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Thursday, April 29, 2021

#ResignModi: Facebook Blocks Posts ‘by Mistake’ for Hours as India’s COVID-19 Crisis Grows

Facebook blocked posts tagged #ResignModi before restoring them hours later, stoking a controversy that’s erupted over government requests to remove social media content as India grapples with an escalating COVID-19 crisis.

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Virtual reality investments are a long-term play for businesses targeting Gen Z, says South Korea's Zepeto

Businesses looking to capture the next generation of customers are doing so through virtual reality headsets, according to the chief strategy officer of South Korean avatar app Zepeto.

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Telegram to get this WhatsApp feature next month

Telegram is all set to get the much-awaited group video call feature. As reported by Yahoo Finance, Telegram CEO Pavel Durov has announced that the iOS version of the app will get support for group video calls next month. Initially, the company planned to roll out the feature last year.

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Apple soars past sales, profit targets with strong iPhone demand

Apple Inc posted sales and profits ahead of Wall Street expectations fueled by 5G iPhone upgrades. Fiscal second-quarter sales to China nearly doubled and results topped analyst targets in every category, led by $6.5 billion more in iPhone sales than predicted and Mac sales about a third higher than estimates.

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Facebook benefits from pandemic ad spending but Apple could spoil its party

A surge in digital ad spending during the pandemic when consumers shopped online, along with higher ad prices, helped Facebook revenue surge 48%. Looking ahead, the world's largest social network said it will focus on building e-commerce features to expand beyond its ad business.

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Qualcomm sees revenue, profits above estimates as supply chain improves

For the fiscal second quarter ended March 28, Qualcomm had adjusted earnings of $1.90 per share on sales of $7.93 billion, compared with analysts' estimates of $1.67 per share on $7.62 billion, Refinitiv data showed. Wall Street estimates had been only slightly above the midpoints of Qualcomm's own guidance of $1.65 per share on $7.6 billion.

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iPad and Mac continue to be best-sellers for Apple, bring record revenue

As part of its latest earnings report for the second fiscal quarter of 2021, Apple has revealed that it has hit record revenue levels from both Macs and iPads. Both the Mac and iPad saw even higher revenue growth at over 70%. In the earnings call, Apple CEO Tim Cook attributes these record-breaking numbers to remote working.

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US government, industry push bitcoin regulation to fight ransomware scourge

In a report on Thursday, the panel of experts is expected to call for far more aggressive tracking of bitcoin and other cryptocurrencies.

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Samsung sees chip profits up, mobile sales down in Q2 on chip shortage

Samsung Electronics Co Ltd said it expects chip profits to increase but mobile profits to drop in the current quarter, as a global chip shortage affects its businesses in different ways.

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EBay forecasts profit below estimates on stiff competition, shares fall



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Google battles landmark UK class action over alleged iPhone tracking

The case, brought on behalf of more than four million Apple iPhone users, hinges on whether Google breached its duties as a data controller by clandestinely collecting browser-generated data and then offering it to advertisers in 2011 and 2012

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Amazon is most desirable workplace in US: LinkedIn

Based on the company's ability to attract, develop and retain talent, Microsoft-owned professional networking platform LinkedIn on Wednesday named Amazon as the most desirable workplace in the US for 2021.

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Amazon app quiz April 29, 2021: Get answers to these five questions and win LG washing machine for free

Results of today’s quiz will be announced on April 30.

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Zomato files for $1.11 billion IPO as food delivery surges in pandemic

In February, the company raised $250 million from five investors including hedge fund Tiger Global Management for a post-money valuation of $5.4 billion.

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Flipkart daily trivia quiz April 29, 2021: Get answers to these five questions to win gifts and discount vouchers

Only the first 50,000 participants will be eligible for the quiz prize.

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Airtel CEO has a 'warning’ for mobile phone users

Vittal affirmed the company's commitment to the safety and convenience of its customers, through contactless home delivery of SIMs and online payments. In the letter, he also highlighted security-related measures taken by the company amid a "massive increase in cyber frauds".

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