Byju’s founder and chief executive Byju Raveendran has apologised to the firm’s employees for the clumsy layoffs in India’s largest education technology company, saying 2,500 job cuts were necessitated to avoid role duplication and reduce redundancies. In a message to employees, Raveendran said Byju‘s has been compelled to focus on sustainability and capital-efficient growth because
Month: October 2022
The OnePlus Nord Watch is the brand’s first entry-level smartwatch in the Nord series. OnePlus Nord smartphones are typically budget to mid-range devices, so it’s no shocker to see an entry-level OnePlus smartwatch from the Nord ecosystem. We have plenty of choice in the sub-Rs. 5,000 smartwatch segment in India, both from local and Chinese companies, so
Hong Kong is “back in business” and exploring whether to legalise crypto trading by retail investors, the city’s finance chief announced Monday, kicking off a week of conferences aimed at resuscitating the Chinese hub’s image. In contrast to mainland China where crypto has been all but banned, Hong Kong is looking to relax regulations and
Elon Musk was forced through a months-long court battle to buy Twitter on Thursday, but numerous lawsuits remain against the world’s richest person and electric carmaker Tesla, where he is chief executive. Twitter Lawsuit Twitter investors sued Musk in May in San Francisco federal court, claiming he manipulated Twitter’s stock price by failing to disclose
Meta criticized Apple for changing its App Store terms to take a portion of social-media advertising revenue, saying the iPhone maker was “undercutting others in the digital economy.” The policy change, disclosed this week, requires users and advertisers to make an in-app purchase when they pay to “boost” posts in apps like TikTok and Meta’s
Redmi Note 12 Discovery Edition was launched in China on Thursday. The new smartphone by the Xiaomi sub-brand was unveiled alongside the Redmi Note 12, Redmi Note 12 Pro and Redmi Note 12 Pro+ phones. The Redmi Note 12 Discovery Edition has similar specifications to the regular Redmi Pro+ model. However, the Redmi Note 12
Elon Musk, who changed his public profile descriptor to “Chief Twit” on Twitter, is visiting the social network’s San Francisco office this week ahead of a court-imposed deadline to buy the company by Friday. Ed Ludlow reports on “Bloomberg Markets: The Close.”
Samsung Electronics on Thursday said its third-quarter operating profits were down 31.39 percent year-on-year after a global economic downturn hit demand for consumer electronics. Earnings in the South Korean tech giant’s crucial memory chips division dropped, the company said in a statement, adding that “demand for consumer products remained weak”. Operating profit for July to September 2022 fell to
Meta Platforms said on Friday it has fixed the issue that was preventing users from accessing its social media platforms. “Earlier today, a configuration change caused some people to have trouble accessing our products,” a Meta spokesperson said. More than 11,000 users across Instagram, Facebook and Messenger had reported issues with accessing the apps, sending
Bharat Sanchar Nigam Limited (BSNL) has launched new tariff offers for its prepaid users this Diwali. The new plans, applicable to all prepaid users across the country, come with different benefits. BSNL’s Diwali Offer 2022 has introduced two tariff plans worth Rs. 1198 and Rs. 439. While the Rs. 1198 plan brings with it a
After last month’s flurry of AAA game launches, one would naturally expect the following days to be a barren wasteland. But, heading into November, PlayStation comes in hot with God of War Ragnarök, an epic-scale title promising a sombre father-son tale, that takes regular breaks to cleave incoming hordes of monsters. Following close behind is
Redmi Note 11 Pro (2023) smartphone has allegedly been spotted on Geekbench, hinting that the smartphone could come with Qualcomm’s Snapdragon 732G SoC with 8GB RAM. Meanwhile, the company has already announced the launch of Redmi Note 12 series earlier this week. This will not be the first time when the Chinese smartphone will be
India and South Africa will play against each other on Sunday, October 30, in the Super 12 round of the ICC Men’s T20 World Cup. After kickstarting their ICC Men’s T20 World Cup journey against Pakistan on a winning note, India seems to have been in a strong form under the leadership of captain Rohit
General Motors said late on Friday it had temporarily halted paid advertising on Twitter after Elon Musk completed his takeover of the social media company. The largest US automaker said it was “engaging with Twitter to understand the direction of the platform under their new ownership.” Twitter did not immediately respond to a request for comment. Musk
Apple managed to boost both its sales and profit during a summertime quarter that depressed the fortunes of most other major tech companies, but that doesn’t necessarily mean the iPhone maker will be immune to a potential recession. Even though Apple fared reasonably well, the July-September results released on Thursday signalled that the world’s most
Realme 10 5G, which has been tipped to make its debut in November this year as the Chinese tech giant’s variant successor to the vanilla Realme 10, has now reportedly been spotted on the China Compulsory Certification (3C) website with the model number RMX3663. The listing suggests that the latest smartphone’s launch is imminent, while
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