Month: October 2022

Microsoft’s has not offered any remedies to EU antitrust regulators reviewing its proposed $69 billion (nearly Rs. 5,71,400 crore) bid for Call of Duty maker Activision Blizzard ahead of an expected full-scale EU probe, a person familiar with the matter said on Monday. The US software company is betting on the acquisition to help it compete better with
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Hundreds of Apple workers in Australia are set to strike again after almost two-thirds of employees rejected a pay and benefits deal, the latest escalation of a fight that has seen weeks of walkouts at stores around the country. Results released on Monday show 68 percent of Apple workers rejected a workplace agreement proposed by
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Facebook’s rebranding to Meta, aimed at establishing the company’s stronghold in the Web3 sector, completed a year over the weekend on October 28. Sam Bankman-Fried (SBF), the CEO of the FTX crypto exchange grabbed the opportunity to give his insights on Facebook’s mega-revamp. The crypto mogul has argued that Meta has seen snags in its
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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
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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
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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
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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
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