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A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy virtual reality startup Within Unlimited , the maker of the popular fitness app Supernatural. Federal antitrust regulators had sought to block the acquisition on the grounds that it would hurt competition in the emerging virtual reality market. But US District Judge Edward Davila denied the Federal Trade Commission 's request for a preliminary injunction against the deal. The judge's ruling said the agency did not provide sufficient evidence to prove its case. Meta said it will now proceed with its acquisition of Within Unlimited. The FTC had argued that Meta's acquisition of the small company - reminiscent of Facebook's early purchases of Instagram and WhatsApp - would hurt competition in the emerging virtual reality market. Read Also Amazon may face a new antitrust lawsuit in the US: What is it U.S. judge denies FTC … [Read more...] about meta: Meta to buy VR startup Within after favourable court ruling

A labour court in Kenya ruled that Meta , the parent company of Facebook , can be sued in the East African country after a former content moderator filed a lawsuit against it alleging poor working conditions. The lawsuit was filed by one person on behalf of a group and was also filed against Meta's local outsourcing company Sama. It seeks financial compensation, an order that outsourced moderators have the same healthcare and pay scale as Meta employees, that unionisation rights be protected and an independent human rights audit of the office. The decision from Kenya's employment and labour relations court could have implications for how Meta works with content moderators globally. The US company works with thousands of moderators around the world, tasked with reviewing graphic content posted on its platform. Read Also Meta testing 'members-only worlds' in Horizon Worlds Amazon may face a new antitrust lawsuit in the US: What is it … [Read more...] about meta: Meta can be sued in Kenya by ex-content moderator, the country’s court rules

Apple had a mixed bag of fortunes last week. From a global perspective, despite iPhone 14 Pro supply problems sinking its holiday revenues, Apple was the only company to record a 1% growth in the quarter. The sale of iPhone 14 drove numbers for the company, suggesting that the popularity of iPhones is increasing more than ever. It seems that the Cupertino-based giant is looking to ride this popularity wave to either expand or rejig iPhone lineup in the future to include an " Ultra " model. iPhone Ultra in 2024 As per Bloomberg's Mark Gurman , Apple CEO Tim Cook may have hinted at an iPhone with "Ultra" branding in 2024. While speaking on an earnings call, which was mostly focused on holiday results, Cook's remakers purportedly gave a sneak peek into the company’s future. While responding to a question about the increasing average sales price of iPhone models, he said that the price increase is no problem as consumers could probably be persuaded to … [Read more...] about iphone: iPhone ‘Ultra’: Here’s why rising average price is not a problem for Tim Cook

Poco is set to expand its smartphone lineup in India with the debut of a new model -- the X5 Pro 5G. The Chinese smartphone maker has already confirmed the launch date and has been teasing the smartphone for some days now. Poco has also roped in Indian T20 captain Hardik Pandya to promote the new phone. Poco X5 Pro 5G will be released today (February 6). Here are all the details about the smartphone and its launch event: Poco X5 Pro 5G: Launch event details The company has also lined up a launch event which will be live-streamed starting at 5.30 pm only on Flipkart Live . Poco will also start the phone’s early access sale at the event and has also created a micro-site of the phone on Flipkart ’s official website. This launch event will be attended by other celebrities including -- Sahil, Mr Faisu, Xyaa, Ashish Bhatia and Natasha Singh . Moreover, users who will tune in to the event will stand a chance to win smartphones and other rewards. … [Read more...] about Poco X5 Pro 5G to launch: Confirmed specs and other details

Close OnePlus Ace 2 OnePlus Ace 2 is now official in China. The smartphone comes as the successor to the OnePlus Ace launched in China last year. OnePlus Ace 2 and OnePlus Ace are two of the latest flagship phones from OnePlus. Both phones have a lot of features in common including display, camera modules and more. However, there are some key differences that can help you decide which one is better. In this article, we'll compare the OnePlus Ace 2 and the OnePlus Ace and discuss how they differ in terms of design, hardware specs, camera performance, battery life, and more. Read Also OnePlus Nord Watch Specifications OnePlus Ace 2 OnePlus Ace Price Starts at CNY 2799 (approximately Rs 34,100) Starts at 2,499 yuan ( approximately Rs 29,250) Display Features a 6.74-inch 1.5K AMOLED display with 120Hz adaptive refresh rate Features a 6.7-inch full HD+ AMOLED display with 120Hz refresh … [Read more...] about OnePlus Ace 2 vs OnePlus Ace: How the two ‘Ace’ smartphones compare

The growth momentum of Indian IT services industry is likely to slow down in the near to mid term as macroeconomic headwinds trigger lower discretionary IT spends, ICRA said. Ratings agency ICRA sees lower hiring by the IT service companies in the near term given that excess capacities were added in FY2022 and expects moderation in demand compared to previous fiscals amid macroeconomic headwinds. Indian IT services companies have witnessed a moderation in growth in the last two quarters in constant currency terms owing to the base effect and evolving macroeconomic headwinds in key markets of the US and Europe . Due to these headwinds, the decision-making towards discretionary IT spending has seen a slight deferment, while the cost optimisation deals continue to generate stable demand, it noted. Read Also Telcos to shell out around Rs. 1.0-1.1 lakh crore on 5G auctions: ICRA Indian data centers to see 5-fold capacity growth with up to … [Read more...] about icra: Indian IT services industry’s growth pace may slow down in near to mid term: ICRA

Close Poco X5 Pro 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1 14 Poco has just announced its latest mid-range smartphone -- Poco X5 Pro 5G -- in India. The handset comes in two variants and the base variant costs Rs 22,999, while the top variant is priced at Rs 24,999. In terms of features, the smartphone offers Qualcomm Snapdragon 778 5G chipset, a 6.67-inch AMOLED display, Dolby Vision and Dolby ATMOS support and 108MP triple rear camera setup. Realme has also announced its Realme 10 Pro+ 5G smartphone recently and the handset’s price starts at Rs 24,999. At this price, it also comes with 108MP rear camera setup, MediaTek Dimensity 1080 chipset and more. Both handsets offer a balanced proposition of price and features. So if you are confused between the two and wondering which one is a better … [Read more...] about realme: Poco X5 Pro 5G vs Realme 10 Pro+ 5G: How to the 108MP mid-range smartphones compares

Ratings firm ICRA expects telcos to shell out around Rs. 1.0-1.1 lakh crore on the upcoming 5G auctions . Given the relaxed payment terms however, the upfront outgo is likely to be around Rs. 10,000 crore for the industry. Additionally, the firm said the industry needs to shell out Rs. 17,000 crore annually towards spectrum instalments, till the moratorium ends. While payments rules have been relaxed for the upcoming auctions, ICRA believes that participation in the auction will add to the industry’s overall debt since it will add to the deferred spectrum liabilities. ICRA expects industry debt levels to increase to around Rs. 5.7 lakh crore as on March 31, 2023, before moderating to Rs. 5.3 lakh crore as on March 31, 2025, despite fundraising attempts by Bharti Airtel and Vodafone Idea . The addition of deferred liabilities is expected to keep the debt levels elevated. ICRA expects the debt metrics to improve steadily going forward given its … [Read more...] about icra: Telcos to shell out around Rs. 1.0-1.1 lakh crore on 5G auctions: ICRA

Google announced last month that it will be laying off 12,000 employees globally. As a part of the job cut process, company employees working in Canada have been told that they have been laid off. The country arm has also confirmed the development. The Financial Post quoted Google Canada spokesperson Lauren Skelly as saying that notifications were being sent to staff impacted by the job cuts announced last month. Skelly reportedly said that Canada remains an important and priority market for Google. However, information about how many employees in the company’s Canada offices are due to be laid off and what departments are seeing the job cuts is not available. Reportedly, those who have been laid off include software engineers and user experience designers in Kitchener, Ontario. Google has offices in Toronto, Kitchener-Waterloo, Ontario, Vancouver, Ottawa, Montreal, and Edmonton. Read Also Tech layoffs: US-based software company Autodesk cuts 250 … [Read more...] about google: Google is notifying Canadian employees impacted by 12,000 job cuts announced last month

Vietnamese electric vehicle ( EV ) maker VinFast is cutting its workforce in the United States amid a restructuring in its major overseas market as the startup grapples with a stalled shipment of its first cars and prepares for a potential stock listing, the company said. A spokesperson said headcount would not shrink in Vietnam where most of the company's staff is located. Read Also Budget 2023: EVs to get cheaper, Centre proposes customs duty exemption on batteries EV 2-wheeler sales in India to reach 22 mn by 2030: Report It was not immediately clear how many jobs would be affected. VinFast had hired about 150 people in the United States, many in sales, support and distribution roles as part of a model that bypasses traditional dealerships. VinFast, which started operations in 2019, said last week that it would delay its first batch of deliveries to the United States to the second half of February. In late … [Read more...] about EV: EV startup Vinfast says cutting US jobs amid restructuring