Spotify Technology’s quarterly revenue above analysts’ forecasts on Wednesday, owing to more ad income and more people signing up for its premium subscription, sending the audio streaming platform’s stock up roughly 5% in pre-market action. The company has invested heavily in podcasts, spending more than a billion dollars on showsContinue Reading
(Reuters) – According to The New York Times, Twitter’s board of directors and Tesla CEO Elon Musk discussed into the early hours of Monday about Musk’s attempt to purchase the social media site. Musk said last week that he had secured $46.5 billion in funding to acquire Twitter, putting pressureContinue Reading
The reemergence of a polio virus case in the nation after a 15-month absence has alarmed Prime Minister Muhammad Shehbaz Sharif. After seeking a report from the appropriate authorities, the Prime Minister directed the establishment of a strategy to eradicate the deadly disease from the country. The Prime Minister calledContinue Reading
Apple is expected to announce the iPhone 14 series, which will include an upgraded front-facing camera with autofocus. According to GizmoChina, details about the front-facing camera of the Apple iPhone 14 series models have leaked online, as analyst Ming-Chi Kuo has revealed what improvements will be made to the devices’Continue Reading
Mitsuhiro, Japan’s WADA Ambassador, met with Pakistan Air Force Chief of Staff Air Chief Marshal Zaheer Ahmed Baber Sidhu on Thursday. According to a Pakistan Air Force press release, the visiting dignitary praised PAF personnel’s professionalism as well as the PAF’s exceptional progress over the years, particularly through indigenization. TheContinue Reading
According to a Washington Post article Wednesday, which was partially validated by AFP, Facebook’s owner Meta has engaged a consulting firm to carry out a US campaign disparaging its competitive competitor TikTok. The effort purportedly involves sending letters to major US news sites and publicising unfavourable reports about TikTok, allContinue Reading
Russia restricted Instagram access and filed a criminal complaint against its owner, Meta, in punishment for the digital giant’s enabling comments inciting for violence against Russian military personnel. This latest escalation follows Russia’s closure of Facebook and limiting of Twitter in a conflict with US social media platforms that hasContinue Reading
Exports of information technology (IT) surged by 32.65% in the first seven months of the current fiscal year. According to a Ministry of IT and Telecom official, “ICT export remittances, including telecommunication, computer, and information services, increased by 32.65% to US $1.487 billion during Financial Year (FY) 2021-22, up fromContinue Reading
US labour officials have filed a lawsuit accusing Amazon of employing intimidation and surveillance against its workers in a New York City warehouse who were attempting to form a union. The National Labor Relations Board (NLRB) said in a lawsuit filed on Thursday that Amazon questioned workers about union activitiesContinue Reading
For suspected anti-competitive collaboration in the sale of Apple and Beats items, Italy’s antitrust regulator penalised Amazon.com (AMZN.O) and Apple Inc (AAPL.O) a total of more than 200 million euros ($225 million). Only a few resellers were authorised to sell Apple and Beats items on Amazon due to contractual constraintsContinue Reading
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