European smartphone market drops 11%: only Honor shows growth
The European smartphone market experienced an 11% contraction in the third quarter of 2023, marking the steepest decline since 2011, as per Counterpoint Research. Realme took the hardest hit, while Apple weathered the storm, edging past Xiaomi, and the resilient Honor...
Twitter Faces $75 Million Ad Revenue Plunge Amidst Suspension Woes – Internal Docs Expose Struggle
Internal documents obtained by The New York Times unveil Twitter’s dire financial straits, projecting a staggering $75 million loss in advertising revenue by year-end. Over 200 ad campaigns, featuring major players like Airbnb, Amazon, Coca-Cola, and Microsoft, have...
Historic Accord: 18 Nations Unite to Safeguard AI Security in Landmark Agreement
The United States, the United Kingdom, and a coalition of 18 countries have collaboratively crafted the inaugural international agreement aimed at fortifying the security of artificial intelligence (AI) technology. The accord, outlined in a comprehensive 20-page document,...
Samsung-Owned Harman Expands Sonic Portfolio with Acquisition of Roon Audio Platform
Harman, a company under the Samsung umbrella, has announced the acquisition of the Roon audio platform. Recognized for its ability to synchronize music playback across diverse devices in multiple rooms, regardless of brand, Roon has carved a niche in the audio technology...
iRobot shares fall 17% as there is an EU warning of antitrust violations
iRobot, recognized for its Roomba vacuum cleaner, witnessed a significant 17% drop in shares following a stern warning from the European Union’s antitrust regulator regarding Amazon’s proposed $1.7 billion acquisition. The European Commission, investigating the...
