Dive into the tech & future
Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange, according to a source familiar with the matter. Bankman-Fried is accused of illegally using FTX customer deposits to support his Alameda Research hedge fund, … Read more
What are the biggest web series and TV shows in January 2023? Kickstarting the New Year is the live-action adaptation of the acclaimed PlayStation video game, The Last of Us, and the fourth season of Fauda. The former is hands down the most anticipated series this year, where you experience an emotional zombie-killing adventure through … Read more
Microsoft announced its plans to acquire Activision Blizzard a year ago, sparking concerns that the firm might keep Call of Duty, the video game company’s iconic franchise, from appearing on Sony’s PlayStation. According to a report, an American technology news website, last year in January Microsoft announced it would spend $68.7 billion to acquire Activision … Read more
BharatPe’s chief executive Suhail Sameer, who had a fall out with ousted co-founder Ashneer Grover, has stepped down, sending the company scouting for succession planning. In a statement, BharatPe said, “Sameer will transition from chief executive officer to strategic advisor effective January 7, 2023.” It did not mention the reason behind Sameer’s resignation. “This (new … Read more
Microsoft Chairman and CEO Satya Nadella on Tuesday said there is a tremendous momentum in cloud adoption, as he termed cloud a “big game changer”. Nadella, who is currently in India, addressed Microsoft Future Ready Leadership Summit in Mumbai on Tuesday. He is also scheduled to visit Delhi and Bengaluru this week, and will be … Read more
Epic Games CEO Tim Sweeney has sparked speculation that the company’s popular game Fortnite will return to Apple iOS devices in 2023. The game was removed from the App Store in 2020 for violating the guidelines laid by Apple. The top executive of the company tweeted, “Next year on iOS,” in one tweet and shared … Read more
Multiple crypto companies collapsed or filed for bankruptcy by the end of 2022 amid an ongoing global economic slowdown. Despite the upheaval, industry analysts are confident that the downturn filtered out shaky and evidently risky firms from industry that is already suffering from volatility. Steadier hands and more durable companies will be participants in the … Read more
Apple is reportedly working on an affordable version of AirPods with an aim to compete with cheaper true wireless stereo (TWS) earphones. The earphones may be called “AirPods Lite”. Citing industry sources, analyst Jeff Pu of Haitong Intl Tech Research (via 9to5Mac) claimed that Apple may see a fall in AirPods demand this year. He … Read more
Tesla has seen one of the worst months in December. The company’s share price went down by more than 10%. The US-based electric carmaker also fell short of its 50% growth target in 2022. Tesla investors have also not been too happy with CEO Elon Musk spending too much mind share on his new acquisition … Read more
South Korea’s antitrust regulator said it would impose a KRW 2.85 billion (roughly Rs. 18 crore) fine on Tesla for failing to tell its customers about the shorter driving range of its electric vehicles (EVs) in low temperatures. The Korea Fair Trade Commission (KFTC) said that Tesla had exaggerated the “driving ranges of its cars … Read more