Shubham Prajapati

Amazon hikes Prime membership fees in US

For the holiday quarter, the company earned $14.3 billion, double its net income from a year earlier.

Amazon.com Inc on Thursday said it was raising the price of its annual U.S. Prime subscriptions by 17%, as it looks to offset higher costs for shipping and wages that it expects to persist this year.

Shares rose as much as 17% in extended trade as Amazon also beat profit expectations for the holiday season. If shares increase on Friday by that much, it would be the stock’s biggest percentage gain since October 2009 and grow founder Jeff Bezos’ wealth by about $20 billion.

For the holiday quarter, Amazon earned $14.3 billion, double its net income from a…read more

YouTube Shorts hit 5 trillion all-time views

The Google-owned video streaming giant on Tuesday said that this is helping its creator community reach newer and bigger audiences

YouTube Shorts, a TikTok-like short form video app, has hit 5 trillion all-time views and has over 15 billion views each day globally, Alphabet and Google CEO Sundar Pichai has said during the company’s earnings call.

The Google-owned video streaming giant on Tuesday said that this is helping its creator community reach newer and bigger audiences.

“We are also seeing exciting momentum at YouTube. YouTube Shorts continues to drive significant engagement. We just hit 5 trillion all-time views and have over 15 billion views…read more

Twitter testing new feature to allow users to post longer messages

Jane Manchun Wong, known for finding experimental features within apps, discovered the existence of a ‘Twitter Articles’ tab, reports Engadget

Twitter is reportedly working on a new feature that would cater to the needs of those who want to share their thoughts on the micro-blogging site in one lengthy article.

Jane Manchun Wong, known for finding experimental features within apps, discovered the existence of a “Twitter Articles” tab, reports Engadget.

The name itself signifies a long-form format for the social network that has long only allowed people to post bite-sized text messages, but its exact nature is…read more

6 Reasons that Meta is in Trouble

The company formerly known as Facebook has hit major turbulence as it suffered its biggest one-day wipeout ever.

Meta, the company formerly known as Facebook, suffered its biggest one-day wipeout ever on Thursday as its stock plummeted 26 percent and its market value plunged by more than $230 billion.

Its crash followed a dismal earnings report on Wednesday, when Mark Zuckerberg, the chief executive, laid out how the company was navigating a tricky transition from social networking toward the so-called virtual world of the metaverse. On Thursday, a company spokesman reiterated statements from its earnings announcement and declined to comment further.

Here are six reasons that Meta is in a difficult spot.

User growth has hit a ceiling.

The salad days of Facebook’s wild user growth are over.

Even though the company on Wednesday recorded modest gains in new users across its so-called family of apps — which includes…read more

Xiaomi to invest $7 billion in 5G, AI, Internet of Things over next 5 years

The announced investment increases Xiaomi’s pledge made last year to invest 10 billion yuan over five years in an “All in AIoT” strategy

Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth generation internet technologies over the next five years, as competition in the sector grows.

Xiaomi Chief Executive Lei Jun made the announcement in a letter posted on the company’s social media account on Thursday, but did not provide specific investment details.

“We need to turn our continuous advantage we have in AIoT and intelligent life into absolute victory in intelligent full scene, and completely cement our king status in the smart era,” Lei said, using the acronym for artificial intelligence of things, a reference to a combination of…read more

Hindustan Aeronautics, Wipro 3D join hands for 3D printing in aerospace

The companies hope the initiative will bring metal 3D printing into the mainstream of Indian aerospace

Hindustan Aeronautics Ltd (HAL) and Wipro 3D, the metal additive manufacturing (AM) business of Wipro Infrastructure Engineering (WIN), have joined hands to design, develop, manufacture and repair aerospace components using metal 3D printing technology. Prove-outs and certification of components developed using metal 3D printing are other key elements of this pact.

The companies hope the initiative will bring metal 3D printing into the mainstream of Indian aerospace.

“Wipro 3D and HAL have worked together in the past. This further strengthens our collaborative efforts to create additive technology leadership in aerospace,” said Pratik Kumar, CEO, Wipro Infrastructure Engineering.

Globally, the aerospace industry has been one of the foremost adopters of metal 3D printing due to the benefits of…read more

Artificial intelligence can spot breast cancer better than doctors

Artificial intelligence can spot breast cancer better than doctors

Technology news: Artificial intelligence can spot breast cancer more accurately than doctors, according to a study by Google Health.

The technology’s reading of mammograms reduced both false positives, where healthy patients are mistakenly diagnosed with the disease, and false negatives, where the cancer is missed, the Alphabet unit said in a blog post. The system reduced false positives by 5.7 per cent in the US, according to the data from more than 28,000 mammograms performed there and in the UK.

Artificial intelligence is particularly good at reading scans, often outperforming experts. Last year, Google published research that showed how the technology could be used to tell whether breast cancer had spread to surrounding lymph nodes, helping pathologists make…read more

Slowdown hits sales of cars, biscuits in 2019, but not smartphones

A back of the envelope calculation shows that over 115 million units smartphones were shipped in India in the first three quarters of 2019 with Xiaomi, Samsung making up the top two tally

The economic slowdown may have clipped sales of cars and biscuits in 2019, but smartphones bucked the trend as urban and rural users continued to buy, and even upgrade to, expensive handsets – a trend likely to pick up pace in the coming year.

The growth in smartphone adoption was further fuelled by the government’s push to position the country as a global hub for manufacturing and coax Apple and other leading brands to produce and export more phones from India.

Experts say that phone shipment is expected to see high single-digit to double-digit growth in India as smartphones aiding everything from shopping to banking to social media…read more

Will give 5G spectrum for trials to all players, including Huawei: Prasad

Sources said all operators and vendors, including Huawei, will be included in trials.

India will not bar any equipment suppliers, such as China’s Huawei, in the upcoming trials for 5G, with Telecom Minister Ravi Shankar Prasad on Monday saying the government will allocate airwaves to all telecom service providers for conducting trials of super-fast speed 5G networks.

Huawei rivals western equipment makers, such as Ericsson, and is banned in the US. Many countries, however, have allowed telecom service providers to use Chinese gears. And now, India has also indicated its unwillingness to keep any company out of 5G trials.

The government has decided to give 5G spectrum for trials to all operators in the country, Prasad said on Monday on the sidelines of a telecom event.

This implies that all operators, backed by equipment vendors they…read more

Microsoft takes down 50 web domains used by North Korean hacking groups

The hackers also used malicious software which can access other data on a victim’s computer

Microsoft has said that it obtained a court order allowing it to seize web domains used by North Korean hacking groups to launch cyberattacks on human rights activists, researchers and others.

The US technology giant said on Monday that a federal court allowed it to take control of 50 domains operated by a group dubbed Thallium, which tricked online users by fraudulently using Microsoft brands and trademarks.

“This network was used to target victims and then compromise their online accounts, infect their computers, compromise the security of their networks and steal sensitive information,” said Tom Burt, Microsoft’s vice president for…read more