CLOUD GAMING CMA REPORT
Mobile browser duopoly: UK watchdog calls for investigation into Apple-Google
A British regulatory report suggested that Apple's policies might be hindering innovation in smartphone browsers. The report, focusing on Apple's restrictions on web access and browser competition on iPhones, recommended a further investigation into Apple's and Google's duopoly in mobile ecosystems.
Colt DCS, RMZ form joint venture to invest $1.7 billion in India data centres
Colt Data Centre Services and RMZ Corp have partnered to invest $1.7 billion in Indian digital infrastructure. The joint venture will focus on expanding data center capacity in Navi Mumbai, Chennai, and a future third location. The investment reflects the growing demand for data centers in India driven by cloud adoption, AI, and a burgeoning digital economy.
The return of smog: All reports point to need for action on war footing in Delhi and policy reforms in NCR
Delhi's air quality has plummeted once again, triggering emergency measures like school closures and construction bans. Despite efforts to curb stubble burning and vehicular emissions, the city remains choked with smog. Experts emphasize the need for urgent, year-round action, including stricter enforcement of existing policies and a comprehensive approach to tackling pollution across the entire Indo-Gangetic Plain.
Tencent signals slow AI monetisation; gaming drives 8% Q3 revenue growth
Tencent has intensified AI efforts over the past two years, developing services for large-language model training and deployment. It has also launched Yuanbao, a chatbot powered by its proprietary Hunyuan LLM.
Microsoft beats expectations, but AI concerns force shares down
Microsoft delivered solid quarterly results on Wednesday, beating analyst expectations with revenue jumping 16 percent to $65.6 billion, but questions were raised about the company's big spending on the AI boom. During the quarter, Microsoft also returned $9.0 billion to shareholders through dividends and share repurchases, helping pump up share value.
AI helping companies make more money, adding up to 20% to profits: report
Generative AI is the prime mover of the current wave of technological change and companies leveraging on AI can make remarkable profits up to 20%.
Rebel Foods¡¯ funding; gig workers in demand
Happy Monday! Cloud kitchen firm Rebel Foods is in talks for a $100-150 million funding round. Details of this and more in today¡¯s ETtech Morning Dispatch
Chinese entities turn to Amazon cloud and its rivals to access high-end US chips, AI
The US government has restricted the export of high-end AI chips to China over the past two years, citing the need to limit the Chinese military's capabilities. "AWS complies with all applicable US laws, including trade laws, regarding the provision of AWS services inside and outside of China," a spokesperson for Amazon's cloud business said.
Tencent Q2 Results: Revenue rises on gaming business recovery
China's Tencent Holdings reported an 8% rise in second-quarter revenue on Wednesday, driven by a recovery in its gaming business after a launch of a new mobile game in May that got off to a strong start.
JioBharat phone corners 50 per cent market share in the sub-Rs 1,000 segment: RIL annual report
Reliance Industries, in its annual report, said that the JioBharat phone, launched in July 2023, captured a 50% market share in the sub-Rs 1,000 segment for FY24. Aimed at shifting 2G users to digital networks, the device offers smartphone-like features at a lower price, significantly aiding digital transition among feature phone users.
SAP¡¯s India cloud growing over 50%, to focus on smaller businesses: India MD
Manish Prasad, president and managing director of SAP Indian Subcontinent, told ET that India is a key growth market for the company. SAP, which is Europe's biggest tech company by market capitalisation, is seeing cloud revenues in the India market rising at over 50% a year as mid-market firms up adoption.
IND vs SL 2nd T20 Weather Report: Will rain ruin match between India and Sri Lanka at Pallekele
The second T20I between India and Sri Lanka at Pallekele was delayed by rain. India chose to bowl first after winning the toss; Sanju Samson replaced Shubman Gill due to a neck spasm. Sri Lanka needs a win to keep the series alive, following their 43-run defeat in the first game.
Was Xbox Live down due to Microsoft outage? Here's what we know
Xbox gamers were in for a shock on Friday as they were signed out of their Microsoft accounts, without being able to sing in or connect to different online games. Game downloading was also majorly affected under these circumstances due to the Microsoft outage that has been rampant across the world.
Samsung expects Gen AI to reach over 200 mln phones by end of 2024: TM Roh
Samsung anticipates that generative AI will be integrated into over 200 million smartphones by the end of the year, spurred by the launch of its latest foldables and wearable devices, according to TM Roh, the head of the company's mobile business.
Google-Wiz deal talks: here's a look at the tech giant's biggest acquisitions
Google looks to take on rivals Amazon Web Services and Microsoft Azure in the cloud-computing space. If the deal goes through, this will be the tech giant's biggest acquisition, almost double what it paid for Motorola Mobility in 2012. In the past decade, the search engine giant has made several big-ticket deals as well.
Deven Choksey on 3 themes to focus on with margin of safety in mind
Deven Choksey says does not expect any dramatic improvement in IT companies¡¯ numbers, but expects the strength in the commentary to be positive hereafter. From that particular point of view, the IT companies could get re-rated, and 15% to 20% appreciation is possible in many of the IT companies including some of the mid-tier IT companies.
Australia spy agency moves intelligence data to cloud in Amazon deal
Australia's A$2 billion deal with Amazon Web Services will shift top-secret intelligence data to the cloud, enhancing interoperability with U.S. military. Defence Minister Richard Marles noted resilience via distributed facilities and server redundancy. Rachel Noble highlighted AI's ethical data analysis. Andrew Shearer emphasized a common computing environment. Australia's National Security Agency will build new data centres.
Explained: Why is France targeting Nvidia?
France's antitrust regulator is set to charge Nvidia in relation to alleged anti-competitive practices. The move comes after dawn raids by French authorities in September last year, which sources said targeted Nvidia. The raids were the result of an ongoing probe into the cloud computing industry.
India vs SA ICC T20 World Cup Final: Playing XI, weather forecast, pitch report, where to watch, and other key things
India vs SA T20 World Cup 2024 Final Barbados: India will face South Africa in the T20 World Cup final on Saturday, June 29, at the Kensington Oval in Barbados. Both teams have shown exceptional performances throughout the tournament. The pitch at Kensington Oval favors pace bowlers, and winning the toss has historically been advantageous. India and South Africa, each with strong squads, will compete for the prestigious title.
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