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Showing posts from April 27, 2023

Amazon Records $3.2 Billion in Quarterly Profits as Revenue Climbs 9 Percent on Back of Cloud, Ads Units

Online retail titan Amazon on Thursday reported that its cloud and ads units helped it beat earnings expectations in the first quarter of this year despite shoppers and businesses being more careful about spending. "For the first time in several quarters, Amazon may finally have a bit of wind at its back," said Insider Intelligence principal analyst Andrew Lipsman. Amazon shares spiked more than 10 percent shortly after release of the earnings figures, only to sink slightly below the day's closing price as it warned that customers were remaining watchful of their budgets. Amazon reported a profit of $3.2 billion (roughly Rs. 26,162 crore) on revenue that climbed 9 percent to $127.4 billion (roughly Rs. 10,41,616 crore) in the quarter. The net income was about a billion dollars more than analysts had forecast. "There's a lot to like about how our teams are delivering for customers, particularly amidst an uncertain economy," said Amazon chief executive s

iPhones, AirPods Replaced With Replicas by E-Commerce Delivery Executive in Gurugram

A delivery executive of an e-commerce firm allegedly stole 10 iPhones by replacing them with dummy phones on the way to deliver them to the customer here, police said on Thursday. Station in-charge of Matrix Finance Solution, which delivers Amazon 's parcel, Ravi in his complaint alleged that on March 27 delivery executive Lalit was handed over a customer's parcel, which contained 10 iPhones and an AirPods , at his address, they said. However, instead of delivering the parcel, Lalit replaced the iPhones with replicas and sent his brother Manoj to deposit them back to the company claiming that the customer could not be contacted, Ravi said in his complaint. Suspecting some tampering with the packaging, the parcel was opened and the delivery company found the fake phones inside, police said. Meanwhile, upon not receiving his parcel, the customer also cancelled his order, they said. An FIR has been registered against Lalit under sections 420 (cheating), 408 (criminal breach

Tecno Camon 20 Pro 4G Tipped to Feature MediaTek Helio G99 SoC, 6.67-Inch AMOLED Display; Could Launch in May

Tecno is reportedly planning to expand its Camon series of smartphones with Camon 20 Pro 4G. The smartphone is expected to hit the market soon as a reliable tipster has leaked the launch timeline as well as key specifications for the phone. The handset is likely to be powered by a MediaTek chipset and could sport a triple rear camera setup. The phone is expected to succeed Tecno Camon 19 Pro, which was launched last year in June. The Tecno Camon 19 Pro is powered by a MediaTek Helio G96 SoC paired with 8GB of RAM. Tipster Paras Guglani (@passionategeekz) has shared the key specifications as well as global launch timeline of the Camon 20 Pro 4G. The smartphone is expected to hit the global market in May 2023. The handset is expected to launch in India later, but no timeline has been hinted for the same. Expected to be offered in Serenity Blue and Predawn Black colourways, the phone will reportedly sport a 6.67-inch AMOLED display with a 120Hz refresh rate. The smartphone is likely to

Microsoft's Activision Takeover Deal Was Blocked Due to Cloud Gaming, Not Consoles: Details

For all the thunder about Xbox versus PlayStation , it was the nascent cloud market that led to Britain's surprise decision to block Microsoft's record Activision Blizzard takeover. Microsoft has been working for months to satisfy concerns about the $69 billion (roughly Rs. 5,64,700 crore) deal raised by Britain's Competition and Markets Authority (CMA), which has been increasing proactive in taking on "Big Tech" since Brexit. The ruling - which the US company has vowed to appeal — sets a precedent for the European Commission — due to issue its own verdict next month, and the US Federal trade Commission. Microsoft offered  Sony a 10-year guarantee that new versions of Call of Duty — one of the most valuable franchises in gaming — would be available on PlayStation at the same time as on Xbox. Nintendo secured a similar deal. That only answered the CMA's console concerns, leaving cloud gaming as the only remaining — and apparently lower — hurdle. Defin

iPhone 15 Pro Max Camera Specifications Leak Again, iPhone 15 Lineup Production Cost Tipped to Increase

iPhone 15 Pro Max — Apple's purported top-of-the-line flagship smartphone for 2023 — isn't expected to make its debut for a few more months. There have been several leaks related to the successor to the iPhone 14 Pro Max, including the inclusion of solid-state buttons and a new sensor for the primary rear camera. However, days after a prominent tipster claimed that the iPhone 15 Pro lineup would be equipped with a next-generation Sony camera sensor, a new leak has surfaced online, contradicting that claim. According to details shared by tipster Revegnus (Twitter: @Tech_Reve), the upcoming iPhone 15 Pro Max will be equipped with the same primary camera sensor as the iPhone 14 Pro and iPhone 14 Pro Max . The company will equip its iPhone 16 Pro lineup with the Sony IMX903 sensor, Revegnus claims. Yes.... it's truth time again. The IMX903 is for the iPhone 16 Pro. The iPhone 15 Pro Max uses the same sensor as its predecessor. — Revegnus (@Tech_Reve) April 24, 2023 Th