Elon Musk trolls Tim Cook on Twitter over Apple’s $19 cleaning cloth

Tesla CEO Elon Musk has trolled Apple CEO Tim Cook on Twitter over Apple’s new $19 cleaning cloth. In celebration of Apple’s new store in Istanbul, Cook tweeted on Friday: “Introducing Apple Bagdat Caddesi, our beautiful new store in Istanbul. We’re glad to be a part of this vibrant community and we can’t wait to … Read more

Steve Jobs’ most magical feat took a decade to reveal itself

When Steve Jobs resigned as Apple CEO in August 2011, it marked the end of an epic 15-year burst of creative and commercial energy. Jobs’ successor, Tim Cook, was a skilled operator with no evidence of product vision. Even the most bullish Apple fans would not have imagined what’s happened since Cook took over. See … Read more

Samsung leads global smartphone market in Q2 despite decline: Report

Global smartphone market grew 19 per cent (year-over-year) but declined by 7 per cent quarter-over-quarter as 329 million units were shipped led by Samsung, a report said on Thursday. Samsung retained the number one spot with shipments reaching 58 million units in Q2 2021, however, its market share declined to 18 per cent as compared … Read more

Xiaomi is world’s No. 2, beats Apple

Xiaomi has become the world’s second biggest smartphone maker over the past quarter following an 83% jump in shipments, according to preliminary estimates by Canalys. This marks the first occasion that Xiaomi, the Chinese maker of everything from rice cookers to gaming monitors, has broken into the top two, historically dominated by Samsung and Apple. … Read more

G7 nations reach ‘historic’ agreement over global corporate tax

Finance ministers from wealthy G7 nations on Saturday pledged to commit to a global minimum corporate tax of at least 15 percent, rallying behind a US-backed plan. “We… commit to a global minimum tax of at least 15 percent on a country by country basis,” said a statement at the conclusion of their London meeting. … Read more

Apple taps debt markets to raise $14 billion for future shareholder payouts

Apple is taking advantage of the low interest rate environment to raise $14 billion in debt, according to Bloomberg. The debt offering will include 40-year bonds and proceeds from will go towards buying back stock and dividend payments. Apple ended its most recent quarter with $196 billion in cash, and $112 billion in debt. Sign … Read more

OneWeb launches 36 satellites; to offer hi-speed internet from 2021 end

Bharti Global and UK government on Friday said their joint venture OneWeb — a Low Earth Orbit (LEO) satellite communications operator — launched 36 satellites from the Vostochny cosmodrome in Russia. This takes the total in-orbit constellation to 110 satellites, part of OneWeb’s 648 LEO satellite fleet that will deliver high-speed, low-latency global connectivity, a … Read more

Paytm takes the challenge to Google, launches its own mini app store

Paytm has taken the challenge to Google’s Play Store by launching its Android Mini App Store, through which it seeks to help developers take their applications to the masses. This is the start-up’s latest move to break Google’s monopoly over distribution of Android applications. Paytm is providing listing and distribution of these mini apps from … Read more