Broadcom, the US semiconductor giant, is on the cusp of finalizing its monumental $61 billion acquisition of VMware, marking a historic moment in the IT industry. This impending merger ranks as the third-largest IT deal in history, trailing behind only Dell's acquisition of EMC for $67 billion and Microsoft's takeover of Activision Blizzard for $68.7 billion. The journey to this…
Spotify is gearing up for a major revamp of its royalty system in 2024, with a triple-pronged strategy aimed at delivering more equitable payouts to struggling artists. This ambitious endeavor seeks to obliterate royalty leakage and usher in a new era of financial fairness within the music industry. Stream Thresholds Set to Shake Things Up The first and arguably most…
Meta has launched Threads, a direct competitor to platforms like Twitter/X. To propel Threads into the spotlight, Meta is leveraging its wide-reaching Facebook network, cross-posting Threads content directly into users' Facebook feeds, in an effort to boost engagement and compete with rival platforms. This promotional tactic is a familiar one for Meta, known for integrating new features across its platforms.…
Google has announced plans to assemble its Pixel series smartphones in India. Rick Osterloh, Google's senior vice president of devices and services, revealed that the new Pixel 8 and Pixel 8 Pro devices would be produced in India, hitting the market as early as next year. At the company's annual event in India, Osterloh emphasized Google's commitment to India, stating,…
Netflix has raised its subscription prices, aiming to counterbalance the challenge posed by rampant password sharing. In the third quarter alone, the streaming giant welcomed a remarkable 9 million new subscribers, totaling 247 million users by the quarter's end, marking an 11% increase from the previous year. To tackle the impact of password sharing, basic subscribers in the U.S. will…
In a seismic shift, tech behemoths Apple, Microsoft, Alphabet, Amazon, and NVIDIA have collectively gained a staggering $2.4 trillion in market capitalization this year, propelled by the surge in artificial intelligence (AI) technologies, reveals a comprehensive report from venture capital firm Accel, titled Euroscape 2023. This astronomical increase, averaging 36% across the quintet, marks 2023 as the "Year of Artificial…
In a transformative move, Google has unveiled its AI-powered image generator, reshaping the way users interact with the search engine. Exclusively available to U.S. users aged 18 and above, this innovative tool allows seamless image generation directly within Google's search interface. To access this feature, users can connect to Google Labs and the Search Generative Experience (SGE). Gone are the…
In the ever-shifting landscape of tech updates, Apple’s recent iOS 17 release came with both anticipation and trepidation. However, the adoption rates tell a nuanced story. Despite being available for all smartphones since September 18, only 26.2% of compatible iPhone users have made the leap to iOS 17, a number that includes the iPhone 15 lineup where the operating system…
In the dynamic landscape of operating systems, Windows 10 continues to reign supreme, capturing a staggering 71.64% of the global Windows-based operating system market, according to StatCounter. In stark contrast, its successor, Windows 11, lags behind with a modest 23.61% market share. This comprehensive analysis encompasses the entire spectrum of Microsoft Windows operating systems, spanning from the stalwart Windows 7,…
In a much-anticipated reveal, Google has introduced its latest flagship smartphones, the Pixel 8 and Pixel 8 Pro. These cutting-edge devices not only boast an elegant design but also pack an impressive array of features, signaling a significant leap in the world of mobile technology. At the heart of these devices lies the Tensor G3 single-chip platform, a marvel in…
