The North American smartphone market has witnessed a small 4 percent increase in shipments in the first quarter of 2022, as per a report by market research firm Canalys. Apple became the primary driver in this case, which grew 19 percent to achieve a 51 percent market share in Q1 2022, while Samsung secured the […]
18
May
May
Dogecoin co-founder Billy Markus has labelled 95 percent of cryptocurrency projects “scams and garbage” in a tweet urging his followers to change the general opinion people have about the crypto industry. Markus’ tweet states that cryptocurrencies have earned quite a bad reputation since their inception, with many people, especially traditional financial players, using derogatory terms […]
18
May
May
Netflix on Tuesday said it laid off about two percent of its staff in a belt-tightening move after growth slowed at the once-booming streaming television service. “These changes are primarily driven by business needs rather than individual performance, which makes them especially tough, as none of us want to say goodbye to such great colleagues,” […]
17
May
May
Wearables market in India that consists of smartwatches, earbuds, and wristbands grew by 20.1 percent year-on-year (YoY) in the first quarter of 2022, according to a report by IDC. While watches continued to be the fastest-growing category in the quarter between January to March, by shipping 3.7 million units with a growth of 173 percent, wrist […]
17
May
May
The tablet market in India grew 68 percent year-on-year in the first quarter ended March 2022, with Lenovo leading the chart, a Cybermedia Research report released on Monday said. According to the report, tablet shipments are likely to register a healthy 10-12 percent growth in 2022. The 4G tablets recorded 74 percent year-on-year growth during […]
16
May
May
Illicit cryptocurrency transactions in the decentralised finance (DeFi) sector have been rising rapidly over the last two years, according to Chainalysis’ recently published Web 3 Safety and Compliance report. Data gathered by the blockchain analytics firm shows that in 2022 so far, criminals have stolen $1.7 billion (roughly Rs. 13,210 crore) in digital assets, with […]
13
May
May
Samsung Electronics is in talks with clients about hiking prices for chip contract manufacturing by up to 20 percent this year, Bloomberg reported on Friday. The move, expected to be applied from the second half of this year, is part of an industry-wide push to raise prices to cover rising materials and logistics costs, Bloomberg […]
11
May
May
AMC Theatres, the biggest movie hall chain in the US, has testified to have witnessed popularity of cryptocurrencies as a payment alternative on its platform. As per Adam Aron, the CEO of AMC Theatres, crypto transactions made for 35 percent of the total online payments for the company. This data is for the first three […]
11
May
May
Coinbase crypto exchange has reported a 44 percent fall in its overall trading volume in the first quarter of 2022. In an earnings call, Coinbase chief Brian Armstrong said the company’s trading volume was $309 billion (roughly Rs. 23,86,484 crore) between January and March this year. The figure is significantly lesser than the trading volume […]
11
May
May
Bitcoin and the wider crypto market has been suffering through a really rough patch over the past few days with BTC dropping below the $30,000 (roughly Rs. 23 lakh) mark on Monday. However, a minor uptick through Tuesday saw the largest cryptocurrency by market capitalisation climb back to around the $31,000 (roughly Rs. 24 lakh) […]