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iPhone 12 drives Apple smartphone sales to new levels
New Delhi, April 29 : Strong demand for the iPhone 12 series has helped Apple log March quarter record for iPhones at $47.9 billion, growing 66 per cent year-over-year.
The iPhone performance was consistently strong across the world as…
LG delivers record Q1 earnings on robust home appliance biz
Seoul, April 29 : LG Electronics on Thursday reported its best-ever quarterly earnings in the first quarter on the back of robust home appliance sales.
The South Korean tech giant said it logged a net profit of 1.17 trillion won ($1.05…
Facebook Marketplace crosses 1 bn users mark
San Francisco, April 29 : Facebook Marketplace has now more than 1 billion users, the company's CEO Mark Zuckerberg said in an update during the company's latest earnings call.
Zuckerberg said that there are now more than 1 million monthly…
Zomato files for Rs 8,250 cr IPO as orders surge in pandemic
New Delhi, April 28 : Online food delivery platform Zomato has filed for an initial public offering (IPO) with the Securities Exchange Board of India (SEBI), as the food delivery platform intends to raise Rs 8,250 crore (roughly $1.1…
US sanctions hit Huawei, sales drop 16.5% after selling Honor biz
Shenzhen, April 28 : Hit hard by various US sanctions, Chinese conglomerate Huawei on Wednesday reported 16.5 per cent decline in sales for the first quarter of 2021, due in part to selling the Honor smart device brand in November 2020.…
SBI board to mull raising $2 bn via bonds in FY22
Mumbai, April 27 : The State Bank of India (SBI) on Tuesday said that the Executive Committee of its Central Board will consider raising $2 billion through bonds in the financial year 2021-22.
The committee will meet on Wednesday, April…
Tesla logs $10.4B in sales in Q1 2021, makes $101M in Bitcoin
San Francisco, April 27 : Before it starts India operations this year, Tesla has reported $10.3 billion in sales and net income of $438 million in the first quarter of 2021, a growth of 74 per cent from a the year-ago period, along with…
Toyota acquires Lyft’s autonomous car division for $550M
San Francisco, April 27 : Toyota is acquiring the autonomous car division of ride-hailing platform and Uber rival Lyft for $550 million, as the self-driving car industry begins to grow.
Woven Planet Holdings, a subsidiary of Toyota, will…
OPPO, Vivo donate to help fight India’s O2 shortage
New Delhi, April 27 : Smartphone makers OPPO and Vivo have pledged their support in the ongoing oxygen shortage faced in the country.
Vivo India announced a donation of Rs 2 crore to address oxygen shortage in the country.
"We are all in…
Xiaomi leads India smartphone market in Q1, Covid to hit Q2
New Delhi, April 26 : Xiaomi once again led the India smartphone market with 26 per cent market share in Q1 2021, as total shipments grew 23 per cent (on-year) to reach over 38 million units in the January-March period, a new report said on…