Strong Demand Drives Nokia’s Expectation of Increased Sales in 2023
Nokia, a leading provider of telecommunications equipment, is expecting to see an increase in sales for 2023 due to the deployment of 5G technology in regions such as India. The deployment of 5G networks is expected to drive demand for a wide range of equipment, including base stations, core network infrastructure, and mobile devices. As…
Samsung Galaxy S23 Series to be officially unveiled on February 23rd
The Samsung Galaxy S23 series is set to be officially unveiled at the upcoming Galaxy Unpacked event on February 2nd. As the launch date approaches, more details about the new device have been leaked. One of the most significant updates to the Galaxy S23 series is the inclusion of the Qualcomm Snapdragon 8 Gen 2…
Alphabet to Lay off 12,000 Employees Amid Accelerated Tech Industry Cutbacks
Alphabet, the parent company of Google, has announced that it will lay off 12,000 employees in a memo to staff. This move comes as the latest indication of accelerated layoffs in the US tech industry. In a similar move, Microsoft, a competitor of Google, announced on January 18th that it will lay off 10,000 employees…
Uber partners with car manufacturers for low-cost electric vehicles for ride-hailing and delivery
Uber is reportedly working with car manufacturers to design cost-effective electric vehicles for its ride-hailing and delivery services. This is part of the company’s effort to electrify its fleet. Uber CEO Dara Khosrowshahi announced at an event that the company is collaborating with manufacturers to develop vehicles that are optimized for urban use, transporting passengers…
Innovative waterdrop hinge design showcased in Samsung’s latest foldable prototype
Samsung Display, a subsidiary of Samsung Electronics, showcased a new prototype display and hinge at CES 2023. The “Flex In & Out” display is capable of rotating 360 degrees, allowing it to support both inward and outward folding. The display also features a new hinge design called “waterdrop hinge,” which is said to produce less…
Google’s Pixel Fold to Enter Mass Production in Q3 2023
Google’s highly-anticipated foldable phone, the Pixel Fold, will not be released in the first half of this year, according to recent reports from The Elec. Instead, the device is expected to be available in the 4th quarter of 2023. The Pixel Fold will feature a 7.57 inch foldable inner screen and a 5.78 inch outer…
Netflix to expand crackdown on password sharing in Q1 2023
Netflix has announced plans to expand its efforts to curb account sharing by introducing paid account sharing in the first quarter of 2023. According to the company, widespread account sharing has weakened its ability to invest in and improve the service. In a statement, Netflix said, “Widespread account sharing (exceeding 100 million households) has weakened…
Electric Vehicle Sales in the US to Surpass 800,000 Units in 2022
According to recent data from Kelley Blue Book, electric vehicle (EV) sales in the United States are expected to surpass 800,000 units in 2022, marking a 65% increase from the previous year. Despite a decline in overall new car sales for the first time since 2011, EV sales continue to experience strong growth. This trend…
FF Global subsidiary signs amended Shareholder Agreement with super voting rights
FF Global, a company made up of FF founding shareholders and former and current core executives, announced today that its wholly-owned subsidiary, FF Top LLC (FF Top), has signed an amended and restated Shareholder Agreement (the “Agreement”) with the company. According to the announcement, the newly signed Agreement will require the company to submit binding…
Apple Analyst Predicts Similar Design for Mac mini 2024
According to reports from foreign media, on the same day that Apple released the 2023 Mac mini, Apple analyst Ming-Chi Kuo stated that the next generation Mac mini to be released in 2024 may adopt a similar exterior design. On Tuesday, Apple released the 2023 Mac mini, which has the same design as the previous…