Tech

Apple has reportedly reached a settlement in the class action lawsuit filed by iPhone owners over the Cupertino-based tech giant's claims on the capabilities of its “Apple Intelligence” suite of tools, according to a report citing a court filing. The tech giant could reportedly pay $250 million (about Rs. 2,367 crore) in total in compensation to a select group of ...

Coinbase, the US-based cryptocurrency exchange, is laying off 14 percent of its global workforce, or roughly 700 employees. The company CEO, Brian Armstrong, announced the decision publicly on Tuesday, citing market volatility and artificial intelligence (AI) acceleration as the main reasons. This is the second layoff from the company, after it cut 18 percent of the j...

The milestone came as Samsung’s shares rallied 14 percent on Wednesday, making it only the second Asian firm after Taiwan Semiconductor Manufacturing Co. to hit the mark. Samsung’s gain also boosted the Kospi benchmark by more than 6 percent, driving it above the 7,000 level for the first time.

Xiaomi has expanded its battery upgrade programme for select older smartphones in China. Instead of limiting larger batteries to newer smartphones, the company is now offering existing users a way to extend the lifespan of their phones with upgraded battery packs. Consequently, Xiaomi 13, Xiaomi 13 Pro, and Xiaomi 13 Ultra users are eligible for higher-capacity batter...

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