Mallavarapu SaiKiran

France's antitrust watchdog said on Tuesday it had issued a statement of objection against Apple, citing concerns the US technology company could have breached regulations linked to the use of iPhone user data for advertising purposes. The watchdog is concerned Apple might "abuse its dominant position by implementing discriminatory, non-objective and non-transparent conditions for the use of user data for advertising purposes", it said in a statement. The statement triggers an antitrust procedure during which the company will be able to express its point of view, the watchdog said. Apple denied the allegation. The mechanism "gives users more control by requiring all apps to ask permission before tracking them", the company said in an e-mailed statement, adding it will "continue to engage constructively" with the French regulator. Four French online advertising industry groups filed an antitrust complaint in 2020 against Apple over changes the com...

Microsoft on Tuesday laid out an aggressive spending plan to meet demand for its new artificial intelligence services after surpassing Wall Street estimates for fiscal fourth-quarter revenue and profit. Costs rose sharply as Microsoft built new data centers to support AI, and Chief Financial Officer Amy Hood said on a conference call with analysts the company's capital expenditures would continue rising each quarter throughout fiscal 2024. Shares fell about 4 percent in after-hours trade. Wall Street is looking at how generative AI services may benefit Microsoft, which secured an early lead with investments in OpenAI , owner of the popular ChatGPT service. Microsoft is weaving AI into its own products, such as the $30 (roughly Rs. 2,460)-a-month "Copilot" assistant for its Microsoft 365 service that can summarize a day's worth of emails into a quick update. It is also aiming to sell cloud computing services that other firms will use to build AI services. Micr...

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iQoo started teasing the arrival of iQoo Z7 Pro 5G in India earlier this week. The exact launch date is yet to be officially confirmed by the Vivo sub-brand, but a tipster now suggests that the latest Z series phone will go official in the country in the next two weeks. Expected price in India and specifications of the iQoo Z7 Pro have also been tipped. The handset could be powered by a MediaTek Dimensity 7200 SoC paired with up to 12GB of RAM and up to 256GB of inbuilt storage. The iQoo Z7 Pro 5G is said to feature an AMOLED display with 120Hz refresh rate and dual rear cameras. Tipster Paras Guglani (@passionategeekz) has  leaked the pricing and key specifications of the iQoo Z7 Pro 5G on Twitter. As per the tipster, the handset could be priced between Rs. 25,000 and Rs. 30,000 in India. It is said to go official in the next 10 to 15 days. In this price segment, the handset could compete with handsets including Motorola Edge 40 , Poco F5 5G , Google Pixel 6a , and Nothing Pho...

Apple on Tuesday found itself the target of a $1 billion (roughly Rs. 8,200 crore) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees. Apple's services business, which includes the App Store, has seen revenues grow at a rapid pace in the last few years and now hovers around $20 billion (roughly Rs. 1,63,400 crore) per quarter. However, the commissions of 15 percent to 30 percent that the company charges some app makers for the use of an in-app payment system have been criticised by app developers and targeted by antitrust regulators in several countries. Apple has previously said that 85 percent of developers on the App Store do not pay any commission and that it helps European developers to access markets and customers in 175 countries around the world through the App Store. The UK lawsuit at the Competition Appeal Tribunal is being brought by Sean Ennis, a professor at the Centre for Competition Policy at the University of...

Spotify Technology on Monday raised prices for its premium plans across several countries including the United States and United Kingdom, as the music-streaming company looks to boost profitability in an uncertain economy.  The move will result in a $1 (nearly Rs. 80) price increase for Spotify's US plans, with the premium single now starting at $10.99 (nearly Rs. 900), duo at $14.99 (nearly Rs. 1,230), family at $16.99 (nearly Rs. 1,390) and the student plan at $5.99 (nearly Rs. 490).  Spotify has moved in recent months to boost margins with hundreds of layoffs and a restructuring of the podcast unit, which it had built up with billions of dollars in investment. The price increases come at a time when streaming services, both audio and video, are under rising investor pressure to boost profitability after years of prioritizing user growth.  Rivals services from Apple and Amazon.com and Tidal have all increased prices this year, while YouTube also hiked prices last...

Alphabet 's Google violated a software developer's patent rights with its remote-streaming technology and must pay $338.7 million (nearly Rs. 2,770 crore) in damages, a federal jury in Waco, Texas decided on Friday. The jury found that Google's Chromecast and other devices infringe patents owned by Touchstream Technologies related to streaming videos from one screen to another, a court representative said on Monday. Google spokesperson Jose Castaneda said on Monday that the company will appeal the verdict and has "always developed technology independently and competed on the merits of our ideas." Attorneys for New York-based Touchstream did not immediately respond to a request for comment on Monday. Touchstream, which also does business as Shodogg, said in its 2021 lawsuit that founder David Strober invented technology in 2010 to "move" videos from a small device like a smartphone to a larger device like a television. According to the complaint, G...