Poco M5 Spotted on Multiple Certification Websites, Expected to Launch in India Soon: Report

Poco M5 series is expected to feature two smartphones. Poco M5 series is reportedly going to launch in India soon as one of the smartphone in the series has been spotted on multiple certifications websites. The smartphone has been spotted on the IMEI, US Federal Communications Commission (FCC), and Bureau of Indian Standard (BIS) database. The IMEI listing of the...

Electric, Hybrid Cars to Face Long Waiting Periods as Carmakers Deal With Chip Shortage

Honda petrol variants have two months of waiting, while City Hybrid has a waiting of 9 months for new bookings. Leading carmakers are grappling with a huge backlog of around 6.5 lakh units, with chip shortages continuing to crimp their manufacturing activities and leading to long waiting periods for customers. The country’s largest carmaker Maruti Suzuki alone has a backlog...

Samsung to Launch 3nm Chipsets on July 25, Ahead of TSMC: Report

Samsung will reportedly ship the first batch of 3nm chips to a Chinese cryptocurrency miner. Samsung in June last week started the mass production of chips with advanced 3-nanometer (nm) technology based on the Gate-All-Around (GAA) transistor architecture. Now, new reports suggest that Samsung SoCs manufactured on the 3nm fabrication process will be launched on July 25. If the reports...

South Korea Delays Levying 20 Percent Crypto Tax By Three Years

Seoul has decided that taxation on income from virtual assets will be delayed till 2025. The government of South Korea is seemingly taking a calculative approach towards the crypto industry, ensuring not to pressurise it in its current nascent stage. The Asian nation has decided to delay the imposition of a 20 percent tax on crypto earnings till 2025, unlike...

Vauld Applies for Protection Against Creditors After Pausing Withdrawals

Due to the volatile market conditions, deposits, withdrawals, and trading were halted by Vauld on July 4. Singapore-based cryptocurrency lender Vauld has filed for protection against creditors in a bid to allow the troubled company more time to restructure its business after collapsing asset prices impacted its operations earlier this month. Vauld filed an application in Singapore on July 8...

Social Media Firms Brace for Slow Global Revenue Growth Amid Competition From Apple, TikTok

After a blowout in 2021, firms like Meta and Snap have warned that the tide is turning amid inflation and reduced ad spending by brands. Wall Street is bracing for the slowest global revenue growth in the history of the social media sector, as intensifying competition from TikTok and Apple in advertising threatens to compound economic troubles in the second...

Instagram Most Popular News Source Among Teens in UK, Reveals Ofcom Report

Instagram was used as a news source by nearly three in 10 teenagers, with TikTok and YouTube sharing 28 percent each. Instagram is now the most popular news source among UK teenagers, followed by TikTok and YouTube, according to a report published by media watchdog Ofcom on Thursday. According to a study, Nearly three in 10 teenagers used Instagram as their news source...

Australia Enables Auto Take-Down of Scam Crypto Sites, UK’s Netcraft to Give Countermeasure Service

Australians lost over $81.5 million (roughly Rs. 650 crore) to crypto scams between the months of January and May. The Australian Competition and Consumer Commission (ACCC) is undertaking a new trial that aims to take down scam websites targeting the crypto community there. Netcraft, a UK-based internet services company has been roped in by the ACCC to provide the countermeasures...

Redmi K60 Series Tipped to Debut With 2K Screen, 50-Megapixel Primary Sensor

Redmi K50 Pro and Redmi K50 were launched in March. Redmi K50 series powered by top-end MediaTek Dimensity SoCs was launched in China in March this year. Now, a possible successor, the Redmi K60 series, is said to be in the works as the next offering from the Chinese smartphone company. The Redmi K60 models are expected to come with...

Wearable Activity Trackers Motivate People to Exercise More, Lose Weight, Study Says

Wearers were encouraged to walk up to 40 minutes more each day (approximately 1800 more steps), resulting in an average 1kg weight loss over five months. Millions of people worldwide believe that fitness trackers, pedometers, and smart watches motivate them to exercise more and lose weight, according to a new study by Australian researchers. The findings of the research were...