Disney begins layoffs
Disney plans to reduce its workforce by 7,000 jobs as part of a larger reorganisation that will see the company cut $5.5
Indian IT spending to slow down in 2023
The IT spending by Indian enterprises and service providers is projected to grow 7.8 per cent in 2023, slower than in 2022…reports
Google’s 30% tax on apps irks Indian gaming industry
Mandatory in-app purchases force consumers to pay only through their payment systems, which involves a commission fee of up to 30 per
Samsung Galaxy S24 may use EV tech to boost its battery
Audi’s Q8 e-tron used similar tech to fit a 114kWh battery inside, the report said…reports Asian Lite News Samsung will reportedly use
India tops refurbished smartphone market
5G is growing in the secondary markets and it now makes up 13 per cent of global refurbished sales…reports Asian Lite News
‘Indian schools must embrace coding’
Apple CEO Tim Cook said that everyone should learn programming before they graduate from high school…writes Nishant Arora Coding is the only
Musk’s wealth nosedives $12.6 bn
Tesla’s operating income decreased 24 per cent to $2.7 billion in Q1 2023 as the Elon Musk-run EV maker continues to cut
Inflation moderating in Asia: Morgan Stanley
The global investment banking firm said Asia’s inflation has already peaked in September 2022 and is on the disinflation path….reports Asian
S.Korean carmakers’ market share falls in 2022
Last year’s drop was led by sinking sales in China and Russia amid escalating geopolitical risks…reports Asian Lite News South Korean carmakers’
Tough time for Samsung
Samsung Electronics could suffer an operating loss of as much as 1.28 trillion won ($961 million)…reports Asian Lite News Seoul, April 23