News

[Source - trustedreviews] Current Status of the Sonos App Sonos abandons plan to re-release old app, S2, following extensive testing and evaluation. In a recent Reddit AMA, Sonos CEO Patrick Spence addressed the ongoing issues with the company's updated app, revealing that the old version would not solve the problems customers are experiencin…

[Source - notebookcheck] A Bold New Rival: Honor’s Marketing Strategy Honor is set to make waves in the foldable smartphone market with its upcoming Honor Magic V3, poised for a significant global launch on September 5. This announcement follows the device’s recent debut in China, and the company is preparing for a high-profile introduction a…

[Source - newsbytesapp] Substantial Cuts in Tariffs for Tesla and Other EV Manufacturers: The European Union has announced a significant reduction in tariffs on Chinese Tesla EVs, cutting the planned duty from 20.8% to 9%. This decision, which also impacts other Chinese EV manufacturers, marks a shift in the EU's approach to trade measures ag…

[Source - CNBC] Shein Accuses Temu of Intellectual Property Theft and Fraudulent Practices In a dramatic escalation within the fast-fashion industry, Shein takes legal action against Temu, alleging serious violations of copyright and intellectual property laws. The complaint, lodged on Monday in a federal court in Washington, D.C., accuses Te…

[Source-ft] FTC’s Ban on Noncompete Agreements Halted On Tuesday, a federal judge issued a ruling blocking the Federal Trade Commission's (FTC) nationwide ban on noncompete agreements from taking effect in September. This decision halts a major regulatory shift that aimed to restrict agreements preventing employees from moving to competitors …

(Source - Asiafinancial) Sale Details and Market Impact:  Walmart Inc. has finalized the sale of its stake in Chinese e-commerce giant JD.com Inc., raising approximately $3.6 billion. The US retailer sold 144.5 million shares at $24.95 each, reflecting an 11% discount from the previous day’s closing price. The sale, which occurred at the lowe…

[Source- beebom.com] Krafton's Acquisition and Strategic Plans Krafton, the South Korean video game company known for blockbuster hits such as PUBG: Battlegrounds and The Callisto Protocol, has recently acquired Tango Gameworks, the renowned studio behind The Evil Within series and the popular rhythm-action game Hi-Fi Rush. This acquisition c…

[Source-tech.hindustantimes.com] Upcoming Keynote and Launch Dates: According to a recent report, Apple is poised to unveil its highly anticipated iPhone 16 series—comprising the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max—within the next month. Industry analysts and AI predictions suggest that the keynote event will likel…

[Source-www.zdnet.com] Next week, Google is set to unveil the highly anticipated Google Pixel 9 Pro, a centerpiece of the new Pixel 9 family of smartphones, at its Made By Google event. This annual showcase provides Google with the platform to redefine the smartphone experience. The previous Pixel 8 series introduced significant advancements inc…

[Source-www.wired.com] Tributes Pour in for Silicon Valley Icon Susan Wojcicki, the former CEO of YouTube and a pivotal figure in Silicon Valley, has passed away at the age of 56. Susan Wojcicki's death was confirmed through heartfelt posts by her husband, Dennis Troper, and Google CEO Sundar Pichai. Troper shared the news on Facebook, reveal…