European Smartphone Market Shrinks by 11%: Apple Outpaces Xiaomi, Only Honor Records Growth
The European smartphone market faced an 11% decline in the third quarter of 2023, marking the lowest sales volume for this period since 2011. Realme took the hardest hit, while Apple managed a modest dip, surpassing Xiaomi. Notably, only Honor, the former Huawei subsidiary,...
Samsung-Owned Harman Enhances Audio Arsenal with Roon Acquisition
Samsung-owned Harman has officially acquired the Roon audio platform. Roon, renowned for its multi-device music playback across different brands and rooms, will now operate under the umbrella of Harman’s extensive audio portfolio, which includes brands like AKG, dbx,...
Twitter faces loss of $75 million in ad revenue as brands suspend campaigns amid controversy
Internal documents obtained by The New York Times reveal that Twitter is set to lose a staggering $75 million in advertising revenue by the end of the year due to the suspension of over 200 ad campaigns. Major brands such as Airbnb, Amazon, Coca-Cola, and Microsoft are among...
Apple to Revolutionize Cross-Platform Messaging with RCS Integration in 2024
Apple has officially declared its adoption of the Rich Communication Services (RCS) messaging standard, set to roll out through a software update in the coming year. This significant development aims to simplify communication between iPhone and Android users, aligning Apple...
Shares of iRobot plunged 17%
In a significant blow to iRobot, renowned for its Roomba vacuum cleaner, shares plummeted by 17% following a stern warning from the European Union’s antitrust regulator. The cautionary note revolves around Amazon’s proposed $1.7 billion acquisition of iRobot, with...