Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday.
The layoffs impacted 1,02,943 workers, a more than two-fold jump from December and an over five-times surge from a year earlier, according to the report from employment firm Challenger, Gray & Christmas.
Companies from Microsoft to Amazon.com and Goldman Sachs Group cut thousands of jobs last month in a bid to ride out a demand downturn as consumer and corporate spending shrinks due to high inflation and rising interest rates.
"We're now on the other side of the hiring frenzy of the pandemic years," said Andrew Challenger, labor expert and Senior Vice President of the employment firm. "Companies are preparing for an economic slowdown, cutting workforce and slowing hiring."
The push to correct pandemic excesses has been most evident in the tech sector, which slashed 41,829 jobs last month, the highest across industries.
Retailers, second after tech, cut 13,000 positions in January, compared with virtually no layoffs a year earlier. Financial firms, meanwhile, shed 10,603 jobs last month, up from 696 roles a year earlier.
With the Federal Reserve expected to continue on its rate-hiking path to stamp down inflation that is still on the higher side after several rounds of rate increases, analysts said more layoffs could be in store for US companies.
"For companies that ramped up headcount over the past few years, they will likely shrink their workforce as the economy is headed towards a rough patch," OANDA analyst Edward Moya said.
The iQoo 11 is currently the most powerful Android phone you can buy in India. Should you buy it right away? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
In a new tweet from Twitter's developers' account, the company announced that it's closing its free API access starting February 9 - a week from now. A new paid basic tier will be available soon. Twitter is bleeding money each year and Elon Musk and his team are scrambling to save the social network from bankruptcy. This, in turn, means that some features on the platform will require a subscription in order to increase the revenue stream. The latest feature to take the hit is the free API access for developers. From February 9 onward, developers and companies that rely on Twitter's...
from GSMArena.com - Latest articles https://ift.tt/JvGTaxW
More than 340 mobile phones have been found in different jails in Delhi in the last two-and-a-half months, official data showed on Thursday.
Director General (Prisons) Sanjay Baniwal told reporters that the jail authorities found 348 mobile phones in two-and-a-half months.
"On Wednesday, the jail authorities conducted a raid in jail number 3 and seized 18 mobile phones and chargers. In the last over two months, the jail authorities have seized 348 mobile phones.
"The jail superintendents have started conducting raids after developing intelligence inside the prisons. Through these actions, the criminal world is now getting a strong message," Baniwal said.
"We have set 23 targets for 2023. These targets will include making the jails completely phone free and setting up problem redressal system for the inmates. Such type of jammer should be installed so that no one would able to use phone inside the prisons," the DG said.
When asked about the fact that involvement of insiders helps the inmates get mobile phones inside the prisons, he said, "We admit the involvement of the prison staff in such acts. We have in the past taken stringent action against those found guilty and it will be carried out in future as well." Baniwal also said that a Memorandum of Understanding (MoU) is also being singed with the Art of Living Foundation to strengthen the mental well-being of the inmates.
The President and the Lieutenant Governor of Delhi have given instructions that arrangements should be developed inside the jails to give skill development training to the inmates so that they may get employment when they go out of the prisons, he said.
Under Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM), a total of 1,020 jail inmates are getting trained in tourism and hospitality which will end in three months, the DG said.
"We will give skill training to around 1,000 inmates in stitching high-end clothes under Pradhan Mantri Kaushal Vikas Yojana so that if they get out of the jail and become entrepreneur, they would start their business of tailoring through Micro Units Development & Refinance Agency (Mudra) loan," the DG (Prisons) said.
The iQoo 11 is currently the most powerful Android phone you can buy in India. Should you buy it right away? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Samsung's Galaxy S series of devices have been an easy recommendation over the years for anyone looking for a no holds barred, premium Android smartphone experience. While the Ultra model now comes with an S Pen stylus (replacing the Galaxy Note) and the best possible camera hardware in the series, it is also priced a lot higher from the standard models, making the regular S series the go-to for someone looking to get a flagship Samsung smartphone.
With the new Samsung Galaxy S23 and the Samsung Galaxy S23+, the upgrades appear quite minor compared to their respective predecessors. The differences are battery related, tweaks to the design, and a newer processor. Let's take a closer look at what's new.
The Samsung Galaxy S23 and Galaxy S23+ appear almost identical to their older counterparts when viewed from the front. It's only from the back, where buyers will notice a few changes. The shiny Armour Aluminium frame is as flat as the one on their predecessors, but the iconic contour-cut camera housing has changed.
The Samsung Galaxy S23 (top) and Galaxy S23+ (bottom) have rear panels made from Corning's Gorilla Glass Victus 2
Samsung has replaced that with a newer floating camera design which has individual cutouts for each camera. While it feels more in line with last year's Galaxy S22 Ultra, the rings around each camera lens have now received a shiny chrome finish, making them stand out. Samsung has also upgraded the quality of glass.
Both, the front and rear glass on the Galaxy S23 and Galaxy S23+ are made from Corning's Gorilla Glass Victus 2, which according to the brand should be more resistant to shattering when dropped compared to previous models. The phones offer an IP68 rating for dust and water resistance and will be available in Phantom Black, Cream, Green, and Lavender finishes.
The 6.1-inch and 6.6-inch full-HD+ Super AMOLED displays on the Samsung Galaxy S23 and Galaxy S23+ respectively, offer a maximum refresh rate of 120Hz and up to a 240Hz touch sampling rate (in Game Mode). The displays on both phones appear very similar to last year's models and come with no noticeable upgrades.
Both, the Samsung Galaxy S23 (right) and Galaxy S23+ (left) feature flat Super AMOLED displays
Thankfully, the Samsung Galaxy S23 and Galaxy S23+ get the same custom SoC like on the more expensive Galaxy S23 Ultra model. Samsung calls it the “Qualcomm Snapdragon 8 Gen 2 platform for Galaxy” and it promises to offer a number of performance-related (CPU, GPU and NPU) enhancements over the standard version. The Galaxy S23 and Galaxy S23+ will come with 8GB of RAM and up to 512GB of storage.
The rear camera setup is quite similar to what's available on the previous model, with a 50-megapixel primary camera (with OIS), 10-megapixel telephoto camera with 3X optical zoom (with OIS), and a 12-megapixel ultra-wide-angle camera. Selfies are handled by a 12-megapixel front-facing camera which can now also record videos in HDR10+ and shoot RAW photos.
The Samsung Galaxy S23 (left) and Galaxy S23+ (middle) alongside the Galaxy S23 Ultra (right)
The Samsung Galaxy S23's battery capacity has grown from the previous 3,700mAh to 3,900mAh, but the charging speed is still limited to 25W for wired and 10W for wireless charging. The Samsung Galaxy S23+ also gets a bigger 4,700mAh battery (from the previous 4,500mAh) but it can now charge at 45W when plugged in. Wireless charging is still limited to 10W. Both smartphones are powered by One UI 5.1 which is based on Android 13.
Just like last year, Samsung has reserved the best hardware for its ‘Ultra' model and because of that, there's little that has changed with the new Galaxy S23 and the Galaxy S23+ models this year when it comes to features. Minor cosmetic changes aside, Samsung seems to be banking on the customised Qualcomm SoC to set its phones apart. Stay tuned for our detailed review to find out if these should be your next flagship.
The iQoo 11 is currently the most powerful Android phone you can buy in India. Should you buy it right away? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
The Samsung Galaxy S23 Ultra is finally official and it may be the least obvious upgrade in the history of Samsung flagship phones. That's to say that it looks almost identical to the Galaxy S22 Ultra but it actually isn't. The most obvious difference is the color - the Galaxy S23 Ultra ships in three new colors - Green, Lavender, and Cream join the Phantom Black of old. So what's new? Inside the Galaxy S23 Ultra ticks a custom-tuned Snapdragon 8 Gen 2 Mobile Platform for Galaxy. Samsung went with Qualcomm's latest SoC for its entire Galaxy S23 lineup and you won't get an...
from GSMArena.com - Latest articles https://ift.tt/k0wWMNy
State-run BSNL will use about Rs. 53,000 crore in upgrading its network to 4G and 5G this year as well as revamping landline network across the country, Union Minister for IT and Telecom Ashwini Vaishnaw said on Wednesday.
The Government has announced a capital infusion of Rs. 52,937 crore in BSNL during the next fiscal year starting April 1, 2023.
While speaking on Budget 2023-24, the minister said BSNL's capital infusion is part of the Rs. 1.64 lakh crore revival package announced last year and most of the balance sheet items of BSNL have already been addressed.
"BSNL has raised new debt using the sovereign guarantees which were announced in the package. Now, the physical installation of new towers, upgradation from 2G, 3G to 4G and 5G and a major revamp in the landline systems of the MTNL and BSNL network will be taken up in this year using the capital allocation of Rs. 53,000 crore which has been made for BSNL," Vaishnaw said.
The government has allocated Rs. 1.23 lakh crore for postal and telecom projects. Total allocation includes Rs. 97,579.05 crore for the Department of Telecom and Rs. 25,814 crore for Postal projects.
The government has allocated Rs. 2,158 crore for Optical Fibre Cable based network for Defence Services and Rs. 715.8 crore for telecom projects in the North Eastern states.
Finance Minister Nirmala Sitharaman in her speech announced setting up of 100 labs for developing applications using 5G services in engineering institutions.
In the receipt budget for 2023-24, the government has raised non-tax revenue collection estimates from the telecom sector by 30 percent to Rs. 89,469.17 crore.
"Revenue realisation in telecom is consistent. Telecom today is a sunrise industry and this is reflected in the higher revenue realisation which has been budgeted," the minister said.
The government has revised the revenue estimate to Rs. 68,784 crore for the current fiscal from the earlier projection of Rs. 52,806 crore in the previous budget.
The actual revenue of the government in 2021-22 was Rs. 85,828 crore.
The non-tax revenue from the communication sector mainly relates to licencing fees from telecom operators and receipts on account of spectrum usage charges The Rs. 25,814 crore allocated to the Department of Posts includes a Rs. 250 crore capital infusion in the India Post Payments Bank.
The iQoo 11 is currently the most powerful Android phone you can buy in India. Should you buy it right away? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
Apple is expected to debut the iPhone 15 series later this year, succeeding its iPhone 14 lineup that debuted last September. While the company hasn't announced any details regarding the purported handsets, the top-of-the-line iPhone 15 Pro Max/ Ultra variant is tipped to feature a periscope camera with up to 10x optical zoom. Analyst Ming-Chi Kuo believes this trend will continue in 2024 when the Cupertino company is expected to unveil the iPhone 16 series lineup. Kuo claims that the Cupertino company could be taking this step to drive up sales of the top-of-the-line model. Recent reports had suggested that Apple might equip two of its top models in its future iPhone lineups with a periscope lens.
Kuo mentioned in a series of tweets that only a single iPhone 16 series model will be equipped with a periscope lens. This model is expected to be the iPhone 16 Pro Max/ Ultra. Apple could be looking to drive up the demand for the high-end model. The Cupertino company is expected to utilise the same strategy with the iPhone lineup that is likely to arrive later this year.
(5/5)
But my latest survey indicates only one/highest-end new iPhone 16 model in 2H24 will have the periscope camera, not the two models the market expected. Therefore, the contribution of the periscope camera to the demand for lens upgrades may be lower than the market consensus
It was previously predicted that both iPhone 16 Pro models might feature a pericope camera. However, Kuo believes that the demand for a lens upgrade might be lower than previous predictions. Therefore, it might be detrimental for Apple to offer a periscope camera on more than one model.
The release of the iPhone 16 series might be a couple of years away, but there have been plenty of rumours surrounding the iPhone 15 lineup. The iPhone 15 and iPhone 15 Plus could carry a 48-megapixel ultra-wide sensor, as per a recent report. It is also believed that the Pro models might come with Wi-Fi 6E wireless connectivity.
In the past, it has been reported that the iPhone 15 Pro and iPhone 15 Pro Max/ Ultra might boast an 8P lens on the primary camera. Furthermore, it is believed that its periscope camera may offer up to 10x optical zoom.
The Infinix Zero Ultra has a decent set of specifications on paper, but does the phone justify its high asking price? We discuss this and more on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
