Nokia Phone Licensee HMD Raises $100 Million to Drive Growth Push

HMD Global, the Finnish company that owns the right to use the Nokia brand on phones, has raised $100 million (roughly Rs. 681 crores) of funding intended to boost growth, it said on Monday. Having sold about 70 million Nokia phones and generated sales of EUR 1.8 billion ($2.1 billion) in its first year, 2017, HMD said it […]

After heavy losses, banks focus on being capital-light, reorient business models to push growth

  The rise in bad loans and subdued corporate demand is driving banks to explore new business models, cross-sell products with more retail-oriented segments for growth. They are stepping up credit monitoring standards to lend to good quality customers. Lenders including IDBI Bank, Canara Bank, Bank of India, Union Bank of India and Federal Bank are looking at more asset or capital-light […]

Netflix HDR Support Comes to Huawei Mate 10 Pro, Huawei P20, and Sony Xperia XZ2

Netflix has added support for HDR (high-dynamic range) video support to an additional three Android devices, expanding its portfolio of smartphones that support a better video quality experience. The Huawei Mate 10 Pro, Huawei P20, and the Sony Xperia XZ2 have been added to the list that now let you stream Netflix in HDR mode. With these additions, a total […]

Facebook Bids to Keep Data Privacy Case From EU’s Top Court

Facebook bid on Monday to block referral of a landmark privacy case to Europe’s top court by requesting a last-ditch appeal, seeking to avoid a potential ban on the legal instrument it uses to transfer users’ data to the United States. The case, taken in Ireland by privacy activist Max Schrems, is the latest to question […]

iPhone 2018 Models Unlikely to Bundle Lightning to 3.5mm Headphone Jack Adapters: Report

Apple had first removed the 3.5mm jack – in a “courageous” move – with the iPhone 7 and iPhone 7 Pluslaunch back in 2016. In an interesting set of revelations by Barclays analyst Blayne Curtis and his associates, Apple now appears unlikely to bundle the Lightning to 3.5mm headphone jack adapter with the 2018 iPhone lineup set to launch later this […]

Meizu Partners Google to Announce Android Go Smartphone Launch

Meizu recently launched its new range of smartphones, Meizu 15, Meizu 15 Plus, and Meizu 15 Lite, with 16:9 displays, in China. All these smartphones run Flyme OS 7, a custom Android ROM with heavy customisations and several proprietary apps and features. However, the company is now announcing a partnership with Google to launch Meizu’s first Android Go-based smartphone. Powered by ExploreadsGlobal Marketing chief at […]

Xiaomi Promises to Cap Hardware Income Margin at 5 Percent Ahead of IPO

Chinese smartphone and smart device maker Xiaomiwill cap income from its hardware business at 5 percent of total profits starting in 2018, as it looks to position itself as an Internet services provider ahead of a highly-anticipated IPO. Xiaomi – which makes dozens of Internet-connected products including scooters, water purifiers and televisions – said in a […]

Netflix, Amazon Prime Video May Be Forced to Fund European Content Under New EU Rules

Online streaming services including Netflix and Amazon Prime Video could be required by countries to help fund European films and TV shows under a preliminary deal struck by EU lawmakers and member states on Thursday. The new law extends the European Union’s broadcasting rules to online video services and includes a quota of at least 30 percent for European […]

OnePlus 6 Lab Community Review Programme Announced: A Way to Get Early Access to the New Flagship

OnePlus on Friday announced the OnePlus 6 iteration of its community review programme called The Lab, ahead of the smartphone’s launch. The Chinese manufacturer has invited interested buyers to sign up for the programme, which will allow them to use the latest flagship smartphone before its release and write a detailed community review of OnePlus 6. Interested users can submit their […]