5 mn new-model Galaxy handsets sold : Samsung
South Korea's Samsung Electronics, the world's second-largest mobile phone maker today said it had sold five million Galaxy S II smartphones worldwide since the device debuted in April.
By HT Correspondent | AFP, Seoul
UPDATED ON AUG 12, 2011 11:13 AM IST
South Korea's Samsung Electronics, the world's second-largest mobile phone maker, said on Wednesday it had sold five million Galaxy S II smartphones worldwide since the device debuted in April.
The new model, which is spearheading the company's smartphone push this year, was released locally on April 29, in some European countries in May and in Japan last month.
The handset went on sale in China this week and will hit the US market next month. "Since being launched into the retail market in late April, the Galaxy S II has seen tremendous growth," JK Shin, head of Samsung's mobile communications business, said in a statement.
Samsung said earlier this year that it plans to release the phone, based on Google's Android operating system, in 120 countries and wants to sell 10 million units globally.
Samsung is one of the world's biggest smartphone sellers, along with Nokia and Apple.
WhatsApp adds voice and video calling feature to desktop version
Posted by Harshit Sabarwal | Reuters
PUBLISHED ON MAR 04, 2021 06:12 PM IST
The move to facilitate calls over large screens would put WhatsApp on par with video-conferencing bigwigs Zoom and Google Meet, but it is not clear if it has ambitions to compete with the two in the enterprise space.
OPEC+ debates whether to raise or freeze oil output as price recovers
Reuters, Dubai/moscow
PUBLISHED ON MAR 04, 2021 05:54 PM IST
OPEC+ cut output by a record 9.7 million bpd last year as demand collapsed due to the pandemic.
Inflation rise expectation, long-term borrowing show US markets at risk
Bloomberg
PUBLISHED ON MAR 04, 2021 04:56 PM IST
In an appearance at a Wall Street Journal webinar later today, Powell is expected to say the central bank will be ultra-patient in pulling back its support for the economy after the pandemic has ended.
Employers may be barred from asking about candidates’ pay under new EU rules
Bloomberg
UPDATED ON MAR 04, 2021 04:54 PM IST
- “Previous pay has no bearing on skills and the abilities of the applicant for work and that’s why we believe this must not be revealed if the employee does not want to.” EU Equality Commissioner Helena Dalli said.
Apple faces UK antitrust investigation into App Store
Posted by Harshit Sabarwal | Bloomberg
UPDATED ON MAR 04, 2021 04:26 PM IST
The Competition and Markets Authority said it plans to investigate Apple’s potentially “dominant” position in the supply of apps on iPhones and iPads.
FDI rises 40 per cent to $51.47 billion in April-December 2020-21: Govt data
Posted by Harshit Sabarwal | PTI
PUBLISHED ON MAR 04, 2021 04:21 PM IST
India has attracted 22 per cent higher FDI inflow (including re-invested earnings) of USD 67.54 billion during the first nine months of the current fiscal as against USD 55.14 billion in the same period of 2019-20.
Haryana's new hiring rule spells 'investment disaster', industry body warns
Reuters, New Delhi
PUBLISHED ON MAR 04, 2021 04:21 PM IST
- Haryana's rule affects firms including India's biggest carmaker Maruti Suzuki and business process outsourcing firms such as Genpact.
EPFO cheers working class by keeping interest rates on PF unchanged at 8.5%
By Zia Haq
PUBLISHED ON MAR 04, 2021 03:39 PM IST
According to prevailing EPFO norms, at least 12% of an employee’s basic salary is compulsorily deducted to be saved in provident fund, while an employer co-contributes another 12%
The metal that worries Tesla most is getting much cheaper
Bloomberg
PUBLISHED ON MAR 04, 2021 03:38 PM IST
Elon Musk said in February that nickel was Tesla’s top concern for scaling lithium-ion cell production and was behind a shift to using iron for some EV batteries instead.
Sensex, Nifty snap three-day rally as metals, financials slide
Posted by Harshit Sabarwal | Reuters
UPDATED ON MAR 04, 2021 04:10 PM IST
Indian shares had recovered from the previous week's sell-off at the start of the week, thanks to positive news around the country's Covid-19 vaccination drive and upbeat domestic economic growth data.
Apple now lets you automatically transfer images from iCloud to Google Photos
ANI, Washington
PUBLISHED ON MAR 04, 2021 03:19 PM IST
Apple said that the transfer will take between three days to a week.
EPFO keeps interest rates on provident fund deposits unchanged at 8.5%
By hindustantimes.com | Written by Kanishka Sarkar
UPDATED ON MAR 04, 2021 03:32 PM IST
According to the latest report released by the National Statistical Office (NSO), net new enrolments with retirement fund body EPFO stood over 1.25 million in December, up from 870,000 in November 2020.
Lufthansa sees delayed recovery after $8.1 billion record loss
Posted by Harshit Sabarwal | Bloomberg
PUBLISHED ON MAR 04, 2021 02:11 PM IST
Deutsche Lufthansa AG posted a record 6.7 billion-euro ($8.1 billion) annual loss and said it will take longer than previously anticipated to achieve a full recovery from the coronavirus crisis.
Gold price drops by over ₹12,000 since 2020, currently trading at ₹44,748
By hindustantimes.com | Written by Deepali Sharma, Hindustan Times, New Delhi
PUBLISHED ON MAR 04, 2021 01:34 PM IST
Gold in the previous session had closed at ₹44,948 per 10 gram and Silver had closed at ₹66,113 per kg.
Industry captains seek ease of Karnataka curbs on iron ore export and sale
By Sharan Poovanna, Hindustan Times, Bengaluru
PUBLISHED ON MAR 04, 2021 10:15 AM IST
- FIMI said the restrictions had resulted in artificial oversupply of iron ore, leaving large quantities unsold and huge stockpiles in the mines.