From the long-awaited iPhone 15 delayed to Twitter facing a brand new lawsuit over unpaid severance – the tech world has been dominated by these headlines over the past week. Let’s take a closer look.
Launch of the iPhone 15 delayed?
According to a recent report from Bank of America (BoA), there is a possibility of a delay in the release of the upcoming iPhone 15 lineup. Wamsi Mohan, a renowned global securities analyst at BoA, indicated that the official unveiling of the iPhone 15 series might be pushed back by a few weeks, leading to a potential launch in October instead of the usual September delay. Mohan’s research note, shared with Barrons, suggests the launch could potentially take place in the fourth quarter (Q4) of 2023.
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Netflix stops password sharing in India
In a notable move targeting India, Netflix has introduced a new policy to limit password sharing and restrict account access to only members of a “Household”. This move is part of a larger global effort to crack down on password sharing beyond immediate family members. The main objective behind this decision is to improve revenue generation, especially after a difficult period the company faced last year. Netflix previously declared its commitment to tackling this issue in May, and the results so far have been promising.
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The streaming giant reported a notable increase in subscriptions, with nearly six million new users signing up in response to password sharing restrictions. As a result, Netflix now has a staggering total of 238 million subscribers worldwide and made an impressive profit of $1.5 billion in the last quarter.
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Slimmer Galaxy foldables expected
As we approach the long-awaited Galaxy Unpacked event, Samsung is gearing up to unveil its next-generation foldable smartphones. Excitingly, a senior Samsung executive has shared crucial information about the upcoming Galaxy Z Flip 5 and Galaxy Z Fold 5 ahead of the official launch of Unpacked. According to TM Roh, President and Head of MX Business at Samsung Electronics, the company has made significant progress in the ergonomics of foldable smartphones, setting new standards in this area.
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In recent weeks, the portability of Samsung’s foldable phones has garnered considerable attention, especially after the release of Google’s first-ever foldable phone, the Google Pixel Fold. While there are notable similarities between the Galaxy Z Fold 4 and the Pixel Fold, it’s worth noting that the latter is 0.2 inches thinner, which sets it apart from Samsung’s offering.
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Twitter sued…again
Twitter is currently facing its second trial this month, where it is accused of owing more than $500 million in severance pay to former employees. The legal proceeding was initiated as a proposed class action and filed in federal court in Delaware by Chris Woodfield, a former senior engineer at Twitter. The lawsuit alleges the company engaged in the discriminatory practice of specifically targeting older workers for layoffs, which sets it apart from other pending cases.
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The UN takes AI seriously
On Tuesday, the United Nations Security Council held its first-ever meeting to discuss the topic of artificial intelligence (AI). During the meeting, China expressed apprehensions about the potential risks of AI becoming an unmanageable force, while the United States issued a warning against its misuse for purposes such as censorship or corruption. ‘oppression.
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It’s all from the tech headlines this week. Stay tuned to this space for more headline stories next week.
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