Friday, November 12, 2021

Foxconn beats estimates as Q3 net profit rose 20% YoY to $1.33B and warns its smartphone business revenue could slide more than 15% in Q4 (Reuters)

Reuters:
Foxconn beats estimates as Q3 net profit rose 20% YoY to $1.33B and warns its smartphone business revenue could slide more than 15% in Q4  —  Taiwan's Foxconn (2317.TW), which assembles iPhones for Apple (AAPL.O), reported a better-than-expected third-quarter profit on Friday …



Google hails Kamala Harris' call to double down on cybersecurity

Google has welcomed the announcement by US Vice President Kamala Harris that the country is expanding its efforts to advance international cooperation in cybersecurity by joining the Paris Call for Trust and Security in Cyberspace. https://ift.tt/3wFlR4O

How to use Instagram Reels’ Text-to-Speech and Voice Effects features

Instagram has introduced two popular ‘TikTok features’ to Reels -- Text-to-Speech and Voice Effects. https://ift.tt/30cf6eC

Apple supplier Foxconn sees Q4 revenue slumping on chip supply shortage

Taiwan's Foxconn, which assembles iPhones for Apple, said on Friday it expected revenue from its key smartphone business to slide more than 15% in the quarter ending December, hurt by the ongoing global shortage of components. https://ift.tt/3c5esT2

Huawei electric scooter with HarmonyOS support launched

Huawei has launched LEQI smart electric scooter with HarmonyOS support for $375 in China. https://ift.tt/3qAaCcO

Deutsche Telekom reports core profit above estimates

Deutsche Telekom reported core profit above market estimates on Friday and raised its full-year outlook for the third time, boosted by its U.S. unit T-Mobile, along with growth in European business. https://ift.tt/30nT1tZ

Some startups and researchers who can't access the most advanced chips are adopting a "frugal AI" approach, building smaller models on open-weight systems (Rina Chandran/Rest of World)

Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...