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Apple taps insider Kevan Parekh as CFO, replacing Luca Maestri

Tech giant Apple on Monday named insider Kevan Parekh as its chief financial officer, replacing company veteran Luca Maestri who will transition from the role on Jan. 1, 2025. The leadership change comes ahead of Apple's multiple product launches this fall season, which analysts have called the biggest software upgrade for the iPhone, Reuters...

Apple, OpenAI unveils ‘Apple Intelligence’

Apple on Monday unveiled 'Apple Intelligence,' its suite of new AI features for its coveted devices, including a partnership with OpenAI, as it seeks to catch up to rivals racing ahead on adopting the white-hot technology. For months, pressure has been on Ap...

Apple hits revenue high in India despite market slump

Apple set revenue records in India in the quarter ended March 2024, even as overall revenue declined 4 percent on the back of iPhone sales going down 10 percent as compared to the same period last year, said chief executive Tim Cook. “We did grow strong by double-...

Apple’s services revenue set to surpass $100bn in 2025

Apple's services revenue is likely to cross the $100 billion mark for the first time, despite legal and regulatory risks, accounting for one-fourth of its revenue by 2025, a new report said on Tuesday. According to Counterpoint Research, the company should b...

EU begins probe into app store rules of Google, Apple

Apple, Alphabet's Google and Meta Platforms face the risk of potentially hefty fines as the European Union opened a full-blown investigation into the firms' compliance with strict new laws reining in the power of Big Tech. The European Commission, the 27-nat...

Apple Music boosts artist earnings by 10% for spatial audio songs

Apple will pay music artists a bonus pay out of up to 10 percent in royalties for creating songs in spatial audio. Spatial audio with dynamic head tracking brings cinema-like sound from the film or video you’re watching, so that sound feels like it’s coming f...

EXCLUSIVE PHOTOS

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!