Twitter: Twitter threatens to sue Meta over stealing trade secrets and making “copycat” app

[ad_1] Just a day after the rollout of the Threads app, its biggest competitor’s lawyer has written a rather threatening letter to Meta. According to a Semafor, Alex Spiro, who is Elon Musk’s lawyer accused Meta of making a “copycat app”. Spiro also said that Meta had employed ex-Twitter employees to work on the app. … Read more

Samsung Electronics Expects Q2 Profit to Drop More Than 95 Percent Amid Ongoing Chip Glut

[ad_1] Samsung Electronics reported a likely 96 percent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses in the tech giant’s key business despite a supply cut. The world’s largest memory chip and smartphone maker estimated its operating profit fell to KRW 600 billion(roughly … Read more

Twitter Threatens Suit Against Meta Over Threads, Citing Intellectual Property Concerns

[ad_1] Last Updated: July 07, 2023, 01:38 IST United States of America (USA) The Threads app, billed as the text version of Meta’s photo-sharing platform Instagram, became available Wednesday night to users in more than 100 countries — including the US, Britain, Australia, Canada and Japan. (AP Photo) On its debut day, Meta’s newly launched … Read more

China Launches OpenKylin: Its First Homegrown Operating System, Rivaling US Windows and MacOS

[ad_1] Last Updated: July 07, 2023, 01:13 IST Washington D.C., United States of America (USA) US and Chinese flags are seen through broken glass in this illustration taken, January 30, 2023. (Reuters) The system, called OpenKylin, has been designed as a rival to the ubiquitous Windows and MacOS systems China has launched its first homegrown … Read more

Twitter Threatens to Sue Meta Over Threads: Report

[ad_1] Twitter is threatening legal action against Meta Platforms over its new Threads platform, Semafor reported on Thursday, citing a letter sent to the Facebook parent’s CEO Mark Zuckerberg by Twitter‘s lawyer Alex Spiro. “Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop using any Twitter … Read more

Amazon’s Acquisition of iRobot Faces New Challenges From EU Antitrust Regulators

[ad_1] Amazon‘s $1.7 billion (nearly Rs. 14,100 crore) acquisition of robot vacuum cleaner maker iRobot may reduce competition and strengthen Amazon’s position as online marketplace provider, EU antitrust regulators warned on Thursday. The European Commission opened a full-scale investigation and will decide by November 15 whether to clear or block the deal. “We continue to … Read more

Meta’s Threads Emerges as First Real Threat to Twitter as It Racks Up Over 30 Million Users in 18 Hours

[ad_1] Meta‘s Threads racked up more than 30 million sign-ups within about 18 hours of its launch, emerging as the first real threat to Elon Musk-owned Twitter, as it took advantage of its access to billions of Instagram users and a similar look to that of its rival. Dubbed as the “Twitter-Killer”, Threads was the … Read more