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TikTok publishes rare insight into UK Business with $119 million loss

Aliasgar Ayaz
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0
TikTok publishes rare insight into UK Business with $119 million loss

Chinese video-sharing social networking service TikTok has recorded a $119.5 million loss over 2019 in its U.K. business, driven by costs attributing to advertising and marketing, providing a rare insight into how quickly the app is expanding.

TikTok’s parent company, ByteDance Ltd., has not provided information about global revenue figures, but according to the latest company filings made this week, U.K. sales amounted to $20 million over 2019. Expenses related to sales and marketing came to $109 million over the year. The unit hadn’t begun posting revenue in 2018.

According to Bloomberg, “ByteDance is said to have generated over $3 billion of profit on more than $17 billion of revenue in 2019.” Also, the startup tracker has reported that ByteDance is already worth $140 billion.

Among the teenagers, TikTok has shot to fame globally and has made quite the name for itself over a few years. Its influence has also attracted outrage from the Trump administration, which argues that the app’s Chinese ownership brings about a national security threat.

TikTok had just a handful of staff in the U.K by the end of the year 2018. The social networking app has since been rapidly expanding, hiring hundreds of employees from rival companies. It has also planned on making London its international headquarters. However, no confirmed decision has been made by the company.

“As of today, the TikTok community numbers over 100 million people across the U.K. and Europe, and we’re excited about our future growth potential,” said a TikTok spokesman, according to Bloomberg. “These results reflect an early period of development and investment for TikTok in the U.K., and should be taken in that context.”

Uncertainty lies within the future of TikTok’s global business. In mid-September, a preliminary plan was approved by the U.S. President Donald Trump in which ByteDance would sell part of TikTok to Walmart Inc, Oracle Corp., and U.S. investment firms Sequoia Capital, KKR & Co., and General Atlantic, giving rise to a new independent company called TikTok Global. For months that deal has been stuck in limbo.

The U.K. filing said “a number of strategic options are being considered in connection with the future operational structure of TikTok global business,” but added that the U.K. business would not face any direct impact due to the changes.

SOURCE

Realme X7 Pro hints at Imminent India Launch, Company Support Page Listing suggests so

Anurag Dutta
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Realme X7 Pro hints at Imminent India Launch, Company Support Page Listing suggests so

Realme has already launched the Realme X7 Pro in China, and this phone is about to launch in India very soon as well. The Realme X7 Pro has been spotted on the Realme India support page. That listing of the X7 Pro is hinting at an imminent launch in the country. Apart from it, Realme has also launched the Realme 7 5G smartphone in China.

Both smartphones are powered by the Dimensity processors, such as the Realme X7 Pro, powered by the MediaTek Dimensity 1000+ chipset whereas the MediaTek Dimensity 800U chipset powers the Realme 7 5G. That means, both the smartphones will support 5G connectivity, and both feature a quad rear camera setup.

As of now, Realme has not confirmed anything regarding the launch of the Realme X7 Pro in India. But, as this phone has been listed on the Realme India support page, we can definitely expect an imminent launch from Realme. Moreover, Realme India CEO Madhav Sheth has already confirmed that the upcoming Realme X7 lineup will get launched in India in 2021 and that series will contain Realme X7 and Realme X7 Pro smartphones.

As per the pricing of the Realme X7 Pro in Taiwan (X7 Pro and Realme 7 5G launched in Taiwan), this phone is priced at TWD 14,990 (roughly Rs. 39,000) for its 8GB of RAM + 256GB of storage variant and TWD 13,990 (roughly Rs. 36,500) for its 8GB of RAM + 128GB of storage variant.

Vivo V20 2021 goes on sale in India, no official announcement from the company

Anurag Dutta
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Vivo V20 2021 goes on sale in India, no official announcement from the company

A strange thing happened regarding Vivo’s V20 2021 smartphone; it goes on sale via Amazon without even a hint of an official announcement from Vivo. For the last few days, multiple leaks were going on in the Vivo V20 smartphone market. So, we have expected that Vivo will make an announcement very soon and make it available for sale in India. But, in Amazon, it looks that the V20 2021 is already in stock and ready to order, that’s quite surprising. Now let’s check out the specifications of this phone.

This image has an empty alt attribute; its file name is ezgif-1-0bc46ac7f803-1024x587.jpg

The Vivo V20 2021 runs the latest Funtouch 11 based on the Android 11 OS and is powered by an octa-core Qualcomm Snapdragon 730G chipset. Regarding the display, this phone offers a 6.44-inch (1080 x 2400 pixels) water-drop notch panel. This phone is available in two different colour variants: Sunset Melody and Midnight Jazz.

The SD 730G SoC of this phone is paired with 8GB of RAM and 128GB of internal storage (expandable). Coming to the camera section, this phone offers a triple rear camera setup that includes a 64MP primary sensor, an 8MP ultra-wide sensor, and a 2MP mono sensor. This phone has a 44 MP selfie snapper with autofocus (from 15cm to infinity) at the front for selfies and is fueled up by a 4,000mAH battery with 33W fast charging.

The vanilla V20 model and the current V20 2021 have only one difference from each other: The regular V20 model is powered by the Snapdragon 720G chipset whereas the newer V20 2021 is powered by the Snapdragon 730G chipset. Coming to its pricing and availability, the Vivo V20 2021 carries a price tag of INR 24,990 and is available via Amazon India.

Buy from here: https://amzn.to/2WH42RG

Digital Extremes is now acquired by Tencent

Koustav Deb
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Digital Extremes is now acquired by Tencent

Tencent has obtained Leyou Technologies which was a $1.5 billion deal. That means this Chinese company now owns most of the games you know about. This deal was previously hinted at in early 2020. It was then reported that Sony was also interested in the deal, but finally, on December 11, it was signed-off by Leyou shareholders.

Do you know that Leyou was a chicken processing company in the past? From 2014 the company started its journey into videogames by gaining a majority stake in Digital Extremes, the Canadian developer. The company created Athlon games, which now works with Amazon as a publisher partner on the Lord of the Rings MMO.

Richard Jolly, the Splash Damage co-founder and CEO said, “We’ve always been dedicated to creating team-based games that spark friendships and build passionate communities, and we strive to work with partners who believe in that mission. In our many discussions with Tencent, it became clear that they not only believe in that mission but will do everything they can to enable and empower us to realise it. This is going to be a bold new phase for our studio, with an amazing line-up of ambitious games that deliver on what Splash Damage is all about. We couldn’t be more excited.”

Digital Extremes was always dedicated to their deal with Leyou confirmed the creative independence of the studio. The studio’s blogpost asks whether Warframe will continue to be developed in this way:

“Yes, we will continue to create great content for Warframe, and we will remain creatively independent. Our focus will remain on listening to you, our community, upgrading Warframe based on your feedback, and developing the kind of great stories, gameplay, and incredible new space ninja action you’ve come to expect from us. Tencent is well known for respecting the creative decisions and integrity of its studios, and for giving them the autonomy and independence to experiment, innovate and thrive.”

Many companies like Epic has responded in the past that Tencent is always an overbearing partner. Now the company’s holdings are too wide and deep that it can attract the US Government. With the massive growth, it seems unstoppable now.

Source

Xiaomi Mi 11 to offer +16% memory speed boost with “full-blood” LPDDR5 RAM never seen before

Sanidhya Bhardwaj
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Xiaomi Mi 11 to offer +16% memory speed boost with “full-blood” LPDDR5 RAM never seen before

Xiaomi Mi 11 series will be hitting the market on 28th December 2020 in China. Reports suggest that the smartphone will be present in two variants: 8 GB RAM & 128 GB storage and 12 GB RAM & 256 GB storage. The major news coming just before the launch is that Mi 11 will be coming with a massive +16% memory speed boost. 

This new series of Xiaomi is heavily talked about in the market. People are looking forward to the arrival of this smartphone as it is already stuffed with many high-end components. The smartphone will be powered by the most awaited Qualcomm’s Snapdragon 888 system-on-a-chip (SoC).

The latest premium device will comprise LPDDR5 RAM, but this RAM will be very different from what is already present in the Xiaomi Mi 10. According to the reports, Mi 11 gets faster “full-blood” LPDDR5. To explain this major difference, the Chinese OEM has posted a graph which is shown below. 

Here, we can see LPDDR5 at 5,500 Mb/s in 2020. And the variant of LPDDR5 which is present in Mi 11 can go a notch above. It offers a 16% performance increase with the aid of 6,400 Mb/s speed. That’s an increase of almost 1000 Mb/s speed! This gives users of new Mi 11 a completely different experience. Faster RAM supports them as the smartphone can perform faster. As the smartphone performs quicker, the customers will be operating smoothly from one application to another and perform other tasks faster.

So now, we have two important and path-breaking features associated with Xiaomi’s Mi 11. The first is the Snapdragon 888 SoC as it will be the first smartphone launched in the market with Qualcomm’s new chipset. Secondly, the “full-blood” LPDDR5 RAM which we are talking about here. Let’s set our calendar dates to 28th December quickly!

Source 1 | Source 2 

Asus revealed its new WiFi 6 router

Nivedita Bangari
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Asus revealed its new WiFi 6 router

With the advancement of technology demand for high-performing gadgets in the market has risen. As such the tech companies are competing with each other to deliver outstanding models to satisfy user demands and improve their market value.

ASUS introduced its RT-AX68U WiFi 6 router, and the gadget offers Dual Band WiFi 6 with a maximum wireless transmission rate of up to 2700 MB per second. It supports both 2.4 GHz and 5 GHz radio bands.

According to sources, the RT-AX68U router supports both the 2.4 GHz and the 5 GHz radio bands. it will allow devices to have a stable connection to the router. Asus has designed the router to offer WiFi 6, which can increase WiFi signal and better coverage of up to 80% compared to previous WiFi iterations.

The design of the RT-AX68U router is considerably different, and this router features a vertical design. The new design minimizes the footprint of this router, allowing for more space on your desk. This smaller footprint is perfect for a home office.

The device features ASUS’s Ai Mesh and Ai Protection, and Ai Mesh allows users to create a mesh WiFi using any other ASUS router that also offers support for Ai Mesh. Ai Protection has a web filter that, when enabled, adds a layer of web filtering above the router’s firewall.

Asus’ Ai Mesh technology allows for much wider coverage by using another ASUS router to an anchor. For now, the official price details are not revealed, but sources indicate that Asus is targeting a sub-$100 price point.

source

MediaTek overtakes Qualcomm to lead the Smartphone Chipset Market for the First Time

Aliasgar Ayaz
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0
MediaTek overtakes Qualcomm to lead the Smartphone Chipset Market for the First Time

Taiwanese chipset maker MediaTek has surpassed Qualcomm and become the biggest smartphone chipset vendor in Q3 of 2020 with a 31% market share as smartphone sales rebounded in the quarter, according to Counterpoint estimates. After strong performance in the budget ($100-250) segment in markets like China and India helped it become the biggest smartphone chipset vendor.

The report shows that MediaTek chipsets powered over 100 million smartphones sold globally during Q3 2020. The Taiwanese company’s market share rose to 31% from 26% a year ago. On the other hand, Qualcomm’s market share fell from 31% to 29% YoY.

In the Indian market, MediaTek’s chipset share grew to 46% from 35% a year ago while Qualcomm took another fall to 38% from 42% during the same time period. 

Among rivals, Apple’s chipset market share showed a slight growth to 12% from 11% a year ago, while that of Samsung’s Exynos chipset took a fall from 16% to 12% year on year (YoY) in the quarter.

Image: CounterPoint Research

Meanwhile, Qualcomm took the top spot as the 5G chipset vendor in Q3 2020 after powering 39% of the 5G phones sold worldwide. With 17% of all smartphones sold in Q3 2020 being 5G, the demand for 5G smartphones doubled up in Q3 2020 and is likely to continue the impressive growth trajectory. 5G enabled smartphones are expected to occupy one-third of all smartphones shipped in Q4 2020, which poses a chance for Qualcomm to regain the top position in Q4 2020.

Commenting on MediaTek’s market share gain, Research Director of Counterpoint, Dale Gai said, “MediaTek’s strong market share gain in Q3 2020 happened due to three reasons – strong performance in the mid-end smartphone price segment ($100-$250) and emerging markets like LATAM and MEA, the US ban on Huawei and finally wins in leading OEMs like Samsung, Xiaomi and Honor. The share of MediaTek chipsets in Xiaomi has increased more than three times since the same period last year. MediaTek was also able to leverage the gap created due to the US ban on Huawei. Affordable MediaTek chips fabricated by TSMC became the first option for many OEMs to fill the gap left by Huawei’s absence quickly. Huawei had also previously purchased a significant amount of chipsets ahead of the ban.”

Gai added, “On the other hand, Qualcomm also posted strong share gains (from a year ago) in the high-end segment in Q3 2020, again thanks to HiSilicon’s supply issues. However, Qualcomm faced competition from MediaTek in the mid-end segment. We believe both will continue to compete intensively through aggressive pricing, and mainstream 5G SoC products into 2021.”

Realme Watch S Pro vs Amazfit GTS 2 vs Mi Watch Revolve: Which one should you buy?

Anupam Modak
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0
Realme Watch S Pro vs Amazfit GTS 2 vs Mi Watch Revolve: Which one should you buy?

Multiple smartwatches have arrived in the Indian market this month. The list includes Amazfit GTR 2, Amazfit GTS 2, boAt Watch Enigma, and recently Realme Watch S series. In addition, the Amazfit GTS 2 Mini and Noise ColorFit Pro 3 are going to launch, another addition to the list. Among these, the boAt watch Enigma is the only entry-level smartwatch available in the market costs INR 2,999, the rest of the smartwatches i.e. second-generation GTS and GTR come from INR 9,999 to 14,999, other than the GTS 2 Mini, and obviously, we don’t know the pricing of the Noise ColorFit Pro 3.

  • Realme Watch S Pro Teased_TechnoSports.co.in
    Realme Watch S Pro
  • Amazfit GTS 2 - 1_TechnoSports.co.in
    Amazfit GTS 2 Pro
  • Mi Watch Revolve launched in India, costs Rs.9,999 till Diwali_TechnoSports.co.in
    Mi Watch Revolve

If you are looking for a brand new smartwatch at around 10k and confused about which one to pick, here’s the comparison between the Realme Watch S Pro and Amazfit GTS 2. I know the GTS 2 costs around 3,000 more, but still, we need to figure out whether there is anything more or not. In addition, I’m adding the Mi Watch Revolve with these two as it’s also a tough competitor at Rs.9,999. So, let’s get started.

Realme Watch S ProAmazfit GTS 2Mi Watch Revolve
Screen Size1.39″1.65″1.39″
Screen ShapeRoundSquareRound
Display TypeAMOLEDAMOLEDAMOLED
Resolution454×4541280 x 1024454×454
Body Stainless SteelAluminum Alloy Premium Metallic dial
ProtectionGorilla GlassoDLC coatedGorilla Glass 3
Water Proofing5ATM5ATM5ATM
ProcessorDual-coreNo infoNo info
Internal Storage–3GB*–
Bluetoothv5.0v5.0v5.0
Wi-Fi––Yes
OSRealme OSWatch OSProprietary wearable platform
GPSYesYesYes
Heart Rate MeasurementYesYesYes
Blood Oxygen level MeasurementYesYesYes
Sleep TrackerYesYesYes
Stress MonitorNo infoYesYes
Sedentary ReminderYes––
Sports Modes1290+10
Battery420mAh246mAh420mAh
Battery Backupup to 14 daysup to 7 daysup to 14 days
Always On DisplayYesYesYes
eSIM–––
Call handleYesYesReject & Silent
MusicYesYesYes
Watch Faces100+a wide range (customizable)100+
Price9,99912,9999,999
*Only to store music

Now, hope you get a clear idea about all the specs of the three smartwatches from three different manufacturers. If you are a fan of big-screen watches with a square dial or addicted to music more, Amazfit GTS 2 is made for you. Though you need to pay Rs.3,000 more. If you are cot ok with it, you can either go with the Realme Watch S Pro or Mi Watch Revolve. Each of these two cost Rs.9,999. Buy links of all these three smartwatches are given below.

Amazfit GTS 2: https://amzn.to/3aMre9z

Mi Watch Revolve: https://amzn.to/3aHVYIC

Realme watch S Pro: http://fkrt.it/P3NN7RuuuN

Top 10 key points decided in BCCI’s AGM on 24th December

Rahul Roy
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0
Top 10 key points decided in BCCI’s AGM on 24th December

The BCCI’s Annual General Meeting was held on 24th December. Many key points were discussed and decided in the AGM regarding IPL, Olympics and many other things.

Here’s some of the key decisions taken during the AGM:

  1. The Electoral Officer, Mr. AK Joti announced the election of Mr. Rajeev Shukla as Vice President of BCCI. Further, Mr. Brijesh Patel and Mr. KM Majumdar were unanimously re-elected as members representative to the IPL Governing Council by the General Body.
  1. Mr. Pragyan Ojha who was nominated by the Indian Cricketers Association (ICA) as a player representative, was inducted to the IPL Governing Council at the AGM.
  1. The General Body authorized the IPL Governing Council to include up to ten teams in the Indian Premier League 2022. The IPL GC will work out the modalities regarding scheduling for up to 10 teams.
  1. The General Body also decided to seek further clarification from the ICC on their proposal to include cricket in the 2028 Los Angeles Olympics.
  1. The BCCI also increased the limit of reimbursement of insurance medical claim of retired First Class Cricketers to INR 10 Lakhs.
  1. The retirement age of the BCCI affiliated umpires and scorers has also been increased to 60 years.
  1. The General Body approved disbursement of funds to the ICA.

The General Body also authorized the Office Bearers of the BCCI to decide on the following matters:

  1. Appointment of Cricket Committee, Standing Committees and Umpires Committee.
  1. BCCI’s representative to ICC Board of Directors and or any similar organization.
  1. Setting up the new National Cricket Academy in Bengaluru and the subsequent plan to establish zonal academies.
  1. Decide the venues for the upcoming ICC T20 World Cup 2021.
  1. Decide on the BCCI Domestic season 2020-21 and form a working group in order to compensate the players, match officials and others involved in cricketing activity if they are not able to participate due to cancellation of cricket matches/tournaments owing to COVID-19.

Source

Carabao Cup final will be held in April 2021

Rishab Chakladar
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0
Carabao Cup final will be held in April 2021

Carabao Cup final will be played on 25th April 2021, so that fans can attend and enjoy the match in the stadium. The kick-off time will be 4 pm local time. Initially, it was planned to be played on 28th February. The match will be played in Wembley Stadium in London.

London currently under Tier 4 restriction as per the UK government. It is expected to be the same in the new year as well.

“This season’s Carabao Cup Final has been rescheduled and will now take place on Sunday 25 April 2021, with a 4 pm kick-off.”- EFL stated.

“It is the objective of the League to stage the Final with as many supporters in attendance as possible and the decision has therefore been taken to move the Final from its original date of Sunday 28 February 2021 to later in the year.”

“The number of fans permitted will be dependent on Government guidance in place at the time and it is hoped that moving the date to later in the year will give Clubs and their fans the best opportunity to attend in person.”

The quarter-final of the tournament has taken place this week. Manchester City, Tottenham, Brentford, and Manchester United are through to the semi-final. Tottenham Hotspurs will face Brentford and Manchester City will take on Manchester United in the semi-final of the Carabao Cup.

EFL does not want to conduct the final without fans. But they are taking all the safety measures.

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