Samsung Q2 Profits Drop 56% Amidst Declining Smartphone Sales, Lower DRAM Prices Samsung Electronics on Monday announced its Q2 results, reporting a massive 56 percent drop in profits from the same period last year, largely on account of slowing smartphone sales and lower semiconductor prices. The company posted 56.13 trillion won ($47.4 billion) in consolidated sales and 6.6 trillion won ($5.58 billion) in operating profit during the quarter ended June, 2019....

Skype for Business Online to be Retired in 2021 Microsoft has today announced that it will be retiring the Skype for Business Online service on 31st July 2021, and is requesting its business customers to migrate to Microsoft Teams instead. In a blog post, the company said that it has decided to make the switch to Teams after having“worked closely with customers to refine Teams”and it now thinks that it“can confidently recommend it as an upgrade to all Skype for Business Online customers”....

Sony Launches BRAVIA Master A8G, A9G OLED Smart TVs in India While the budget smart TV segment in India has now fallen into the hands of Xiaomi and other fledgling brands, the premium TV market is still dominated by the likes of Samsung and Sony. Keeping that in mind, Sony has today expanded its renowned BRAVIA portfolio with the launch of the Master A8G and A9G smart TV series in India....

Spotify Has 108 Million Premium Subscribers Against Apple Music’s 60 Million At its Q2, 2019 earnings call on Tuesday, Spotify announced that its music streaming service now has 108 million premium subscribers, up 31 percent from the same period last year. Overall, the company claimed to have a total of 232 million ad-supported monthly active users (MAUs), up 29 percent year-on-year. It had ended Q1 with 100 million premium users and 217 million monthly active users....

Vivo Z5 Launched with Snapdragon 712, 48MP Triple Cameras, and More Vivo launched its first Snapdragon 712-powered smartphone,the Vivo Z1 Pro, in India recently. It’s a sweet budget offering with a punch-hole display and triple rear cameras, which is called Vivo Z5x in China. Thus, the Chinese giant has today launched sort-of a sibling for this device in its home country. Vivo Z5 today went official in China as the second Snapdragon 712 smartphone in the company’s budget portfolio....

Zomato Food Delivery Now Available in 500 Cities Across India Zomato on Monday announced that its food delivery services are available in 500 towns and cities across India after expanding into 120 new markets in July. The company had originally aimed to hit the milestone by September, but fueled by steady growth and massive cash infusions from investors like Sequoia Capital, it has managed to exceed its expectations, although some within the industry are wondering whether the expansion is happening too fast, too soon....

16-Year-Old Bags $3 Million Prize Money For Winning Fortnite World Championship An American teenager has become the first-ever world champion in Fortnite, winning a record $3m (around Rs. 20 crores) in the process. Kyle‘Bugha’Giersdorf, 16, won the solo event of the competition, hosted by Epic Games in the Arthur Ashe Stadium in New York on Sunday. After earning his massive paycheck, the young Pennsylvania resident was at a loss of words, saying:“Words can’t really explain it....