IT business / 10

Ahead of Apple Fitness+. The Ukrainian app BetterMe: Mental Health has won the Webby Award

Ukraine IT business 04-24-2024 comment
Article from  
Ukrainian app BetterMe: Mental Health won the international award The Webby Awards 2024 People’s Choice in the Health & Wellness & Fitness Apps category.

Embracer Group will split into three companies — one of them will own Ukrainian 4A Games, which was supposed to be sold to the Russians

News IT business 04-22-2024 comment
Embracer Group has announced its intention to split into three different publicly traded games and entertainment companies. The new companies will be called Asmodee Group, Coffee Stain & Friends, and Middle-earth Enterprises & Friends.

Not everyone at NVIDIA is a millionaire — shares have to be sold, says a programmer with a salary of $250 thousand per year

News IT business 04-21-2024 comment
An NVIDIA employee who earns $250,000 dollars a year said that the earnings of the company’s employees «are not as rosy» as some might think. He told us anonymously Business Insiderthat while some NVIDIA employees may have to be lucky enough to become millionairesThis is not always the case. The publication checked the identity and wealth…

Netflix will stop reporting the number of subscribers — from April 2025

News IT business 04-19-2024 comment
Netflix published report for the first quarter, and the most interesting thing about it is that profits grew very significantly, largely due to the successful fight against password sharing and advertising rates.

Google merges Android and Chrome teams with hardware division — all for AI

News IT business 04-19-2024 comment
The united team will be responsible for implementing artificial intelligence in smartphones and everything running on Android.

Crisis, competition, war: Samsung moves executives to a six-day work week

News IT business 04-19-2024 comment
Article from  
Samsung Corporation has decided to transfer the heads of all departments to a six-day work week to combat the current crisis.

TSMC will increase prices for chips made outside Taiwan - this is likely to lead to higher prices for end devices

News IT business 04-18-2024 comment
TSMC is the world’s largest chipmaker, and its products are found in a wide range of devices, from phones to game consoles to computers. But soon, devices using TSMC chips may become more expensive if manufacturers decide to buy chips that the company produces outside its base in Taiwan.

TSMC is powering Taipei suburbs with its own generators — Taiwanese government has asked for help

News IT business 04-18-2024 comment
TSMC has shared energy from its backup power generators with Taiwan’s state-owned power company Taipower to help avoid power outages, according to the Taiwanese newspaper Commercial Times. This follows a recent 7.4-magnitude earthquake that shut down eight power units.

Google employees arrested for office protest against cooperation with Israel

News IT business 04-17-2024 comment
Article from  
A dozen Google employees were arrested at the company’s offices because they protested against cooperation with the Israeli government.

«Pension Fund» NVIDIA: how the company's shares make its employees millionaires

News IT business 04-14-2024 comment
The wealth that can be gained by helping to develop a successful company is vividly illustrated by the example of NVIDIA employees. One of them, an employee «middle management» has accumulated a fortune of $62 million by receiving shares in the company. This option can be a great incentive for employees. However, another NVIDIA employee made a…

Multimillion-dollar developer profits in the Apple App Store have turned out to be a bug in recent days

News IT business 04-11-2024 comment
Some developers have had a disconcerting morning as a bug in App Store Connect has been showing millions in revenue from apps placed in the store for some time. App Store Connect provides developers with statistics and analytics related to their apps. While the system is fairly reliable, minor issues arise from time to time that can lead to data…

How to talk to management about a salary increase — tips from Ciklum, Jooble, and more HRs

Articles IT business 04-10-2024 comment
Article from  
A good job should be well-paid, so it’s understandable that all professionals expect their remuneration to increase over time. So what’s the best way to ask for a raise? How to argue, and what is better not to mention? HR specialists from well-known companies answered these questions and gave advice on how to act in […]

Rakuten Viber appoints Country Director in Ukraine — Ilya Boshnyakov, former head of AIN.UA

News IT business 04-10-2024 comment
Bochniakov will lead Viber’s local team and will be responsible for adapting new features for the Ukrainian market and the Ukrainian diaspora around the world, as well as for partnerships, marketing and communications in Ukraine. Previously, these tasks were assigned to Atanas Raikov, Vice President of Global Marketing and Development, based…

ChatGPT creator Sam Altman became a billionaire — but not thanks to OpenAI

News IT business 04-09-2024 comment
Altman is known to have no equity in OpenAI, but his bets on startups like Reddit, Stripe, and Helion have still secured him a spot on the Forbes billionaire ranking.

Significantly losing weight, Gabe Newell has created a company to develop neuro-interventions called Starfish

News IT business 04-08-2024 comment
It seems that Valve CEO Gabe Newell is now interested in the new project. On the website of Starfish, a company that develops neural interfaces, in the «Our team» among others, you can also find a photo of Gabe Newell. He is listed as a co-founder of the company.

Monte esports team was not allowed to participate in an international tournament in China

News IT business 04-08-2024 comment
The Ukrainian esports team Monte was unable to leave the country to take part in the tournament. This is stated in a message on the team’s official Instagram account.

Samsung regains leadership in the smartphone market — Apple lasted 5 months

News IT business 04-06-2024 comment
Samsung Electronics has regained the lead in global smartphone sales just five months after losing to Apple. According to official data, the return was due to the release of new Galaxy S24 smartphones with artificial intelligence functions.

Mark Zuckerberg became the third richest man in the world with $186.9 billion and surpassed Elon Musk

News IT business 04-06-2024 comment
Mark Zuckerberg has surpassed Elon Musk to become the third richest person in the world. Back in early March, Musk was ranked first in the billionaire index Bloomberg, but dropped to fourth after the announcement of the cancellation (which Musk later denied). Earlier in the week, it was reported that Tesla’s fell over the past three months.

«PrivatBank» will carry out routine maintenance on the night of April 6 - card transactions, ATMs and terminals will not work

News IT business 04-05-2024 comment
«PrivatBank» has announced that it is carrying out scheduled maintenance to upgrade its processing center. They will take place on the night of April 6 and will last from 00:05 to 07:05 in the morning.

Samsung invests $44 billion (instead of $17 billion) in chip production in Texas

News IT business 04-05-2024 comment
Samsung Electronics plans to increase its investment in chip manufacturing in Texas to about $44 billion. This was reported by knowledgeable sources.

Apple lays off 600 engineers after canceling car project — largest layoff since the pandemic

News IT business 04-05-2024 comment
A few weeks ago, Apple canceled its long-standing project to create a self-driving electric car, and has now announced the layoff of 614 employees — according to documents provided to the California Employment Development Department (although Mark Gurman notes the actual figure may be much higher).

Alphabet + HubSpot: Google's owner is considering a $35 billion acquisition of a software company

News IT business 04-05-2024 comment
HubSpot offers cloud-based software for automation, online marketing and sales

When a client wants a Ferrari for a Fiat budget. How Ukrainian IT wins competition with foreigners – Head of EPAM Ukraine

IT business Longevity. 04-05-2024 comment
Article from  
«When our clients need to do something impossible, they come to Ukraine», says Stepan Mitish, Vice President, Head of EPAM Ukraine, during a panel discussion at presentations research Digital Tiger: the Power of Ukrainian IT – 2023. Mitish argues that as an employee of a global company with a presence in 55 countries, he has […]

Google may make search paid — premium options will use AI

News IT business 04-05-2024 comment
Google Search is considering charging for new premium features based on artificial intelligence. The addition of paid features to the search engine may be the first case of direct monetization of the company’s main product for ordinary users. It is reported by Financial Times, citing insiders.

All on AI. How NVIDIA's revenue structure has changed over the past 5 years (infographic)

News IT business 04-03-2024 comment
Following the AI boom, the key revenue drivers of the largest US chipmaker have changed dramatically.

Huawei earned $97.48 billion in revenue and $12.05 billion in profit as the business recovers from 2019 US sanctions

News IT business 03-29-2024 comment
In 2023, Huawei Technologies demonstrated the fastest revenue growth in the last 4 years. This was achieved thanks to the recovery of the consumer segment and revenues from new activities, such as components for smart cars. All this accelerated its recovery from US sanctions.

Ukraine's largest uranium producer goes bankrupt, while the Energy Ministry ignores the problem

News IT business 03-29-2024 comment
On March 20, the Economic Court of Dnipropetrovs’k Region held a hearing on declaring the state-owned enterprise «Vostochny Ore Mining and Processing Plant» bankrupt. This is evidenced by data from the register of court decisions.

Canadian school boards sue TikTok, Meta, and SnapChat — platforms interfere with children's lives and learning

News IT business 03-29-2024 comment
The four largest school boards in the Canadian province of Ontario have launched lawsuits against TikTok, Meta, and SnapChat. They claim that social media platforms interfere with the learning process. The plaintiffs are seeking damages of more than 4 billion Canadian dollars ($2.9 billion) for disrupting student learning and the education system.…

Hyundai invests $50 billion to secure a place in the TOP 3 electric car manufacturers

News Auto 03-28-2024 comment
Hyundai has announced a significant investment of $50 billion to maintain its position as the automotive market transitions to electric vehicles. The automaker will hire 80,000 employees in Korea to become one of the top 3 electric car manufacturers by 2030.

Sega sells Relic Entertainment and cuts 240 jobs in UK studios

News IT business 03-28-2024 comment
The gaming industry continues to be feverish. It has become known that Sega has sold Relic Entertainment, which is known as the developer of such popular games as Company of Heroes and Dawn of War. The studio has recently developed a new Age of Empires for Microsoft. Relic is transforming into an independent studio and will no longer be part of the…

Apple officially announces WWDC24 time and hints at AI

News IT business 03-26-2024 comment
Apple is officially announced its WWDC24 event. The conference for developers will start on June 10 and end on June 14. As in recent years, the company is holding a special in-person invite-only event at Apple headquarters. The company continues its tradition of offering WWDC online for free to everyone and is also organizing an in-person event…

Microsoft has reunited Windows and Surface teams under the leadership of Pavan Davuluri

News IT business 03-26-2024 comment
Microsoft has appointed Pavan Davuluri as the new head of the Windows and Surface division. After Panos Panayi’s unexpected move to Amazon, Microsoft split the Windows and Surface groups last year under two different leaders.

Apple lost $113 billion due to «attacks» from EU and US regulators

News IT business 03-22-2024 comment
US Department of Justice has filed a lawsuit against the iPhone manufacturer with allegations of violation of antitrust rules, and the EU is preparing an investigation into non-compliance with the Digital Markets Law.

America v. Apple: a large-scale antitrust trial has begun in the United States

News IT business 03-22-2024 comment
The U.S. Department of Justice has accused Apple of having an illegal monopoly on the smartphone market in a new major antitrust lawsuit that aims to significantly change the Apple iPhone.

lifecell earned 11.7 billion in revenue last year (+24.4%), its subscriber base grew to 9.9 million and the average bill increased to UAH 111

News IT business 03-21-2024 comment
Lifecell has announced its financial and operating results for the fourth quarter of 2023 and the full year. Last year turned out to be a successful one for the company, which managed to increase its revenue and active subscriber base.

Meta, Microsoft, X (Twitter) and Match Group oppose Apple's intention to charge 27% commission on payments outside the App Store

News IT business 03-21-2024 comment
Several well-known tech companies have joined Epic Games in opposing Apple’s decision to charge fees for iOS payments made outside the App Store. Meta, Microsoft, X (Twitter), and Match Group have filed a legal challenge, which provides some support for Epic’s case.

Intel to receive $8.5 billion to develop production in the US thanks to the CHIPS and Science Act

News IT business 03-20-2024 comment
Under the CHIPS and Science Act, Intel receives a huge amount of assistance from the US government. According to a preliminary agreement reached with the Department of Commerce, the company can receive up to $8.5 billion in direct funding from the government.

Google's DeepMind co-founder to head Microsoft's artificial intelligence division

News IT business 03-20-2024 comment
Mustafa Suleiman joins Microsoft to lead the company’s artificial intelligence division, which develops consumer-facing AI products, including Copilot, Bing, and Edge.

Liz Reid has been appointed to head Google's search division — she previously managed search products with artificial intelligence

News IT business 03-19-2024 comment
Google Search has a new head. This business is headed by Liz Reid, who has been working at Google for more than 20 years. Most recently, she was the head of artificial intelligence-based search, known as Search Generative Experience (SGE).

US regulator accuses Musk of trying to «distort» Twitter takeover investigation

News IT business 03-14-2024 comment
The billionaire is suspected of «fraud» with shares on the eve of the acquisition of Twitter, which could potentially earn him about $150 million.

Epic seeks injunction against Apple's App Store because external payments are still anti-competitive

News IT business 03-14-2024 comment
Epic Games is not done yet sue Apple. The 2021 decision forced Apple to allow App Store app developers to link to external payment systems, and now Epic has filed a petition with a judge asking him to enforce the decision.

NKEC fines Lifecell for more than UAH 10 million for failing to provide base stations with backup power

News IT business 03-13-2024 comment
The National Commission for the State Regulation of Electronic Communications, Radio Frequency Spectrum and Postal Services (NCCS) has fined mobile operator Lifecell. The reason for this was accusations of failing to comply with the requirements for power supply to base stations in Rivne region. The fine amounted to almost UAH 10.5 million.

Disappointing revenue statistics for 30 thousand mobile apps explain why developers continue to insist on subscriptions

News IT business 03-13-2024 comment
It is expected that next year mobile app developers will be more aggressive in promoting subscription-based usage. Figures from RevenueCat, which analyzed more than 30,000 apps, show that most of them are trying to reach $1,000 per month in revenue.

Larry Ellison is $15 billion richer after Oracle shares soar 12% to record high

News IT business 03-13-2024 comment
Today, Allison is one of the five richest people in the world in of the Forbes rating with a net worth of $157.3 billion.

Epic Games will charge $1850 per year for developers who use Unreal Engine for other purposes than gaming

News IT business 03-13-2024 comment
Epic Games has announced a new pricing scheme for developers creating non-gaming products using the Unreal Engine. The company will charge an annual subscription «per seat» of $1850. The term «per» seat actually means «person using» software. These changes will take effect with the release of Unreal Engine 5.4 at the end of April.

OpenAI calls Elon Musk's accusations «incoherent»

News IT business 03-12-2024 comment
«There is no Founding Agreement or any other agreement with Musk», — OpenAI stated as a defendant for the lawsuit of Elon Musk. The accusation is that the company violated its non-profit status and violated its founding agreement, which allegedly promised that the organization would never work for profit and would release its AI publicly.

Telegram has 900 million users, earns hundreds of millions of dollars and is valued at over $30 billion - Pavel Durov

News IT business 03-11-2024 comment
In a recent interview, Pavel Durov spoke about the achievements of the Telegram messenger. According to him, Telegram has become one of the most popular social media platforms in the world. It earns «hundreds of millions of dollars» in revenue after the introduction of advertising and premium subscription services.

Updated: Former Activision Blizzard’s boss Bobby Kotick wants to buy TikTok, — The Wall Street Journal

News IT business 03-11-2024 comment
He has allegedly already presented the idea to potential partners, including OpenAI CEO Sam Altman.

Another wave of layoffs is taking place at the AirSlate food company - mobilized workers are being fired

News IT business 03-08-2024 comment
According to the sources of the «Overheard in IT» channel, AirSlate is undergoing at least the third wave of layoffs in less than six months.

Nikon buys RED camera manufacturer, with which it had patent disputes 2 years ago

News IT business 03-07-2024 comment
Nikon has announced the acquisition of RED, a high-end movie camera company. The value of the deal was not disclosed. The statement said that RED will become a wholly owned subsidiary of Nikon. RED currently employs about 220 people. No plans for staff reductions have been made public at this time.

Spelling error report

The following text will be sent to our editors: