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A division bench of the Delhi High Court on Wednesday issued notice on an appeal by Google challenging a single-bench order directing the Competition Commission of India (CCI) to decide on applications filed by a body representing Indian startups that has challenged the tech giant's new Billing Payments policy.This and more in today’s ETtech Top 5.Also in this letter:■ India among countries requesting maximum content removal: Twitter■ Apple India’s desktop, laptop shipments see a sharp fall in Q1■ UK blocks Microsoft's…

Specialty glass maker Corning Inc beat profit estimates for the first quarter on Tuesday as price hikes more than made up for higher raw material costs and a demand slowdown. Shares of the company, whose Gorilla glass is used in smartphones of companies including Apple Inc and Samsung Electronics, rose 2% in premarket trading. Price increases meant that “profitability improved despite sequentially lower sales, which were impacted by recession-level demand in several key markets and overall weakness in China, as…

SAP foresees no more restructuring this year and plans to use artificial intelligence technologies like generative AI in its productsBusiness software maker SAP on Friday reported first-quarter revenue above analysts' expectations, backed by growth in its cloud business but lowered its outlook for the year due to the divestment of its Qualtrics unit. SAP, which announced plans to cut 3,000 jobs as it looked to cut costs in January, foresees no more restructuring this year and plans to use artificial intelligence…

IBM Corp beat Wall Street expectations for first-quarter profit on Wednesday and signaled demand for IT services was better than feared, sending shares up 3.5% after the bell. The company's software and consulting businesses rose 6% and 8.2%, respectively, at constant currency in the first quarter, in line with IBM's targets. Big Blue also reiterated its full-year free cash flow forecast of $10.5 billion. "Investors blew a sigh of relief that IBM's quarterly update was better than feared," said Jesse Cohen, senior…

US-based tech major IBM on Thursday said its revenue for the first quarter (Q1) 2023 rose 4.4% at constant currency to $14.25 billion, compared with $14.2 billion in the year-ago period (Q1 2022). The revenue figures were below Wall Street’s revenue estimates of $14.35 billion while the earnings per share (EPS) at $1.36 exceeded the expected EPS of $1.26. In January, the company forecasted a constant currency revenue growth consistent with its mid-single digit model and about $10.5 billion in consolidated free cash flow,…

ASML Holding NV beat first-quarter earnings forecasts on continued strong demand for its chip making equipment, but noted some signs of caution among customers. The comments from Europe's biggest tech firm follow news that Samsung will cut production because of a downturn in semiconductor demand, while memory chip makers SK Hynix and Micron have cut spending plans. ASML posted a threefold jump in net profit to 1.96 billion euros ($2.15 billion) on revenue up 91% at 6.74 billion euros. Analysts had forecast net profit of…

Jane Willenbring sampling shore platform bedrock in Del Mar with a hammer and chisel. Credit: Travis Clow In parts of California's iconic mountainous coasts, breathtaking beauty is punctuated by brusque signs warning spectators to stay back from unstable cliffs. The dangers of coastal erosion are an all-too-familiar reality for the modern residents of these communities. Now, with a new tool, researchers are bringing historical…

Map of countries with published NAPs on Minamata Convention's official website (red), national government websites (blue), and NGO (Non-Governmental Organization) websites (green). Credit: Environmental Science & Policy (2023). DOI: 10.1016/j.envsci.2022.12.002 A global treaty called the Minamata Convention requires gold-mining countries to regularly report the amount of toxic mercury that miners are using to find and…

Credit: Pixabay/CC0 Public Domain Approximately 52 million square kilometers of the earth surface is made by arid zones, defined as areas where the total amount of rainfall is balanced by evaporation from the surface and natural transpiration of plants. The "right balance" between atmospheric precipitation and water evaporation is essential for soil productivity, a balance that climate change is constantly modifying, with…

Credit: CC0 Public Domain When it comes to making a rapid estimate of ground motion and moment magnitude for an earthquake, using data from Global Navigation Satellite Systems (GNSS) might be a good alternative or addition to data from seismic stations. Researchers were able to compare how well each type of data performed in…