iPhone Maker Foxconn Buys Land Near Bengaluru Airport
Foxconn, the biggest supplier and maker of Apple iPhone parts, has bought 300 acres of land in Bengaluru, months after signing an MoU with the Karnataka government to invest in the state. In filings with the London Stock Exchange (LSE), Hon Hai Precision Industry informed that its subsidiary Foxconn Hon Hai Technology India Mega Development on May 9 purchased land for approximately Rs 300 crore ($37 million) in the Bengaluru rural district of Karnataka, says a report by Moneycontrol. The land is located in Devanahalli, which is situated near the Kempegowda International Airport on the outskirts of Bengaluru. The move comes as the Taiwanese electronics manufacturer looks to diversify production away from China.
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Poco F5 Launched In India Today
Handset maker Poco on Tuesday launched its much-anticipated Poco F5 smartphone in India and its price starts at Rs 29,999, which makes it a mid-range Android smartphone. The company also launched Poco F5 Pro 5G smartphone in select global markets on May 9. The vanilla Poco F5 is said to be a rebrand of the Redmi Note 12 Turbo. At this price point, the device competes with the likes of the Iqoo Neo 7 and Xiaomi Redmi Note 12 Pro Plus 5G. The Poco F5 5G is also available in another storage model for Rs 33,999 for 12GB RAM/256GB storage. There is an introductory offer under which the base model will be available for Rs 26,999 while the 12GB RAM model will be available for Rs 30,999. The Poco F5 5G comes with a one-year warranty in the country. The device will go on sale on e-commerce site Flipkart on May 16 in three colours: Carbon Black, Electric Blue and Snowstorm White.
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MWC Organiser GSMA Slapped With €200,000 GDPR Fine
GSMA or the GSM Association, which is a non-profit industry organisation that represents the interests of mobile network operators globally, has been slapped with a GDPR fine of €200,000 (~$224k) by Spain’s data protection watchdog for breaching privacy rules during Mobile World Congress (MWC) 2021 edition, media reports say.
GSMA, the organiser of MWC has been penalised over a breach finding that relates to biometric data collection by the body on show attendees, including for a facial recognition system it implemented (called BREEZZ), which offered attendees the option of using automated identify verification to enter the venue in person rather than manually showing their ID documentation to staff, says a report by TechCrunch.
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Twitter Will Archive Inactive Accounts
In a recent tweet, Twitter CEO Elon Musk revealed that the microblogging platform will take measures to address inactive accounts that have remained dormant for an extended period of time. The company will archive such accounts. Musk emphasised the importance of freeing up abandoned handles and announced that these inactive accounts would be removed from the platform. However, specific details regarding the timing of this process were not provided by Musk. At present, it remains unclear how users will be able to access these archived accounts, if at all. Twitter has not disclosed any information on this matter, leaving users in anticipation of further updates.
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LinkedIn Lays Off 716 Employees, Shuts China App
LinkedIn, a Microsoft-owned company, has laid off 716 employees, as the company makes changes to its Global Business Organisation (GBO), along with shutting down its InCareer app in China, reported by IANS. The company's CEO Ryan Roslansky said in an email to employees that the move was aimed at streamlining the company's operations. According to the report, Roslansky admitted that while the platform is making meaningful progress creating economic opportunities for its members and customers and experiencing record engagement on the platform, "we're also seeing shifts in customer behaviour and slower revenue growth".
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