India now has financial inclusion thanks to Samsung’s digital lending platform

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Financial inclusion in India has been made possible through Samsung’s digital lending platform

According to JB Park, President and CEO of Samsung Southwest Asia, the ‘Make in India‘ digital lending platform, Samsung Finance+, has played a crucial role in enabling millions of Indian consumers to afford their favorite smartphones and participate in the country’s digital transformation. Launched in 2019, Samsung Finance+ has driven smartphone business worth over $1 billion by the end of 2022.

india now has financial inclusion thanks to samsung's digital lending platform
Samsung has offered several affordability options

Park’s vision for India was to democratize technology and make it more affordable for consumers. It has offered several affordability options, allowing customers to get 5G smartphones for just Rs 44 per day or Rs 1,320 per month. The company aims to conduct about 75% of its smartphone business through 5G devices this year, after leading the Indian market in 5G smartphone shipments last year.

Finance+ was introduced as the world’s first digital lending platform with instant offers for Galaxy smartphone buyers. Developed in India at the R&D Institute Bangalore, the platform allows consumers with no credit history to obtain loans for purchasing Galaxy smartphones. In its fifth year, Finance+ has expanded to 70,000 stores, significantly contributing to the smartphone business.

JB Park also expressed amazement at India’s rapid digital transformation through smartphones over the years. It’s’Galaxy Unpacked’ event is scheduled for July 26, during which the company will unveil new foldables and other devices.

Google Docs will now automatically include line numbers

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Google Docs will now incorporate line numbers automatically

Google has introduced a new feature in Google Docs that automatically displays line numbers for documents set to paged mode. These line numbers are automatically calculated and appear next to each line in the document. Users have the flexibility to configure line numbers for the entire document, a specific page, or a particular section, and they will be preserved when printing.

google docs will now automatically include line numbers
Google Docs that automatically displays line numbers for documents

The addition of line numbers aims to facilitate easier referencing of specific content positions in documents, especially when collaborating with others on lengthy or complex content.

The feature is being rolled out to all Google Workspace customers and users with personal Google Accounts. It does not have any admin control, meaning all users will have access to it.

In addition to this update, Google has also recently introduced the ‘Alt text’ option in the ‘Image options’ sidebar of Docs, Sheets, Slides, and Drawings. Furthermore, the “first open experience” in Docs on Android devices has been revamped to start in edit mode, providing a more streamlined and efficient user experience.

Earlier, in June, Google made ‘paginated mode’ the default setting on Docs for Android, which incorporates pages and page breaks in the app for a more cohesive visual design between the web and mobile versions.

The ideal companion for today’s kids is the realme Pad 2.

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For today’s youth, the realme Pad 2 is most suitable.

The realme Pad 2 is designed with the same commitment and passion as the brand’s cutting-edge smartphones. It promises to elevate the tablet experience without a change in price, delivering breakthrough technology and user-centric features.

the ideal companion for today's kids is the realme pad 2.
providing smooth and clear visuals for high-quality videos

To cater to the diverse needs of the young generation, realme has collected valuable feedback from users across the country, ensuring that it meets the preferences and requirements of its customers. The tablet also reflects the brand’s mission of making cutting-edge technology accessible to all, including students who can benefit from educational discounts, making it more affordable for academic purposes.

The realme Pad 2 boasts impressive features, including a segment-leading 120Hz 2K Super Display, providing smooth and clear visuals for high-quality videos. Its screen-to-body ratio of 85.2% offers an immersive visual experience, setting a new standard in its segment.

With a powerful 8360mAh battery and 33W fast charging support, users can enjoy extended usage without worrying about running out of power. The tablet also features ample storage options, with configurations of up to 8GB+256GB, and innovative Dynamic RAM Expansion technology for seamless multitasking and smooth performance.

On the software front, the realme Pad 2 is the first tablet to come with realme UI 4.0 based on the latest Android 13, offering a clean, customizable, and feature-rich interface for a delightful user experience.

Realme’s commitment to technological innovation and customer satisfaction positions the realme Pad 2 as a game-changer in the tablet market. It aims to redefine the tablet experience and leave a lasting impact on its users, whether they use it for entertainment, education, or productivity.

For students, there is an additional discount of INR 500 available on all variants of the realme Pad 2, further making it an attractive option for academic use.

As realme continues its journey of relentless innovation, the realme Pad 2 represents a significant milestone for the brand, empowering the youth and making cutting-edge technology accessible to all. With its high-end features and user-centric design, the realme Pad 2 is ready to shape the future of tablets and provide a leap forward in the world of technology.

Spotify increases the cost of its premium membership services globally

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Spotify raises the price of its premium membership services across all countries.

Spotify, the popular music streaming service, has announced that it will be raising its premium subscription prices in several markets worldwide. The company stated that the decision to adjust the prices comes as the market landscape continues to change, and they aim to keep innovating and delivering value to both fans and artists on their platform.

spotify increases the cost of its premium membership services globally

Spotify will also be adjusting prices in 53 other countries

In the United States, the Premium Individual plan will now cost $10.99, up from $9.99, and the Premium Duo plan will increase to $14.99 from $12.99. The Premium Family plan’s price will be raised to $16.99, up from $15.99, while the Student plan will cost $5.99, up from $4.99.

The price increases are not limited to the US; Spotify will also be adjusting prices in 53 other countries, including Canada, France, the UK, Mexico, and Australia. Existing subscribers will be informed about these changes through email and will have a one-month grace period before the new prices take effect.

It’s worth noting that other music streaming services have also made similar moves. Last fall, Apple Music raised its subscription fee for individuals to $10.99 per month, and Amazon Music Unlimited increased its monthly rate to $10.99 for non-Prime members. Recently, Google-owned YouTube also raised the price of its Premium individual plan by $2 in the US for both new and current customers, bringing it to $13.99 per month instead of $11.99.

Google Assistant might start summarising websites shortly

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Google Assistant might soon summarise websites

Google is reportedly developing a new feature for Google Assistant that will allow users to summarize web pages. This upcoming feature, spotted in the latest Google app beta (version 14.29), will be called “Summarise.” When users are browsing the web using Chrome directly or when an app opens a webpage in a Custom Tab, the Summarise option will appear when Google Assistant is invoked. Users can also directly request a summary by saying, “Summarise this.”

google assistant might start summarising websites shortly
Summarise option will be one of the first AI-powered features for Google Assistant

It is not yet clear if this feature will be exclusive to Google Pixel devices upon its release. The Summarise option will be one of the first AI-powered features for Google Assistant, making use of modern generative artificial intelligence technology.

In recent updates, Google introduced two new voices, Lime and Indigo, for its virtual assistant software application. However, the company reportedly deprioritized its plans to launch an AI-powered mobile chatbot application called ‘Bubble Characters’ designed for Gen Z users. This means that development work on the app has ceased after it was in progress since Q4 of 2021. The app was supposed to feature interactive digital characters capable of engaging in human-like conversations and taking action, catering specifically to Gen Z users.

Apple has now joined the AI race with a ChatGPT-like AI chatbot.

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Apple is now competing in the AI space with a ChatGPT-style AI chatbot.

In order to compete with OpenAI ChatGPT, Microsoft, Google, and Meta, Apple is said to have entered the generative artificial intelligence (AI) competition by developing what is being described to as the “Apple GPT” internally.   According to Mark Gurman of Bloomberg, the iPhone manufacturer has developed its own AI framework, code-named “Ajax,” to generate extensive language models.

apple has now joined the ai race with a chatgpt-like ai chatbot.
the search engine’s machine learning framework

According to reports, Ajax utilises Google JAX, the search engine’s machine learning framework, and operates on Google Cloud.  Apple is using Ajax to build substantial language models that will be the basis for an internal OpenAI -style tool.

The business did not respond right away to the report. The chatbot is reportedly being used by Apple engineers to assist with product prototyping. Bing AI, ChatGPT, and Bard are comparable to it.

50K people can now join a Google Chat room

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Up to 50K users can now participate in Google Chat rooms.

Google has recently announced that it is increasing the maximum number of members allowed in a Google Chat space to 50,000, up from the previous limit of 8,000. This change is aimed at facilitating better connectivity and a sense of belonging within organizations, enabling larger communities and support-related spaces.

50k people can now join a google chat room
Google has introduced the ability to easily search for members within a space.

Additionally, Google has introduced the ability to easily search for members within a space. If a member is present, their role can be changed, and if a member is not present, they can be added to the space.

These features are available to all Google Workspace customers and do not have admin control. The company had previously rolled out features for space managers, including the ability to control whether members can add or remove other members or groups to a space, as well as options for space configuration and conversation moderation.

Furthermore, Google recently introduced a new media viewer for Google Chat on Android devices, aiming to enhance the media browsing experience. The update includes a shared media option, allowing users to quickly browse through all media shared in a Chat conversation, accessible from both the conversation and the full-screen view of each media item.

Samsung continues to lead the world’s smartphone market

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In the worldwide smartphone market, Samsung continues to lead.

According to a recent report by Canalys, Samsung remains the dominant player in the global smartphone market with a 21% market share, while Apple holds the second position with a 17% share in the second quarter of this year (Q2).

However, the overall global smartphone market experienced an 11% decline year-on-year in Q2 due to subdued demand, which also affected leading companies like Samsung and Apple, leading them to reduce their sell-in during the same period.

samsung continues to lead the world's smartphone market
the global smartphone market with a 21% market share

Despite the decline in smartphone shipments for the top two companies, the report indicates signs of improvement in the smartphone market as most vendors’ inventory returns to healthier levels and macroeconomic conditions stabilize. Xiaomi secured the third spot with a 13% market share, benefitting from the recovery in supply for its newly launched Redmi series.

OPPO, including OnePlus, secured the fourth position with a 10% market share, driven by a strong performance in core markets in the Asia Pacific region. Vivo ranked fifth with an 8% market share, attributed to the successful launch of its new Y-series smartphones.

Analysts from Canalys are optimistic about early signals of recovery in the smartphone market after six consecutive quarters of decline. They note that vendors are preparing for market recovery in the future, continuing to invest in manufacturing and focusing on emerging markets like Southeast Asia and India, which are expected to contribute to sustainable growth.

The report emphasizes the importance of smartphone vendors staying agile to respond to new market signals and allocate resources effectively. It also mentions upcoming players in the Android market, such as Transsion and Honor, who are determined to act swiftly in product refreshment and strategic go-to-market tactics to gain market share.

GPT-4 can assist with data mining for building sector energy management.

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GPT-4 can aid data mining for energy management in the construction industry.

A team of researchers from China and the Netherlands has developed an innovative solution using OpenAI’s GPT-4 to automate data analysis for building energy management. The study, conducted by Eindhoven University of Technology and Zhejiang University, demonstrated GPT-4’s ability to generate codes that forecast building energy loads and identify device faults by analyzing operational data.

gpt-4 can assist with data mining for building sector energy management.
accessible approach to data-guided building energy management.

The research showed that GPT-4 could accurately predict energy load and provide reliable explanations for fault diagnosis and anomaly detection. By automating coding and data analysis tasks, GPT-4 offers a cost-effective and accessible approach to data-guided building energy management. The study, published in the journal Energy and Built Environment, represents a breakthrough in the field and highlights GPT-4’s potential for customized data mining solutions in building energy management. The researchers encourage further exploration of GPT-4’s capabilities to make building energy management smarter and more efficient in the future.