TechyMag.com - is an online magazine where you can find news and updates on modern technologies


Huawei generated $97.48 billion in revenue and $12.05 billion in profit - business recovers from 2019 U.S. sanctions

In 2023, Huawei Technologies demonstrated the fastest revenue growth in the past 4 years. This was achieved thanks to the recovery of the consumer segment and income from new activities, such as components for smart cars. All this accelerated its rec...

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Canadian school boards sue TikTok, Meta and SnapChat - platforms are interfering with children's lives and education

Four of the largest school boards in the Canadian province of Ontario have initiated legal proceedings against TikTok, Meta, and SnapChat, alleging that social media platforms are disrupting the learning process. The plaintiffs are seeking damages ex...

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Sega has sold Relic Entertainment and will cut 240 jobs at UK studios

The gaming industry continues to be in turmoil. It became known that the company Sega sold the studio Relic Entertainment, which is known as the developer of popular games such as Company of Heroes and Dawn of War. The studio recently developed a new...

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Microsoft has re-united the Windows and Surface teams under the leadership of Pawan Davuluri

Microsoft has appointed Pavan Davuluri as the new head of the Windows and Surface division. After Panos Panay unexpectedly moved to Amazon last year, Microsoft split the Windows and Surface groups under the leadership of two different leaders. Davul...

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America v. Apple: a massive antitrust trial has begun in the U.S.

The US Department of Justice has accused Apple of illegal monopoly in the smartphone market in a new extensive antitrust lawsuit aimed at significantly changing the Apple iPhone. The Department of Justice, along with 16 state and district attorneys ...

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Meta, Microsoft, X (Twitter) and Match Group have spoken out against Apple's intention to charge a 27% fee on payments outside the App Store

Several well-known technology companies have joined Epic Games in opposing Apple's decision to charge a commission for payments on iOS made outside the App Store. Meta, Microsoft, X (Twitter), and Match Group have filed a legal protest, showing suppo...

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Intel to receive $8.5 billion for U.S. manufacturing thanks to the CHIPS and Science Act

According to the CHIPS and Science Act, Intel receives significant government support from the US. Under a preliminary agreement reached with the Department of Commerce, the company can receive up to $8.5 billion in direct government funding. This m...

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Google DeepMind co-founder to lead artificial intelligence division at Microsoft

Mustafa Suleiman joins Microsoft to lead the consumer AI products division, including Copilot, Bing, and Edge. Suleiman will also serve as the executive vice president of Microsoft AI and will join the company's senior leadership team reporting dire...

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Google's search direction has been led by Liz Reid - she previously led artificial intelligence search products

Google Search has a new leader. This business is headed by Liz Reid, who has been working at Google for over 20 years. Recently, she led the search direction based on artificial intelligence, known as Search Generative Experience (SGE). Reid's promo...

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US regulator accuses Musk of trying to 'distort' Twitter takeover investigation

Billionaire suspected of "manipulation" with stocks ahead of Twitter acquisition, where he potentially could have earned around $150 million. The Securities and Exchange Commission (SEC) continues its investigation into Elon Musk's purchase of Twitt...

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Epic is asking for an injunction against Apple's App Store because external payments are still anti-competitive there

Epic Games is not done litigating against Apple. The 2021 decision forced Apple to allow app developers from the App Store to reference external payment systems, and now Epic has filed a motion to the judge to enforce this decision. Epic argues that...

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Disappointing revenue statistics for 30k mobile apps explains why developers continue to push for subscriptions

It is expected that next year mobile application developers will aggressively promote the right to use by subscription. Figures from RevenueCat, which analyzed more than 30,000 applications, show that the majority of them are trying to achieve a reve...

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Larry Ellison enriched himself by $15 billion after Oracle shares soared 12% to a record high

Currently, Allison is among the top five richest people in the world in Forbes rating with a fortune of $157.3 billion. As CNBC reports, Oracle founder Larry Ellison made $15 billion in profit on Tuesday after his software company's shares soared 12...

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OpenAI has called Ilon Musk's accusations "incoherent"

OpenAI stated that there is no Founders' Agreement or any other agreement with Musk, as a response to Elon Musk's lawsuit. The accusations concern the violation of the non-profit organization status, as well as the violation of the founding agreement...

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Former Activision Blizzard boss Bobby Kotick wants to buy TikTok - The Wall Street Journal

He has already presented the idea to potential partners - including OpenAI CEO Sam Altman. The Wall Street Journal reports that former Activision Blizzard CEO Bobby Kotick is interested in buying TikTok, taking into account a new US bill that provid...

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