TECHNOLOGY

Microsoft Word, a software that transformed the way people type, turns 40
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The famous software was released on October 25, 1983 before being simplified to Microsoft Word. Copies of the word processing app were bundled in the November issue of the PC World magazine. 
Microsoft’s net income surges 27%, revenue up 13% amid AI push
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The revenue in the PC vertical was $13.7 billion and increased 3 per cent, according to the company.
Snap sees $368 mn net loss as Snapchat reaches 406 mn daily active users
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Jerry Hunter, who was named the chief operating officer just over a year ago, is retiring and not being replaced, the company said late on Tuesday.
Twitter alternative Pebble shuts down amid tough competition
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The micro-blogging startup Pebble (formerly T2), is shutting down and the company said they have run out of time to make Pebble happen, reports TechCrunch.
Giving up on Windows Phone was a mistake, says Microsoft CEO Satya Nadella
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After struggling to sell Windows smartphones as Google's Android and Apple iOS Operating Systems (OS) surged ahead, Microsoft in 2017 had for the first time said that the software giant will no longer develop new features or hardware for Windows 10 mobiles.
Giving up on Windows Phone was a mistake, says Microsoft CEO Satya Nadella
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After struggling to sell Windows smartphones as Google's Android and Apple iOS Operating Systems (OS) surged ahead, Microsoft in 2017 had for the first time said that the software giant will no longer develop new features or hardware for Windows 10 mobiles.
Qualcomm launches AI-based Snapdragon 8 Gen 3 for flagship devices
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The brands that will adopt Snapdragon 8 Gen 3 include Asus, Honor, iQOO, OnePlus, OPPO, realme, Redmi, RedMagic, Sony, vivo, ZTE, and others. Flagship Android devices powered by the latest processor are expected to be available in the coming weeks, the company said.
Apple announces ‘Scary Fast’ product launch just before Halloween
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According to earlier reports, Apple is preparing to reveal updates for the Mac lineup. “You’re invited to watch a special Apple Event online. Tune in at apple.com," the company said in an invite. Apple may be planning to announce a refreshed 24-inch iMac at the event, along with a new MacBook Pro, according to reports.
Spotify reaches 226 mn paid subscribers, returns to profitability
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Net additions of 6 million paid users were 2 million ahead of the guidance, said the company. 
Instagram testing feed only for paid verified users
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Reports surfaced earlier this year that Meta is testing a new subscription service that would let Facebook and Instagram users pay for a verified account. 
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