Weekly Tech Wrap: iPhone 15 May Get Delayed, Netflix Gets Strict On Passwords, More Top News

Weekly Tech Wrap: iPhone 15 May Get Delayed, Netflix Gets Strict On Passwords, More Top News

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From the much-awaited iPhone 15 getting delayed to Twitter facing a brand new lawsuit over unpaid severances — the world of tech was dominated by these headlines over the past week. Let’s take a closer look.

iPhone 15 Launch Delayed?

As per a recent report from Bank of America (BoA), there is a possibility of a delay in the release of the upcoming iPhone 15 line. Wamsi Mohan, a renowned global securities analyst at BoA, has indicated that the official unveiling of the iPhone 15 series might be pushed back by a few weeks, leading to a potential launch in October instead of the usual September timeframe. Mohan’s research note, shared with Barrons, suggests that the launch could potentially occur in the fourth quarter (Q4) of 2023.

Click here to read our full report

Netflix Stops Password Sharing In India

In a notable move targeted at India, Netflix has introduced a new policy to curtail password sharing and restrict account access solely to members of a “Household.” This initiative is part of a broader worldwide effort to clamp down on password sharing beyond immediate family members. The primary objective behind this decision is to enhance revenue generation, especially after a challenging period the company faced last year. Netflix had previously declared its commitment to tackle this issue in May, and the outcomes thus far have been promising.

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The streaming giant reported a notable increase in subscriptions, with nearly six million new users signing up in response to the password-sharing restrictions. As a result, Netflix now boasts a staggering total of 238 million subscribers worldwide and achieved an impressive profit of $1.5 billion in the most recent quarter.

Click here to read our full report

Thinner Galaxy Foldables Expected

As we approach the eagerly awaited Galaxy Unpacked event, Samsung is gearing up to reveal its next-generation foldable smartphones. Excitingly, a high-ranking Samsung executive has shared some crucial insights into the upcoming Galaxy Z Flip 5 and Galaxy Z Fold 5 ahead of the official Unpacked launch. According to TM Roh, President and Head of MX Business at Samsung Electronics, the company has made significant advancements in foldable smartphone ergonomics, setting new standards in this domain.

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In recent weeks, the portability of Samsung’s foldable phones has garnered considerable attention, especially following the release of Google’s first-ever foldable phone, the Google Pixel Fold. While there are notable similarities between the Galaxy Z Fold 4 and the Pixel Fold, it’s worth noting that the latter is 0.2 inches thinner, distinguishing it from Samsung’s offering.

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Twitter Sued… Again

Twitter is currently encountering its second lawsuit this month, where it is being accused of owing more than $500 million in severance pay to former employees. The legal proceedings were initiated as a proposed class action and filed in the Delaware federal court by Chris Woodfield, a former senior engineer at Twitter. The lawsuit alleges that the company engaged in the discriminatory practice of specifically targeting older workers for layoffs, which sets it apart from the other ongoing cases. 

Click here for the full report

UN Taking AI Seriously

On Tuesday, the United Nations Security Council held its first-ever meeting to discuss the subject of artificial intelligence (AI). During the meeting, China raised apprehensions regarding the potential risks of AI becoming an unmanageable force, while the United States issued a warning against its misuse for purposes such as censorship or oppression.

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That’s it from the world of tech headlines this week. Stay tuned to this space for more top stories next week.

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