Tag: Amazon Luna
Tech Digest daily roundup: Tesla profits drop by a quarter after price cuts
Tesla has reported a drop in first-quarter earnings as price cuts at Elon Musk’s electric vehicle company boosted demand but hit profit margins. Profits came in at $2.5bn, down by 24 percent from the year-ago period on revenues of $23.3bn, which were up by 24 percent. Shares fell on the results, which were in line…
Tech Digest daily roundup: TikTok ditches 3 minute video limit
TikTok is to ditch its three minute limit on videos and will soon allow all users to upload clips up to 10 minutes long, the Chinese social network has confirmed. It brought in the existing limit in July 2021, upping it from 60 seconds, having initially expanded it from the original 15 seconds. The app…