Latest news with #techcompany
The National
14 hours ago
- Business
- The National
Nothing Phone (3): UAE release date, price and everything else you need to know
UAE residents will be among the first in the world to get their hands on the new Nothing Phone (3), with limited units available from July 12 in Dubai. The early sale at Dubai Mall precedes the phone's global release on July 15 and pre-orders will start on July 4. The Phone (3) is the latest device from London tech company Nothing, marking its move into the flagship category. With a global starting price of $799 (around Dh2,930), the device is expected to compete with premium phones from Apple and Samsung. For everyday users, the most noticeable change is the new 'glyph matrix', a dot-matrix display on the back of the phone made with tiny LEDs. It lights up to signal calls, texts, timers and games and is aimed at helping people reduce screen time. The phone runs on the Nothing operating software (OS) 3.5 and features a new interface called Essential Space, which displays tools such as the calendar, reminders and recordings on the home screen. It runs on Android 15 and Nothing promises five years of updates and seven years of security support. In terms of features, the Nothing Phone (3) offers four 50MP cameras with zoom and wide-angle lenses. It also has a high-resolution screen, fast charging and IP68 water and dust resistance that aims to make it more durable in hot or dusty environments. The company is yet to reveal details about local pricing and telecom partnerships, but based on previous launches, the device is expected to be available through Amazon, Noon, Sharaf DG, Jumbo and Virgin Megastore from July 15. Nothing chief executive Carl Pei said in a LinkedIn post that the company doubled its sales in 2024, surpassing $1 billion in cumulative revenue and selling more than 7 million products. He added that Nothing was the fastest-growing smartphone brand in India, recording 577 per cent year-on-year growth, which is a signal of the company's expanding global reach, including increasing interest in the Middle East.
The National
15 hours ago
- Business
- The National
Nothing Phone (3) available in the UAE from July 12
UAE residents will be among the first in the world to get their hands on the new Nothing Phone (3), with limited units available from July 12 in Dubai. The early sale at Dubai Mall precedes the phone's global release on July 15 and pre-orders will start on July 4. The Phone (3) is the latest device from London tech company Nothing, marking its move into the flagship category. With a global starting price of $799 (around Dh2,930), the device is expected to compete with premium phones from Apple and Samsung. For everyday users, the most noticeable change is the new 'glyph matrix', a dot-matrix display on the back of the phone made with tiny LEDs. It lights up to signal calls, texts, timers and games and is aimed at helping people reduce screen time. The phone runs on the Nothing operating software (OS) 3.5 and features a new interface called Essential Space, which displays tools such as the calendar, reminders and recordings on the home screen. It runs on Android 15 and Nothing promises five years of updates and seven years of security support. In terms of features, the Nothing Phone (3) offers four 50MP cameras with zoom and wide-angle lenses. It also has a high-resolution screen, fast charging and IP68 water and dust resistance that aims to make it more durable in hot or dusty environments. The company is yet to reveal details about local pricing and telecom partnerships, but based on previous launches, the device is expected to be available through Amazon, Noon, Sharaf DG, Jumbo and Virgin Megastore from July 15. Nothing chief executive Carl Pei said in a LinkedIn post that the company doubled its sales in 2024, surpassing $1 billion in cumulative revenue and selling more than 7 million products. He added that Nothing was the fastest-growing smartphone brand in India, recording 577 per cent year-on-year growth, which is a signal of the company's expanding global reach, including increasing interest in the Middle East.
CTV News
25-06-2025
- Business
- CTV News
BlackBerry posts Q1 profit, revenue down as it bought back US$10M of shares
The Blackberry logo located in the front of the company's B building in Waterloo, Ont. on Tuesday, May 29, 2018. THE CANADIAN PRESS/Andrew Ryan BlackBerry Ltd. reported a net profit of US$1.9 million during the first quarter, compared to a net loss of US$41.4 million a year earlier. Its profit during the quarter amounted to zero cents US per share, compared with a loss of seven cents US per share during the same period last year. The Waterloo, Ont.-based tech company, which keeps its books in U.S. dollars, saw its adjusted net income come in at US$12.3 million in the first quarter, compared with a loss of US$14.3 million during the same period last year. Total revenue came in at US$121.7 million during the quarter, down from US$123.4 million the previous year. BlackBerry CEO John Giamatteo said in a press release that its QNX and secure communications divisions beat expectations on both the top and bottom lines. He added that the company executed US$10 million of share buybacks during the quarter.
Wall Street Journal
21-06-2025
- Wall Street Journal
The $1,999 Liberty Phone Is Made in America. Its Creator Explains How.
It is possible to build a smartphone in the U.S. right now. But it won't be as sleek or as powerful as an iPhone, and it will cost a lot more. Todd Weaver's company, Purism, developed the Liberty Phone, the closest anyone has gotten. It has specs that would have been more impressive a decade ago, and it costs $1,999.
Yahoo
15-06-2025
- Business
- Yahoo
Same Role, Same Experience—One Tech Worker Found Out Colleague Made Nearly Double The Money. It Could End Up Badly For One Of Them
A tech employee recently discovered a jaw-dropping pay gap between them and a colleague with the same title and similar experience. While they earn $60,000 a year, their coworker, 'John,' makes $115,000. The two work at a large tech company, and the disparity sparked a flood of advice and opinion on Reddit. The original poster explained that they lead two teams—including one that the poster built from scratch—while John is just a member of one. They have been at the company for two years; John has been there for three. The key difference is that John came from a startup that was acquired by the tech giant, keeping his original salary intact. The poster, on the other hand, was hired post-merger through a staffing agency. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can 'He was hired as part of a startup that was bought by this tech company,' OP wrote. 'As such, his higher pay carried over after the merge. I was hired after the merge through a staffing agency.' OP later updated the post to add: 'I found out today that the company is trying very hard to find a reason to get rid of John, which is at least partially because he makes so much. Maybe our pay difference was for the best lol!' This revelation added a surprising twist to the situation. While OP may be underpaid, John's inflated salary appears to have made him a target. Many companies are always looking for ways to cut costs. If they think someone is overpaid and replaceable, some start building a case to get rid of them. What started as a frustrating realization for OP might ultimately end in job loss for John. The title of 'highest-paid peer' can sometimes come with a bullseye. Trending: Invest where it hurts — and help millions heal:. Commenters were quick to point out a harsh truth: negotiating power is everything. 'Apply to another job and get an offer. Use that offer to negotiate higher pay at your current job. Then—maybe—take the new job, it might be time to move in a new direction,' one commenter advised. Another added, 'There is no maybe. Take the new job.' Many echoed the same idea: internal raises tend to be small, and significant jumps usually come by switching employers. Others cautioned that bringing up John's name directly in negotiations would be a mistake. 'Try to negotiate a raise and don't bring John up in any way, shape or form,' someone warned. 'You now know how high the ceiling is and they don't know that you know. Use that to your advantage.'Many highlighted how hiring timing and negotiation skills play a bigger role than job performance. John kept a premium salary due to his previous startup role, while OP started at the lower end because of agency involvement and timing. '60k in tech is low, and that has nothing to do with the 'pay gap,' it's just low, period,' one compensation expert wrote. 'You should be looking and interviewing, and the same would be true if you didn't have a better-paid colleague.' Some speculated that John's days may be numbered. 'If they had someone that they thought was capable of doing John's job for $60k, they would fire John today and hire that person,' a person foreshadowed what could happen before the post was updated. The overwhelming consensus is not to count on your company to fix pay discrepancies. Use market research, get external offers, and be willing to leave. 'You're only as valuable as someone is willing to pay you,' one person summarized. Read Next: Here's what Americans think you need to be considered wealthy. Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Same Role, Same Experience—One Tech Worker Found Out Colleague Made Nearly Double The Money. It Could End Up Badly For One Of Them originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
