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Google fined $162 mn by Indian watchdog over market dominance 

Google has been fined more than $160 million by India's anti-trust watchdog after a probe found the tech behemoth was abusing its commanding position in the local smartphone market.

The company's Android mobile operating system is by far the dominant player in India and is run on 95 percent of all the country's smartphones.    

Smartphone sales sag as consumers delay purchases: report

Global smartphone sales have slumped this year amid a "gloomy economic outlook," prompting people to spend money on essentials instead of the latest gadgets, according to a market tracker.    

Smartphone sales in the recently ended quarter were nine percent less than in the same period a year earlier, hitting a low not seen since 2014, according to research firm Canalys.    

Trump social media platform faces money woes, modest following

Signs are growing that Donald Trump's social media platform Truth Social is in financial trouble, with just a modest following six months after launching.    

Fox Business Network reported on Aug. 25 that the platform has halted payments to the company that hosts it, RightForge, and owes $1.6 million.        

Apple warns of security flaw for iPhones, iPads and Macs

Apple disclosed serious security vulnerabilities for iPhones, iPads and Macs that could potentially allow attackers to take complete control of these devices.

Apple released two securityreports about the issue on Wednesday, although they didn't receive wide attention outside of tech publications.

Saudi Aramco unveils record $48.4 billion profit in Q2

Oil giant Saudi Aramco yesterday unveiled record profits of $48.4 billion in the second quarter of 2022, after Russia's war in Ukraine and a post-pandemic surge in demand sent crude prices soaring.    

Net income leapt 90 percent year-on-year for the world's biggest oil producer, which clocked its second straight quarterly record after announcing $39.5 billion for Q1.    

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