iTWire Update – Australian Owned and Operated

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Hi John,


Finnish telecoms equipment vendor Nokia is planning to lay off 9,000 to 14,000 employees by the end of 2026 to cut costs after the company reported a 20% drop in sales between July and September.

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Nvidia Research has created Eureka, an AI agent that uses a large language model to teach robots complex skills like rapid pen-spinning tricks, or tossing and catching balls at a human level, for the first time.

Chinese smartphone manufacturer Oppo has announced a second foldable device, the Find N3, will be released in Australian soon, following the global release in Singapore. The device will be offered at an RRP of $2699

Australia's number two telecommunications company Optus has switched on new towers in Hill River South, Dongolocking North, and in Cunderdin North as part of the Australian Government’s Mobile Black Spot Program.

The global smartphone market cooled further in the third quarter of 2023, with technology analyst firm Canalys saying it had undergone a fall of 1% year-on-year.

Global shipments of PCs amounted to 64.8 million units in the third quarter of 2023, the technology analyst firm Counterpoint Research says, adding that this represented a 9% year-on-year decline.

And as always there's plenty more today, so for all the news please visit www.itwire.com.

Josh Martinez, newsletter editor, iTWire

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