Video game platform Roblox has confidentially filed for an IPO, according to a company statement to Bloomberg.
The number of shares and price for the offering weren’t revealed.
Last week, Reuters reported that Roblox would seek an $8B valuation, double the valuation during a $450M private investing round in February.
Roblox makes freemium games and operates Roblox Studio, a free game creation system that competes with recently listed Unity Software (NYSE:U).
Previously: Unity competitor Roblox considering U.S. IPO – Reuters (Oct. 01 2020)
- A Poco executive has apparently claimed that a true Poco F1 successor is on the way.
- The representative also addressed criticism of the brand’s rebranding strategy.
- Poco will reportedly continue to offer rebranded devices in the future.
The Poco F2 Pro is one of the best affordable flagships in 2020, coming as a rebranded version of the China-only Redmi K30 Pro. Nevertheless, we thought it made all the right compromises for the price.
Still, the $500 price means that the Poco F2 Pro is significantly more expensive than the ~$300 Poco F1 launched back in 2018. Now, Poco country director Anuj Sharma has confirmed to The Indian Express that the Poco F2 Pro isn’t coming to India.
Furthermore, the Poco exec said a real successor to the Poco F1 is indeed coming:
The Poco F1 was a device that changed the market and consumers expect the same from the successor. The Poco F2 Pro isn’t that device. We are working to bring a true successor to the Poco F1 but it will take time for us to develop it.
The quote suggests that we could see a Poco F1 successor with a similarly disruptive price as the original Pocophone. But pricing could be a bigger challenge than ever before, as we’ve seen a big jump in flagship phone pricing in 2020. This is mainly attributed to the high cost of 5G and the price of Qualcomm’s Snapdragon 865 silicon. We’ve also seen the rise of multi-camera setups, adding up to even more dollars on the bill of materials.
In saying so, it’s theoretically possible that a full-blown Poco F1 successor could launch in 2021, when 5G costs are expected to come down somewhat. We’re also not expecting a big price hike for the upcoming Snapdragon 875, while some leaks point
Apple has revealed it will be holding its second fall special event on October 13, one that is anticipated to feature the launch of the “iPhone 12” generation, as well as other products like “AirTags.”
Following the same pattern as the earlier “Time Flies” announcement, Apple said on Tuesday that it will be holding a second special event on October 13 at 10 A.M. Pacific time. As with the first event and WWDC, it will be a virtual affair that takes place over a video stream.
After the success of Apple’s WWDC keynote and the “Time Flies” presentation, it is highly likely the upcoming event will follow a similar heavily-produced style, a video made in advance by Apple. Normally iPhone events occur on stage with a large live audience, but the issues of COVID-19 social distancing makes such an event difficult to adequately produce.
AppleInsider will be covering the event live, providing full analysis during and after the event, and will include details of all of Apple’s product launches.
What to expect at the event
The “iPhone 12” generation is rumored to be made up of the 5.4-inch “iPhone 12,” the 6.1-inch “iPhone 12 Max,” the 6.1-inch “iPhone 12 Pro,” and the 6.7-inch “iPhone 12 Pro Max.” Aside from the name, the Pro models are expected to have better displays, supporting 120Hz ProMotion and 10-bit color.
On the back, the standard models will probably use 12-megapixel ultra-wide and wide-angle cameras, while the Pro adds on a telephoto lens. There have also been rumors of the inclusion of a LiDAR sensor on the back of the Pro models, giving it similar depth mapping capabilities as the iPad Pro.
Video capabilities across the board are expected to be
Microsoft’s Teams had a very busy September adding a host of new features. Now, the firm is looking to improve the performance of its Teams service as it continues in the battle to beat Zoom in the video conferencing space.
In an update detailing the features added in September, Microsoft explained how it was trying to improve Teams’ performance as a large proportion of the workforce continue to work from home.
Microsoft says it’s working to ensure businesses and schools “have a high-performance experience that scales across their devices and levels of internet connectivity.”
Performance improvements in Teams
For times when there is limited network connectivity, Microsoft is working on enabling offline support in Teams so users can write messages offline and these can be automatically sent when connectivity is re-established. It’s already possible to run the desktop client on Windows and macOS in environments with limited bandwidth or without a network connection.
Meanwhile, Microsoft says it has boosted Teams’ desktop launch time on Windows and macOS by up to 30% and is making changes to video rendering. At the same time, Microsoft is optimizing battery life for Teams iOS users in a move aimed to help support Firstline Workers and those away from their desktops throughout the day. In addition, Microsoft says it’s optimizing the Android Teams app for low bandwidth environments.
New features to beat Zoom
The improvements to performance come hot on the heels of some major Teams feature updates during September as Microsoft looks to leapfrog Zoom in the
In iOS 14, iPhone owners have received one of the best generational upgrades in years, but it is far from bug free. And now Apple has just confirmed a number of serious problems for upgraders.
In an official post, Apple reveals seven significant data and battery-related problems with iOS 14 and watchOS 7, and the company states the only fix is to “erase all content and settings from your iPhone”.
Breaking these down, Apple classifies six as related to its Activity, Health and Fitness apps as well as the broader problem of “Increased battery drain on your iPhone or Apple Watch.” The latter will not be a surprise to anyone who has seen the growing number of complaints directed at the company’s @AppleSupport Twitter account since iOS 14 was released. Some examples:
“@AppleSupport Whoa. iOs 14.0.1 major battery drain, days later. Whyyyyyyyy? Sigh. Hate having to recharge mid-day again.” – source
“@AppleSupport … good grief! iOS 14.0.1 … the battery life drain … you’re killing me with this. My brand new phone and I can’t take [it] anymore!” – source
“The battery drain with the iOS 14 update is ridiculous, feel like I shouldn’t have done it. comeeee on @Apple @AppleSupport” – source
“The battery drain is unbelievable in iOS 14. Do something @AppleSupport @Apple” – source
“@AppleSupport Updated iOS 14 on iPhone major battery drain and overheating. Pls help?” – source
On the plus side, Apple’s belief that these problems can be fixed