From Zoom to QB: Tech Winners and Losers of 2020


We stream, we zoom in, order groceries and houseplants online, create virtual villages while navigating laptop shortages and learn from home. In many ways, 2020’s reliance on pandemic-induced isolation technology has thrown us into overdrive, moving away from our real – life connections while bringing digital relationships to the screen.

But for those who change every life Zoom in, At least one is forgotten It’s. See Tech Tech Winners and Losers of the Year here.

Losers:

1) Virtual reality

As the world adjusts to the new narrow reality, there may be an epidemic Virtual reality Chance of escape. With the use of special headsets and accessories such as gloves, the technology allows people to communicate with a 360-degree view of the three-dimensional environment, making it look a better fit for people trapped inside the home.

But people can easily use the software and games they already have. Some people rush to spend hundreds of dollars for a new headset or try to learn the ropes of virtual reality meeting software. And none of the VR games got into the mainstream. So virtual reality, on the brink of success for decades, lost its moment again.

2) Social media election labels

This is the year of the labels Facebook, Twitter, YouTube, And also TickTalk. In the run-up to the November 3 U.S. presidential election, companies promised to curb election misinformation, including fraudulent allegations and candidates’ untimely victory statements. It mostly appears on labels that apply to tweets, posts, photos and videos.

Read a simple label that applies to a tweet by the President that “some or all of the content shared in this tweet is controversial and may mislead about the election or other civil process” Donald Trump.

According to Jennifer Grigill, a professor and social media expert at Syracuse University, many experts say companies seem to be taking action, but “at the end of the day it proves to be very ineffective.

4) Where

A year ago, QB launched the Splash Super Bowl ad, “What is QB?” Begs the question. People may still be scratching their heads.

QB, the smallest for the “quick bite”, has raised 75 1.75 billion (approximately Rs. 12,800 crore) from investors, including major Hollywood players. Disney, NBC Universal, And Viacom.

This service is very difficult to reach viewers as short videos are on the internet and the internet Corona virus The pandemic kept a lot of people in the house. It was announced Closing In October, just a few months after April began.

5) Uber and lift

Still fresh from their initial public offerings earlier in the year and still struggling to show that they are profitable, by 2020 ride-healing services were plagued by epidemics as people stopped taking cars and huddled at home.

May, Uber It laid off 3,700 people, or 14 percent of its workforce. Lift Also announced job cuts.

But there are some signs of hope. Lift said last month that it expects to be in the first profitable quarter by the end of 2021, after significantly cutting costs through restructuring in the second quarter. And companies have had a big success in California, where voters approved Proposition 22, which allowed others to exclude a law that sought to classify their drivers as employees, which analysts felt would hurt their business in the nation’s most populous state.

5) US TickTalk ban

India bans popular video sharing app

Earlier this month, a federal judge blocked a potential ban. This is the latest legal defeat for the administration in its attempt to seize the app from its Chinese owners. Another federal judge in October postponed a scheduled shutdown to November.

Meanwhile, the government deadline for Tiktok parents, Bite Dance To complete the contract contained Oracle And Walmart Investment in Tiktak has also crossed, the status of this deal is unclear.

When elected President Joe Biden Tic Tac Toe is concerned that the Trump administration’s efforts on the ban are not clear on what his administration is doing.

Winners:

1) Nintendo Switch

Even splash in a year from the new console Xbox And Play station, The Nintendo Switch Doable console. Launched in 2017, the switch has been selling fast. It helped by launching the handle Switch light In September 2019.

In March, the switch became harder to find as people explored ways to have fun in their homes. Increasing its popularity is the release of the island-simulation game Animal Crossing: New HorizonsIt launched on March 20 and has now sold 26 million units worldwide, according to Nintendo.

In the first 11 months of 2020, Nintendo Switch sold 6.92 million units in the US, according to NPD Group. It is the best-selling console of units sold for 24 consecutive months.

2) Zoom

All video conferencing software from Microsoft teams To WebX Tens of millions of people thrived during the epidemic during a sudden shift to remote working and school education. But only one became a verb.

Zoom video communications before the pandemic was relatively unknown, but its ease of use allowed it to be widely adapted during the pandemic. There are some increasing pains, including the safety of locks that can lead to “zoom bomb” violations. The company has restored its security and is one of the most popular venues for holding remote meetings and classes.

3) Ransomware Pareware

The ransomware Curse, in which criminals pawn data until victims pay money, will reach legendary dimensions in 2020, COVID-19 Plague. In Germany, a patient escaped from a hospital emergency room, the IT system froze in the attack, and died on the way to another hospital.

In the US, the number of attacks on health care facilities will almost double from 50 in 2019. Attacks on state and local governments have increased by 50 percent to more than 150. Grammar schools have also been hit, with students from Baltimore to Las Vegas shutting down remote learning.

Cybersecurity firm MCSoft estimates the cost of US ransomware attacks in the US alone this year to be between $ 9 billion (approximately Rs. 66,070 crores) between ransom and idle time / recovery.

4) PC manufacturers

Since the start of the year, the personal computer industry has been trying to keep up with the growing demand for machines as delays in their supply chains continue, which was inevitable during an epidemic that kept millions of workers and students at home.

The outbreak initially damaged production as PC manufacturers were unable to get the parts they needed from foreign factories that closed during the early stages of the health crisis.

Those closures contributed to a sharp drop in sales in the first three months of the year. But since then it’s boom times.

The July-September period was particularly strong, with PC exports in the U.S. up 11 percent over the same period in 2019, the largest quarterly sales in a decade in the industry, according to research firm Gartner.

5) E-Commerce

The largest in the bunch, Amazon, Is one of the few organizations that developed during the spread of coronavirus. People turned to it to order groceries, supplies and other items online, helping the company bring in record revenue and profits between April and June. It came despite having to spend $ 4 billion (approximately Rs 29,400 crore) to clean up equipment and pay overtime and bonuses to workers.

But it’s not just Amazon. The pandemic is accelerating the move to online shopping, trend experts say, even after vaccines have allowed the world to resume normal lives. Thanks in part to shoppers who deliberately support small businesses, small U.S. Online sales at retailers rose 349 percent during Thanksgiving and Black Friday. At more than 1 million businesses used Shopify To build their websites, Shopify said sales rose 75 percent from a year earlier to $ 2.4 billion (approximately Rs 17,600 crore) on Black Friday.

Jury concludes:

Big Tech

Facebook, Amazon, Apple, And Google Each company’s stock price and profit from the beginning of the year increased significantly as it did well financially. They gained customers, created new products and features, and continued to hire despite other companies and industries facing significant cuts.

But not everything is going well in the Big Tech world. Regulators are sucking every company’s neck and it is unlikely to lighten in 2021. Google faces one Antitrust suit From the Department of Justice. And one from Facebook was damaged Federal Trade Commission Along with almost every US state trying to break away from it WhatsApp And Instagram.

More cases may follow. Congressional researchers have spent months digging into the actions of Apple and Amazon in addition to Facebook and Google and have called CEOs of four companies to testify.


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(Except for the headline, this story was not edited by NDTV staff and published from a press release)

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