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Samsung Galaxy S21 launch: 10x superzoom camera phone unveiled | Samsung



Samsung is attempting to fully replace high-end cameras and out-zoom its smartphone competition with the new Galaxy S21 Ultra, the firm’s first to feature a large 10x optical zoom.

Announced as part of the company’s Unpacked live-streamed event, the new £1,149 Android superphone has two different optical zoom lenses for switching between 3x and 10x magnification. It leads Samsung’s Galaxy S21 line for 2021 which also includes two smaller and cheaper models.

The phones each have 20% faster processors than the S20 series last year, up to 16GB of RAM and 512GB of storage, plus faster fingerprint scanners in their screens.

Galaxy S21 Ultra

galaxy s21 ultra
The Galaxy S21 Ultra has a new quad-camera system on the back with two separate telephoto cameras for 3x and 10x optical zoom. Photograph: Samsung

The Galaxy S21 Ultra is the largest of the bunch with a 6.8in 120Hz OLED screen, a big battery, and a glass and metal body with a new camera cluster design that wraps around the side of the device.

It is the quad camera system that sets the phone apart from the competition. It has an ultra-wide camera, a 108-megapixel main camera and two 10-megapixel telephoto cameras with differing lengths of optical zoom – a first for the company and rivalling Huawei’s P40 Pro Plus from last year.

One camera has a 3x optical zoom for photographing objects that are relatively close, while a second camera has a 10x optical zoom lens for extended magnifications. Samsung’s digital “Space Zoom” system then takes the magnification up to 100x.

The camera system can also shoot 4K video at 60 frames a second across all lenses for the first time, something rival Apple has made a headline feature of its iPhone in recent years.

“Apple regularly sets the benchmark for photography and video on smartphones, but one area where Samsung has a competitive edge is zoom capabilities on its cameras,” said Ben Wood, chief of research at CCS Insight. “It is good to see further improvements to Samsung’s Space Zoom feature and as well as 3X optical zoom on the S21/S21+ and 10X optical zoom on the S21 Ultra.”

The S21 Ultra is also the first in the S-line to be compatible with the S Pen stylus, something previously reserved for Samsung’s largest Galaxy Note and tablet lines.

Galaxy S21 and S21+

Galaxy S21+
The Galaxy S21+ has a 6.7in screen making it larger than the standard S21 but smaller and cheaper than the S21 Ultra. Photograph: Samsung

Sitting below the Ultra, the S21 and S21+ have 6.2in and 6.7in 120Hz OLED screens. The smaller models also feature Samsung’s new camera cluster design but they only have triple cameras on the back with ultra wide, main and one telephoto lens.

All three new phones will be available from 29 January with the Galaxy S21 costing from £769 and the S21+ from £949.

Galaxy Buds Pro

Galaxy Buds Pro
The Galaxy Buds Pro add active noise cancelling and improved audio to Samsung’s popular true wireless earbuds. Photograph: Samsung

Alongside the phones, Samsung also announced a new set of its well-received and popular true wireless earbuds. The Galaxy Buds Pro merge the design of the Galaxy Buds+ and the recent Galaxy Buds Live creating fairly small earbuds with traditional silicone ear tips and a small charging case.

The earbuds have active noise cancelling, separate 11mm woofer and 6.5mm tweeter speakers and IPX7 water resistance. They support seamless switching and spatial audio virtual surround sound with Dolby Head Tracking technology, similar to that offered by Apple with its AirPods Pro. They last up to 18 hours with noise cancelling active and are made of 20% recycled materials.

The Galaxy Buds Pro will cost £219 available from the 29 January.

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Wall Street Firms Take GameStop Losses, Admit Defeat To Redditors




Two of the major hedge funds targeted by investors on Reddit pushing up the stock price of GameStop have waved expensive flags of defeat and sold out of their investments, losing millions of dollars.

On Wednesday, the stock price of GameStop (GME), the mall retailer for video games, soared 134%, a staggering increase of 748% in just one week after Reddit investors launched a chaotic short squeeze attack to increase the price and screw over major investors.

Wall Street hedge funds, including Citron Research and Melvin Capital, had shorted the stock, meaning they bet against it and needed it to drop in price in order for their investments to be successful.

The meeting place for the internet investors, popular subreddit r/WallStreetBets (WSB), gained an extra million members in just one day as its GameStop push gained widespread media attention and the memes followed.

Andrew Left of Citron Research, who had called the redditors an “angry mob” last week after they attempted to hack his Twitter account and harassed his family after he said GME will drop to $20, released a video statement Wednesday. He confirmed Citron Research had closed its short position on GME, which basically means that it sold out of its investment, choosing to cut its losses before the price rose any further.

“I cannot answer one more phone call,” Left says in the video. “How are you? Are you OK? Are you in business? What about GameStop? Should I short it here? People I have not spoken to in 20–30 years — this has captured the attention of America.”

“I’m just fine. Citron Capital is just fine,” he says. “Covered the majority of the short in the 90s, at a loss, 100%, I had a small manageable position and I let it go.”

That means Left sold the majority of his investment when the stock was selling in the $90 range. It closed on Wednesday at $330.

Left also says in the video that as a longtime activist investor, he respects WSB and redditors taking on hedge funds, and acknowledges that the market is changing.

“Even though we have been called boomers many times over the past week, we understand the changing dynamics in the market, and with that, we’ll become more judicious when it comes to shorting stocks,” Left says. “It doesn’t mean the industry is dead, it just means you have to be more specific.”

Melvin Capital announced that it had sold out of GME on Wednesday morning. The Melvin Capital news was announced on CNBC by Andrew Ross Sorkin, who said he’d spoken with the manager of the fund, Gabe Plotkin.

“They got out of the stock yesterday afternoon. They have taken a rather huge loss,” said Sorkin, who added that he did not know the total of the loss.

On Monday, Melvin received more than $2 billion in emergency cash to help stabilize the fund and allow it to close the shorted position, the Wall Street Journal reported.

Yet some of the WSB redditors didn’t believe that Melvin had closed its position and encouraged investors to not sell GME.

After the flurry of activity on Wednesday, TD Ameritrade, one of the free brokerage apps commonly used by young investors, briefly restricted trades on some stocks, including GameStop and AMC (another target of the WSB crowd) “in the interest of mitigating risk for our company and clients.” That frustrated many who saw the halt as Wall Street firms stopping investors from making trades that would improve their personal wealth.

Adena Friedman, the CEO of Nasdaq, said her exchange would possibly temporarily halt trading so investors could “recalibrate” if one of the stocks was being targeted online in a similar manner to what’s happened with GameStop.

“If we see a significant rise in the chatter on social media channels,” Friedman told CBNBC, as reported by Mediate, “we also match that up against unusual trading activity, [and] potentially halt that stock to allow ourselves to investigate the situation, to be able to engage with the company, and to give investors a chance to recalibrate their positions.”

Sen. Elizabeth Warren, who has long fought to hold Wall Street accountable, called out the big financial players for freaking out when everyday investors used the same techniques against hedge funds that the firms used to build their own wealth.

“For years, the same hedge funds, private equity firms, and wealthy investors dismayed by the GameStop trades have treated the stock market like their own personal casino, while everyone else pays the price,” she said.

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Apple is one of our biggest competitors




Facebook CEO Mark Zuckerberg used the opening remarks of the company’s fourth quarter earnings call to blast Apple over its upcoming privacy changes, and to say Facebook increasingly sees Apple as one of its biggest competitors.

Apple is gearing up for a software change that will more prominently ask iPhone and iPad users if they want to share their information for ad-tracking purposes. The online advertising industry expects to be hit as some percentage of users choose not to share that information.

Facebook, which derives nearly all its revenue from online advertising, has been outspoken about the changes, running newspaper ads, publishing a website and running a blog post outlining its arguments opposing Apple over the change it claims “threatens the personalized ads that millions of small businesses rely on to find and reach customers.” 

Zuckerberg, in his comments, suggested Apple uses its position to help its own services, particularly its iMessage service, which competes with Facebook’s Messenger and WhatsApp services.

“iMessage is a key linchpin of their ecosystem,” he said. “It comes pre-installed on every iPhone and they preference it with private APIs and permissions, which is why iMessage is the most used messaging service in the U.S.”

He said Apple’s business is now depending more and more on gaining share in apps and services.

“Apple has every incentive to use their dominant platform position to interfere with how our apps and other apps work, which they regularly do to preference their own,” he said. “This impacts the growth of millions of businesses around the world, including with the upcoming iOS 14 changes.”

Zuckerberg also reiterated Facebook’s argument that Apple’s privacy changes will make it harder for small businesses ability to reach their customers with targeted ads.

“Apple may say they’re doing this to help people but the moves clearly track their competitor interests,” he said. “We and others are going to be up against this for the foreseeable future.”

Nominations are open for the 2021 CNBC Disruptor 50, a list of private start-ups using breakthrough technology to become the next generation of great public companies. Submit by Friday, Feb. 12, at 3 pm EST.

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Facebook will stop recommending political groups permanently




Facebook founder Mark Zuckerberg speaks at Georgetown University in a ‘Conversation on Free Expression” in Washington, DC on October 17, 2019.

Andrew Caballero-Reynolds | AFP | Getty Images

Facebook CEO Mark Zuckerberg on Wednesday announced that the company will no longer recommend civic and political groups to its users.

The change comes in the wake of the insurrection at the U.S. Capitol on Jan. 6. 

“This is a continuation of work we’ve been doing for a while to turn down the temperature and discourage divisive conversations,” Zuckerberg said in a call with analysts following the company’s fourth-quarter earnings.

This comes after the company temporarily decided to stop recommending these groups to U.S. users in October in the lead up to the 2020 U.S. elections. 

Additionally, Zuckerberg said that the company is now considering steps to reduce the amount of political content that users see in their News Feed.

“One of the top pieces of feedback that we’re hearing from our community right now is that people don’t want politics and fighting to take over their experience on our services,” Zuckerberg said.

Nominations are open for the 2021 CNBC Disruptor 50, a list of private start-ups using breakthrough technology to become the next generation of great public companies. Submit by Friday, Feb. 12, at 3 pm EST.

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