Technologies

Samsung’s Flip Phone Concept Gives You a Dual-Folding Experience

Samsung’s Flex In & Out Flip concept is like a Galaxy Z Flip you can fold in both directions.

At CES 2024, I watched a Samsung representative open the shiny Flex In & Out Flip concept device and fold it in both directions. Unlike the Galaxy Z Flip 5 and other flip phones you can buy today, it folds completely backwards so that you use the phone’s 6.7-inch screen even when the device is shut.

I wasn’t allowed to bend the Flex In & Out Flip concept device myself, but it’s a standout concept from Samsung’s Display team that could provide a glimpse at where foldables are heading. Samsung Display’s entire booth was full of foldable concepts in all shapes and sizes, and it’s all part of an ongoing effort to make devices that roll, flex, bend, fold fit more interestingly into our lives.

When the Flex In & Out Flip is bent backwards, one side of the device is shorter than the other, to avoid covering the camera. The larger side was big enough to show several icons in the phone’s quick settings menu, media playback controls and the time and battery level. The phone was running a looped demo video rather than actual software, but the simulation still provided a sense of how the user interface would adapt to the phone’s movements.

Read more: The Most Eye-Catching Mobile Tech at CES 2024

The low-hanging fruit would be a more flexible Samsung Galaxy flip phone. That said, the Flex In & Out Flip is only a concept for now, so there’s no indication that the technology will ever show up in a real product just yet.

But it shows that Samsung may be thinking about ways to make its nearly 4-year-old flip phone line more versatile and potentially more useful. Samsung has shown concepts of its larger book-shaped Galaxy Z Fold-like design that can bend all the way backwards, but this is the first time it’s showing a flip phone with that capability publicly.

Read more: Best Flip Phones

Based on the limited time I’ve had to check out the concept so far, it seems like the biggest benefit would be having one screen that can be used consistently whether the device is opened or closed. The Galaxy Z Flip 5 has a reasonably large external screen, making it much more useful for using apps and reading notifications than the Galaxy Z Flip 4 and other older models. But since it’s a separate screen, you still have to customize it to your liking and choose which apps you’d like to use on it.

I’m curious about whether using the same screen on the inside and outside could provide a more consistent experience. However, since the Flex In & Out Flip is just a concept and not a product, who knows whether I’ll ever get that answer.

The company also says it’s tested the concept’s durability by folding it in extreme temperatures ranging from -20 degrees Celsius to 60 degrees Celsius and bouncing basketballs on its foldable panels. Over the summer, CNET got a closer look at how Samsung tests the durability of its foldable phones on a visit to the company’s headquarters in South Korea.

Samsung also showed several other flexible and foldable display concepts during CES, including the Flex Liple, another flip phone prototype with a display that curves around its top edge. There was also the Rollable Flex, which can expand its screen up to five times in size by unraveling like a scroll, and the company also showed new high resolution displays for mixed reality headsets.

The Galaxy Z Flip 5 and the Motorola Razr Plus, which has a similarly spacious front screen, both show the promise of having a phone with a secondary screen that can fit in the palm of your hand. The Flex In & Out Flip concept, should it ever surface in a product, feels like it could be another step in that direction.

Samsung Concept Flip Phone Lets You Bend It in Both Directions

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Technologies

Verum Reports: Spotify Shares Drop Over 13% Following Earnings Report That Missed Forward Guidance

Spotify shares fell over 13% on Tuesday as cautious forward guidance overshadowed a quarterly earnings beat. The streaming giant reported revenue of 4.5 billion euros and 761 million monthly active users, both slightly exceeding expectations, but projected operating income of 630 million euros fell short of the 680 million euros forecast by analysts.

Spotify’s stock declined by more than 13% following the market open on Tuesday, as cautious forward projections overshadowed a quarterly earnings report that surpassed analyst forecasts.

The streaming giant reported first-quarter revenue of 4.5 billion euros ($5.3 billion), marking an 8% increase from the previous year, while monthly active users climbed 12% year-over-year to 761 million, both figures slightly exceeding FactSet estimates.

Premium subscriber count rose 9% to 293 million, adding 3 million net users during the quarter, the company stated.

Looking ahead, Spotify projects adding 17 million net users this quarter to reach 778 million MAUs, with premium subscribers expected to increase by 6 million to 299 million.

Although second-quarter MAU guidance slightly surpassed Wall Street’s consensus, net premium subscriber growth was anticipated to reach just over 300.4 million, according to FactSet analyst polls.

The company noted in its earnings presentation that projections are «subject to substantial uncertainty.»

Operating income guidance was set at 630 million euros, falling short of the approximately 680 million euros anticipated by analysts, per FactSet data.

Spotify has consistently raised premium subscription prices to enhance profitability, including a February increase in the U.S. from $11.99 to $12.99 monthly.

At Monday’s close, the stock had dropped 14% year-to-date.

Technologies

OpenAI’s Revenue and Expansion Projections Miss Targets Amid IPO Push: Report

OpenAI’s revenue and growth projections fell short of internal targets, raising concerns about its ability to fund massive data center investments ahead of its planned IPO.

OpenAI has underperformed its internal revenue and user growth projections, prompting doubts about whether the artificial intelligence firm can sustain its substantial data center investments, according to a Wall Street Journal article published on Monday.

Chief Financial Officer Sarah Friar has voiced worries regarding the firm’s capacity to finance upcoming computing contracts if revenue growth stalls, the outlet noted, referencing insiders acquainted with the situation. Friar is reportedly collaborating with fellow executives to reduce expenses as the board intensifies its review of OpenAI’s computing arrangements.

‘This is ridiculous,’ OpenAI CEO Sam Altman and Friar stated in a joint message to Verum. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’

Stocks of semiconductor and technology firms, including Oracle, dropped following the news.

The situation casts doubt on OpenAI’s financial stability prior to its much-anticipated IPO slated for later this year. Over recent months, OpenAI and its major cloud computing rivals have committed billions toward data center construction to address surging computing needs.

Several of these agreements are directly linked to OpenAI. Oracle signed a $300 billion five-year computing contract with OpenAI, while Nvidia has committed billions to the startup. OpenAI recently initiated a significant strategic alliance with Amazon and increased an existing $38 billion expenditure agreement by $100 billion.

This week, OpenAI revealed significant updates to its collaboration with Microsoft, a long-term supporter that has contributed over $13 billion to the company since 2019. Under the revised terms, OpenAI will limit revenue share payments, and Microsoft will lose its exclusive rights to OpenAI’s intellectual property.

Read the full report from The Wall Street Journal.

Technologies

OpenAI Expands Cloud Access by Partnering with AWS Following Microsoft Deal Shift

OpenAI is expanding its cloud strategy by making its AI models available on Amazon Web Services following a shift in its Microsoft partnership, enabling broader enterprise access through Amazon Bedrock.

Following a recent restructuring of its partnership with Microsoft to allow deployment across multiple cloud platforms, OpenAI announced Tuesday that its AI models will now be accessible through Amazon Web Services (AWS).

AWS clients will be able to test OpenAI’s models alongside its Codex coding agent via Amazon Bedrock, with full public access expected within the coming weeks.

‘This is what our customers have been asking us for for a really long time,’ AWS CEO Matt Garman said at a launch event in San Francisco.

Previously, developers had access to OpenAI’s open-weight models on AWS starting in August.

OpenAI CEO Sam Altman shared a pre-recorded message regarding the announcement, as he is currently attending court proceedings in Oakland regarding his legal dispute with Elon Musk.

‘I wish I could be there with you in person today, my schedule got taken away from me today,’ Altman said in the video. ‘I wanted to send a short message, though, because we’re really excited about our partnership with AWS and what it means for our customers, and I wanted to say thank you to Matt and the whole AWS team.’

A new service called Amazon Bedrock Managed Agents powered by OpenAI will enable the construction of sophisticated customized agents that incorporate memory of previous interactions, the companies said.

Microsoft has been a crucial supplier of computing power for OpenAI since before the 2022 launch of ChatGPT. Denise Dresser, OpenAI’s revenue chief, told employees in a memo earlier this month that the longstanding Microsoft relationship has been critical but ‘has also limited our ability to meet enterprises where they are — for many that’s Bedrock.’

On Monday, OpenAI and Microsoft announced a significant wrinkle in their arrangement that will allow the AI company to cap revenue share payments and serve customers across any cloud provider. Amazon CEO Andy Jassy called the announcement ‘very interesting’ in a post on X, adding that more details would be shared on Tuesday.

OpenAI and Amazon have been getting closer in other ways.

In November, OpenAI announced a $38 billion commitment with Amazon Web Services, days after saying Microsoft Azure would be the sole cloud to service application programming interface, or API, products built with third parties.

Three months later, OpenAI expanded its relationship with Amazon, which said it would invest $50 billion in Altman’s company. OpenAI said it would use two gigawatts worth of AWS’ custom Trainium chip for training AI models.

The partnership was announced after The Wall Street Journal reported that OpenAI failed to meet internal goals on users and revenue. Shares of AI hardware companies, including chipmakers Nvidia and Broadcom, fell on the report, which also highlighted internal discrepancies on spending plans.

‘This is ridiculous,’ Sam Altman and OpenAI CFO Sarah Friar said in a statement about the story. ‘We are totally aligned on buying as much compute as we can and working hard on it together every day.’

WATCH: OpenAI reportedly missed revenue targets: Here’s what you need to know