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China's Tencent overtakes Facebook in market value
short by Krishna Veera Vanamali / on 21 Nov 2017,Tuesday
Tencent's market capitalisation exceeded that of Facebook on Tuesday, a day after it became the first Chinese technology company to be valued at over $500 billion. The company's market capitalisation settled at $522 billion, surpassing the social network giant's $519.4 billion. Tencent is now the world's fifth-most valuable company, only behind Apple, Alphabet, Microsoft, and Amazon.
short by Krishna Veera Vanamali / 06:13 pm on 21 Nov
OnePlus 5T goes on sale with massive offers
short by Tarun Arora / on 21 Nov 2017,Tuesday
OnePlus' latest premium flagship device, OnePlus 5T goes on sale today at 4.30 PM on Amazon.in for prime members, oneplusstore.in and OnePlus experience zones in Bangalore and Delhi NCR. Users can avail offers like ₹1,500 cashback on HDFC cards, 1008 GB 4G data plan by IDEA, 12-month Zomato Gold subscription, 12-month OnePlus Accidental Damage protection, Amazon Pay Balance vouchers and Kindle e-credits.
short by Tarun Arora / 06:44 pm on 21 Nov
Railways to use AI for preventing signal failure
short by Niharika Prabhakar / on 22 Nov 2017,Wednesday
The Railways has decided to use Artificial Intelligence to prevent the possibility of signals failing, moving from a find-and-fix to predict-and-prevent approach. Any flaws in the signalling system would be detected on a real-time basis and rectified to avoid possible delays and mishaps. A trial will be taken up in two sections of Western Railway and South Western Railway.
short by Niharika Prabhakar / 08:26 am on 22 Nov
Physicists quantum entangle nanochips to share information
short by Gaurav Shroff / on 21 Nov 2017,Tuesday
Austria-based physicists have claimed to successfully couple nano-resonators on silicon chips, which release photons at precisely the same frequency to create a quantum entangled state. The prototype device connected the chips using 70 meters of optical fibre over a distance of 20 cm. The advancement could help develop spy-proof quantum internet using future quantum computers, physicists said.
short by Gaurav Shroff / 03:07 pm on 21 Nov
BlackBerry COO Marty Beard resigns: Reports
short by Shifa Naseer / on 19 Nov 2017,Sunday
Canadian technology company BlackBerry's Chief Operating Officer Marty Beard has resigned from his post to help family members deal with health issues, according to reports. Beard joined BlackBerry in 2014 and helped shift the company's focus from smartphone business to enterprise software. Previously, he was the Chairman and CEO of LiveOps, a provider of cloud applications for customer services.
short by Shifa Naseer / 11:30 pm on 19 Nov
Apple working with Intel on 5G hardware for iPhones: Report
short by Shifa Naseer / on 19 Nov 2017,Sunday
Technology giant Apple is reportedly working with chipmaker Intel to design a 5G modem chip for future iPhone models. The reports also suggested that Intel could supply a 5G modem for an iPhone debuting in 2019 or 2020. The 5G network is expected to deliver 10 to 100 times faster speed than the average 4G network.
short by Shifa Naseer / 08:23 pm on 19 Nov
Cryptocurrency startup disappears after raising ₹2.4 crore
short by Manaya Bagga / on 21 Nov 2017,Tuesday
Cryptocurrency startup Confido that raised over $374,000 (₹2.43 crore) through an Initial Coin Offering (ICO) has disappeared with the funds with nobody being able to track the founders down. The website and social media accounts related to the company and the founding team have been deleted. Confido had termed itself as a startup that develops "smart contracts".
short by Manaya Bagga / 09:59 pm on 21 Nov
Uber patents system to prevent motion sickness while driving
short by Shifa Naseer / on 21 Nov 2017,Tuesday
Uber has patented a sensor system to prevent motion sickness which takes place when passengers read in the car. The patent filed focuses on self-driving cars and introduces a "sensory stimulation system". The system syncs a rider's eyes and ears by 'vibrating seats' or 'bursts of air' to create an environment which allows them to work in a moving car.
short by Shifa Naseer / 04:23 pm on 21 Nov
Apple delays launch of HomePod smart speaker to early 2018
short by Shifa Naseer / on 19 Nov 2017,Sunday
Technology giant Apple has delayed the launch of Siri-powered 'HomePod' smart speaker from this December to early 2018. The company said that it needed a "little more time" before the device was ready for its release in Australia, the UK, and the US. The HomePod, priced at over ₹22,500, was unveiled earlier in June.
short by Shifa Naseer / 11:12 pm on 19 Nov
Yuho Mobile to invest ₹500 cr to start production in India
short by Shifa Naseer / on 19 Nov 2017,Sunday
Chinese phone maker Yuho Mobile has said that it plans to invest ₹500 crore to start its production in India. "We are talking to Foxconn for setting up a manufacturing facility at Noida, near Delhi," the company's Business Head Rajeev Tiwari said. The company will also cater to countries like Nepal, Bangladesh, Sri Lanka, Vietnam and Philippines, Tiwari added.
short by Shifa Naseer / 11:16 pm on 19 Nov
Google India revenue jumps 22% to ₹7,200 crore in 2016-17
short by Krishna Veera Vanamali / on 20 Nov 2017,Monday
Google India posted a revenue of ₹7,208.9 crore ($1.1 billion) for the year ended March 2017, a 22% jump from the previous year's ₹5,904 crore. The company's sales had expanded 44% in fiscal 2016. In comparison, Facebook India has increased its revenue by 93% to ₹341.8 crore and posted a profit of ₹40 crore.
short by Krishna Veera Vanamali / 04:17 pm on 20 Nov
Every Indian must be given a cell phone: Mohandas Pai
short by Shifa Naseer / on 21 Nov 2017,Tuesday
While talking about productivity of people, former Infosys CFO Mohandas Pai has said, "Every Indian must be given a cell phone just like how the government gave LPG stoves to five crore women." He also said, "All of us can then be on the same platform and India can be a first virtual virtuous country."
short by Shifa Naseer / 04:32 pm on 21 Nov
We have a danger of India becoming a digital colony: Pai
short by Aditi Verma / on 21 Nov 2017,Tuesday
Talking about the IT sector in India, former Infosys CFO Mohandas Pai has said that "We have a danger of this country becoming a digital colony." Adding that currently all unicorn companies are "substantially owned by foreigners", Pai emphasised that companies have to be drawn to India. Pai also said that by 2025, India will have about one lakh startups.
short by Aditi Verma / 07:55 pm on 21 Nov
Xiaomi plans to invest $1 bn in Indian startups: CEO Lei Jun
short by Shifa Naseer / on 20 Nov 2017,Monday
Chinese smartphone maker Xiaomi's CEO Lei Jun has said that the company plans to invest $1 billion in 100 Indian startups over the next five years. Lei also said that Xiaomi has already invested in six Indian companies including Hungama and KrazyBee. Xiaomi accounted for 23.5% of smartphone shipments in India in the September quarter, according to research firm IDC.
short by Shifa Naseer / 04:14 pm on 20 Nov
Apple served with warrant to unlock Texas shooter's iPhone
short by Shifa Naseer / on 20 Nov 2017,Monday
Apple has officially been served a warrant to unlock the iPhone SE of the man responsible for the shooting in a church in Texas, US earlier this month. The warrant seeks access to calls, contacts, messages, passwords, social media, photos, videos, and other data on the iPhone. However, Apple is yet to respond officially to the issued search warrant.
short by Shifa Naseer / 05:17 pm on 20 Nov
Hackers steal $31 million worth of cryptocurrency Tether
short by Krishna Veera Vanamali / on 21 Nov 2017,Tuesday
Cryptocurrency startup Tether has said that nearly $31 million worth of its tokens have been stolen "through malicious action by an external attacker". The tokens were removed from one of the company's core "treasury wallets" and sent to an unauthorised Bitcoin address on November 19. Tether said it has flagged the tokens and that it is working to recover them.
short by Krishna Veera Vanamali / 10:40 pm on 21 Nov
We had no management experience: Instagram Co-founder
short by Aditi Verma / on 19 Nov 2017,Sunday
Talking about the experience at Instagram before it was acquired by Facebook in 2012, its Co-founder Mike Krieger has said they had "no management experience." Krieger added that the amount of output Instagram had and the size of the community it supported was "totally disproportionate" to the team size. He emphasised that in 2012, Instagram was "very slow at hiring."
short by Aditi Verma / 03:00 pm on 19 Nov
Tencent first Chinese tech firm to be valued at over $500 bn
short by Krishna Veera Vanamali / on 21 Nov 2017,Tuesday
Tencent has become the first Chinese technology company to be valued at more than $500 billion and is currently the most valued firm in Asia. This comes a week after the company posted a profit of $2.7 billion for the third quarter. Alibaba was ranked the next biggest among Chinese technology companies, with a market valuation of $474 billion.
short by Krishna Veera Vanamali / 04:17 pm on 21 Nov
KFC sells $10,000 internet blocking tent
short by Aditi Verma / on 21 Nov 2017,Tuesday
Fast food chain KFC is selling an internet blocking tent called 'Internet Escape Pod', made of steel and stainless steel mesh for $10,000 in the US. It features KFC Founder Colonel Sanders' model made of architectural foam and can accommodate four people. KFC said the tent will have to be tested before it can claim total signal impenetrability.
short by Aditi Verma / 05:38 pm on 21 Nov
Facebook to launch video platform ‘Watch’ in India: Report
short by Aditi Verma / on 21 Nov 2017,Tuesday
Social media giant Facebook is set to launch its video platform 'Watch' next year for users in India, according to reports. Watch allows users to subscribe to the series they want to watch and categorises videos under sections like 'What Friends Are Watching'. The platform was launched for all users in the United States earlier in September.
short by Aditi Verma / 07:53 pm on 21 Nov
Gates recalls 1st meeting with Andhra CM Naidu 20 years ago
short by Shifa Naseer / on 19 Nov 2017,Sunday
Addressing a summit recently, Microsoft Co-founder Bill Gates recalled his first meeting with Andhra Pradesh CM Chandrababu Naidu 20 years ago. "I was told that there is someone who believes in digital technology even more than you do," said Gates. "(Naidu) had his digital equipment...and he had the vision to make government better by using advanced tools," Gates added.
short by Shifa Naseer / 11:11 pm on 19 Nov
Drones to restore cell network in hurricane-hit Puerto Rico
short by Ankush Verma / on 21 Nov 2017,Tuesday
The Federal Aviation Administration (FAA) has approved AT&T's Flying Cow (Cell on Wings) drones to restore the cell network over hurricane-hit Puerto Rico. The drones will be used as an interim method while repairs take place, FAA said. "The Flying Cow is an exciting next step...to bring strong wireless connectivity to those who need it most," AT&T said.
short by Ankush Verma / 07:08 pm on 21 Nov
India number one priority at China headquarters: Xiaomi CEO
short by Shifa Naseer / on 21 Nov 2017,Tuesday
Chinese smartphone maker Xiaomi's CEO Lei Jun has said, "We have implemented India number one priority strategy at our headquarters." "We need to build the coolest products and offer them at a very honest and reasonable price. Then, more Indian customers will like our brand," he added. He further said Xiaomi will focus all of its energy on India.
short by Shifa Naseer / 03:52 pm on 21 Nov
Team develops augmented reality glasses to help in surgery
short by Gaurav Shroff / on 21 Nov 2017,Tuesday
Germany-based researchers have developed an augmented reality (AR) system that superimposes a virtual image on the skin of the patient to pinpoint the exact position of cancerous tumours to the surgeon. The AR system, based on the use of data glasses, helps surgeons locate tumours with the aid of virtual markers created by injecting a fluorescent dye into the patient.
short by Gaurav Shroff / 03:03 pm on 21 Nov
Journalists to launch digital currency to fight fake news
short by Ankush Verma / on 20 Nov 2017,Monday
California-based investment fund HigherOrderVC and journalists from across the world have teamed up to create a new cryptocurrency to provide financing for investigative journalism. Called PressCoin, the cryptocurrency is aimed at empowering independent journalists to fight fake news. It will be offered at an initial price of $1 through a 28-day initial coin offering (ICO) beginning November 22.
short by Ankush Verma / 08:49 pm on 20 Nov
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