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Charles King’s Macro Raises $150 Million to Finance Film, TV Slate

The media company’s investors include Laurene Powell Jobs’ Emerson Collective, Ford Foundation, W.K. Kellogg Foundation and Libra Foundation. Macro, the multicultural media company founded by former WME partner Charles King, has raised an additional $150 million in financing from a slate of investors that includes Laurene Powell Jobs’ philanthropic and investment vehicle. The round, which incudes equity and debt financing, will ... Read More »

The indifference of families to the education of girls is widening the gender gap in all spheres

Class in progress at Govt Girls Senior Secondary School in Sangam Vihar (Saumya Khandelwal/HT PHOTO) A recent HT report found that government schools in Delhi have an enrolment ratio that is 52% female and 48% male. The same for citywide private schools is 40% female and 60% male. The report discusses case studies of families in which in spite of financial constraints, ... Read More »

T-Mobile agrees to stop claiming its network is faster than Verizon’s

T-Mobile USA has agreed to stop claiming its 4G LTE network is faster than Verizon Wireless’, after the advertising industry’s self-regulation body agreed with Verizon that T-Mobile’s claim was unsupported. The National Advertising Division (NAD) “recommended T-Mobile discontinue claims that it has the fastest 4G LTE network” and “also recommended that T-Mobile discontinue claims that its LTE network is ‘newer’ ... Read More »

Google Finance to have a makeover, portfolio feature to be scrapped

Moneycontrol News Alphabet Inc., Google’s parent company has informed the users of Google Finance that it is going to make changes to the product. The core of the offering, the portfolio feature will no longer be available. The feature will go offline from November. This will mark the first major change to the Google product which has been the same ... Read More »

9 big reasons not to invest in real estate

Photo: Amlan Mathur/ Shutterstock.com Buy land, they’re not making it anymore. – Mark Twain Human beings have felt the allure of land since time immemorial. Families, regions, nations and civilizations have gone to war in order to claim land or protect it. Alexander, Caesar, Ashoka, Hitler – to name just a few historical figures – held land to be synonymous with ... Read More »

German election threatens to clip wings of finance hawk Schäuble

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THIS WEEK IN THE FUTURE OF CARS: TIME TO PROBLEM-SOLVE

SELF-DRIVING VEHICLES ARE well on the way to replacing human drivers. There are just a few problems. No one has a good idea of how to properly test or validate the tech. The hardware’s too expensive. The ethics of how the robots should behave in emergency situations remain unclear. No single company is in a position to upend the way people ... Read More »

We need to focus on the ‘why’ of technology in a ‘why not?’ world

Technology has become a part of every aspect of our lives, even in the places we least expect. The grocery store has a mobile app. The local bank has a chatbot. Strollers in the mall have touchscreens. The checkout counter is DIY. The parking lot has a security robot. Are any of these things bad? No. But how many of them are necessary? ... Read More »

5G Phones to Go Mainstream in Key Markets in 2019: Qualcomm CEO

The first 5G phones ready to meet next-generation mobile standards will be available for the mass market in 2019 – a year ahead of most predictions – in several Asian countries and the United States, Qualcomm’s CEO said on Thursday. Steven Mollenkopf, chief executive of the world’s top maker of smartphone chips, said in an interview that rising consumer and business demands ... Read More »

Not obliged to elicit views of finance panel: CoA

CoA has revealed that a panel like the finance committee won’t exist post the adoption of new draft constitution. © AFP The Committee of Administrators (CoA), on Saturday (September 16), reminded BCCI that the innings of some board officials would be over when the newly-drafted constitution is approved by the Supreme Court. In a strongly worded letter to BCCI office-bearers, ... Read More »