Thursday , 7 July 2022
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Google search chief Singhal to quit, to be replaced by AI head

As one of Google’s earliest search pioneers steps down and the company’s leader in artificial intelligence takes his place, analysts say the move signals the company’s desire to make its search engine more sophisticated. Google parent Alphabet Inc said Wednesday that Amit Singhal, the longtime chief of its Internet search business, will retire. He will be replaced by John Giannandrea, ... Read More »

Judge allows investor probe of Yahoo’s huge exit pay for ex-COO

Inc’s chief executive and its board may have mishandled the compensation of a former chief operating officer who received $60 million in severance, a Delaware judge ruled, clearing the way for a shareholder investigation. The preliminary ruling stems from a 14-month stint by Henrique de Castro as COO after he was lured away from Google in 2012 by Yahoo CEO ... Read More »

TCS rated world’s most powerful IT brand

 India’s top multinational IT company Tata Consultancy Serviceshas been rated as the world’s most powerful brand in Information Technology Services by a leading global brand valuation firm, the company said. Brand Finance’s 2016 annual report evaluated thousands of the world’s top brands to determine which are the most powerful and the most valuable.  Scoring highly on a wide variety of ... Read More »

China’s $7.6 billion Ponzi scam highlights growing online risks

 Once China’s biggest peer-to-peer (P2P) lending platform, Ezubao collected 50 billion yuan ($7.6 billion) in less than two years from more than 900,000 investors through savvy marketing and the promise of big returns. But executives at Ezubao’s parent company, Yucheng Group, now say it was “a complete Ponzi scheme”, which used investor funds to support a lavish lifestyle, the official ... Read More »

$1trillion opportunity for Make in India in electronics

India Electronics and Semiconductor Association (IESA), a trade body representing the Indian Electronic System Design and Manufacturing (ESDM) players, on Wednesday said that the electronic devices manufacturing was a $400B ‘Make in India’ opportunity. The IESA Summit in Bengaluru wanted to elevate focus on the immediate opportunities in the indigenous ESDM landscape. More than 150 ESDM production units established in ... Read More »

Factbox – 2016 presidential candidates on social media

A logo of Twitter is pictured next to the logo of Facebook in this September 23, 2014 illustration photo in Sarajevo. The 2016 contenders for the White House have used social media platforms such as Twitter and Facebook as campaign tools to an extent not seen previously in U.S. presidential politics. But usage and tactics vary widely across the campaigns ... Read More »

Effects of Digital India: How Digital Investing is changing India

Digital India drive is seemed to have worked in many areas – investing is no different. Today, investors are increasingly looking up to financial markets and are investing into it for good returns. Rural India, in particular, is leading the way. The numbers released by numerous financial apps do vindicate the same. IIFL Markets, one of the India’s most popular ... Read More »

Twitter stock falls over management departures

Twitter shares closed down almost 5% on Monday as a management exodus sparked investor concerns over unsettled leadership and stalled growth at the online social media company. Five high-level executives are leaving Twitter, less than four months after co-founder Jack Dorsey returned as CEO, without any publicly articulated plan to revive growth. “We don’t see how the departure of the ... Read More »

LeEco to set up over 5oo service centers across India

NEW DELHI: After launching, LeMax and Le 1S, LeEco has announced 555 service centers over 300 towns of the country.  The service centers will be available in 10 languages, including English, Hindi, Bangla, Gujarati, Kannada, Malayalam, Marathi, Punjabi, Tamil, and Telugu 24X7 toll free.  The Chinese tech giant is also offering free pick-up and drop for its premium smartphone — ... Read More »

OnePlus One receives OxygenOS 2.1.4 update

NEW DELHI: Chinese handset maker OnePlus has released OxygenOS 2.1.4 for its first smartphone, OnePlus One.  In a blogpost, the company admitted that the device “was not getting its fair share of love” and announced that it has in “no way forgotten about the device that sent OnePlus into orbit.” OxygenOS 2.1.4 comes with a Dark Mode, and support for ... Read More »