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Mobile Speeds Slow Down as India Falls to 121 Position in Speedtest Global Index for April 2019

India witnessed a dip in mobile speeds in April 2019 with its rank remaining at 68th position in fixed broadband speeds globally and has decreased in ranking to 121 in mobile speeds, Ookla, the company behind Speedtest, said on Monday in updates to its Speedtest Global Index for April 2019. While India has maintained its position in fixed broadband with ... Read More »

British Airways CFO Steve Gunning to take over as IAG finance chief

IAG said on April 15 British Airways’ finance chief Steve Gunning will replace company veteran and chief financial officer Enrique Dupuy de Lome, who steps down after more than eight years in the role. Gunning, who joined British Airways in 1998 and has been its CFO since January 2016, will take over from de Lome at IAG’s annual general meeting ... Read More »

Arun Mehta assumes office as principal secy finance

Arun Kumar Mehta Friday assumed office as principal secretary finance as he formally took over the charge from outgoing Navin K Choudhary, now principal secretary industries and commerce. According to an official spokesperson, senior functionaries of finance and allied departments were present on the occasion which was followed by an introductory cum review meeting.   Navin Choudhary gave the new ... Read More »

Microsoft Confirms Edge Is Switching to Chromium, and Coming to Windows 7, Windows 8 as Well as macOS

Microsoft has officially announced that it is bringing Chromium engine to Microsoft Edge. The open-source Web rendering engine is already available to the masses through Google’s Chrome browser. The Redmond-based giant also wants to become a “significant contributor” to the Chromium project. Alongside switching to Chromium engine, Microsoft has revealed that it is expanding its Edge to Apple’s macOS. A ... Read More »

Redmi 6 Series Expected as Xiaomi Sends September 5 India Launch Invites

HIGHLIGHTS Xiaomi Redmi 6, Redmi 6A were launched side-by-side in June The Redmi 6 Pro was launched later that month Xiaomi Global VP and MD Xiaomi India teased the launch on Twitter Redmi 6, Redmi 6 Pro, and Redmi 6A India launch event may be held as early as next week. Manu Kumar Jain, Xiaomi Global VP and Xiaomi India Managing Director, has shared a tweet that ... Read More »

Trump, Obama Lose Followers as Twitter Sanitises Its Platform

HIGHLIGHTS US President Donald Trump lost 100,000 of his 53.4 million followers Barack Obama lost about 400,000 followers “Accuracy and transparency make Twitter a more trusted service” US President Donald Trump lost about 100,000 of his 53.4 million followers and former President Barack Obama lost about 400,000 as Twitter began removing locked accounts – which are disabled owing to suspicious activity – to ... Read More »

Facebook Bots Label US Declaration of Independence as Hate Speech

Facebook has apologised after its content-filtering algorithms flagged the US Declaration of Independence as a hate speech. Parts of the document was flagged as “hate speech” by Facebook bots after a Liberty, Texas-based newspaper, the Liberty County Vindicator, posted on Facebook “small bites” from the Declaration in the lead up to the country’s Independence Day on July 4. Facebook later restored ... Read More »

Mark Zuckerberg Becomes World’s Third Richest Person as Facebook Stock Soars

Facebook co-founder Mark Zuckerberg has overtaken Warren Buffett as the world’s third-richest person, further solidifying technology as the most robust creator of wealth. Zuckerberg, who trails only Amazon.com founder Jeff Bezos and Microsoft co-founder Bill Gates, eclipsed Buffett Friday as Facebook shares climbed 2.4 percent, according to the Bloomberg Billionaires Index. It’s the first time that the three wealthiest people on the ranking made their fortunes from technology. Zuckerberg, 34, is ... Read More »

Xiaomi Lowers Target as It Kicks Off IPO

Chinese smartphone maker Xiaomi kicked off its initial public offering Thursday but the firm is likely to pull in about $6.1 billion (roughly Rs. 41,600 crores), far less than originally expected, with investors having mixed views about its main business. Xiaomi had hoped to raise $10 billion (roughly Rs. 68,000 crores) with the Hong Kong IPO, making it the biggest since Alibaba’s $25 billion ... Read More »

Samsung Flags Mobile Weakness as Chips Power Record Q1 Profit

Samsung Electronics said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers. The world’s biggest maker of memory chips, smartphones and television sets also flagged softer demand for smartphone OLED panels as a challenge for the second quarter, while its cash-cow chip business should remain ... Read More »