Thursday, November 28

News

Google building Self-check Website for Coronavirus
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Google building Self-check Website for Coronavirus

Internet giant Alphabet is creating a website where people will be able to check whether they have symptoms of the novel coronavirus. Verily Life Sciences, once a project in a Google X lab devoted to "moonshot" projects and now its own health business unit, is testing a "tool to help triage individuals for COVID-19 testing," Google confirmed on Twitter. "Verily is in the early stages of development, and planning to roll testing out in the Bay Area, with the hope of expanding more broadly over time," the tweet said, referring to San Francisco and surrounding communities. Trump thanked Google while declaring a state of national emergency due to the deadly coronavirus pandemic. Google is helping to develop a website "to determine whether a test is warranted and to facilitate testi...
Bill Gates Leaves Microsoft Board
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Bill Gates Leaves Microsoft Board

Microsoft announced that co-founder Bill Gates has left its board of directors to devote more time to philanthropy. The 64-year-old stopped being involved in day-to-day operations at the firm more than a decade ago, turning his attention to the foundation he launched with his wife, Melinda. Gates served as chairman of Microsoft's board of directors until early in 2014 and has now stepped away entirely, according to the Redmond-based technology giant. "It's been a tremendous honor and privilege to have worked with and learned from Bill over the years," Microsoft chief executive and company veteran Satya Nadella said in a release. "Bill founded our company with a belief in the democratizing force of software and a passion to solve society's most pressing challenges, and Microsoft...
Infosys Sacks Three Employees on Bribe Charges
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Infosys Sacks Three Employees on Bribe Charges

Bengaluru, March 9, 2020: Global software major Infosys sacked three of its techies who were arrested on a bribe charge levelled by the Indian Income Tax Department, said a company official. "The three employees have been terminated after a thorough internal investigation," said Infosys in a mail reply to Pixr8 News. Admitting that the company was aware of the allegations against the accused who have been found violating the company's policies by the tax authorities, the official said the company takes any breach of its policies and code of conduct seriously. "We are cooperating with the authorities," the official added. The three accused are Renugunta Kalyan Kumar, Prakash, and Deveshwar Reddy. "The three were arrested for contacting taxpayers and promising to get them tax reb...
PhonePe Says Services Resumed after Partner With ICICI Bank, Shares Jump 30 Percent
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PhonePe Says Services Resumed after Partner With ICICI Bank, Shares Jump 30 Percent

A day after its UPI services were impacted by Yes Bank moratorium, financial app PhonePe announced a resumption in services. It has now partnered with India's second largest private sector lender ICICI Bank to act as a payment service provider in place of Yes Bank. Its chief executive Sameer Nigam thanked ICICI Bank and the National Payments Corporation of India for making the transition possible in quick time. After being put under moratorium, Yes Bank was put under severe restrictions including caps on payments, which impacted its ability to settle transactions on behalf of partners like PhonePe. At last count, there were 15 firms which were dependent on Yes Bank for the services and may be impacted in different measures. Also, Shares of Yes Bank on Monday zoomed over 30 ...
Paytm Employee in Gurgaon Tests Positive for Coronavirus
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Paytm Employee in Gurgaon Tests Positive for Coronavirus

A Paytm employee in Gurgaon has tested positive for the novel coronavirus, the company said in a statement on Wednesday, advising its employees to work from home for the next couple of days. It said the infected employee had recently returned from a vacation in Italy, one of the worst-hit countries. The leading digital payments firm has advised all its employees to work from home for the next couple of days while the Gurgaon unit gets sanitised, the statement said, adding its daily operations will not be impacted. "One of our colleagues based out of Gurgaon office who recently returned from Italy post a vacation has sadly been tested positive for Coronavirus. He is receiving appropriate treatment. As a precautionary measure, we have suggested his team members to get health tests d...
290 million Students Out of School as Global Virus Battle Intensifies
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290 million Students Out of School as Global Virus Battle Intensifies

Almost 300 million students worldwide faced weeks at home after affected countries shut schools over the deadly new coronavirus, as the IMF urged an all-out, global offensive against the epidemic. More than 95,000 people have been infected and over 3,200 have died worldwide from the virus, which has now reached some 80 countries and territories. The vast majority of global deaths and infections are in China, where the virus first emerged late last year, prompting the country to quarantine entire cities, temporarily shut factories and close schools indefinitely. As the virus spread, other countries have also implemented extraordinary measures, with UNESCO saying Wednesday that 13 countries have closed schools, affecting 290.5 million children, while nine others have implemented loc...
Australia’s National Newswire to Close
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Australia’s National Newswire to Close

Australia's only national newswire will close after 85 years in operation, with staff told Tuesday their jobs will come to an end in June. Australian Associated Press' closure was announced at a staff meeting in the company's headquarters in Sydney, with chief executive Bruce Davidson describing it as a sad day. "AAP has been a critical part of journalism in Australia since 1935, and it is tragic that it will come to an end," Davidson said. The newswire will close at the end of June while its subediting business Pagemasters is set to close at the end of August. In a statement, the company's closure was attributed to the "unprecedented impact" of digital platforms taking content and distributing it for free. "We have reached the point where it is no longer viable to continue,...
Indiamart becomes India’s Largest B2B Marketplace, Registered 100 Million Users
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Indiamart becomes India’s Largest B2B Marketplace, Registered 100 Million Users

Leading B2B marketplace IndiaMART has seen a 10-fold increase in its user base over the past six years to achieve 100 million registered users on the platform. "We have aimed at making IndiaMART a one-stop-shop for all the business needs and have strived for curating a platform that is simple and convenient for millions of MSMEs in India," said Chief Operating Officer Dinesh Gulati. Nearly 36 per cent of the traffic on IndiaMART comes from metro cities and the remaining 64 per cent from tier one, tier two and smaller towns. "We have tried to show the masses the digital way of doing business. Going forward, we will keep investing in our platform with the use of voice, vernacular, artificial intelligence and machine learning that will further ease out doing business in India," said ...
RedBus Eyes 35 Percent Revenues from Overseas Operations
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RedBus Eyes 35 Percent Revenues from Overseas Operations

Bus ticketing platform RedBus is planning to expand its bus ticketing business globally and aims to garner 35 percent revenue of this segment from overseas operations over the next 3-4 years, a top company official said on Wednesday. The company, which is part of the Nasdaq-listed MakeMyTrip group, currently garners just around 10 percent of its bus ticketing revenues from five international locations Singapore, Malaysia, Indonesia, Peru, and Colombia. redBus's overall annual revenues from the bus ticketing vertical, including India and international operations, stood at around USD 85 million. "We are looking to scale up international business and expect around 35 per cent of the revenues to accrue from overseas locations in the next 3-4 years," redBus CEO Prakash Sangam told PTI....
Amazon Opens Cashier less Grocery Store in Seattle
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Amazon Opens Cashier less Grocery Store in Seattle

Amazon, an online eCommerce platform is opening its first cashier-less supermarket, the latest sign that Amazon is serious about shaking up the $800 billion grocery industry. Amazon on Tuesday opens up its new store in Seattle, where shoppers can grab milk or eggs and walk out without checking out or opening their wallets. Shoppers scan a smartphone app to enter the store. Cameras and sensors track what's taken off shelves. Items are charged to an Amazon account after leaving. Called Amazon Go Grocery, the new store is an expansion of its 2-year-old chain of Amazon Go convenience stores. At 10,400 square feet, the supermarket is more than five times the size of the smaller stores, and stocks more items beyond the sodas and sandwiches found at Amazon Go. The new market stocks fresh...
Elon Musk Led SpaceX Re-useable Rocket Failed During Landing
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Elon Musk Led SpaceX Re-useable Rocket Failed During Landing

SpaceX successfully launched its latest cluster of high-speed internet satellites into orbit but was unable to land its rocket booster on an autonomous ship, missing a key milestone. The private company founded by billionaire Elon Musk has revolutionized spaceflight in recent years by developing rockets capable of delivering their payload in space then flying back to Earth and landing upright on a target zone, ready to be-reused. It has successfully landed its booster 49 times previously and Monday''s mission would have been the 50th. "We had an on-time liftoff this morning, a good stage separation, first stage made its way back to Earth," manufacturing engineer Jessica Anderson said during a live feed of the mission, which launched from Cape Canaveral, Florida at 10:05am (local t...
Apple to miss Revenue forecast as iPhone supply hit by Coronavirus
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Apple to miss Revenue forecast as iPhone supply hit by Coronavirus

Apple is to miss its revenue forecast for the March quarter due to the coronavirus epidemic, warning that iPhone supplies worldwide would also be impacted, underlining the economic cost of the health crisis. The COVID-19 virus death toll now exceeds 1,800 in China, where it has infected more than 72,000 after emerging in the central province of Hubei in December. The virus has sparked global economic jitters, travel bans and the cancellation of high-profile sporting and cultural events. "We are experiencing a slower return to normal conditions than we had anticipated," Apple said in a statement. "As a result, we do not expect to meet the revenue guidance we provided for the March quarter." Apple had forecast revenue of $63 billion to $67 billion for the second quarter to March....