Tuesday, May 21

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Facebook Officialy Introduces New Tool For Enterprises – Workplace
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Facebook Officialy Introduces New Tool For Enterprises – Workplace

The social media giant added one more tool in its kitty, which helps enterprises at work called workplace. Facebook introduced Workplace (formerly known as Facebook at Work) as a pilot project about a year and a half ago adding some big companies and startups. Starbucks, Godrej, Yes Bank, auto rickshaw aggregator Jugnoo and logistics company Delhivery are the clients for this project. Now, more than 1,000 organizations around the world use Workplace. People have created nearly 100,000 groups and the top five countries using Workplace are India, the US, Norway, UK and France.   Facebook opened up Workplace for any organisation that wants to use the service, at very competitive pricing- companies will pay $3 per user for the first 1,000 monthly active users, $2 per user for 1,00...
A Manipuri Youth Received $40,000 Facebook Grant
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A Manipuri Youth Received $40,000 Facebook Grant

Monish Karam, a manipuri youth and founder of Jobsenz has received a $40,000 grant from Facebook to develop a mobile application which he founded in 2015. Monish Karam based out of Singapore received the grant under the FbStart initiative, which helps startups. FbStart initiative, Facebook’s worldwide program which helps mobile startups, selected Jobsenz for its impressive development. “We applied for it and the minimum criteria is to have an app which has gained some traction. According to Facebook, the app was chosen because of its impressive development so far and its potential for continued growth. We have already crossed a significant number of downloads in India ,” said Karam, who is from Imphal. From job search, multi-lingual resume builder to preparing for jobs ...
Thomson Reuters Will Launches Tech Center in Toronto
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Thomson Reuters Will Launches Tech Center in Toronto

Thomson Reuters Corp said it plans to create a new technology center in Toronto by hiring 400 people over the next two years, and that its chief executive and chief financial officer will move to the Canadian city in 2017. CEO Jim Smith and CFO Stephane Bello currently work out of the company's office in Stamford, Connecticut. Additional management roles will be relocated and recruited locally in Toronto over the next few years, Thomson Reuters said in a statement on Friday. Smith said in a memo to employees that the company's commitment to centers such as New York, London and Hong Kong "has never been stronger" and the Toronto expansion was in part an opportunity to "take a technology leadership position in the region." Thomson Reuters was created when Canada's Thomson Corp bo...
WORLD RECORD- Jio Welcome Offer Enrols 16 Million Customers in 26 Days
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WORLD RECORD- Jio Welcome Offer Enrols 16 Million Customers in 26 Days

Mumbai, October 9 2016: Reliance Jio Infocomm Ltd. (Jio) announced today that it has created a world record by crossing 16 Million subscribers of 'Jio Welcome offer' in its first month of operations. Jio has achieved this growth faster than any other telecom operator or start up in the world including the likes of Facebook, WhatsApp and Skype. ALSO READ: How Mukesh Ambani’s Reliance Jio Fooled us in the Name of Cheaper Data Mr. Mukesh D. Ambani, Chairman, Reliance Industries Limited, said, “We are delighted and humbled by the overwhelming response across India to the Jio Welcome Offer. Jio is built to empower every Indian with the power of data. We are delighted that people have recognized this and are utilizing our services to the fullest. We are customer-obsessed and commit...
Sundar Pichai Led Google Spends $3.2 Million on Television Ads of “Pixel Smartphone”
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Sundar Pichai Led Google Spends $3.2 Million on Television Ads of “Pixel Smartphone”

Search Engine giants Google's spends $3.2 Million in television ads in two days since it announced the upcoming launch of "Pixel" smartphone. The strategy of Google is to put Pixel in direct competition with the two dominant smartphone makers Apple & Samsung. One of Google ad executives expect Google will spend hundreds of millions more to keep up with rivals. While Google's brand is known around the world, and its Android operating system powers most of the world's smartphones, including Samsung's, it is not known as a consumer goods maker. It has made forays, such as the Chromecast streaming player, but not of this size. Many experts are saying that "This is the first time they are in the position of selling themselves to people, as opposed to selling themselves to brands". ...
From Booking Ticket to Ordering Meal, All on New Rail Application Soon
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From Booking Ticket to Ordering Meal, All on New Rail Application Soon

A seamless travel experience for rail commuters with a swipe of a finger is in the offing as Railways plans to revamp its mobile application and include “all passenger services” for its customers. “We are preparing an integrated mobile application for railway passengers which will take care of all their needs. “It will be an app that will take care of the entire journey — from booking a ticket to booking a taxi, pre-ordering a meal, requesting for porter services, lodging at a retiring room, ordering a bed roll, complaining about lack of cleanliness in a coach, accessing digital entertainment, reserving a hotel, booking an airline ticket in case of a waitlisted rail ticket, among other services,”said an official from the Non-Fare Directorate of the Railway Ministry. Ern...
LIC, Pension Funds Must Step in To Fund Startups: DIPP Secretary
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LIC, Pension Funds Must Step in To Fund Startups: DIPP Secretary

Life Insurance Corporation of India and other pension funds "must step in" to fund startups, Secretary in the Department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek said on Friday. "LIC and other pension funds must step in... definitely that money needs to be leveraged," Abhishek said here at the India Economic Summit, jointly organised by CII and WEF. Speaking at a session on startups, founder of Pinstorm and Seedfund Mahesh Murthy stated that big companies like LIC and cigarette firms are found wanting as far as funding of start-ups is concerned. "I am taking note (of this suggestion)," Abhishek said, adding that the government is engaging with start-ups to resolve issues to give a push to budding entrepreneurs. On the Rs 10,000-crore Fund of Funds, the secretary s...
Snapchat Parent Working on IPO Valuing Firm at $25 Billion or More: Report
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Snapchat Parent Working on IPO Valuing Firm at $25 Billion or More: Report

Photo-sharing app Snapchat's parent is working on an initial public offering that could value the company at $25 billion or more, the Wall Street Journal reported, citing several people familiar with the matter. Snap, which operates the app that lets users send videos and messages that disappear in seconds, is looking to sell shares as early as late March, the Journal reported. An IPO valued at $25 billion would be significantly higher than Snapchat's most recent valuation of $17.81 billion, based on a $1.81 billion financing round in May. It would also represent the largest IPO by a technology company since Chinese e-commerce giant Alibaba Group went public in 2014. Snapchat had been talking to investment bankers about an IPO towards the end of this year or early in 2017, technology we...
Automation Threatens 69% Jobs in India: World Bank
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Automation Threatens 69% Jobs in India: World Bank

Automation threatens 69 per cent of the jobs in India, while 77 per cent in China, according to a World Bank research which has said that technology could fundamentally disrupt the pattern of traditional economic path in developing countries. “As we continue to encourage more investment in infrastructure to promote growth, we also have to think about the kinds of infrastructure that countries will need in the economy of the future. We all know that technology has and will continue to fundamentally reshape the world,” World Bank president Jim Kim said. “But the traditional economic path from increasing productivity of agriculture to light manufacturing and then to full-scale industrialisation may not be possible for all developing countries,” Mr. Kim said in response to a question at the ...
Kishore Biyani Led Future Group Launches It’s Own Digital Wallet FuturePay
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Kishore Biyani Led Future Group Launches It’s Own Digital Wallet FuturePay

Kishore Biyani-led Future Group has launched FuturePay, which is a digital loyalty wallet that helps consumers shop without card or cash across formats such as Big Bazaar, Ezone and Home Town. The app is directly linked with all existing loyalty programs and cards bringing all kinds of transactions under one roof. "We are providing a friendly account management to our customers through FuturePay. We are ensuring that the customer has the confidence to shop with us and not go anywhere else," said Kishore Biyani, Group CEO, Future Group. The app's Price Match feature will compare the price items on the customers bill with that of competitors -both online as well as offline -and credit the difference to the FuturePay wallet in case it finds a lower price for the product. Future Group...
Google Pixel Launch: 6 key Announcements That Google Made
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Google Pixel Launch: 6 key Announcements That Google Made

Internet giant Google on Tuesday challenged heavyweight rivals including Apple and Amazon with an array of new gadgets aimed at digital lifestyles.   Smartphone 'Made by Google'     Pixel is the first smartphone designed by Google, with the Silicon Valley powerhouse dictating the hardware, software and services the way Apple does with its iPhones. The Google-branded smartphone takes aim at flagship models by Apple, Samsung and others in the fiercely competitive market. Pixel, which comes in five and 5.5-inch (12.7 and 14-centimeter) screen sizes, boasts a fingerprint reader, a camera billed as the best in any smartphone, unlimited online storage for photos and videos, and quick charging combined with long battery life. Pixel is powered by the latest v...
Google Launches Digital Voice Assistant, Expecting to Ship Nearly 3 Million Devices in 2017
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Google Launches Digital Voice Assistant, Expecting to Ship Nearly 3 Million Devices in 2017

On Tuesday, Google announced Google Home, its always-listening digital voice assistant device and competitor to Amazon Echo, helping to expand the market for digital voice assistant devices. Strategy Analytics' research indicates that the digital voice assistant device category is one that will grow quickly, with annual shipments totaling 15.1M units by 2020, up from 1.8M units in 2016. At retail, Google Home is expected to sell for $129, which is $50 less than the Amazon Echo. However, Amazon is also offering a pared down version of Echo, the Echo Dot, in packs of six for $250. The low price point is meant to drive adoption by making it affordable for users to put an Alexa device in every room of the house. At such low prices, it's unlikely that either company will turn a profit ...