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Eric Schmidt, of Alphabet, To Head Pentagon's Innovation Board

Eric Schmidt, executive chairman of Alphabet, the parent company of Google, has been picked by Pentagon to head a new advisory board on defense innovation. About the same time, Pentagon Press secretary Peter Cook announced on Wednesday in Washington DC that Defense Secretary Ash Carter met Schmidt during the annual RSA Security Conference in San […]

Unitus Seed Fund Invests in DriveU, India’s First On-Demand Private Driver Service

29th February, 2016. Bangalore, India: Unitus Seed Fund, India’s most active seed fund supporting startups innovating for the masses, announced its investment in DriveU, a firm that aggregates on-demand drivers for private car owners in India. If Uber and Ola have changed the way people travel in urban India, there has been another creeping gap […]

No WhatsApp on BlackBerry, Nokia by 2017

Facebook owned messaging service WhatsApp has announced that its services would be discontinued on BlackBerry and Nokia devices by 2017. WhatsApp’s announcement also includes Nokia’s low-end S40 and S60 Symbian platforms, as well as the older Android 2.2 and Windows Phone 7.1 operating systems, the Verge reported. Based in Mountain View, California, WhatsApp was acquired […]

MobileIron Software Could Have Opened San Bernardino Shooter’s iPhone

The US investigation agency FBI demands that Apple Inc unlock an iPhone used by San Bernardino shooter Rizwan Farook might have been avoided if his employer, which owns the device, had equipped it with special mobile phone software it issues to many workers. San Bernardino County, which employed Farook as an environmental health inspector, requires […]

Twitter suspends over 125,000 accounts for ‘promoting terrorist acts’

Twitter Inc has shut down more than 125,000 terrorism-related accounts since the middle of 2015, most of them linked to the Islamic State group, the company said in a blog post on Friday. Twitter has said it only takes down accounts when they are reported by other users, but said that it has increased the […]

Google Search Chief Amit Singhal To Quit, To Be Replaced By AI Head

Reuters- Google parent Alphabet Inc (GOOGL.O) said Amit Singhal, the longtime chief of its Internet search business, will leave the company and be replaced by the head of the technology giant’s artificial intelligence business. John Giannandrea, currently a vice president of engineering, will replace Singhal, a 15-year Google veteran, once he leaves on Feb. 26. […]

Sequoia raised Largest VC Fund Approx $920 Million to Invest in Indian Startups

Sequoia Capital, Silicon Valley’s top-tier VC fund closed fresh $920 million fund. Funds will largely invests in Indian startups. The fresh funds takes Sequoia’s total investment assets to more than $3 billion in India. This is the biggest raise by any VC fund for India-specific investments, cementing Sequoia’s leadership position in the domestic early-to-growth stage investing […]

First time, Alphabet Disclosed The Profitability of Google's Search Engine

MOUNTAIN VIEW, Calif. – Alphabet Inc. announced financial results for the quarter and fiscal year ended December 31, 2015.  Alphabet easily beat Wall Street’s quarterly profit forecasts on Monday, helped by strong mobile advertising sales, sending the shares of Google’s parent higher in after-hours trading to surpass Apple Inc as the most valuable U.S. company. […]

Alphabet Inc Changes Results Format to Separate Google, Other Bets

Reuters- Hoping to provide greater clarity into the performance of its many holdings, Alphabet Inc said it would report financial results under two segments, Google and “Other Bets,” when it releases fourth-quarter earnings on Monday. Under Google, Alphabet will report the results of its main Internet and related businesses such as search, ads, maps, YouTube, […]

Foxconn Invests in Home Automation Firm WiZN Systems

Bangalore-based home automation startup WiZN Systems has raised an undisclosed amount in an angel round of funding led by Taiwan’s Foxconn Technology Group, according to a report in The Economic Times. Kanwaljit Singh, cofounder of FireSide Ventures, and a few other angel investors too participated in the funding round. As part of the investment deal, […]

Facebook Smashed Investors’ Expectations with a 52% Jump in Q4 Results

Facebook has smashed investors’ expectations with a 52 per cent jump in quarterly revenue as it sold more ads targeted at a fast-growing number of mobile users, sending its shares sharply higher after hours. The world’s biggest online social network bucked the trend of underwhelming tech results from Apple and eBay, in the face of […]

The Online Jewellery trade in India. Challenges and Solutions

More than anywhere else in the world, India has had the largest culture of jewelry for hundreds of years. Jewelry, gold and precious stones are deeply rooted in the Indian tradition and go as far back as far as the start of the Indian civilization itself. Until today, jewelry in India is not simply an […]