Monday, November 25

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Twitter Says World Leaders Like Trump Have Special Status

Twitter Inc on Friday reiterated its stance that accounts belonging to world leaders have special status on the social media network, pushing back against users who have called on the company to banish U.S. President Donald Trump. “Blocking a world leader from Twitter or removing their controversial Tweets would hide important information people should be […]

4 Students From IIFT Received Record $150000 Package

The Indian Institute of Foreign Trade has completed the Final Placements Process of its largest ever batch of 2016-18 in record time with offers from domain leaders of the industry, making it the fastest premier B-School to place its outgoing batch. A total of 31 students are placed in International Business roles in South America, […]

Huawei’s China Smartphone Sales Chief Detained For Suspected Bribe-Taking

Huawei Technologies, the world’s third-largest smartphone maker, said on Wednesday that Chinese police are conducting an investigation, after the China sales head of its smartphone unit was detained on suspicion of accepting bribes. Huawei, which in recent years has overtaken Apple Inc and others to take the top share of China’s smartphone market but is […]

Zoomcar Launches Bike-Sharing Service in Mumbai Metropolitan

Self-drive car company Zoomcar has launched its cycle sharing service, PEDL, in the Mumbai Metropolitan Region starting with the privately-developed smart city, Palava. This is the fifth city after Pune, Chennai, Kolkata, and Bengaluru where Zoomcar has launched this service. At present, PEDL cycles have been placed across 30 locations in Palava. Zoomcar said that PEDL has about 200 […]

Apple Sued by iPhone Owners Over Intentional Slowing of Older iPhones

AP- iPhone owners from several states sued Apple for not disclosing sooner that it issued software updates deliberately slowing older-model phones so aging batteries lasted longer, saying Apple’s silence led them to wrongly conclude that their only option was to buy newer, pricier iPhones. The allegations were in a lawsuit filed on Thursday in Chicago […]

Belarus Adopts Cryptocurrency Law To Woo Foreign Investors

Belarus has legalized transactions in crypto-currencies, part of a drive to foster private sector growth and attract foreign investment by liberalizing parts of its Soviet-style economy. President Alexander Lukashenko signed a decree on the move on Thursday, his press service said. Bitcoin, the world’s most popular crypto-currency, has lost a third of its value since […]

Uber rival Didi Chuxing gets $4 bn from SoftBank, others for global expansion

Chinese ride-hailing service Didi Chuxing Technology Co has raised $4 billion in a new funding round, the firm said on Thursday, boosting its war chest as it looks to expand overseas and intensify a challenge to Uber Technologies Inc. The fundraising will help fuel the firm’s global expansion plans as well as help it develop […]

Uber Names Ex-Orbitz Executive As COO

Uber Technologies Inc on Wednesday named the former chief executive of Orbitz to be its chief operating officer, second-in-command to new CEO Dara Khosrowshahi, who has been revamping the leadership team in hopes of turning around the ride provider and preparing for an IPO. Barney Harford, who was CEO of online travel service Orbitz Worldwide […]

France Becomes The First Country In The World To Ban Oil & Gas Production

The  parliament of France has approved to pass a law to ban all exploration and production of oil and natural gas by the year 2040 within the country and its overseas territories. Under that law that passed a final vote on Tuesday, the permits of existing drills will not be renewed and no new exploration […]

Facebook Reveals Data On Copyright And Trademark Complaints

Facebook Inc announced Monday that it removed nearly 3 million posts, including videos, ads and other forms of content, from its services during the first half of 2017 following complaints of counterfeiting and copyright and trademark infringement. The worldwide data on intellectual property-related takedowns is a new disclosure for Facebook as part of its biannual […]

Google Crunches Data To Help NASA Find Two New Planets

Alphabet Inc’s Google and NASA said on Thursday that advanced computer analysis identified two new planets around distant stars, including one that is part of the first star system with as many planets as Earth’s solar system. The research by Google and the University of Texas at Austin that used data from NASA raised the […]

SV.CO, Facebook To Partner With Academia For Tech Training

Start-up Village Collective, in association with Facebook, will partner academic institutions to train students on latest technologies developing globally, starting with virtual reality technology. “Most of the companies work with US universities to reach out to students and build innovative product and application on emerging technologies. We in partnership with Facebook will take up every […]