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Times Internet To Acquire Cricket Broadcaster Willow TV

4Mar By NitishNo Comments

ACQUISITION

Times Internet To Acquire Cricket Broadcaster Willow TV

NEW DELHI: Times Internet, the digital venture of the Times of India group, will acquire US-based cricket broadcaster Willow TV International in a USD 100 million (around Rs 673 crore) deal. "Times (Internet) has committed USD 100 million to the purchase of Willow and our primary investment into the business - for rights acquisitions, marketing, and to grow cricket in the US market," Times Internet Director Satyan Gajwani said in a statement. For Times Internet, Willow would complement its own online cricket platform Cricbuzz. "Willow is complimentary to our existing audience and presence with cricbuzz.com, in a market with high-value, affluent consumers with a propensity to pay for content," he added. Named after English willow tree from which cricket bats are made, Willow is ...

2Mar By reutersNo Comments

CHINA

China Party to Punish Former Tycoon for Microblog Posts

China's ruling Communist Party will impose "severe intra-party penalties" on a former property tycoon whose microblogs were closed at the weekend after he criticised government policy, state news agency Xinhua reported. Microblog portals such as Weibo.com and t.qq.com, among China's most popular, were ordered to shut the accounts of Ren Zhiqiang, a retired top executive from a state-controlled property developer who had more than 30 million online followers. China's Internet regulator said that Ren, a party member, had been "spreading illegal information". Chinese media has accused Ren of making remarks criticising state media and questioning whether taxpayers money should be used to promote the government. The Beijing city Xicheng district party committee said that Ren had "re...

Indian Railways Website Allegedly Hacked By Al-Qaida

2Mar By NitishNo Comments

News

Indian Railways Website Allegedly Hacked By Al-Qaida

IANS- Terror outfit al-Qaida on Tuesday allegedly hacked a microsite of the Indian Railways' Railnet page. The hacked page of Bhusawal division of Personnel Department of the Central Railway and part of a large intranet created for the department's administrative needs, was replaced by a message purportedly from Maulana Aasim Umar, al-Qaida chief in south Asia, to all Indian Muslims. "Why is there no storm in your ocean? A message for Muslims of India from Maulana Aasim Umar (May Allah protect him)," read the message. An attached 11-page document on the hacked page read: "Will the land of Delhi not give birth to a Shah Muhadith Delhvi who may once again teach the Muslims of India the forgotten lesson of Jihad and inspire them to take to the battlefields of Jihad?" "Is there no ...

Soon, Differently-Abled Can Avail Rail Travel Concessions Online

28Feb By AnkitaNo Comments

News

Soon, Differently-Abled Can Avail Rail Travel Concessions Online

The Indian Railways is fulfilling its social obligations towards Divyang, senior citizens and women travellers, Union Railway Minister Suresh Prabhu said on Thursday while presenting the rail budget in the Lok Sabha. Prabhu said that for Divyang (differently-abled), the railways have introduced one-time registration for availing concessions while booking tickets online, online booking of wheelchairs and Braille-enabled new coaches. Also, the quota of lower berths has been increased for senior citizens and women. "In the coming financial year, the railways is increasing the senior citizen quota per coach by 50 percent, resulting in almost 120 lower berths per train for senior citizens," he said. The minister said that in pursuance of the objectives of Accessible India campaign,...

Reliance Jio Will Be Ready to Commercially Launch in 2016: Mukesh Ambani

21Feb By AnkitaNo Comments

Entrepreneurs Talk

Reliance Jio Will Be Ready to Commercially Launch in 2016: Mukesh Ambani

New Delhi: Mukesh Ambani, India’s richest person, has said Reliance Jio will be ready to commercially launch its much talked about 4G telecom services in second half of 2016, offering 80% of Indians high-speed mobile Internet as well as voice services. Reliance Jio had, in late December, unveiled fourth generation (4G) service for its employees, marking Ambani’s return to the telecom sector years after Reliance Group’s telecom unit had gone to his younger brother Anil following a split between the two siblings. “We’ll be ready to launch in the second half of 2016. 80% of India’s population will have high-speed, mobile broadband internet. ”So 80% of the 1.3 billion Indians will have high-speed, mobile internet. And by 2017, we would cover 90%. And by 2018, all of India would be covered by ...

Google Acquired Singapore Startup Pie, Looking to Build Engineering Team

20Feb By AnkitaNo Comments

FUNDING

Google Acquired Singapore Startup Pie, Looking to Build Engineering Team

Google has acquired Singapore-based startup Pie.co, a slack like chat platform. The move behind this acquisition is to bring good engineers from Asia-pacific into Google. In its blog Google said, According to the UN, 300 million people came online for the first time last year. Put another way, in 2015, there were more people using the Internet for the first time than there were Americans using the Internet already. But the computing experience for most of these first-timers, coming online in places like India, Indonesia and the Philippines, is very different from the one many of us grew up with – and not the one that most of Google’s services were originally designed for. Their main (and in most cases, only) “computer” is a low-cost smartphone. Connectivity is expensive in relatio...

Yahoo Inc Officially Launched The Sale of Its Core Business

20Feb By reutersNo Comments

News

Yahoo Inc Officially Launched The Sale of Its Core Business

Yahoo Inc officially launched the sale of its core business on Friday, a move seen as a positive step for frustrated investors but not enough to keep an activist hedge fund from pursuing a proxy fight against the struggling Internet company. Yahoo shares jumped after the company announced its board has formed a committee of independent directors to explore strategic alternatives, and that it has hired investment banks and a law firm to run the process. The launch of the auction process, a move activist hedge fund Starboard Value and other shareholders have pushed since late last year, showed the company was moving another step closer to selling its core business, which includes search, mail and news sites, rather than spin it off as previously planned. The move follows more than t...

Use of Indian Languages is Critical to Achieve The Digital India Dream: Report

20Feb By NitishNo Comments

News

Use of Indian Languages is Critical to Achieve The Digital India Dream: Report

New Delhi- Advocating the need for more content in Indian languages to propel internet penetration, a report titled ‘Proliferation of Indian Languages on Internet’ finds that enabling local language content on the Internet will lead to a growth of 39% in the current Internet user base. 75% growth will be from the rural users while only 16% growth will come from urban India. The report, published by the Internet and Mobile Association of India (IAMAI), finds that The English language still accounts for 56% of the content on the worldwide web while Indian languages account for less than 0.1%. However, while The Internet in India is predominantly English, there is a high potential for regional language content. According to the report, in the last year alone, Hindi content on the web has gro...

Google’s Internet Balloon ‘Crashes’ in Sri Lanka Test Flight

18Feb By AnkitaNo Comments

News

Google’s Internet Balloon ‘Crashes’ in Sri Lanka Test Flight

AFP, COLOMBO: A Google balloon, part of the company's high-speed Internet service known as "Project Loon", crashed in a Sri Lankan tea plantation during its maiden test flight, local police said today. Villagers found the deflated balloon with its electronic equipment in the island's central tea-growing region of Gampola on Wednesday night, an officer told AFP. "Tea plantation workers found it crashed in the plantation. They picked up the pieces and brought it to the station," the officer, who is not authorised to speak with media, told AFP by phone. However, Sri Lanka's Information and Communication Technology Agency, which is coordinating the tests with Google, described the landing as controlled and scheduled. "Google loon balloon safely landed under standard operating proce...

Here’s What LinkedIn CEO Jeff Weiner’s Said After Stock Loses 40% of Its Value

13Feb By No Comments

BLOGS

Here’s What LinkedIn CEO Jeff Weiner’s Said After Stock Loses 40% of Its Value

In case you haven’t been paying attention, many tech stocks are under serious pressure. LinkedIn, where I have been an executive for nearly six years, is one of those companies, having lost more than 40% of our value after announcing our 2015 earnings and guidance for 2016 last Thursday. As you can imagine, this has the potential to cause angst and churn, both internally and externally, and over the last week, I’ve been fascinated by the varied reactions of people, both inside and outside the company, with whom I’ve interacted: indignant, perplexed, resilient, full of pity, inspired and shell-shocked. When something like this happens at a company, you can witness very extreme, and often negative, reactions from people like the CEO and CFO, who can get into a blame game and create a c...

Net Neutrality: Facebook Shuts Free Basics Programme in India

11Feb By Press Trust of IndiaNo Comments

News

Net Neutrality: Facebook Shuts Free Basics Programme in India

New Delhi: In a boost to net neutrality, Facebook has decided to shut down its controversial 'Free Basics' programme in India, following telecom regulator Trai's move to bar operators from charging different rates for Internet access based on content. Facebook had met with severe criticism for its programme, which aimed at providing basic Internet access to people in partnership with telecom operators. Critics saw this as violation of the principle of net neutrality that states that entire Internet should be available to everyone on equal terms as Free Basics allowed access to selected websites. "Free Basics is no longer available to people in India," a Facebook spokesperson said in an emailed response. The service was available in India with Reliance Communications. In Decembe...

RIP Facebook Free Basics, TRAI Supports Net Neutrality

8Feb By PriyankaNo Comments

News

RIP Facebook Free Basics, TRAI Supports Net Neutrality

Indian Entrepreneurs will be too happy this time. Reason? Telecom Regulatory Authority of India (TRAI), has finally put to rest the differential pricing debate for at least two years. TRAI on Monday said that no company or offer to charge discriminatory tariff for data on basis of content effective immediately. India’s telecom regulator TRAI says no company to offer/charge discriminatory tariffs for data on basis of content - TV— Reuters India (@ReutersIndia) February 8, 2016 //platform.twitter.com/widgets.js The regulator, which warned the operators that they cannot enter into any arrangement based on discriminatory pricing, also said that financial disincentives of Rs. 50,000-50 Lakh will be charged If TRAI regulations were violated. TRAI Releases its Regulations on &q...