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3Nov By NitishNo Comments

INDIA

Indian Govt. and Linkedin Sign MoU to Create More Jobs For Students

Leading global professional network LinkedIn today said it has signed an agreement with the human resource development ministry to create more job opportunities for Indian students. As part of the MoU, LinkedIn's 'Placements' product will be adopted by all Indian colleges affiliated with All India Council for Technical Education (AICTE), the company said in a release issued here. 'Placements' provides a level-playing field for all students, regardless of their location or college and allows them to take an online assessment test, which gives them direct access to thousands of openings in 35 top corporates in India, it added. "We're excited to work with the HRD ministry and AICTE to help students get greater access to the 'Placements' product. Our objective with 'Placements' is to ...

Twitter Discontinue Engineering Tasks in India, Lay Off Employees At Bengaluru Development Centre

20Sep By AnkitaNo Comments

News

Twitter Discontinue Engineering Tasks in India, Lay Off Employees At Bengaluru Development Centre

Microblogging site Twitter has decided to discontinue engineering tasks in India, a move that will lead to lay offs at its development centre in Bengaluru. The company, however, did not disclose the number of people being handed pink slips. When contacted, Twitter in an emailed statement said: "As part of our normal business review, we have decided to stop the global engineering work at the Bengaluru development centre. We thank the impacted individuals for their valuable contributions and are doing as much as we can to provide them a respectful exit from our company." The company "remains committed to India as a strategic market for users, partners and advertisers," it added. The company further said: "Today, India is one of our fastest growing markets worldwide and we continue to...

Marisaa Mayer Letter To Yahoo Employees After Verizon Deal

25Jul By NitishNo Comments

Story

Marisaa Mayer Letter To Yahoo Employees After Verizon Deal

As Verizon Communications Inc announced that it would buy Yahoo Inc's core internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal that ends a lengthy sale process for the fading Web pioneer. CEO and Head of Yahoo, Marisaa Mayer wrote an emotional letter to all search based employees. She mentioned in the blog - Today is a big day for Yahoo! This is the email that I sent to Yahoos around the world today. Given the interest around our journey to this point, I wanted to share more about today’s announcement. –Marissa. Dear Yahoos, Moments ago, we announced an agreement with Verizon to acquire Yahoo’s operating business. This culminates a rigorous, thorough process over many months, and yields a great outcome for the c...

Dailyhunt Invested 15 Crores in OneIndia

18Jul By AnkitaNo Comments

FUNDING

Dailyhunt Invested 15 Crores in OneIndia

Dailyhunt, an app for news and e-book invested Rs 15 crore in the local news language portal OneIndia also known as Greynium Information Technologies, owned by Rajesh Jain and BG Mahesh. The funding from DailyHunt seen as a revenues sources for advertisement spend on digital with increasing smartphone users. Dailyhunt and Oneindia already have a content partnership. Rajesh Jain and BG Mahesh were the brains behind Prime Minister Narendra Modi's digital strategy during the 2014 elections and the investment will help Dailyhunt expand its partnership with OneIndia, which is owned by Greynium Information Technologies. Founded in January 2006, OneIndia websites includes Cricket, FilmiBeat and CareerIndia sections had 35 million unique visitors and 500-million page views a month. ...

Times Group Will Invest 500 Crores in Flipkart

4Jun By AnkitaNo Comments

News

Times Group Will Invest 500 Crores in Flipkart

Bennett, Coleman and Co. Ltd (BCCL) also known as Times Group would like to invest in Flipkart Ltd, India’s largest e-commerce firm. The amount is about Rs.500 crore for small equity. The deal is partly by cash and ads, as per mint report said. As per the report, Flipkart will issue shares to BCCL in return for cash and ads of its media properties such as The Times of India, The Economic Times newspapers and ET Now and Times Now channels for several years. Flipkart and Times Group has not confirmed yet. Theoretically, at Flipkart’s presumed $15 billion valuation, aRs.500 crore deal would translate into a 0.5% stake. If the Flipkart deal goes through, it will boost BCCL’s already strong connections with India’s booming start-up business. BCCL struck a similar deal with online...

31May By AnkitaNo Comments

News

NewsBytes Launches its News Bot on Facebook Messenger

Started by IIT, IIM and Ivy League alumni; Gurgaon-based news technology start-up NewsBytes launched its automated bot on Facebook Messenger. The beta version of their cross-platform bot is a part of Facebook's Messenger program revealed at F8 conference. It is known to be India's first news bot. In its one year of existence, NewsBytes, by Elysium Labs Private Limited, with around 40k downloads on Play Store, has seen a spectacular growth so far. It is one of the highest-rated news apps in India. Its primary focus is to reduce information overload in your everyday news consumption. Its engine along with human curators picks up the most significant news events of the day, summarizes them and creates the contextual timeline around them. Available globally, in English, the bot lets user...

Prasar Bharati to Auction Prime Time Slots on DD

17May By Press Trust of IndiaNo Comments

INDIA

Prasar Bharati to Auction Prime Time Slots on DD

Public Broadcaster Prasar Bharati has decided to auction prime time slots, between 7-11 pm, on its national channel as per a new policy under which the producers will provide content in return for a share in the advertising revenue. The modalities of the new 'slot sale' policy were discussed in a meeting of Prasar Bharati Board, which was also attended by Bollywood actor Kajol, who was nominated earlier this year. Sources said in the meeting chaired by Prasar Bharati chairperson A Surya Prakash, it was felt that e-auctions could be held for the 7-11 pm slots for all the seven days of the week barring Saturdays. The new policy is expected to be rolled out by October 1. "We have decided that on Saturdays, Prasar Bharati Board would reserve the 7-8 pm slot for its own content and the...

Decoding: Facebook’s Trending Topic Controversy

14May By NitishNo Comments

ANALYSIS

Decoding: Facebook’s Trending Topic Controversy

What's behind the accusations that Facebook is manipulating its "trending topics" feature to promote or suppress certain political perspectives? According to the technology blog Gizmodo, a former Facebook contractor with self-described conservative leanings said Facebook downplayed news that conservatives are interested in and artificially promoted liberal issues such as the "BlackLivesMatter" hashtag. Gizmodo did not name this person. Facebook denied the claims, but the GOP-led US Senate Commerce Committee has sent a letter to Facebook and CEO Mark Zuckerberg requesting answers about the matter. What are 'trending topics'? Facebook shows some of the most popular topics being discussed at any given moment. On browsers, the topics appear on the top right corner, separate f...

After Google & Facebook, LinkedIn Planning Its Own Version of ‘Instant Articles’

8May By AdityaNo Comments

News

After Google & Facebook, LinkedIn Planning Its Own Version of ‘Instant Articles’

According to the report, LinkedIn is in the process of discussing a similar product with publishers that will enable the latter to publish their stories on LinkedIn. Facebook's Instant Articles, where publishers post content directly on to Facebook instead of putting links that direct users to their websites, has been a success with both publishers and users. You can then begin publishing them. Currently Facebook and Google has the feature of instant articles that allows users to publish instant articles which means users can publish articles directly on their platform. Google also has the Accelerated Mobile Pages (AMP) Project, an open source initiative that is created to load content instantaneously for publishers, consumer platforms, creators and users. For Facebook, it's all pa...

Reliance Jio Launch Delay Frustrating Investors: Citi Group Report

1May By AdityaNo Comments

News

Reliance Jio Launch Delay Frustrating Investors: Citi Group Report

IANS- The excessive delay in Reliance Jio's commercial launch is frustrating investors, a Citi Group report said. "The ensuing delay could be testing investors' patience. It raises concerns of Jio further eroding its first mover advantage. The capital expenditure targets also continue to go up," the report said. The delay is expected to be on the account of the company's chase for "perfection", it said. "RIL (Reliance Industries Ltd) is leaving no stone unturned in ensuring Jio does not over-promise and under-deliver. The company now plans to fully integrate Reliance Communication's 800 MHz spectrum before the Jio launch (making it the only player with sub-1GHz pan-India LTE spectrum," the report said. "It (RIL) also plans to increase the coverage to 90 per cent (from 70 per ce...

When We Trended on Twitter By Spending Rs. 200!

13Apr By No Comments

BLOGS

When We Trended on Twitter By Spending Rs. 200!

I suffer from all sorts of mania — often conflicting, always annoying for others: Chai-o-mania: drinking chai to the point that my stomach cries of acidity. Fitbit-o-mania: completing my daily 8k steps even if that means that I have to run clumsily at 11:45 pm on my arguably fragile terrace. Passion-o-mania: keep talking about that one idea so passionately that everyone around me starts believing in it. List-o-mania: writing everything in the form of lists. And the list goes on! Some maniacs are short-lived, some last for a few months and some have been there since forever. One such mania is my obsession with lists and striking off an item from the list is my equivalent to the big O. So, it is only right if I say that the bucket list of our one-year-...

15Mar By NitishNo Comments

INDIA

Chinese Smartphone Maker OnePlus To Make Phones in India, Partners With Foxconn

Chinese smartphone maker startup OnePlus will start manufacturing smartphones in India, by the end of this year. In the press statement company announced on Monday, "OnePlus has partnered with contract manufacturer Foxconn, and is the recent company to join the Indian government's ambitious 'Make in India' initiative." "Today is a big day for us. Producing smartphones in India is one of the most important decisions that we have made so far at OnePlus, and we are thankful to the Government of Andhra Pradesh and Foxconn for helping us make this happen. India being one of our biggest markets worldwide, we are committed to a long term sustainable growth path. This move will strengthen our presence and help us step up momentum in India," Pete Lau said. The company will start locally man...