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  • Flipkart Obtained Additional US$71 mn by Naspers in Investments

    Published On : Jun 28,2017

    Naspers, the media conglomerate based in South Africa, has invested an additional amount of US$71 mn in the online retail giant, Flipkart in April 2017, which led to an increase in its stake in the e-retailer to 16%. The added interest was procure

  • IBM to Develop Blockchain-based Platform for European Banks

    Published On : Jun 28,2017

    IBM, one of the world’s leading technology company, is developing a blockchain-based platform for leading banks in Europe, including Deutsche Bank and HSBC. This platform is specifically intended to simplify trade finance transactions for SMEs.

  • OnePlus CEO Fights Criticism on OnePlus 5

    Published On : Jun 27,2017

    OnePlus holds a tradition of sorts to receive a truck load of criticism every time they release a new phone. Complaints to date have ranged from their phones being invite-only, to hardware issues, or the massive bump in cost between handsets. Cont

  • Research Claims 25% Sea Level Rise Caused by Melting Greenland Ice

    Published On : Jun 27,2017

    According to a recent study, in 2014, ocean levels have increased at a rate 50% faster than they did in 1993, and the water from melting of ice in Greenland is responsible for supplying 25% of the rise in sea level. Only five years ago, the same c

  • German Government Allocates €31 mn Fund for Renewable Energy Projects in Zambia

    Published On : Jun 26,2017

    Germany planning to help Zambia accelerate the development of renewable energy through a €31 mn fund. News has it that Germany has allocated the funds to its development bank KfW. The funds will be directed towards the implementation of Zambia

  • Asian Development Bank Creates $200m facility to Fund Renewable Energy Projects in Small Pacific Island Countries

    Published On : Jun 26,2017

    In a bid to encourage the development of the renewable energy sector in Pacific island countries, the Asian Development Bank (ADB) has decided to create a new financial investment facility, named the Pacific Renewable Energy Investment Facility. T

  • New Aviation Bill a boon for Amazon’s Drone Delivery Dreams

    Published On : Jun 23,2017

    Companies such as Amazon Inc. and Alphabet Inc., backed by Google, are in the race to develop drones that are capable of making deliveries to consumers, although the restrictions pertaining to where drones can fly is hindering the real-life experi

  • Immigration Visa & Defense in Menu as Modi Meets Trump

    Published On : Jun 23,2017

    How many times has Narendra Modi visited the U.S. since becoming India’s PM on May 26, 2014? Inside three years at India’s most powerful position, Mr. Modi has been to the U.S. four times, with the fifth one slotted for the last week of June 2

  • Microsoft Releases New Windows 10 Insider Preview Build for PCs

    Published On : Jun 22,2017

    A thing that makes Windows 10 quite different from its predecessors is that it is a service, which makes it possible to update the OS regularly with not just fixes but also new features. Ever since the launch of Windows 10, Microsoft has released

  • Samsung Offers Preview of Bixby to Select Samsung S8 and S8+ Owners

    Published On : Jun 22,2017

    Lately, Samsung announced it will offer early access to artificial-intelligence-based voice-command technology, Bixby to its select Galaxy S8 and S8+ owners in the U.S. For this, Galaxy S8 or S8+ owners have to sign up for participating in th

  • Cholesterol-lowering Methods to be Simpler for Patients

    Published On : Jun 21,2017

    Those suffering from high cholesterol may have a new ray of hope with yearly jabs of cholesterol-lowering booster jabs. This could mean that patients could stop taking statins, which a commonly prescribed solution across the UK and many other part

  • Hope of New Ebola Drug Shines Bright amongst Affected Regions

    Published On : Jun 21,2017

    The rise of Ebola over the years has prompted several pharmaceutical companies and scientists to invest in development of vaccines. This lethal disease severely hit Africa and newer cases of it have been reported in India as well. However, on a br

  • Amazon’s Decision to Buy Whole Foods - A Smart Move or ‘Big Brother’ Takeover?

    Published On : Jun 19,2017

    Amazon took everyone by surprise with its recent announcement of buying out Whole Foods at a hopping US$13.7 billion. The announcement has been met with a mixed response: fans of Amazon have applauded this bold move; however, critics as well as th

  • Boeing to Launch New Larger 737 at Paris Expo; its First since 2013

    Published On : Jun 19,2017

    It has been four years since Boeing Co. launched a new jet and the company has just hinted at its intent to do so, with the go-ahead likely to be received at Monday’s Paris Air Show. The Max 10 narrow-body 737 is said to have the capacity to car

  • Twitterati Critical of Latest Changes in Design and Interface

    Published On : Jun 16,2017

    Twitter has just revealed its new avatar and in keeping with the several other changes the short-messaging service has made of late, Twitterati is not so pleased with the revisions. The San Francisco-based company said that the latest design focus

  • Upheaval at Uber Headquarters may Affect Operations in India

    Published On : Jun 16,2017

    Uber’s operations in India are likely to take a hit owing to the disarray in the company after the exit of a top management-level executive. Just days after head of the Asia Pacific division Eric Alexander and senior vice president Emil Michael

  • Discount Sales Flooding Market, with GST a Few Days Away

    Published On : Jun 15,2017

    As the countdown for Goods and Services Tax (GST) rollout enters the final stage, discount on electronic appliances, mobile accessories, apparel, and footwear is picking pace. Ecommerce platforms and brick and mortar stores alike, are flooded with

  • Facebook’s Research Team Gives Bots Ability to Reason, Negotiate

    Published On : Jun 15,2017

    Facebook offers new technology, pushing ability to create bots, which can converse, negotiate, and reason every step in creating a personalized digital assistance. The news was revealed by researchers Dhruv Batra and Mike Lewis in their latest blo

  • Latest Obesity Study finds 1/3rd of Global Population Overweight

    Published On : Jun 14,2017

    A new study has reported that over 2 billion children and adults around the world are either overweight or obese and suffer from various health issues owing to their weight. This figure amounts to one third of the global population. Researchers ha

  • Gymboree Shuts Down 450 Stores in the Wake of Bankruptcy

    Published On : Jun 14,2017

    Gymboree, the kids clothing chain in the US, is closing hundreds of its stores in the wake of filing for bankruptcy. In the midst of crushing pressure from retailers across the nation, the clothing chain will be shutting down 375 to 450 of the 1,2

  • Epigenetic Changes Being Linked to Violent Tendencies in Children

    Published On : Jun 13,2017

    According to a new study, there is a direct relation between the consumption of cigarettes and alcohol by pregnant women and the violent behavior shown by their offspring. As stated in the study, the exposure to the chemicals in cigarettes and alc

  • Seagate Unleashes 8TB Game Drive for Hardcore Xbox One Users

    Published On : Jun 13,2017

    The past month has been a great one for Microsoft with the launch of Game Pass, its new online subscription service for Xboz One games. The company has also unveiled its new console, the Xbox One X, at E3 2017. The console itself comes with an int

  • Xbox One X Uncovered by Microsoft ahead of E3 Games 2017

    Published On : Jun 12,2017

    Ahead of the Los Angeles E3 games show, tech giant Microsoft revealed its latest gaming console in the line which is a powerful and high-end version of the Xbox One known as the Xbox One X. It endorsed the machine’s specs and its capability to r

  • Pound Sterling Stable after Jarring U.K. Elections

    Published On : Jun 12,2017

    After being at its extreme low since last week’s shocking election revelations, the British pound has finally gained stability in the Asian markets. It closed at US$1.2743 on Friday and traded at US$1.2740 on Monday morning. According to busines

  • Amazon Ends its Unlimited Cloud Storage for Amazon Drive

    Published On : Jun 09,2017

    Amazon drive has changed their policies regarding the cloud storage. Now you could get unlimited storage options for any of your data, which is surely an unbeatable deal. Amazon was the only company offering unlimited free cloud storage for $60-a-