Miscellany

Miscellany

World’s largest brain-like supercomputer switched on for first time

The world's largest supercomputer designed to work in the same way as the human brain has been switched on for the first time. The newly formed million-processor-core Spiking Neural Network Architecture (SpiNNaker) machine is capable of completing more than 200 million actions per second, with each of its chips having 100 million transistors.

To reach this point it has taken £15 million in funding, 20 years in conception and over 10 years in construction, with the initial build starting way back in 2006, according to a statement.

Alibaba Singles’ Day smashes $25 billion sales record

Chinese e-commerce giant Alibaba Group Holding smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in under 16 hours.

Singles’ Day, also called “Double 11,” is the world’s biggest online sales event, outstripping US shopping holiday Black Friday.

Catch 22 for Indian IT companies

Now, it is almost certain that Donald Trump administration is all set to revise the definition of  “specialty occupations” or types of tech jobs that are currently eligible for H-1B visas and make fresh provisions talent import strategy keeping an exclusive thrust on high-end skills.

This could mean that some of the Indian tech talent that fits the H-1B programme may not find eligibility for immigration to the US once the revision is done.

Samsung gives first glimpse of foldable phone

Samsung Electronics unveiled its much-anticipated foldable phone in San Francisco on Wednesday, urging Android developers to start writing apps for it.

The South Korean tech company needs to get the foldable phone right to reverse steep declines in profit for its mobile division and restore some of the cachet its brand has lost to Apple Inc. Foldable phones promise the screen of a small tablet in a pocket-sized device.

Justin Denison, a senior vice-president of mobile product marketing, showed a prototype with a screen he said measured 7.3 inches (18.5 cm) diagonally.

Cathay Pacific faces probe over massive data breach

Hong Kong’s privacy commissioner will launch a compliance investigation into Cathay Pacific Airways over a data breach involving 9.4 million passengers, saying the carrier may have violated privacy rules.

The airline has faced criticism for the seven-month delay in its October revelation of the breach in the data, which it said had been accessed without authorisation, following suspicious activity in its network in March.

Ambrus Jewels launches first store in Delhi

With the recent launch of its first flagship store in Delhi’s Defence Colony, Ambrus Jewels debuted in precious jewellery business emphasising the need to amalgamate tradition with trend.

Commenting on the launch, founder Arpit Goyal said, “I have always emphasised on giving importance to Indian culture and heritage as reflected in the jewellery pieces. An eye for art, I appreciate the Indian history in architecture with the use of colours. I believe in appreciating the indigenous craftsmanship and promoting the fine jewellery craftsman.”

Cyber safety tips for mobile users ahead of Diwali

Fortinet on Monday reminded online shoppers and bargain hunters in the country to keep their mobile devices secure and stay vigilant against cybercriminals before participating in Alibaba’s 11/11 Singles’ Day, the world’s largest online shopping festival, and the ongoing Diwali festive sales.

Headquartered in Sunnyvale, California, Fortinet develops cyber security softwares, firewalls, anti-virus, intrusion prevention and endpoint security solutions and appliances.

TCS faces US jury over sacking of American staff

After Infosys, TCS is now facing racial discrimination charges in the US, its largest customer market. A few American employees, who have lost their jobs, have raised the allegations and TCS will face trial in California starting Monday, reported Bloomberg.

The trial beings amid tension and uncertainty over H1-B visa. Many Indian companies have exported manpower, a practice that has not found favour with US president Donald Trump.

Women breaking glass ceilings

Women executives in India are slowly rising against the well-entrenched HR flaws called conscious and unconscious biases.

Malls bank on experience as bargain hunters take to e-retail

As e-commerce companies are raining discounts and grabbing a large part of the festive season spends, malls are banking on their experiential quotient to attract customers.

 Deep discounts, cash-backs and other offers have made e-commerce the must-go destination for the bargain hunters. E-commerce has already pocketed a considerable portion of discretionary festive spends, but malls are not disheartened. .

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