Miscellany

Miscellany

Google, Mastercard cut a secret ad deal to track retail sales

For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the US That insight came thanks in part to a stockpile of Mastercard transactions that Google paid for.

But most of the two billion Mastercard holders aren’t aware of this behind-the-scenes tracking. That’s because the companies never told the public about the arrangement.

Nestle launches DNA testing kit

The company that brought you milk ch­oc­olate, Maggi in­st­ant noodles and Ro­cky Road ice cream is worried about your health. Nestle SA, the world’s lar­g­est food company, has joi­n­ed the trend for personali­sed nutrition with a blend of artificial intelligence, DNA testing and the mode­rn obsession with Instagr­a­mming food. The progra­m­me, begun in aging Japan, could provide the Swiss co­m­pany with a wea­lth of data about custom­ers’ welln­e­ss and diet as it pivots towa­rd consumers who are see­king to improve their he­al­th and longevity.

‘High-level panel to decide on invoking Section 7 of RBI Act’

To prove relief to stres-sed power projects from insolvency proceedings, a high-level empowered committee will decide on whether to invoke Section 7 of the RBI Act, the government has said.

Economic Affairs Secretary S C Garg told reporters that there is a panel headed by the Cabinet Secretary which will take a call on whether to invoke Section 7 of the RBI Act or not.

India plans to send a crew of three to space by 2022

India plans to spend $1.4 billion to send a crew of three to space by 2022, spurred by Prime Minister Narendra Modi’s goal that will help the country break into an elite club.

A module with three astronauts will be launched from Sriharikota, a tiny barrier island in southeastern India, taking the passengers on a seven-day voyage around the Earth, according to the government. The capsule will then land in the Arabian sea, near the western coast of Gujarat.

Social Venture Partners aims to create 1m jobs by 2022

Social Venture Partners India — a collaborative venture started and supported by professionals, businessmen and active partners who are willing to devote time and energies in terms of mentorship, technology and funds — is working towards creating one million sustainable new jobs in the country by 2022.

Apple to embrace iPhone X with additional features

Apple Inc is not only doubling down on the iPhone X, it’s tripling down. The world’s most valuable company plans to launch three new phones soon that keep the edge-to-edge screen design of last year’s flagship, according to people familiar with the matter. The devices will boast a wider range of prices, features and sizes to increase their appeal, said the people, who asked not to be identified discussing unannounced products.

Gaganyaan mission on schedule

The Indian space research organization (Isro) will complete its first manned space mission on schedule as the programme was finalised a few years ago, K Vijay Raghavan, principal scientific adviser to the Government of India, has stressed. “This mission is not happening out of the blue, nor is it a coincidence. We were giving shape to this mission for a while,” Raghavan in an interview.

AI experts are in high demand, in the money and in New York

From Silicon Valley to Wall Street, there’s increasing demand for highly-skilled workers in Artificial Intelligence and machine learning. But there’s a limited pool of talent, and viable candidates who smell the desperation are putting a high price on their skills.

Electric trucks facing long road to unseat diesel engines

The next battleground for replacing fossil fuel-guzzling vehicles will be US interstate highways, where long-haul trucks keep the economy moving.

Electric trucks are coming, and they’ll be cleaner and cheaper to operate than conventional models that burn diesel, according to Tesla Inc, which already has prototypes on the road. Diesel advocates say range and recharging will be bigger hurdles for massive 18-wheelers than they’ve been for cars, and it will be several years before battery-powered models are ready for the open road.

CAD may widen, but target to be met: Official

India’s current account deficit (CAD) may widen to 2.5 per cent of the GDP in 2018-19 due to higher oil prices, a situation, which has been accentuated by rupee depreciation.

However, a top finance ministry official on Tuesday said that the government will meet the fiscal deficit target for the current fiscal despite ‘some slippages’ in the CAD.

The comfortable forex reserve built up over the last three years will help the government deal with the volatility in oil prices in the international market, the official said.

Pages