Miscellany

Miscellany

India’s role ‘crucial’ in WhatsApp

India's most valuable business is earning money hand over fist from oil. Yet what’s exciting investors about Reliance Industries Ltd are its telecoms losses.

Facebook envisions using brain waves to type words

Facebook Inc’s research unit Building 8 is working to make it possible for people to type using signals from their brains, part of the lab’s broader effort to free people from their phones.
Regina Dugan, hired from Alphabet Inc last year to oversee the lab, said that within “a few years’ time” Facebook aims to develop a system that can type at 100 words per minute, just from monitoring the brain, without using any kind of implant. The company is working with outside academics on the issue.

Bansalgate shows no sign of cooling off

With a new drama playing out over former Infosys CFO Rajiv Bansal (in pic) taking the arbitration route to get the company to settle the balance amount as agreed in the severance agreement, when he left the company in late 2015, old fissures have reopened between the founders and the executive management.

Wipro sacks 600 on performance grounds

India’s third largest software services company Wipro has sacked hundreds of employees following its annual “performance appraisal.”
As per sources, Wipro has shown the door to about 600 employees, while speculation was rife that the number could go as high as 2,000.
At the end of December 2016, the Bengaluru-based company had over 1.79 lakh employees.
When contacted, Wipro said it undertakes a “rigorous performance appraisal process” on a regular basis to align its workforce with business objectives, strategic priorities of the company, and client requirements.

Amazon unveils Fire TV Stick at Rs 3999

Amazon India has launched its premium streaming device, the Amazon Fire TV Stick, at a price of Rs 3,999 along with with voice remote.
This comes three and a half months after introducing Prime Video and is a move by the logistics-major to take over India’s small screen market by storm.
With the India launch of the device, which lets its users stream video content directly on television, the company is seen standing tall against competitors like Google’s Chromecast.

Facebook for ‘everyone’, not just high-end

Facebook Inc. Chief Executive Officer Mark Zuckerberg laid out his strategy for augmented reality, saying the social network will use smartphone cameras to overlay virtual items on the real world rather than waiting for AR glasses to be technically possible.

LG plans to make India export hub

South Korean consumer electronics giant LG is looking at making India its export hub, banking on good ties between the two countries at a time when its overseas shipments from China are declining.
According to LG Electronics India Managing Director Ki Wan Kim, one of the main reasons for the company to look at making India an export hub is due to tension prevailing between South Korea and China. LG, which has two manufacturing units in India, exports to the Middle East and countries in the eastern coast of African continent.

Apple readies iPhone overhaul for smartphone’s 10th anniversary

Ten years after Steve Jobs held up the original iPhone to a gushing San Francisco crowd, Apple is planning its most extensive iPhone lineup to date. Apple is preparing three iPhones for launch as soon as this fall, including upgraded versions of the current two iPhone models and a new top-of-the-line handset with an overhauled look, according to people familiar with the matter. For the redesigned phone, Ap­ple is testing a new ty­pe of screen, curved glass and st­ainless steel materials, and m­ore advanced cameras, sources said.

Google Earth reinvented

Google on Tuesday laun­ched a re-imagined version of its free Earth mapping service, weaving in storytelling and artificial intelligence and freeing it from apps.
“This is our gift to the world,” Google Earth director Rebecca Moore said while giving AFP an early look at the new version of the programme that lets people range the planet from the comfort of their computers, smartphones or tablets.
“It’s a product that speaks to our deepest values around education and making information available to people,” Moore said.

Robots may help build your next home

The future of US homebuilding depends on more people like Cyndicy Yarborough, a 26-year-old former Wal-Mart clerk with no background in construction.

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