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When India suddenly banned its largest bank notes in November, it led to confusion throughout the country and slowed down the cash-dependent economy. In big cities, the cash ban appears to be spurring digital payments, as the government had hoped. But in rural India, where internet access isn’t reliable, financial access through digital services is slow to take hold. The Wall Street Journal reported on how people […]

In a lab deep within Tata Consultancy Services’ landscaped campus in the western Indian city of Pune, 16 recent graduates are experimenting with new technologies that are shaking up a flagship national industry. TCS, the largest of India’s powerful IT services companies, set up the lab 18 months ago to enable new starters to work on the “internet of things”, the field of connected machines and appliances that […]

Jeff Bezo’s Amazon is coming, take cover Australia!Image: DAVID RYDER/GETTY IMAGES By Jerico Mandybur2017-04-20 02:36:33 UTC The moment Australian retailers have dreaded is here.   Amazon is expanding Down Under, opening warehouses that’ll enable cheap, fast local shipping, and letting small businesses sell goods through the site—a development an Amazon employee reportedly said would “destroy the retail environment in Australia.”   Shopping on Amazon.com is already available […]

Last Friday, New York legislators agreed on a budget that includes funding for tuition-free education at public colleges and universities. That plan, the Excelsior Scholarship, maintains most of the features of a proposal Governor Andrew Cuomo introduced earlier this year, including tuition-free enrollment at the City University of New York and State University of New York systems to students of families earning up to $125,000 per year. […]

Virtu Financial is set to emerge victorious in its effort to buy rival high-frequency trading group KCG Holdings, with a deal expected to be announced on Thursday, according to people briefed on the matter. KCG and Virtu declined to comment. With the announcement of the takeover imminent, Charles Susi, head of institutional sales and electronic trading at KCG, announced internally that he was leaving the company, other […]

Australia’s National Broadband Network (NBN) company has reaffirmed its commitment to implementing gigabit speed-enabling upgrades on the cable portion of its network rollout, on Thursday announcing that it has joined international research and development organisation CableLabs. Calling CableLabs “the driving force behind crucial technological advances in the global cable market”, NBN said its membership of the non-profit organisation demonstrates its focus on hybrid fibre-coaxial (HFC) and the […]

Three years after one of the worst aviation disasters in history, Malaysia Airlines is banking on technology to prevent another one from happening. Malaysia Airlines has inked an agreement with Aireon LLC, SITAONAIR and FlightAware LLC to use a space-based satellite technology to monitor its fleet. The technology is targeted for a 2018 completion. On March 8, 2014, Malaysia Airlines Flight 370 lost communications and disappeared in the Indian Ocean […]

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Qualcomm beat Wall Street’s sales and profit forecasts for its second quarter as the mobile chipmaker’s performance was boosted by the launch of new smartphones including Samsung’s Galaxy S8. However, the company on Wednesday warned of greater uncertainty in its outlook for the next quarter because of its legal battle with Apple, some of whose contract manufacturers have withheld about $1bn in royalty payments to Qualcomm in […]

The defense secretary said Iranian support for the Houthis was destabilizing Yemen, and he talked up the relationship between the United States and Saudi Arabia. Relations are enjoying salad days in the Trump administration after years of friction between the Obama administration and the Saudi leadership, which thought Obama officials were too friendly with Iran. Continue reading the main story Mr. Mattis’s two-day visit, the start of […]

India’s government is allowing app developers to use its biometric database of more than a billion citizens as part of an initiative called “India Stack.” The developers can use customers’ fingerprint and iris scans to compare against records stored as part of the government’s vast biometric data-collection program, to create new ways to access insurance, banking, healthcare and employment. As outlined in a Wall Street Journal article, […]

One of the most important trends in the automobile world is making cars smarter. I’m not talking about autonomous cars, but rather connected features on new cars and retrofitting existing cars with digital intelligence. Two of the most popular add-ons for new cars are Apple’s CarPlay and Google’s Android Auto; many manufacturers—including GM, Mercedes, Honda, Hyundai, VW, and Volvo—offer both in new cars. […]

Fund managers are buying eurozone equities and shunning Wall Street, as a major survey of global money managers this month revealed the fifth-biggest rotation from US to European stocks since the start of monetary union in 1999. The survey of 203 fund managers by Bank of America Merrill Lynch showed a record number — a net 83 per cent — believe US stocks are overvalued and that […]

Bill O’Reilly, the biggest star at Rupert Murdoch’s Fox News Channel, is leaving the cable news network after an independent investigation into claims that he sexually harassed several women. “After a thorough and careful review of allegations against him, the company and Bill O’Reilly have agreed that Bill O’Reilly will not return to the Fox News Channel,” 21st Century Fox, Fox News’ parent company, said in a […]

The survey of U.S. business executives released Friday by the American Chamber of Commerce in China showed 26% had seen data or trade secrets stolen over an unspecified time period. More than 40% said they saw the risk of a data breach in their China operations rising. The chamber hasn’t previously released survey results related to data theft. (via WSJ)

Photo The Monastery of St. Catherine, near Mount Sinai in Egypt, where a policeman was killed and four others were wounded on Monday. Credit Pedro Costa Gomes/Agence France-Presse — Getty Images CAIRO — Gunmen attacked a checkpoint near the iconic St. Catherine’s Monastery in Sinai, one of the oldest Christian monasteries in the world, killing one police officer and wounding four others on Tuesday evening, Egypt’s Interior […]

Right-click any heading to see this list of columns you can add. Click to enlarge Task Manager is one of the most useful diagnostic and troubleshooting tools in Windows. Press its keyboard shortcut, Ctrl+Shift+Esc, or use the option on the Quick Link menu, and you’re greeted with the Processes tab, which shows all running processes, neatly categorized. By default, this tab shows the name of each process […]

At the center of the Centaurus galaxy cluster, there is a large elliptical galaxy called NGC 4696. Deeper still, there is a supermassive black hole buried within the core of this galaxy. New data from NASA’s Chandra X-ray Observatory and other telescopes has revealed details about this giant black hole. Source link

Microsoft CEO Satya Nadella has said India has ‘entrepreneurial energy,’ and that he hopes his company can harness India’s move to make its vast biometric database available to app developers. In Bangalore Monday, Mr. Nadella said he wanted Indians to be able to access Microsoft products using their Aadhar ID cards, and that his company was teaming up with Flipkart, India’s rival to Amazon. Here are five […]

April 19, 2017 by: Vinay Pande and Gerald Lucas The most prominent beneficiary of the so-called Trump trade has been equities, with total returns of 10.5 per cent from the S&P 500 and 10 per cent from the MSCI All-Country World Index since the US election. However, pinning a global bull market on one individual is dangerous. Several other drivers have supported it, making it even more […]

A giant jail ship with thousands of pods similar to the ‘sky cells’ that kept Tyrion Lannister prisoner in Game of Thrones has been designed by architects. Designers have drawn up plans for a giant boat that could hold 3,300 prisoners in its paper sails. They say the ship is designed to be a prison for the tax-avoiders named and shamed in the Panama Papers. A giant […]

Theresa May received overwhelming backing from MPs for a snap UK election that the prime minister said would give her more room for manoeuvre in Brexit negotiations if her Conservative party wins the poll. The prime minister won a vote in the House of Commons on Wednesday by 522 to 13, allowing her to press ahead with an early general election on June 8. The motion overrode […]

WASHINGTON — The Trump administration has certified that Iran continues to comply with a 2015 nuclear agreement that President Trump denounced during the campaign as “the worst deal ever.” The certification decision, announced late Tuesday night, means that the administration has extended relief from sanctions given to the Iranian government in exchange for constraints on its nuclear program. But the certification was grudging, delivered just 90 minutes […]

|By Saifur Rahman| Intex Technologies Ltd, an Indian technology accessories manufacturer with an annual turnover of US$1 billion, is investing INR 25 billion that will push its annual turnover ten-fold to US$10 billion in 5 years, a senior official told The Arabian Post. India is currently the world’s second-largest telecommunications market and has registered strong growth in the past decade and half.The total mobile services market revenue in […]

President Donald Trump has criticized the H-1B skilled-worker visa program as a source of “cheap labor,” and the White House is considering a draft executive order calling for it to be re-examined to protect U.S. workers’ jobs. That’s bad news for technology firms like Microsoft Corp., Alphabet Inc.’s Google and Apple Inc., which depend on H-1B visas to recruit top foreign talent. It also threatens Indian outsourcing […]

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