The saga of Housing.com, once a red-hot tech startup in India, has reached a conclusion of sorts after the company was sold to rival PropTiger in a deal announced this week. Housing.com was once heralded as a trailblazer for its efforts to digitize the sale and rental of property in India. But a fall from grace, which included the ejection of its outspoken CEO and the removal of […]
Bjarni Benediktsson, leader of the conservative Independence Party, is Iceland’s new prime minister. (Halldor Kolbeins/Agence France-Presse) The Panama Papers — a huge leak of documents detailing the alleged secret offshore holdings of a global elite — were released in April 2016. The leak made headlines all over the world, but its impact was probably most keenly felt in Iceland. Just two days after the leak appeared, Icelandic Prime Minister Sigmundur David Gunnlaugsson […]
Singaporean telecommunications carrier Singtel has launched 450Mbps speeds across its entire 4G network for customers with compatible smartphones, and has also announced attaining speeds of up to 1Gbps in a trial of its 4G network with Ericsson. The network upgrade was achieved by making use of 256 Quadrature Amplitude Modulation (QAM) technology, which increases efficient use of spectrum by increasing the number of unique radio waveform shapes […]
Gamers who are looking forward to the Nintendo Switch will finally know all the details on the upcoming hybrid console on Jan. 12, through a presentation by Nintendo that will be livestreamed for the whole world to watch. In advance of the official presentation, the rumor mill has been busy churning out reports and leaks for the Nintendo Switch, including the lineup of games available upon the hybrid […]
State-owned budget carrier flydubai said on Tuesday it is in talks with banks for a club financing facility to fund future “infrastructure requirements”. Lenders Emirates NBD, Noor Bank and Union National Bank are involved in the preliminary discussions, the Dubai-based carrier said in an emailed statement to Reuters. A flydubai spokesperson declined to provide further details on the loan. Source link
Jan 11, 2017 10:15 am IST A senior Indian government minister predicted upcoming state elections would be a “complete sweep” for Prime Minister Narendra Modi’s party, which is hoping that a strong mandate will help it push through more policy changes in the second half of Mr. Modi’s term. Piyush Goyal, the power minister and a influential leader in the Bharatiya Janata Party, said he was comfortable using the […]
Photo James E. Cartwright, a retired Marine general, arriving at Federal District Court in Washington in October. Credit Pablo Martinez Monsivais/Associated Press PWASHINGTON — Federal prosecutors asked a judge on Tuesday to sentence James E. Cartwright, a retired Marine Corps general and former vice chairman of the Joint Chiefs of Staff, to two years in prison for lying to F.B.I. agents about his discussions with reporters about […]
Saudi Arabia plans to follow its record breaking debut on global debt markets with an Islamic bond issue in a sale that could come as early as February. The sharia-compliant sukuk will form part of a pipeline of bond sales to finance the kingdom’s budget deficit and invest in economic diversification away from oil and is likely to appeal to regional investors in the Gulf. Last year, […]
Submitted by Mike Krieger via Liberty Blitzkrieg blog, The true patriotism, the only rational patriotism is loyalty to the nation all the time, loyalty to the government when it deserves it. – Mark Twain, The Czar’s Soliloquy” At this point, pretty much everyone in America has seen the results of Hillary Clinton media pet, John Harwood’s recent Twitter poll. Who do you believe America? — John Harwood (@JohnJHarwood) January 6, […]
Tata Group plans to set up a regional office in South Korea and build a datacentre, reports ChosunBiz. India’s biggest conglomerate is likely preparing for the rise of the connected cars industry in Korea, the report said. Tata Teleservices will set up the office within the month and register as a telco business by March, it said. Tata Group, dubbed “India’s Samsung” by the Korean press, has […]
The list grows longer. The names sometimes come via police posts like Police Station 3, and Sagpang described how he compiled them. “A confidential informant came, to say drugs are very prevalent in such-and-such area,” he told me. “We have to dig deeper. We deploy detectives and intelligence operatives” to verify that “Mr. So-and-So is fiddling drugs in the community.” In other words, the police counted on […]
The New York Stock Exchange plans to end floor trading on its NYSE MKT venue for small capitalisation stocks in the latest example of financial dealings going completely electronic. The move, earmarked for the second quarter, comes as NYSE prepares to transition that market to Pillar, an integrated trading technology platform designed for its equities and options markets, according to a regulatory filing. It represents another shuttering […]
(Image: Tesla) The mystery over where programming language aficionado Chris Lattner would be heading after his stint at Apple lasted mere hours, with Tesla announcing his recruitment. Lattner will serve as Tesla’s vice president of Autopilot Software, taking the reins from Jinnah Hosein, who had been serving as software vice president for SpaceX as well as looking after Autopilot on an interim basis. “Chris’ reputation for engineering […]
Xuewei Qi and a team of UCR researchers are using vehicle connectivity and evolutionary algorithms to improve the efficiency of Plug-In Hybrid Electric Vehicles. Credit: UC Riverside Engineers at the University of California, Riverside have taken inspiration from biological evolution and the energy savings garnered by birds flying in formation to improve the efficiency of plug-in hybrid electric vehicles (PHEVs) by more than 30 percent. Titled “Development […]
Apple CEO Tim Cook touring a Foxconn facility. While Apple isn’t Foxconn’s only partner, it’s the biggest. (Image: File photo) Key iPhone supplier Foxconn Technology Group has posted its first annual sales decline since it went public in 1991, thanks to slowing sales of the iPhone, according to Nikkei. For full year 2016, Foxconn posted revenues of roughly $136.38 billion, down 2.81 percent from a year ago. […]
In the teeming streets, scenes clashed incongruously. At one point, Ayatollah Khamenei could be heard through loudspeakers saying prayers for Mr. Rafsanjani while protesters chanted opposition slogans. Some wore green wristbands, the color of the opposition, and flashed victory signs. Continue reading the main story Supporters of the establishment tried to drown out the slogans by shouting “Allahu akbar,” meaning “God is great,” but for the most […]
The FTSE 100 notched up its longest run of record highs on Tuesday as another low for sterling helped the UK’s blue-chip index outperform European peers. The main London benchmark added 0.5 per cent, up 37.7 points to 7,275.47. It was the FTSE’s ninth consecutive record-high close as well as its 11th consecutive gain, a winning streak it has only equalled three times — in 1997, 2004 […]
On Tuesday morning, as they have for so many mornings now, Glenn Smith, Jennifer Berry Hawes and Abigail Darlington walked into Charleston’s District Court at 85 Broad Street with the tools they would need to tell the story. Hawes brought her 8.5-by-11-inch yellow notebook and whatever pen she had grabbed from the newsroom. Smith came ready to liveblog with his laptop and phone. Darlington planned to catch […]
To address criticism from regulators and public policy groups, Microsoft is making some changes in its privacy practices. Of all the body blows Microsoft has absorbed in the past 18 months over Windows 10, the criticisms of its privacy policies have to sting the most. Last summer, the French National Data Protection Commission (CNIL) issued a formal notice against Microsoft, ordering that the company “stop collecting excessive […]
Over the past few years, a new tradition has emerged, the Holiday DDoS Attack. While distributed denial of service (DDoS) attacks happen throughout the year, some of the highest profile attacks occur during the holidays, when the most users will be impacted. Attackers may target online shopping sites to disrupt pre-holiday gift buying. Or they may attack voice over IP services, like Skype, which are used to […]
MANILA: A major undersea earthquake with a magnitude of 7.3 struck southeast of the Philippines on Tuesday (Jan 10), the US Geological Survey (USGS) said. The quake was measured by USGS to be at a depth of 613km and no tsunami alert has been issued. However, there have been reports of people in Sabah – including in Sandakan and the city centre – evacuating buildings after strong […]
The debate about “fake news” has gripped politics since the election of Donald Trump in November and has entered markets as investors spar over a “great rotation” from bonds into stocks. Long predicted by some analysts, expectations of a pronounced rotation out of low-yielding bonds and defensive share sectors into areas of the equity market that prosper from faster economic growth have been heightened by the prospect […]
The game was a long slog that morphed into a shootout in the fourth quarter, when two touchdowns gave Clemson (14-1) its first lead, with less than five minutes remaining. But Streeter sensed that there was more to be done. Continue reading the main story “I knew there was a good chance we were going to have to go back out there — that’s just how these […]
For more evidence that central bank intervention in the foreign exchange market is increasingly becoming an exercise in futility – look no further than Mexico. The peso briefly sank to a fresh all time low against the dollar on Tuesday, dropping by as much as 1.1 per cent to MXN 21.6227, as concerns continue to mount over incoming US president Donald Trump’s trade rhetoric towards Mexico, report […]
