Business

Friday, 5 July 2013

LG launches Note II rival Optimus G Pro at Rs 42,500

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NEW DELHI: LG has launched its Optimus G Pro flagship smartphone in India. The device has a 5.5-inch IPS display that supports full HD videos (1920x1080p) and rivals Samsung Galaxy Note II smartphone. The company has priced the new Optimus G Pro at Rs 42,500 in the country. The new Optimius G Pro is powered by a 1.7GHz Snapdragon 600...
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Douglas Engelbart, inventor of PC mouse, dies

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SAN FRANCISCO: Douglas Engelbart, a technologist who conceived of the computer mouse and laid out a vision of an Internet decades before others brought those ideas to the mass market, died on Tuesday night. He was 88.  His eldest daughter, Gerda, said by telephone that her father died of kidney failure.  Engelbart arrived...
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Oracle unveils Sparc super-cluster T5-8 servers

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BANGALORE: Global software major Oracle unveiled its latest database server, which is 10 times faster than its earlier version for Indian enterprises across industry verticals.  "We are launching the product Sparc super-cluster T5-8 in India first, a week after its global launch in the US, in view of the growing importance and...
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Yahoo acquires email management app Xobni

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SAN FRANCISCO: Yahoo acquired email and address book management app Xobni, the internet company's third acquisition in as many days as it seeks to revamp its online products and boost its Web traffic.  Yahoo said it will integrate Xobni's technology into its communications products, including the mobile and PC versions of its...
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Samsung buys TV video recording start-up Boxee

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Samsung Electronics has acquired TV digital recording device company Boxee, the South Korean manufacturer said on Wednesday.  Terms of the deal were not disclosed.  Boxee is a DVR that stores content in the cloud and lets viewers watch recordings anywhere without space constraints. Most DVRs allow for a limited number of...
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Now, a tool to identify sarcasm online

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LONDON: A French Company, Spotter, has developed an analytics tool that claims to have up to 80 per cent accuracy in identifying sarcastic comments on travel s posted online.  Spotter said its clients include the Home Office, EU Commission and Dubai Courts. This software uses a combination of linguistics, semantics and heuristics...
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Updated: HTC One Max release date, news and rumours

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Apparently the One Max will feature a 2.3GHz quad-core processor, 2GB of RAM, 16GB of internal storage, 2.1MP front camera, UltraPixel rear camera and a sizable 3300mAh battery. Now those are some pretty tasty specs and it will certainly give the competition a run for its money - but we're going to have to wait and see if they are ...
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Dell smartwatch hinted as company invests in wearable R&D

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Dell is “exploring” wearables designs, with hints that a Dell smartwatch could be in the pipeline as the company again tries to tackle the competitive mobile market. “Looking ahead five years, we expect devices and form factors to continue to change” Dell global VP of personal computing, Sam Burd, told The Guardian, echoing recent research...
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YouTube invests in Vevo, renews partnership deal

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SAN FRANCISCO: Google's YouTube on Wednesday said that it has made an investment in Vevo, an online music video hub that provides some of the most popular content on YouTube.  YouTube and Vevo also renewed the partnership that allows YouTube to feature Vevo's music videos on its website, with the two companies sharing the ad revenue.  The...
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IBM, Jet Airways sign 10-year call centre deal

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NEW DELHI: IT giant IBM will manage the customer call centre, including providing improved analytics capabilities and a 'refreshed' IT infrastructure, for Jet Airways, India's second-largest airline by passengers carried, the two companies announced.  Under the 10-year contract, IBM will provide contact centre and back-office...
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Samsung unveils plans to build five new research and development centers

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A Samsung official who spoke to The Korea Times revealed that Samsung has plans to build five new Research and Development centers in South Korea, a project that will cost approximately $4.5 billion. The centers will each focus on their own aspects of R&D, with one being used for maximizing creativity, another for study and development...
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Twitter starts tracking cookies to sell ads

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SAN FRANCISCO: Twitter on Wednesday said it would begin showing individually targeted ads using cookies, an effective online tracking technology that has also fueled concerns about internet privacy.  Twitter is only the latest web company to use cookies, which have been deployed for years by firmsGoogle, Facebook, Amazon and practically...
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US spent $630,000 to 'buy' Facebook fans

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WASHINGTON: The US State Department is under fire for spending $630,000 over two years to win millions of "likes" on its Facebook pages at a time of severe government austerity measures. A scathing report by the department's independent watchdog took the coordinators of its social media outreach policy to task saying it needed to "direct...
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Smartphones: Congress's new poll weapon

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PANAJI: Ahead of the 2014 Lok Sabha polls, one of the biggest political weapons of the Congress will be smartphones.  If Congress leader Digvijaya Singh is to be believed, the humble smartphone - which is getting increasingly popular across mobile user segments - has the potential to shape opinions and counter negatives when...
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Indian IT companies's cash flow to increase

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BANGALORE: The government's latest notification allows SEZs and units operating in them to not pay service tax instead of paying the tax and then claiming refunds - is expected to remove a major source of pain for IT companies and improve their cash flow.  By some estimates, nearly Rs 4,000 crore of service tax refund claims are...
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Strong ties bind spy agencies and IT companies

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SAN FRANCISCO: Silicon Valley has tried to distance itselfthe controversial US surveillance programs exposed by Edward Snowden, but there is a long history of close cooperation between technology companies and the intelligence community.  Former US officials and intelligence sources say the collaboration between the tech industry...
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How Waze buyout may help growth of internet in Israel

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JERUSALEM: The billion-dollar sale of navigation company Waze to Google may finally be putting Israel on the map as a major player in consumer internet innovation. Israel's high-tech sector has been dominated by firms that made products for other businesses,computer chips or communications gear. But in recent years internet and mobile...
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