Business

Wednesday, 10 July 2013

Chinese institute develops 100MP camera IOE3-Kanban

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A Chinese institute claimed to have successfully developed a 100 megapixel camera which could produce high-resolution imaging in the fields of aerial mapping, disaster monitoring and intelligent transportation systems.  The IOE3-Kanban camera was developed by the Institute of Optics and Electronics under the Chinese Academy of...
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First Apple computer auctioned for $387,000

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The first Apple computer hand-built and signed by the company co-founder Steve Wozniak has sold for more than $3,87,000 in an online auction. The Apple I, one of roughly 200 made by the fledgling Apple Computer Company in 1976, was bought by an unknown buyer at Christie's auction house. The computer was designed...
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Nokia to bet on 41MP Lumia to beat Apple, Samsung

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Nokia is expected to unveil a new smartphone with a 41MP camera on Thursday, banking on advanced optics to make up for meagre marketing resources and limited phone apps.  Analysts, however, are skeptical that a new camera for the flagship Lumia smartphone will be enough for the Finnish company to regain market sharerivals Samsung...
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Flipkart raises $200m, biggest in Indian e-commerce

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Online retailer Flipkart has raised $200 million (about Rs 1,200 crore)its existing investors, the single largest round of investment in the Indian e-commerce space. The investment values the company at $1.5 billion, sources familiar with the development said. The investors are Naspers, the South African internet major that recently...
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TI names Bobby Mitra as worldwide director

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After 12 years as MD of Texas Instruments India, Bobby Mitra is moving as worldwide director for the semiconductor company's industrial systems business, and will relocate to the US. Mitra will also be chairman of TI India.    He is being succeeded in his India MD role by Santhosh Kumar, who joined TI in 1995 and started...
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BlackBerry Z10 rollout was a disaster, investor says

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Thorsten Heins, the president and chief executive of BlackBerry, acknowledged that the company's new line of phones, which he originally promoted as something that would revive its flagging brand, had a flawed release in the United States. But Heins, speaking at the company's annual meeting, told investors BlackBerry just needed more...
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Soon,charge your mobile with headphones

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A pair of headphones that can harness solar power toge mobile devices when you are on the move has been designed in the UK.  Andrew Anderson, a Glasgow-based designer, launched the OnBeat headphones on crowdfunding site Kickstarter and hopes to have them on sale by early next year.  The headphone band is fitted with a...
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'Patients' online privacy under threat‘

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Patients searching for health-related information on the internet may find their privacy threatened, said a research letter published in a major US medical journal. Marco Huesch, a researcher at the University of Southern California, Los Angeles, searched for "depression," "herpes" and "cancer" on various health-related websites and...
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No takers for over 30% iOS apps: Report

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As software giant Apple celebrates fifth anniversary of its App Store, a tracking service has claimed that about two-thirds of the total number of apps are 'zombie apps' as they are barely ever installed by the users.  According to BBC, Apple's CEO Tim Cook said that 90% ofthe apps in the marketplace are downloaded at least once...
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Google Glass user records arrest in real-time

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Google's wearable technology Google Glass was put to another test for its recording capabilities when one of its users taped an arrest in progress.  Chris Barrett, founder of the website PRServe.com and a documentary filmmaker, posted video of the arrest while walking along the boardwalk in Wildwood New Jersey on July 4, ABC...
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Nasscom sees exciting times ahead for Indian IT

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ET Now caught up with R Chandrashekhar, president-designate, Nasscom, for his take on his new role as the Nasscom president and his outlook for the IT industry. Excerpts: ET Now: You will soon be the president of Nasscom. Are you excited about this new opportunity? R Chandrashekhar: Undoubtedly. It is a very exciting opportunity,...
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Latin America: US spy programme‘s latest target

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A US spy programme is widely targeting data in emails and telephone calls across Latin America, and is focusing on energy issues, not just information related to military, political or terror topics, a Brazilian newspaper reported.  The O Globo newspaper said it has access to some of the documents released by National Security...
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Obama faces flakMuslims over Ramadan tweet

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Obama's tweet on Ramadan wishes has invited criticism from Muslims over forced feeding of Guantanamo Bay detainees during fasting. LONDON: US President Barack Obama's tweet on Ramadan wishes has invited criticism from Muslims angry over drone strikes and forced feeding of Guantanamo Bay detainees during...
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