TopNews

Chip maker, Qualcomm has recorded an increase of 31 per cent in profits to $1.58 billion during its third quarter of the year.

Qualcomm has recorded strong demand in the smartphone and tablet market. Its processors are powering a host of high-profile devices including some Samsung Galaxy S4 handsets and are set to be inside Google's second generation Nexus 7 tablet. Hind demand from manufacturers of tablets and smartphones have helped the company increase its revenues by 35 per cent to $6.24 billion.

A new app called BarEye, claims to allow users to buy, send, and receive drinks through their iPhone or Android device.

The app lets users check-in a bar and the users can send drinks to others who have checked into the bar. They will also be able to send drinks to their Facebook friends through the app. BarEye, which is expanding to five new cities after a successful trial run in Tallahassee in the US, will be available on iOS and Android based devices.

Taiwanese technology giant, Asus has been able to boost sales and following its partnership with internet giant, Google in the previous year.

Asus started partnering with Google with the launch of first-generation Nexus 7 and has been benefitting from the increased sales in the global market. Strong sales of Nexus 7 allowed the company to record higher tablet sales than Amazon. com, making it the third largest player behind Apple and Samsung.

Madrid, July 26 : The number of unemployed people in Spain dropped by 225,200 to 5.97 million in the second quarter, pushing the unemployment rate down by 0.9 percent to 26.26 percent, the government said in a report.

Employment rose by 149,000 to 16.78 million in the April-June period, with the labor force participation rate at 59.54 percent, the Labor Force Survey said.

The drop in unemployment was the biggest since 2008, comparing the employment trend in the second quarter of each of the five previous years.

India on Friday made a big leap in the field of weather forecasting and disaster forewarning services, thanks to the successful launch of the country's advanced meteorological satellite INSAT-3D.

INSAT-3D was launched by European space consortium Arianespace's Ariane 5 rocket from the Spaceport's ELA-3 launch zone of Kourou in French Guiana. The launch vehicle lifted off exactly at scheduled time of 1.23 A. M. IST on Friday.

South Korean electronics giant Samsung on Friday reported quarterly earnings that failed to match analysts' estimates, dropping another hint that high-end smartphone market has saturated.

Samsung announced that its net income jumped 50 per cent year-on-year to 7.58 trillion won ($6.8 billion) in the April to June quarter this year, from 5.05 trillion won in the corresponding quarter of the previous year.

A group 24 analysts surveyed by Bloomberg had projected an average net income 8.02 trillion won for the company's quarter under review.