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Uber's updated 'panic button' will send live GPS updates to police in India

Uber's updated 'panic button' will send live GPS updates to police in India

Washington, May 01 : A month after adding a panic button to its app in India following the rape of a female passenger last year, Uber has now announced that it will start improving the button in a significant way.

By activating the SOS button, Uber passengers in Kolkata will now be able to send live GPS updates to local police, provide police with information on the driver, and send details on the passenger reporting the issue, in addition to initiating a phone call with the police, as it already did. The new features are expected to be rolled out in other cities subsequently, reported The Verge.

The information, which will appear on a display that Uber installs for the local police, will enable them to track an Uber vehicle. (ANI)


Yahoo CEO Marissa Mayer raked in 42.1 mln dollars in 2014

Yahoo CEO Marissa Mayer raked in 42.1 mln dollars in 2014

Washington, Apr 30 : Yahoo CEO Marissa Mayer 's 2014 compensation increased 69 percent to 42.1 million dollars.

According to Deadline.com, Mayer took over in July 2012 when Yahoo shares were depressed.

Mayer's package, detailed in a proxy filed at the SEC, includes 1 million dollars in salary, 11.8 million dollars in stock awards, 28.2 million dollars in option awards, 1.1 million dollars in non-equity incentives, and 28,065 for other compensation.

The last category includes 26,891 dollars for security. Directors said that a "substantial portion" of the equity awards were part of her 2012 recruitment package and were worth 15 million dollars when the company approved them.
(ANI)


Samsung overtakes Apple to become world's biggest smartphone vendor in Q1 of 2015

Samsung

Washington, Apr. 30 - Samsung has overtaken Apple to become the world's biggest smartphone vendor in the first three months of 2015 but the company's profit has continued to drop.

According to the Verge, Samsung has shipped beyond 80 million devices in the first three months of 2015 as Apple's total came down to 61 million.

In total, Samsung reported earnings of roughly 44 billion dollars for the quarter ending March 31st, resulting in an operating profit of 5.6 billion dollars.

As Apple's high volume is matched by a consistently high average selling price, the growth for Samsung has come from its less profitable mid-range and low-end devices like the Galaxy A, E, and J series. (ANI)


Bud Light apologizes for 'upforwhatever' slogan after it draws ire online

Bud Light apologizes for 'upforwhatever' slogan after it draws ire online

Washington, Apr 29 : Bud Light's new campaign "Up for Whatever" is supposed to be about rallying people together for a good time, but recently it was mostly uniting people in anger at the brand.

Some Bud Light bottles now have the message "the perfect beer for removing 'No' from your vocabulary for the night. #UpForWhatever" printed on them, followed by "the perfect beer for whatever happens," E! Online reported.

The critics read the slogan differently and called out the company for seeming to endorse rape and unwanted sexual advances.


Here's the firm that pushed Twitter's stocks down by 'leaking' its quarterly earnings on its platform

Twitter

Washington, April 29 - A financial services company reportedly took to Twitter to disclose the micro-blogging platform's quarterly earnings about an hour before the company released the details, driving Twitter's stock down around 18 percent.

Selerity broke the news on Twitter by saying that the company missed its revenue expectations and that its users grew, reported The Verge.

Twitter termed the incident a "leak," saying that it halted trading upon discovery and was now probing the source.


Snapchat hires star CNN reporter as Head of News

Snapchat hires star CNN reporter as Head of News

Washington, Apr 28 : Peter Hamby, one of CNN's best political reporters, has joined Snapchat's news division.

According to the Verge, Hamby is leaving the CNN network to join Snapchat as Head of News.

Though Hamby will stay on as a CNN contributor through 2016, his new focus will be to lend his considerable political and digital acumen to the social media network as it continues to grow its news product.

Hamby has served as national political reporter at CNN for eight years, rising to fame after embedding with presidential candidates during the 2008 and 2012 elections. This experience led to him publish "Did Twitter Kill the Boys on the Bus?" a paper that examined how social media changed political figures' relationships with reporters.


Apple sold 61.1 billion iPhones in quarter one of 2015

Apple sold 61.1 billion iPhones in quarter one of 2015

Washington, Apr. 28 - Apple has sold 61.1 million iPhones in the first quarter of 2015 and made revenue of 40.3 billion dollars, making it the second biggest quarter for iPhone sales.

According to the Verge, Apple sold 43.7 million iPhones in the first quarter of 2014.

Apple's previous quarter was its largest ever for iPhone sales as the company sold 74.5 million units, making revenue of 51.2 billion dollars.

Apple CEO Tim Cook said in a statement that Apple has seen more people switching to iPhones that it did in previous cycles. (ANI)


Nokia dismisses rumours that it's reentering mobile market

Nokia dismisses rumours that it's reentering mobile market

Washington, April 27 - Week after reports claimed that Nokia was planning to make a comeback to the consumer mobile market as early as next year, the Finnish company has stepped up to dismiss those claims publically.

In a brief message posted on its website, Nokia clarified that it had no plans to "manufacture or sell consumer handsets" and dismissed the reports as "false," reported The Verge.

Nokia is restricted from using its brand on phones until Q4 2016 under the deal that it struck with Microsoft last year. (ANI)


Diet Pepsi will no longer contain artificial sweetener aspartame

Diet Pepsi will no longer contain artificial sweetener aspartame

Washington, Apr 25 : Pepsi has announced that the company will no longer use the artificial sweetener and sugar substitute called aspartame that is being used in Diet Pepsi for decades.

According to the Verge, the company said that the change will come this year.

Aspartame will be removed from all Diet Pepsi brand including its caffeine-free alternative, the regular product and Diet Pepsi Cherry.

Aspartame is being replaced with a blend of artificial sweeteners sucralose and acesulfame potassium. (ANI)


Google reports 17.3 bln dollar revenue in first quarter of 2015

Google reports 17.3 bln dollar revenue in first quarter of 2015

Washington, Apr. 24 - Google has announced its earnings statement for the first quarter of 2015 where the company has made revenue of 17.4 billion dollars, up by 17 percent year over year.

According to the Verge, operating income of 4.45 billion dollars represented a 26 percent increase over one year ago.

The advertising business of Google has continued to make up most of the revenue s.

The clicks on advertising served on Google's sites as well as partner sites increased by 13 percent year over year, but the rate of increase there has now declined for the 5th consecutive quarter. (ANI)


More than 70 percent of Facebook's $3.45 bln revenue came from mobile ads in Q1

More than 70 percent of Facebook's $3.45 bln revenue came from mobile ads in Q1

Washington, April 23 : While reporting its first quarter earnings today, Facebook has revealed that it now has 1.44 billion monthly active users and 1.25 billion on mobile, marking a 13 and 24 percent increase respectively. At least 936 million people use the platform every single day.

By posting revenue totaling 3.45 billion dollars in Q1, Facebook recorded a 42 percent increase over the same period last year. However, the shift to mobile continued, with 73 percent of its revenue coming from mobile ads as opposed to 59 percent for this period last year, reported The Verge.

The company's net income, too, went up by 28 percent to 1.19 billion dollars.

Facebook also disclosed that it saw more than four billion daily video views.


Uber will operate in Portland, Oregon 'without fear of legal action' for next 4 months

Uber will operate in Portland, Oregon 'without fear of legal action' for next 4

Washington, April 23 : Uber will now be able to operate in Portland, Oregon without the fear of being dragged into yet another legal tussle for the next four months at least, thanks to a decision taken by the City's Council.

The council has narrowly approved a pilot program that will allow for-hire car services to operate on Portland's streets for the next 120 days, as long as they adhere to certain guidelines, reported The Verge.

Some of these requirements include, background checks for drivers, liability insurance for drivers, 24/7 operation, and "service performance measures" to pick up disabled passengers. The controversial proposal will also allow local cab companies to adjust their own fares without regulation in order to match variable, on-demand pricing.


Yahoo shares drop as Q1 figures fail to meet expectations

Yahoo shares drop as Q1 figures fail to meet expectations

Washington, April 22 : Yahoo's shares, already down 11.6 percent so far in 2015, have dropped 2.1 percent in post market trading after its Q1 financials failed to meet Wall Street expectations.

Revenues, without including transaction costs, totaled 1.04 billion dollars, down 4.1 percent from last year's Q1. Adjusted earnings at 15 cents a share also fell short of forecasts for 18 cents, reported Deadline.com.

Revenues from display ads, without including transaction costs, dropped down by seven percent to 381 million dollars.

Although the number of ads sold went up by 29 percent, the price buyers paid for each ad fell 17 percent.

At 432 million dollars, search revenues, too, were down by three percent versus last year's Q1.


DEA chief Michele Leonhart to retire in mid-May following sexual misconduct report within agency

DEA chief Michele Leonhart to retire in mid-May following sexual misconduct repo

Washington, Apr 22 : The chief of Drug Enforcement Administration (DEA) Michele Leonhart will retire and leave the agency in mid-May, Attorney General Eric Holder announced.

According to Fox News, the decision came following a scathing federal watchdog report about sexual misconduct within the agency and an increasing lack of confidence in her ability to make changes and lead.

Leonhart served 35 years in the DEA and is the second woman to hold the job of DEA administrator.

Holder said that Michele has led the agency with honour and that he was proud to call Michele his partner in the work of safeguarding their national security. (ANI)


Sony launches flagship smartphone Xperia Z4 in Japan

Sony launches flagship smartphone Xperia Z4 in Japan

Washington, Apr 21 : Sony has launched its latest flagship smartphone Xperia Z4 in Japan but the company, however, has neither provided an international launch date nor an accompanying "Compact" version.

According to TechCrunch, the new Xperia Z4 is a lot like its predecessor Z3, with a 5.2 inch screen, a thinner 6.9mm form and a Snapdragon 810 processor which clocks a more modest 2GHz but is eight-core and 64-bit.

The new device also sports a front-facing camera with wide-angle lens, an eye-popping 20.7 megapixels, 3GB of RAM and an Android 5.0 Lollipop.

Sony Experia Z4's international launch date is also expected to be announced soon. (ANI)


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