CEO Marissa Mayer disappointed with Yahoo's Q2 results

CEO Marissa Mayer disappointed with Yahoo's Q2 resultsWashington, July 16 - Yahoo CEO Marissa Mayer is disappointed with the three percent fall in revenue in second quarter.

Yahoo's revenue saw a three percent drop to 1.04 billion during the second quarter, which is lower than analysts' expectation of 1.08 billion,

Mayer said on Tuesday that the company's top priority is revenue growth and by that measure, the company is not satisfied with Q2 results.

She added that in Q2, company saw display revenue decline, and need to work faster faster to ameliorate the negative trends.

Yahoo's adjusted earnings also fell just short of Wall Street's estimates at 37 cents per share.


NASA backs humans to find 'life beyond Earth' within 20 years

Charles BoldenWashington, July 16 - NASA scientists have revealed that they could find the proof of aliens or habitable planets within 20 years.

Charles Bolden, a former astronaut and now administrator of NASA, admitted that he had always looked for aliens when he was up in space but had never actually seen any, however, it was "probably improbable" that humans were alone and according to him in the next 20 years they would find out human beings were not alone in the universe, CNet reported.

NASA held a discussion in Washington recently, about the search for life in the universe. On this august occasion, a panel of experts offered their optimism.


Russia has not done much to de-escalate Ukrainian conflict

White House Press Secretary Josh EarnestWashington - The US has said Russia has not done much to de-escalate the conflict in Ukraine and is discussing further possible steps with its allies if Moscow did not meet their expectations.

"As a general matter, our allies share the view with the United States that Russia has not done as much as we would like to see them do to contribute to a de-escalation of that conflict (in Ukraine)," White House Press Secretary Josh Earnest said yesterday.

However, Earnest didn't provide any clear cut information about the probable 'timing or scope' of sanction that the US wants to impose.


US wants Hamas to abide by ceasefire agreement: White House

US wants Hamas to abide by ceasefire agreement: White HouseWashington : Describing the firing of rockets from Gaza into Israel as completely unacceptable, the US has said it wanted Hamas to abide by the ceasefire with the Jewish state as proposed by Egypt.

"The fact that the Egyptians, in a very compressed time period, put forward this specific proposal and had this proposal considered and accepted by the Israelis I think is an important step," White House Press Secretary Josh Earnest said yesterday.


US Defence Secretary calls French counterpart to discuss Iraq

US Defence Secretary Chuck HagelWashington - US Defence Secretary Chuck Hagel has called his French counterpart Jean-Yves Le Drian to discuss the situation in Iraq where Islamic militants have gained control over a large part of the territory. "Secretary Hagel provided Minister Le Drian an update on the situation in Iraq, to include the political dynamics in Baghdad and a general sense of the security environment," the Pentagon said yesterday.

The two leaders also discussed the deep US-French defence cooperation in Africa, as well as preparations for the NATO Summit in Wales in September.


Obama calls German Chancellor to discuss Iran and Ukraine

US President Barack ObamaWashington - US President Barack Obama has called German Chancellor Angela Merkel to discuss the current Ukraine situation and the progress made in negotiations with Iran and its nuclear program.

According to the White House the two leaders reiterated that Russia must take immediate steps to de-escalate situation in eastern Ukraine amid the ongoing violence by supporting a bilateral ceasefire.


US seeks strong military ties with India

US seeks strong military ties with IndiaWashington - The United States is looking forward to working on a strong bilateral relationship with the Indian armed forces, the Pentagon has said.

"We look forward to continuing to work on a strong bilateral relationship with the Indian armed forces," Pentagon Press Secretary Rear Admiral John Kirby said yesterday.

Kirby however said that US Defense Secretary Chuck Hagel hasn't yet spoken with his Indian counterpart. "He (Hagel) has not spoken to his Indian counterpart," he said. (PTI)


Congressional committee to hold hearing on India

Narendra ModiWashington - A key Congressional committee will hold a hearing on India-US relationship under Narendra Modi with top Obama administration officials, former diplomats and eminent South Asia experts testifying before it ahead of the Indian Prime Minister's US visit in September.

The hearing "Indispensable Partners - Reenergizing US-India Ties" has been convened by Subcommittee on Near Eastern and South and Central Asian Affairs of the Senate Foreign Relation Committee tomorrow morning.


US F-35 fighter jets approved to fly again: Pentagon

US F-35 fighter jets approved to fly again: PentagonWashington: A troubled US fleet of F-35A fighter jets which was grounded due to an engine issue has been given a limited approval to fly again, the Pentagon announced on Tuesday.

The costly F-35A Lightning II Joint Strike Fighter was grounded after a June 23 engine fire.

"Yesterday the air worthiness authorities for the US Navy and US Air Force approved the F-35 fleet to return to flight," Pentagon Press Secretary Rear Admiral John Kirby said.


How interruption in office affects performance revealed

How interruption in office affects performance revealedWashington, July 15 : A new study has revealed that interruptions that an employee faces while working in the office, can negatively affect the quality of work.

Cyrus Foroughi, coauthor of "Do Interruptions Affect Quality of Work?", said that people don't realize how disruptive interruptions can be and there is value in determining whether interruptions affect the quality of the tasks that many people perform regularly, such as writing essays or reports.


Yahoo CEO 'skeptical' about merger with AOL

Yahoo CEO 'skeptical' about merger with AOLWashington, July 15 - Yahoo CEO Marissa Mayer and AOL CEO Tim Armstrong were spotted having late-night drinks at a media and technology conference last week, which once again raised the rumors of a possible merger between Yahoo and AOL.

Both companies see potential benefits, but the merger remain complicated as Mayer has her doubts, CNET reported.

While Armstrong is pushing for a merger, Mayer finds the idea of the merger as 'small, unexciting, uninspiring and backward-looking.'


Linkedin acquires Newsle to bolster professional connectivity

Linkedin acquires Newsle to bolster professional connectivityWashington, July 15 - Linkedin is set to acquire Newsle, an alerts service that will help the business-oriented social network to track users outside its website.

According to CNet, a joint statement released by the two companies stated that the new technology will improve Linkedin's existing feature that alerts a user's connections when they're mentioned in news articles which in turn will improve the connectivity between professionals.


Newly unearthed 'clay tokens' suggest advent of writing didn't stop prehistoric 'book-keeping'

Newly unearthed 'clay tokens' suggest advent of writing didn't stop prehistoric 'book-keeping'Washington, July 15 - Newly unearthed clay tokens in southeast Turkey has suggested that prehistoric 'bookkeeping' continued even after the invention of writing.

The tokens - small clay pieces in a range of simple shapes, including basic spheres, discs and triangles to tokens that resemble oxhide and bull heads - are thought to have been used as a rudimentary bookkeeping system in prehistoric times.


Apple iWatch will sell 30m-60m in first year, priced at $300: Report

Apple iWatchWashington, July 15 - Study reveals that the much speculated Apple iWatch may come out by the end of this year priced at 300 dollars, expected to sell 30-60 million units in first year.

The report also acknowledges that there's a chance the iWatch will fail. But analyst Katy Huberty believes those chances are somewhat slim. Her 'base case' puts Apple's sales at 30 million units, with 60 million acting as a best-case scenario for the company, CNET reported.


US for de-escalation of violence in Gaza, welcomes call for ceasefire

John KerryWashington - Welcoming the Egyptian call for a ceasefire between Israel and Hamas, the US has said it remains committed to work with regional partners to find a resolution to de-escalate violence in the war-torn Gaza.

"We are seeking a de-escalation in that violence," White House Press Secretary Josh Earnest said yesterday, adding that top US officials have been in touch with leaders of Israel.

Meanwhile, the US welcomed Egypt's call for a ceasefire, hoping this will lead to the restoration of calm as soon as possible.


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