Technology Sector

Apple releases watchOS 2 Software

Apple releases watchOS 2 Software

On Monday, Apple finally released watchOS 2. Earlier, the tech giant delayed the launch after finding a critical bug. The newly released software will allow users of Apple Watch access third-party apps, custom photo watch faces, a brand new Time Travel function, nightstand mode, and a many other exciting services.

Now, Apple Watch owners will be able to download the new update by going on Apple Watch iPhone app and then selecting Software Update after navigating to the General menu. According to experts, users are advised to install the new version wirelessly.

The company said that users who want to install the new update should connect their watch to its charger. The new watchOS 2 enables users to make their own watch face complications.

Apple really building an Electric Car

Apple really building an Electric Car

Earlier, there were rumors that American multinational technology company Apple was planning to build an electric car. Some new reports have suggested that the iphone-maker was serious about manufacturing the car. There are possibilities that Apple will launch its long-rumored electric car in 2019.

While talking to The Wall Street Journal, sources familiar with the company's plan said the Apple's future car will be electric, and a later model could be fully autonomous. According to the sources, the company is seriously working on its Project Titan and could soon triple the employees working on the project.

Agricultural use of drones to take off Soon

Agricultural use of drones to take off Soon

For so many years, agricultural use of drones could not take place due to the lack of federal guidelines. Things are changing now, as since January, more than 50 exemptions have been approved by the Federal Aviation Administration for the farm-related operations.

As per the Association for Unmanned Vehicle Systems International, agriculture could be held liable for commercial drone use. The drones are quite inexpensive and could take place of humans in a number of ways in large farms.

They can transmit detailed information about crops and sprayers; they can be directed to problem spots and levying a cap on water and chemicals a farmer needs to use in those areas.

Starbucks announces Partnership with Spotify

Starbucks announces Partnership with Spotify

American coffee chain Starbucks has announced a partnership with the commercial music streaming service Spotify. The announcement by Seattle, Washington-based Starbucks has come a few months after ditching the sale of CDs in its stores.

According to reports, Spotify has decided to give accounts to its premium service to workers in the United States in next few months of the year. The music streaming company will allow the employees in the nation to create their own playlists. In return, the coffee company will endorse premium service of Spotify by making the music streaming company’s playlists accessible on the Starbucks’ smartphone app.

Oracle to generate $1 billion revenue from new SaaS and PaaS segments this year

Oracle to generate $1 billion revenue from new SaaS and PaaS segments this year

On Tuesday, Oracle's top executives said that the company expects to generate more than $1 billion in new software-as-a-service (SaaS) and platform-as-a-service (PaaS) business in 2015.

This will put oracle in direct competition with Salesforce. com in the cloud market. During Oracle's quarterly earnings call, the company's Chairman and CTO Larry Ellison told financial analysts that people won't have to wait any longer to know who's going to sell the most SaaS and PaaS this year.

Oracle's SaaS and PaaS revenue grew by 30% to $372 million in the quarter that ended on February 28, the third of Oracle's fiscal year.

Blackberry set to release software update for older smartphones

Blackberry set to release software update for older smartphones

Washington, Feb 20 - Blackberry has announced that it will be soon releasing a software update - version 10.3.1 -for its older smartphones.

The update, which also contains bug fixes for latest models, will be essentially for products including the BlackBerry Z10, Z30, and Q10.

According to the Verge, for its QWERTY devices, BlackBerry is bringing over the extensive list of keyboard shortcuts that debuted on the Classic. 10.3.1 also brings the company's virtual assistant - BlackBerry's answer for Siri, Google Now, and Cortana - to prior BlackBerry 10 devices.

Users will be able to add reminders, compose emails, and set calendar appointments using only their voices.

Infosys to buy automation tech firm Panaya for $200 mn

Infosys to buy automation tech firm Panaya for $200 mn

New Delhi: Betting big on new technologies to boost growth, country's second-largest software services firm Infosys will acquire US-based automation technology company Panaya for USD 200 million (over Rs 1,200 crore).

The all-cash deal is the second-largest acquisition for the Bangalore-based firm, after Swiss consulting company Lodestone, which it bought for about USD 350 million (Rs 1,932 crore) in 2012.

The move comes as part of Infosys' 'Renew and New' strategy to enhance competitiveness and productivity of current service lines by leveraging automation, innovation and artificial intelligence, Infosys said in a statement.

Foxconn shuts Sriperumbudur unit after severance deal

Foxconn shuts Sriperumbudur unit after severance deal

Chennai: After weeks of negotiations with employees agitating against suspension of operations at the Foxconn's Sriperumbudur plant, the electronic parts manufacturer said a severance agreement has been reached and the facility is closed down.

In a response to PTI query today, Foxconn said, "A settlement for severance was concluded with employee representatives on February 12, 2015 and based on that agreement, the last day of employment for all employees of FIH India Private Ltd was February 10."

"The company's facility in the Nokia Special Economic Zone, Chennai, officially closed its operations on February 10, 2015," it said.

HCL Tech Q2 Net up 28% at Rs 1,915 crore

HCL TechNew Delhi: India's fourth-largest software services exporter HCL Technologies on Friday reported 28 per cent rise in consolidated net profit at Rs 1,915 crore for the second quarter ended December 2014 on growth in European business as well as life-sciences and healthcare verticals.

The city-based firm, which follows July-June fiscal year, had posted a net profit of Rs 1,496 crore in the year-ago period, it said in a BSE filing.

Consolidated revenues grew by 13.4 per cent at Rs 9,283 crore in the October-December 2014 quarter as against Rs 8,184 crore in the same quarter of the previous fiscal.

Samsung sees drop in profits in Q4 2014

Washington, Jan 29 - Samsung seems to be losing on profits with the company making an operating profit of 5.29 trillion won (4.87 billion dollars) on 52.73 trillion won (48.6 billion dollars) in revenue last quarter.

According to the Verge, last year, Samsung's operating profit was 8.31 trillion won from 59.28 trillion won revenue, meaning that these latest results reveal respective dips of 36 and 11 percent.

Despite increased sales of the Galaxy Note 4, the company's mobile division is still down 64 percent year-on-year in terms of operating profit.

Samsung is now depending on processor and RAM businesses to make up for the drop in profits.

Google Nexus 6 to be available from today for Rs 43,999

New Delhi - Google Tuesday launched the Nexus 6 smartphone which will be available from Wednesday at a premium price of Rs 43,999 in the country.

The company launched the smartphone as part of its great online shopping festival (GOSF), that will take place from December 10-12.

Apart from Nexus 6, Google launched Chromecast for Rs 2,999 and introduced some other products of companies like Lenovo, Asian Paints, Tata Housing and Van Heusen for GOSF.

Microsoft incurs 238 mln dollar loss on Nook sale

Washington, Dec 05 - Microsoft has reportedly incurred losses to the tune of 238 million dollars after selling its stake in Nook e-book reader business back to Barnes and Noble.

The tech giant had purchased a 17.6 percent stake in the digital e-book reader in a 300 million dollar-deal in April 2012 but sold it back to Barnes and Noble for just 62 million dollars in cash. Microsoft is holding onto 2.7 million shares of Barnes and Noble stock, worth about 62.5 million dollars, reported the CNN.

Barnes and Noble said that the deal would allow "operational and strategic flexibility" for the Nook business.

OnePlus One with 64GB memory launched at Rs 21,999

New Delhi - Bullish on the multi-billion dollar opportunity in the Indian smartphone segment, Chinese handset maker OnePlus on Tuesday said it expects India to become its biggest market in the next few months.

At present, China is the biggest market for OnePlus, which announced its foray into India Tuesday with the launch of its 'One' smartphone at Rs 21,999.

"In the next few months, we expect India to be our biggest market, it will overtake China," OnePlus India General Manager Vikas Agarwal said.

Microsoft announces browser based Skype version

Washington, Nov 15 - Microsoft has announced a browser based version of Skype that will allow users to make audio and video Skype calls on any system.

According to PC World, Skype says the new beta web app will be rolling out very slowly to a small number of existing and new users, with a worldwide release expected in the coming months.

The software giant says the beta version of Skype launched for Web will allow users to log into their Skype accounts from all browsers, including Internet Explorer, Chrome, Firefox and Safari.

Microsoft launches Nokia 130 in India for Rs 1,649

New Delhi - Microsoft Devices Monday launched entry level dual-sim mobile phone 'Nokia 130', having built-in music player with up to 46 hours continuous playback on a single charge, for Rs 1,649 in India.

"The Nokia 130 is a perfect device for consumers who are looking for their first mobile phone, or for those looking for a rock-solid backup phone to use alongside their smartphone," Nokia India Sales Marketing Director Raghuvesh Sarup said in a statement.

Nokia India Sales is subsidiary of Microsoft Mobile Oy.

LG launches Bello smartphone for Rs 18,500

New Delhi - South Korean electronics giant LG Electronics on Tuesday launched a smartphone under its L series, Bello, priced at Rs 18,500 in India.

LG L Bello is a mid-tier smartphone, which has been developed as an affordable yet powerful alternative to its G3 flagship handset, the firm said in a statement.

The handset features a 5-inch IPS display with 2,540 mAh battery combined with 1.3 GHz quad core processor. It has 1 GB RAM and 8 GB of internal memory, it added.

The Android KitKat-powered smartphone has a 8 megapixel rear camera with powerful features, including Touch and Shoot whereby one can simply touch anywhere on the screen, focus and get instant shots.

Infosys Q2 net up 28.6% to Rs 3,096 crore; revenues up 2.9%

InfosysBangalore: Beating market expectations, IT major Infosys on Friday posted 28.6 percent jump in consolidated net profit to Rs 3,096 crore for the quarter ended September 30.

The Bangalore-based firm had reported a net profit of Rs 2,407 crore in the year-ago period, it said in a BSE filing.

Consolidated revenue was up 2.9 percent to Rs 13,342 crore in the said quarter from Rs 12,965 crore in the year-ago period.

In the April-June quarter this fiscal, Infosys reported a net profit of Rs 2,886 crore and a revenue of Rs 12,770 crore.

Infosys shares fall 5% on downgrade reports

Mumbai - Shares of IT services major Infosys fell five percent in early trade Wednesday amid reports of stock downgrade.

The company's stock plunged 4.88 percent to Rs 3,643.25 on the BSE.

At the NSE, it was down 4.96 percent to Rs 3,641.

The stock was the biggest loser among the 30-bluechips on the Sensex.

As per media reports, global financial services major Citigroup has downgraded Infosys to 'neutral' from 'buy'.

Infosys will declare its July-September quarter earnings on Friday.

Meanwhile, in the broader market, the benchmark BSE Sensex was trading lower by 31.66 points at 26,240.31 during afternoon trade. (PTI)

Pre-booking for iPhone 6 series to start in India from today

New Delhi - Pre-booking for the latest Apple iPhone 6 series will start in India from October 7.

"iPhone 6 and iPhone 6 Plus will be available in India beginning Friday, October 17, from an expansive network of Apple Authorized Resellers. Customers can pre-order iPhone 6 and iPhone 6 Plus beginning Tuesday, October 7," Apple India said in a statement on Monday.

The company did not disclose the price at which it will sell iPhone 6 series in the country, but said, "Pricing details will be soon made available by Apple's partners: Ingram Micro, Redington, Rashi Peripherals and Reliance."

Google's DoubleClick ad servers served malicious ads to millions of users: Report

Google's DoubleClick ad servers served malicious ads to millions of users: ReportWashington, Sep 21 : A report has revealed that Google's DoubleClick ad servers and the popular Zedo ad agency were serving malicious ads to millions of internet users that spread the recently identified Zemot malware.

A Google representative confirmed that the team was aware of the breach and has taken steps to shut it down, reported The Verge. Researcher Jerome Segura said that the malware went unnoticed for weeks because it was not too visible. It was identified only after popular sites got flagged in the honeypots, Segura said.

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