Tag Archives: as

Stock market indexes sink as tech companies fall

Stocks are taking broad losses Thursday, led by declines in technology companies. Cisco Systems dropped after issuing a disappointing sales forecast, and retailers were also weak as Walmart slumped. Bond prices rose, sending yields lower. KEEPING SCORE: The Standard & Poor’s 500 index dropped 25 points, or 1 percent, to 2,442 as of 1:50 p.m. Thursday on Wall Street. The Dow ... Read More »

Car loan timebomb fuels fears of new financial crisis as motors worth £20k are offered without any deposit

THE risks of a new financial crisis are increasing along with the size of car finance deals handed out by garages, experts warned last night. Though the number of motors bought on cheap credit is finally going down, the total lent remains the same. ALAMY Fewer cars are being bought on cheap credit This indicates customers are taking on higher ... Read More »

Man Disguised as Car Seat Teaches Driverless Cars How to Communicate

HIGHLIGHTS The video shows a white strip of windshield lights on the van flickering Developers have taught driverless cars to stay in their lanes Study is investigating the potential need for additional exterior signals The man in the seat-cushion costume got all the attention. What appeared to be a driverless vehicle actually had a researcher sitting in the front seat, ... Read More »

Jio Phone Finally Released as Beta Testing Commences

HIGHLIGHTS Jio Phone beta tests are scheduled to start August 15 The testing units will likely be available for select RIL employees Reliance Jio will start delivering the handset to consumers in September The first batch of JioPhone units will become available Tuesday, August 15 as beta trials of the 4G feature phone are scheduled to commence today, a little over three ... Read More »

Baidu Competitor Says to Focus on AI as It Plans US IPO

China’s second-largest mobile search engine Sogou, controlled by Sohu.com and 45 percent owned by Tencent Holdings, said it will focus on artificial intelligence (AI) as it aims to build a next-generation search engine. Chinese internet and gaming company Sohu on Monday announced the plan to float Sogou in the United States “as early as market conditions permit”, saying the search unit would make ... Read More »

There Goes the Market! Nasdaq Tumbles, S&P 500 Slips as Tech Tanks

A nothing day has turned into a selloff, as tech stocks tumble and take the market with it. Except for the Dow, which is hitting a new all-time high. ILLUSTRATION: GETTY IMAGES The S&P 500 have fallen 0.4% to 2,467.59 at 1:51 p.m. today, while the Dow Jones Industrial Average has ticked up 14.85 points, or 0.1%, to 21,725.86. The Nasdaq Composite has dropped 1.1% to 6,352.31. Earlier today, ... Read More »

Alphabet Sees Boost in Mobile Ads as It Takes Hit From Record EU Fine on Google

Google parent Alphabet on Monday saw shares slide as the market reacted to a massive fine by the European Commission and word that success in mobile, cloud and YouTube is coming with higher costs. Alphabet reported a quarterly profit of $3.5 billion (roughly Rs. 22,532 crores), in a sharp decline from a year ago, with a $2.74 billion antitrust fine in Europe biting into earnings. The technology giant reported ... Read More »

As Cost Of Education Rises, Unpaid Student Loans Surge

NPAs due to students not paying back their loans spiked to over 10 per cent Mumbai: Despite increasing number of students not paying back their loans spiking NPAs to over 10 per cent, lending continues for higher education with the disbursals topping Rs. 20,000 crore in fiscal 2017, according to a report. Banks and other lenders together disbursed around Rs. ... Read More »

MXene Could Help Make Batteries That Charge as Fast as Supercapacitors: Study

HIGHLIGHTS Mxene could pave the way for fully charging your smartphone in just a few Key to faster charging energy storage devices is in the electrode design It would then be capable of charging at much higher rates of batteries A new battery electrode design from a highly conductive, two-dimensional material called Mxene could pave the way for fully charging ... Read More »

Dear Dr Kasturirangan, Reforming Indian Education Is Not As Tough As It Looks

Dear Dr Kasturirangan, As the former chairperson of the Indian Space Research Organisation (ISRO), I’m sure you are no stranger to shouldering big responsibilities. Even then, your current responsibility, as the head of the panel to draft the National Education Policy, perhaps dwarfs everything else. Because it has the power to transform India. It is much easier to improve the position ... Read More »