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Facebook Slammed by UK Lawmakers as CTO Promises Transparency Overhaul

HIGHLIGHTS Facebook CTO was filling in for Zuckerberg in front of British lawmakers Zuckerberg had declined to appear himself Lawmaker said CTO failed to provide full answers on nearly 40 points A top Facebook executive apologised for errors made by the firm and vowed to do more to improve transparency during a four-hour grilling on Thursday from British lawmakers who insisted the ... Read More »

Facebook Being Pressed by EU on Sharing of Its Users’ Data

The European Commission pressed Facebook on Monday over whether EU citizens’ data were among those improperly harvested by a British political consultancy, after the US regulator said it was investigating the firm’s privacy practices. That piled yet more pressure on a firm that has lost more than $100 billion (roughly Rs. 6.5 lakh crores) in market value in the last 10 days. Facebook shares fell ... Read More »

The long awaited rush of tech IPOs is around the corner- but investors might be surprised by who is leading the charge

Theo Wargo/Getty The number of tech startups going public should jump to around 50, investment bankers who cater to the industry say. But don’t expect a lot of big-name companies to hit the public markets. Instead, enterprise-software companies will likely represent the lion’s share of new offerings, the bankers said. Many startups are feeling pressure from venture investors and employees ... Read More »

Snapchat Redesign Defended by CEO, Says ‘Celebrities Are Not Your Friends’

HIGHLIGHTS The statement was made at Goldman Sachs Internet & Technology conference The redesign has taken flak from millions of users till now Spiegel claims the decision will take sometime to get adapted to Snapchat has dug itself in even deeper into controversy after CEO Evan Spiegel announced that the infamous redesign of the social media app would not be rolled back, and ... Read More »

Facebook to Shut Down ‘M’ Virtual Assistant Messenger Bot by January 19

HIGHLIGHTS M is a bot that was available through Facebook Messenger It reportedly was only available to about 2,000 people Facebook said it has learnt what users wanted from bots Facebook is shutting down its text-based virtual assistant called ‘M’ that helped researchers train an Artificial Intelligence (AI) system. According to a report on The Verge, ‘M’ was available through a bot on Facebook ... Read More »

Saved by Sensors, Sony Aims to Expand Their Use in Robotics, Self-Driving Cars

HIGHLIGHTS Sony is poised to report is highest-profit ever, thanks to sensors The company has been losing ground to rivals for years It is now focusing on sensors and gaming to keep up Sony Corp is poised to report its highest-ever profit this year on strong sales of image sensors after years of losing ground in consumer electronics and hopes to ... Read More »

Deal: Motorola is discounting its phones by up to $150

With the holidays inching closer, the deals are heating up. We recently told you about Amazon putting some of its Prime Exclusive devices on sale and Verizon discounting the Pixel 2 and Pixel 2 XL by $300. Now, Motorola is getting in on the action and slashing prices on its phones by up to $150. Moto E4 Plus The most inexpensive device included in the sale is ... Read More »

Honor 8 Lite, UberPOOL Ola Share Ban, Reliance Jio Playing by Rules, and More: Your 360 Daily

HIGHLIGHTS Stop using Windows XP or Vista by end of the year to continue using Gmail LG’s Android Wear smartwatches priced close to Apple Watches PS, Xbox piracy forums hacked, user details out in the open Globally, carpooling is seen as a viable solution for semi-public transportation. But a technicality is preventing services like UberPOOL or Ola Share to operate in the state of ... Read More »

Global Tech Market Will Grow By 4% In 2018, Reaching $3 Trillion

By Andrew Bartels, Vice President and Principal Analyst Forrester published its mid-year global tech market outlook for 2017 and 2018. In constant currencies, we project that global purchases of technology software, hardware, and services by businesses and governments will grow by 3.4% in 2017, and by 4% in 2018. Software and tech consulting services spending will see the strongest growth, with ... Read More »

Moto G5S Midnight Blue Variant Launched in India; Introductory Offer Slashes Price by Rs. 2,000

A new variant of Moto G5S, the popular affordable Moto smartphone, has been launched in India. The new Moto G5S variant comes in Midnight Blue colour , while the hardware and software remains the same as the original’s. Though the new version of the Moto phone is priced at Rs. 14,999, it will be available at Rs. 12,999 till October 21 as part ... Read More »