Tag Archives: down

Imagination Tech CEO Steps Down; Warns of Operating Loss

Imagination Tech CEO Steps Down; Warns of Operating Loss Imagination Technologies, a supplier of graphics technology to Apple, said its chief executive Hossein Yassaie had quit, departing as the British company warned it would make an operating loss this year. Non-executive director Andrew Heath had been appointed interim chief executive, the company said on Monday, adding that it would take ... Read More »

Spotify CEO Daniel Ek Becomes Chairman as Co-Founder Steps Down

Spotify CEO Daniel Ek Becomes Chairman as Co-Founder Steps Down Spotify co-founder and Chief Executive Officer Daniel Ek is consolidating power over the world’s largest music streaming service, taking on the role of chairman ahead of a planned initial public offering as soon as next year. Martin Lorentzon, a co-founder of Spotify, is stepping down from his role as chairman ... Read More »

Amazon Cracks Down on ‘Incentivized Reviews’ on Marketplace

Amazon Cracks Down on ‘Incentivized Reviews’ on Marketplace Amazon.com Inc. is tightening controls on “incentivized reviews,” in which customers receive free or discounted goods in exchange for writing product critiques that many shoppers use when making online purchases. Amazon previously allowed such reviews to help new products pick up traction on its marketplace, as long as the person writing the ... Read More »

Twitter Shut Down 235,000 Accounts Since February for Promoting Terrorism

HIGHLIGHTS 360,000 the total number of accounts sidelined since the middle of 2015 Tech titans have been enlisting software to battle extremist propaganda Getting quicker at identifying extremist content and shutting down accounts involved Twitter announced Thursday that it had cut off 235,000 accounts during the past six months in a heightened crackdown on use of the global messaging service ... Read More »

Govt turns down proposals for setting up 83 medical colleges

However, the health ministry has approved the establishment of 11 medical colleges for 2016-17. Photo: Rajendra Gawankar/HT New Delhi: The Union health ministry has turned down proposals for setting up of around 83 medical colleges based on the recommendations of Medical Council of India (MCI). The ministry has also denied permissions to 47 medical colleges in various states to expand ... Read More »

Double Trouble For Twitter With Revenue and Stocks Down

Has the Twitter success story run its course? That’s the question being posed on Wall Street after Twitter reported disappointing revenue growth in the first quarter of 2016 recently. In the first quarter, Twitter reported $595 million in revenue, well below the $607.8 million that analysts were expecting. The company added 5 million users, but fell short of the growth that ... Read More »

Twitter Reportedly Forces Tweet-Archiver PostGhost to Shut Down

PostGhost – a nascent website that kept copies of deleted tweets sent by verified users – has decided to shut operations after micro-blogging site Twitter sent the start-up a notice. PostGhost kept copies of tweets sent by verified users with more than 10,000 followers, the Verge reported on Monday. Twitter sent a notice to PostGhost that recording deleted tweets was ... Read More »

In Saffronizing Education, Javadekar Will Beat Smriti Hands Down

I must confess to a soft corner for Smriti Irani. She was such a feisty HRD minister – pungent, tart, ever-ready to fight her corner, articulate in both Hindi and English (and, presumably, her mother tongue, Gujarati), with a sharp repartee always on her tongue, a vocabulary of wit and abuse in equal measure, well-prepared in parliament and a first-class ... Read More »

Skype to Shut Down Qik Video Messaging App on March 24

Skype in 2014 introduced its Skype Qik video messaging app to take on rival services such as WeChat orSnapchat. However, the Microsoft-owned VoIP service has now decided to shutter its app. The company will be completely taking the Qik app off-the-grid by March 24. The company says that shutting down Skype Qik video messaging app should not be much of ... Read More »

Twitter Taking Down Our Accounts in Fight Against IS: Anonymous

As the micro-blogging website prepares to tackle terror-related tweets, online activists now claim that in the bid to stop Islamic State (IS) from using its platform to spread its hate agenda and recruits new members, Twitter has been shutting down accounts of those who actually report terrorism. A hacker with Anonymous – a global network of activists and “hacktivists” – ... Read More »