Big tech was slammed Friday as investors took profits from the group, which some fear has become a massive market bubble. The sell-off accelerated in afternoon trading, with the Nasdaq falling 2.4 percent, and names like Facebook and Apple, down 4 percent. The S&P tech sector was down 3.3 percent Friday but was still up 18 percent for the year. ... Read More »
The Dow closed at a record on Friday even as the Nasdaq skidded nearly 2% as the technology sector abruptly fell in afternoon trade. The Nasdaq’s retreat comes on the heels of an early record and marked the biggest one-day decline for the Nasdaq since May 17, when it tumbled more than 2.5%. The Dow Jones Industrial Average DJIA, +0.42% ... Read More »
The CBSE has rejected the contention that NEET 2017 question papers in vernacular languages such as Gujarati were easier compared to English. Photo: Hindustan Times Madurai: The CBSE on Tuesday denied in the Madras High Court that vernacular question papers for NEET 2017 for admission to MBBS and BDS courses were easier than the papers in English. In its counter ... Read More »
The Supreme Court order came on the plea of BHU and AMU. Photo: Pradeep Gaur/Mint New Delhi: The Supreme Court on Wednesday set aside the Allahabad High Court’s 29 May order which had quashed 50% institutional preference in admission to PG medical seats. A vacation bench comprising justices Ashok Bhushan and Deepak Gupta said institutes like the Banaras Hindu University ... Read More »
IIT Delhi’s rank rose 13 places from last year’s 172 in Quacquarelli Symonds (QS) World University Rankings 2018. Photo: Ramesh Pathania/Mint New Delhi: For the first time in 14 years, three Indian institutions led by the Indian Institute of Technology (IIT) Delhi have made it to a list of world’s top 200 universities. The two other Indian institutions in Quacquarelli ... Read More »
HIGHLIGHTS HTC U11 listed on the company’s India site No price or availability details as of now HTC U11 to launch in 6GB RAM and 128GB storage model HTC U11, the Taiwanese company’s flagship smartphone, seems set to launch in India soon. The company has listed the new HTC U11 on its India website indicating an imminent launch. Additionally, a ... Read More »
HIGHLIGHTS Moto Z2 Force may be priced at Rs. 38,999 The Moto G5S Plus may be priced at Rs. 17,999 Moto X4 may be priced at Rs. 20,999 Lenovo brand Moto just recently launched its Moto Z2 Play smartphone with Moto Mods support in India. However, the company plans to release three more smartphones into the market before the end ... Read More »
HIGHLIGHTS LeEco’s Leshi has scrapped plans to issue CNY 2 billion worth of bonds No reason given for the cancellation by the Leshi Internet In May, LeEco said it will cut over 300 jobs at its US business Leshi Internet Information & Technology, a listed unit of Chinese conglomerate LeEco, has scrapped plans to issue CNY 2 billion ($294 million) ... Read More »
After a dearth of technology listings in 2016, Snapchat parent Snap is set for its market debut as early as this week. The initial public offering (IPO) if successful could presage a wave of listings from the sector’s so-called “unicorns” – those with a valuation of at least $1 billion based on private funding sources. Here are some of the ... Read More »
Chipmakers switched focus at Taiwan’s top tech fair this week with bets on new areas such as driverless cars, virtual reality and artificial intelligence, shifting away from smartphones where intense competition has pushed down components prices. The Computex Taipei event, now in its 36th year, has historically been a central venue for electronic parts manufacturers to show off their processors ... Read More »
Techosta Where Tech Starts From