Microsoft CEO Satya Nadella Received $18 Million in 2016 Pay HIGHLIGHTS Nadella received about $5.66 million in salary and bonus He also got $12 million as stock award Satya Nadella took over as Microsoft CEO in 2014 Microsoft Corp. Chief Executive Officer Satya Nadella’s reported compensation fell 3.3 percent to $17.7 million (roughly Rs. 117 crores) in the software maker’s ... Read More »
Ericsson to Lay Off 3,000 in ‘Large Transformation’ Telecoms equipment maker Ericsson on Tuesday confirmed recent media reports that it will cut 3,000 jobs in Sweden, including in production, research and development. The company said however that it also planned to hire 1,000 people in research and development over the next three years, as the company undergoes a “large transformation”. ... Read More »
HIGHLIGHTS 128GB of iPhone 6s and iPhone 6s Plus cheaper by Rs. 22,000 iPhone SE 64GB now costs Rs. 5,000 less Minor price cuts for entry-level iPhone 6s and iPhone 6s Plus as well Apple has slashed the prices in India for iPhone 6s, iPhone 6s Plus, and iPhone SE. The iPhone 6s now starts at Rs. 50,000 and comes ... Read More »
HIGHLIGHTS The service has been launched only in Hyderabad for now Amazon Pantry is available to regular Amazon India customers There is a delivery charge of Rs. 20 per box Amazon India on Wednesday announced the launch of itsPantry service in Hyderabad, where customers can shop for over 4,000 everyday essentials. “Using Amazon Pantry, customers can now shop for ... Read More »
HIGHLIGHTS Symantec fixed the issues informed by Ormandy and asked users to update Issues could have allowed hackers to control OS without user interaction Symantec uses the same core engine across their entire product line Google Project Zero member and security researcher Tavis Ormandy published a blog on Wednesday detailing major security flaws found in nearly 25 of Norton and ... Read More »
Silent Circle, a Geneva-based pioneer in securing mobile communications, said on Friday it has raised $50 million in a Series C financing round led by Santander Bank as it looks to reinvent itself as an enterprise-focused business. The firm, which was founded by well-known cryptologists in 2011, said it plans to use the funds to expand development of software products ... Read More »
South Korea’s LG Electronics Inc said on Monday it plans to start selling a new premium smartphone from September, hoping the device will help its struggling mobile business recover from disappointing sales. LG said its V20 device, successor to the V10 that went on sale in October last year, will be the first product to run on Google’s latest version ... Read More »
Beats Wins in Case Alleging Double Dealing Before Apple Sale A judge has dismissed the key claims in a lawsuit alleging that headphone maker Beats Electronics duped one of its early partners before negotiating its $3 billion sale to Apple two years ago. The summary judgment issued late Monday by Los Angeles Superior Court Judge William Fahey resolves the heart ... Read More »
Romanian Hacker ‘Guccifer’ Sentenced to 52 Months in US Prison HIGHLIGHTS Lazar breached Clinton’s private server at her home in New York He is believed to have hacked into email accounts of about 100 victims Victims include prominent political figures A Romanian hacker nicknamed “Guccifer” who helped expose the existence of a private email domain Hillary Clinton used when she ... Read More »
Instagram Finally Lets You Zoom in on Photos and Videos HIGHLIGHTS It’s arrived on Instagram’s latest iOS app version Pinch to zoom feature will roll out to Android users in ‘coming weeks’ Zooming on photos or videos will make them look gross There have been a lot of requests to add a much-wanted zoom feature to the Instagram app. The ... Read More »
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