Business News

APK July 27, 2016

Although it added three million users — one million more that what analysts had expected — the not-so-promising second quarter earnings results led to the shares of micro-blogging website Twitter tumbling on Tuesday which wiped out nearly 10 per cent from its share price in after-market trading. The company posted quarterly revenue of $602 million, […]

APK July 27, 2016

India has lost its arbitration case in an international tribunal against Bengaluru-based Devas Multimedia Private Ltd for cancelling its space/satellite contract with the government-owned Antrix Corporation, Devas said on Tuesday. The government said that the order is being examined and “legal recourse will be taken” regarding the arbitration case. In a statement, Devas said: “A Permanent […]

APK July 27, 2016

In an intriguing find, scientists associated with NASA’s Dawn spacecraft have discovered a mysterious disappearance of a significant number of large craters on dwarf planet Ceres, indicating something has happened to it. NASA’s Dawn spacecraft arrived to orbit Ceres in March 2015 and mission scientists expected to find a heavily-cratered body generally resembling the protoplanet […]

APK July 27, 2016

Most of us who thronged cyber cafes in the late 1990s and a little into 2000s for surfing the internet, checking emails, night-long chats and online dating (for some lucky souls, though) can never forget the initiation into the World Wide Web, thanks to Yahoo. Yahoo Mail and Messenger were once the gospel for all […]

APK July 27, 2016

Canadian smartphone maker BlackBerry on Wednesday announced its second Android-based smartphone DTEK50 that combines BlackBerry’s security, privacy and productivity with the Android 6.0 Marshmallow experience. The $299 smartphone is now available to pre-order from ShopBlackBerry.com in the US, Canada, UK, France, Germany, Spain, Italy and the Netherlands. “We take our customers’ privacy seriously. This device […]

APK July 27, 2016

Researchers have developed a novel photo-transistor device that provides a low-cost and low-power alternative to traditional radio-frequency wireless data links, thus lightening the load on internet cables which are under the threat of a “bandwidth explosion.” “The current state-of-the-art in FSO (free-space optical) communications is based around near-infrared sources and photodetectors,” said Northwestern University’s Manijeh […]

APK July 27, 2016

Vodafone UK and Huawei have been conducting technical trials of a new mobile technology – 4.5G (TDD+) with LTE TDD – to significantly increase the capacity and efficiency of their 4G network in urban areas, as well as prepare for the introduction of 5G by 2020, a statement said here on Wednesday. “We are working […]

APK July 27, 2016

Passenger car major Maruti Suzuki on Wednesday announced that the sales of its first light commercial vehicle (LCV), Super Carry, will commence from August end. The Maruti Suzuki said that the new vehicle Super Carry will be initially sold in three cities — Ahmedabad (Rs 4.03 lakh), Kolkata (Rs 4.11 lakh) and Ludhiana (Rs 4.01 […]

APK July 27, 2016

Reliance Communications (RCOM) on Wednesday launched a new content-bundled data offer – MoviNet Plan – combining movies, music and Internet access, a company statement said here. “With the MoviNet Plan, subscription to the library of Hungama Play’s ‘Entertainment-on-Demand’ services comes free of cost, along with ‘Any-Use Data’. The MoviNet Plan blends data and content seamlessly, […]

APK July 27, 2016

As the sales of Apple iPhones went through a global slowdown barring in India, the Cupertino-based tech giant’s CEO Tim Cook has announced to soon open retail stores in the country — a move that brings to the fore the global importance of the burgeoning Indian smartphone market. Apple’s third-quarter net income plunged 27 per […]