Every three months, dozens of shareholders get on a conference call to hear the latest details on Uber’s business performance from its head of finance, Gautam Gupta even though the ride-hailing giant Uber Technologies Inc. is not a public company. Uber’s losses mounted in the second quarter, Gupta told investors. The company was once again…
This strategic acquisition will help it position itself in the centre stage of the web-bookmarking market. Pinterest is more than just a bunch of photos from which you can choose your wardrobe. Since its inception, the service also has a save-for-later-reading feature, although it’s not really well known for that. However, in a step to…
The tech will not hurt manufacturing jobs but is likely to help reduce the cost of production through advanced automation. Although MIT had created history when it made a self-assembling chair, but given its stature, one can hardly expect it to rest on its laurels. MIT has now a more ambitious project in mind: self-assembling…
This development could result in improved web browsing experience. Researchers at Google are blurring the lines between fiction and reality: a small team of researchers at Google have built a neural network whose sole purpose is to optimize file sizes in images. They have developed a program that uses artificial intelligence to improve the compression…
Already more than 50% of U.S. hospitals use Apple’s healthkit research app to treat serious and chronic health issues. The acquisition of Gliimpse could further strengthen Apple’s business in this segment. Going by the report from Fast Company, Apple is said to have purchased a startup that specializes in helping users collect and personalize their…
MIT’s programmable routers can significantly reduce network bottlenecks. Just as you hate when your network’s throughput comes crawling, researchers at MIT hates it as well. So as to sort out the mess, researchers at MIT have developed programmable routers that can keep up with today’s bandwidth heavy media content and video streams. Rather than creating…
In a major escalation in a long-running dispute between New Delhi and the world’s biggest seed maker, Monsanto Co has withdrawn an application seeking approval for its next generation of genetically modified cotton seeds in India. Strong objections to a government proposal that would force Monsanto to share its technology with local seed companies were…
Hoping to formulate, finalize and ultimately launch a digital-only cash system within a period of four years from now, four of Europe and the U.S.’s biggest banks have joined forces to work on a system that would reduce dependency on cash based on the block chain system. With the hope that the new system would…
Available in both Free and Paid versions, the paid version has more advanced features which help you gauge the readability and possible response to your mails. Did you ever wonder why is it that you do not get a response to every mail that you write? Is it that your recipient is busy? Has your…
Expect shipping to be around December if you order one now. Visa’s payment ring, which we had reported earlier, is now longer limited to Rio bound athletes. Now just about anybody can pre-order Visa’s NFC Ring, which allows you to make payments at its many store terminals without you having to pull out your wallet…
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