Business

google

Constant conflicts between Google and European countries have been common issues over the past few years. The issues could recur over the next coming years. The ‘right to be forgotten’ is a key area, where Google makes significant efforts to limit search results. One of the senior advisors of the European Court of Justice (ECJ) braced Google’s legal battle. Through legal proceedings, the limits for the above-mentioned right witnessed examination

Amazon to Hold 29% Stake in Robotic Firm Balyo

Amazon has recently announced its plans of investing in Balyo, the French robotic firm. Balyo is into developing navigation technology for self-driving forklift trucks. In the next seven years, Amazon plans to gather 29% stake in Balyo via free stock warrants. As per the deal, Amazon would be able to use the warrants based on orders it places with Balyo. If Amazon orders US$300 mn of Balyo’s products in the

Alexa

Amazon has never held back from going an extra mile in promoting its products and offerings. This was more than apparent after Amazon launched its voice assistant ‘Alexa.’ And now the company has taken yet another step in popularising ‘Alexa’ by partnering with Telenav. The latter is a renowned vendor in the domain of location-based and connected-car services. As per the deal, Telenav will incorporate ‘Alexa’ voice assistants in its

Bank

Monzo, the UK-based bank with more than a million customer has entered in the US. Many sources said that fintech startup has a team to work on ground level in Monzo in North America. This team has powered by the US banking partner and Monzo works on the regulatory licenses. There will be a change in the plan if Monzo to create a lighter version of products for the US

Amazon

Global technology giants Amazon and Oracle are still continuing to fight over pentagon building advanced cloud-computing technology. Big techno giants like Microsoft, Oracle, IBM, and Amazon submitted their bids in order to win this contract. This technology implants in their operations and the decision of the government is to be in favor of Amazon. The protracted battle of court, how Pentagon should create their advanced cloud computing technology in their

Google Back with Fourth Edition of ‘Web Rangers’ to Encourage Web Safety

A contest launched by Google in 2015 for internet safety will have a fourth edition. Called as ‘Web Rangers’, the competition highlights the importance of cyber safety in young adults.  Students in the age group of 10 to 17 years can participate. Web Rangers is a global initiative, launched In India in 2015. This year will mark the fourth edition of the event. Google believes that Web Rangers is a

Business

Flux the London-based fintech has raised the amount of $7.5 mn as fund for launching Series A. The company has fabricated the technology for banks and merchants for offering detailed digital receipts. The VC firm is leading in the funds and also marking the presence of investing participants such as Anthemis and PROfounders. The company was founded in 2016 that bridges the gap between the digital receipt data and general

Lack of Regulations and Insurance Hurts Cryptocurrency Industry

The Asian cryptocurrency traders are facing difficulty in facing in securing their investments.  Large-scale fund managers cannot enter the mainstream market due to rising risks. Incidence of hacks and thefts is increasing. This has resulted in hefty losses, causing concern. There is further confusion about the how and what of cryptocurrency trading. Money laundering is also raising several eyebrows at the industry. Cryptocurrency is still at a nascent stage. There

Sundar Pichai Assures Capability of Tech Industry Tackle AI Worries

With artificial intelligence proliferating in most technological domains, many issues regarding its safety have cropped up recently. However, Google’s Sundar Pichai gave a word of assurance that the tech industry can handle the upcoming challenges. Regulation of AI Manufacturing Should Receive Boost Pichai stated that the tech industry is capable enough to properly control how AI works. The entire talk was included in a report published a couple of day

Mobile

The second largest stock market listing trailing Alibaba, the SoftBank will raise over US$ 23 Bn for its mobile business in Japan from initial public offer (IPO). This is expected to retain the status quo of SoftBank as the second largest stock market listing in the foreseeable future. In 2014, the bank had raised nearly US$ 25 Bn at current exchange rates. Pricing its share at US$ 13 or 1,500