Tag Archives: down

Sachin Bansal steps down as Ujjivan Small Finance Bank director; here’s why

Sachin Bansal has resigned as independent director of Ujjivan Small Finance Bank in the interest of propriety and corporate governance after an entity owned by him submitted an application to the Reserve Bank of India for a universal banking licence. Within four months of acquiring a majority stake in Chaitanya India Fin Credit, Flipkart co-founder Sachin Bansal-led microlender had applied for a universal banking licence on ... Read More »

From farm to home, M&M Financial is doubling down on digital sales

A diversity can often open up new avenues. For Mahindra & Mahindra Financial Services, it might have just opened up new revenue streams. In the first half of 2019-20, the liquidity crisis hovering over the non-banking finance companies (NBFCs) in India reached the doorsteps of M&M Financial. The NBFC arm of automobile major M&M Group — which focuses on vehicles, equipment, and ... Read More »

Samsung Galaxy S9+ Bestselling Smartphone in April, iPhone X Slides Down to Third: Counterpoint

HIGHLIGHTS Counterpoint’s April report shows iPhone X on third spot Galaxy S9 Plus comes first with 2.6 percent market share iPhone X takes up 2.3 percent market share Counterpoint has released its global top selling smartphones list for the month of April, and surprisingly the Samsung Galaxy S9+ tops the list. The second spot has also been grabbed by Samsung with the Galaxy S9, and Apple makes it to ... Read More »

Fortnite Down for Maintenance on All Platforms, Epic Working on Fix

HIGHLIGHTS Fortnite is unplayable on any platform right now Epic Games is upgrading its database as a fix Fortnite has been down for over 12 hours Popular battle royale shooter Fortnite has been down for over 12 hours on all platforms – PS4, Xbox One, PC, and iOS. Developer Epic Games has taken the Fortnite servers offline for maintenance. According ... Read More »

Engineering colleges with less than 30 per cent admissions to be shut down: AICTE

The All India Council for Technical Education (AICTE) said on Friday that it will close down technical colleges which have, over the past five years, not managed to fill more than 30 per cent of the seats available. There are currently over 27 lakh vacant seats at engineer colleges across India, the Council said. “In the past few years, the ... Read More »

Facebook Shuts Down AI System After Bots Create Language Humans Can’t Understand

HIGHLIGHTS Chatbots started speaking in their own language defying codes provided Initially the AI agents used English to converse with each other This comes after Elon Musk said that AI was the biggest risk Days after Tesla CEO Elon Musk said Facebook co-founder Mark Zuckerberg’s understanding of artificial intelligence (AI) was limited, the social media company has reportedly shut down one ... Read More »

Sony’s music recognition app TrackID shutting down in mid-September

TrackID has been a staple of Sony phones – well, Sony Ericsson at the time – since 2005 but it will not carry on into 2018. In a surprise move, the company has decided to shut down the music recognition service on September 15. With the app, your TrackID history will be lost too. And it sounds like the Backup ... Read More »

The Senate Prepares to Send Internet Privacy Down a Black Hole

TODAY, WHILE YOU’RE not watching, the Senate could gut rules protecting your internet privacy. Last year the Federal Communications Commission passed a set of strict privacy regulations that ban broadband internet providers from selling your browsing data without your consent. Now, while most Americans are watching Neil Gorsuch’s Supreme Court nomination hearing and Obamacare repeal intrigue, senators could vote as ... Read More »

New AMD Radeon website counts down to Vega graphics card architecture preview

The wait for more details about Vega, AMD’s forthcoming enthusiast-class Radeon graphics card architecture, will soon be over. This morning, AMD’s social media channels teased a new Ve.ga website featuring a countdown to a “Vega architecture preview.” The clock runs out at 9:00 a.m. Eastern time on January 5, the opening day of CES 2017. The graphics cards based on ... Read More »

Sony revises Xperia shipment forecasts for 2016 down to 17 million

Sony’s mobile division started off well – it was making more per phone than any other Android maker. But the company will not reach its 20 million phones shipped forecast – it already cut it once by a million and now by two more. In total, Sony’s forecast is that it will ship 17 million Xperia phones. The blame has ... Read More »