Tag Archives: says

Twitter CEO Says Conservative Employees ‘Don’t Feel Safe’ Expressing Opinions

Twitter CEO Jack Dorsey has said that the conservative employees at the social media service “don’t feel safe to express their opinions” at work. Dorsey – like his counterparts at Facebook and YouTube – has consistently said that his service isn’t biased. But the people who build Twitter are biased, Dorsey admitted in an interview last month, saying out loud what everyone already knew: Twitter, like most tech ... Read More »

Google Says It’s Removing Over ‘100 Bad Ads Every Second’

] HIGHLIGHTS Scammers were purchasing search ads: WSJ “They were masquerading as authorised service agents for companies” Google will roll out a verification programme in coming months Google is removing over 100 scam advertisements every second for violating its policies and will soon implement a verification programme to further weed out bad actors from its platform. After The Wall Street Journal reported that ... Read More »

Xiaomi Plans to Enter US Market Next Year, Says Ties Will Help Avoid Trade Tensions

HIGHLIGHTS Xiaomi is set to enter the US next year The company is considering the US market “very attractive” Xiaomi’s Senior Vice President Wang Xiang confirmed the development Xiaomi is aiming to enter the US a long time after gaining success in India and China. The company also recently entered Europe and the UK. The Beijing-based smartphone maker that sells its Mi and ... Read More »

Xiaomi Mi MIX 2S to Sport Ceramic Body, 8GB RAM, 128GB Storage, Says CEO

HIGHLIGHTS The specifications have been confirmed by CEO Lei Jun The leaked video shows no notch on the phone The phone is set to launch on March 27 Xiaomi Mi MIX 2S launch on March 27 is just around the corner and Xiaomi fans are waiting with bated breath to witness the Chinese phone maker’s next big innovation in smartphone design. Xiaomi CEO ... Read More »

GE Says Finance Woes Pushing Company Toward Low End of Forecast

(Bloomberg) — General Electric Co. is heading toward the bottom of its profit forecast for the year as the manufacturer faces challenges in its finance operations, a top executive said Wednesday. Following a large charge against an insurance portfolio and plans to shrink the GE Capital division, the company’s earnings are “probably more at the lower end” of the range, ... Read More »

Apple Supplier Murata Says iPhone X Output Target Cuts Overstated in Report

Japan’s Murata Manufacturing Co, which supplies components for the iPhone X, has not seen its orders drop commensurately with the sharp fall in the iPhone X production target stated in a report, a senior Murata executive said. Apple will halve its iPhone X production target for the first three months of the year to around 20 million units, the Nikkei reported on Monday, sending ... Read More »

GST Collections Rise To Rs. 86,703 Crore In December, Says Finance Ministry

As many as 56.30 lakh GSTR 3B returns have been filed for December, Finance Ministry said. New Delhi: Halting two months of decline, the GST collections gathered momentum in December, rising to Rs. 86,703 crore. “Total revenue Collections under GST for the month of December 2017 (received in December 2017/January up to January 24, 2018) has been Rs.86,703 crores till January 24 2018,” the ... Read More »

Intel CEO Says Chip Flaw Damage Contained by Industry, 90 Percent Chips to Be Patched in Coming Days

HIGHLIGHTS The Meltdown security flaw only affects Intel chips Alongside, a wider-reaching Spectre flaw was also revealed Tech giants have been scrambling to update software and hardware Intel chief Brian Krzanich said Monday the impact of a recently discovered vulnerability in computer chips has been limited due to “remarkable” collaboration by the tech industry. Krzanich took the unusual step of addressing the security ... Read More »

Awaiting Concrete Proposal From Apple, Says Commerce Minister Prabhu

The commerce and industry ministry is awaiting a concrete proposal from iPhone maker Apple to set up manufacturing unit in India, Union Minister Suresh Prabhu said today. “We are waiting for a good proposal from Apple…Please give us a concrete proposal. If the proposal comes, we will examine it. We are always open for that,” Prabhu told reporters here. During a recent meeting with Apple officials, ... Read More »

Finance Ministry cautions against bitcoin, says ‘virtual currencies are like ponzi schemes’

The Ministry of Finance has cautioned people against investing in virtual currencies and compared them to ponzi schemes. “There has been a phenomenal increase in recent times in the price of Virtual ‘Currencies’ (VCs) including bitcoin, in India and globally. The VCs don’t have any intrinsic value and are not backed by any kind of assets. The price of bitcoin and ... Read More »