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Tuesday, July 30, 2019

India crowns its newest billionaire, a 37-year-old former teacher

India has crowned its latest billionaire, a 37-year-old former teacher and founder of educational app Byju's.

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Nintendo first-quarter profit falls 10.2%, below estimates, despite growing Switch sales

Operating profit in the first quarter was 27.4 billion yen ($252.26 million).

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Capital One hacked, says information of 100 million-plus users leaked

Capital One Financial Corp said on Monday that personal information including names and addresses of about 100 million individuals in the United States and 6 million people in Canada were obtained by a hacker who has been arrested.

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Sony posts 18% jump in Q1 profit, beats market expectations

Japan's Sony Corp on Tuesday reported an 18.4% increase in first-quarter operating profit, beating market expectations thanks to a strong performance in the image sensor business.

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Huawei Technologies posts 23% H1 revenue growth despite US sanctions

China's Huawei Technologies said on Tuesday revenue in the first half of the year grew 23.2% - faster than a year ago - despite an intense US campaign against it that ultimately became a trade ban from mid-May.

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Nintendo Sells 2.1 Million Switch Consoles in Q2, Sees Profit Drop

Nintendo Switch sales in the quarter brought the total installed base to 36.9 million units.

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Huawei is crushing rivals like Apple in China's smartphone market

Huawei's smartphone shipments in China soared 31% in the second quarter even as the overall market slowed, according to research firm Canalys.

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Paytm's rival PhonePe gets Rs 698 crore boost

Flipkart-owned digital payments company PhonePe has received a fund infusion of about Rs 698 crore from its parent firm, as per regulatory filings.

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How to create and send WhatsApp stickers for Shivratri

Sharavan is one of the most auspicious months for Hindus. The month is considered to be of Lord Shiva. Sawan Shivratri falls on Krishna Paksha Chaturdashi, which is fourteenth day of the waning phase of moon. Several people also send stickers as Shivratri greetings on WhatsApp. In case you are not sure how to download them, here's our step-by-step guide:

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DoT issues 5G trial norms: Here's what they are

The Department of Telecommunications (DoT) has issued guidelines for 5G trials across all available spectrum bands indicating to allocate up to 400 MHz of radio waves for experiments. The DoT has fixed a uniform fee of Rs 5,000 for the trial licence.

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Huawei says its first-half revenue jumped 23.2% despite political headwinds

China's Huawei said its total revenue came in at 401.3 billion yuan ($58.26 billion) and its net profit margin for the period was 8.7%.

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How Indian Railways has brought Reliance Jio, Airtel and Vodafone-Idea 'together'

Mobile operators Reliance Jio, Bharti Airtel and Vodafone Idea have vehemently opposed allocation of premium 700 MHz spectrum to Indian Railways for specific services, citing commercial value of such radiowaves and the potential for 4G and 5G offerings.

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Uber lays off 400 employees globally

Ride-hailing company Uber Technologies Inc said that it laid off 400 people globally from its marketing team.

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Huawei market share rises to 38% as China smartphone market declines: Report

Smartphone shipment in the world's largest smartphone market declined for the 9th consecutive quarter by 6% in the three months ended June to 97.6 million units.

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Companies using Facebook 'Like' button liable for data: EU court

EU-FACEBOOK-Companies using Facebook 'Like' button liable for data: EU court

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Google paid people $5 to scan their faces for Pixel4

At a time when face recognition technology is in the thick of controversies, Google paid people $5 in exchange for a facial scan to build an accurate face unlock feature for the upcoming Pixel 4.

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Qualcomm, Tencent Agree to Collaborate on Gaming Devices, 5G

Qualcomm and Tencent said they will cooperate on projects that could include making the latter's videogames play better on devices with the former's chips, and create a 5G version of a Tencent-backed gaming phone.

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WhatsApp Multi-Platform System Confirmed, Will Allow Same Account to Run on Many Devices: WABetaInfo

WABetaInfo has now confirmed that the multi-platform system is indeed in the works and will launch in the future

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Vodafone-Idea to shut down m-pesa business, writes off Rs 210 crore

Nearly 17 months after it began operations, ABIPBL on July 20 announced winding up of its business on account of "unanticipated developments" that made its economic model "unviable".

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Uber Lays Off 400 Employees From Its Global Marketing Team to Reduce Costs

Uber on Monday confirmed it is cutting 400 jobs from its marketing team of more than 1,200 workers to reduce costs and improve efficiency.

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How Amazon may deliver really bad news for Zomato, Swiggy



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Capital One data breach exposes tens of thousands of Social Security numbers, linked bank accounts

The FBI arrested a woman who was charged with stealing tens of millions of sensitive customer records from Capital One, the Washington Post reported.

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