Thursday 28 July 2016

Yahoo Sells To Verizon In Saddest $5 Billion Deal In Tech History

Yahoo was once the king of the Internet, a $125 billion behemoth as big in its time as Facebook or Google are today. Now it's being sold to Verizon for comparative chump change.



On Monday morning, Yahoo announced the end of the long process to extricate itself from a mess of its own making with a sale of its core operating business to Verizon for $4.8 billion in cash. The transaction ends the independence of one of Silicon Valley's most iconic pioneering companies. Yahoo's seventh and final CEO, Marissa Mayer, will reportedly depart upon the deal's conclusion with severence pay worth more than $50 million.

Friday 15 July 2016

Donald Trump selects Mike Pence as VP


Donald Trump said Friday Indiana Gov. Mike Pence is his choice to be his running mate.




"I am pleased to announce that I have chosen Governor Mike Pence as my Vice Presidential running mate. News conference tomorrow at 11:00 A.M.," the presumptive Republican nominee tweeted.





CNN reported Thursday that Trump had called Pence and offered him the vice presidential slot on his ticket. Pence has accepted.


The pick sets up a stark clash in styles: a brash presumptive nominee with a tendency to freelance into controversies alongside a cautious former congressional leader who's stuck close to conservative orthodoxy since starting his career in talk radio.


The Saturday event is currently scheduled to take place in Bedminster, New Jersey, CNN has learned.



Trump did his best to keep the drama going Thursday after a frenetic day.

Thursday 14 July 2016

In the paper, the researchers examined two aspects of 3D printing that have cybersecurity implications: printing orientation and insertion of fine defects.

In the paper, the researchers examined two aspects of 3D printing that   have cybersecurity implications: printing orientation and insertion of   fine defects."These are possible foci for attacks that could have a devastating impact on users of the end product, and economic impact in the form of recalls and lawsuits," said Nikhil Gupta, noted materials researcher and an associate professor of mechanical engineering at the New York University Tandon School of Engineering.

Tuesday 12 July 2016

Better safety measures needed for self-driving vehicles

DETROIT/SAN FRANCISCO: Concerns raised by the first reported fatality in a semi-automated car were expected to speed adoption of more sensitive technology to help vehicles see and drive themselves safely, increasing demand on the emerging autonomous vehicle technology industry, investors and analysts said.

Tuesday 5 July 2016

Indian banks need $90 billion capital by Financial Year 2019: Fitch

"The sharp rise in their NPLs and resultant losses have weakened the banks' core capital buffers, which will be further stretched when adjusted for a higher 70% provision cover on problem loans. The liability ratings of these banks will be under more pressure if capital levels are not addressed, either by the government or the market,"Fitch analysts Saswata Guha and Jobin Jacob said in a note released on Tuesday. The government has committed to inject $7 billion as capital in public