This 21-year-old Delhi boy got a Rs 1.25 crore placement offer from Uber

21-year-old Sidharth, a computer science engineering student has been offered the job of a software engineer at the Uber’s San Francisco office. He will get an annual package of Rs 1.25 crore with other benefits.

In picture, 21-year-old Sidharth ( Image source- HT)

In picture, 21-year-old Sidharth ( Image source- HT)

  • Assam to get three new medical colleges
  • QS World University Ranking producers visit India to discuss women issues
  • Telengana: Intermediate examination postponed due to MLC elections
  • West Bengal: Make changes in new bill, teachers request Education Minister
  • High Court scrapes Lucknow University law admission ordinance

A student of Delhi Technology University (DTU) has received a placement offer of Rs 1.25 crore from Uber.

ADVERTISING

21-year-old Sidharth, a computer science engineering student has been offered the job of a software engineer at the Uber’s San Francisco office. He will get an annual package of Rs 1.25 crore with other benefits.

“It was a delight to have received the job offer and I am now looking forward to move to San Francisco,” Sidharth.

“I had actually done a seven-week internship with Uber earlier. So this is a pre-placement offer that I have received. Along with me, I think there is someone from one of the IITs,” he said.

Sidharth is an alumnus of Delhi Public School and had cleared the class 12 examinations with a glaring marks of 95.4 per cent. After clearing theJoint Entrance Examination (JEE) Main, he took admission into Delhi College of Engineering.

Sidharth told HT, “From the beginning, I wanted to do computer science engineering and with my score I was not getting the subject at any of the IITs. Moreover, I love Delhi and did not want to move from here,” he said.

source”cnbc”

Citron Research’s Andrew Left says the market simply got ahead of itself on Nvidia

The market simply got ahead of itself on Nvidia, Citron Research’s Andrew Left said on CNBC’s “Fast Money” on Wednesday.

Left argued that the stock, which has gained more than 231 percent in 2016, is simply not worth its current valuation. The stock’s price-to-earnings ratio was recently seen near 57 on a trailing 12-month basis, according to FactSet.

“If you own the stock, the easy money’s been made. Buying it right here, it’s a bit more challenging,” Left said, pointing to the stock’s recent rally. Up to Tuesday’s close, the stock had gained 65 percent since the election.

Some investors are buying Nvidia shares as if the company has been declared the clear winner in the emerging artificial intelligence market, said Left, who is known for his successful shorts against companies like Valeant Pharmaceuticals. Short selling is a form of trading in which traders can bet against a company by selling shares they do not own and buying them back at a lower price.

While Left said he admires the company and thinks it’s “terrific,” he is shorting the stock.

Earlier on Wednesday, Citron published a report that said Nvidia shareholders are discounting “significant competition,” which could “have a significant impact on NVDA’s gross margins.”

View image on Twitter

View image on Twitter

Follow

Citron Research @CitronResearch

Citron readers know we have long been fans of $NVDA,but now the mkt is disregarding headwinds. In 2017 we will see $NVDA head back to $90

  • 179179 Retweets

  • 222222 likes

Left told CNBC “there’s still risks to this business going forward,” which is mainly “transferring their revenue from where it is right now, from gaming to more data centers, capturing more of the auto market.”

The short-selling firm said it sees the stock heading back down to $90 a share. That figure is only slightly below the average price target of about $93.37, according to FactSet. The report impacted the stock, which ended the day more than 6 percent lower at $109.25 a share.

Nvidia declined to comment on the report to CNBC.

source”cnbc”

VR just got serious and you should be paying attention

160224 vr 9

If you haven’t been paying much attention to virtual reality, now might be a good time to start. In a series of announcements at Mobile World Congress in Barcelona this week, some of the biggest names in smartphones, consumer electronics and social media have given the technology a major boost.

It’s too early to tell whether the new cameras, smartphones, goggles and social media tools are enough to take the technology from video toy to big business, but together they make up the most serious attempt yet to do so.

At one end are new 360-degree cameras from Samsung Electronics and LG Electronics. These are vital for capturing the all-around images required for virtual reality.

160223 lg 1

MARTYN WILLIAMS

LG’s 360 camera on display at Mobile World Congress in Barcelona on Feb. 22, 2016.

Software in smartphones from the two companies will make it easier to capture, record and share 360-degree video and LG will soon launch a VR headset to compete with Samsung’s $99 Gear VR device.

Samsung said it would give Gear VR devices to people who preorder its Galaxy S7 and Alcatel, a brand of China’s TCL, is shipping its new Idol handset in a box that transforms into a VR headset.

160224 vr 2

MARTYN WILLIAMS

An attendee to Mobile World Congress in Barcelona tries out a virtual realityheadset on Feb. 23, 2016.

And online, Facebook and YouTube recently started supporting 360-degree video, giving consumers an easy way to distribute footage.

For Facebook, that’s just the start. Speaking in Barcelona, Facebook CEO Mark Zuckerberg said he believes VR is the next big social platform, and has teams working on new VR apps for the site.

160220 facebook

FACEBOOK

Facebook CEO Mark Zuckerberg walks past Mobile World Congress attendees watching a virtual reality presentation in Barcelona on Feb. 21, 2016.

He’s enthusiastic about VR because he believes it will bring people together like no other technology can.

“VR is the next platform, where anyone can create and experience anything they want,” said Zuckerberg. “Pretty soon, we’re going to live in a world where everyone has the power to share and experience whole scenes as if you’re just right there in person.”

Virtual reality technology captures images from at least two cameras and stitches them together. In the case of dual cameras, each has a 180-degree fisheye lens.

160223 vr 10

MARTYN WILLIAMS

Two fisheye lenses help Samsung’s Gear 360 camera capture an all round image

When joined, the result is an image that contains all directions — sideways, up and down. Imagine the image as a sphere, and you’re on the inside.

With a VR headset, you can look around the picture of video as if you were there, while on a 2D screen users can scroll around with a cursor.

Mark Zuckerberg talked about capturing the first steps of his new baby girl with virtual reality. Such an image or video would simultaneously capture not just the steps but also the faces of those watching.

The arrival of low-cost VR headsets also highlights a divergence that’s emerging in the market.

160224 vr 4

MARTYN WILLIAMS

An attendee to Mobile World Congress in Barcelona tries out an HTC Vive virtual reality headset on Feb. 23, 2016.

For the last several years, a lot of the hype around VR has been about gaming. In that market HTC, Sony and Oculus, which was acquired by Facebook, have VR headsets for serious gamers that pack better screens and audio for a more immersive experience. Two aren’t priced yet but the HTC Vive will cost $799.

So consumers can initially expect two very different virtual reality experiences depending on if they go the serious gamer route or casual user route.

[“source -cncb”]