Google parent Alphabet on Monday saw shares slide as the market reacted to a massive fine by the European Commission and word that success in mobile, cloud and YouTube is coming with higher costs. Alphabet reported a quarterly profit of $3.5 billion (roughly Rs. 22,532 crores), in a sharp decline from a year ago, with a $2.74 billion antitrust fine in Europe biting into earnings. The technology giant reported that revenue grew to $26 billion (roughly Rs. 1,67,384 crores) in the recently ended quarter, and that profit would have tallied nearly $6.3 billion if it were not for the fine levied on search engine Google by the European Commission. Earnings…
Author: Loknath Das
Read More
Lucknow Outgoing president Pranab Mukherjee recently got lessons in sports from young researcher Kanishka Pandey. Sports: A way of life, written by Pandey, explains how sports plays a major role in holistic personality development of players. It was presented to Mukherjee at Rashtrapati Bhawan. “This research is the first-of-its-kind academic work on sports that lays emphasis on national character building through sports and seriously challenges the adage that sports spoil the human being,” Pandey, a former state-level badminton player from Lucknow’s St Francis College, said. During the 15 minute audience, Mukherjee asked him about the content of the work and how…
Even though most people use WhatsApp and Facebook Messenger for chatting, there is no dearth of alternatives available. There are privacy-focused options such as Telegram, and sticker-filled apps such as WeChat, so there is a messaging app for every purpose. One such app, Wire, takes a slightly different approach. Wire’s appeal lies in its simple, clutter-free design that is suitable for both professional and personal use. The app, which is backed by Skype co-founder Janis Friis, let’s you chat, share images, and make voice calls to other Wire users. Like WhatsApp, and some other apps, Wires uses your phone’s contact list to quickly connect you to other users you…
HIGHLIGHTS PES 2018 online beta is available on PS4 and Xbox One It offers two modes: Online Co-op and Quick Match The beta runs till July 31 9:30am IST PES 2018 doesn’t release for another month or so, but Konami is giving players a sneak peek into the new iteration thanks to an online beta that’s now available for free (without the need to pre-order) on the PS4 and Xbox One. The reason it’s being called a “beta” by Konami is because it’s meant to test the online component of PES 2018 – a traditional “demo” of the game will be available closer to…
Getting the right financial product for your small business is important. However, entrepreneurs should be careful about which small business financing options they choose. Some make more sense for your company than others. Small Business Trends talked with Hanna Kassis an expert at Segway Financial about how to differentiate between loans, cash advances and factoring. “The biggest difference is cash advances and factoring are not loans, although sometimes they’re disguised as loans,” Kassis says. The trick for small business owners is in understanding how to pick the financial product that works to make their situation better. Choosing the wrong path can lead to deeper financial…
“Every possible series of events is happening all at once,” Littlefinger tells Sansa Stark in the newly released trailer for the rest of Game of Thrones season seven, which HBO unveiled at a Friday-evening Comic-Con panel after it was leaked online earlier in the day. 8 winners and 5 losers from Game of Thrones’ season 7 premiere He could have just as well been talking about the trailer itself, a “weeks ahead preview” that races through the show’s various groups of characters to show us alliances and armies coming together throughout Westeros in the coming season, as Daenerys makes her play for…
UK marketers have revised their internet budgets up to the greatest extent since the third quarter of 2007, according to the latest IPA Bellwether Report, published today (19 July). However, while an increase in internet budgets in Q2 2017 has fuelled growth in overall marketing budgets, rising wider economic uncertainty has had a noticeable impact on companies’ financial prospects. 32% of the latest survey panel recorded an increase in internet marketing budgets, compared with a little over 9% of panellists that recorded a fall, providing a resulting net balance of +22.7% – up sharply since the previous quarter’s +16.9% and…
In what was definitely the most-awaited feature phone launch in years, Reliance Jio announced the Jio Phone launch at the annual Reliance Industries AGM on Friday. The phone comes at a price that’s even lower than what was rumoured – you need to pay a Rs. 1,500 deposit up front, which is refundable after three years, making the phone effectively free. Jio Phone users can enjoy Reliance Jio services like free voice calling and SMS, as well as access to Jio apps like JioTV and JioMovies at Rs. 153 per month, Reliance Industries Chairman Mukesh Ambani said. This Jio plan also gets you ‘unlimited’…
Game development in India has continued to operate in a state of flux over the years. The one part of the industry that is still going strong is studios that carry out outsourced development of parts of games. This is particularly true when talking about the creation of art assets that are used in big budget console and PC titles. One of the oldest – and perhaps the most successful Indian companies in this space – is Gurgaon-based Lakshya Digital. Lakshya’s art has been used by some of the industry’s biggest hits, including Metal Gear Solid V: The Phantom Pain, WWE 2K16, and Bloodborne. It’s…
China’s top cyber authority ordered the country’s top tech firms to carry out “immediate cleaning and rectification” of their platforms to remove content deemed offensive to the Communist Party and the country’s national image, it said on Wednesday. The watchdog held a meeting with representatives from firms including Tencent Holdings Ltd, Baidu Inc and Sohu.com Inc, on Tuesday where it gave them a list of specific errors, the Cyberspace Administration of China (CAC) said in a statement on social media. The violations include distorting Chinese history, spreading fake news, misinterpreting policy directives and failing to block content that subverts public stability. “[The…