The state of affairs are poor for Samsung Mobile, as the company deals with its biggest disaster yet. The Note 7 has truly turned out to be a problem for the brand, an expensive problem at that.
The reported recall and disposal of the Note 7, will cost the parent company a whopping $5.3 Billion. However Samsung has assured its investors that it plans to recover the losses in less than three quarters after the Note 7 process is complete.
Samsung claims it will expand sales of the Galaxy S7 and Galaxy S7 Edge and will not be releasing updated versions of those devices. Samsung has recalled 1.9 million Note 7 units in the US , 200,000 phones in China and about half [...]
Apple has been off Twitter till now, not communicating with the world through social media. But the tech giant has finally launched a Twitter account @Apple just few days ahead of the iPhone 7 launch set for September 7th.
Although Apple hasn’t tweeted anything yet, the account is verified and seems to be ready to go. From the looks of it Apple will live tweet the Apple iPhone 7, 7th September event. The company also recently updated it’s Newsroom for a more card like approach.
Apple has remained very closed about it’s press relations and the company’s approach towards marketing has been very internal and not social media friendly. With a twitter [...]
While the next iPhone is around the bend, Apple iPhone 6 and iPhone 6 Plus owners have sued Apple in the U.S. over faulty touchscreen controller chips that render the smartphones useless. Dubbed “Touch Disease” it seems to be rampantly affecting iPhone 6 and 6 Plus.
The case alleges that Apple is aware of the technical glitch but refuses to fix affected devices. The named plaintiffs in the case Todd Clearly, Jun Bai and Thomas Davidson are reportedly accusing Apple of fraud.
The iPhones are not fit for the purpose of use as smartphones because of the touchscreen defect,”
The plaintiffs linked the problem to Apple’s decision not to use a [...]
Today the country is abuzz with the a revolutionary new service, yet to launch. In fact, people have been talking about Reliance’s JIO for almost two years now. The JIO effect being dubbed by publications each time a service provide offers a discount or reduces prices on their 4G services.
1.5 million sim cards have been reportedly given out by the company to willing early consumers who sign up for the service without reading the fine print of the 90 day free service offer. Reliance has done this in the past, tired to revolutionise the mobile industry and sell handsets masquerading under the “Dhirubhai Ambani Offer.”Reliance has done this in [...]
WhatsApp has updated its Terms of Service now that the Facebook control is starting to seep through. WhatsApp says it will start sharing the phone numbers of its users with Facebook, its parent company.You can Opt Out if you do not want this by going to Settings - Account. Click to Tweet
WhatsApp says they want a n easier way for people including businesses to find you. However, there will be no third-party banner ads on WhatsApp nor Spam.
The intention is to charge companies to allow user to make transactions, and get appointment information, things like delivery and shipping notifications, product and service updates, and marketing. Which would [...]
Cupertino based Apple Inc. has launched its own Bug Bounty program with a winning of US $ 200,000 for hackers and researchers who find and report security flaws in Apple products. Apple claims that they have reached a stagnation point where its own testers and even third party contract security firms are having difficulty finding bugs.
Bug Bounty and hacking seem to be becoming lucrative on the other side of the fence. Recently the FBI paid US $ 1 Million to a Hacker to hack into the San Bernardino case iPhone .
Apple’s Bug Bounty program is by far the biggest corporate bounty program announced, and will definitely get some bug bounty specialists scrambling for [...]
The government of India has finally passed the GST bill, also known as the Goods and Services Tax bill. This is considered a significant step in the reform of indirect taxation in India. While the rate of GST is undecided it should rain between 17 – 19%.
So what does GST mean and how does it affect the Tech and Commerce Sector?
For starters, companies and manufacturers will see big benefits from this taxation policy. Instead of paying taxes at multiple levels of government including State and Central, there will be one Tax allowing for companies to save from the existing cumulative 25-30% tax burden and reduce it to 17-18% a a single unified tax.
Apple has just leased 40,000 sq ft of prime real estate in Bangalore / Bengaluru to set up a development accelerator for iOS Apps.
Apple had announced this project back in may when tim cook said :
India is home to one of the most vibrant and entrepreneurial iOS development communities in the world,” said Tim Cook, Apple’s CEO. “With the opening of this new facility in Bengaluru, we’re giving developers access to tools which will help them create innovative apps for customers around the world.
The facility in Bengaluru will be Apple’s second after Hyderabad where earlier this year Apple also launched a technology centre, dedicated to Apple Maps [...]
Sony Mobile India at a recent investor meet has confirmed it will focus less on select markets like China, India, and the US where its performance low. Sony has also slowed operations in Brazil and plans to focus more on the Europe, Middle easy and Japanese markets.
Sony also points to “growth slowdown in emerging markets”. According to the report, Sony’s Mobile division has incurred 40 Billion Yen of Net reductions between 2014-2016 which is roughly US $ 400 Million.
Sony will rampantly reduce product footprint and plans to focus on premium smartphones. Sony also claims that their growth percentage has been poor in these regions, as low as 0.3%.
Big news for the tech industry, LinkedIn the social network for professionals has been acquired by Microsoft for $196 per share in an all-cash transaction valued at the whopping US $26.2 billion including all of LinkedIn’s current cash holdings.
LinkedIn will retain its distinct brand, culture, and independence. Jeff Weiner will remain CEO of LinkedIn, reporting to Satya Nadella, CEO of Microsoft. The complete takeover will happen by the end of this calendar year.
The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals, Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we [...]
Apple’s investments in the hundreds of megawatts of solar projects for powering its server farms and offices is apparently generating more electricity than the company can use. Apple has set up a new business called Apple Energy with the Federal Energy Regulatory Commission to sell power on wholesale markets.
Apple has announced its plans for significant investments in solar projects throughout the US, and this will only help generate more electricity for the energy company.
Apple claims that they generate enough electricity to recover 93% of its usage worldwide. The company also has investments in hydroelectric, biogas, and geothermal power, will buy [...]
The Indian Government has halted plans from Google to put Indian cities, tourists spots, hills, and rivers in an application in which one can explore through 360-degree, panoramic and street-level images.
According to the security agencies and home ministry, these pictures can be used for planning of terrorist attacks that might ultimately lead to events like those in 2008 that took place in Mumbai.
Street view, which was earlier just launched as a test in the US is now showcasing 360-degree panoramic views to include locations on all seven continents, covering 65 plus countries and has travelled seven million plus miles.
Google has often run into trouble [...]