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Is Facebook next to join smart speaker race?

By : CIOL Writers

Smart speakers are the latest craze in the tech world with every tech major joining the fray to bring its own version of Amazon Echo in the market. So after, Google, Apple and Samsung, social networking giant Facebook too is

Another smartphone explodes, this times its Xiaomi Redmi Note 4

By : CIOL Writers

While Samsung Galaxy Note 7 fiasco has barely died down, we have another explosion drama doing the rounds on the Internet. In the last couple of days, a Xiaomi Redmi Note 4 smartphone was allegedly seen catching fire in a video inside a

Intel brings AI to PCs with $79 Movidius Neural Compute Stick

By : CIOL Writers

Intel has launched the Movidius Neural Compute Stick, a one-of its-kind a tiny fanless USB-based deep learning device that can be used to learn AI programming at the edge. The device, geared for researchers and developers enables rapid prototyping, validation and deployment

Microsoft may invest $50-100 million in Ola’s parent company ANI Technologies

By : CIOL Writers

Microsoft is likely to invest $50-100 million (Rs 320-640 crore) in Ola’s parent company ANI Technologies, according to a Livemint report. The deal could see Ola switch to Microsoft’s Azure cloud platform instead of Amazon Web Services(AWS). Microsoft’s move comes at a

Google CEO Sundar Pichai is joining Alphabet’s board of directors

By : CIOL Writers

Google CEO Sundar Pichai has joined parent company Alphabet’s board of directors, according to an announcement by Alphabet. Pichai becomes the 13th member of the Alphabet board that includes co-founder Sergey Brin, former CEO Eric Schmidt, Kleiner Perkins’ John Doerr

CCI approves Vodafone-Idea merger

By : CIOL Writers

The Competition Commission of India (CCI) has approved the Vodafone and Idea Cellular merger. The two had announced $23 billion deal to create India’s largest entity in the telecom sector. Shardul Amarchand Mangaldas and Co who advised Vodafone India and

Yatra acquires corporate travel service provider Air Travel Bureau

By : CIOL Writers

Gurgaon based online travel agency and search engine, Yatra.com has acquired corporate travel service provider Air Travel Bureau(ATB) for an undisclosed amount. As a part of the deal, Yatra will be taking over all of the ATB’s debts and shares.

Paytm joins hands with lottery firm AGTech Media to set up a gaming company

By : CIOL Writers

Paytm, the Indian electronic payment and e-commerce company run by One97 Communications has entered into a joint venture with Hong Kong-based lottery firm AGTech Media to set up a gaming company in India. AGTech Media is a wholly-owned subsidiary of AGTech

EU’s record fine takes a toll on Google’s Q2 earnings

By : CIOL Writers

Google‘s parent company Alphabet has announced the financial results for the second quarter of the year and its clear that the EU’s record fine has taken a toll on company’s earnings that also sent it’s stock down more than 3 percent during

Microsoft Paint is ‘Here To Stay’

By : CIOL Writers

Yes, you read that right. Microsoft isn’t killing what many of us know as our first ‘brush’ with desktops and PCs. While the Internet went into overdrive after seeing Microsoft Paint in the ‘deprecated’ column of the upcoming Windows 10 Fall

India says NO to self-driving cars

By : CIOL Writers

While the tech companies are competing against each other to perfect self-driving technology with trials across the world, looks like one of the world’s fastest growing markets- India isn’t interested in the technology at all. Driverless cars will not be allowed

Google launches Play Protect to keep your devices safe from malicious apps

By : CIOL Writers

At this year’s Google IO Developer conference in May, Google talked about a number of security related tools to make the Android OS safer. Now walking the talk, the search engine company has launched Google Play Protect, a new security

Lyft too joins the self-driving car race

By : CIOL Writers

Ride hailing startup Lyft has announced that it is creating its own self-driving car division that would compete with Uber. The company would soon open a facility in Palo Alto, California that would be staffed by “several hundred” engineers who

Grab raises $2B from China’s Didi and SoftBank to take on Uber

By : CIOL Writers

Earlier this month there were reports about Grab raising nearly $2 billion from China’s Didi Chuxing and SoftBank. The deal has finally happened. The Singapore-based company has secured $2 billion and is expecting to raise an additional $500 million from existing and

Internet bug bounty program receives $300K from Facebook, Ford Foundation

By : CIOL Writers

The Internet Bug Bounty(IBB) program has received donations of $100,000 each from Facebook, Github and Ford Foundation that will be used to reward hackers for making the internet a more secure public domain, and allowing the IBB to expand the

ToneTag selected for Mastercard Start Path program

By : CIOL Writers

Sound based proximity payment technology provider, ToneTag has been recently selected to participate in the Mastercard Start Path virtual mentorship program. Mastercard Start Path is the company’s global effort to support startups who are reshaping the future of commerce. Following the

A new ready-to-attack version of banking Trojan NukeBot is spotted

By : CIOL Writers

Kaspersky Lab has detected NukeBot – a new malware which has been designed to steal the credentials of online banking customers. Earlier versions of the Trojan were known to the security industry as TinyNuke, but lacked the features necessary to

Uber’s bike-sharing service UberMOTO launched in Noida, Ghaziabad

By : CIOL Writers

After a year of operations in India, Uber‘s bike sharing service- UberMOTO is now available in total seven cities with the company launching operations in Noida and Ghaziabad last Friday. With the launch, the company said it has completed ‘NCR encirclement’ –

Axis Bank’s accelerator program boosting innovative fintech, AI startups

BANGALORE, INDIA: Axis Bank has announced the completion of the first cohort of its startup Accelerator Program at its innovation lab,’Thought Factory’, in Bangalore. The bank might explore some of the novel solutions around Payments, Investments and Credit which are developed by the startups

Amazon joins the fray with $70-$80mn bid to acquire FreeCharge

By : CIOL Writers

Joining the long list of potential buyers like Axis Bank, MobiKwik, Paytm, Bank of Baroda and Times Internet who have shown interest in buying FreeCharge, Amazon too has joined the fray with a $70-$80mn bid to acquire mobile wallet firm, according