7 reasons why countries should legalize cryptocurrencies

Vishal Gupta Bitcoin’s popularity and surge in usage has not been without cons. However, some countries took it upon themselves to ban the new age currency. For example, in Vietnam, Bitcoin can be used freely by citizens but credit institutions

Uber hires ex-PepsiCo lawyer Tony West as its new Chief Legal Officer

By : CIOL Writers

Uber has acquired the services of Tony West at the ride-hailing firm to battle against the series of investigations by the US government and a major lawsuit from one of its rivals. West was previously serving as the general counsel

Amazon to add audible support to its cheapest Kindle

By : CIOL Writers

Because not everyone likes to ‘read’ books, some actually prefer listening, Amazon is adding ‘Audible’ support for its cheapest Kindle. Based on its listing (as found by The Digital Reader), Amazon’s basic Kindle e-readers will be getting support for Audible “in the coming months.” This will

Alphabet beats estimates yet again, thanks to booming advertising business

By : CIOL Writers

Alphabet reported strong third-quarter sales and earnings that topped analysts’ expectations courtesy strong growth in mobile search, programmatic advertising and smartphone use. Alphabet‘s shares were up nearly 3 percent at $1,020 in after-hours trading. Third-quarter revenue for Alphabet, the parent company of

Amazon’s shares soar as it posts strong third-quarter earnings

By : CIOL Writers

Amazon has announced its third-quarter earnings which surpassed the Wall Street expectations yet again. The e-commerce giant announced that its sales have increased by 34 percent during the third quarter to $43.7 billion. Shares also increased by more than 7

Microsoft beats Wall Street expectations on strong cloud performance

By : CIOL Writers

Microsoft posted better than expected quarterly profit on Thursday on the back of strong cloud performance. While the Wall Street was expecting the company to report revenue of $23.56 billion and earnings per share of $0.72, the actual reported figures stood at $24.5

Google to roll-out software update to fix Pixel 2 issues; Unveils a slew of offers ahead of India sale

By : CIOL Writers

Google recently launched the second generation of Pixel smartphones amidst rave reviews and reception. But some early owners have raised concerns about smartphone’s OLED screen including color reproduction, and screen burn-in.  Some others have also reported clicking sounds from their Pixel 2’s speaker. Addressing all

Google redesigns Science Journal app; Now available on iOS too

By : CIOL Writers

Google has announced that it is bringing some changes to the Science Journal app, which was launched last year to let kids perform science experiments using only a smartphone. The updated Science Journal app will have an open-ended approach, allowing

SAP opens Leonardo Center in Bangalore to help in customers’ digital innovation journey

BANGALORE, INDIA: SAP opened APJ’s first SAP Leonardo Center in Bangalore today. SAP Leonardo Centers are a global network of connected, physical locations that are the go-to places for digital inspiration and co-innovation, while also being the delivery mechanism of

HPE brings AI platforms, services to help deep learning deployments

BANGALORE, INDIA: Hewlett Packard Enterprise (HPE) today announced new purpose-built platforms and services capabilities to help companies simplify the adoption of Artificial Intelligence, with an initial focus on deep learning. Deep learning is typically implemented for challenging tasks such as

Tesla fires hundreds of employees from its SolarCity unit: Report

By : CIOL Writers

After firing thousands of employees from its motor vehicle division, Tesla has reportedly fired more employees from its SolarCity division, according to a report from CNBC. Tesla says that the firings are part of a normal performance review, but a

Grab hires former Google employee Theo Vassilakis as CTO

By : CIOL Writers

Uber’s biggest rival in Southeast Asia- Grab Technologies has finally found its Chief Technology Officer (CTO). The company introduced Theo Vasiilakis, a former Google employee who also worked for Microsoft as CTO. Vassilakis is the third CTO for Grab after Wei

Amazon announces revamped Kindle app with improved Goodreads integration and more

By : CIOL Writers

Amazon has announced an all-new Kindle app that makes it easier to turn your phone or tablet into a book—so you can read anytime, anywhere. The revamped Kindle app is designed to provide easy access to the most popular Kindle

Apple buys Kiwi wireless charging company PowerbyProxi

By : CIOL Writers

Apple has acquired New Zealand-based wireless charging company, PowerbyProxi for an undisclosed sum. The acquisition was first reported by New Zealand based news site Stuff.co.nz. The company founded by Auckland University student Fady Mishriki in 2007, specializes in small, Qi standard-compliant

iPhone X pre-orders to start from October 27

By : CIOL Writers

Apple has confirmed that its tenth anniversary special, iPhone X will be available to pre-order from October 27 in India along with many other countries including Australia, China, France, Germany, Hong Kong, Japan, Russia, the UK, and the US, among

Cisco is acquiring BroadSoft for $1.9B in big software push

By : CIOL Writers

Cisco is acquiring BroadSoft for $1.9 billion, the company announced on Monday. Cisco will pay $55 per share, in cash, in exchange for each share of BroadSoft, or an aggregate purchase price of approximately $1.9 billion net of cash, assuming fully diluted shares including conversion of debt. The

Accenture joins ‘Partnership on AI’ to unlock the power of AI tech

USA: Accenture has joined other industry leaders who share its commitment to advancing the field of AI so that it benefits people and society. Founded in 2016, Partnership on AI is an alliance of businesses, researchers, academics and policy makers

Amazon pumps in Rs 260cr into Amazon Pay

By : CIOL Writers

In a bid to take on take on Flipkart’s PhonePe and Paytm, Amazon has pumped in another Rs 260 crores in its payment arm, Amazon Pay. According to the Economic Times, the e-retailer bagged the investment from Singapore-based Amazon Corporate Holdings

Samsung’s SmartThings Cloud brings all IoT devices together

By : CIOL Writers

Samsung is combining all Internet of Things devices by uniting them under one roof called SmartThings Cloud. the platform unites existing Samsung IoT services like SmartThings, Samsung Connect, ARTIK, and Harman Ignite. Samsung says that SmartThings Cloud will provide “a single, powerful cloud-based hub,”

Dimension Data and Cisco guide organizations with a ransomware defence framework

BANGALORE, INDIA: Ransomware is one of the main threats to digital business. Globally, around 49 percent of businesses experienced at least one cyber ransom attack in 2016, and of those, 39 percent were ransomware attacks, according to a Cisco report.