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Amazon Makes $80 Million Offer to Freecharge

Amazon Makes $80 Million Offer to Freecharge

Amazon, the online e-commerce major, has made a delayed offer for FreeCharge. FreeCharge is the digital transactions platform possessed by Snapdeal, the concerned e-commerce marketplace. This offer from Amazon comes at a time when the Gurgaon-based firm is also in talks to trade its transactions unit to Axis Bank and Airtel Money, the mobile wallet of telecom operator Bharti Airtel. ...

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96% Indians at Risk While Utilizing Public Wi-Fi

96% Indians at Risk While Utilizing Public Wi-Fi

An enormous 96% of Indian users put personal data at jeopardy at the time of using public Wi-Fi for sharing personal videos and photos as well as checking bank accounts. This data was published in a report by Symantec and Norton last week. As per the “Norton Wi-Fi Risk Report 2017” by Symantec, users are not able to refuse to ...

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Alibaba’s Data Platform to Unlock Doors to More Income

Alibaba’s Data Platform to Unlock Doors to More Income

Alibaba, the online commerce major whose headquarter is located in China, is looking to control information from its various users. This include Paytm, its India investee firm, to unlock new income channels. The firm that lately rolled out Uni Marketing, its information-driven platform for mobile ad placement, had declared a joint venture with Publicis Groupe, the advertising giant of France. ...

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Urban Ladder Plans To Invest $10 Million to Develop More Offline Stores

Urban Ladder Plans To Invest $10 Million to Develop More Offline Stores

Urban Ladder, the online furniture retailer, which unlocked its first brick and mortar offline store in Bengaluru last week, plans to spend $10 Million over the upcoming 12–18 Months to install more offline stores in various formats all across the nation. Estabished 5 Years back as a clean e-commerce play, the firm modified its positioning in 2017 after a straggler ...

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Samsung Electronics Records Profit for Quarter 2 as Memory Costs Rises

Samsung Electronics Records Profit for Quarter 2 as Memory Costs Rises

Samsung Electronics Co. Ltd. this week claimed that its operating profit for quarter 2 probably grew 72% to a new record from a year earlier. This resulted in beating experts’ estimates, as strong memory chip costs assisted to widen the margins. The global memory chip leader and Apple Inc. smartphone rival claimed that operating profit for quarter 2 was probably ...

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Mobile Data Tariff to Lower To Rs 50 per GB

Mobile Data Tariff to Lower To Rs 50 per GB

Indian users will be giving not over Rs 50 per GB for mobile Internet data by the end of 2020. On the other hand, till last year, the standard Indian mobile Internet data user was giving Rs 228 per GB on an average. In a scene where cost per GB reduces to Rs 50, the LTE data utilization might elevate ...

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Lunar Robots Tested On Mount Etna

Lunar Robots Tested On Mount Etna

Imagine a robot wanders across a windswept, rocky landscape that appears like the exterior of some far-away planet. Does it depict you a scene from a Sci-Fi movie? This is happening in reality. But put some break on your thoughts. All of this scenario is not taking place in outer space. Instead it is occurring on the hills of most ...

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Railways to Set up Flap Gates at Stations

Railways to Set up Flap Gates at Stations

The Railways, similar to that of the Metros, will set up mechanical flap gates at stations integrated bar code scanners. This will be done to ease the stress on ticket collectors and examiners as well as smooth the progress of faster ticket checking. To start with, the access control network, already functional in Delhi and Kolkata Metro services, will be ...

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Micron Predicts Strong Quarter on Mobile and Cloud Demand

Micron Predicts Strong Quarter on Mobile and Cloud Demand

Micron Technology Inc. calculated revenue and profit better than expected for the on-going quarter as it benefits from enhanced costs of memory chips in the middle of tight supply, paired with demand from smartphone manufacturers and cloud-services providers. The shares of the company, already up almost by 44% in 2017, were slightly up after the announcement last week. “We anticipate ...

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