Shoppers Stop allots Rs 179.26-cr shares to Amazon

Jan 13 2018

Shoppers Stop said it has allotted 5 per shares worth Rs 179.26 cr to Amazon.Com NV Investment Holdings LLC, an investment arm of Amazon.Com.

Jeff Bezos donates $33 mn to fund undocumented college students

Jan 13 2018

Jeff Bezos and his wife, MacKenzie, are donating $33 million in scholarship to fund 1,000 undocumented immigrant students, a scholarship fund has announced.

Airtel ties up with Amazon to offer free Prime subscription

Jan 12 2018

Bharti Airtel said it has tied up with e-commerce platform Amazon India to offer one year subscription of Amazon Prime free of cost to its postpaid subscribers.

Apple HomePod will be ready for release in few weeks: Report

Jan 12 2018

:After facing a significant delay, Apple's smart hi-fi speaker HomePod will be ready for release in the next 4-6 weeks and compete with Amazon's smart speaker Echo.

Cloud companies consider Intel rivals after security flaws found

Jan 10 2018

Intel Corp’s data center customers are exploring using microchips from rivals to build new infrastructure after the discovery of security flaws affecting most chips.

Facebook may soon launch home video chat product titled "Portal"

Jan 10 2018

Facebook is planning to launch a home video chat product titled "Portal" in May that will compete with Amazon's Echo Show and Google Assistant-enabled touchscreens.

Arianespace expects record number of launches for 2018

Jan 09 2018

Arianespace, facing competition from newcomers, expects a record number of launches this year, which it said should stand it in good stead for strong future growth.

Google sold one Home smart speaker every second since October

Jan 06 2018

Google sold over one Home smart speaker every second since it started shipping in mid-Oct, taking the sales numbers to over 6 mn, the company announced.

Businesses cautious in installing patches to fix chip flaw

Jan 06 2018

“If you start applying patches across your whole fleet without doing proper testing, you could cause systems to crash," said Johnson.

Intel says performance impact of security updates not significant

Jan 05 2018

Intel said fixes for security issues in its microchips would not slow down computers, rebuffing concerns that flaws found in microprocessors would reduce performance.

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