Future

MoboMoney Partners ToneTag for Contactless Payments Using Sound

Tech Mahindra announced its tie-up with Bengaluru-based contactless payments solution provider ToneTag on Thursday. ToneTag’s patented technology will be integrated into the MoboMoney mobile application, its commercial NFC-enabled digital wallet, and made available to Android users on Google Play, the company said. ToneTag’s software development kit (SDK) allows offline, contactless and secure payments using sound as well as NFC, depending ... Read More »

LinkedIn Reports Strong Results on Hiring Software; Posts Weak Forecast

LinkedIn shares plunged as much as 28 percent in after-hours trading Thursday after the company reported better-than-expected results for the fourth quarter but provided a weak forecast for 2016. The professional networking service’s adjusted earnings and revenue beat Wall Street’s estimates for the last three months of 2015, thanks to strong demand for its hiring and recruiting software. But it ... Read More »

Prasar Bharti Pushes for TV Content on Mobiles

Prasar Bharati and the Information and Broadcasting ministry Thursday appeared to have a different approach on creation of a suitable technology “ecosystem” that can bring the TV content of the public broadcaster directly on mobile phones. Participating at an event, Prasar Bharati CEO Jawhar Sircar lamented that despite the public broadcasters’ efforts for over two years, the necessary conditions could ... Read More »

Swachh Bharat Mission to Get Its Own App

The Urban Development Ministry announced on Thursday that it would launch a mobile app for citizens to post their complaints about garbage pile-up in their areas and seek timely redressal of their grievances. Named ‘Swachh City Solutions’, the proposed mobile and Web-based application will be developed in partnership with Bengaluru-based NGO ‘Janaagraha’ Centre for Citizenship and Democracy, to ensure timely ... Read More »

Kenya Taxi Rivalry Turns Violent Over Uber

When driver service Uber launched in Kenya’s tech-savvy capital, it was eagerly welcomed by many in Nairobi. But the taxi app has faced a violent backlash from traditional cab drivers angry at the new competition, with Uber drivers and cars attacked. “A car came in front of me, blocked my access from the exit. A few guys came out and ... Read More »

Raghuram Rajan Says MNCs Too Are Responsible for Tax Rows

Mumbai: Blaming multinational corporations squarely for tax controversies, Reserve Bank of India Governor Raghuram Rajan on Thursday said their indulgence in avoidance and evasion results in prolonged legal battles. Addressing the issue of tax havens, Rajan wondered aloud as to what makes a bulk of intellectual property reside in Cayman Islands, quipping that no one has seen scientists in so ... Read More »

Tata Steel Edges Higher Despite Big Q3 Loss

Tata Steel took a one-time charge of Rs 711 crore on its European operations Tata Steel shares recovered, after falling 4 per cent on Friday, on hopes that the government would take steps to curb cheap imports in a bid to protect domestic steel manufacturers. Mumbai-headquartered Tata Steel had posted a net loss of Rs 2,127 crore in the December ... Read More »

Barbie, Now In Tall, Short And Curvy

Barbie’s latest makeover began in a big way last year, when Mattel released a broad assortment of dolls in a greater number of skin tones, eye colors and even facial structures as part of its Fashionistas line. When it comes to Barbie’s body, it will no longer be one size fits all. On Thursday, Mattel unveiled curvy, petite and tall ... Read More »

Scientists Have Discovered What Causes Resting Bitch Face

Queen Elizabeth has it. So does fashion designer Victoria Beckham. And actress Kristen Stewart — poor thing, she’s practically the poster girl. Among the slew of pop culture icons said to be afflicted with so-called Resting Bitch Face (alternatively known as Bitchy Resting Face), the vast majority are women, though Kanye West is among the male examples. All of them ... Read More »

Google Fiber Initiative Launched to Give Free Internet to the Poor

Google Fiber says it’s going to give away its high speed Internet service to thousands of low-income Americans across the country who can’t afford gigabit broadband. Starting with its Kansas City market, Google Fiber eventually plans to wire “select” public housing buildings in all of the cities where it operates, the company said. Service will be switched on Wednesday for ... Read More »