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‘Personal Flying Machine’, Backed By Google Co-Founder, On Sale This Year

technology

WASHINGTON: A Silicon Valley “flying car” start-up, Kitty Hawk, reportedly backed by Google co-founder Larry Page, released a video Monday of its airborne prototype and announced plans for deliveries of a “personal flying machine” this year. “Our mission is to make the dream of personal flight a reality. We believe when everyone has access to personal flight, a new, limitless ... Read More »

Bulls ride on election outcome, Nifty closes above 9,100-mark

business

Mumbai: Riding on the outcome of the just-concluded assembly elections, key Indian equity indices zoomed to new 52-week highs and crossed their psychologically significant levels. The benchmark NSE Nifty hit a record intra-day high and closed above the 9,100-mark for the first time during the truncated week ended Friday. On Friday, the wider 51-scrip Nifty of the National Stock Exchange ... Read More »

It’s slowdown in IT hiring: Nasscom

business

Hyderabad: Writing on the wall is clear now as slowdown in hiring by technology majors looks certain. However, industry bigwigs are not explicitly admitting this. Nasscom attributes surging levels of automation and efficiency to hiring slowdown.  The convergence of information, communication and technology (ICT) coupled with surging IoT (Internet of Things) are expected to drive the talent hiring pattern in ... Read More »

India’s IT industry Agrees It Faces Twin Challenges

business

MUMBAI: Automation and the new U.S. administration were the big unknowns at the tech sector’s annual shindig this week, with machines threatening to take away thousands of jobs and concerns over possible visa rule changes in the key American market. But senior executives from the $150 billion industry, which rose to prominence at the turn of the century by helping ... Read More »

Donald Trump Under Fire For Saying He Respects ‘Killer’ Vladimir Putin

internationl

PALM BEACH: President Donald Trump drew fire from Republicans and Democrats alike on Sunday, after he defended a softer stance on Russia, playing down political assassinations and Moscow’s invasion of Ukraine. Trump — now two weeks into his four-year term — showed no signs of yielding to demands from within his own Republican Party to distance himself from President Vladimir ... Read More »

Uber Strikes Deal With Daimler to Add Self-Driving Mercedes-Benz to Fleet

technology

Uber Technologies Inc has signed another deal with a major automaker as the popular ride service accelerates efforts to build out one of the world’s first fleets of autonomous vehicles. Uber on Tuesday announced a partnership with Germany’s Daimler AG, maker of the luxury Mercedes-Benz cars and trucks. In the coming years, Daimler plans to incorporate its own self-driving Mercedes-Benz into ... Read More »

Google’s Sundar Pichai Criticises Donald Trump’s Immigration Order

TECHNOLOGY

SAN FRANCISCO: Google’s India-born CEO Sundar Pichai today criticised US President Donald Trump’s controversial immigration order against people from seven Muslim-majority countries, saying it will create “barriers” to bringing great talent to the US, as the Internet search giant ordered its travelling staff to return to America. In an email to staff, Mr Pichai said that the ban on foreign ... Read More »