Tag Archives: as

As the Internet turns 30, is it an ‘out-of-control monster’?

MEYRIN, Switzerland: Thirty years ago this month, a young British physician working at a lab near Geneva invented a system for scientists to share information that would ultimately change humanity. But three decades after he invented the World Wide Web, Tim Berners-Lee has warned that his creation has been “hijacked by crooks” that may spell its destruction. Berner-Lee’s old office ... Read More »

Arun Mehta assumes office as principal secy finance

Arun Kumar Mehta Friday assumed office as principal secretary finance as he formally took over the charge from outgoing Navin K Choudhary, now principal secretary industries and commerce. According to an official spokesperson, senior functionaries of finance and allied departments were present on the occasion which was followed by an introductory cum review meeting. Navin Choudhary gave the new principal ... Read More »

Victoria’s Secret to close 53 stores as poor Christmas sales bite

Victoria’s Secret is closing 53 stores in North America.  L Brands Inc., owner of the lingerie chain, announced Wednesday plans to close about 53 Victoria’s Secrets in North America this year, more than three times the 15 it’s historically closed down in an average year. Victoria’s Secret square footage in North America will drop by about 3 per cent, it ... Read More »

Nike Pitches Yoga as Fitness Tool, Not Lifestyle, With New Line

Nike Inc. wants you to do yoga, but not at the expense of all those miles you run. The athletic-wear brand is releasing a new apparel collection created specifically for yoga, including its first ever men’s yoga line. Nike’s enlisting a group of professional athletes to push the yoga-specific T-shirts, shorts and leggings, which hits stores globally this month. Nike ... Read More »

Lenovo Posts First Quarter Profit as Recovery Continues

Chinese technology giant Lenovo Thursday recorded a sharp rise in first-quarter net profit as the company’s turnaround gathered pace. The PC maker posted a $77 million (roughly Rs. 541 crores) net profit in the quarter to June 30 – up from a $72 million loss in the same period last year. “The Group remains confident in its core PC business, and aims to ... Read More »

Nokia 6.1 Plus India Launch Expected on August 21 as HMD Global Sends Invites

HIGHLIGHTS HMD Global has sent out media invites for an event in India New Nokia smartphone expected at August 21 event Nokia 6.1 Plus may get unveiled in India Nokia 6.1 Plus, the global variant of Nokia X6 that was launched in China in May, is expected to launch in India on August 21. Nokia licensee HMD Global has sent out media invites ... Read More »

Apple 2018 iPhone Names Tipped as iPhone 9, iPhone XS, iPhone XS Plus; Hands-on Video Surfaces

HIGHLIGHTS Apple is expected to launch three new iPhones this year There is expected to be an LCD variant which may be called iPhone 9 The other two will be called iPhone XS and iPhone XS Plus Apple is expected to launch three new iPhones this year – one iPhone X successor with an OLED display, one 6.5-inch most premium variant with OLED ... Read More »

Apple Looking to Get in LG Display as Second Supplier for iPhone 2018 OLED Panels: Report

HIGHLIGHTS Samsung is currently the sole supplier for iPhone OLED panels The move might end up reducing costs for Apple Initially only about 2-4 million units are expected to be shipped Rumours in the past have suggested that Apple is planning to launch three new iPhone variants as part of its annual refresh coming up in September 2018. Two of the models are expected ... Read More »

Xiaomi Lowers Target as It Kicks Off IPO

Chinese smartphone maker Xiaomi kicked off its initial public offering Thursday but the firm is likely to pull in about $6.1 billion (roughly Rs. 41,600 crores), far less than originally expected, with investors having mixed views about its main business. Xiaomi had hoped to raise $10 billion (roughly Rs. 68,000 crores) with the Hong Kong IPO, making it the biggest since Alibaba’s $25 billion ... Read More »

Sport NZ launches review into athlete welfare as cycling, football scandals emerge

Sport NZ is reviewing integrity in sport including match fixing, doping, corruption and athlete duty of care. Sport NZ is examining whether national sporting bodies are failing in their duty of care to athletes as Cycling NZ and NZ Football grapple with allegations of bullying, intimidation and inappropriate behaviour in its elite programmes. The national governing body has commissioned top sports lawyer Stephen ... Read More »