Google CEO Sundar Pichai's India visit: Likely announcements

January 4, 2017

New Delhi, Jan 4: Google CEO Sundar Pichai is all set to address domestic technology market with a focus on small and medium businesses on Wednesday.

googleUnion Minister for Information Technology Ravi Shankar Prasad will join Pichai and other senior leaders from Google, which is expected to begin at 11 am.

At the event, Pichai is expected to make announcements regarding the company's new initiatives aimed at helping the digital operations of small and medium business enterprises.

"Small and medium businesses are the backbone of the Indian economy and are powering the next wave of the country's growth. At Google, we are excited about partnering with businesses to help them unlock exponential growth through the power of digital," Google said in an invitation.

The invite for the event hints that it will also be attended by entrepreneurs and businessmen.

"We invite you to join senior leaders from Google, the industry and business owners like yourselves, as we shine the spotlight on the Indian SMB ecosystem and delve into how digital can be a game changer for your business," the notes on the invite read.

Google has been aggressively focussing on the Indian market over the last few years. With products like Google for Business and a new Cloud region, the company is betting big on tapping into the multi-million dollar opportunity in India. Its products compete with those from the stables of global giants like Microsoft and Amazon Web Services.

Seven Indian startups recently joined the third batch of Google “Launchpad Accelerator” — a platform which brings together mentors and experts from Google and outside to help the startups see success — along with startups from other countries.

Over the last one year, 13 Indian startups have participated in the programme and some of them have successfully raised funding.

Pichai, who is on his first official trip to India after taking over as Google CEO, will visit his alma mater, Indian Institute of Technology, Kharagpur on Thursday morning.

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Agencies
June 26,2020

Facebook will introduce a new notification screen on its platform that will warn users if the article they are about to share is over 90 days old, the company announced on Thursday.

“We’re starting to globally roll out a notification screen that will let people know when news articles they are about to share are more than 90 days old,” Facebook wrote in a blog post.

The social media platform had previously introduced a context button in 2018 that provides information about the sources of articles in the News Feed. Building upon that, the new feature will inform users about the timeliness of the article.

“To ensure people have the context they need to make informed decisions about what to share on Facebook, the notification screen will appear when people click the share button on articles older than 90 days, but will allow people to continue sharing if they decide an article is still relevant,” Facebook said.

The social media giant stated that timeliness is important in understanding the context of an article and curbing the spread of misinformation on the platform.

“News publishers, in particular, have expressed concerns about older stories being shared on social media as current news, which can misconstrue the state of current events. Some news publishers have already taken steps to address this on their own websites by prominently labelling older articles to prevent outdated news from being used in misleading ways,” Facebook added.

Apart from this, the platform will also be testing a similar notification screen for information related to the global Covid-19 pandemic. The notification screen will provide information about the source of the link shared in a post if the link is related to information on Covid-19. It will also direct people to its previously introduced Covid-19 information centre for “authoritative” health information, it said.

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Agencies
July 2,2020

Paris, Jul 2: Several interacting exoplanets have already been spotted by satellites. But a new breakthrough has been achieved with, for the first time, the detection directly from the ground of an extrasolar system of this type.

An international collaboration including CNRS researchers has discovered an unusual planetary system, dubbed WASP-148, using the French instrument SOPHIE at the Observatoire de Haute-Provence (CNRS/Aix-Marseille Universite).

The scientists analysed the star's motion and concluded that it hosted two planets, WASP-148b and WASP-148c. The observations showed that the two planets were strongly interacting, which was confirmed from other data.

Whereas the first planet, WASP-148b, orbits its star in nearly nine days, the second one, WASP-148c, takes four times longer. This ratio between the orbital periods implies that the WASP-148 system is close to resonance, meaning that there is enhanced gravitational interaction between the two planets. And it turns out that the astronomers did indeed detect variations in the orbital periods of the planets.

While a single planet, uninfluenced by a second one, would move with a constant period, WASP-148b and WASP-148c undergo acceleration and deceleration that provides evidence of their interaction.

The study will shortly be published in the journal Astronomy & Astrophysics.

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Agencies
June 12,2020

Mumbai, Jun 12: Following an overwhelming response for the mega rights issue of Mukesh Ambani-owned Reliance Industries, the partly paid-up rights shares are set to debut on stock exchanges on June 15.

The biggest ever Rs 53,124 crore rights issue was subscribed 1.59 times and received bids worth Rs 84,000 crore on June 3.

Reliance said the rights issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.

In 2019, Ambani said in the Reliance's annual general meeting that the company will be net zero debt by March 2021. The company is on course to achieve its target ahead of the deadline.

"In spite of the COVID-19 crisis and the lockdowns, the due-diligence by Saudi Aramco for the planned investment in the O2C business is on track as both the parties are committed and actively engaged," he said recently.

"With a strong visibility to these equity infusions, Reliance is set to achieve net zero debt status ahead of its own aggressive timeline. We believe rights issue was a part of the company's strategy of deleveraging its balance sheet," said Ambani. 

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