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Knowledge Update

Wipro buying Brazilian IT firm for $8.7 mn

​Bengaluru, Jan 25 (IANS) Software major Wipro Ltd on Wednesday announced acquiring Brazilian IT services provider InfoServer for $8.7 million (Rs 59 crore).

The Sao Paulo-based 20-year-old InfoServer provides custom application development and software deployment services in the Brazilian market.

Japan registers first trade surplus in six years

Tokyo, Jan 25 (IANS) Japan in 2016 recorded a trade surplus for the first time in six years, thanks to the low price of oil, according to figures released by the Japanese Finance Ministry on Wednesday.

Cisco to acquire US-based firm AppDynamics for $3.7 bn

​San Francisco, Jan 25 (IANS) To help accelerate the digital transformation of enterprises, global networking giant Cisco is set to acquire AppDynamics Inc, a US-based application performance management and IT operations analytics company, for $3.7 billion.

Bangladesh makes jute bags mandatory for packaging 11 more commodities

​Dhaka, Jan 24 (IANS) The Bangladeshi government has made jute bags mandatory for packaging of 11 more products to boost domestic use of the golden fiber, in wake of the imposition of anti-dumping duty on jute goods imported from Bangladesh by the Indian government.

Tesla to install electric car-charging stations in Australia

​Sydney, Jan 24 (IANS) US-based driverless car company Tesla along with facilities management firm Spotless Group is set to install thousands of electric car-charging stations across Australia.

'Australia to continue with TPP, despite US blow'

Canberra, Jan 24 (IANS) Australia will work with the remaining TPP nations and salvage what can be of the doomed free trade agreement after the US decision to withdraw from the deal, Trade Minister said.

Trump signs executive order to withdraw US from TPP

​Washington, Jan 24 (IANS) US President Donald Trump on Monday signed an executive order to officially withdraw US from the Trans-Pacific Partnership (TPP) trade deal.

Trump called the move "a great thing for the American workers", local media reported. "We've been talking about this for a long time," Xinhua news agency quoted Trump as

Chips, semiconductors compensate for Samsung Note 7 losses

​Seoul, Jan 24 (IANS) Thanks to its components (mainly chips) and semiconductors business, Samsung Electronics has posted an operating profit of 29.2 trillion won ($25 billion) in 2016, despite losses suffered by its mobile division due to the Galaxy Note 7 fiasco.

Sydney housing 'second most expensive' after Hong Kong

​Sydney, Jan 24 (IANS) The Australian city of Sydney was on Tuesday named the second most expensive city for housing in the world while Hong Kong was ranked as the most expensive urban centre.

China has 731 mn internet users

​Beijing, Jan 23 (IANS) China has 731 million internet users, roughly the size of Europe's population, according to a report.

China has the world's largest internet users followed by India.