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Knowledge Update

IMF, World Bank call for inclusive globalisation

Washington, Oct 7 (IANS) International Monetary Fund (IMF) and World Bank leaders have called for measures to promote inclusive growth and resist anti-trade sentiments.

"Globalisation has worked over the years, that it has delivered great benefits to many people. We do not think that it is time to push against it," Xinhua news agency quoted IMF

Apple's $120 mn patent win against Samsung reinstated

​New York, Oct 8 (IANS) There is more bad news for Samsung. The company lost some ground following incidents of the Galaxy Note 7 battery exploding, and now a US court has reinstated its decision that Samsung had infringed on Apple's patents and owes the company nearly $120 million.

Samsung acquires AI startup to enhance virtual assistant experience

​Seoul, Oct 7 (IANS) With the aim to bolster its virtual personal assistants to deliver an Artificial Intelligence (AI)-based ecosystem across its devices and services, Samsung Electronics has acquired Viv Labs, an AI start-up.

'BRICS Business Council looking at boosting intra-group trade'

​New Delhi, Oct 7 (IANS) The BRICS Business Council is looking into low trade volume among the five emerging economies, while recent agreements in areas like customs coopration are attempts to lower trade barriers among member-nations, the Indian government said on Friday.

Few companies willing to invest in big data: Gartner

​Mumbai, Oct 5 (IANS) Although 48 per cent of companies have invested in big data in 2016 -- up three per cent from 2015 -- those who plan to invest within the next two years fell from 31 to 25 per cent in 2016, a new Gartner survey has found.

ABB, Microsoft partner to drive digital industrial transformation

London, Oct 4 (IANS) In a bid to develop one of the worlds largest industrial cloud platforms, Swiss engineering giant and Microsoft on Tuesday announced a strategic partnership to help industrial customers create new value with digital solutions.

Connected car production to grow nearly 10-fold in five years: Gartner

​Mumbai, Oct 1 (IANS) Global connected car production is set to grow almost 10-fold in five years - from 6.8 million in 2015 to 61 million in 2020, according to the latest forecast by research and advisory firm Gartner.

Dove launches baby care products

Mumbai, Oct 4 (IANS) Beauty brand Dove on Tuesday marked its entry in the baby care category by announcing the launch of Baby Dove in India.

Actress Genelia Deshmukh and TV show host Tara Sharma unveiled the product range here.

Are Google Glass, Note 7 tech failures of recent times?

​New Delhi, Sep 28 (IANS) As we enter a technology era where Next-Gen devices are launched every single day, some are bound to fail as they don't connect with consumers -- while a few will be remembered as being ahead of their time. So what exactly went wrong with two recent much-hyped devices: Google Glass and Samsung Galaxy Note 7?

Apple's $45 mn facility in China to focus on hardware

Beijing, Sep 30 (IANS) Concerned over falling iPhone sales and the phenomenal rise of Chinese smartphone players, Apple has set up its first research and development centre in China with the initial investment of 100 million yuan ($15 million).