TODAY TECH NEWS HIGHLIGHTS-02 MAR 2018








1. Facebook Inc Chief Executive Officer Mark Zuckerberg sold nearly $500 million in the company's shares in February to fund his philanthropic investment vehicle.

2. Former telecom regulator Rahul Khullar has waded into the raging controversy over new rules on predatory pricing, saying they are one-sided and not fair.

3. A transit agency in Silicon Valley set up six cameras to count how many buses carrying Apple and Google and other tech employees are using its roads after the companies refused to share that information.

4. Twitter on Thursday asked for outside help assessing the health of its world of rapid-fire commentary in the hope of finding cures for trolls, bots, echo chambers and other ills.

5. From 5G trials to resolving business issues of telecom operators, the government is working to connect all the dots to ensure that India does not miss the 5G services bus, telecom minister Manoj Sinha said.

6. German computer chip maker Infineon said Friday it is teaming up with China's biggest car maker, SAIC Motor Corporation, to produce power modules for the Chinese electric car market, the world's biggest.

7. Blizzard took to Twitter to tease what could be a release of the popular role-playing game for Nintendo's console. The official Blizzard account tweeted a short video of a Diablo nightlight being switched on and off repeatedly.

8. 10 years after he co-founded Zomato, Pankaj Chaddah has hung his boots at the food technology firm in what is the first of its kind instance of a founder leaving a unicorn startup in recent times.

9. Japan's 16 government-registered cryptocurrency exchanges will set up a self-regulatory body to bolster trust in an industry rocked by a $530 million digital money heist in January.

10. A group of investors in eyewear solutions company Lenskart Solutions are undertaking a secondary transaction that is estimated to value the Faridabad-based company at about Rs 3,000 crore.

11. The latest ad campaign released by Apple takes on Android phones with a slew of short videos urging consumers to switch from Android to iOS. The series of four ads highlight a few features of iOS that are better than what Android has to offer. These range from security to recycling among others.

12. Aircel, the troubled mobile phone operator that has filed for bankruptcy protection, is in talks with investors for strategic financing and is negotiating with Bharti Airtel and Reliance Jio Infocomm for intra-circle roaming pacts.

13. Facebook apologized on Thursday for censoring the prehistoric "Venus of Willendorf" figurine, considered a masterpiece of the paleolithic era.

14. Equifax said on Thursday that an additional 2.4 million Americans were impacted by last year's data breach, however these newly disclosed consumers had significantly less personal information stolen.

15. Flipkart Internet, which runs the company’s retail platform, has received an infusion of Rs 370 crore from its Singapore company Flipkart Marketplace.

16. Wipro said it would pay $8.83 million for a 33% stake in application security company Denim Group, to boost its cybersecurity offerings to clients.

17. It appears that Battlefield V is the next game in the long-running Battlefield series, not the previously rumoured Battlefield: Bad Company 3. The game will, much like last year's Call of Duty: World War 2, be set in World War 2.

18. Cross-platform instant messaging and voice over IP (VoIP) application Viber on Thursday announced the biggest group chat - Viber Community, with group "limits" of up to one billion members, in a bid to drive more usage and bring in more users to the app.

19. Cloud storage company Box Inc's revenue forecast for the current quarter missed Wall Street estimates amid slowing growth in paid customers in the fourth quarter. The company's shares fell nearly 12 percent to $21.20 in extended trading on Wednesday.

20. Chris Barbin, CEO of Wipro’s cloud unit Appirio, has been elevated as the global culture officer of India’s third-largest IT services firm, as chief executive Abidali Neemuchwala looks to transform the company amid technology shifts and grow business faster.






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