Technology and Innovation News Updates

The Secret to Getting People to Actually Come to Your Party

Thursday, November 2 2017

The Secret to Getting People to Actually Come to Your Party

The Secret to Getting People to Actually Come to Your Party Patrick Allan, Gawker Media Nov 2, 2017, 08.36 PM IST You talked about your plans with your friends face to face, you made a Facebook event page and invited them-but people still seem to flake out on you. What gives? Well, you're still not making it easy enough for them. I have a friend who is really good at organizing friendly gatherings that people always show up to. Like, really good . Whether it's a party, a hike, a dinner, a vacation, or just a day at the beach, when he puts something together, everybody is on board. These are the two essential tips I've learned from him over the years. Over-Plan Everything People are lazy, and busy. If your event requires them to do any sort of work-even something as simple as making a decision-their interest will wane. So, you need to do almost everything for them before you even invite them. That means deciding on a location, a time, and the activity, as well as giving them all they information they need right from the start. Advertisement Don't give people options or ask them questions about their preferences, just present them with an activity they can only say "yes" or "no" to. Then, you want to give them so much information about said activity that the only thing they have to do is show up and have a good time. The less they have to try, the more likely it is they are to commit. Never Stop Hosting Okay, you got people to show up this time, but you need to show them a fun, easy time so they'll also want to show up next time. You can do this by continuing to host, help, and provide information after people have already arrived. Be the one to provide guidance, do the shit work, and encourage people to have a good time. Once you give up trying, so will they. An Example The best way I can explain this is through an example. When my friend plans a beach day, this is what he does: Decides on a day and time. This only ever shifts if a majority of people invited suggest another day and time that seems to work better for all involved. Decides on a beach, then notes why he chose that beach over others. He shares those notes later so the conversation never shifts to "But what about this other beach..." Creates a Facebook event, then adds directions, helpful links, and lists his phone number with a "Don't hesitate to call me if you need something" type message. Sends out invites, often via text message and the Facebook invite. He's aware that not everybody checks their Facebook everyday, and knows that some people just blow off their event tabs. He lets people know they're more than a check mark when he invites them. Sends out a reminder message a couple days before and offers help if anybody needs it. He's let me borrow a boogie board a few times, has offered to pick up food for me, given other people rides, and usually gives parking tips for the location ahead of time. He makes it hard to say no! On the day of the gathering, he makes sure to be the first one there to set up. Then he sends a map with a pin exactly where he's set up at. Once everyone is there, he does whatever it takes to make sure everyone else is having a good time. Even if it means doing something a little less fun for a while in order to help. It's a lot of work, sure, but he always succeeds at bringing people together and still has a good time when he does it. So, next time you want to get people together, over-plan and over-deliver. Make it easy for your friends to show, then take it a step further. Eventually people won't be able to say no to your invites.

November's Money Challenge: Reward Yourself (With Savings)

Thursday, November 2 2017

November's Money Challenge: Reward Yourself (With Savings)

It's November, which means it's time for another brand spanking new money challenge . This month, we want you to reward yourself-with savings, of course. Here's how it works. First, pick a goal you're working towards, whether it's writing a book or trying to stop smoking or going to the gym . Then, every time you work toward that goal and make progress, "pay" yourself a set amount of money depending on your budget. It can be a dollar; it can be twenty dollars. For example, let's say it's your goal to work out more and that means going to the gym three times a week. Every time you make it, vow to pay yourself $5. With this challenge, not only will you work on better habits, you'll also earn some extra cash in the process. (Just in time for holiday spending.) Advertisement This month's challenge is also a great way to get a head start on your New Year's resolution. And there are apps that can help with this challenge, too. For example, Tip Yourself is designed for this very purpose. When you work towards a goal, just pull out the app and "tip" yourself a few bucks. Savings app Qapital can even link with IFTTT to help make the process automatic. If you accept our challenge, tell us: What your goal is and what you plan to do daily, weekly, etc., to make that goal happen. How much you plan to pay yourself every time you work toward your goal. How much you hope to have by the end of the month. As always, we'll check back in at the end of the month. Happy saving!

Spend Your Flights Watching the Last 10 Minutes of Movies

Thursday, November 2 2017

Spend Your Flights Watching the Last 10 Minutes of Movies

Spend Your Flights Watching the Last 10 Minutes of Movies Caitlin Schneider, Gawker Media Nov 2, 2017, 10.41 PM IST Jetstar Airways/Flickr There's too much goddamn content in the world right now. I'm far from the first person to say this , and I certainly won't be the last -it's just a fact of life, and it's only getting worse. And while you surely have your own ways of coping with the unending onslaught of "premium" shows, movies, books, articles, and music, there's one trick that you might not be utilizing to its full potential: skipping right to the end. Specifically, movies. Specifically, movies you are never ever going to watch in full. Specifically, movies that are available on an airplane when you have absolutely nothing else to do so you might as well find out what happens at the conclusion of Whiskey Tango Foxtrot . Advertisement The optimal timing here is about 10 to 15 minutes before the end of the film. Let's Be Cops ? How about we just be cops for 10 minutes. Depending on how long the credits run, that should be ample space to get the denouement, and you can always adjust if it seems like you might've missed a key moment, or frankly, don't even need a full 10 minutes of Jobs. Different in-flight entertainment consoles have different players, but most will let you scrub to the end pretty easily. At worst you have to hit the 10x button and wait for a minute or two. And this isn't about ingesting as many movies as possible to keep up with the never ending stream-it's about having fun while killing time on a plane and getting a taste of something without devoting two-plus hours of your life to it. Seriously, you haven't lived until you've watched the last 10 minutes of Chef with no context for what's happening. I especially recommend doing this when you have a travel companion. You can swap picks, watch together, laugh together and then try to reason your way through any outstanding questions when it's all over. And the next time you're at a party and someone wants to know if you've seen Snatched , you'll be ready. You saw enough.

What You Need to Know Before Buying That First-Generation Smartphone

Thursday, November 2 2017

What You Need to Know Before Buying That First-Generation Smartphone

What You Need to Know Before Buying That First-Generation Smartphone Patrick Lucas Austin, Gawker Media Nov 2, 2017, 11.21 PM IST 2017 is shaping up to be a pretty remarkable year for first-generation smartphones . Android creator Andy Rubin debuted his new company's Essential Phone , which uses embedded magnets to connect to gadgets like 360-degree cameras and charging docks. Gaming accessory company Razer announced its entertainment-centric Razer Phone , the spiritual successor to another first-generation smartphone, the cloud-connected Nextbit Robin. You might be intrigued by the idea of trying out one of these brand new smartphones. But you should consider what goes into purchasing what is essentially an indie smartphone before you take the leap into untested waters. Phones with modular accessories or high-performance displays are definitely worth a look, but you should be prepared to deal with potential obstacles. First, Know What You're Getting Into When buying a first-generation smartphone from a new company, know this: you're in it for a good time, not a long time. Advertisement Phones from startups like The Essential Company and Nextbit are full of innovative ideas and new methods of interaction you probably won't see in more mainstream devices. The game-friendly Razer Phone, for example, features a display with a 120Hz refresh rate-perfect for fast-paced gaming, and unheard of in a smartphone. Unfortunately, they're also prone to losing support faster than products from more established smartphone makers for a variety of reasons. Chalk it up to poor sales (Amazon Fire Phone), mismanagement (HP Pre 3), or acquisitions from other corporations (Nextbit Robin). Every first-generation smartphone also runs the risk of being the last phone from a company. Take Nextbit's Robin, a Kickstarter project that ended with an acquisition by Razer after only making a single phone. Or Canonical's Ubuntu Edge, which never saw the light of day after reaching 40% of its $32 million crowdfunding goal. HP (via its acquisition of Palm) launched its first WebOS smartphone, the HP Pre 3 , only to discontinue the entire WebOS line of devices the very next day. If you're not the betting type, you should stick with what you know. Read the Warranty If you're buying a first-generation smartphone, there are bound to be a few kinks that haven't been worked out. Should you run into any issues with your device, your warranty is your friend. While companies like Apple have tried-and-true repair services like the accident-friendly Applecare+, newer companies lacking the same infrastructure mean you'll be mailing your smartphone in and waiting a few days rather than taking it to a retail store for a quick replacement. Advertisement And making repairs on your own is a lot more difficult than it is with a more popular phone. You can buy repair parts for popular iOS and Android devices on sites like iFixit, but parts for new phones are near-impossible to come by. If you can, spring for whatever extended warranty or insurance you can get from the device's manufacturer or your wireless carrier. The investment will spare you from worrying about how to replace a cracked screen. Take it For a Test Run While getting a first-generation smartphone is a gamble, you don't have to stick with it if you feel it's not for you. Take advantage of your retail store's or wireless carrier's return policy. If you're buying from the manufacturer itself, read the return policy fine print. Most companies offer a 14-day return policy, and a few companies and wireless carriers charge a restocking fee for the privilege. You might be out a few bucks, but at least you won't be stuck with a phone that only appeals to you because it's different. Third-Party Support Isn't Really an Option Brand new phones aren't exactly money makers for anyone besides the phone maker. That means you probably won't find many compatible accessories from popular accessory manufacturers. Don't count on walking into a Best Buy and snagging an extra case or screen protector. Your best bet is buying accessories straight from the manufacturer, the only company that cares enough to make accessories that may or may not sell well. You're Supporting Innovation (Until Support Ends) While it may feel like you're signing up to get short-changed, take solace in the fact that you're supporting innovation. Looking at it as an investment in competition is one way to spin it, both to yourself and to friends asking why you didn't buy an iPhone. After all, if no one purchased the Nextbit Robin, Razer's new game-focused smartphone would probably still be a glimmer in CEO Min-Liang Tan's eye. Advertisement Purchasing a first-generation smartphone is necessary to stimulate the spirit of competition. Diversity among competitors is one of many ways to increase the quality of products released. After all, if you're a company that's on top year after year, why bother pushing the envelope unless someone else is gaining on you?

These Are the Pests You Should Worry About This Fall and Winter

Thursday, November 2 2017

These Are the Pests You Should Worry About This Fall and Winter

These Are the Pests You Should Worry About This Fall and Winter Patrick Allan, Gawker Media Nov 3, 2017, 01.36 AM IST Photo by Mark Fowler . Pests like cockroaches, ants, mice, and mosquitoes are annoying pests, but usually only during certain months of the year. However, thanks to this year's heat waves and heavy rainfall, a lot of pests that usually go away come fall will still be around looking for a home-your home . Recently, the National Pest Management Association (NPMA) released their Bug Barometer™ forecast for the upcoming seasons , and it does not look good for those who get the heebie-jeebies from all kinds of creepy crawlies. Entomologists and pest experts are expecting a lot more pressure from most of these critters than usual. Here's a handy map from the NPMA: via NPMA Pest World . The Pacific Northwest will see increased rodent populations looking for water in residential areas due to heat and dryness. Along the West Coast and in Southwestern states we'll likely see more cockroaches, ants, spiders, and stinging insects thanks to the lasting heat, and flooding will ramp up the mosquito population. In the Midwest, the mild spring and warm summer increased rodent populations that will be seeking food and shelter come cold weather, and more rainfall will mean more earwigs and millipedes seeking higher ground indoors. To the Southeast, mosquitoes will continue to terrorize anyone with blood left in their body, and termites, in addition to ants, will be active until winter. Lastly, the Northeast is expected to see a lot of stink bugs and ladybugs, along with more insects and rodents flocking indoors to avoid the cold than usual. Ticks will also continue to be a problem until the temperatures start to drop dramatically. There's more to this than just being creeped out by bugs and rats, though. As Jim Fredericks, Ph.D., and chief entomologist and vice president of technical and regulatory affairs for the NPMA, explains , it's a matter of health: "The extended summer pest activity, combined with the high pressure expected from fall pests, will make the upcoming seasons particularly pest heavy. There's also an added health concern given that ticks, mosquitoes and rodents are all capable of transmitting diseases to humans." So prepare your homes for the upcoming invasion and stay vigilant. The more you can do now to prevent an infestation the better off you'll be come winter.

Industry Welcome India’s Improved Ease of Doing Business Ranking

Tuesday, October 31 2017

Industry Welcome India’s Improved Ease of Doing Business Ranking

Email Print While appreciating the efforts of the government for the improvement in Ease of doing business in India, Anil Khaitan, President, PHD Chamber of Commerce and Industry said that we have every potential to improve in our tedious and traditional business processes which hamper the functioning of the businesses and promotion of economy. Representatives of corporate India welcomed the robust improvement in the Ease of Doing Business rankings of India. While appreciating the efforts of the government for the improvement in Ease of doing business in India, Anil Khaitan, President, PHD Chamber of Commerce and Industry said that we have every potential to improve in our tedious and traditional business processes which hamper the functioning of the businesses and promotion of economy. Improvement at 100th level is not a surprise for us as our government was doing a lot to make it a better country to do business, said Khaitan. India’s ranking has improved from the level of 130 th in 2017 to 100 th in 2018, he said. The improvement in the eight parameters is tremendous as reforms across the board have resulted in fruitful outcomes in the starting a business, dealing with construction permits, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts and resolving insolvency, said Khaitan. The improvement in these parameters has pushed India’s ranking to the higher level. India was the only economy in South Asia to become the top improver in ease of doing business. Also, the implementation of Bankruptcy and Insolvency code , 2016 has improved the ranking of India on resolving insolvency parameter from 136 th in 2017 to 103 rd in 2018, he added. The robust reforms undertaken by the Government on the infrastructure and logistics front has improved the trading across borders. “We are proud that our country has improved more than 30 points in the Ease of Doing Business,” he said. “Going ahead, we look forward for further improvement in the Ease of Doing Business as the GST is not factored in as the cut of date for Ease of Doing Business Ranking 2018 was June 2017. We strongly believe that government will continue its serious efforts for the future improvement in Ease of Doing Business and we look forward at India’s ranking below 50 th in the coming years. We need to focus on more reforms in getting the electricity connections and registering property,” said Khaitan. Pankaj Patel , President, FICCI , said, “The focused attempt with which the Government of India has sought to improve India’s ranking in the World Bank ’s “Doing Business Rankings” has been rewarded with a significant jump in the rank from 130 to 100.” “FICCI welcomes this. The policy effort that has contributed to this has been broad-based and encompasses a range of areas including taxation, finance, legal and administrative procedures. With GST, the government has laid the foundation for a more efficient indirect tax system and likewise, with the enactment of Insolvency and Bankruptcy Code , India now has an efficient institutional mechanism for ease of exit as well. Significant steps have also been taken to simplify and speed-up the entry and starting up of businesses”, he added. “An improvement by 30 places in the rankings is significant and should boost investor confidence in doing business in India. FICCI would continue to seek policy measures and bureaucratic reform that would contribute to a sustained improvement in India’s rank. As a nation of entrepreneurs India is destined to be among the top economic powers of the world if governments continue to make it easier for businessmen and innovators to invest in India,” said Patel. “The responsibility for making it easier to do business in India is that of both the Central and State governments. Reform at the State level has become even more important”, added Patel.

We Can Be Among Top 50 in World Bank’s on Ease of Doing Business Ranking: Arun Jaitley

Wednesday, November 1 2017

We Can Be Among Top 50 in World Bank’s on Ease of Doing Business Ranking: Arun Jaitley

Email Print “In 2014, we were ranked 142, and in the last two years India has gone from 131 to 130,” Arun Jaitley said. As a good news, with India climbing over 30 places in a few years in the World Bank’s ‘Ease of Doing Business’ global rankings, getting into the top 50 countries is a distinct possibility over the short term, Finance Minister Arun Jaitley said on Tuesday. “We jumped over 30 places in three years, and as Prime Minister Narendra Modi had said about setting a target to get among the top 50… I believe it is eminently doable,” Jaitley told reporters here following the release of World Bank Group’s latest report ‘Doing Business 2018: Reforming to Create Jobs’. “In 2014, we were ranked 142, and in the last two years India has gone from 131 to 130,” he said. India for the first time has moved into the top 100 in the World Bank rankings from its 130th position last year, riding on sustained government reforms which include making tax paying easier, according to the report. “This is the highest jump any country has made in the ease of doing business rankings and is significant for India for our efforts on the 10 rankings’ criteria,” Jaitley said. “These 10 parameters are so tough that you don’t get credit for the reforms introduced till you actually see their results on the ground,” he said, adding that the World Bank’s cut-off date for considering performance is June of every year. Listing the areas which had boosted India’s ranking, Jaitley said that on “protection of minority investors” India had come up to fourth place on account of reforms like bringing in the Companies Act and setting up of the National Company Law Tribunal (NCLT). The report recognises India as one of the top 10 improvers in this year’s assessment, though the report does not take into account the Goods and Services Tax (GST) rolled out on July 1. “The biggest jump comes in the area of taxation reforms where we were ranked 172 last year and have moved up 53 places to be at 119 this year,” Jaitley said, adding that India can hope to get credit for GST in the rankings for “subsequent years”. “India made paying of taxes easier by requiring that payments are made electronically to the Employees Provident Fund and introducing a set of administrative measures for easing compliance with corporate income tax,” the report said. “India, with eight reforms, was one of this year’s top 10 improvers worldwide and the leading regional performer. This is the first year that India is in the top 100 economies globally,” it added. The Finance Minister noted that both on “ease of getting credit” and “electricity connections” India has come up to the 29th position this year. “On resolving insolvency, we were 136… then we brought in the Bankruptcy Code and now we have climbed 33 places to 103rd position,” he said. While there has been substantial progress, India still lags in areas such as starting a business, enforcing contracts and dealing with construction permits, where there is a lot of work in progress that would help improve rankings further, he added. “India has moved to 100th position as a result of a number of reforms by the government. India is moving ahead in absolute ranking as well,” Annette Dixon, Vice President, South Asia region, World Bank, told reporters earlier in the day.

PM Modi Hailed ‘Ease of Doing Business’ Rankings are Historic, Golden Opportunity for MSMEs

Wednesday, November 1 2017

PM Modi Hailed ‘Ease of Doing Business’ Rankings are Historic, Golden Opportunity for MSMEs

Email Print World Bank has recognized India in Ease of Doing Business Index, Prime Minister, Narendra Modi has termed this as a golden opportunity for Indian MSMEs. Since World Bank has recognized India’s growth story in it’s Ease of Doing Business Index , Prime Minister, Narendra Modi has termed this as a golden opportunity for Indian MSMEs . Hailing India’s historic jump of 30 ranks in the World Bank’s Doing Business Report, 2018 released, PM Modi termed the improvement in the rankings as historic. In a series of tweets, PM Modi said that the jump is the outcome of the all-round and multi-sectoral reform push of Team India. India’s rank has risen to 100 in the latest report compared to 130 in the Doing Business Report , 2017. “Historic jump in ‘Ease of Doing Business’ rankings is the outcome of the all-round & multi-sectoral reform push of Team India. Easier business environment is leading to historic opportunities for our entrepreneurs, particularly MSME sector & bringing more prosperity. Over the last 3 years we have seen a spirit of positive competition among states towards making business easier. This has been beneficial. It has never been easier to do business in India. India welcomes the world to explore economic opportunities our nation has to offer! Guided by the Mantra of ‘Reform, Perform & Transform’ we are determined to further improve our rankings & scale greater economic growth .”, the Prime Minister said.

India and Cuba to Explore Bilateral Trade and Investment Opportunities

Wednesday, November 1 2017

India and Cuba to Explore Bilateral Trade and Investment Opportunities

Email Print India has always enjoyed a good political relationship with Cuba, with India being one of the first countries to recognise the regime after the Revolution. The visit of the Commerce & Industry Minister was to leverage this age old political relationship to enhance the economic and commercial ties between the two countries. The Minister for Commerce and Industry Mr Suresh Prabhu visited Cuba from October 28 to 31 to explore opportunities to tap the huge untapped potential, for not only bilateral trade but also investment in the Latin American and Caribbean regions. It has been the strategy to pursue new markets to expand India’s trade footprint and targets to double trade with the Latam and Caricom region in the next 4 to 5 years. With the Caribbean region , India’s bilateral trade was US$ 1755 million in 2016-17, constituting only 7.16 percent of India’s trade with the Latin American and Caribbean region. India has always enjoyed a good political relationship with Cuba, with India being one of the first countries to recognise the regime after the Revolution. The visit of the Commerce & Industry Minister was to leverage this age old political relationship to enhance the economic and commercial ties between the two countries. The Minister met almost the entire top leadership in Cuba including the First Vice President Mr. Miguel Diaz-Canel Bermudez Mario , Vice President and Minister of Economic Affairs and Planning Mr. Ricardo Cabrisas Ruiz, Minister of Foreign Trade and Investment Mr. Rodrigo Malmierca Diaz , Minister of Energy and Mines Mr. Alfredo Lopez Valdes, Minister of Industries Mr. Salvador Pardo Cruz and also the President of the Cuban Chamber of Commerce. The First Vice President Mr. Miguel Diaz attached historic importance to this visit saying that ‘India has a prominent role in global dynamics” and aligned with the Minister for Commerce & Industries’ proposition of an integrated approach in multilateral organisations and environmental issues. Considering the overwhelming support and warmth in the meetings, a spontaneous decision was taken to take the next step in this econmic engagement in the form of an MoU between the Federation of Indian Exporters Organisation ( FIEO ) and the Cuban Chamber of Commerce . The MoU priorities six sectors for bilateral trade and investments. These are Pharmaceuticals, Tourism, Renewable Energy , Bio Technology, Sugar and Infrastructure development. Similar MoUs were later signed with Barbados and Guyana. Shri Prabhu also leveraged this opportubity to meet his counterpart from Haiti, Mr. Pierre Marie du Meny and the Barbados Minister of Industry, International Business, Commerce and Small Business Development, Mr. Donville Inniss. The Minister for Commerce & Industry also attended the inaugration of the 35th edition of FIHAV-2017 which saw particpation from over 70 countries. The Minister also inaugurated the Indian Pavilion in the presence of the Cuban Minister of Energy & Mines. The Minister said “FIHAV was an exhibition of goods but I exhibit the love and affection which 1.3 billion people from India have for Cuba”. Shri Prabhu also engaged with the Indian diaspora , leading businessmen from Cuba and other prominent Cuban individuals, including the daughter of President Raul Castro and the son of Comrade Fidel Castro. The Minister for Commerce & Industry also visited the Centre for Genetic Engineering and Biotechnology (CIGB) and appreciated the high research standards and advancement in medical technology that Cuba has achieved. Shri Prabhu reiterated the potential of coopertaion between the Indian Pharmaceutical Industry which is a world leader in generics and CIGB to find affordable health solutions.

EDII and HP Launch HP WoW – Mobile Bus for Digital Inclusion

Thursday, November 2 2017

EDII and HP Launch HP WoW – Mobile Bus for Digital Inclusion

Email Print The HP-WOW bus will offer a mobility solution to help bridge the digital divide between urban and rural areas by bringing easy information technology access to the isolated and disadvantaged groups in 18 villages of Ahmedabad, Gujarat. Dr. J. N. Singh , Chief Secretary, Govt. of Gujarat, inaugurated the “ HP WoW” vehicle which is a 20 seated computer and IT enabled vehicle powered by green energy and backed by numerous software suites and cloud integration. The HP-WOW bus will offer a mobility solution to help bridge the digital divide between urban and rural areas by bringing easy information technology access to the isolated and disadvantaged groups in 18 villages of Ahmedabad, Gujrat. It will also promote IT enabled education through e-learning modules, entrepreneurial and skill development courses will help train school children, rural youth and communities, among others by acting as a Community Service Center ( CSC ). With added services of Common Service Centre (CSC), it will benefit the local population for a hassle free linkage to Government programs and initiatives. Also present on the occasion were Dr. Sunil Shukla , Director – EDII and Mr. Ashish Sahay , Head, CSR- HP Inc. India . The ‘ Digital India ’ program aims at transforming India into a digitally empowered society and a knowledge economy. The Program symbolizes the vision of connecting and empowering 125 crore citizens; creating unprecedented levels of transparency and accountability in governance; and leveraging technology for quality education, health care, farming, financial inclusion and empowering citizens. One of the pillars of Digital India visions empowering citizens, especially rural populace, by making them digitally literate. This is intended to be achieved through collaborative digital platforms and by making available digital resources in their native language to ensure their participation. It will help tap into the data that will be freely available on the cloud computing platform—independent of an intervention. The “HP World on Wheels” or (HP WoW) project sponsored by (HP) Inc.; and implemented by Entrepreneurship Development Institute of India (EDII), is part of HP’s commitment to build and deploy 48 self-contained, Internet-enabled digital inclusion and learning labs in PPP model aimed at driving digital literacy, E education, Entrepreneurship training, and other citizen services in rural India. Through its fleet of 48 vehicles and collaboration with other Corporates, NPOs, Govt Programs etc, HP aims to reach 6,400 Indian villages, impacting more than 15 million people over the next six years. In the current partnership with EDII, HP has contributed total of 5 vehicles across Gujarat, Madhya Pradesh, Orissa, Uttar Pradesh and Andhra Pradesh. Each 20-seat, IT-enabled HP WoW vehicle is equipped with HP computing and printing equipment, such as HP Thin Clients , an HP Workstation , and an HP OfficeJet all-in-one printer , as well as software suites and e-learning tools, like HP Classroom Manager , HP VideoBook & HP Life . Speaking at the occasion, Dr. J. N. Singh stated, “This is a landmark initiative towards creating a knowledge society. I am sure the results will lead us to a large section of digitally empowered people where enhanced knowledge, skills and behavior will help the nation carve a niche.” Endorsing the statement, Mr. Ashish Sahay said, “We intend to make a measurable difference by inspiring people to put their best foot forward by gaining digital literacy and meaningfully contributing towards the making of the digital economy that we all envision.” Dr. Sunil Shukla stated, “The vision of Digital India is ably supported by momentous efforts and one such tangible initiative is the HP World on Wheels Project. This innovative project will impart digital capabilities and also an understanding on the variety of significant subjects to people in the remotest corners of the country. EDII is glad to be associating with such an ambitious project. I am sure the results will transform lives and place India several notches up.”

Bitcoin at an all time high of $6,900, Are you investing?

Saturday, November 4 2017

Bitcoin at an all time high of $6,900, Are you investing?

Bitcoin at an all time high of $6,900, Are you investing? www.techgig.com | techgig.com Nov 4, 2017, 01.46 PM IST Other Technology news Image Credit Continue reading Digital currency Bitcoin has surged to an all time high of $6,900 on Wednesday owing to announcements that it may make its way to mainstream transactions. The globe's largest derivatives exchange earlier said that it will unveil bitcoin futures. The CME Group Inc (CME.O) announced that it will come up with a regulated trading venue for the crypto currency market and will also unveil new derivatives in the fourth quarter of 2017. Bitcoin this year has witnessed a sixfold rise in its value and has also doubled in its price since mid of September. As per data from CoinDesk, the crypto currency touched an all-time high of $6,922 at about 9:36 PM. A massive surge in the digital coin's value also witnessed the total market value of all cryptocurrencies reach above $188 billion for the first time. The market cap of bitcoin currently stands at $115 billion as per data from Coin market cap. The CME announcement came as a welcome surprise for cryptocurrency investors and many among them were celebrating bitcoin's 9th anniversary. The bitcoin pricing quickly jumped to a new high of $6,900 from $6,450 in just a few hours. ''I have no problem with bitcoin. I like the concept. I have a problem that on Wall Street the innovators are trying to package something up and put a derivative label on it when they really don't know what's underneath. It reminds me of the financial crisis all over again,'' said Joe Saluzzi, a principal at Themis Trading. ''There could be spoofing, there could be layering, there could be all sorts of manipulation going on in bitcoin now, and nobody knows. Until they say they are watching and making sure there are no manipulations and fraudulent activities, until they say we have a better regulatory system, I think we are playing with fire,'' adds Saluzzi. The real problem as per Saluzzi is the inevitable launch of Bitcoin ETFs. He says that while institutional investors should be aware of the risks they face by trading in bitcoin derivatives, retail investors will most likely invest in ETFs without a true understanding of the risks involved, perhaps believing that they are solid financial products since they are listed on regulated exchanges. "I think we are playing with fire," he concludes. Rimit

Six top IT companies reduce employee strength by over 4000

Saturday, November 4 2017

Six top IT companies reduce employee strength by over 4000

Six top IT companies reduce employee strength by over 4000 www.techgig.com | techgig.com Nov 4, 2017, 02.21 PM IST Top IT Companies Image Credit Continue reading The $156-billion dollar Indian IT industry which is also termed as the biggest job creator is witnessing a rapid downfall in terms of recruitment For the initial six months of the fiscal year 2017, Cognizant, Infosys, Wipro and Tech Mahindra have all witnessed their employee strength decline, significantly in Cognizant's case (by over 5,000). TCS and HCL Technologies come as the only two exceptions among India's major six IT companies, however even TCS' addition to its workforce is a mere fraction of what it did in the initial six months of the previous fiscal. The employee strength of all the six companies combined dropped by 4,157 in the initial six months of the fiscal as compared to a rise of about 60,000 in the year ago period. "The industry is standing at a crossroads. The journey toward digitization and automation provides a plethora of opportunities, but with the same token also a myriad of challenges. Hiring for some of the Indian majors has not only decelerated, but for the first time we have seen a decrease of headcount," says Tom Reuner, SVP of intelligent automation and IT services at IT consulting firm HfS Research. There are several factors contributing to this slowdown including Automation which is turning thousands of entry-level jobs obsolete Companies are improving their employee productivity levels, and keeping fewer people in their offices. Also in the conventional spaces of application development & maintenance, and infrastructure maintenance there is a slump in growth. Also while companies are eyeing to hire people with specialized skill sets in areas such as data science, artificial intelligence, machine learning, and internet of-things, the growth pace in these segments and the nature of the business is not leading to mass hiring. "The employment picture in Indian IT is changing rapidly. The intake of new campus hires in the Indian IT industry is dramatically down and looks to continue to fall. The industry will continue to be a great place for engineers with the right skills in AI, automation, and other digital skills that are in high demand. However, for those individuals who have traditional IT skills, the picture changes dramatically,''says Peter Bendor Samuel of outsourcing research firm Everest Group. The president and chief human resources officer of Wipro, Saurabh Govil said last month that the industry has moved away from number related growth. "We have improved our utilization....We are focusing on re-training our existing people," he said. Rimit