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Factbox – Ebay CEO’s Comments since January on Paypal Spinoff

Factbox – Ebay CEO’s Comments since January on Paypal Spinoff

INDIAPOST – EBay Inc agreed on Tuesday to spin off its payments unit, PayPal, in the second half of 2015, after rebuffing activist investor Carl Icahn’s proposal in January. Following are comments by eBay Chief Executive John Donahoe on PayPal spinoff since then: Jan. 22 – During fourth-quarter earnings call “PayPal and eBay make sense […]

FCC Look Into Treating Internet TV Like Cable

FCC Look Into Treating Internet TV Like Cable

INDIAPOST – The Federal Communications Commission is considering a change in how it regulates Internet TV, potentially putting it on the same footing as traditional cable and satellite television, an FCC official familiar with the idea said on Tuesday. If formalized and approved, the change would help Internet TV services, such as ones being developed […]

German Privacy Watchdog Tells Google to Restrict Use of Data

German Privacy Watchdog Tells Google to Restrict Use of Data

INDIAPOST – A German data protection watchdog told Google Inc on Tuesday to seek users’ permission for creating data profiles from its various services, adding to pressure on the U.S. technology giant in Europe over its privacy policy. “Google is ordered to take the necessary technical and organizational measures to guarantee that their users can […]

Entertainment

Online Fashion Retailer Zalando Rises in Stock Market Debut

Online Fashion Retailer Zalando Rises in Stock Market Debut

INDIAPOST – Shares in Europe’s largest online fashion retailer Zalando rose on their Frankfurt stock market debut on Wednesday, one of a flood of internet start-ups hoping to ride the coattails of China’s Alibaba. Zalando’s shares had been priced at 21.50 euros each but the shares began trading up 12 percent at 24.10 euros. In […]

Rocket Internet Prices Share Sale at Top of Range

Rocket Internet Prices Share Sale at Top of Range

INDIAPOST – Rocket Internet , the global e-commerce investor, is selling its shares at 42.50 euros apiece, or the top of the price range, as investors flock to tap into a new wave of Internet start-up listings. The Rocket flotation comes hot on the heels of the blockbuster debut of China’s Alibaba and just a […]

Dual Camera Based HTC One M8 Now Available in India

Dual Camera Based HTC One M8 Now Available in India

INDIAPOST – HTC One M8, which was announced for India just few days back, is now available online. However, only the 16 GB version is available and it is priced at Rs 48,990; there is no information as of now about its 32 GB variant. The HTC One M8 comes with a 5 inch display […]

Technology

Factbox – Ebay CEO’s Comments since January on Paypal Spinoff

Factbox – Ebay CEO’s Comments since January on Paypal Spinoff

INDIAPOST – EBay Inc agreed on Tuesday to spin off its payments unit, PayPal, in the second half of 2015, after rebuffing activist investor Carl Icahn’s proposal in January. Following are comments by eBay Chief Executive John Donahoe on PayPal spinoff since then: Jan. 22 – During fourth-quarter earnings call “PayPal and eBay make sense […]

FCC Look Into Treating Internet TV Like Cable

FCC Look Into Treating Internet TV Like Cable

INDIAPOST – The Federal Communications Commission is considering a change in how it regulates Internet TV, potentially putting it on the same footing as traditional cable and satellite television, an FCC official familiar with the idea said on Tuesday. If formalized and approved, the change would help Internet TV services, such as ones being developed […]

German Privacy Watchdog Tells Google to Restrict Use of Data

German Privacy Watchdog Tells Google to Restrict Use of Data

INDIAPOST – A German data protection watchdog told Google Inc on Tuesday to seek users’ permission for creating data profiles from its various services, adding to pressure on the U.S. technology giant in Europe over its privacy policy. “Google is ordered to take the necessary technical and organizational measures to guarantee that their users can […]

Travel

12 Killed as Speeding Trains Collide in Uttar Pradesh

12 Killed as Speeding Trains Collide in Uttar Pradesh

INDIAPOST – At least 12 people were killed and over 45 injured when two trains collided late Tuesday in Uttar Pradesh’s Gorakhpur city, officials said. The accident took place after Krishak Express jumped a signal that brought it on the same track as Barauni Express. The incident took place around 11:30 p.m. when the Barauni […]

China Not Warlike, Says Xi, As Border Standoff Dominates India Trip

China Not Warlike, Says Xi, As Border Standoff Dominates India Trip

INDIAPOST – China is not a warlike nation, President Xi Jinping said on Thursday, during a rare trip to neighbour India that was dominated by a standoff on a barren Himalayan plateau between soldiers from the world’s two most populous nations. Robust comments from prime minister Narendra Modi about the dispute in territory claimed by […]

Indian Muslims will Die for The Country: Modi Slams Al Qaeda

Indian Muslims will Die for The Country: Modi Slams Al Qaeda

INDIAPOST – Prime Minister Narendra Modi on Friday asserted in an interview to CNN that the patriotism of Indian Muslims is unquestionable, slamming the terrorist group Al Qaeda, which had earlier in September announced the formation of an Indian branch of its militant group. Al Qaeda leader Ayman al-Zawahri had earlier in September described the formation […]

Health

12 Killed as Speeding Trains Collide in Uttar Pradesh

12 Killed as Speeding Trains Collide in Uttar Pradesh

INDIAPOST – At least 12 people were killed and over 45 injured when two trains collided late Tuesday in Uttar Pradesh’s Gorakhpur city, officials said. The accident took place after Krishak Express jumped a signal that brought it on the same track as Barauni Express. The incident took place around 11:30 p.m. when the Barauni […]

Government Confirms First Case of Ebola in US

Government Confirms First Case of Ebola in US

INDIAPOST – The first case of Ebola diagnosed in the U.S. was confirmed Tuesday in a patient who recently traveled from Liberia to Dallas — a sign of the far-reaching impact of the out-of-control epidemic in West Africa. The unidentified man was critically ill and has been in isolation at Texas Health Presbyterian Hospital since […]

India, US Agree to Dismantle Terror Networks; Develop Smart Cities

India, US Agree to Dismantle Terror Networks; Develop Smart Cities

INDIAPOST – US President Barack Obama and new Indian Prime Minister Narendra Modi vowed on Monday to expand and deepen their countries’ strategic partnership and make it a model for the rest of the world. In a joint “vision statement” issued after their first meeting at a White House dinner, the two leaders said they […]

Sports

Boxer Sarita’s Husband Alleges ‘Fixed’ Bout after Loss

Boxer Sarita’s Husband Alleges ‘Fixed’ Bout after Loss

INDIAPOST – The Indian boxing contingent lodged a protest and demanded a review of Sarita Devi’s semi-final bout against South Korea’s Jina Park after Sarita Devi lost the match under controversial circumstances and had to be content with the bronze medal in the women’s light weight (57-60kg) event of the 17th Asian Games. The member […]

Mary Kom Strikes Asiad Boxing Gold

Mary Kom Strikes Asiad Boxing Gold

INDIAPOST – India’s M.C. Mary Kom clinched the gold medal in the women’s flyweight (48-51kg) boxing competition of the 17th Asian Games here Wednesday. Mary, a five-time World Champion, defeated Kazakhstan’s Zhaina Shekerbekova 2-0, with one judge scoring the bout 38-38.

Sarita Devi Refuses Bronze over Feeling ‘Cheated’ of Final Spot by Judges

Sarita Devi Refuses Bronze over Feeling ‘Cheated’ of Final Spot by Judges

INDIAPOST – Indian woman boxer Sarita Devi has refused her bronze medal after judges ruled the semifinal bout in favour of the home boxers against her and Devendro Singh on Tuesday. The two Indian gold contenders were denied their due. Sarita, who left Park Jina reeling with furious punches in the 60kg semi-final bout, was […]

Other News and Headlines

New York Times to Cut Jobs as New Products Disappoint

New York Times to Cut Jobs as New Products Disappoint

| October 2, 2014 |

INDIAPOST – The New York Times Co said it would cut jobs, including about 7.5 percent of newsroom positions, to slash costs as its print advertising revenue dwindles and new products – while “journalistic sensations” – fail to live up to expectations. The company’s shares rose as much as 10 percent to $12.36 on the […]

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Reddit Raises $50 Million in Funding

Reddit Raises $50 Million in Funding

| October 2, 2014 |

INDIAPOST – Social news site Reddit Inc said it raised $50 million in funding in a deal that would see investors giving back 10 percent of their shares back to the site’s user community. The funding was led by Sam Altman, president of Y Combinator, the incubator that originally helped launch Reddit, with participation from […]

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U.S. Charges Four with Stealing $100 Million in Software, Data

U.S. Charges Four with Stealing $100 Million in Software, Data

| October 2, 2014 |

INDIAPOST – Four members of an alleged international computer hacking ring were charged with stealing more than $100 million worth of software and data – some of it used to train military pilots and some related to Microsoft Corp’s Xbox gaming console – the U.S. Justice Department said Tuesday. Two of the four – a […]

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iBall Andi 4 IPS Tiger Available for Rs 6,299

iBall Andi 4 IPS Tiger Available for Rs 6,299

| October 2, 2014 |

INDIAPOST – Indian handset maker, iBall has announced yet another affordable smartphone. The new iBall Andi 4 IPS Tiger is now available online for Rs 6,299. Just last week, iBall had announced the Andi 4 IPS Gem and Andi 4 IPS Velvet for Rs 5,699 and Rs 5,199 respectively. The new iBall Andi 4 IPS […]

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iBall Launches Dual-Sim Budget Tablet

iBall Launches Dual-Sim Budget Tablet

| October 2, 2014 |

INDIAPOST – Indian smartphone and tablet maker, iBall has launched a new tablet with Dual-SIM support. The tablet, called, Slide 3G 7271-HD70, is priced at Rs 8,299 and offers 3G network support in one of the SIM slots and also supports video calling. The Slide 3G 7271-HD70 features a 7-inch display and is powered by […]

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