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Google accquired HTC Mobile division for just $1.1 Billion.

Google has signed a deal with HTC Mobile Division for $1.1 billion dollar cooperation agreement, the technology company said in statement on Thursday, after trading of HTC shares were halted on Taiwan's stock exchange before the announcement. In 2011, Google bought Motorola in a $12.5 billion deal, only to resell it to Lenovo for $2.91 billion three years later (Google had sold off other parts of Motorola earlier.
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Mypatshala Overview and Use

Apple TV 4K to support Dolby Atmos audio in future tvOS update

Apple also doesn't support modern surround sound standards like Dolby Atmos and DTS:X, which place sound effects in 3D space around you," said The Verge's Nilay Patel in his APPLE 4K TV review. "Apple told me that the lack of Atmos isn't a hardware limitation, and that support is on the roadmap," he added.

It is not clear as to when Apple plans to bring this support to its 4K TV streaming box. Apple TV 4K starts at $179 for 32GB variant and $199 for the 64GB variant in the US

Credit rating firm Equifax has apologised after it mistakenly directed some customers to an imposter website via its Twitter page.

The firm recently disclosed a data breach affecting more than 143 million people, and set up a new website to share information with customers. But it mistakenly tweeted the wrong web address several times, leading some customers to a fake website.

Facebook founder Mark Zuckerberg says his company will share 3,000 Russia-linked political adverts with US investigators.

He also pledged to make political advertising more transparent on his network in future.
"We will work with others to create a new standard for transparency for online political ads," he said in a live address on his Facebook profile. He said political advertising will now carry disclaimers about which campaign or organisation paid for it. He added that the company was continuing to investigate instances of foreign actors abusing its advertising platform, including Russia and other "former Soviet states". The move to share details with investigators comes after considerable public pressure for Facebook to be more transparent - and is being interpreted by some as an attempt to fend off any potential regulation from the US government.

World’s first ‘molecular robot’ may help build new drugs

Scientists have created the world’s first ‘molecular robot’ – millionth of a millimetre in size – that can be used to build molecules and may help discover novel drugs. The tiny robots developed by researchers at the University of Manchester in the UK can be programmed to move and build molecular cargo using a tiny robotic arm. Each individual robot is capable of manipulating a single molecule and is made up of just 150 carbon, hydrogen, oxygen and nitrogen atoms. To put that size into context, a billion billion of these robots piled on top of each other would still only be the same size as a single grain of salt.
The robots operate by carrying out chemical reactions in special solutions which can then be controlled and programmed by scientists to perform the basic tasks. In the future such robots could be used for medical purposes, advanced manufacturing processes and even building molecular factories and assembly lines. “All matter is made up of atoms and these are the basic building …

'E-commerce companies may see cash burn up to $400 million in festive sales'

NEW DELHI: E-commerce companies could see a cash burn of up to $400 million during this year's festive sales, compared to about $200-250 million last year, research firm RedSeer Consulting today said.
The cash burn for the e-tailing industry, which has deep-pocketed investors like SoftBank and Alibaba backing players, is forecast to reach up to $370-400 million this year on a expected gross merchandise value (GMV) of $1.5-1.7 billion.
Last year, the cash burn stood at about $200-250 million on a gross GMV of $1.05 billion, it added. GMV is a term used in online retailing to indicate total sales value of merchandise sold through the marketplace over a certain period of time.
The report said that it is expected that there would be an increase in discounting spends and supply chain expenses as a percentage of GMV when compared to last year.
It added that with the latest funding firepower, market leader Flipkart would most likely increase discounting spends to acquire new customers a…

Tesla joins AMD for Chips

Tesla collaborated with AMD to develop AI based chips for their self driving cars. In future we hope to see some better Self Driving cars with the support of AI. Tesla has more than 50 employees involved in the project, including chip star Jim Keller. A more power-efficient purpose-built chip could help Tesla get closer to delivering totally autonomous driving. Tesla CEO Elon Musk promised this year that capability will be available to consumers in 2019.