Tag: electronics

Black Friday Shoppers Set Online Spending Record on Back of Electronics, Smartwatches, TVs: Adobe
26Nov By adminNo Comments
Technology

Black Friday Shoppers Set Online Spending Record on Back of Electronics, Smartwatches, TVs: Adobe

[ad_1]  At a whopping $9.8 bn, Black Friday shoppers have created an online spending record, Adobe Analytics reported, offering a positive sign for retailers facing lackluster sales forecasts for the holiday season. Demand for electronics, smartwatches, TVs and audio equipment helped boost the day's online sales by 7.5% compared with last year. Consumers extended their budgets by leaning on buy-now, pay-later options, which climbed by 72% from the week before Thanksgiving. The uptick marks a recovery from last year's holiday season, when high inflation hit consumers' pockets and retailers discounted heavily to get rid of bloated inventory. This year, holiday shopping is a bellwether for US consumer resilience as pandemic-era savings dwindle and interest rates remain at a more than 20-y...
Read More
5 things about AI you may have missed today: Google employees’ concern over Bard, Klarna unveils AI solution and more
11Oct By adminNo Comments
Technology

5 things about AI you may have missed today: Google employees’ concern over Bard, Klarna unveils AI solution and more

[ad_1] AI Roundup: Klarna, the Swedish fintech company, introduced a new AI-powered feature that enables users to take pictures of desired items, instantly locating them in the app. In a separate development, Google's employees have raised concerns about the Bard chatbot's effectiveness. Moreover, CCC, a cloud platform serving insurance and automotive industries, unveiled AI solutions for collision repairs, automating initial damage assessments and estimating processes, enhancing service to consumers.1. Klarna introduces AI-powered shopping experienceSwedish fintech company Klarna announced the launch of a new AI-powered feature on Wednesday that aims to make shopping easier. According to a Reuters report. the feature, developed using OpenAI's tech, allows users to take a picture of the...
Read More
Dell, HP, Foxconn Apply for India Aid in Local Production Push
1Sep By adminNo Comments
Technology

Dell, HP, Foxconn Apply for India Aid in Local Production Push

[ad_1] Some of the world's biggest tech companies, including Dell Technologies Inc., HP Inc. and Apple Inc. supplier Foxconn Technology Group, have applied for state aid to manufacture laptops in India.Indian Premier Narendra Modi's $2.1 billion financial incentive plan — a bid to boost local production of technology hardware such as laptops, personal computers, tablets and servers — has received an overwhelming industry response, Tech Minister Ashwini Vaishnaw said Wednesday. Under the plan, companies are entitled to cash back of almost 5% of factory prices of finished products. Sourcing components locally will help manufacturers win more financial benefits. Some 32 companies, including units of homegrown contract manufacturers such as Optiemus Electronics Ltd. and Dixon Technologies I...
Read More
G20 Digital Economy Ministers’ meet reaches consensus on treating cyber security as global problem: Vaishnaw
20Aug By adminNo Comments
Technology

G20 Digital Economy Ministers’ meet reaches consensus on treating cyber security as global problem: Vaishnaw

[ad_1] Union Minister Ashwini Vaishnaw on Saturday said there was a consensus during the G20 Digital Economy Ministers' Meeting that cyber security is an international problem that requires collaboration and steps for building trust and respect for other economies.The minister, who holds the Electronics, IT, Communications and Railways portfolios, said there was absolute consensus in the G20 meeting on the concept and application of Digital Public Infrastructure (DPI), cyber security and skilling in handling digital technology. Elaborating on the discussions on cyber security, he said some "very good principles" were achieved in terms of cyber security. "It was clearly agreed and understood by everybody that cyber security or information security or digital security, whatever we call it...
Read More
Chinese mobile companies evade ₹9,000 cr in tax in India, ₹1,629 cr recovered
23Jul By adminNo Comments
Technology

Chinese mobile companies evade ₹9,000 cr in tax in India, ₹1,629 cr recovered

[ad_1] Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth ₹9,000 crore in India, Parliament was informed on Friday.Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion of around ₹9,000 crore, comprising customs duty and GST, has been detected between 2018-19 and 2022-23. The government has recovered ₹1,629.87 crore from the companies during the period. According to the data, Oppo Mobile India Pvt Ltd has been found evading ₹5,086 crore in taxes which includes ₹4,403 crore in customs duty and ₹683 crore in the form of GST.Vivo has evaded taxes worth ₹2,923.25 crore comprising ₹2,875 crore in customs duty and ₹48.25 crore in GST, according to the writ...
Read More
Govt launches crackdown, sends notices to 15 websites selling e-cigarettes; social media platforms may face action too
18Jul By adminNo Comments
Technology

Govt launches crackdown, sends notices to 15 websites selling e-cigarettes; social media platforms may face action too

[ad_1] In India, e-cigarettes are strictly prohibited, but even so, some websites have been selling them. And that has forced the government to launch a crackdown against them. Now, the Union Health Ministry has issued takedown notices to 15 such e-cigarette-selling websites. They have been ordered to immediately stop the sale and advertisement of their products.According to PTI, six more websites are on the lookout list. In addition, the ministry is closely monitoring the advertisements and sale of e-cigarettes on social media and may issue notices in the near future against them too. "If they don't respond and comply with the law, the health ministry will write to the Ministry of Electronics and Information Technology for taking down these websites. Legal action will also be taken aga...
Read More
Porsche to conquer waterways with $655,000 electric speedboat
29Jun By adminNo Comments
Technology

Porsche to conquer waterways with $655,000 electric speedboat

[ad_1] After a stalled bid to join Formula One, Porsche AG is getting into boats. The German automaker announced on June 23 that it would develop an electric speedboat with the Austrian shipbuilder Frauscher.Set for delivery in 2024, the Frauscher x Porsche 850 Fantom Air is an 8.7-meter (28.4-foot) day cruiser based on the Frauscher 858 Fantom Air. Studio F.A. Porsche will design the helm stand and outfit the interior trimmings including seats and upholstery, while the boat will share its drive technology with the upcoming electric Porsche Macan. It will be built in the Frauscher Shipyard in Ohlsdorf, Austria. The vessel isn't Porsche's first foray into watercraft. In 2008, Porsche Design, the studio and brand Ferdinand Alexander Porsche founded in 1972, released the Porsche Fearless 2...
Read More
Amazon Prime Day sale date revealed! Check the massive discounts coming soon
28Jun By adminNo Comments
Technology

Amazon Prime Day sale date revealed! Check the massive discounts coming soon

[ad_1] Attention Amazon Prime members! The most awaited sale of the year is here! The prime day sale will happen for only 2 days, that is, on July 15 and July 16. Prime Day is a 2-day sale with massive discounts and new launches and presents a great chance for prime members to grab amazing products at low prices.The e-commerce giant is all set to offer exciting deals across a wide range of products. From the Latest flagship smartphones to home appliances and fashion. Amazon has already revealed various bank offers, exchange deals, and cashback as part of the Prime Day sale 2023. Amazon prime day sale offersPrime Day sale is offering up to 40 off on laptops, headphones, speakers, and other electronics. You can also get great deals on fashion and beauty products as Amazon is offering up t...
Read More
John Goodenough, a Nobel Prize-winning co-creator of the revolutionary lithium battery, dies at 100
26Jun By adminNo Comments
Technology

John Goodenough, a Nobel Prize-winning co-creator of the revolutionary lithium battery, dies at 100

[ad_1] John Goodenough, who shared the 2019 Nobel Prize in chemistry for his work developing the lithium-ion battery that transformed technology with rechargeable power for devices ranging from cellphones, computers, and pacemakers to electric cars, has died at 100, the University of Texas announced Monday.Goodenough died Sunday at an assisted living facility in Austin, the university announced. No cause of death was given. Goodenough was a faculty member at Texas for nearly 40 years. Goodenough was the oldest person to receive a Nobel Prize when he shared the award with British-born American scientist M. Stanley Whittingham and Japan's Akira Yoshino. “Live to 97 and you can do anything,” Goodenough said when the Nobel was awarded, adding he was grateful he wasn't forced to retire at 65...
Read More
Flexible batteries, designer phages among top-10 emerging technologies of 2023: WEF
26Jun By adminNo Comments
Technology

Flexible batteries, designer phages among top-10 emerging technologies of 2023: WEF

[ad_1] New Delhi, Jun 26 (PTI) A new type of AI capable of generating new and original content, designer phages, flexible batteries and sustainable aviation fuel are among the technologies poised to have the most positive impact on the world in the next 3-5 years, the WEF said on Monday.Listing the top ten such emerging technologies, the WEF said the list also includes wearable plant sensors, metaverse for mental health, spatial omics, flexible neural electronics, sustainable computing and AI-facilitated healthcare. The WEF's 'Top ten emerging technologies report 2023' assessed how each technology will impact people, the planet, prosperity, industry and equity and was produced in collaboration with Frontiers, a publisher of peer-reviewed, open-access, scientific journals. The technologi...
Read More