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Flipkart raises $700 million, valued at $11 billion now

$700 million raised by Flipkart, valued at $11 billion now

India’s largest e-retailer, Flipkart has received an initial investment of $180 million from Hong Kong based investment firm Steadview Capital. This deal when matured completely will lead to bringing in of funding worth $700 million. This will raise the value of Flipkart to $11 billion, bringing it in the league of some of the biggest consumer companies in India. The rise of Flipkart can be understood from the fact that the company is now worth nearly half of India’s fourth largest IT firm, Wipro. Flipkart has been receiving generous investments in the recent past. In May, the company received $120 million from Russian billionaire Yuri Milner’s DST Global and $1 billion from South African media group Naspers. All the existing investors including DST Global, Naspers and Tiger Global Management have expressed their interest in investing in Flipkart further once the current round of investments is over. An intense completion seems [+more]

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Instagram overtakes Twitter in terms of user base and popularity too!

Instagram overtakes Twitter in terms of user base and popularity too!

Instagram has overtaken Twitter in terms of user base and perhaps popularity too. Instagram has announced that it has 300 million active users. This has placed it ahead of Twitter. By the end of March, Instagram had 200 million active users. The user base has grown by almost 50 percent in 2014 and over 100 million users have accessed Instagram during the last nine months. Kevin Systrom, the co founder of Instagram has said that a partnership between two friends that began four years ago has now transformed into a strong global community that shares over 70 million photos and videos each day. In the latest innovations announced by Instagram, the users will now be able to see verified badges for brands, athletes and celebrities. They can then connect with authentic accounts just as they do in Facebook and Twitter. These verified badges will be launched in the coming next [+more]

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Is Samsung Galaxy S5 the Best Smartphone To Purchase

Is Samsung Galaxy S5 the Best Smartphone To Purchase

Several flagship smartphones are available in the market at present that claim to be the best in one department or the other. Some claim to provide the latest specifications, while others claim to offer value for money. However, based on all the parameters, Samsung Galaxy S5 is the best and the most trusted smartphone presently available in the market. Whether you are a high-tech gadget freak or as tech unsavvy as my mom, there are plenty of reasons why the Galaxy S5 is your best choice. The Samsung Galaxy S5 is equipped with a 5.1-inch super AMOLED full HD display having a pixel resolution of 1920x1080p and a pixel density of 440 ppi. The smartphone is powered by Android v4.4.2 KitKat operating system, Exynos Octa-core processor (1.9GHz quad-core+ 1.3GHz quad-core), 2GB RAM and 16GB inbuilt storage that is expandable up to 128GB. The smartphone also comes with lots of other [+more]

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Latest iPhone in 2015 Could Sport 4-inch screen

4 inch iPhone to be launched by Apple next year

Though Apple has launched its range of a big screen for its latest iPhones, it seems that the technology giant has not given up on its idea of launching a smaller version of its smartphone. The company is reportedly planning to launch its 4-inch iPhone by the middle of 2015. The news has been confirmed by Electronic times of Taiwan and Apple is planning the move after feedback from its customers who were looking for a smaller variant of the smartphone. The target customers for this smartphone would be women who face problems in carrying a big screen iPhone. Apple has been in news this year as it launched iPhone 6 and iPhone 6 Plus which featured in 4.7 and 5.5-inch screen sizes respectively. Apple has to learn from its history too when it comes to launching new variants of iPhone. Back in 2010, Steve Jobs had launched iPhone 4 [+more]

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YotaPhone 2 ready for Shipping in over 20 Countries

YotaPhone 2 ready for Shipping in over 20 Countries

The wait for YotaPhone2 is over as the improved version of the same with an electronic display has been launched in UK on 3rd December, 2014. The smartphone is now ready to be shipped to over 20 countries as technology enthusiasts are waiting eagerly. The smartphone can be pre ordered for a base price of $872 from Yota’s online platform. The phone will be available in Hong Kong by the end of this year. Taiwan and China will be the next countries to have YotaPhone 2 as the same is likely to arrive here by first quarter of 2015. Later it would be sold across Canada, United States and Latin America. An innovative feature of YotaPhone2 is its improved 2-ink screen where users can read text and check mails without using much battery power. The smartphone comes with a 5 inch1080p AMOLED screen and has a 4.7 inches e-paper display. [+more]

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Sylvester Stallone, Rebel Wilson and 47,000 others lose social security numbers to hackers

Sylvester Stallone and Rebel Wilson among 47,000 other lose their social security numbers to hackers

It has been a week since hackers stole social security numbers from Sony Pictures. These hackers are thought to be from North Korea and are now busy releasing these private documents over internet. These displayed documents include passwords of internal computers of Sony employees, credit card numbers, details of social media and a host of Social Security numbers. To make matters worse, personal details of Hollywood stars including Sylvester Stallone, Rebel Wilson and Judd Apatow have also shown up in public domain. Interestingly, all these acts of digital pilferage of personal information have been done in retaliation to United States not banning a movie ‘The Interview’. The movie was produced by Sony Pictures and shows Hollywood stars trying to kill Kim Jong Un, the North Korean supreme leader. Similar method of hacking was used by another group in 2013 to plan an attack on banks and other financial organizations in [+more]

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Some worthy words of advice from Mark Zuckerberg to Apple!

Some worthy words of advice from Mark Zuckerberg to Apple!

Mark Zuckerberg seems to have entered into a war of words with Apple and its CEO Tim Cook. This happened after Cook criticized advertisement-supported businesses such as Google and Facebook for ignoring the needs of customers. He pointed that for Facebook and Google, the customers were merely products. The business models of Apple and Facebook are quite contrast and this could be one of the reasons that top level executives of both these companies have decided to rough it out publicly now. While the business of Facebook hovers around collecting personal information of users and selling it to advertisers, so that they can generate business, Apple sells hardware products and uses little personal data. Cook has been using this point to his advantage and has been making public appeasement on the topic. He says that users should be going for Apple products if they do not want their personal information [+more]

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Google eying China app store with renewed Vigour

Google eying China app store with renewed Vigour

Google is planning to make an entry into the Chinese market once again. The tech giant in a strategic shift will be opening an app store in China. Google had a fair presence in the Chinese market but it did withdraw in 2010 after a censorship row with the Chinese government. Google has diversified its platform in the recent months and is increasingly focussing on developing its mobile platform. Google is also working on developing its hardware component. This hardware component is the key factor which Google plans to develop at its Chinese facility. Google had also approached the Chinese officials last year too as it intended to open a China based version of its play store. However, despite this proactive approach taken up by Google, it is not sure that the Chinese administration will allow Google to operate finally. Google might have to ban some apps that offer information [+more]

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Mozilla Firefox 34 Update: Your Browser Launched in A New Avatar

Firefox launched in its new avatar- Firefox 34

Mozilla has come up with its new face with the Mozilla Firefox 34. Browser updates are not very exciting these days but Firefox 34 could be an exception. The latest Firefox 34 update is unique in the sense that it will have Yahoo as its search browser. However, as it is very easy to switch over the default search engine in Firefox, it would be no surprise if the users switch back to Google soon. Mozilla is also innovating with its WebRTC powered chat tool “Firefox Hello”. It will be now be moved from beta channel to the mainstream. With this service in place, the users will be able to indulge in audio and video chats with other Firefox users from their browsers only. However, Firefox Hello will be currently available to selected users only. You might have to wait a while for it to get active on your system. [+more]

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Sony e-Paper Smartwatch: Will It Be Something

Sony comes out with an experimental e-paper watch

Sony has come up with an innovative product in the form of an experimental e-paper watch. Being called the Fes Watch, Sony might start mass production of this watch if it is successful. However, it does fall short of expectations that you could have from a smartwatch. The good news, however, is that the battery of this e-paper watch can last for up to 60 days. The face and strap of this watch has an e-paper display and works alike to e-book reader technology like Amazon’s Kindle. Sony has deliberately kept this innovation a low key affair as it wants to be sure that if this technology comes out openly in the market, it should not disappoint the people who prefer to use it. Sony has given the task of developing this e-paper watch to Fashion Entertainment, a spin off division of Sony. Noticeably, Fashion Entertainment is also working on [+more]

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