India offers tax concessions to Apple to expand production: official
India has offered to allow Apple Inc (AAPL.O) to import mobile handset components intended for use in local manufacturing tax free, a top government official said on Tuesday. The tax concessions will be subject to the condition of increasing local value addition over a period of time. Apple Inc wants to expand its contract manufacturer’s […]
MIT’s camera drones are smart enough to get the perfect shot
Over the last few years we’ve seen more camera drones than we can count, but getting the best footage out of them will take something extra. While many big budget productions are already using drone cameras, a system developed by MIT and ETH Zurich researchers goes beyond mere Steadicam or even subject-tracking, by allowing the […]
Microsoft set to deliver Microsoft Cloud from datacentres in Africa
Microsoft has revealed plans to deliver the complete, intelligent Microsoft Cloud for the first time from datacentres located in Africa. This new investment is a major milestone in the company’s mission to empower every person and every organisation on the planet to achieve more, a recognition of the enormous opportunity for digital transformation in Africa. […]
Google unveils standalone HTC Vive headset – and it could be a game changer for virtual reality
Google has made surprise announcement at its I/O developer conference , and it could be a game changer for virtual reality. During a keynote presentation at the Shoreline Amphitheatre in Mountain View, California, Google chief executive Sundar Pichai unveiled a new version of the popular HTC Vive headset , running Google’s virtual reality software, Daydream. […]
Snap shares plummet as investors mark down first earnings report
Snap Inc (SNAP.N) shares plunged on Wednesday after the owner of Snapchat reported slowing user growth and revenue in its first earnings report as a public company, missing Wall Street’s estimates as it competes with copycat messaging apps. Its shares tumbled 23 percent in after-hours trading to wipe some $6 billion from Snap’s market value, […]