Yahoo Restores Automatic Email Forwarding After Brief Outage

Yahoo Restores Automatic Email Forwarding After Brief OutageYahoo Restores Automatic Email Forwarding After Brief Outage
Yahoo says it has restored automatic email forwarding after a brief outage sent a flutter of indignation across the internet.

Yahoo Mail executive Michael Albers says in a statement the feature had been disabled as Yahoo upgraded its platform.

News of the outage , first reported by The Associated Press, came following Yahoo’s announcement that millions accounts had been compromised by hackers and allegations of collusion with US intelligence.

(Also see: Yahoo Disputes Report on E-Mail Scanning for US Government)
Some wondered whether the outage was aimed at preventing people from leaving Yahoo amid the negative headlines, but the statement said the feature was turned off to allow the company to tweak its search function and improve performance.

Brian McIntosh, a computer professional who first flagged the issue to AP, said forwarding now worked “just the same way it did before!”

Tags: Yahoo, Yahoo 2014 Hack, Yahoo Mail, Internet


Infosys to ‘Redeploy’ 3,000 Employees After RBS Cancels Contract

Infosys to 'Redeploy' 3,000 Employees After RBS Cancels Contract

Global software major Infosys on Wednesday said it will not lay off nearly 3,000 techies after the Royal Bank of Scotland (RBS) cancelled its contract for setting up a new bank (Williams & Glyn) but redeploy them in other projects.

“We would like to clarify that there are no job losses and that all employees affected by the ramp down that will take place over the next several months will be redeployed on other projects,” the company said in a statement.

There were reports on August 16 that Infosys will soon lay off about 3,000 techies.

“Subsequent to this (RBS) decision, we will carry out an orderly ramp-down of about 3,000 persons, primarily in India, over the next few months,” the city-based IT major had disclosed on its website but did not share details with the media.

The Edinburgh-based RBS announced last week that it would no longer pursue its plan to separate and list a new UK (British) standalone bank (W&G) and instead pursue other options for the divestment of its business.

“We have been a W&G programme technology partner for consulting, application delivery and testing services,” the IT outsourcing company said on its website.

According to company sources here, RBS signed a five-year multi-million dollar contract with Infosys and the US-based software major IBM for providing IT services to its proposed W&G bank.

“As RBS has a key relationship for us, we look forward to strengthening our strategic partnership and working with it across other transformation programmes,” the company added.

Tags: IT, India, Information Technology, Infosys



Aditya Birla Nuvo, Grasim fall most in 8 years after merger announcement

The merger is not only complicated in its structure, but also unconvincing on several other elements, including the valuations of the holding company and its disadvantage to minority shareholders. Photo: AFP

The merger is not only complicated in its structure, but also unconvincing on several other elements, including the valuations of the holding company and its disadvantage to minority shareholders. Photo: AFP

Mumbai: Aditya Birla Nuvo Ltd shares on Friday tanked close to 24.63% intraday as analysts and minority investors disapproved of its proposed merger with Grasim Industries Ltd. The merger is not only complicated in its structure, it is also unconvincing on several other elements, including the valuations of the holding company and its advantage to minority shareholders.

Grasim shares declined close to 8.35% intraday.

Both stocks saw their biggest single-day fall in eight years,Bloomberg data showed.

Aditya Birla Nuvo touched a low of Rs1,180 a share, a level last seen on 30 June, and fell as much as 24.63%, its steepest fall since 24 October 2008. It closed the day at Rs1,290.15, down 17.6% from the previous close.

Grasim Industries touched a low of Rs4,160 a share, a level last seen on 11 June, and fell as much as 8.35%, its steepest fall since 11 December 2008. It closed the day at Rs4,565, up 0.57% from the previous close.

HSBC Securities and Capital Markets India Pvt. Ltd trimmed its target price as well as stock recommendation on Grasim to “hold” from “buy”. Other domestic and international brokerage firms are reviewing their forecasts based on the management commentary following the merger announcement on Thursday evening.

“Merger will likely remain an overhang as increasing complexity will be perceived negatively. Concerns regarding increasing complexity with addition of several non-core businesses remain,” said an HSBC note.

ALSO READ | Aditya Birla to merge Nuvo, Grasim

Emkay Global Financial Services Ltd saw the merger transaction as a negative for existing shareholders. “Grasim becomes a holding company for the financial services business (in addition to being the holding company for cement business, UltraTech). Likelihood of using cash flows to fund Idea’s requirements is an additional negative. We don’t see any synergistic benefits from this transaction,” it said, downgrading its recommendation on Grasim to “reduce” from “buy”.

Analysts said that minority shareholders are likely to raise objections to the merger deal as Grasim will continue to get the same or higher holding company discount when compared with Aditya Birla Nuvo. This is simply because Grasim will become the holding company of Idea Cellular Ltd and the demerged financial services entity which will be named Aditya Birla Financial Services Ltd under the new structure.

“There is no value unlocking foreseen through the deal,” said an analyst with an American broking firm, on condition of anonymity due to the firm’s compliance rules.

CLSA in a note to investors wrote that the transaction creates a complex conglomerate and adds confusion for minority shareholders. “The new company has multiple businesses that share no commonality whatsoever,” it said.

The Aditya Birla Group is merging two of its main companies, Aditya Birla Nuvo and Grasim Industries, both of which also serve as holding companies, in an attempt to create a stronger entity, and unlock shareholder value by spinning off and listing one of Nuvo’s subsidiaries, Aditya Birla Financial Services Ltd (ABFSL).

ALSO READ | The rise of Aditya Birla Financial Services

“Grasim will suffer the holding company, conglomerate discount that Aditya Birla Nuvo suffered for all these years. Sector-focused investors will not invest in such a diversified entity when there are direct operating entities listed,” said Shriram Subramanian, founder and managing director at proxy advisory InGovern Research Services Pvt. Ltd.

“If you see the beneficial interest of promoters in each of the companies, it is in the range of 20-30%, yet the promoters are able to retain control through cross-holdings and layering,” Subramanian said. So, the to-be-listed Aditya Birla Financial Services will have only 26% minority shareholders, and promoters will have 74% control, while the “true” beneficial interest of the promoters is only 39%, he said.

“We always advocate simple shareholding structures and business structures, but this maze of businesses will disappoint investors,” Subramanian added.

The merger will create an entity with yearly revenue of Rs59,766 crore, net profit of Rs4,245 crore and earnings before interest, tax, depreciation and amortization, a measure of operating profitability, of Rs12,000 crore.

Each shareholder of Nuvo will receive three new equity shares in Grasim for every 10 held. That means a shareholder with 100 shares of Aditya Birla Nuvo will end up with 30 shares of Grasim. And each shareholder of Grasim (post-merger) will receive seven shares in ABFSL for each share held. That means a shareholder with 100 Grasim shares will also get 700 shares of the finance company. In aggregate, each shareholder of Aditya Birla Nuvo who owns 100 shares will receive 30 shares in Grasim and 210 in ABFSL, Mint reported.

“It’ll come up for voting. I think we looked at multiple options of restructuring and when we looked at all the options, I think we felt as a management team, this is a restructuring which makes sense for both sets of shareholders,” Ajay Srinivasan, chief executive, ABFSL, said during a conference call to investors’ concerns over dilution in the holding in the financial services business and whether the board had other alternatives to the merger plan.

“…there would be pros and cons for every structure, which one can consider. And I think we can keep debating on that, but at the end of the day when we looked at the shareholders’ perspective and what makes sense for shareholders, we thought this is a great way of restructuring and giving access to shareholders directly to financial services, and at the same time take care of the residual, a smaller holding company, which would have risen as a result of a demerger of financial services.

“What we presented to shareholders to look at is a very strong company, which offers pretty much a proxy to the India growth story. It’s a mix of manufacturing and services businesses. It is the story which delivers significant growth going forward and this is an option to shareholders to either invest in this company or look at investing in each of the operating businesses, which we are giving as an option,” Srinivasan explained.


After Kickass Torrents, Shuts Down

After Kickass Torrents, Shuts Down


  • Kickass Torrents, the world’s biggest piracy website, was shut down earlier
  • announced farewell on their website
  • Search feature has been disabled on its still active website

Weeks after torrents site Kickass Torrents was shut down following the arrest of alleged founder Artem Vaulin in Poland, another major player appears to have shut its portals on Friday, a media report said., considered the largest torrent meta-search engine, announced “farewell” to its millions of users.

Founded in 2003, had millions of visitors per day the site grew out to become one of the most visited torrent sites.

After more than 13 years of service, the popular site announced its farewell just a few hours ago, that too without any warning, Torrent Freak reported.

While the homepage is still active, Torrentz has completely disabled its search functionality and has similarly removed all torrent links. Torrent Freak claims it was contacted by the owner of, who “prefers not to comment at the moment.”

“Torrentz was a free, fast and powerful meta-search engine combining results from dozens of search engines,” a text read while searching for content.

The site’s users are no longer able to login either. Instead, they see the following message: “Torrentz will always love you. Farewell.”

Two weeks ago, Artem Vaulin, the alleged 30-year-old Ukrainian owner of Kickass Torrents, was detained in Poland after being charged with a four-count US criminal indictment which was followed by shutdown of the search engine.

Vaulin was charged with money laundering and violations of several copyright laws.

Written with inputs from IANS

Tags: Internet, Kickass Torrents, KickassTorrents, Torrents,


12 Tips for Pinning on Pinterest After the New 2016 Changes


Pinterest has been rolling out a steady stream of updates this year, including changes to its algorithm and affiliate policy. If you use Pinterest as a marketing channel for your business, then you need to be aware of those Pinterest 2016 changes to really make the most of the platform. Here are some tips for pinning on Pinterest in 2016.

Helpful Pinning on Pinterest Tips

Create an Affiliate Strategy

One of the biggest changes that Pinterest recently announced is that the site will again allow users to share affiliate links on the platform. So if you’re a blogger or influencer, you can use Pinterest as a way to increase your affiliate income. And you can now actually share those links directly on Pinterest, instead of just posting links to your website or a landing page that includes your affiliate links.

Connect with Pinterest Influencers

If you’re a small business that wants to increase sales through an affiliate program, this new change also offers a new opportunity for you. You can potentially connect with influencers who are popular on Pinterest with your target audience. The fact that they can share affiliate links directly on the platform could make your affiliate program even more attractive to them.

Take Your Branding into Account

Another change to Pinterest, at least on some of the mobile apps at this point, is how your boards and pins appear on your profile. For example, instead of just showing each of your board names and cover images, profiles on the iOS app now shows each board title over a sort of collage of the images you recently pinned to that board. So since Pinterest users will be able to see more of your actual pins when visiting your profile, it may be worth it to put more care into choosing pins that fit, or at least don’t totally clash, with your style and branding.

Don’t Rely on Repin Counts

On the web version of Pinterest and some mobile apps, the repin counts of each pin also appear differently. So if you’ve noticed much higher engagement numbers on your pins, it’s not because they all went viral overnight. Pinterest has just changed the repin counts to now display the overall engagement numbers for each pin, rather than the engagement each pin has gotten just since you repined it to one of your own boards. So you can no longer use those repin counts under each pin as a measure of engagement.

Utilize Analytics

For that reason, using analytics on Pinterest has become even more important. If you have a Pinterest business account, then you have access to analytics that can show you which of your pins are performing well and which ones are getting lower engagement. You can also use services like Tailwind to measure that engagement. Having that information can help you determine which pins might be worth promoting further or if there are any that you may even want to delete from your boards. It can also help you determine general trends in what’s popular so you can better determine your strategy for pinning on Pinterest going forward.

Keep International Users in Mind

One of Pinterest’s big goals with the recent changes is to appeal more to a wider base of users, including those outside of the U.S. A lot of those changes so far have simply been design and usability tweaks. But if all goes as planned for Pinterest, that means there could potentially be a larger base of international consumers on the platform going forward. So if that fits with your target audience, it could be worthwhile to create pins that are more geared toward international consumers, rather than only focusing on those based in the U.S.

Consider Promoting Popular Pins

Like other social media platforms, algorithm changes for Pinterest can make paying to promote certain posts a more viable option. If your pins aren’t getting as much engagement as you’d like to see, you can pay to boost a pin or two to increase your reach.

Optimize Boards for Search Engines

In addition, getting your posts found on search engines also becomes more important thanks to algorithmic changes. So if you don’t already, change the names and descriptions of your board to include some relevant descriptive keywords. The captions of each of your pins should also include some relevant descriptions so people can better find the content that is going to interest them on Pinterest.

Don’t Solely Rely on Group Boards

Pinterest continues to offer the opportunity for pinners to invite other pinners to their boards, creating group boards that can help increase the reach of your pins even further. However, group boards aren’t as powerful now as they once were. You can still use them, especially if you use just a few with just a few different pinners. But don’t rely as heavily on them. And make sure you pin valuable content to your individual boards as well.

Treat Likes More Like Pins

Also in some of the mobile apps, you’ll notice what appears to be a separate board that includes all of the pins you’ve liked on Pinterest. Before, users could still view the pins you liked on Pinterest, but they had to actually click on that part of your profile. Now, it shows up on your profile like the rest of your boards. So make sure that you’re okay with those pins appearing on your actual profile.

Share Genuinely Helpful Content

One thing that hasn’t changed about pinning on Pinterest is that users want to find and save valuable content. So the pins that you share should always be relevant and helpful to members of your target audience. If you take that into account, you’re more likely to get higher engagement on Pinterest. And that higher engagment can lead to even more reach on the platform.

Don’t Rely Completely on Pinterest Traffic

If anything, the Pinterest 2016 changes and changes or any other social platform serve as a reminder that you don’t have full control over how you’re able to reach people using those tools. Pinterest can be an incredibly useful tool for reaching certain audiences. But that doesn’t mean that you should only focus on Pinterest and discount every other marketing channel out there. Pinterest is likely to keep making changes to its platform – some of them will likely help your reach and some might hurt it. So be prepared by not focusing too heavily on any one platform, including Pinterest.

Do you have any additional tips for pinning on Pinterest?  Please share in comments!


Apple free to Take chunk Out trendy India After Rule trade

Apple Free to Take Bite Out of India After Rule Change

The glowing glass atriums and blue-clad “geniuses” that usher in the arrival ultra-modern an Apple keepought to soon be touchdown in India, after the government cleared the manner for it to open in therapidly developing cellphone market.

earlier than now, the Silicon Valley massive has been simply a bitplayer within the u . s . a . of one.2 billion, selling thru local stores without any present day its own.

It applied to open shops in January, however changed into reportedly rebuffed latest a diktat that statesoverseas retailers need to source 30 percentage of their merchandise regionally.

however on Monday New Delhi cozy the policies, just weeks after Apple leader Tim cook dinner toured India on a breathless attraction today’sfensive in which he turned into pictured the use of prime Minister Narendra Modi’s gold iPhone to release the gold standard‘s personal app.

agencies making 49a2d564f1275e1c4e633abc331547db era – understood to encompass Apple – now have up to 8 years to satisfy the sourcing necessities under a waiver, contemporary a push by using India’sseasonedenterprise government to attract overseas investment and create jobs.

For Apple, which saw iPhone sales dip for the first time ever inside the 2nd region today’s slowing call forin China and the usa, India is a tantalising prospect.

whilst analysts say it currently bills for best round one percent of worldwide iPhone sales, its giantpopulation and low number trendy smartphone owners relative to its size mean it’s miles a big capacitymarketplace.

“Apple has not simply visible India as an critical sufficient marketplace inside the past, howeversomeplace, the penny has dropped,” Devangshu Dutta, chief executive contemporary retail consultancy1/3 Eyesight, told AFP.

Apple’s considerable, palms-on stores are designed to grow to be locations in their personal right, analysts say, luring capacity customers with the promise they could play without buying.

the store is not just an area to do enterprise – it acts as a stay billboard for the emblem,” Dutta said.

priceconscious market
browsing cell accessories in FutureWorld, a generation store in New Delhi’s Connaught location, Aryamaan Chauhan said he wouldhonestlyvisit an Apple shop if one opened within the metropolis.

the 1912 monthsantique IT student owns an Android phone, bought for approximately Rs. 20,000 ($295), however is thinking about switching loyalties.

money is what is preventing me. My budget is low, I can not afford it,” Chauhan said.

“Now, I think most Indian human beings pick Android but they may be shifting. After commencement i will buy an iPhone.”

With a simple iPhone beginning at almost $six hundredextra than in many nations, thanks to India’sexcessive taxes – they’re wildly unaffordable for most in a country where average incomes are much lessthan $1,six hundred a 12 months.

Handsets costing under $a hundred dominate the market, many of them made by means of chinesemanufacturers including Xiaomi or Huawei.

“It may not emerge as mass-marketplace, (Apple) will always be a spot participant. this is a completelypriceaware marketplace,” Vishal Tripathi, research director at Gartner, a technology studies firm,informed AFP.

but there’s a developing number trendy clients who like Apple.”

by pricing itself exclusively at the posh stop, Apple has distinguished its logo from arch-rival Samsung which has both low-cost and highend telephones.

“Indian consumers are continually beneath the perception that greater pricey approach higher andkeep in mind sporting an iPhone as extra modern a status symbol than whatever,” stated Bhasker Canagaradjou, the pinnacle trendy Ipsos enterprise Consulting in India.

“The emblem enjoys a totally strong aspiration value, specially among the young population.”

‘Make in India’
For now, Apple has given no indication when or if it plans to open its personal stores. however if it does, it’llsubsequently have to meet strict sourcing guidelines because the government exhorts agencies to fabricate in India.

The organisation will require factories that could produce its exacting, 5bf1289bdb38b4a57d54c435c7e4aa1c productssome thing India largely lacks.

“To create a local supply chain, it takes time. they will be able to perform shops and gain from storeswithin the interim,” stated Dutta.

Foxconn, the principal Taiwanese Apple provider which also assembles products for Sony and Dell, is spending billions of dollars putting in place factories in India.

The iPhone isn’t always yet on the manufacturing line, however Canagaradjou says he believes Applecould start manufacturing in India “inside the next one or years”.

however, while its shops might also arrive in India soon, analysts don’t assume to see legions latestApple superfans camping out to buy new releases as they do in other countries any time soon.

“If someone is looking forward to a replication of ways it’s miles in different markets, human beingsqueueing up outside the shops from three:00 am, I don’t assume that is going to show up,” statedTripathi ultra-modern Gartner.

“In India, human beings prefer to sleep until overdue.”

down load the gadgets 360 app for Android and iOS to stay updated with the brand new tech news, product evaluations, and unique offers on the famous mobiles.

Tags: Apple, Apple store India, Apple stores, DIPP, FDI, FIPB, India, internet, Mobiles, capsules, Wearables

How Mumbai woman Lives existence on own terms After dropping a Leg in coincidence

How Mumbai Woman Lives Life on Own Terms After Losing a Leg in Accident

In posts at the humans of Bombay web page, the lady, talks approximately the freak accident in whichshe misplaced her leg, and how existence changed.
life has been the entirety I selected to make it,” says the 24-yearold
Her tale turned into shared on the people of Bombay facebook page
In 3 posts she talks about how life changed after her twist of fate
Six years in the past, she became strolling on the street out of doors her domestic in Mumbai while adepartment fell from a tree and completely overwhelmed her leg.

She has on the grounds that gained a driving force‘s license, a process and love. She has traveled the world or even long gone on a solo trip to Europe.

life has been the whole lot I selected to make it,” says the 24-yrold in an inspirational submit at thepeople of Bombay fb page.

Her story, shared in three separate posts on Wednesday, has received more than 34,000 ‘likes’ and nearly1,500 shares collectively.

in the posts, the girl, call no longer revealed, talks about the freak twist of fate in which she misplacedher leg, and the way life changed.

She stocks what she calls an unpleasant current enjoy at an airport. “They made me go to a ‘non-public‘ room which changed into a shop room, put off my denims and take off my leg which they then threw it into the scanner together with cellular phones, shoes and belts. How could I provide an explanation for to them, how terrible that made me experience? – that leg is part of my frame. i used to be hopping aroundon one leg for 45 mins and ultimately when I ought to board I simply burst into tears.”

She confronts comparable challenges daily but as she says: “My life has undergone such drasticexchange those beyond few years, however ultimately no person can hurt me except I let them.”

This lady‘s story is surely inspirational, mainly for those of us who permit little excuses govern our lives.

Brazil name Tite as New train After Sacking Dunga, Following Copa the us go out

Tite Brazil

Tite, presently education Corinthians, is the brand new train of Brazil football crew.

Tite will be the brand new instruct of Brazil
He succeeds Dunga, who became sacked after Brazil’s Copa the united states go out
Tite is presently in price of Corinthians
Sao Paulo: Corinthians boss Tite was named as the brand new teach of Brazil on Wednesday, succeeding Dunga, who turned into sacked after the team‘s humiliating go out from the Copa the usa, his club found out.
however the challenge of turning around a lackluster Brazil in time for the Rio de Janeiro Olympics in August will fall to cutting-edge under-20s instruct Micale, said the Brazilian football Confederation (CBF).
Brazil is fighting to find its form in time to host the Olympics, wherein it has by no means received gold, and to store its qualifying marketing campaign for the 2018 world Cup.
however Dunga, the person appointed to turn things round after the embarrassment of the crew‘s 7-1international Cup semi-very last thrashing by Germany on home soil in 2014, failed to deliver outcomesspeedy enough.
Tite – whose real call is Adenor Leonardo Bacchi — had been widely touted as his successor after the CBF sacked Dunga and his whole workforce on Tuesday, and Corinthians president Roberto de Andrade showedthe move.
“Tite not works at Corinthians. He everyday the CBF’s invitation,” he stated.
Federation yet to announce name officially
The Brazilian soccer Confederation has no longer confirmed the appointment, but officials there met with Tite on Tuesday.
Tite, fifty five, has coached a string of top golf equipment in Brazil, which include Gremio, Atletico Mineiro and Palmeiras, as well as Al Ain and Al Wahda within the United Arab Emirates.
He has spent 3 trophy-studded stints at Corinthians, main the Sao Paulo club to 2 Brazilian league titles, in 2011 and 2015, and the Copa Sudamericana in 2013. In 2012, he coached them to a double championship of the regional Copa Libertadores and membership global Cup.
The country wide team‘s string of humiliating losses is simply one greater blow to Brazil’s morale because the us of a struggles through a deep recession, political turmoil and a big corruption scandal.
Tite is known as a educate with a talent for turning things round. but he faces an uphill battle to go backBrazil to its glory days, stated influential sports columnist Juca Kfouri.
“He has a latest prevailing streak and plans to deliver Brazilian soccer back to its roots. however he belongs to the college of resultsorientated soccer. So he should be greater efficient than Dunga,” Kfouriadvised AFP.
but “Brazilian football‘s issues cannot be solved with the aid of converting coaches,” he introduced. That, he stated, can simplest be carried out by addressing the “structural” problem of corruption in soccerand “breaking with the fashion of strength of the Teixeiras, Marins and Del Neros.”
The reference is to the CBF’s beyond presidents, Ricardo Teixeira and Jose Maria Marin, and contemporaryboss Marco Polo del Nero, all of whom had been indicted by means of the us in its sweeping research of corruption in global football.
Tite got his nickname as a skilled younger participant from Luiz Felipe Scolari, Dunga’s predecessor, who reportedly garbled his name while he brought him to the directors of a neighborhood soccer club.
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Parineeti Has a question for Priyanka After looking Quantico

Parineeti Chopra

Parineeti Chopra is all praise for cousin, actress Priyanka Chopra, who has made her global television debut with Quantico. She says, with each step, Priyanka is putting a “new benchmark” for Indian actors. Sheadditionally has a question for her “Mimi didi”. this is what she tweeted on October five:

Parineeti Chopra ✔ @ParineetiChopra
OH MY GODDDDD how do you do it every time !!!! Sooo pleased with you mimi didi !!!!! Love you AMAAZINGGGGGGG #QUANTICO guys!!! @priyankachopra
10:04 AM – 5 Oct 2015
291 291 Retweets 906 906 likes

She additionally wrote:
there may be a new benchmark set for all of us. Why do you are making us paintings so difficult!!!! Huh??? Hahahah. Muuuahhhhhhh @priyankachopra

? Parineeti Chopra (@ParineetiChopra) October five, 2015

After her success in Bollywood, Priyanka became to the West and attempted her good fortune as a singer with hit singles like uncommon. Now she has entered the world of small screen with movementthrillercollection Quantico.

the former splendor queen performs an FBI recruit, whose identification gets shrouded with the aid ofsuspicion, following a terrorist assault within the US.

Parineeti, who entered Bollywood with a assisting position in the 2011 romantic comedy women vs Ricky Bahl, mentioned that Priyanka’s tough paintings is a supply of notion for all.

comply with
Parineeti Chopra ✔ @ParineetiChopra
What you’ve got done is impossible however I additionally recognise that simplest you can do it!!!! Sooooo happy with you!!! #Quantico @priyankachopra
10:08 AM – 5 Oct 2015
311 311 Retweets 848 848 likes

Parineeti’s ongoing venture is an internetseries man‘s global in which she co-stars with Kalki Koechlin and Richa Chadha. The series is made in support of the UN international desires for Sustainable developmentinitiative. It premiered on the Y-films‘ YouTube deal with on September 29. (additionally read: Parineeti, Kalki, Richa display it is so not a person‘s global in Trailer)

After Nokia, BlackBerry, HTC looking at Bleak destiny

After Nokia, BlackBerry, HTC Staring at Bleak Future

Taiwanese cellphone maker HTC seems to be following the footsteps of Nokia and BlackBerry, globaltelecom giants that have now slipped into obscurity.

HTC’s market capitalization fell to $1.5 billion on Monday, under the amount of cash the cellphone maker had at the cease of June. In simple phrases, it means HTC’s logo, factories and homes have 0 price in the mean time.

HTC’s marketplace cap slumped underneath cash on books monitoring the 60 in keeping with cent crashwithin the agency‘s shares this year.

HTC’s marketplace percentage in key geographies has fallen into low unmarried-digits because ofincreasing opposition from iPhone maker Apple and Samsung Electronics, which manufacture excessivegive up telephones. meanwhile, HTC’s low-value services have been eclipsed by way of financeschinese competitors.

according to Reuters, enterprise watchers have brushed off HTC as “pressured, unoriginal and uncompetitive”.

remaining week, HTC mentioned a secondquarter loss and forecast some other loss for the thirdquarter; its leader economic officer said the corporation might reduce jobs and discontinue fashions aspart of its strategy to consciousness on excessiveend gadgets to higher compete with the likes of Apple Inc. and Samsung Electronics.

most of HTC’s phones run on the Android software program, wherein the average income is only 1.2 cents in step with cellphone, according to a file in business Insider.

“HTC runs at a loss, which means that ultimately it expenses extra for HTC to make a single smartphonethan it could get by using selling them. HTC is largely paying people to take its telephones proper now,” the record stated.

HTC is now pinning its hopes on India, in which it claims to sell one in five smartphones which can bepriced between $250 and $400.