NEW DELHI - Walmart India on Monday announced the appointment of Sameer Aggarwal as its Chief Business Officer with immediate effect. The company said in a statement that its Chief Operating Officer Devendra Chawla has resigned "to pursue other opportunities outside Walmart India". Aggarwal is currently the Chief Strategy and Administrative Officer for the company. "In this expanded role, Sameer, currently Chief Strategy and Administrative Officer, will now lead strategy, merchandising,
NEW DELHI - Facing intense scrutiny over the misuse of its platform globally during elections, Facebook has announced fresh steps to increase ad transparency and defend against foreign interference ahead of the 2019 Lok Sabha polls in India. Now anyone who wants to run an ad in India related to politics will need to first confirm their identity and location, and give more details about who placed the ad, the social networking giant said in a statement late Thursday.
SAN FRANCISCO - Microsoft's Indian-origin Chief Technology Officer for Artificial Intelligence (AI) Joseph Sirosh has joined Compass, a New York-based real estate tech company which is making efforts to simplify the home buying and selling process with the use of cutting-edge technology. In a tweet on Wednesday, Sirosh said he was "super excited" to join Compass as CTO. "It (Compass) is bringing agents and technology to empower us in one of the most stressful and...
WASHINGTON - China has agreed to cut tariffs on cars it imports from the US, President Donald Trump has said, after he negotiated a truce in the trade war with Beijing. The announcement boosted the financial markets. "China has agreed to reduce and remove tariffs on cars coming into China from the US. Currently the tariff is 40 per cent," Trump tweeted on Sunday. The outcome of the Trump-Xi meeting boosted financial markets in Asia Pacific on Monday.
LAS VEGAS - As tech companies the world over face an acute crunch of skilled workforce in the field of Cloud computing, retail giant Amazon's Cloud arm, Amazon Web Services (AWS), has decided to go beyond providing training and certification to now help students grab relevant openings in Cloud. According to Teresa Carlson, Vice President, Worldwide Public Sector at AWS, the time is ripe to connect skilled students with employers via "AWS Educate" -- a global initiative to provide students and
NEW YORK - Researchers in the US, including one of Indian-origin, are working on a technology that could make homes of the future adjust to your activity without the need for invasive cameras. So when you leave a room, you would not require anyone to tell the that the lights, or the fans needed to be switched off. Sensors hidden in the walls or floors could automatically detect that the room was empty and do the needful.
NEW DELHI - Admitting that fighting fake news is no easy task, Twitter Co-Founder and CEO Jack Dorsey on Monday said the social network is taking "multi-variable" steps, including the use of Artificial Intelligence (AI), to curb the spread of misleading information ahead of 2019 general elections in India. Addressing a town-hall meeting at the Indian Institute of Technology-Delhi (IIT-Delhi), Dorsey said fake news is a way too big category.
CERRITOS,CA - After 30 years of building a successful market share in The City of Artesia, State Bank of India (California) has to relocated its branch from Artesia to Cerritos to better serve the community. On October 15, SBIC opened the doors of their new branch in The City of Cerritos. Coupled with a seasoned staff and a new location, this move is advantageous for the Bank as it will help increase brand awareness while catering to the...
LONDON - In an apparent jibe against rivals Google and Facebook, Microsoft CEO Satya Nadella has said the company doesn't use customers' personal data for profit unlike some other firms. In an interview with The Times on Monday, Nadella said the company "had chosen not to squeeze the last drop of revenue from the troves of user data on its Bing search engine and the Linkedin social network, which it bought in 2016".
SAN FRANCISCO - In line with its efforts to prevent misuse of its platform during elections, Facebook has set up a War Room to reduce the spread of potentially harmful content. Facebook faced flak for not doing enough to prevent spread of misinformation by Russia-linked accounts during the 2016 US presidential election. The social networking giant has rolled out several initiatives to fight fake news and bring more transparency and accountability...