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Lyft's revenue grows by 168% in 2017

                                                                                                  image credit: Lyft As we previously reported , 2017 was a really awesome year for the Technology company with heavy expansion in the US while it's main competitor Uber had many troubles the same year. The revenue for its 2017 fiscal year grew to over $1 Billion with a very strong Q4 that saw its revenue grow by 168% year on year as compared to Uber's 61% growth. Both companies are still private and so don't have to compulsorily release its financial results to the public but they do so in cases like this as a way of staying at the top, when the public knows how much you pull in, you get much more attention. According to Lyft, it does up to 10 million rides per week on its platform and also said the quarter ending this month will be its 20th concurrent quarter with more than 100% year on year revenue increase. Lyft launched in Canada last year marking its first mov

The Honor 7C has been officialy released, starts at $140

                                                                                                                                                  Honor 7C Honor has finally unveiled it s new handset, the Honor 7C will be available in china today. The product will be priced at $142 for the 3 GB RAM with 32 GB storage, while the 4GB RAM version with 64 GB of storage will go for $205. The Honor 7C offers a 5.99 inch 720 pixels 18:9 display which will be powered by Qualcomm's Snapdragon 450 processor. The Smartphone offers a dual-camera system with 13 MP and 2 MP sensors on the rear, it also has cool facial recognition technology for unlocking the smartphone, it comes with the EMUI 8.0 OS that's powered by the Android 8  Oreo. The new product comes in black, red, blue and gold colours.

Broadcom's takeover of Qualcomm blocked by the White House

                          The Tweeting President                                                                                                   Image Credit : CNN President Trump recently issued an executive order on Monday which blocked Qualcomm's proposed acqusition by Broadcom, the deal had been a subject of scrutiny concerning U.S national security. Trump said in the recently released order "There is credible evidence that leads me to believe that Broadcom Ltd." by acquiring Qualcomm "might take action that threatens to impair the national security of the United States,". The order follows Committee on Foreign Investment in the United States' Investigation just hours after Hock Tan (Broadcom) C.E.O had a meeting with pentagon officials in order to save the deal. Broadcom has sought after a tie-up with Qualcomm for a considerable length of time. The takeover, which would have been the biggest acquisition the Tech industry had ev

Stitch Fix beats Analysts Estimates with its second quarter

Stitch Fix C.E.O Katrina Lake                                                                                                                                                                                                                                                     Image credit : San Francisco Business Times Stitch Fix, the online subscription and personal shopping service just posted a huge quarter with revenues of $296.2 Million which beat Wall Street expectations. An Interesting part of Stitch Fix is its recently launched feature called 'Extras', it was launched three weeks ago so it wasn't really mentioned in the company's recent Financial Results but this is a feature that is set to bring in a Huge chunk of cash for the company. This new feature allows customers to choose from a wide range of Accessories like bras and underwear which will be added to the box chosen by their stylists. A study from the notable Research Firm Second Meas

The Model 3 production was temporarily halted in late February

                                                                                                                                                                                               Tesla In late February, The Tesla Model 3 production was suspended in order to improve automation and systematically address bottlenecks according to Bloomberg. Model 3's production was halted from February 20 - 24 and was later resumed at Tesla's assembly plant in Fremont, California. The  Model 3 is the cool plan of C.E.O Elon Musk to bring the electric vehicle to the mass market but then it has gone through a number of setbacks as mass production is not stuff which is done easily. Musk has repeatedly pledged that the company will increase it production to over 5,000 models by June, this was actually originally promised in March. These setbacks and pauses will perhaps make the Model 3 a near perfect vehicle for the EV Mass Market and will heavily move the Industry fowar

Philips gives us 'The Outdoor Range'

                                                                                                                                                                                            Philips Philips today announced the "Philips Hue outdoor range". This product extends the light bulb system smart specs to the exterior from within the home. " Extending the Philips Hue range even further, from wall mounted luminaires, to spot lighting and pillar posts, Philips Hue’s outdoor range offers the freedom to extend Hue features and functionality to any outside area, be it a garden, terrace or balcony ." the company said in a press release. You can take your outdoor space to the next level with the Hue Outdoor Range by combining beauty with fun probable when relaxing, dining with friends, and perfoming other night outdoor activities. The Lily Base unit pack of this product will retail for $279.99 while the Calla bollard will go for $129.99, the white

Youtube TV's price is going up by $5

                                                                                                                                                                                                                                                                                                                                                                                                                           Image Source : Digiday Youtube TV has really grown since its launch last year, it now has over 300,000 users and is now readily available in nearly a hundred markets. Well Today is the last day for anyone interested in subscribing to get Youtube TV for $ 35 per month, the price has been increased to $40 per month and this takes effect as from Tomorrow. Youtube plans to add more live-streaming channels which results in the price hike which was announced last month, the added channels include CNN, Cartoon Network, TNT and and TBS. Users who have subscribed to Youtube TV as

The Facial Recognition Sunglasses Program is being expanded by the Chinese Police

                                                                                                                                                                                                                 Image credit: AFP/Getty Recently, The Chinese Police force has been testing Sunglasses with facial Recognition list to take on suspects and those travelling using false identities.  Police are now beginning to use this Technology in the districts of Beijing with an expansion program for China, states Reuters. The program was used as security when the Chinese parliament voted to increase President Xi's tenure to a lifetime which shows the increased surveillance and censorship in the People's Republic of China (which we really don't like), The Sunglasses where used to check travellers and match different car registration plates with the Chinese government's blacklist before the recently concluded annual meeting of the Chinese Government. The people on it&#

Apple Acquires Texture 'The Neflix of Magazines'

Image credit : Texture Apple Inc is acquiring Texture - the Digital Magazine Subscription Service which is known as the 'Netflix of Magazines' - the service lets users gain access to more than 200 magazines for a monthly fee. Apple's Eddy Cue said “ We’re excited Texture will join Apple, along with an impressive catalog of magazines from many of the world’s leading publishers ,” Mr Eddy also Added “ We are committed to quality journalism from trusted sources and allowing magazines to keep producing beautifully designed and engaging stories for users. ” One of the intersting points of this acquisition is that Texture is a joint venture from publishers Conde Nast, Hearst, Meredith, News Corp. and Time Inc which gives it a wide base of content to offer to subscribers. The Service is owned by Next Issue Media which raised $50 Million in 2014 from the global investment firm KKR. This might be an action on Apple's part to match digital competitors like

Dropbox sets share price in the $16 -$18 range as Salesforce Grabs huge chunk

Dropbox Co-founder Drew Houston                                                                                                        Image Credit : Funding Circle After Recently announcing an IPO in February, Dropbox has updated is S-1 filing with a new price. The company now expects to price its share between $16 - $18 when it raises $648 million by selling 36 Million shares on the Nasdaq stock exchange using the name 'DBX'. Dropbox has also confirmed that it will be selling $100 Million worth of shares to its new partner Salesforce right after the Public offering offering shares at a price equal to that of the public sale. This New share pricing values the cloud storage company between $7 Billion - $8 Billion as opposed to the $10 Billion valuation it got when it raises it's last venture round of a cool $350 Million. There has been no exact date set for the public offering as of now but that should be expected to come soon. Dropbox reported around $1.1 B

Tencent Video Grabs stake in 'New Classics Media' for $524 Million

Ma Huateng, Tencent C.E.O                                                                                                                                                                    image credit: Time Recently, Beijing Enlight Media confirmed that it has sold it's entire stake which consists of 27.64% of New Classics Media to a major affiliate of Tencent Media and Holding, Linzhi Tencent Technology. The Company signed an equity transfer agreement on the 10th of March to sell its stake to the industry fund which was set up by Tencent to grab the stake. According to a disclosure on the Shenzhen Stock Exchange, New Classics Media had a 2017 net profit of over $55 Million and revenue of over $263 Million, Tencent Video gains more control over its content base and gives the company an established advantage over its competition. A discussion of how to integrate New Classics' business with Tencent's bigger platforms will be held by the management of both comp

HP has announced the Elite Slice for Meeting Rooms G2

                                                                                                                                                                                                                                                                      Image credit : HP HP, today announced the Elite Slice for Meeting Rooms G2. The second generation of the Slice is intended for group rooms, with the organization saying that it foresees a 34% development in collaboration stations over the following year. Being that these gathering stations are smaller than full-measure meeting rooms, they require less demanding setup, with less dongles and wires. That is the place the Elite Slice comes in. There are two types, one made for Skype Room Systems and one for Intel Unite. The Elite Slice for Meeting Rooms G2 with Skype Room Systems accompanies a 12.3-inch FHD touchscreen, a Core i3-7100T or Core i5-7500T, 8GB RAM, and up to 256GB of inner stockpiling. It has 90dBa audio,

Google's App code reveals added controls for its Pixel Buds

                                                                                                                                              Image credit : Google's Smart headphones may be getting additional features that will comprise of custom gesture controls according to a review of code in its latest Google app Beta condition, according to 9to5Google. There are latent new features for double tapping on the right earbud (which posseses a touch sensor), new features for triple tapping and also a new in-ear detection feature which can pause your music when the right earbud is removed. As of now, double tapping the right earbud enables you to get notifications, or stop Google Assistant. The code also uncovers a conceivable new alternative to tweak the gesture to skip songs — an useful feature that is frustratingly absent. Triple tapping would enable users to turn the earbuds on and off manually, which would be so useful, given that there is no real way

Common Mistakes in IT Management teams

Most of the businesses need to manage a vast amount of data. The introduction of various technological tools in the market has enhanced data development. So, there is an increasing need for protecting the private data. While this data gets revealed, it will cause risk to the business. With the use of Cloud solution office 365 and other technological tools, the business owners will be able to decrease the operational costs. However, while you have started to deal with Information Technology infrastructure, there is a chance of making mistakes. Failure to secure online resources - Every knowledgeable employee has the right to access the documents and files from different sources. This information may include product details, customer data and financial details, and they have to be stored in the Information Technology systems. However, every organization is not prepared for protecting its data. Almost 68 % of corporations have considered a solution to prevent IT system dis

Quick And Easy Ideas For Email Marketing Strategies

Do you want to be able to promote your website and build fans giving your site more traffic? If so, then you're in the right place, this article will go over some information you can use to inform yourself what are the necessary steps you must take to promote your site through email marketing. Provide exclusive content in your marketing emails. By providing those on your mailing list with information not available on your site, your customers are more likely to read each message, and begin looking forward to them. Your customers will feel special and appreciated when they receive relevant information in your emails. Be certain you send correspondence only to those eager to receive it. Otherwise, you risk being known as a spammer. This type of random emailing can just cause a person to question whether they know you or your company, and they probably will end up caring less about your company if they run across it in the future. Oftentimes, these suspicious emails go strai

Lyft really grew it's active driver numbers in the year 2017

John Zimmer, Co-Founder and President of Lyft Apptopia, one of the best App intelligence solutions out there penned in a report that Lyft grew its (daily) active drivers in the US and Canada from an approximate of 100,000 in May 2017 to a whooping 613,835 in February 2018. This puts it just behind Uber coming with 768,796 active daily drivers in the same region. 2017 was very amazing for Lyft, in the show of Uber's troubles, it gained over 10% market share according to a report from Second Measure. On it's report, Apptopia says  " According to our US Audience Intelligence, 86.8% of Lyft Driver users are likely to have already installed the Uber Driver app." Anyways, Uber still takes a high lead on Lyft in Canada, the report shows that Uber has between 100,000 and 110,000 Canadian users while Lyft has just under 50,000. The list also notes that Both Uber and Llyft saw a decline in daily active users through the first two months of this year.

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Law: Ex-Quant Analyst Indicted For Front-Running Employer's Trades

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