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ZODIAC

Found 10 results

  1. Microsoft has overtaken Apple to become the most valuable company in the world and the two companies are still battling it out for the top spot. This has come after a gruelling week for tech companies, where the stock for major tech companies has been recovering. Microsoft reached a valuation of $814 billion as of Tuesday, while Apple's cap was slightly less at $805 billion. © Reuters The two companies are still battling it out and Microsoft's rise could be credited to its continued traction with cloud computing. The last time Microsoft secured a lead over Apple was back in 2010 whereas Apple became the first company in the world to achieve a $1 trillion market cap earlier this year. Amazon shortly followed while Microsoft is yet to achieve that milestone. © Microsoft Microsoft mainly caters to business which has attributed to the company's rising stock price, whereas investors have punished consumer-centric companies. Both Apple and Amazon are down 23 percent since the start of October. In the past, Microsoft fell behind Apple as computing needs moved from desktop computers to mobile devices such as the iPhone. This made Microsoft's dominance in the PC market null and resulted in a decline in stock price. Having said that, Microsoft now caters to businesses and even governments with its Azure cloud computing platform. According to Bloomberg “the rise of cloud computing changed Microsoft's fortunes about five years ago. Under Chief Executive Officer Satya Nadella, the company invested heavily in data centres and other infrastructure to run applications and store data for corporate customers.” Microsoft is now second behind Amazon Web Services in the cloud computing business, which has resulted in making the company one of the most valuable companies in the world. Source: Bloomberg
  2. Self-love is the only love that matters anymore, and a UK company totally gets it. This is Ariana Grande and her song Thank You, Next's impact. Just kidding. But, for real, a UK company named LELO UK is giving its employees extra four days holidays for an interesting reason. People need extra time to masturbate and the company is literally giving them offs to do that. Yep. Also, did you catch the name of the company? The entire thing is just a little too hilarious for Hindi-speaking people I'm sure. A company called LELO is telling to lelo, this is not something you see every day. Turns out the company is a *** toy brand and now I'm convinced a desi person started LELO and you can't change my mind. These 'self-love days' are allotted with the belief that it can help boost productivity and happiness in the office. This announcement came after the company carried out a survey of over 2,000 workers across the UK on what makes them feel fulfilled. As expected, the result showed that 78% of participants believe orgasms make them happier. I have one question, what makes the other 22% people happy? Moreover, 66% of the people surveyed claimed they are more productive after having an orgasm and 40% believed that productivity can last up to 5 days after the orgasm. Rachael Nsofor, a spokesperson for the company, said, “Being sexually fulfilled and satisfied is something that we at LELO UK feel is a basic human right and it's completely free!” “As a result of this research, we're delighted to introduce a new initiative where we are offering our UK employees the opportunity to take up to four days a year as a 'self-love day'.” There are a few reactions about the name of the company and the news – by Indians, of course. Company ka naam bhi Lelo hai ð¹ð¹ pic.twitter.com/dyFJGegJG8 — SwatKat- The dancing humanð (@swatic12) November 19, 2018 A very valid question. What if employee takes masturbation leave, and gets laid somehow...... Will that be cheating or over performance ???? They should rename the company to "khud hii ki lelo". ðððð — arey bhai (@side_ho_jaa) November 19, 2018 Everyone should. I support such companies https://t.co/5IirBK4sLj — à¤à¥à¤¶à¤² मà¥à¤¹à¤°à¤¾ (@kushal_mehra) November 19, 2018
  3. Apple is on a roll when it comes to earnings and revenue figures as the company recorded a 29 percent increase in its fourth fiscal quarter. The company earned its overall target of $62.9 billion and exceeded expectations for the quarter. © Apple Even though there has been no change when it comes to unit sales year on year, the company managed to increase its revenue thanks to higher prices for its products. The company introduced its first $1,000 iPhone last year and the price hike seems to be working when it comes to earnings. The company doubled down on its highly priced product strategy this year with the launch of iPhone XS, iPhone XS Max and iPhone XR. Apple also expanded its portfolio earlier this week with a brand new iPad Pro and MacBook devices. Apple has increased the price of the MacBook Air to $1,199 ($999 previously) and the same can be said about accessories like the 'Apple Pencil 2' and the Smart Keyboard. © Akshay Bhalla_MensXP The record revenue from higher priced products proves that Apple's customers don't care about the price hike and are still shopping Apple's offerings. According to Apple chief financial officer Luca Maestri, the iPhone X, iPhone 8 and iPhone 8 Plus had a combined 98 percent satisfaction rate among customers. This resulted in the iPhone raking in 59 percent of Apple's total revenue last quarter. Apple saw revenue increase not only in the products segment but also services. Services such as Apple Care, Apple Music, cloud services and the App Store also raked in $10 million in revenue last quarter. "Services are important not only because they are growing faster than some of Apple's traditional device categories, but also because services revenues grow based on usage, not new product sales," said Avi Greengart, research director at GlobalData. "As smartphones mature and consumers hold onto them longer, Apple can still improve the user experience — and make money — by making what you already have more useful.” According to a report by our sister website Economic Times, Apple's net profit in India jumped to Rs 896.3 crore for the fiscal ended March 2018. “The company saw its total income (including other income) rising about 12 per cent to Rs 13,097.6 crore in FY2018 from Rs 11,704.3 crore” the report said.
  4. 'Mass-bunks' were a huge rage in our college days. Missing classes to go for movies or just hang out with friends in Hauz Khas village was a huge deal back in the day, and something that we majorly miss in this competitive corporate life. But, clearly, some desi engineers don't miss 'mass-bunks' even at work. While most of us are busy getting our Diwali leaves approved, 236 desi engineers once went on a 6-week (or 47 days approx.) mass-bunk and were recently fired for the same. © Pexels This incident happened in Pune, where the company ZF Steering & Gears India, a German-based auto parts manufacturing firm fired as many as 236 engineers for not showing up to work without any prior notice. The employees were absent from December 2, 2017 to January, 19 2018. According to a report in Business Today, the company stated in a release that the concerned employees were found guilty of 'misconduct'. "The Company finally decided to terminate the employment of these 236 employees with effect from 26/27th October, 2018. All the concerned employees have been paid their due amount under the provisions of law." © Pexels ZF Steering & Gears India manufactures and supplies ball and nut integral hydraulic power and roller mechanical steering systems, and some of their major clients are Ashok Leyland, Tata Motors, Mahindra & Mahindra and Volvo Group to name a few. Obviously this decision didn't go down too well with the terminated employees. Reportedly, the workers strongly protested against the decision and claim that they were fired not because of the 'mass-bunk', but, for forming a workers' union. Having said that, let's get back to begging our managers to approve our long-pending leaves because 'mass-bunk' is not an idea we should take example from.
  5. Last week, Apple crossed the US$ 1 trillion mark in terms of market capitalization, becoming the first publicly traded American company to reach this milestone. While oil and natural minerals have always been the most-sought commodity since mankind's inception, none of these industries have ever recorded a trade this huge. Apple is immensely popular today, its mobile operating system, iOS, has a market share of almost 19 per cent worldwide. Unlike Google's Android, iOS only runs on iPhones, and Apple releases just a couple of them every year. While it may not be dominating the personal computer and laptop segment in terms of market share, it sure has a majority chunk of the premium sales. MacBooks have been the go-to choice for users around the globe, and just like iOS, officially, only MacBooks runs on MacOS. © Apple Post Apple recently has also taken over the smartwatch market by storm, making a huge dent in the sales of well-established brands like Fitbit and Jawbone. This company has a history of releasing very few products but selling an unimaginable quantity of it. But, did you know Apple was near bankruptcy in 1997? Its computers just weren't selling and had to take an investment from Microsoft to survive. © Reuters In 1997, Steve Jobs was brought back to Apple after the acquisition of Next Computers. Back then, the company had just 90 days of operational funds left and had cut a third of its workforce. Jobs immediately secured a US$ 150 million investment from Microsoft and got an assurance from Bill Gates that Microsoft would support its Office products for the Mac for five years. © Apple / Wikipedia In return, Apple dropped a major lawsuit against Microsoft alleging copy of user interface and experience of the MacOS for Windows. A year later in 1998, Apple launched the iMac G3, which was an all-in-one desktop computer that was designed for domestic consumption. It was a staggering hit, and Apple was back in business. The iMac was a hit because competing products from IBM, HP and others were too bulky and complicated to use. The iMac was just a single unit product, looked well designed and had a first of its kind OS. In the coming few years, Apple invested heavily in the mobile audio industry. The iPod was released in 2001, back then mobile audio players were very bulky, required a cassette or CD and the Walkman was still trending. Apple completely digitized the record industry by launching iTunes in 2003. Since the first generation iPod, the company continued releasing newer and improved variants like the Mini, Nano, Shuffle, and Touch. In 2007, Apple announced it had sold its one-hundred millionth iPod. In the same year, Apple announced the iPhone. Just like the iPod, the iPhone was revolutionary and made for the young audience. While competitors were making the chunky BlackBerry and Nokia, Apple was selling a sleek touch-enabled phone. © Apple Since 2007, iPhone sales have steadily increased worldwide and while competitors like BlackBerry, Nokia, and Motorola are nowhere to be seen today, Apple rules the premium smartphone industry. One thing that has always remained constant in all Apple products is compatibility. User experience and the ease of sync between every product line, has been the core reason why people have bought more and more Apple products. While many consider this to be a drawback, Apple's bubble ultimately provides more value to the user in the longer run. © Apple While Apple has majorly built its empire on B2C (business to consumer) selling, it has made sure that its offering is unmatchable by competition in terms of end value, quality, and experience.
  6. WhatsApp has announced the launch of its first revenue-generating channel and it's not as simple as just serving ads. The instant messenger was acquired by Facebook, and since then it was always expected that ads will be coming to the app sometime in future. For now, a WhatsApp spokesperson has confirmed TechCrunch that the chat app is planning to run ads inside the Status tab of the app. The ads will be powered by Facebook's native advertising system and will "help familiarise users with business" on WhatsApp. Starting from 2019, WhatsApp will start showing ads in the Status tab. © Reuters Currently, Facebook is also using the same technique on Instagram to push ads. While they are natively shown in the feed as well as stories, when it comes to WhatsApp, there are concerns surrounding the use of chat history for ad targeting. Thankfully, WhatsApp has firmly always said that all chat content is encrypted and cannot be viewed by the company itself. On the other hand, the company is also launching new Business APIs that will let businesses respond to messages from users for free for up to 24 hours. After the 24 hour period, companies will be charged for sending messages to the users. © WhatsApp What this means is, you can soon expect companies to start contacting you via WhatsApp Messenger instead of normal text SMS. BookMyShow has been running a pilot for quite a few months in India wherein it sends the booked ticket details over WhatsApp. In the same way, even Myntra has been trying to send out order confirmations and updates via the instant messenger. According to the company, there is a fixed rate per country for messages delivered via WhatsApp and that price vary significantly per country: “In general, the range for these messages is roughly half of $0.01 to $0.09 per message delivered.” © Reuters WhatsApp has been free to use since its inception, while the company did charge a nominal fee in the early stage, it soon stopped the subscription model and has been completely free to use since then. The app has 2.23 billion active users worldwide and is the top instant messaging choice for everyone. Source: TechCrunch
  7. Apple has officially become the world's first trillion-dollar company as a rise in its share price made it all possible. Apple was able to beat its closest rival i.e. Amazon as Apple's share price reached $207.05. (c) Reuters The company sells everything - from the iPhone to services that was co-founded by the late Steve Jobs in 1976. The feat was accomplished a day after Apple published the company's financial results. Apple's share price has grown by 2,000% since Tim Cook replaced Jobs as the chief executive seven years ago. The company has been able to hit $1 trillion in total value 42 years after it was founded. The company managed to rake in profits of $11.5 billion in three months with a record sales of $53.3 billion in revenue. To put things into perspective, Apple generated less than $20 billion in sales before the first iPhone launched in 2006. (c) MensXP Apple could, however, lose its top position to other tech companies like Alphabet (Google) or Amazon if the company is unable to introduce a groundbreaking product or service this year. Companies don't necessarily have the same number of shares over time as they frequently buy back some of its own shares to boost up the stock price. This, in turn, reduces the number of outstanding shares which generally increases the value of each share. For now, Apple is the world's first publicly traded trillion dollar company and we can only wait to see if the company can maintain this momentum or get overtaken by one of its competitors.
  8. A few days back, Amazon kicked off its annual sale across the globe, Prime Day. The sale surpassed all prior sales records in the e-commerce giant's history, including every Black Friday and Cyber Monday. Prime users worldwide ordered more than 100 million products during the sale in a span of just 36 hours. To top it off, the most sold products were Amazon's own Echo Dot speaker and Fire TV Stick. © Reuters Amazon's stock has climbed steadily and reached a record high of US$1,858.88. The company's market cap has now exceeded US$ 900 billion, trailing behind Apple. Apple is currently the largest company in Wall Street with a market cap of almost US$ 950 billion. The calculations for Apple and Amazon's market capitalizations are based on the number of shares outstanding in their March-quarter reports. The increase in stock price has also made its founder and CEO Jeff Bezos the richest man on the planet in modern history. His net worth is now valued at a whopping US$ 150 billion. Jeff Bezos is followed by Microsoft founder Bill Gates, who is a distant second with a net worth of US$ 93.5 billion, followed by Warren Buffet at US$ 83 billion. © Reuters Bezos currently has a 16 percent stake in the company and also heads another company, Blue Origin. Amazon's business isn't just about online shopping now, the company has rapidly expanded into streaming via its Prime subscription model and is slowly rolling out hardware products as well. Alexa is a smart assistant powering the Echo speakers and is available on smartphones as well. AWS (Amazon Web Services) is another business that has been booming since the last few years. The division provides large scale servers for enterprise level requirements and is likely to grow 45 percent a year through 2020. © BCCL Amazon has also been undertaking large-scale acquisitions including Whole Foods for US$ 13.7 billion, Twitch, Goodreads, IMDB, and Zappos. Bezos too has a wide portfolio of investments in other companies like Twitter, Airbnb and Stack Overflow. Amazon, video streaming service Netflix and a handful of heavyweight technology companies have been rallying their stocks in the last few years. In May, information technology stocks contributed 76.5 percent of the S&P 500 return, according to S&P Global. Source: Reuters
  9. Smartphone companies have always been battling amongst each other to innovate or create a product that may sway customers towards them. Some companies rely on offering competitive prices while others try to innovate. Innovation as a word is thrown around by presenters and company representatives, however, only a few are able to achieve that. Apple innovated with the introduction of Face ID while other companies simply copied the concept. © BCCL Having said that, there's a new player in town that is making waves more than any other smartphone company in the world. It could be argued whether this company is innovative or not, however, there is one thing for certain — creative. BBK electronics, the holding company behind companies like Oppo, VIVO, and OnePlus have been selling smartphones like hot cakes in India and China. The company shipped 39 million devices in 2016 alone, and is now looking to disrupt the smartphone market with clever features and creativity. How the in-display sensor works on the #vivox21. Been playing with the phone for a week and I'm surprised to see this new technology already in mass production. The phone is the first of its kind and will be available to buy from 29th May #vivox21 #smartphones #gadgets A post shared by Akshay Bhalla / Høax (@editorinchief) on May 29, 2018 at 1:39am PDT BBK electronics has managed to launch an under the display fingerprint sensor on its VIVO branded smartphones while being creative to solve common smartphone problems. In the age of full view displays, smartphones companies have found it very difficult to launch a product that is truly bezel-less. Apple launched the iPhone X with a notch while others simply copied the concept. © BCCL Oppo and Vivo managed to creatively tackle this issue with a creative idea. Smartphones were unable to achieve a truly bezel-less display, simply because companies could not figure out where to stick the selfie camera. Some tried to place it at the bottom while others just adopted the notch. Both Oppo and Vivo managed to hide the selfie camera in a very creative manner. The concept isn't new, but BBK electronics managed to hide the selfie camera by using mechanical moving parts. © YouTube Both companies i.e. VIVO and OPPO have showcased the 'NEX' and 'Find X' where both smartphones were able to achieve a full view display without any bezels. This was possible because of the selfie camera that would pop-out whenever needed. The Vivo NEX and Oppo 'Find X' both have Full View displays, no visible selfie camera, no notch and a near-non-existent top bezel. That's more than what Samsung and Apple can say about their products. What's impressive is that BBK electronics has managed to mass produce these concepts in no time and is already making its way to the Indian smartphone market. Sure it can be argued that Apple's Face ID is nearly perfect and doesn't require a feature like this on iPhones, however, we can confidently say that the competition is being damn creative.
  10. Islam has served as the chairman of the Saaf Pani Company, and is accused of having awarded contracts for 84 water treatment plants at a higher price-Photo: FileLAHORE: An accountability court on Monday extended the remand by 14 days of Pakistan...
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