Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts

Friday, April 18, 2014

Mark Zuckerberg: Facebook is Still Innovating

Facebook is still innovating, explained CEO Mark Zuckerberg, after pinpointing the failures of the successful social networking site.
Despite the undeniable success of Facebook, Zuckerberg said that he and his team have experienced some failures along the way including the homemade features of the social networking site, Facebook Home and Graph Search.
Since WhatsApp, Instagram and other companies Facebook acquired have been more successful, the social networking site's ability to innovate was called into question.
In Graph Search's defense, Zuckerberg explained that it was more of a long-term investment than Facebook Home.
As a semantic search engine, Graph Search is designed to provide users with answers to their natural language queries instead of a list of links.

According to Zuckerberg, modern search products have so much built in to Graph Search and it would take a five-year investment to see the benefits and the differences.
He claimed that they have done these milestones, the first of which was the ability to search over structured connections on Facebook. This ability, Zuckerberg added, was important both as a consumer product and as infrastructure being used inside the company.
Zuckerberg said that he is not worried about the next focus, which is to have searching posts not only on desktop but also on mobile, which he sees as a five-year endeavor.
The real question, according to the Facebook CEO, is the effectiveness of searching posts on mobile once post-search works, Daily Tech reported.
Prior to this, Zuckerberg has also recently expressed his interest in dismantling his $150 billion social media company.
In order to overhaul the way Facebook distributes it services, Zuckerberg started Creative Labs in 2014. With this new venture, Facebook is unbundling the big blue app.
Facebook is planning to splinter into smaller and more focused services, a strategy that has something to do with how people use mobile phones, Yahoo Financereported. 
Source:

Friday, April 4, 2014

Summoning Samsung chief extreme step, to hurt investment: Anand Sharma

NEW DELHI: Describing Supreme Court's direction asking Samsung Electronics Chairman Lee Kun-hee to appear before a Ghaziabad court in a cheating case an "extreme step", Commerce and Industry Minister Anand Sharma today said it would adversely impact investment and business climate. 

"Samsung is one of the largest companies of Korea and it has huge presence and investments in India...it sends a very negative message and will definitely adversely impact the investment and business climate. 

"But the courts have to take a view. I feel that such extreme steps will send shockwaves amongst the corporate world. That should be avoided. The concerned authorities need to be very careful and exercise caution," he said. 

Earlier in the week, Supreme Court had directed Samsung Electronics Chairman Lee Kun-hee to appear before a Ghaziabad court in a 1.4 million dollar cheating case filed against him. 

Sharma said companies function in an executive hierarchical manner and their chairmen should not be summoned in case of complaints. "This is my view...it sends a very negative message," he added. 

Meanwhile, B D Park, Managing Director, Samsung India and and CEO of company's south-west Asia operations, met DIPP Secretary Amitabh Kant. He was accompanied by Samsung India Deputy Managing Director Ravinder Zutshi. 

A Supreme court bench had passed the order on an appeal filed by Lee challenging the Allahabad High Court's order dismissing his plea for setting aside arrest warrant issued against him. 

The order was passed on a complaint filed by an Indian company, JCE Consultancy, against Lee in the Ghaziabad court for allegedly cheating it of 1.4 million dollar. 

Lee had then approached the high court and the Supreme Court for quashing of FIR against him but his plea was rejected by both the courts earlier. 

The trial court, thereafter, issued arrest warrant against him for not appearing before it in the case.

Source:
economictimes.indiatimes.com

Tuesday, March 11, 2014

Jawbone UP24 Fitness Tracker Now on Android

Jawbone today released an Android version of its UP app, which pairs with the recently released UP24 wristband.
The bracelet connects seamlessly with any Android device to help users understand how they sleep, move, and eat.
"We believe that helping people understand the context and meaning of their data is key in helping to make sustained behavior changes," Travis Bogard, Jawbone vice president of product management and strategy, said in a statement.
Those changes can be made through better knowledge of your everyday life, which is synced wirelessly via Bluetooth Smart between the band and the UP 3.0 app for Android. Users also receive continuous feedback and in-the-moment notifications to help achieve goals.
Jawbone UP24
"Through our investment in data science we have been able to provide personalized insights to help nudge people to meet their sleep or activity goals," Bogard said. "Now with the launch of UP24 on Android, our entire community can enjoy the benefits of these insights in real-time, with continuous feedback and in-the-moment notifications to help them achieve their goals."
Built for 24/7 wear, the UP24 wristband is covered in hypoallergenic, medical-grade rubber, with a new textural design "that's comfortable enough to wear throughout each day and night," the company said. It also sports a USB power adapter, but with a battery that lasts seven days, you'll only need to charge it once a week.
The UP by Jawbone 3.0 application is now available in 12 languages as a free download in the Google Play store.
"Android users have been incredibly active in the UP community, and we're thrilled to bring UP24 to the Android platform," Bogard said.
The UP24 launched in November with a companion app for iOS for $149.99. It's on sale now in red or black. For more, check out PCMag's roundup of The 25 Best Fitness Apps.

News Source: www.pcmag.com

Copyright @ 2013 Best Tech. Designed by Templateism | Love for The Globe Press