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Yahoo-Verizon Deal Set to Close June 13

by Loknath Das
written by Loknath Das

Yahoo-Verizon Deal Set to Close June 13

HIGHLIGHTS
Verizon-Yahoo will be completed on June 13
Verizon had announced last year to buy Yahoo’s Internet business
It later asked for a discount of $350 million for the Yahoo deal
Yahoo shareholders voted Thursday to back the sale of the company’s Internet business to Verizon, clearing the way for the deal to close June 13.

The California Internet pioneer said approval came at a vote held at a special meeting of stock owners.

Verizon’s Internet division AOL and Yahoo will be combined into a unit called Oath.

Tech news website Recode reported this week that as many as 1,000 jobs could be shed as redundant positions get eliminated at combined AOL and Yahoo operations.

A price cut early this year kept Verizon on track to consummate the purchase of Yahoo’s internet business, and share the costs from a pair of epic hacks that threatened to derail the deal.

Yahoo slashed the price of its core Internet business by $350 million.
Under revised terms of the delayed deal, Verizon’s purchase of Yahoo assets will total $4.48 billion.

Yahoo announced in September that hackers in 2014 stole personal data from more than 500 million of its user accounts. And in December it admitted to another cyber-attack from 2013 affecting more than a billion users.

The US Justice Department charged two Russian intelligence operatives and a pair of hackers over one of the largest cyber-attacks in history, which had apparent twin goals of espionage and financial gain.

The deal with Verizon will end Yahoo’s run of more than 20 years as an independent company.

Yahoo is selling its main operating business as a way to separate that from its more valuable stake in Chinese internet giant Alibaba, which will become a new entity, to be renamed Altaba, Inc., and will act as an investment company.

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Tags: Verizon, Yahoo, Yahoo Verizon Deal, Internet, Apps, Yahoo 2014 Hack, Yahoo Hack

[“Source-smallbiztrends”]

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Internet

13,000 Train Ticket Reservation Counters to Get POS Machine13,000 Train Ticket Reservation Counters to Get POS Machines

by Rajdeep
written by Rajdeep

13,000 Train Ticket Reservation Counters to Get POS Machines

To encourage cashless transaction, Railways will install card swipe machines at parcel booking offices and all ticket reservation counters in all major stations.

Besides POS (Point of Sale) machines will also be installed at suburban railway stations to help people purchase seasonal and monthly tickets by using debit or credit cards.

There are about 13,000 counters for ticket reservation and 14,000 counters for unreserved tickets across the country.

We have written to banks for installing POS machines at reservation counters in the first phase and then at unreserved counters, said a senior Railway Ministry official.

He said there is a need for installing card swipe machines at parcel booking offices also as considerable amount of transaction takes place on regular basis.

Railways through its suburban railway network will provide incentive by way of discount up to 0.5 percent to customers for monthly or seasonal tickets from January 2017, if payment is made through digital means.

Nearly 80 lakh passengers are seasonal or monthly ticket holders on suburban railways and they largely use cash to purchase tickets.

As more and more passengers will shift to digital means the cash requirement may get reduced by Rs. 1,000 crores a year in near future.

To give incentives for online ticket booking, railways will offer free insurance cover up to Rs. 10 lakhs.

Around 14 lakh passengers book railway tickets everyday out of which 58 percent tickets are brought online. It is expected that 20 percent more passengers may shift to digital payment methods for buying tickets.

[Source:- gadgets.ndtv]

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Blogging

Friday Catapalooza Blogging – 13 April 2018

by Loknath Das
written by Loknath Das
As you know from Monday’s photo, I was in San Pedro last weekend—and the particular area of San Pedro I was in turned out to be teeming with cats. By coincidence, I also got an email from a reader who wanted more cats, please. So here you go: the cats of San Pedro. Three were sociable and three were not. Can you figure out which is which?

April 7, 2018 — San Pedro, California

FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn’t fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation so we can keep on doing the type of journalism that 2018 demands.

[“Source-motherjones”]

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Gadgets News

Google Pixel Now With Rs. 13,000 Cashback but Is It Worth It?

by Loknath Das
written by Loknath Das

Google Pixel Now With Rs. 13,000 Cashback but Is It Worth It?

HIGHLIGHTS

  • Pixel is available at an effective starting price of Rs. 44,000
  • However it still isn’t the best value for money
  • It’s worth considering only if you absolutely must have stock Android

The Google Pixel and Pixel XL are now available in India at a steep price cut via Flipkart and other retailers across the country thanks to a cashback offer. Now, this usually means you get your money back for purchases made via credit or debit cards issued by specific banks. But in a refreshing change, the Pixel and Pixel XL purchases made via cash will also be eligible. What this means is that you get a Rs. 13,000 instant discount on the smartphones.

A prominent retailer told Gadgets 360 that the reason why the phone is getting such a big discount is because there’s a lot of unsold inventory in India – a stark contrast to the US where the phones can’t be found. But are the Google Pixel phones worth buying at the new price, nearly seven months after their release?

 

The Google Pixel and Pixel XL have last year’s tech

At launch the Pixel and Pixel XL were the fastest in their class, toting the then top-of-the-line Qualcomm Snapdragon 821 SoC along with integrated Adreno 530 graphics, 4GB of RAM, and either 32GB or 128GB of internal storage. The Pixel XL has a 5.5-inch 1440×2560 pixels display, while the Pixel has a 5-inch panel at 1080×1920 pixels.

Seven months later, Google’s flagship isn’t really flagship material any more. The Samsung Galaxy S8and S8+ (review) both sport far more processing power, and they’re not alone. Xiaomi had launched the Mi 6 with faster, more efficient internals as well, and OnePlus’s new flagship is said to be around the corner as well.

At the same time, flagships from brands like LG and Sony, while also sporting last year’s internals have made some interesting strides in camera tech, with the LG G6 sporting a dual camera setup and the Sony Xperia XZs cramming in a Motion Eye camera system, which essentially shrinks the tech found in cameras such as the Cybershot RX10 III, to fit inside a smartphone.

The Google Pixel and Pixel XL look dated

The newest flagships are moving to sleek bezel-less designs, as we saw at the launch of the Samsung Galaxy S8 and S8+. Google’s own industrial design looked familiar months ago, and it seems plain outdated today. Plus the mix of glass and metal on the back gives it an unfinished, inconsistent feel. All of this results in smartphones that are chunky, and even boring, considering what else is available in the price range today.

 

Even after a Rs. 13,000 price drop, the Google Pixel and Pixel XL are still expensive

Speaking of the price range, the Google Pixel carries a maximum retail price of Rs. 57,000 for the 32GB storage variant; if you want more storage, you’re going to have to put down Rs. 66,000. The Pixel XL Rs. 67,000 and Rs. 76,000, for the 32GB and 128GB models respectively.

The cashback offer means the Google Pixel will be available at an effective starting price of Rs. 44,000, which isn’t too bad. But most flagships with comparable specs have gotten deeper price cuts at the time of writing.

These include the LG G5 (Rs. 31,600), HTC 10 (Rs. 37,600), and the Sony Xperia XZs (Rs. 38,468), while the likes of the OnePlus 3T were cheaper than the Pixel and Pixel XL from launch itself, and continue to be cheaper even now.

Seven months after launch, some of the Google Pixel and Pixel XL’s biggest problems haven’t been fixed

In the smartphone world, seven months is a lifetime. Despite touting a best in class camera, its lens flare issue is yet to be resolved. In addition to this, Bluetooth pairing is still inconsistent and batteries in some units are prone to early shutdown. Don’t expect Google to be supportive either with some suggesting that after sales service, at least in India isn’t quite capable of fixing all issues.

For all of these reasons, it’s hard to justify a Google Pixel or Pixel XL today, even after the price cut. The only reason could be knowing that you’ll get the latest versions of Android ahead of everyone else – at least until October 2018. If that’s enough of a reason for you to spend at least Rs. 44,000, then your choice is pretty simple; for everyone else, the Pixel phones need to go the extra mile to get us on board.

[“Source-gadgets.ndtv”]

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