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Yandex’s Driver-less Cars are Out Running on the Roads of Moscow

The Google of Russia, and the most used search engine of Russia, Yandex, is doing way beyond a search engine must do. The largest technology firm of Russia started its journey by setting up a search engine in the late 90s and by the end of 2018, it has spread its wings in other fields too. On Tuesday it announced the launch of a self-driving autonomous taxi service, that will soon run on the roads of Moscow.

yandex
Image Source: hearstapps.com

Yandex launched the prototypes of the driverless cars last year, in the month of May, and had already announced Europe’s first autonomous taxi service, back in August this year. The self-driven cars, Waymo by Google, are already running in Silicon Valley, and a launch of such cars out of Silicon Valley is a big achievement for Yandex.

Yandex initially will have two types of vehicles, based on the driver-less technology, and will run in the 400-hectare region of Skolkovo, in the Innopolis technology park. The car will have fixed fares for particular destinations, and the user can choose the destinations through an app, on their smartphones.

The self-driven cars by Yandex have sensors, video cameras and lidar, that enables the cars to judge the distance from other cars and other obstacles, using lasers. The odometry, used in the car, calculates how much the tyres of the vehicle have moved, and in which direction. The vehicle is embedded with the technology, that can identify the traffic lights, road marking, and the road signs. The vehicle can also predict the next situation as according to the makers, no one follows all the rules properly, so the car must be intelligent enough, to plan and predict the next step, that must be executed to avoid any type of mishappening.

Although the car has been tested with all its features and is good to go, for now, there will be a human driver sitting on the other seat of the car, to take over the driving at the time of emergency. The driver will be removed soon from the car, and Yandex is planning to reach out to more places, in Russia, where it can impose those self-driven cars. It is also planning to make the technology compatible with different brands cars.

The Festive Sales Came to an End, Earning Double Profits For Flipkart & Amazon

flipkart-amazon-sale
Image Source: theweek.in

The festive sales in India, inspired by the Singles Day event in China and the Cyber Monday in the US, have been repeated a few times now. Flipkart’s Big Billion Days Sale was the first of its kind (India), that was organised in October 2014. The five days sale of Flipkart, and the six days Amazon’s festive sale, has come to an end, and after the sales, Flipkart has claimed its 70% market share in the Indian e-commerce market, and likewise, Amazon has also recorded a huge profit in the sales. In fact, both the companies have earned double of the profits they had gained in the previous year’s sale.

The profits, that Amazon has earned in this festive sale, have registered its best-ever performance, nearly equal to the Flipkart’s Big Billion Days Sale. Although Flipkart is still in lead, Amazon’s India head Amit Agarwal reportedly said that the sale has given outstanding results, and has gained more profits, before the end of the sales. Also, it has surpassed all the expectations. He also said. “There are two specific areas, where we pay particular attention to, which is: the new customers and the reach of those customers, and Prime member sign-ups.” The sales added 80% new customers from the rural area to the Amazon customer base, and there have been new sign-ups for Amazon’s Prime Membership. According to the reports, Amazon sold 1 million Xiaomi smartphones, and also, the one plus phones worth 400 crores, in a day.

On the other hand, Flipkart has gained two times more profits than the previous year’s sales, fashion products playing the most vital role in it. It also sold 3 million smartphones on a single day and has claimed 85% shares in the smartphone market on that same day. A Flipkart spokesperson said, “Gross merchandise value (GMV) grew 80 per cent over the last year, whereas units grew by close to 2X year-on-year.” According to Flipkart, the BBDS 2018 has smashed all its previous records. It also gained almost 50% more customer base for Flipkart and welcomed 25 million visitors on its app, on one of the sale days.

Both Amazon and Flipkart had introduced EMI and other new payment options to attract more customers from the rural areas of India. And, based on the sales, one must say that both have achieved beyond the targets. Along with Amazon and Flipkart, other e-commerce sites including Shopclues, Snapdeal and Paytm Mall also organised their festive sales and has seen a surge in their profits this year.

India Gets its Google One Cloud Storage; Monthly Subscription Starts at Rs. 130

Google Cloud
Image Source: entrackr.com

Google offers a 15 GB free storage to all of its users, but, on 15 August 2018, it launched its paid cloud storage Google One. Google One is a monthly storage plan for the users that is available for on the usage of all of its products such as Google Drive, Gmail, and Google Photos. At the time of its launch, it was only accessible for the US citizens, but Google had planned to make it available for the users worldwide, India being its priority.

Last week, Google, finally, launched its monthly subscription plans, for its Indian users. The basic plan for the cloud storage starts from Rs 130/month and is expendable to Rs 19550/month. In Rs 130, the user will get 100GB of cloud storage, for a month. It was assumed that the Indian audience will get those subscription plans at a cheaper price. But, the price is almost the same as the plans offered to the US citizens.

The Google One, cloud storage subscription plan, for India, includes 200GB storage at Rs 210/month, the 2TB plan at Rs 650/month, 10TB plan for Rs 6500/month and the 30TB plan at Rs 19,500/month. In the US, the 100GB storage plan costs $1.99/month, 200GB plan costs $2.99/month, 2TB plan is for $9.99/month, 10TB storage plan for $99.99/month, a $199.99/month for the 20TB storage plan, and 30TB storage is for $299.99/month.

Google’s cloud storage also offers two months free storage on some selected subscription plans. According to the offer, a 12-months plan subscriber will get a two months free storage. The user has to make the payment through the Google Play app. The ones who will take the 12-months subscription plan will have to pay only for ten months of the subscription. Also, the users can share the storage with five other members of their families. Google has also provided its cloud storage subscribers with one-tap access to experts help and perks like Google Play credits and offers on hotel deals when the user searches and books hotel on Google apps.

Tata Takes the Initiative to Appoint the Third CEO of AirAsia India

AIRASIA
Image Source: thehindu.com

AirAsia India, after much controversies, appointed its third consecutive CEO, again from a non-aviation field. Sunil Bhaskaran, who is currently working as the Vice President of Corporate Services at Tata Steel, will take over as the CEO of AirAsia India from 15 November 2018.

The AirAsia India was founded five years ago in 2013, having appointed its first CEO, the then head of an advisory firm Egon Zehnder International, Mittu Chandilya. Chandilya was also from a non-aviation field, and it brought him many challenges, too. At the time he got caught into a controversy, involving the employment of a lobbyist to get an aviation rule revised.

The second non-aviation CEO of AirAsia India, Amar Abrol, was appointed in April 2016, replacing Mittu Chandilya. Abrol was working as the head of a start-up company, before joining as the CEO of the airline. In May 2018, he left the position of the CEO to accept an important position at the parent company of AirAsia India, in Malaysia.

Bhaskaran is the first CEO of AirAsia India, appointed by Tata Sons. Tata Sons holds 49 per cent shares in AirAsia India, as much as the AirAsia holds itself. CBI had registered a case against Tony Fernandes, the founder of AirAsia group, earlier this year. The appointment of the new CEO by Tata shows the shift of control. Tata Sons are also planning to buy the left two per cent shares of the company that is under Venkataramanan (Tata Trusts trustee) and Ramadorai (Chairman AirAsia India).

Bhaskaran had started his career as a management trainee, at Tata Steel, in 1987, and continued working with the company, for over 40 years. Placing a non-aviation CEO, for the third time, can be a mistake. But, as Tata is trying to get a grip on the company, AirAsia India maybe benefitted with that. Although, in the past one year, the company has generated much more revenue as compared to earlier years. Last year, it had gained a net profit of Rs 13 crore, and the company expanded its airline’s fleet to 19 aircraft.

Bitcoin Drags Down the Fellow Currencies with its Own Price Drop

bitcoin
Image Source: mashable.com

Bitcoin successfully being steady at a higher value for a few months has faced a price drop in its value. Bitcoin is the largest cryptocurrency, and on Wednesday it experienced a sudden plunge in its value, shedding $400 within 30 minutes.

According to the CoinDesk data, the Bitcoin’s price drop has wiped billions of dollars from its market capitalization within minutes. It has also affected the values of other cryptocurrencies including Ripple (XRP), Ethereum, EOS, Stellar and Litecoin, dragging the value of each of them down, losing billions of dollars.

Bitcoin had attained a stability in its value, as recorded at the beginning of the month, the fall it has experienced has hit its 17-months volatility. The volatility comes when the value of the cryptocurrency gets into a state of stability, to end its stable trading. Also, the cryptocurrency trading by the whales (the people holding a huge share of cryptocurrency), also affects the price change of the cryptocurrency.

Bitcoin was having this stable state since September 17. The value of Bitcoin was above $6600, in the past week and has decreased sharply to $6,125. However, after some time of the price drop, Bitcoin recovered its value to an extent and reached briefly to $6,200.

The International Monetary Fund (IMF) had already published a warning that the rapidly growing value of the cryptocurrency assets can create “new vulnerabilities in the international financial system”. The warning came to be true when Bitcoin’s value dropped to 4.65 per cent, over the 24 hour period. Bitcoin, with its price drop, is hardly maintaining any gains this month. In just thirty minutes the cryptocurrency market capitalization fell from $214 billion to $205 billion.

Google Unveils the Pixel 3, Pixel 3 XL & a New Chrome OS Tablet

After much of the leaks of Google’s Pixel 3 phones, finally, Google has launched the new smartphones in an event, held in New York City, yesterday. The new Google collection unveiled at the event includes two new Pixel phones, a new Chromebook and a new Google Home Hub, along with a few accessories.

The new, third generation Google Pixel smartphones, the Pixel 3 and Pixel 3 XL, have bigger screens than the last year’s Google Pixel phones. The smartphones have a front and back glass finish, giving them more premium look. Both of the phones possess a Qualcomm Snapdragon 845 processor, and the storage will range from 64 GB to 128 GB, with a RAM size of 4GB. The two phones are water resistant and have no micro SD slot or a headphone jack.

New-Google-Pixel-3-Xl
Image Source: gadgetstouse.com

The Pixel 3 and Pixel 3 XL, both support wireless Qi charging with a 2915mAh battery and 3430mAh, respectively. The two are also having a similar camera set, a 12.2-megapixel rear camera and a dual 8-megapixel front camera. Having all the similarities the two phones differ in the screen size. The Pixel 3 has a 5.5-inch OLED screen, whereas the Pixel 3 XL has a 6.3-inch OLED display. The starting price for the Pixel 3 is $799, and the Pixel 3XL starts at $899, for its basic model. The Pixel 3 and Pixel XL will be the first phones to receive the latest Android updates, possessing no bloatware.

At the event, Google also launched its first Chrome OS tablet, named as Slate. The 12.3-inch display Google Slate is a laptop that can be converted into a tablet. The detachable keyboard is connected to the tablet through the magnet connectors and is empowered with the internal battery of the tablet, itself. The device has come with a better wide-angle front-facing camera, and has the highest pixel density, as compared to the other devices in the same category.

The tablet will be available in a variant of 4GB, 8GB, or 16GB of RAM, built on an Intel Core m3, i5, or Celeron processors, and the available storage will be up to 256GB. The tablet alone will cost approximately $599, and the keyboard will cost $199. Also, you can get a styler pen worth $99.

Along with the Google smartphones and the tablet, Google also announced the Google Home Hub enabled with the Google Assistant. The Google Home Hub does not support video calling as it does not have any camera, and also, it has a smaller screen. The cost of this gadget will be $149. With all these new gadgets, Google also released the Chrome set, but there was no mention of it in the event. The Chrome set costs $35 and still supports 1080p streaming, but with faster 5GHz Wi-Fi network support.

The pre-orders for all Google’s new gizmos will start from October 11 and will go on sale starting November 1 in India.