the trending ones


February 2016

PressPlay TV bonding with Railways in India


PressPlay TV offers video services like movies, songs, news through its wifi spot overs it application on Android devices. The airwaves used for wifi are free and company uses it to create its own local wifi hotspot

Video streaming application PressPlayTV has started offering free video service in some trains and is in talks to expand service in about 30 trains soon. “PressPlay TV has tied up with Northwestern Railways to offer free VoD service Delhi-Bikaner and Delhi–Udaipur bound Delhi Bikaner Intercity and Chetak Express respectively.

The company is in talks with Northwestern Railways to offer this service on 30 more trains in the next quarter. The service is absolutely free,” PressPlay TV co-founder and COO George Abraham said in a statement.

PressPlay TV offers video services like movies, songs, news through its wifi spot overs it application on Android devices. The airwaves used for wifi are free and company uses it to create its own local wifi hotspot.

The PressPlay TV app automatically downloads when phone is connected to the wifi and users can start streaming movies & videos for free without using their mobile data, the statement said.

10 biggest losers of this week

The past few weeks have not brought the rosiest of earnings seasons in Tech Land.

In fact, while it’s often difficult to draw sweeping conclusions from a single quarter, the parade of financial earnings seems to point toward a long year ahead for public technology companies. (Note to unicorns eyeing the IPO market: Be afraid. Be very afraid.) The tech-heavy NASDAQ is down almost 15 percent from the start of the year.

In several specific cases, the earnings reports delivered brutal verdicts on the state of many one-time darlings. Here’s a rundown of the biggest losers (from an abundance of candidates) followed by a handful of winners (required a lot more hunting):


1. GoPro (GPRO): With layoffs announced earlier in January and grim reports of holiday sales, expectations were low. But the real numbers were still devastating: Revenue plunged 31 percent! Stock in the company is down from $64.74 last August to $10.17 yesterday. With a market cap of $1.4 billion but a great brand, don’t be surprised if suitors start sniffing around.

2. Twitter (TWTR): No surprise here, given the company’s turmoil over the past year. But reporting ZERO user growth isn’t the kind of start recycled CEO Jack Dorsey probably wanted. With the stock in the dumps, he can’t expect too much patience from either Wall Street or Twitter’s restless and outspoken users.

3. Yahoo (YHOO): Again, bad news is no shocker, as this company has been limping along for an eternity, and CEO Marissa Mayer has thus far failed to spark a turnaround. She can claim a small victory by having gained one last chance to fix Yahoo. But she will spend a lot of time this year firing people and selling off parts of the company. And with the board acknowledging it could be open to a sale, Mayer will be working with a guillotine hanging over her head.

4. Apple (AAPL): It feels a bit odd to put the largest company in the world in the “loser” category. But Apple did lose its title (briefly) as the world’s most valuable company. And with flat iPhone sales and projections of a decline in the current quarter, the company is facing one of its most challenging years in some time, at least in the eyes of Wall Street. Since April 2015, Apple’s stock has fallen from $132.65 to $93.70 yesterday. Long-time investors will have their faith tested.

5. Pandora (P): The earnings weren’t terrible. The music-streaming service reported decent revenue growth, with $1.16 billion for 2015, up from $921 million the year before. But that growth came amid reports that the company had begun searching for a buyer. That growth rate and the mounting costs just aren’t giving investors confidence that Pandora can keep slugging it out against Apple Music and Spotify.

6. Activision Blizzard (ATVI): The gaming giant reported a dip in revenue and profits for the normally robust holiday quarter. Wall Street no likey. Its stock got hammered by 16 percent after the results were released.

7. Ubisoft (UBI.PA): The French gaming company also reported a dip in revenue as its flagship franchise, “Assasin’s Creed,” is showing its age.

8. Amazon (AMZN): My boss might argue that this belongs in the win column. But investors beg to differ. Rather than focus on Amazon’s big profit, they fretted about holiday sales that came in under expectations and growing expenses. Since the end of December, the stock has fallen from $689.07 to $503.82.

9. Zynga (ZNGA): Zynga may have beaten Q4 financial estimates and announced 10 games for 2016, but investors were not impressed. They were worried about weak guidance and a declining user base. Its barely visible stock price is still managing to take a hit.

10. LinkedIn (LNKD): LinkedIn reported weak guidance for the coming year andinvestors lost their minds. The stock fell by more than 40 percent in one day. And since hitting $255.54 in early November, it’s down to $103.47 yesterday. Winning back investor trust in the coming year will be a challenge.

A new look and feel for Uber : Logo made the difference


Uber replaced the white and black “U” logo with a new design of an image CEO Travis Kalanick called the “atom and bit.” The company will use a unique color in each of the 68 countries it operates.

To know what Travis Kalanick wants to say about the new design : Read More .

World’s tallest freestanding clock tower to be built by Infosys in India


In what could be a first from a tech giant, Infosys is geared to build the world’s tallest freestanding clock tower. The tower would be built at its 345-acre global education centre located in Mysore, a site that is proudly claimed to be the world’s biggest corporate university.

The height of the tower would be 135 meters, making it taller than Big Ben (96 m) in London, Hoover Tower (87 m) in California and McGraw Tower (53 m) in Cornell.

The tower would be built in Gothic style so that it matches the classical look of the other buildings located in the campus. It will have 19 floors, a boardroom at the seventh level and will be erected from a 22×22 meter base.

As per the company estimates, it would cost about Rs 60 crore and 20 months.

Confirming the plans to ET, Murthy said the Mysore training centre was “incomplete without a clock tower”.

“A clock tower brings a sense of academic breathing to the campus, and I felt we too will need one. And Vishal (Sikka) felt it is a good idea,” he said.

The design of the tower has been designed by Hafeez Contractor, who is a Mumbai-based architect responsible for the design of Infosys Mysuru campus. The structural consultancy services are being provided by LERA, which is a New York-based firm of structural engineers, and the structure would be built by Bengaluru-based KEF Infra.

“We are trying to marry tradition with modern technology at this tower. The tower will have a large digital screen on all the four sides. We will also use it to run text messages on important occasions,” K P Nagaraj, Infosys resident architect, told ET.

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