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Amazon’s top boss Jeff Bezos loathes work-life balance concept; here’s what he’s telling to aim for instead

Amazon’s top boss Jeff Bezos loathes work-life balance concept; here’s what he’s telling to aim for instead

World’s richest man and Amazon’s top boss Jeff Bezos is against the concept of work-life balance, and calls it a ‘debilitating phrase.’ He prefers work-life harmony instead. “I get asked about work-life balance all the time. And my view is, that’s a debilitating phrase because it implies there’s a strict trade-off,” Jeff Bezos said.

Microsoft working on ‘trustworthy AI’ to curb fake news

Microsoft working on ‘trustworthy AI’ to curb fake news

Alarmed by the mammoth spread of fake news, tech giant Microsoft is working round-the-clock on building “trusted” algorithms to control false news on its platforms like Bing Search engine and professional networking website LinkedIn.

According to David Heiner, Strategic Policy Advisor at Microsoft, the problems Facebook and YouTube are facing with fake news today have alerted the tech companies the world over and Microsoft is right on the job in building Artificial Intelligence (AI)-driven systems to fight back.

Market end with strong gains for the week, Sensex up 620 points

Market end with strong gains for the week, Sensex up 620 points

The benchmark Sensex ended the week with strong gains, rallying 620.41 points close at 35,535.79, while the broader Nifty ended at 10,806.50, garnering 188.25 points.

Bulls dominated and remained in control despite anxiety ridden trading week ahead of Karnataka Assembly elections, also inhibited by weak rupee, surging crude prices and US bond yields as well as political tensions in middle east.

93% of H-4 visa holders in US are from India: Report

93% of H-4 visa holders in US are from India: Report

A staggering 93% of the total H-4 visa holders in the US having work authorisation are from India, a latest Congressional report on the spouse visa has said. Over one-fifth of the H-4 visa holders with work authorisation live in California, it said.

NASA sending autonomous helicopter to Mars with 2020 rover

NASA sending autonomous helicopter to Mars with 2020 rover

WASHINGTON: NASA has confirmed it is sending an autonomous helicopter to Red Planet that will travel with the Mars rover mission, currently scheduled to launch in July 2020.

The small, lightweight Mars Helicopter will demonstrate the viability and potential of heavier-than-air vehicles on the Red Planet.

Walmart says Flipkart could go public in as early as four years - filing

Walmart says Flipkart could go public in as early as four years - filing

MUMBAI, May 12 (Reuters) - Walmart Inc said on Saturday in a filing with a U.S. regulator that it may take India's Flipkart public in as early as four years, detailing for the first time a potential listing timeline for Walmart's largest-ever acquisition.

Minority investors holding 60 percent of Flipkart's shares "acting together, may require Flipkart to effect an initial public offering" (IPO) four years after the close of the Walmart-Flipkart transaction, the Bentonville, Arkansas-based retailer said in a May 11 filing with the U.S. Securities and Exchange Commission.

Mittal in Essar expansion pledge

Mittal in Essar expansion pledge

Calcutta: ArcelorMittal plans to scale up Essar Steel's capacity to 8.5 million tonnes in the medium term if it manages to win the bid, the company informed shareholders while declaring a robust first-quarter result that saw a net income of $1.19 billion, backed by the highest steel margin in nearly six years.

The Luxembourg-based company did not give any indication on how aggressive it was going to be for Essar but said the asset provided a compelling opportunity to enter a high growth market like India.

Karnataka elections 2018: Rains fail to dampen voters’ spirit

Karnataka elections 2018: Rains fail to dampen voters’ spirit

After a night of heavy rains, Bengaluru woke up to a cool morning on Saturday. Several voters from across the City reached their polling booths early in the morning to cast their votes in the 2018 Assembly elections.

Voters will be exercising their franchise to elect their representatives for 26 Assembly segments in the city.

Ringing in change: Idea, Airtel tumble on Jio’s new plan

Ringing in change: Idea, Airtel tumble on Jio’s new plan

Shares of incumbent operators Bharti Airtel and Idea Cellular tumbled on Friday following Reliance Jio Infocomm’s announcement of a new postpaid plan on Thursday evening after market hours, which has brought the tariff war in a segment (post-paid) that was so far untouched by its disruptive pricing. While shares of Idea Cellular on the BSE fell 11.83% to end at Rs 51.45 each, Bharti Airtel saw a drop of 6.44% to close at Rs 385.70.

How street lamps could charge Electric Vehicles: Siemens invests in this start-up for EVs

How street lamps could charge Electric Vehicles: Siemens invests in this start-up for EVs

In order to achieve the goals set at the 2017 Paris Climate Accord, The International Energy Agency (IEA) says there need to be about 100 million electric cars on road globally by 2030. It believes that one-fifth of all vehicles in the world (including two-wheelers, buses, trucks and cars) should run on batteries. France has already hinted on banning cars with a combustion engine in Paris by 2030. European Union (EU) plans to have 30% of all new vehicles to either be all-electric or hybrid to reduce emissions.

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