according to bloomberg, the three tankers will sail the Atlantic ocean, the Caribbean islands nearby without a purpose.tanker load of 1.35 million barrels, or about 214 million gallons of fuel and alkylaattia.Tankers leaving on a trip to India with the goal of the united states.the Trip, however, bends when the broker companies Trafigura and Mercuria did not receive the fuel cargo.Trafigura is now also the winter risk of the owners.the Company apparently found the care at a better price, when the tankers cut through the ocean.
Apple has announced that it s creating its first app development accelerator in Asia, as the Cupertino company seeks to woo India s engineering community with a dedicated space in which to learn design best-practices for Apple s mobile operating system.Expected to open in Bengaluru in early 2017, the iOS App Design and Development Accelerator will support engineering talent and accelerate growth in India s iOS developer community, according to a press release.India has emerged as a key battleground for the big U.S. tech companies as both Google and Facebook look to tap the burgeoning online population — with varying degrees of success — even though much of the country s 1.3 billion inhabitants remain offline.And earlier this year, Apple confirmed plans to open a new development hub in Hyderabad, India that s expected to eventually house around 4,500 people.Apple s new app accelerator will essentially serve to help developers improve their design and development skills for iOS and will include one-on-one app reviews for developers, as well as support for Apple s programming language, Swift.India is home to one of the most vibrant and entrepreneurial iOS development communities in the world, said Apple CEO Tim Cook.With the opening of this new facility in Bengaluru, we re giving developers access to tools which will help them create innovative apps for customers around the world.Bengaluru is a major startup hub in India — an estimated one million people work in the city s technology industry, while more than 40 percent of university graduates in the area specialize in IT or engineering, according to Apple.This isn t the first such center Apple has unveiled — earlier this year, it announced its first iOS App Development Center in Europe, to be located at a partner institution in Naples, Italy.The company also has a similar hub in Brazil.
In a bid to win over more Indian developers, Apple on Wednesday announced it would set up by early next year a facility to help developers on best practices and to improve the design, quality and performance of their apps on the iOS platform.Apple estimates that over 1 million people in the city work in the tech sector, with over 40 percent of graduates from local universities specializing in engineering or IT.Apple s CEO Tim Cook is on his first visit to India, which he has identified as a growth market for the company, where he expects disproportionate growth versus the more developed areas.Developers usually try out a concept first on Android before offering an iOS version of the app, as it is easier to validate the concept with the large amount of feedback you get from Android users, he added.But iOS is also attractive for developers because users of the iPhone tend to have higher purchasing power and are more likely to retain apps they download, in contrast to Android users who frequently delete apps to save on memory on their phones, Mathew said.The company will also give developers access to tools which will help them create innovative apps for customers around the world, and provide support on Apple s Swift programming language.
One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd. s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that s predictable.We have enough money in the bank to last 21 quarters if we keep spending at the same rate as last year, Vijay Shekhar Sharma, chief executive officer of One97 that owns Paytm, said in an interview to Bloomberg TV in Hong Kong.One97, which was founded in 2000 by Sharma, doesn t plan to sell shares in an initial public offering for at least three years, Sharma said.The company has received funding from Intel Capital, private-equity firm SAIF Partners and Fitbit Inc.-backer Sapphire Ventures LLC.A Morgan Stanley fund marked down the value of its investment in Flipkart by more than 25 percent, paring the valuation to $11 billion in less than a year from as high as $15 billion.India s only food-tech unicorn, Gurgaon-based Zomato Media Pvt., saw its billion-dollar valuation slashed in half this month by analysts at HSBC Securities and Capital Markets India .Paytm started as a provider of value-added-services for mobile phones and later evolved into a marketing platform for consumer brands to reach customers via text messages and voice calls.The payment-processing system Paytm is the public face of One97.Its businesses include mobile-recharge services and an e-commerce platform where consumers can find goods including clothing and cameras.
Apple is increasing its focus on India after announcing plans to open its first developer center in the country.Apple said it will work to inspire and instruct developers on best practices, help them hone their skills and transform the design, quality and performance of their apps on the iOS platform.Building an ecosystem of top apps is one way that Apple can appeal to consumers who are in the market for a smartphone.The U.S. company has steadily put more attention on India in recent years, in part because India s smartphone market is showing signs of serious growth potential and also to offset some of the company s reliance on China for revenue.That s far behind China, where Apple currently enjoys around 22 percent of sales, according to data from Kantar.The company is seen by many as under pressure from the government — appeasing the state, which is cracking down on overseas tech firms, may be behind Apple s $1 billion investment in Chinese Uber rival Didi Chuxing — while the Chinese smartphone market s slowdown is a key reason Apple disappointed in its recent earnings.
Photo: Kolja Engelmann responsible for Mobiliioperaattori Bharti Airtel customer relationship director Kalra Tejinder has resigned from Nokia, Economic Times writes. Nokia is expected to transfer Bharti Airtel's customer Jaideep Minochanille, which is currently responsible for sales support in India. Nokia's shares closed yesterday 1.2 percent decline to EUR 4.53 OMXH index remained almost at the level of the previous day. The share has decreased since the May 10 announced the first-quarter report, nearly ten per cent. Barclays declined to € 6.75 today Nokia's target price to EUR 8.75 previously. The recommendation will remain at the level of "more".
Gionee s Marathon line of phones is all about battery life, and the newest entrant — the Marathon M5 is nothing different.The phone went live today in the Indian market with a hefty 5020mAh battery.With that, the Marathon M5 Plus also features an octa-core processor, and more that you ll see below.India CEO and MD for Gionee, Arvind Vohra had the following to say: We are thrilled to bring the M5 Plus to India.The device is a perfect reflection of a beautifully crafted powerhouse.Our motto with the Marathon series remains the same with each device to make people s life stress-free with no battery issues bothering them.Gionee Marathon M5 SpecificationsThe phone comes with rather mild hardware, besides of course the 5020mAh battery.Here it is:2.5D Curved 6-inch 1920 x 1080p FHD AMOLED displayDual SIM, Dual Standby, USB Type-CFingerprint SensorOcta-core 1.3GHz Mediatek MT6753 SoC64GB ROM3GB RAM13.0MP rear camera5.0MP front cameraAmigo 3.1, based on Android 5.15020 mAh battery with fast chargingThe Gionee Marathon M5 Plus has been priced 26,999 INR $403 in India.
Get concessions from Prime Minister Narendra Modi's governmentApple has applied to the Indian government for permission to import refurbished iPhones so that it can offer lower-priced phones to the Indian user.The company's phones are considered too expensive by India's price-sensitive users, even though the iPhone is a well-regarded brand and a status symbol in the country.More than two-thirds of the smartphones shipped in the first quarter were assembled within the country, with over 25 vendors making phones locally, according to IDC.Help increase smartphone penetration in IndiaGrowth in China is slowing, with research firm Canalys reporting that smartphone shipments grew by only 2 percent year-on-year in the first quarter.The Indian smartphone market will never grow to the size of China's because of the population's low average per-capita income, high taxes and the appreciation of the U.S. dollar against the Indian rupee, Kiranjeet Kaur, research manager at IDC Asia-Pacific, said in an interview recently.Also, unlike in the U.S. and some other markets where the majority of phones are sold through carriers, in India carriers focus on services rather than offering phones, thus putting demands on Apple to quickly roll out its distribution channels to markets outside the main cities.
Get concessions from the governmentApple has applied to the Indian government for permission to import refurbished iPhones so that it can offer lower-priced phones to the Indian user.The company's phones are considered too expensive by India's price-sensitive users, even though the iPhone is a well-regarded brand and a status symbol in the country.More than two-thirds of the smartphones shipped in the first quarter were assembled within the country, with over 25 vendors making phones locally, according to IDC.Help increase smartphone penetration in IndiaGrowth in China is slowing, with research firm Canalys reporting that smartphone shipments grew by only 2 percent year-on-year in the first quarter.The Indian smartphone market will never grow to the size of China's because of the population's low average per-capita income, high taxes and the appreciation of the U.S. dollar against the Indian rupee, Kiranjeet Kaur, research manager at IDC Asia-Pacific, said in an interview recently.Also, unlike in the U.S. and some other markets where the majority of phones are sold through carriers, in India carriers focus on services rather than offering phones, thus putting demands on Apple to quickly roll out its distribution channels to markets outside the main cities.
Apple is building an accelerator program in India to boost local startups.Google's annual developer conference Google I/O starts today.Here's our rundown of what you should expect.3.Amazon CEO Jeff Bezos says more brick-and-mortar stores are "definitely" coming.The hackers broke into sites that stored unpublished press releases.8.A startup CEO says the majority of VCs are talking "complete hogwash" if they say they can offer more than money.
MoreApple CEO Tim Cook speaks about the Apple TV during an event at Apple headquarters in Cupertino, California March 21, 2016.REUTERS/Stephan LamMUMBAI/NEW DELHI Reuters - Apple Inc will set up a software laboratory in India to help Indian startups and developers working on the company's iOS platform, Apple said hours after Chief Executive Tim Cook began his first official visit to the country.The company is also expected to unveil plans to expand its software development center in the southern city of Hyderabad, also home to Microsoft's first India office, where engineers are working on Apple Maps.The app design and development accelerator - the term used for hothouse laboratories in the tech sector - will open in Bengaluru, as Bangalore is now known, in early 2017.Indian government sources expected Modi to encourage Cook to set up production facilities in India, supporting the government's drive to find jobs for millions of Indians joining the workforce every year.Cook will be seeing industry partners during his visit.
Apple Chief Executive Tim Cook is this week visiting India for the first time.And he is wasting little of his time on the ground in India by saying Apple will open a new app design and development center in the country in 2017.Cook officially called the upcoming Apple facility a design and development accelerator,  and that it will be located in Bengaluru also known as Bangalore , which is considered to be the startup hub of India.India is home to one of the most vibrant and entrepreneurial iOS development communities in the world, Cook said in announcing the new center.With the opening of this new facility in Bengaluru, we re giving developers access to tools which will help them create innovative apps for customers around the world.Apple said it will use the facility to provide support for the Swift programming language, which Apple created to build apps for iOS, Mac and other products, and will conduct weekly briefings with developers to review development of apps at the center.It s no secret as to why Cook is laying the groundwork for more Apple involvement in India.Anyone with a Groupon account has likely seen an offer for one of these iPhones, which are often phones that were bought, returned for some reason, given the once-over to ensure everything works, and then offered up for sale at less than the original sticker price.However, the Indian government has put up resistance to Apple s efforts as it tries to promote homegrown smartphone makers who sell their products at prices even less than those of refurbished iPhones.Photo: Apple CEO Tim Cook leaves the Taj Mahal Palace hotel in Mumbai on May 18.
Transport ministry official Nunthapong Cherdchoo told Reuters that the services conflict with existing motorbike taxi services in the Thai capital.UberMoto, which has since launched in India and Indonesia after Bangkok, takes the company s on-demand taxi concept to two wheels.Motorbike taxis are a popular form on transport in many cities in Southeast Asia since drivers can weave the traffic-clogged roads faster than four-wheeled vehicles.This despite UberMoto debuting with the endorsement of the Thai transport police who were represent at the launch event in February.And this is Uber s full statement:Earlier this year Thailand helped Uber achieve a world-first with the launch of uberMOTO, a global pilot and our first two-wheeled ridesharing service.And we re grateful for their support when it comes to using motorbikes as couriers and to deliver food.
Nokia's back, baby!On Wednesday, Microsoft announced plans to sell the Nokia brand for old-fashioned featurephones for a cool $350 million to the Taiwanese smartphone manufacturer Foxconn, best known as the manufacturer of the iPhone.Back in 2014, Microsoft officially ditched the Nokia brand for its smartphones, focusing on its Lumia and Windows Phone products.As a result, the once independent Finnish company's name is now most commonly associated with Snake II, teenagers' first phones circa 2002, and drug dealers.But while Nokia and featurephones have faded from view in the West, they remain a huge market globally.And at the iPod's all-time high, in 2008, 58.3 million units were sold — one-tenth the size of the dumbphone industry in 2015.The featurephone market is even an order of magnitude larger than the global auto market, which shipped 72.4 million vehicles in 2015, according to data compiled by Statista.Amid Apple CEO Tim Cook's visit to India this week, people are raving about the potential the region holds for the smartphone industry's growth.There are a "billion phone sales at stake," Bloomberg wrote.And while there is certainly potential there, the established featurephone market isn't going anywhere anytime soon.Cook acknowledged as much on the California-based company's quarterly earnings call last month, telling analysts: "The smartphones that are working there are low end, primarily because of the network and the economics, so the market potential has not been as great there."So while you might not use a Nokia dumbphone anymore, a hell of a lot of people still do.SEE ALSO: Apple is on a charm offensive in ChinaNOW WATCH: Your smartphone could be causing your face to break outLoading video...
Melinda Gates, co-chair of the Bill and Melinda Gates Foundation, speaks at the Advancing Asia Conference in New Delhi, India.Because there s a lack of data on such issues as intimate partner violence and women s economic contributions, governments and groups can t identify where services are needed or assess which initiatives are working.A mother nurses her newborn at the maternity ward of the Kailahun Government hospital in eastern Sierra Leone.Gates underscored data s crucial role in supporting women by pointing to recent successes where numbers were key.Since 1990, the number of women dying in pregnancy and childbirth every year has dropped by nearly half.Surveys typically focus on the primary economic activity of the household.
Entertainment veterans from DreamWorks Animation have started their own virtual reality startup with $3 million in funding.The Santa Monica, California-based Spaces is headed by chief executive Shiraz Akmal and chief technology officer Brad Herman, two veterans who worked on DreamWorks Animation s early VR experiences through 2015.Spaces is already working with such companies as Microsoft, NBCUniversal, Big Blue Bubble and The Hettema Group, among others, to develop and produce a wide range of projects across all VR and mixed reality platforms.Among the target platforms are the Oculus Rift, HTC Vive, Microsoft HoloLens, Samsung Gear VR, PlayStation VR and Google Cardboard.Virtual reality spaces offer creative challenges we ve never seen before: to build fully dimensional spaces in which viewers can completely interact, Akmal said, in a statement.Herman also said, In every respect, VR is creating new horizons, and we re eager to help companies explore them.Spaces is combining remarkable capabilities, tools and creativity to push the boundaries of the VR frontier.Akmal has been the vice president of operations-product development for the now-defunct video game company THQ, and executive creative director Dean Orion has a career that has included writing for television and creating interactive, location-based attractions for DreamWorks Animation and Walt Disney Imagineering.The Spaces team has the ability and the background to make an enormous impact on VR and MxR, and I am eager to see what they accomplish, said Kai-Fu Lee, founder and CEO of Sinovation Fund, in a statement,The Spaces advisory team includes Dan Offner, attorney, angel investor and former general counsel for Oculus; Keith Boesky, former president of Eidos Interactive and the principal of Boesky & Company; and Indian film actor and entrepreneur Rana Daggubati, star of Baahubali: The Beginning, the highest-grossing film in India s history.
After the visit to China, Apple's CEO Tim Cook now gone to India where he will meet Prime Minister Narendra Modi and representatives from the company's partners in the country. In connection with Tim Cook's visit, we have been told that Apple will open three stores in the country over the next year, specifically in the capital, Delhi, Mumbai and Bangalore Mumbai Bengalure. In the latter city, Apple will also build a center for IOS development. Tim Cook meeting with Indian IOS developers. Do not miss: Foxconn to build the iPhone factory in India Furthermore, a technology center opened in Hyderabad. IDG News
Apple, especially Tim Cook, has made it no secret that China and India are the newest darlings of the tech industry at large and, of course, Apple.After flying to China to deal with the iBooks and Movies blackout, Cook flew to India to help cement Apple's position in the market.In addition to Cook's first visit to the country as Apple's highest executive, it was also an occasion for Apple to announce the establishment of a Design and Development Accelerator in Bengaluru to help spur iOS app development in the country.Over a million of the working citizens there work in the IT sector, while almost 50% of the graduates from local universities are from IT or engineering fields.Apple expects iPhone sales to pick up exponentially as the country rolls out its first network.Although heavily leaning towards iOS, the center will also put forward Apple's self-made programming language, Swift, which lets developers target not just iOS but also tvOS, watchOS, and Mac OS X.
Android N is slated to release later in 2016, in the summer or fall, Google says.Today, it made a new beta edition available to Android app developers, so they can get their footing.But before Android N releases out into the real world, it needs a proper name, based on a popular dessert with the same initial: The previous Android was called Android Marshmallow, and before that, it was Android Lollipop.Each new Android release gets a new statue on the lawn of the Googleplex, themed to the dessert.Still, the boilerplate for the contest confirms that there's no prize for the winner.Indeed, it looks like there won't even be a poll: Google is looking for ideas; there are almost definitely going to be multiple people submitting the same "N" name.Google CEO Sundar Pichai actually hinted at this in December 2015, saying during a visit to India that the search giant might put it up to a poll.Back in March 2016, Android boss Hiroshi Lockheimer had indicated that Google was leaning towards a "nut" name.I'm sure Google means well, but if the "Boaty McBoatface" phenomenon is any indication, people will probably not take Google's request for an Android name terribly seriously." NOW WATCH: Here's why Android Auto is far superior to Apple CarPlayLoading video...
View photosMoreApple chief Tim Cook, center, arrives at the Taj Mahal hotel in Mumbai, India, Wednesday, May 18, 2016."India is home to one of the most vibrant and entrepreneurial iOS development communities in the world," the statement quoted Cook as saying.He said the new facility will give "developers access to tools which will help them create innovative apps for customers around the world."He is also expected to meet top business leaders.Silicon Valley tech giants have been aggressively courting India over the last few years.With a massive 1.25 billion population, including 6 million new Internet users every month, India has become a key focus of companies like Google, Facebook and Microsoft.
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