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.
But that didn't stop some homeowners and business owners telling the BBC this month that the lycra-clad groups, typically made up of males in their twenties and thirties, are becoming a bit of a nuisance.Stephen Foster, a bookseller from Chiswick, told the BBC that he calls the gathering close to his shop "the Deliveroost.We're a retail business and what you want is people to feel comfortable walking past your shop and going into it.Otherwise that customer gets exceptionally upset about that inability to order and the restaurant likewise if they cook food and there isn t a driver to pick it up.As order volumes get much larger, they become more predictable and less volatile, allowing us to staff drivers at more of an exact level vs. that order volume.We work with our consumer base themselves to give us feedback on where they see things like that.They represent our brand, they go into the restaurants.Its really important they re the right type of person so consequently, while there may have been an article about riders congregating together, you ll see in the article there is nothing that stipulates they have done anything wrong, which is why it s quite interesting that it was a BBC News at 10 article.We re going to act on it and take it seriously but it s going to happen, it s human nature.NOW WATCH: Bumble founder: Men should stop putting these 4 things in their profilesLoading video...
1.5MW will be available when the facility reaches practical completion … towards the end of the second half of FY17.The fair suburb of Fortitude Valley will house the facility, which is handily adjacent to the central business district, an electricity substation and lots of lovely telco kit.The Melbourne facility will kick off with 2MW of capacity but will have capacity for 25MW when finished.Practical completion , which understand means operations can commence in some halls even if others are still full of builders, is slated for the second half of 2017.NextDC is thought to host Azure Australia and known to host some of CenturyLink's antipodean presence.The launches are accompanied by predictable mutterings from the company and politicians about job-creation and Australia's colossal appetite for all things cloudy, digital and secure.
Melville's story is a horror film is loosely based on the sinking of the whaling ship Essex in 1820, now makes a Ron Howard film adaptation of the hunt and the hard life in the 1800s whalers. The film is a visual treat, incredibly dramatic and technically well made - but it is not devoid of flaws altogether. Tough guy Owen Chase Chris Hemsworth is the underdog who comes from humble and working his way up to first mate, but just as he promised a promotion to captain will spolingen Pollard B. Walker and steal the job in front of him. It is the beginning of a predictable conflict between the two cockerel are when they go in search of the coveted valoljan. We sit and feel a bit cheated. We feel moved 170 years back in time, all accompanied by alluring photo with beautiful close-ups and sweeping natural landscape, with a lovely color palette that matches the season, the sea and run the ship and its crew, which increases the tension in the hunt for the giant elections.
Homefront: The Revolution had a torrid time on its way from being a pitch document to becoming finished game, and sadly the tough circumstances of its production have been reflected in the less-than-favourable critical response."Homefront: The Revolution has been in development for just over four years and as some of you may be aware the path has not always been a smooth one," reads the passage from game director and studio head Hasit Zala screengrabbed by Twitter user @DrKarateChop ."For the team members that have made it to the end I salute you for your endeavour," continues the note."To create a game of this size and complexity with a relatively small team is a remarkable achievement.GameSpot's review says: "Despite its ambitious premise, Homefront's efforts to reclaim Philadelphia are sabotaged by technical issues, faulty mechanics, and predictable storytelling."Digital Spy's review meanwhile says the game "has plenty of ambition and a handful of good ideas, but it's spoilt by the clumsy execution."
The Google IO keynote was full of predictable "surprises" like the Google Home smart speaker, plans for the DayDream VR headset platform and the Android Wear 2.0 update.The steering-wheel-free and cute-looking autonomous car is several years out, but is fit for a Google IO tease one year.I thought, given the venue switch from a busy San Francisco convention center to the company's more scenic outdoor amphitheatre, it all made sense for 2016.After all, it's filled with cameras, radar and LIDAR sensors.It may have been the first time in our lives that we purposely stopped at a yellow light.This is the car that could help save the 1.25 million people who die every year in traffic accidents.
The effectiveness of this dazzle camouflage was never quite clear, but a new study suggests that these zigzag patterns can be quite deceptive when they move.Each ship featured a different pattern to avoid classes of ships being recognizable to the enemy.The white arrows indicate direction of target and the red arrows indicate direction of dynamic texture motion.The researchers discovered that the perceived speed of a target can still be distorted with only a small patch of the dynamic dazzle at each end.If technology were available to construct a surface able to display a moving pattern, Hall said, in theory it could be applied to any object for which it would be useful to disguise the speed.Hall said that one potential military application would be on vehicles that are at risk of attack from rocket-propelled grenades, as the distortion in speed perception could result in a targeting error, thus reducing the risk of a direct hit.
Bloody Hell: Wayne Rooney in X-Men: Apocalypse plug.Pic: Manchester UnitedIt's Friday, and if you need a solid excuse to run screaming from your PC in search of a pint, look no further than this direful Manchester United plug for X-Men: Apocalypse:Anything for the team you say, @WayneRooney?Good luck!XMenApocalypse https://t.co/ym1XtMansq— Manchester United @ManUtd May 20, 2016Reaction across the interwebs to Wayne Rooney's acting talents is predictable enough.Expect him to lift a Razzie in due course, which will at least give United something to stick in their trophy cabinet, should they fail to beat Crystal Palace in the FA Cup tomorrow.
A new batch of ominous warnings about job-killing robots just arrived from the usual suspects, very clever, credentialed, accomplished people mingling at a glamourous watering-hole: in this case, the Milken Institute's Global Conference in Beverly Hills, California.These warnings tend to follow a predictable script: sufficiently urgent to get attention, but fuzzy enough to stop short of alarming.Warnings about the impact of robotics on people s jobs almost always have a temporizing quality: for example, at this conference robots are capable of taking over low-skill document management or Wall Street spreadsheet jockeys specialized jobs, yet aren t at the point of actually eliminating broad job categories.It is old school, beginning as a one-way transfer of data from computer green screens via the terminal s memory.It s also often an interface of last resort for an old school problem, the challenges organizations face in linking legacy systems with new applications, including lack of legacy documentation, source code and lost skillsets.This use is what many people are referring to when they speak about swivel-chair automation.Related Article: Buying In the Cloud: How Cloud Technology is Revolutionizing the Retail IndustryRPA PerceptionBut moving to web-scraping technology still left RPA with two major limitations, both of which reinforced the perception this robotic technology could only play a limited role, with limited scope, in business process automation.Limited Role in Process AutomationWhile web-scraping is highly effective, it customarily takes place at the task level while employees typically operate at both the task and activity level.The answer would appear to be yes; according to the Everest Group, 78 percent of GICs have either implemented RPA or are actively planning pilots.Related Article: When Tech Meets Pets: How Technology Is Serving Man's Best FriendWhat About AI & Cognitive, etc.?But what of the exotic technologies so many thought leaders are waiting for: AI, cognitive, machine learning?The answer is that they re important and will broaden RPA s footprint in ways that are hard to fully envision.
Salesforce spent roughly $75 million on the three startups it acquired last quarter, according to a regulatory filing submitted Friday.Salesforce spent $32.8 million on MetaMind, the natural language processing and image recognition startup it bought in April.It spent an additional $41.6 million on two other companies it didn't name, but they are likely PredictionIO and Implisit Insights.This is the first time Salesforce publicly disclosed the financial details of these deals.Salesforce's spokesperson wasn't immediately available for comment.One interesting nugget from the MetaMind acquisition is that Salesforce recorded $31.2 million in goodwill, which represents the amount paid for the company beyond what's valued on the balance sheet.Besides these three startups, it also bought MinHash and TempoAI last year, both aimed at making Salesforce more predictable and smarter.On top of that, it spent $390 million on predictive analytics software maker RelateIQ in 2014.All this is part of Benioff's drive to turn Salesforce into a much smarter, data-driven software.During Salesforce's most recent earnings call, Benioff reiterated this vision, saying Salesforce's next growth-engine will come from artificial intelligence.
Image: Ellagrin/getty imagesWith over 1.6 billion monthly active users, there is no doubt that Facebook is the place to be when it comes to looking for platforms to scale your growing business.Here s a list of seven apps that your company should consider if Facebook is a part of your growth strategy.Image: yotpoWhile Facebook has been known to be a brands go-to marketing channel, oftentimes your actual customers can generate enough hype around a product to drive sales.With Yotpo s Dynamic Ads feature you can use tools to share customer reviews and photos organically, as well as incorporate them into paid ads — a tool so valuable, Facebook used it as a case study.This allows prospective leads and/or interested page visitors to easily sign up for more information.The Shopial app is a timely one for ecommerce, as it essentially acts as a bridge between the store's website and Facebook store, allowing you to easily add and advertise specific products to boost engagement and eventual conversion levels.
Tesla banked almost $1.5 billion last week, selling new shares — to fund the launch of its now hotly anticipated Model 3 — at a healthy $215 per share.The ease with which it raised the funds and the fact that its shares rose 5% the week of the sale , shows how easily Tesla is able to use Wall Street to do its bidding.Plenty of people I've spoken with in the auto industry are astounded that a profitless company, one that struggled to build 50,000 cars in 2015, can tap the equity markets so easily.Unlike Tesla, traditional automakers have seen their shares flatline for the better part of a decade and have to turn to debt markets for cash.Worse yet, CEO Elon Musk does it even after making the jaw-dropping promise that Tesla will ramp up production to 500,000 vehicles in just over two years.Sure, it had telegraphed this capital raise earlier in the year, and it makes sense that, with shares again trading above $200, Tesla would tap this funding source.The car maker did a capital raise last year, to the tune of over $700 million, when shares were trading above $240.It's all kind of predictable: Tesla will lack market-moving news, or face up to its own substantial challenges, and the stock will tank below $200, sometimes falling below $150 remember, this is a company that went public in 2010 at $17 per share .Then something like the massive Model 3 pre-orders will hit, and the stock will lurch higher, prompting Musk and his team to access the easiest money they can: the well of risk-loving capital represented by Tesla's market cap.An outsider might study this pattern and conclude that it's unsustainable.If you can handle the volatility, Tesla promises some quick, big gains — and proposes to be worth much, much more as an investment when hundreds of thousands of electric cars wearing its badge take to the streets.Tesla stands aloneIf you look around, the only other companies working the investment market in this manner are Silicon Valley "unicorns," the $1-billion-and-up valuation startups like Uber whose worth is tied up in the highly illiquid private markets.That leaves a limited number of places for growth- and risk-hungry investors to put their money.Obviously, if Tesla fails to execute on any of its increasingly daunting milestones — from the Model 3 to its massive battery factory in Nevada — then that risk could bite back, hard.Investors will be in for a terrifying fall.Then see how easy it is for Tesla to top up the cash reserves.NOW WATCH: 7 inventors who were killed by their own inventionsLoading video...
Now, however, a large team of scientists has put forward an idea that may help reconcile a number of the apparent contradictions: giant Martian tsunamis.They suggest that one particular region of the red planet they've looked at contains evidence for two of them, the second of which may have driven an icy slurry across Mars' coastal plains.The authors estimate that, in the region they're looking at part of the Arabia Terra , a meteor big enough to carve out a 30km wide crater would have hit about once every 15 million years.Given the weak Martian gravity, the results could have been spectacular: simulations indicate a tsunami 50m tall on average, with local conditions possibly pushing it as high as 120m.Images of the region show a lot of areas where boulders, often meters in diameter, have accumulated."These channels have remarkable similarities to terrestrial tsunami backwash channels," the authors argue.
The effectiveness of this dazzle camouflage was never quite clear, but a new study suggests that these zigzag patterns can be quite deceptive when they move.Researcher Joanna Hall, who works out of CamoLab at the University of Bristol, performed a set of experiments that showed how moving patterns on a target can twist and warp our perception of an object s speed.The white arrows indicate direction of target and the red arrows indicate direction of dynamic texture motion.The researchers discovered that the perceived speed of a target can still be distorted with only a small patch of the dynamic dazzle at each end.If technology were available to construct a surface able to display a moving pattern, Hall said, in theory it could be applied to any object for which it would be useful to disguise the speed.Hall said that one potential military application would be on vehicles that are at risk of attack from rocket-propelled grenades, as the distortion in speed perception could result in a targeting error, thus reducing the risk of a direct hit.
The project will formally launch at the beginning of June and will start by learning about music construction by examining existing pieces in the form of MIDI files.The accuracy of HRM readings is important both to athletes who aim to train within certain heart rate zones for optimal results and those under medical orders to avoid over-straining their heart.News websites are the internet's biggest users of web traffic trackersA draft study by researchers at the USA's Princeton University has found that news websites load more third-party web tracking code than any other class of website, including sport, gaming and porn sites Motherboard .Given the ad-driven nature of online news, the finding is predictable – the study authors note that "since many of these sites provide articles for free, and lack an external funding source, they are pressured to monetize page views with significantly more advertising."Misaligned mirrors caused solar plant fireMisaligned mirrors were the cause of a fire at the USA's largest solar power plant last week, according to local news sources Ars Technica .Paramount expected to drop legal action against Star Trek fan filmStar Trek producer J.J. Abrams announced this weekend that Paramount Pictures' lawsuit against Axanar Productions – a company making a million-dollar fan film in the Star Trek universe – will be "going away" io9 .
The effectiveness of this dazzle camouflage was never quite clear, but a new study suggests that these zigzag patterns can be quite deceptive when they move.Researcher Joanna Hall, who works out of CamoLab at the University of Bristol, performed a set of experiments that showed how moving patterns on a target can twist and warp our perception of an object s speed.The white arrows indicate direction of target and the red arrows indicate direction of dynamic texture motion.The researchers discovered that the perceived speed of a target can still be distorted with only a small patch of the dynamic dazzle at each end.If technology were available to construct a surface able to display a moving pattern, Hall said, in theory it could be applied to any object for which it would be useful to disguise the speed.Hall said that one potential military application would be on vehicles that are at risk of attack from rocket-propelled grenades, as the distortion in speed perception could result in a targeting error, thus reducing the risk of a direct hit.
Instagram lacked basic security protections on its mobile and web logins, a researcher has foundFacebook has patched two security flaws in its Instagram mobile photo-sharing service that could have allowed attackers to take over users accounts.The service also lacks any policy for locking user accounts where a number of incorrect password guesses have been made, he said.Therefore, exploitation of these issues could have resulted in the compromise of millions of the 400 million active Instagram accounts – especially those with predictable passwords, he said in an advisory.The flaws are the latest indication of insecurity in social media services, which has resulted in thefts of user data and the takeover of high-profile user accounts becoming increasingly routine.Brute-force attackSwinnen pointed out that both of the flaws resulted from the lack of basic security precautions to limit the number of incorrect guesses that could be made in user logins.Instagram introduced two-factor authentication in February, nearly five years after its parent company Facebook brought in the technique.
With LinkedIn providing yet more fodder for attackers' rainbow tables and login bots, Microsoft has decided to start blocking too-common passwords.As a result, Azure Active Directory's 10 million or so users will no longer be able to select a password that's appeared too many times on breach lists, or commonly appears in attackers' login attempts.What we do with the data is prevent you from having a password anywhere near the current attack list, so those attacks won t work , Alex Weinart writes.The Microsoft post reiterates that the old beliefs about passwords are already obsolete: password length requirements, password complexity requirements, and periodic password expiration all need to be jettisoned because they make passwords less secure.That's in line with what the UK's GCHQ said earlier this month, and for pretty much the same reasons.Microsoft's ID protection team member Robyn Hicock explains in Redmond's password guidance that people react in predictable ways when confronted with similar sets of restraints – which exacerbates users' irritating tendency to pick bad passwords, and re-use passwords.
Laura HanifinWe ve reached the end!Jason Kehe, Associate Editor: I was extremely satisfied, and I don t think it was that obvious even though we ve been discussing it for weeks .And such a deliberate contrast to the totally meh sex that people have when they re inside the boundaries of the Fulcrum.You know, how she kills her daughter when the slavers come to catch her and the whole book is basically the baby s ghost come back to be with her mother.Perhaps she is Essun, and you whoever Hoa s talking to is someone else.Dayrit: Like the earth itself—they are, after all, made of earth—their agenda doesn t fit conveniently within the moral code of the rest of the inhabitants.
Add the volatility of global warming and consequent water shortages, and the human race is going to have some serious trouble feeding itself.Forget scarecrows.Thus, says Fazil Dusunceli, a plant pathologist with the FAO, such electronic results are welcome, but final pest management decisions should be taken in collaboration with experts on the ground.Its LettuceBot looks like your typical tractor, but in fact it s a machine-learning-powered … machine.If that seems too impossibly fast to you, it s well within the computing of machine learning and computer vision, says Jeremy Howard, founder of deep-learning outfit Enlitic.Traditionally, farming in India has been a relatively predictable affair, at least as far as humans holding dominion over their environment goes.
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