Amazon's game theory is to starve competition death in India

The Social Capital Founder, Chamath Palihapitiya Believes That Flipkart Will Survive Only If Investors Pump $2 Bn Every 3 Years. “Amazon’s strategy is probably to starve their competitors to death, and so they’ll keep a steady state of marginal profitability, or unprofitability, that they know they can sustain for the next 10-20 years with the belief that at some point there’ll be massive capitulation. I bet the decision was made five years ago to invest a large amount in winning. I suspect that’s the game theory", He explained.readmore@TOI

Google Clips, an AI-powered based camera goes on sale for $249

An AI-powered camera called 'Google Clips', is now on sale, priced at $249. The camera uses Artificial Intelligence (AI) to automatically recognize faces, take photos and can also be clipped to various objects to take videos was revealed last year. It has a 12-megapixel sensor, 130-degree field-of-view lens, and 8 GB memory. “Choosing the fastest expedited shipping option will deliver the device by February 27,” 9 to 5 Google reported on Saturday.readmore@Engadget

Hackers misusing YouTube ads for cryptocurrency miners

YouTube's ads were hijacked with the help of Google's ad service to access users' computers to mine cryptocurrency, a security analysis firm Trend Micro has reported. The ads, containing JavaScript that mines the digital coin are known as Monero, were displayed in countries comprising Japan, France, and Italy. Google confirmed the news and said that the ads were blocked in less than 2 hours.readmore@GIZMODO

French woman saved from 'Killer POK Mountain'

Elite climbing team saved French woman Elisabeth Revol who was stranded at Nanga Parbat at 7,400m (24,280ft), known as the 'Killer Mountain', in Pakistan-occupied Kashmir on Friday. Her partner Tomasz Mackiewicz who had developed snow blindness and frostbite during the climb, couldn't be rescued. The French woman had left her partner in a tent and descended further to call for help.readmore@BBC

World’s First Cartoon Network Themed Cruise Launching in 2018

Cartoon Network has proclaimed the launch of a brand new colorful cruise ship liner named Cartoon Network Wave, which can sail from Singapore in late 2018. The newly proclaimed ship can draw inspiration from shows just like the Powerpuff girls and ben ten. The 2,000-capacity ship can feature 800 cabins and suites, a johnny Bravo-themed burger bar and a rope adventure park.readmore@CNN

When we refer to Adivasi women, stereotypical image comes to our minds: PM

Prime Minister Narendra Modi on Sunday said that the Adivasi women in Chhattisgarh have broken stereotypes that depict the pictured of comprising jungles, pathways in woods and women carrying kindlewood on their heads, by operating e-rickshaws in the "dangerous atmosphere". He further praised the women for creating opportunities, turning into autonomous, and changing the face of the region.readmore@AIR

SBI found guilty of deficiency in service by consumer court

A district consumer forum in Maharashtra has held SBI guilty of deficiency in service for debiting ₹5,000 from a bank account in spite of an unsuccessful ATM withdrawal. additionally to a refund of the incorrectly debited amount, the bank was also directed to pay ₹3,000 as compensation and ₹2,000 in legal costs to the account holder.readmore@Business Today

Corporate America urges Arun Jaitley to further reduce tax uncertainty

The US-India Business Council (USIBC) has urged finance minister Arun Jaitley to further cut back tax uncertainties for multinational companies and institutional investors. The USIBC recommended that compliance burden on service sector ought to be reduced by bringing down the frequency of return filing. It further that lack of certainty in some tax policy acts as "major deterrent" for global capital.readmore@Indian Express

Man sucked into MRI machine at Mumbai’s Nair Hospital at govt healing facility, Dies

A 32-year-old man passed away after he was sucked into an MRI machine at a gov. run hospital center in Mumbai because of alleged carelessness by the hospital staff, the victim's family claimed. Nobody warns him not to carry an oxygen cylinder inside the MRI room, and the magnet of the machine sucked him in due to the cylinder, the family alleged.readmore@Times Now

Elon Musk's 'Boring Company' unveils $500 flamethrower

Elon Musk-drove burrowing startup 'The Boring Company' has uncovered a flamethrower available to be purchased, valued at $500 (about ₹31,800). Musk guarantees that the gadget is the "world's most secure flamethrower" and tosses flares shorter than 10 feet, which is lawful according to ATF Bureau. With 20,000 flamethrowers available to be purchased, the organization is likewise offering marked fire douser for $30 (about ₹1,900).readmore@Tech Crunch

34-year-old Kerala lady claims, 1st to lead Islamic Friday prayers

A 34-year-old woman has led Jumu’ah, a Fri divine service of Muslims, in Malappuram in Kerala, claimed to be the first in the history of the country. Around eighty individuals gathered to attend the service performed by Jamitha, who is the general secretary of the society. traditionally, Muslim women are barred from leading the Friday prayers.readmore@TOI