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Baidu Kicks Off ‘Indoor GPS’ Rollout In China

Baidu has begun the rollout of indoor location services powered by indoor mapping provider IndoorAtlas to the 270 million monthly active users of its Baidu Maps service. IndoorAtlas had been in beta testing, with the company saying it can pinpoint a location inside a building within 6.5 feet. IndoorAtlas-developed software lets the compass contained in smartphones pinpoint a person’s indoor location ... Read More »

Internet Services Market in Russia – Review 2014

According to The Russian Association for Electronic Communications (RAEC), the Runet’s (Russian term for Internet in Russian language) aggregate revenue 2014 is approximately at the level of 2013 amounting to about 14.6 million EURO. The revenue of Internet dependent segments such as Internet access providers, e-commerce etc. has grown from 76 million EURO to 102 million EURO.  According to experts, ... Read More »

European Union is Divided on Net Neutrality…

People have wondered how an Internet without net neutrality would work. It is currently hypothetical that on an Internet without net neutrality, companies would need to “pay to play” and live by arbitrary, ISP-devised rules for accessing consumers who want and pay for their services. This is the so-called “fast lane.” While ISPs argue this is about network utilization and ... Read More »

Alibaba Invests USD 50million in TV Remote Application Firm

Alibaba Group Holding, has invested over US$ 50 million in California-based start-up firm, Peel Technologies which developed a remote application for television.  The application can control over 3,500 brands of televisions and 600 set-top-boxes.  Peel will utilise the fund to expand its line of products and services. This is apparently the second round of funding from Alibaba – in 2013, the ... Read More »

Rocket Internet IPO Priced at US$8.4bn (6.5bn Euro)

The Berlin-based startup incubator by the illustrious name Rocket Internet has set the price range for its initial public offering, which could value the company as high as $8.4 billion (6.5 billion Euros.)  Following in the footsteps of Alibaba’s recent IPO Rocket Internet has an ambitious mission to become the world’s largest Internet platform outside the United States and China. ... Read More »

Internet Should Be Driving Indian SME Growth

It is no secret that SMEs drive ecosystems.  The same applies for India.   There are nearly 48 million SMEs in the country who provide a variety of services or are engaged in the manufacture of intermediate and finished goods, collectively accounting for a sizeable share of India’s industrial output.  While the sector employs 40% of India’s workforce, it contributes only ... Read More »

Google ‘Twitches’ and Sheds US$1bn

The Guardian (UK) quotes VentureBeat that an arrangement has finally been reached between Google and Twitch to join forces for the sum of over $1 billion.   Google and Twitch have made no official comment, but this merger has been widely speculated upon for months.  Twitch––a leader in subscription-based video services––is a huge win for Google, which began offering a paid-channel ... Read More »

World Record Broadband Speed of 10 Gbps Over Traditional Telephone Lines Achieved

Alcatel-Lucent’s Bell Labs passes Google fiber to set broadband speed record, eight times faster than the previous record – and it was done over copper land lines.  Bell Labs, the research arm of Alcatel-Lucent, has set a new broadband speed record of 10 gigabits-per-second (Gbps) using traditional copper telephone lines and a prototype technology that demonstrates how existing copper access networks ... Read More »

IBM to Utilize Big Data, the Internet of Things and Cognitive Computing to Help Beijing on Energy and Health Issues

IBM said its research labs will aim to help China revamp its energy system and healthcare over the next 10 years via big data, the Internet of Things and cognitive computing. The effort is led by IBM’s China research unit. Terms of the deal weren’t disclosed. IBM said it had a collaboration agreement with the Beijing Municipal Government.  The two ... Read More »