VARINDIA IT MAGAZINE

As per the report, Sharp Corporation of Japan to buy Toshiba Corp’s personal computer business for 4 billion yen ($36 million). Sharp brand is under the control of manufacturing giant Foxconn, the world’s biggest contract manufacturer and major Apple Inc supplier, to produce PCs more cheaply – just as it was able to do in TVs. Another report also noticed by VARINDIA, Foxconn is also promoting the Sharp TV to start marketing in India, which has kick started from this year IPL(Indian Premiere League) ,with this they are marking a return to a business in India. Earlier Sharp was a known brand in terms of technology but it’s position become negligible with the fastest technology and pricing structure of SAMSUNG, LG and Sony. With the manufacturing capability of FOXCONN, they are trying to enter the Asian market. The recent deal of Pc business, will see Sharp take an 80.1 percent stake in Toshiba’s PC unit on Oct 1.... Read More

Cabinet okays 51% FDI in multi-brand, 100% in single brand retail, with this it will create a level playing field. Hope, this decision will be cheered by global retail giants such as Wal-Mart that have long been eyeing India's lucrative retail sector worth an estimated $450 billion a year. The two American retail giants have fought in India market like one foreign investor sold the stake to other foreign investor to invite the globe competition and it is like the battle unfolding among global tech players in India. The real case study and the test bed is Indian market where about 220 million on-line users with 1 billion mobile phone market and it is increasing post Modi regim, talking most about digital India, it has helped the global company Walmart, the world's largest retailer, and Amazon, the e-commerce behemoth to venturing into India market, where as Amazon has invested billions of dollar in India market, with the entry of Walmart ,they are also going invest few...

Google will not go for another contract or renew for its controversial experiment providing artificial intelligence to the U.S. Department of Defence for analyzing drone footage after its current contract expires. Google Cloud CEO Mr.Diane Greene give out the decision at a meeting with employees last Friday morning, three sources told Gizmodo. The current contract expires in 2019 and there will not be a new followed contract, Greene said. The meeting, designated as Weather Report, is a weekly update on Google Cloud’s business. Google would not trail the Maven today because the reverberations has been horrible for the company, Greene said, adding that the decision was made at a time when Google was more aggressively trailing military work. The company plans to publish new ethical principles about its use of AI next week. A Google spokesperson did not immediately respond to questions about Greene’s comments.... Read More

Atos has been awarded two major outsourcing contracts by Siemens to drive the latter’s digital transformation program. The first contract will cover multiple activities spanning Application Management services and Technical Production Support in SAP, Microsoft and Business Intelligence for multiple divisions of Siemens, while the second contract will cover Application Management services for Siemens regions in Europe, APAC and Latin America. Both contracts, with a total value above €200 million, will run for the duration of 5 years commencing Q4 2018. Most of those contracts represent new business for Atos. Driving an ambitious IT transformation program, Siemens launched a tender to identify and select providers which offer cutting-edge technologies, digital expertise and industry knowledge, while meeting Siemens’ important selection criteria. In this context, Atos has been selected as a provider for:.... Read More