Archive for the ‘technology’ Category
Google Inc bought Israeli mapping startup Waze on Tuesday for just over $1 billion, a source familiar with the matter said, acquiring an online real-time mapping service to safeguard its lead in one of the most crucial aspects of smartphone usage.
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Reliance Industries’ telecom arm will increase its staff strength by nearly three-fold this year to 10,000 as it gears up to launch fourth generation (4G) services.
Reliance Jio has already signed a multi-million dollar deal with Anil Ambani’s Reliance Communications where the younger brother will share fibre-optic network to help rolling out 4G services. Read the rest of this entry »
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India is seen set to use Japanese bullet train technology for a high-speed connection between Mumbai and Ahmedabad, a report said Wednesday, the centrepiece of a huge package ofinfrastructure sales.
The Mumbai-Ahmedabad rail line would stretch 500 kilometres (312 miles) at a cost of up to one trillion yen, the newspaper said, adding the two governments plan to finish technological reviews and costings by March 2014.
- In: defence | technology
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Germany will not purchase Euro Hawk reconaissance drones because meeting the standards required to win aviation approval would cost 500 million to 600 million euros, a German government source told Reuters on Tuesday.
