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.
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 »
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.
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.