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The makers of Atchayam Foodbox, as the machine is called, claim that it is a first of its kind concept in the food and retail industry and insist it’s not a vending machine.“This is like an ATM where you withdraw cash by yourself,” says Satish Chamy Velumani, a first generation entrepreneur from Coimbatore who is also the founder and CEO.
The Foodbox serves everything from snacks to complete meals from popular restaurants in the city. These include Adyar Ananda Bhavan, Aasife and Brothers Biriyani, Moti Mahal, Amaravathi, Kaaraikudi and Mr Chows .
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Technology firm Mozilla has showcased a smartphone prototype for developing countries, which could cost as less as $25 (about Rs 1,500).The company, which runs the Firefox browser, has partnered with Chinese low-cost chip maker Spreadtrum. Read the rest of this entry »
Finnish handset maker Jolla, founded by some ex-Nokia employees, is in talks with partners to sell its smartphones in India, initially by tapping the popular e-commerce route. The company has built its own operating system Sailfish which will provide users alternative to Android, Windows, Blackberry and Apple’s iOS. Sailfish OS is available for free to install on other Android handsets. Jolla has announced agreement with F-Secure for mobile security on Sailfish OS .
Its USD 19 billion buyout of WhatsApp will help Facebook expand footprint in emerging markets of Latin America and Asia, especially India, where the mobile instant messaging app is very popular. It allows users to exchange text, pictures and videos using smartphones. The app is very popular among youth across Europe, Latin America, parts of Asia including India, where Facebook is beefing up its presence. Read the rest of this entry »
Video content will account for over half of all mobile data consumption in the country in the next two to three years, consultancy Deloitte has said in its latest report on India’s technology, media and telecommunication sector. Read the rest of this entry »
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