Category: TECHNOLOGY NEWS

Twitter resurfaces Costco co-founder’s alleged threat over food deal: ‘Absolutely losing my mind’

A resurfaced interaction between Costco’s co-founder and CEO has sent Twitter into hysterics and turned the co-founder into an icon.

According to a Mental Floss article from 2018, current Costco president and CEO W. Craig Jelinek was in a meeting and complaining to Costco co-founder Jim Sinegal about how the company was losing money from sticking with Costco’s legendary quarter-pound hot dog and 20-ounce soda special.

As any real Costco enthusiast knows, the store’s deals aren’t limited to just the shopping aisles — the meal costs only $1.50. Costco hasn’t changed the price of the combo since 1984, when it was first introduced.

“I came to [Sinegal] once and I said, ‘Jim, we can’t sell this hot dog for a buck fifty. We are losing our rear ends,’” Jelinek said during a speech at the Issaquah Chamber of Commerce’s luncheon in 2018. “He said, ‘If you raise the effing hot

Read More

Twitter investigating after users spot mobile app prefers White faces

The Twitter App loads on an iPhone in this illustration photograph taken in Los Angeles, California.

Mike Blake | Reuters

LONDON – Twitter says it’s investigating why its picture-cropping algorithm sometimes prefers White faces to Black ones.

The investigation comes after Twitter users noticed Black faces were less likely to be shown than White ones in image previews on mobile when the image contains a Black face and a White face.

The micro-blogging platform said it didn’t find any evidence of racial and gender bias when it tested the algorithm but conceded it had more analysis to do.

Parag Agrawal, Twitter’s chief technology officer, said Twitter analyzed the model when it shipped it, but said that it needs continuous improvement.

“Love this public, open, and rigorous test — and eager to learn from this,” he said on the platform.

The issue came to light after Colin Madland, a university manager

Read More

Sling TV launches Watch Party feature with text and video chat

sling-on-a-tv

Sling customers can now co-watch programming. 


Sling

Sling TV on Wednesday launched a co-watching feature in beta that lets customers tune into live programming with up to three other people. Watch Party also allows participants to connect via text and video chat. 

The feature is currently available to existing Sling TV customers via Google Chrome web browsers on laptop and desktop computers. As part of a beta preview, guests can also join a Sling Watch Party by creating a free Sling TV account through Sept. 30.

Customers can choose from live or on-demand content in Sling Orange, Sling Blue, Sling Latino and Sling International services, or any Sling TV Extra, depending on their subscription. Each participant can control their own camera and the volume of streamed content and video chat streams. Sling customers

Read More

Apple Online Stores: Now Playing in India

The American company has made all attempts to woo customers with customizations in Indian languages

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!


3 min read


You’re reading Entrepreneur India, an international franchise of Entrepreneur Media.

On September 23, 2020, Apple launched the Apple Store online in India. For the first time, all Apple products have been made available to customers all over the country at one place. Apple operations having been in action for over two decades in India now, issues with customer care and accessibility have always been spoken about.

The Apple India Online Store has been made available both in English and Hindi where customers can now make direct purchases. Apple’s senior vice-president of retail and people, Deirdre O’Brien, gladly stated, “We’re proud to be expanding in India and want to do all we can to support our

Read More

Adobe’s Liquid Mode leverages AI to reformat PDFs for mobile devices

Adobe today announced an update for Acrobat Reader that leverages Sensei, the company’s machine learning platform, to make it easier to read whole documents on smartphones and tablets. Beginning with iOS, Android, and ChromeOS ahead of desktop and browser support in the coming months, Reader will gain a viewing option called Liquid Mode that automatically reformats text, images, tables, and more to make them readable on small screens.

Reading documents — particularly PDFs — on mobile has never been a stellar experience. According to Adobe’s own research, 65% of people in the U.S. find it frustrating and 45% stopped reading or didn’t try. But the number of files in the wild continues to rise, with estimates of over 2.5 trillion in circulation today.

Adobe describes Liquid Mode, which began showing up for some Acrobat users earlier in the year, as the first step in a “multi-year vision to fundamentally change

Read More

Nokia Announces New Budget Smartphones, Wireless Earbuds With 150-Hour Battery Life

KEY POINTS

  • Nokia has announced three new devices
  • Two of them are affordable smartphones priced less than $200 apiece
  • The last is a $99 pair of earbuds that can last for 150 hours

HMD Global has announced three new Nokia-branded devices.

Two of the new Nokia devices are affordable smartphones that will be sold for less than $200 apiece, making them a good option for cash-strapped consumers who need to stay connected amid the COVID-19 pandemic. The last one is the first pair of wireless earbuds that boasts more than 100 hours of battery life.

Here’s a better look at each device:

Nokia 2.4

The Nokia 2.4 is an entry-level smartphone powered by a MediaTek Helio P22 processor, backed by 2GB/3GB of RAM and 32GB of internal storage, expandable via microSD card.

For those who don’t know, it runs on the same chip that powers other affordable offerings such as

Read More

Uncapped picks up another $26M to offer revenue-based finance to European entrepreneurs

Uncapped, the London-headquartered and Warsaw-based startup that offers “revenue-based” finance to European businesses so that founders don’t have to give up equity stipulated by venture capital, has raised $26 million in new funding.

The round was led by Mouro Capital (the recently spun-out fund previously called Santander InnoVentures), with participation from existing investors Global Founders Capital, Seedcamp, Iron Ventures and White Star Capital. Various angel investors have also backed Uncapped, including Taavet Hinrikus (TransferWise), Christian Faes (LendInvest), David Nolan & Kevin Glynn (Butternut Box) and Carlos Gonzalez-Cadenas (GoCardless).

Founded last year by “serial entrepreneur” Asher Ismail (who was most recently CEO of Midrive) and former VC Piotr Pisarz, Uncapped has set out to use various marketing, sales and accounting data to be able to offer finance for young businesses based on their current (and projected) revenue. It was born out of the pair’s own frustrations with the limited funding options

Read More

Old TV knocked out village’s broadband every day for 18 months

Sept. 22 (UPI) — Engineers investigating why an entire Welsh village lost broadband signal at the same time every day for 18 months said they finally identified the source: an elderly resident’s old TV set.

Openreach, the firm that maintains telephone and broadband Internet infrastructure in Britain, said engineers visited the village of Aberhosan after nearly all of the settlement’s 400 residents reported losing their broadband signal for 18 months every day at 7 a.m.

He said the investigators set out to determine whether electrical interference was to blame.

“We walked up and down the village in the torrential rain at 6 a.m. to see if we could find an electrical noise to support our theory. And at 7 a.m., like clockwork, it happened. Our device picked up a large burst of electrical interference,” engineer Michael Jones said.

Jones said the team traced the interference to a home, where they

Read More

Pandemic offers Tokyo Game Show a chance for reinvention

Once a premier industry event, Tokyo Game Show has been increasingly overshadowed by global competitors in recent years. But as the pandemic forces it online, some see a chance for reinvention.

The exhibition, which opens online from Wednesday, showcases Japanese video games and is still regularly thronged by enthusiastic gamers, attracting over 250,000 people a year since 2013.

But its star has faded in the industry, with most of Japan’s top developers choosing to debut new offerings elsewhere.

“TGS has been on a downward trend in the last 10 to 15 years,” said Serkan Toto, an analyst at Kantan Games in Tokyo.

Part of that is the result of a decline in the dominance of Japanese gaming companies, he told AFP.

TGS began in 1996 and was an unmissable industry event in the early 2000s. But it has seen its leader position increasingly eroded by competition from E3, held in

Read More

Palantir to begin New York trading on September 30

Data analysis specialist Palantir announced on Tuesday it would begin trading on the New York Stock Exchange on September 30 in what could be one of the biggest market debuts since Uber.

The secretive company which sells software used by governments and large firms worldwide said in a statement it “expects that trading of shares of its Class A common stock on the New York Stock Exchange will commence on Wednesday, September 30, 2020.”

In an earlier filing, Palantir, which hasn’t turned a profit, indicated it would go public via a direct listing without raising new funds, listing its shares at $0.001 on the exchange on or around September 29.

That filing suggested a valuation of some $10 billion, down from a private value as high as $25 billion, according to Renaissance Capital.

Founded in 2003, the Colorado-based company has said its software is used in more than 150 countries,

Read More