Snapchat, the messaging app owners has slashed its proposed one of the largest US tech listings, as the company prepares for marketing campaign. Snap had earlier aimed for a valuation of £25bn, but a price of $14 to 416 a share is revealed in the updated regulatory filing, puts the market valuation to $16.2bn to…
Eleven Geologist claims to have discovered a new continent to the east of Australia called Zealandia with 4.9 million square kilometres of land mass, 94 per cent of which is under water, which makes it world’s smallest continent. They presented their finding in the study of “Zealandia: Earth’s hidden continent” in Geological Society of America,…
Faces at New York Fashion 2017 In New York fashion week, Michael Kors presented a diverse runway including Ashley Graham wearing a charcoal ribbed tank dress with a silver fox shrug, Amber Valletta and Carolyn Murphy, without any miniskirts. A 20-piece orchestra directed by Michael Gaubert. Ralph Lauren paraded their Spring/Summer 2017 ready to…
Essilor France’s world number one manufacturer of lenses and contact lenses and Italy’s Luxottica a leading frame manufacturer, has announced their merger. If the deal goes through later this year the new company will be called EssilorLuxottica and will sell not only lenses and frames around the world but also stocking its own optician’ shops…
A new app “Flavours Of My City” brainchild of two Pune techies Smitha Nair and Preeth Padmanabhan who wanted digitise your taste in food habit. “ We run a SAP consulting firm and we enforced a rule anybody going on holiday must bring back local delicacies from the placed they visited. We wanted to start…
The Indian Space Research Organisation (ISRO) broke the world record when it launched 104 satellites onboard on single rocket from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. The satellites were launched by ISRO’s Polar Satellite Launch Vehicle, earlier used in the ambitious Mars Orbiter Mission. This is first of its kind to launch…
PSA Group, make of Peugeot, DS and Citroen cars, is in talks about taking over General Motors’ (GM) loss-making European business Opel. France’s PSA group already works with GM in Europe on several projects, said any deal would involve Opel’s UK arm Vauxhall, which employs 4, 500 staff at plants at Ellesmere Port and Luton.…
Joe Root 26-year-old Yorkshire batsman has been named as England’s new Test captain. He succeeds Alastair Cook who resigned last weeks after over four years in charge. Root has scored 4, 594 runs since he made his debut in December 2012. In the same time only Indian Captain Virat Kohli has scored more run than…
Rolls-Royce, the engineering giant and jet engine maker reported a loss before tax of £4.5bn for 2016. Rolls-Royce has agreed to pay £671m to settle corruption and bribery cases with the UK, the US and Brazilian authorities and it has written off £4.4bn from currency related contracts As aerospace deals are done in dollars the…
Top six women in the technological world. 1. Sheryl Sandberg, Facebook CEO. Sheryl Sandberg is the first woman to be among on the board of directors of Facebook as Chief Operational Officer. She had previously worked at Google and also served as the Chief of Staff at United States Secretary for Treasury. She is also the…