TechNews

Saudi Telecom Company has completed the retail and institutional subscription to the initial public offering of Arabian Internet and Communications Services Co, raising 3.624 billion Saudi riyals ($966.35 million), STC said on Wednesday. The telecoms company last week priced the IPO at the top of an indicative range for its technology business, also known as Solutions by STC. The proceeds are before deducting fees, expenses and related costs, STC said in an exchange filing. Last week the company priced shares of Solutions by STC, final allocations and refunds of which have yet to come, at 151 riyals each, implying a market capitalisation of about $4.8 billion. Solutions by STC plans to sell 24 million shares at an indicative price of between 136 and 151 riyals per share. STC, which is selling 20% of the company, has also said the IPO order book was 130 times oversubscribed during the book-building process. HSBC Saudi Arabia, Morgan Stanley Saudi … [Read more...] about Saudi Telecom’s tech business locks in $966 million from IPO

Rep. Devin Nunes (R-CA) said he was “optimistic” about special counsel John Durham’s investigation of the “Russia hoax” in an interview on Wednesday’s edition of SiriusXM’s Breitbart News Daily with host Alex Marlow. “I’ve been probably the only guy in America who’s actually had confidence in John Durham,” Nunes remarked. “I’ve been saying this for a very long time, and that’s largely because he’s run a very closed investigation, unlike what you saw with [Robert] Mueller’s, and it’s an investigation like they should be, where you don’t have leaks to the fake news companies.” Former FBI Director Robert Mueller, special counsel on the Russian investigation, leaves following a meeting with members of the US Senate Judiciary Committee at the US Capitol in Washington, DC on June 21, 2017. / AFP PHOTO / SAUL LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images) He added, “ I’m cautiously o ptimistic.” Durham’s investigation led to a grand jury’s indictment of … [Read more...] about Rep. Devin Nunes: Optimistic on John Durham Probe of Russia Hoax

A panhandler allegedly threw a brick at a 63-year-old handyman outside of a bagel shop in the lower east side of New York the morning of September 15. Video of the attack, which took place around 8 a.m., shows the man holding a chair menacingly over the victim before he put the chair down and punched the victim with a right hook. He then appears to wrestle to the ground the victim, who works as a handyman for the bagel shop Kossar’s Bagel & Bialys. The surveillance video cut to another angle in which the 63-year-old was protecting himself from the panhandler while wielding a stick at which point, the assailant apparently grabbed a brick and hurled it at the man from a point-blank distance. After striking the victim in the face, the panhandler walked away from the scene. A baseball team gathers outside Kossar’s Bagels and Bialys store, Thursday, May 26, 2016, on Manhattan’s Lower East Side in New York. (AP Photo/Kathy Willens) The “suspect has actually come around … [Read more...] about VIDEO: New York Panhandler Throws Brick at Bagel Shop Worker’s Face

Ahead of the upcoming bushfire season, the South Australian government said it will invest AU$13.5 million to roll out automatic vehicle location (AVL) equipment to improve the safety and intelligence during fire emergencies. According to Minister for Emergency Services Vincent Tarzia, Netstar Australia has been awarded a tender contract to install more AVL in more than 1,400 vehicles for the Country Fire Service, Metropolitan Fire Service, State Emergency Service, ForestrySA, and the Department for Environment and Water for operations across metro Adelaide and regional South Australia. AVL provides real-time location information of firefighting and other emergency response vehicles during incidents. "Netstar's AVL solution has been tested thoroughly and can withstand high demand in some of the state's most remote locations, like parts of Kangaroo Island, where phone connectivity is non-existent," Tarzia said. Trials of the AVL equipment was undertaken between January and … [Read more...] about South Australia to splurge AU$13.5m on GPS tracking for firefighter vehicles

HP 11-inch tablet PC is official. The device is the latest offering from the US-based tech giant to come with Windows 11 support, making it the company's first Windows 11 tablet PC. Not only that, it has another USP, which is its rotatable camera, due to which the company claims that it is the world’s first tablet with rotatable camera. HP 11-inch tablet PC price and availability The HP 11 inch Tablet PC is expected to be available in December at HP.com for a starting price of $599. There is no word on the India price or availability of the device yet. HP 11-inch tablet PC specs and features The HP 11-inch tablet PC offers a 11-inch Touch IPS display of 2160x1440 (2K) resolution with 84.6% screen to body ratio and a layer of Corning Gorilla Glass 5. It comes with a detachable keyboard Powered by quad-core Intel Pentium Silver N6000 SoC, it has Intel UHD graphics card. Storage wise, it offers 4GB LPDDR4RAM and 128GB M.2 PCIe NVMe SSD storage. It has … [Read more...] about HP 11-inch tablet PC with rotatable 13MP camera launched: Price, features and more

NEW DELHI: Amazon is back with its daily dose of app quizzes. As a part of today's quiz, Amazon is giving away lucky participants an opportunity to win Rs 25,000 in Amazon Pay balance. A participant who has answered all the questions correctly will be eligible to win the prize. The Amazon app quiz has questions that are based on general knowledge and current affairs. This Amazon quiz is strictly an app only quiz. You can participate only through Amazon's mobile app. The quiz starts daily at 12 am and continues till midnight (12 am next day). There is usually one winner of the quiz who is chosen via lucky draw. Results of today’s quiz will be announced later on September 24. Here are the questions of today’s Amazon app daily quiz along with their correct answers that can help you win Rs 25,000 in Amazon Pay balance. On 6th August _____________ day is observed to commemorate a tragic day in human history. Fill in the blanks with the name of a … [Read more...] about Amazon app quiz September 23, 2021: Get answers to these five questions to win Rs 25,000 in Amazon Pay balance

Food delivery companies Swiggy and Zomato have reached out to the government and sought clarification around the recent decision to treat them on a par with restaurants under the Goods and Services Tax ( GST ) framework. The companies want clarity around how the GST would be levied and whether this could lead to “ tax cascading” or problems in claiming input tax credits. The GST Council has said that food delivery platforms such as Swiggy and Zomato should cough up 5% GST, just like restaurants. The tax for the platforms will come into effect from January next year. According to people aware of the development, companies are concerned that the way the tax system works, they could see a jump in their total cost. An email query to Zomato and Swiggy did not elicit any response. As of now, these companies pay GST only on the amount they charge over and above the cost of food. Going ahead, however, GST will apply on the total price of the … [Read more...] about Swiggy, Zomato reach out to government for clarity on GST

Reliance Retail is foraying into the intensely competitive online retailing of multi-brand beauty and cosmetics business, taking on Nykaa , Myntra and Tata's proposed similar ecommerce business, multiple people familiar with the development said. One of them said Reliance Brands , Reliance Retail’s unit that sells upmarket brands, has devised a two-pronged strategy of a dedicated webstore as well as a new brick-and-mortar chain of high-end cosmetics products that will be something similar to LVMH’s Sephora. “They are building a beauty business that would be like a Nykaa for online and a Sephora for the offline side,” he said asking not to be identified. “They will sell top international brands as well as their own private labels.” He said the cosmetics venture could also have a webstore on Ajio, Reliance Retail’s fashion and lifestyle ecommerce platform. A Reliance Brands spokesperson said that the company has been consistently building skincare, … [Read more...] about reliance retail: Reliance Retail to soon start selling cosmetics online

Developed by Google, Google Drive is a file storage service that lets you store, share, and access files across devices. You can easily access all your files in Google Drive from a computer, smartphone, or tablet by signing into your Google account. In addition to this, you can also see maps in Google Drive that you’ve created and share them too. How do I share a Google map in Google Drive? You can set sharing options for your maps from Google Drive. Changes that you make to sharing settings in Google Drive will get reflected in My Maps. Listed down are the steps that you need to follow: Open Google Drive Find your map and click on it In the toolbar (it is on the top of the page), click Share Enter the email addresses of the person with whom you want to share the Google Map Further, you can choose the access level: Can view or Can edit Can people see your location on Google Drive? If a person has the exact URL of the doc, file … [Read more...] about Can I share a Google map in Google Drive?

NEW DELHI: Facebook wasn’t happy when Apple rolled out the App Tracking Transparency feature with iOS 14 which gave Apple users the power to turn off the tracking done by various online advertisers, thus granting them more control over their privacy. Now, ad revenue is how Facebook makes money and to have that taken away from it hurt it then and seems to be hurting now too as the social media company has issued a mid-quarter update to its investors where it has a warning for them as regards to iOS 15 . In the update, published as part of a blog post by Graham Mudd, VP, product marketing, Facebook, he says: “We’ve heard from many of you that the impact on your advertising investment has been greater than you expected. The cost of achieving your business outcome may have increased and it’s also gotten harder to measure your campaigns on our platform. In some cases, this is due to underreporting on our part. Our estimate is that in aggregate we are … [Read more...] about iOS 15: Read Facebook’s ‘warning’ to investors on Apple iOS 15