Month: April 2020

Modi announced that the nationwide lockdown to contain the spread of coronavirus would continue till May 3. He said that the fight against Covid-19 could be successful only if the citizens cooperate and maintain the discipline.   This means everyone have to stay indoors, in a lockdown, until May 3 — with the same discipline and resolve that we have shown so far.   Reactions from the industry:   Ashish Chauhan of Bombay Stock Exchange said exchanges will continue to function as is. No changes in the way exchanges function in the second leg of lockdown.…

Hackster.io, an Avnet community, is joining forces with the United Nations Development Programme (UNDP) and 12 leading technology companies to support the world’s developing countries in the wake of the coronavirus pandemic. Launching today, the COVID-19 Detect and Protect Challenge is calling on engineers to design low-cost and easily deployable software, hardware and services that will support the detection and prevention of COVID-19 in some of the world’s most vulnerable areas.   “Through this challenge, our community at Hackster, the UNDP and Avnet’s technology partners are coming together to provide…

The use of drones in response to COVID-19 will make technology part and parcel of today’s society, says GlobalData, a leading data and analytics company.   Drones are already being used around the world as a law enforcement tool to order public back to their homes and disinfect public places. They are also starting to be used to deliver food and medicines to the housebound.   David Bicknell, Principal Analyst of Thematic Research at GlobalData, commented: “Drones are here to stay and, despite public reservations over privacy, the public will…

If science says it isn’t a thing, and the government backing that up also says it is a conspiracy, then there is a trust deficit that cannot be overcome,as per ZdNet     It shouldn’t be surprising that some people eventually read so many conspiracy theories on social media that they decide to attack, possibly over 20 times, what they see as a great intrusion and potential killing machine — the machine in question goes by the name of 5G.   The crackpot theory that mobile networks are death machines isn’t…

COVID-19 has been having a devastating impact on the TV broadcasting industry as firms have been reluctant to spend on ads, says GlobalData, a leading data and analytics company. Danyaal Rashid, Thematic Analyst at GlobalData, comments: “COVID-19 has led to significant cuts in TV ad spending, affecting those broadcasters that rely on ad revenue to survive. Brands are reluctant to burn their limited cash reserves on ads, especially since this won’t stimulate demand in an economy shut down by non-market forces.”   TV broadcasters may be experiencing higher viewing numbers…

GlobalData has revealed the latest mergers and acquisitions (M&A) league table of the top ten financial advisers in Europe by value and volume for coronavirus-hit Q1 2020, which witnessed decline in deal volume in the region.   Goldman Sachs leads by value   Goldman Sachs dominates the M&A financial advisers league table based on deal value in the first quarter of 2020, according to GlobalData, a leading data and analytics company.   The American firm advised on 20 deals worth US$114.1bn in Q1 2020.   GlobalData, which tracks all M&A,…

Based on the available evidence, the COVID-19 virus is transmitted between people through close contact and droplets. The people most at risk of infection are those who are in close contact with a COVID-19 patient or who care for COVID-19 patients. DRDO had taken the step towards bringing state-of- art , indigenous technology to protect the lab from colleting the samples from various Kiosks established across the country. So far successful containment of COVID 19 is testing the patients with oral swabs and isolating the positive cases, as there are…

Zoom(ZM) that has gained immense popularity among the enterprises, SMBs and schools in India and elsewhere to connect remotely during the lockdown. Zoom Video Communications Inc.’s stock jumped 81% in its debut on the public market   Shares of the videoconferencing company began trading on the Nasdaq at $65 apiece. Zoom had priced its initial public offering at $36, raising $751 million. ZM shares have soared nearly 100% in 2020 as investors clamor for stay-at-home stocks.   That would have valued the business at $9.2 billion, about nine times its private valuation. Shares…