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Ford self-driving test vehicles to be connected to Lyft’s network

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DETROIT: Ford Motor Co claimed on Wednesday it’ll collaborate with Lyft to deploy Ford self-driving automobiles on the journey solutions company’s network in massive numbers by 2021.
Ford and Lyft teams will get started performing jointly to layout software to allow Ford motor vehicles to communicate with Lyft’s smartphone apps.
Ford self-driving take a look at motor vehicles will be connected to Lyft’s network, but at the outset, shoppers will be unable to employ them, Sherif Marakby, Ford’s vice chairman for autonomous motor vehicles and electrification, advised Reuters. Ford will put human-driven automobiles on Lyft’s network.
He didn’t say when Ford and Lyft assume to provide the first rides in self-driving autos.
“We’re not setting up prototypes for the sake of setting up prototypes,” Marakby said, incorporating Ford intends to in the long run place thousands of self-driving cars in use.
Ford’s new Main Government Jim Hackett is scheduled to fulfill with traders on Tuesday to stipulate the Dearborn, Mich. automaker’s approach for enhancing profitability. Ford shares are down 1.65 for every cent to this point this 12 months, although Detroit rival Common Motors Co’s shares have risen 15.6 per cent, and Fiat Chrysler Vehicles NV shares are up seventy one for each cent.
Hackett’s designs to contend for income from mobility expert services, which include things like vehicle sharing and ride-hailing, is going to be one area of target for buyers. The Lyft partnership fills inside a bit of the puzzle.
Ford also is testing supply services using self-driving automobiles and also a van shuttle support. The self-driving autos Ford will deploy via Lyft will use software program developed by Argo AI, a company during which Ford is investing $1 billion about another 5 years.
read more:http://timesofindia.indiatimes.com/global/ford-self-driving-test-vehicles-to-be-connected-to-lyfts-network/articleshow/60862572.cms?

Amazon launches its B2B marketplace in India

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Amazon has released a business-to- small business market listed here in India, the corporation announced Wednesday. Amazon Company with 100 million items and 15,000 sellers is concentrating on the smaller and medium sized companies through this system which was earlier released being a pilot in Bengaluru and Mangaluru. Amazon Business enterprise will glance to faucet into prospective buyers managing enterprises throughout technologies and repair firms, producing in addition prospective buyers universities, colleges and workplaces.”We learnt really practical insights with the pilot of Amazon Organization for suppliers and now we have now commenced the wholesale business across the nation and prepare to scale it up. We have been extending the same rewards for enterprise buyers very like in our purchaser centered system. We have now been working on owning a vast collection, benefit, usefulness of door action shipping and delivery amid other folks. There may be a potential of cross-selling and buying among retailers that are selling on our small business to buyer (B2C) system,” reported Manish Tiwary, VP, Amazon India.
Amazon will probably be featuring benefit added products and services like analytics and predictions to spice up the sale of retailers on its platform. Late past year, Chinese know-how big Alibaba announced its designs of creating its wholesale small business below when it partnered with businesses in the location of logistics, banking institutions and non-banking financial companies (NBFCs).Over the past two years, a string of younger startups has launched B2B marketplaces catering to a fragmented SME sector, a lot of these ventures are actually in a position to raise money.
Most up-to-date Commentthedying of mother n pop merchants in conjunction with SMEs
nikhil amin
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READ more:http://timesofindia.indiatimes.com/companies/amazon-launches-its-b2b-marketplace-in-india/articleshow/60862508.cms?

Zynga now has a game for India tapping data usage

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Zynga now has a game for India tapping data usage
BENGALURU: San Franscisco-based social gaming organization Zynga is doubling down on creating cell games out of its India enhancement studio in Bengaluru, since it looks to faucet into developing smartphone penetration and increasing data use while in the place.Zynga India region head Deepthi Menon told ET the studio has developed its to start with cellular sport that may be “made in India for India”. Called Rangoli Rekha, the sport is specific with the soaring variety of women of all ages cell gamers inside the state.
“We have now set out the game in the app keep for tests, wherein we’re tests many metrics and how consumers are responding for the match. We want to iterate around the match for few far more months ahead of the general public launch,” Menon stated. “We are experimenting with what we find on this certain game to consider steps for our entire portfolio of video games.” ET experienced reported in November that Zynga was acquiring a cell sport targeted for the India market place, in what is a first-of-its kind initiative with the international gaming industry.The sport advancement studio, which is Zynga’s second biggest studio exterior its headquarters, also manages the entire activity enhancement for many of the video games across a few of the four massive genres that Zynga operates. This includes action approach online games, match-three informal puzzle genre as well as the firm’s flagship genre Farmville that contains of two Website online games and two cellular online games.
To enrich this growth, Zynga is looking to increase the studio in the subsequent calendar year. “We have 350 people inside the Bengaluru studio. The studio grew by 20% during this yr and we have now some large advancement programs during the forthcoming 12 months. We have been seeking expertise in video game layout, solution management, art and engineering,” Menon claimed.Getmost recent news & live updates to the go on your pc with News App. Download The Times of India news application for your device.
Read more:http://timesofindia.indiatimes.com/startups/companies/zynga-now-has-a-game-for-india-tapping-data-usage/articleshow/60837536.cms

‘Amazon investment in Shoppers Stop is pure financial deal’

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E-commerce biggies are gearing up to get a 2nd spherical of festive income primary nearly Diwali. Flipkart, that’s probably to obtain racked up $700-800 million in gross product sales in the fiveday Big Billion Times (BBD), has chose to increase its sale by another 7 days till October 1, according to some organization conversation to its sellers.Gross profits are the all round product sales on a web-based marketplace, with no factoring the savings and returns.
The two Flipkart and Amazon will maintain an additional large sale occasion closer to Diwali, similar to preceding decades as several customers hold off their festive purchases until Dhanteras. Flipkart informed its merchants, “Festive year just isn’t over but, numerous a lot more gross sales to return. Kindly opt in for festive provides.”
Flipkart’s arch rival Amazon much too despatched an e mail to sellers, asking them to be well prepared for one more sale in the 1st week of October whenever they experienced skipped out over the just concluded sale. Amazon communicated to its sellers they need to focus on adding provides across types from the run-up to Diwali.
Amazon’s first investment in a brickand-mortar retailer in the country should not be considered a back-door entry by a foreign retailer into multibranded retailing, according to Shoppers Stop which has agreed to sell 5% stake to an investment arm of the US based online giant. “It’s a financial investment and the investor has no say on the company’s day to day operations,” said Govind Shrikhande, MD at Shoppers Stop while interacting with Sagar Malviya.
Edited Excerpts:
Don’t you believe that Amazon is using Shoppers Stop as the vehicle for a back-door entry into multi-brand retailing?
The proposed investment will be made by Amazon’s investment arm. Shoppers Stop has always been, and will continue to be, wholly compliant with all FDI norms and regulations. As far as we are concerned, if we get funds to drive our brick and mortar growth faster then why not? From a partner or a player whose other business is the largest retail company in the world then why not.
The investment arm has invested in multiple companies. This is purely a financial investment. After the commercial agreement this is a great marriage of two existing players – one in the online and other offline – to really drive omni-channel. All action has to really happen at the retail front where investment has nothing to do with it.
Where will you use the funds raised? Did you consider other instruments to raise money? Were you in talks with other investors too?
We will continue to focus on our growth of brick-and-mortar and online stores to drive an omnichannel experience for our customers.
So, the investment will be used to fund capital expenditure, working capital requirements & general corporate purposes to augment our business. We do get offers from investors from time to time.
During negotiations, did you fear a potential hostile takeover possibility by Amazon after few months or years?
Fundamentally, there are no hostile takeovers and investment companies don’t do hostile takeovers because somebody has to run it.
Can we expect Shoppers Stop private labels to sell outside India through Amazon?
Yes. This is a big opportunity to cater to the Indian diaspora across the world. We have started the process to register our private brands as far as the US market is concerned. But we also need to work on the logistics, especially for handling issues such as returns after we ship the products.
Two weeks ago, we listed two private brands – Stop and Kashish – in the US at Amazon.com. It’s too early to comment on it.
How do you plan to leverage Amazon’s partnership in terms of data mining, merchandise stocking and understanding consumer trends?
With Amazon.in, the commercial agreement that we are doing is leveraging the strengths of both companies, and this has a far bigger impact than the investment piece. We get exposure to Amazon’s online customer base, which is almost 100 times that of ours spread across India.
We will never be able to open stores in 150 towns. So that access definitely doubles or triples 100 times. Amazon is able to get a touch and feel for its products through the experience zone. We will leverage each other’s marketing strengths. And it’s only the starting point. We have multiple things to work out from this point onward and the real action will be after 90 days.
Read more:http://timesofindia.indiatimes.com/companies/e-tailers-plan-second-round-of-diwali-sales/articleshow/60837474.cms?

E-tailers plan second round of Diwali sales

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E-tailers plan second round of Diwali sales
E-commerce biggies are gearing up for the 2nd round of festive revenue top around Diwali. Flipkart, which is possible to obtain racked up $700-800 million in gross gross sales throughout the fiveday Major Billion Days (BBD), has chose to lengthen its sale by a different week till October one, according to a organization communication to its sellers.Gross product sales are the overall product sales on an online marketplace, without factoring the special discounts and returns.

Each Flipkart and Amazon will maintain one more huge sale party closer to Diwali, similar to preceding several years as quite a few buyers hold off their festive buys until Dhanteras. Flipkart explained to its retailers, “Festive period is not around nonetheless, numerous much more revenue to come back. Kindly opt in for festive gives.”

Flipkart’s arch rival Amazon much too sent an e-mail to sellers, inquiring them to generally be geared up for one more sale from the 1st week of Oct should they experienced missed out to the just concluded sale. Amazon communicated to its sellers which they should target on incorporating provides across groups in the run-up to Diwali.

Normally, the annual sale events take place within the exact same thirty day period as Diwali. But this year the Indian festival is in October and firms like Flipkart and Amazon are therefore getting ready ahead of time to push sale quantities around the following several weeks. These gross sales will likely see discounting as one particular of the key attractions, nevertheless the quantum will not be just as much as what was available for the duration of BBD and Amazon’s Terrific Indian Festival.

Flipkart senior director Smrithi Ravichandran stated, “We are scheduling far more profits forward of Diwali as BBD has designed the best momentum for us. We now have communicated this to our sellers so that they can be effectively well prepared and have satisfactory
Read more:http://timesofindia.indiatimes.com/companies/e-tailers-plan-second-round-of-diwali-sales/articleshow/60837474.cms?

Brief: China fines WeChat, Weibo in intensifying crackdown on banned content

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Brief: China fines WeChat, Weibo in intensifying crackdown on banned content

The Chinese government stated it fined Tencent, Baidu, and Twitter-like Weibo the utmost penalty underneath the country’s new cybersecurity regulation for hosting phony information, porn, and various sorts of illegal content.


Regulators mentioned that Tencent’s messaging app WeChat “failed to fulfill its management duty” in halting people from publishing banned articles. Baidu’s on the web discussion board and Weibo were being specific for failing to circumvent the spread of damaging data.


The new cybersecurity legislation suggests perpetrators might be fined nearly US$75,600 – a far more symbolic than harming punishment with the three multi-billion greenback businesses.
Why it issues:

The news (extracted from the Wall Street Journal)

The great is a component of the intensifying crackdown on on the web information given that the 19th Communist Party congress in October approaches. The political event will see a reshuffling of major leaders and happens every single five years.


This yr, federal government regulators have rolled out many new regulations, like keeping WeChat team house owners accountable for content material shared within their discussion groups. In September, authorities arrested a man for complaining about law enforcement raids within the app.

Read more story: https://www.techinasia.com/brief-china-fines-wechat-weibo-party-congress

‘Fortune’ ranks Most Powerful Women in Business, from Mary Barra to Reese Witherspoon

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General Motors CEO Mary Barra tops Fortune magazine’s Most Powerful Women in Business list for the third year running.

The positioning of 51 ladies incorporates 26 CEOs who control $1.1 trillion in showcase capitalization. Despite the fact that the quantity of female CEOs among Fortune 500 organizations hit another record of 32 out of 2017, that still just speaks to 6% of the aggregate.

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It was “a year when the awkward substances that expert ladies regularly live with secretly burst into general society eye — whether it was at Uber, in the startup and VC people group, or at Fox News,” the creators of the report composed.

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Here are Fortune’s main 10 most capable ladies in business for 2017 and their past positioning a year back.

  1. Mary Barra, General Motors CEO (1)

  2. Indra Nooyi, PepsiCo CEO (2)

  3. Marillyn Hewson, Lockheed Martin CEO (3)

  4. Abigail Johnson, Fidelity Investments CEO (5)

  5. Sheryl Sandberg, Facebook head working officer (6)

  6. Ginni Rometty, IBM CEO (4)

  7. Meg Whitman, Hewlett Packard CEO (7)

  8. Safra Catz, Oracle co-CEO (10)

  9. Phebe Novakovic, General Dynamics CEO (8)

  10. Ruth Porat, Alphabet and Google CFO (13)

See the whole rundown: Fortune’s Most Powerful Women of 2017

Barra topped the rundown yet again as she directed GM’s greatest deals development in years with income at the automaker rising 9% of every 2016, Fortune says.

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Seven newcomers made the rundown this year notwithstanding Reese Witherspoon, positioned No. 51. The Hollywood performing artist has her own particular generation organization, which hit huge this year with the numerous Emmy-winning Big Little Lies and a retail start-up, Draper James, that highlights a Southern-situated way of life mark.

None of the newcomers broke the main 10. The most noteworthy positioning expansion was PG&E CEO Geisha Williams, checking in at 19 on the rundown. Williams is the principal Latina to run a Fortune 500 organization.

Different newcomers incorporated: Boeing’s Defense, Space and Security CEO Leanne Caret (30), Staples CEO Shira Goodman (42), Reinsurance Group of America CEO Anna Manning (44), Hershey CEO Michele Buck (45), Ulta Beauty CEO Mary Dillon (48), and Mattel CEO Margo Georgiadis (49).

Sexism in Silicon Valley: Women can’t raise money and we have one more motivation behind why

Fortune said editors utilized four criteria for the rundown: the size and significance of the lady’s business in the worldwide economy, the wellbeing and heading of the business, the curve of the lady’s vocation (list of qualifications and runway ahead), and social and social impact.

Read more:https://www.usatoday.com/story/money/2017/09/21/fortune-most-powerful-women-business-list-gm-mary-barra-reese-witherspoon/689618001/

Jeep tops Cars.com list of American-made vehicles, ousting Toyota

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Two Jeep wear utility vehicles collected in Ohio bested the Cars.com rundown of most American-made vehicles in a shakeup for the nearly took after record.

The two vehicles made by Japanese automakers that already bested the rundown, the Toyota Camry and Honda Accord, have dropped out of the best 10, outlining the intricacy in figuring out what qualifies as truly American-made.

The recently detailed rundown gives six of its main 10 spots to the conventional Detroit Three — General Motors, Ford and Fiat Chrysler — as they confront political strain to flaunt their American roots.

The current year’s first-and second-put passages, Fiat Chrysler’s Jeep Wrangler and Jeep Cherokee, are both gathered in Toledo, Ohio.

“The Wrangler, as a descendent basically of the military Jeep that helped the Allies win World War II, had entirely great American accreditations in the first place,” Cars.com official editorial manager Joe Wiesenfelder said. “It appears to go much more profound than that.”

Passage’s Taurus, gathered in Chicago, was third. Japanese automaker Honda Motor’s Honda Ridgeline pickup truck, made in Lincoln, Ala., and its Acura RDX, made in East Liberty, Ohio, set fourth and fifth, separately.

Cars.com said it had patched up its criteria to better mirror a few elements. It’s presently in light of get together area, the level of parts made locally, the assembling area of the model’s motor and transmission, and the quantity of American laborers the producer utilizes contrasted with its U.S. deals.

The Wrangler and Cherokee, for instance, individually determine 74% and 70% of their parts from U.S. plants. Furthermore, every vehicle gets the greater part of its motors and about the majority of its transmissions from American operations.

Read more:https://www.usatoday.com/story/money/cars/2017/06/26/jeep-tops-cars-com-list-american-made-vehicles-ousting-toyota/422907001/?utm_source=feedblitz&utm_medium=FeedBlitzRss&utm_campaign=usatodaycommoney-topstories&utm_source=taboola&utm_medium=referral

China imposes limit on oil supply to North Korea

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BEIJING: China reported on Saturday that it will constrain oil fares to North Korea under UN authorizes over its atomic and rocket advancement, additionally diminishing help from Pyongyang’s last real exchanging accomplice, vitality provider and discretionary partner.

Fares of refined oil toward the North will be constrained to 2 million barrels for each year and offers of condensed flammable gas restricted inside and out, powerful January1, the Commerce Ministry said. The present size of Chinese vitality supplies toward the North and how much that would be lessened were unclear.China additionally will forbid material imports from the North, the service said. Materials are one of the North’s last significant wellsprings of remote income following rehashed rounds of UN endorses under which Beijing cut off buys of coal, press mineral, fish and different products.

China represents somewhere in the range of 90 percent of the North’s exchange, making its participation basic to any endeavors to wreck Pyongyang’s advancement of atomic weapons and long-extend rockets.

TOP COMMENT

Shocking to note China separating itself from N Korea and Pak on fear mongering. Does it have nervous about the Global outcomes? All is well on the off chance that it closes well. Expectation all Nations remain joined to nullify fear based oppression

TSR The Urbanist

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Chinese pioneers were long the North’s strategic defenders yet express expanding disappointment with the legislature of Kim Jong Un. They have upheld the most recent rounds of UN Security Council endorses yet are hesitant to push Pyongyang too hard for fear the administration may crumple. They likewise contend against doing anything that may hurt normal North Koreans.

Oil sends out for use in the North’s ballistic rocket program or different exercises are restricted by UN authorizes, the Commerce Ministry said.

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Read more :http://timesofindia.indiatimes.com/business/international-business/china-imposes-limit-on-oil-supply-to-north-korea/articleshow/60803246.cms

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