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India
Paytm founder Vijay Shekhar Sharma says apps shouldn't be allowed on closed networks
“If a kind of content is available on the Internet, it can't be made available to a closed network at a differential price — that's the clarity we want,” Sharma said.
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India
Rivals make merry as Maggi market share shrinks 35%
While Maggi regained the No. 1 slot in instant noodles last month, ITC Foods’ Sunfeast Yippee has covered much ground and came a close second with a 33% share. The share of the Nestle’s noodles brand in India dropped to 42% in January from a high of 77% in the ...
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Giappone
Buybacks help Tokyo stocks retake 16,000 line
Stocks erased earlier losses Monday to retake the 16,000 line with support from buying on dips, . The Nikkei average gained 143.88 points, or 0.90 percent, to close at 16,111.05 on the Tokyo Stock Exchange after tumbling 229.63 points Friday. The Topix index added 8.18 points, or 0.63 percent, to ...
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Giappone
Toshiba scraps smart glasses days before launch date
Cash-strapped Toshiba Corp. on Monday scrapped a glasses-type device days before it was scheduled to go on sale. The Wearvue, which projects a display visible only to the wearer, was slated to launch next Monday after a promotion blitz at the Wearable Expo in Tokyo just last month. The Tokyo-based ...
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Giappone
Profit-taking caps dollar at around ¥113
The dollar was mostly stuck around ¥113 and refused to chase higher ground in Tokyo trading Monday, pressured by selling to lock in profits. At 5 p.m., the dollar stood at ¥112.87-88, down from ¥112.94-95 the same time Friday. The euro was at $1.1087-1087, down from $1.1117-1118, and at ¥125.14-15, ...
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Giappone
Toshiba, Sharp unions OK’d to drop out of ‘shunto’ wage talks
The Japanese Electrical Electronic & Information Union (JEIU) on Monday allowed the labor unions of troubled Toshiba Corp. and Sharp Corp. to pull out of the industry’s annual wage talks due to weak earnings. Although the umbrella body of electronics unions will this spring request across-the-board monthly pay hikes of ...
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Giappone
Mitsubishi Electric develops novel spoken word display technology
Mitsubishi Electric Corp. has combined its voice-recognition and touch-screen technologies to enable users to display their spoken words on a tablet or a smartphone by dragging their finger on the screen. As early as fiscal 2017, Mitsubishi Electric will release a special application based on the technology, combined with a ...
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Giappone
Side effects possible if negative rates deepen, ex-BOJ official says
The Bank of Japan’s new negative interest rate policy may bring “side effects” if the central bank further pushes rates into the red, a former BOJ chief economist warns. Hideo Hayakawa, who was an executive director at the BOJ before he retired in 2013, said on a NHK television discussion ...
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Giappone
Samsung launches new campaign against Apple with Galaxy S7, virtual reality gear
Samsung Electronics Co. showed off virtual reality hardware alongside its latest Galaxy S7 smartphones, in its latest attempt to breathe life into its premium line and wrest ascendancy back from Apple Inc. The new phones go on sale on March 11 sporting a 5.1-inch screen using its own Exynos or ...
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Giappone
IHI to promote aero-engines unit chief Mitsuoka to president
IHI Corp. plans to promote its aero-engines unit chief Tsugio Mitsuoka to president, replacing Tamotsu Saito, sources familiar with the matter said Monday. The appointment will be effective April 1. Managing Executive Officer Mitsuoka, 61, has overseen an expansion of sales and profit at the aero-engines business. Saito, 63, will ...