Former Facebook executive Chamath Palihapitiya to raise $500M for a large fund

Former Facebook executive Chamath Palihapitiya to raise $500M for a large fund

WASHINGTON (Diya TV) — Chamath Palihapitiya, a former Facebook executive and a minority owner of the Golden State Warriors is attempting to raise $500 million as he builds a large investment firm. According to a filing with the Securities and Exchange Commission, Palihapitiya is listed as CEO of “blank check company,” Social Capital Hedosophia Holdings. ..

India’s Bharat Electronics Limited inks $630M Deal with Israel

India’s Bharat Electronics Limited inks $630M Deal with Israel

SAN FRANCISCO (Diya TV) — Indian state enterprise Bharat Electronics Limited have inked a $630 million with Israel Aerospace Industries to jointly produce four long-range surface-to-air missile systems for the Indian Navy. “Yes, a contract was signed May 19 in Bangalore for [LRSAM] systems. However, work share and other commercial details are confidential and cannot be shared,” Bharat ..

India officially offer tax concessions Apple sought for production expansion

India officially offer tax concessions Apple sought for production expansion

SAN FRANCISCO (Diya TV) — India have officially offered to allow Apple Computer to import mobile handset components intended for use in local manufacturing tax free, a top government official said on Tuesday. The tax concessions, however, will be subject to the condition of increasing local value addition over a period of time. Apple are seeking to ..

Not sure how to spot fake news? Now, there’s a bot for that

Not sure how to spot fake news? Now, there’s a bot for that

BERKELEY, Calif. (Diya TV) — Fake news has become a serious problem for Facebook in the past year. The rampant spread of misinformation on the site has become such an issue, the social media giant has itself encountered more than one problem trying to combat the matter. After initially denying his company and its platform ..

FCC Chairman Ajit Pai responds to mean tweets

FCC Chairman Ajit Pai responds to mean tweets

WASHINGTON (Diya TV) — Federal Communications Chairman Ajit Pai responded to John Oliver’s humorous approach to the organization’s stance on the rollback of net neutrality with a video of his own. Pai taped a video of tweets sent about him or in his direction for IJ Review, a conservative news site, in which he read “mean ..

Indiana Gov. Eric Holcomb pleased with Infosys, plans to visit India

Indiana Gov. Eric Holcomb pleased with Infosys, plans to visit India

INDIANAPOLIS (Diya TV) — Indiana Gov. Eric Holcomb has been encouraged by Infosys’ decision to set up a tech center in his home state, so encouraged that he has announced his plans to pay a visit to the company’s home headquarters in India, with his high-powered trade delegation in tow later this year. “I’m looking ..

The delicious Black Jamun could be the answer to India’s energy shortage

The delicious Black Jamun could be the answer to India’s energy shortage

BANGALORE (Diya TV) — A group of researchers at Indian Institute of Technology (IIT) Roorkee have created an inexpensive and efficient way to dye solar cells using one of the most delicious summer fruits, perhaps only second to the Indian Mango;  Syzygium cumini aka Black Jamun. These researchers say that Black Jamun could be the answer to ..

Teen in India has developed world’s smallest satellite for NASA

Teen in India has developed world’s smallest satellite for NASA

SAN FRANCISCO (Diya TV) — When the National Aeronautics and Space Administration (NASA) launches the world’s smallest satellite, named KalamSat, on June 21, it will be the first mission in history to pilot the experiment by an Indian student. Eighteen-year-old Rifath Sharook from Tamil Nadu’s town of Pallapatti developed the satellite, which weighs a mere 64 grams. ..

Eleven Indian Americans named in the Forbes 2017 Midas List

Eleven Indian Americans named in the Forbes 2017 Midas List

SAN FRANCISCO (Diya TV) — Eleven Indian-American investors have been selected to this year’s Forbes list of the world’s 100 best venture capitalists. Produced annually, the “Midas 2017” list is comprised of the world’s top angel investors, it takes into account a venture capitalists complete portfolio currently and stretches back five years. Jim Goetz, a partner at ..

Businesses increase cyber defense in wake of ransomeware attacks

Businesses increase cyber defense in wake of ransomeware attacks

SAN FRANCISCO (Diya TV) — Businesses around the world scrambled Saturday to prepare for a renewed cyberattack, convinced that a lull in a computer offensive that has stopped car factories, hospitals, schools and other organizations in around 100 countries across the globe was only temporary. The pace of the attack of a virus dubbed WannaCry ..

US India Business Council honors Chandrababu Naidu at west coast summit

US India Business Council honors Chandrababu Naidu at west coast summit

MENLO PARK, Calif. (Diya TV) — The U.S. India Business Council concluded its Silicon Valley summit Monday, the theme of this year’s which was technology partnership. Industry and government leaders from the U.S. and India discussed the power of digital transformation to accelerate economic growth, create jobs, and encourage the start-up and entrepreneurial environment. The summit brought ..

Oracle CEO Mark Hurd says F1 students should be allowed to work

Oracle CEO Mark Hurd says F1 students should be allowed to work

REDWOOD SHORES, Calif. (Diya TV) — As fears mount further over the possibilities of the U.S. government tightening visa guidelines, Oracle’s chief executive Mark Hurd said if the government allows immigrant students into the country, it should embrace immigrant workers to drive the nation’s growth. “We have been very supportive to immigrants. They are studying ..

John Oliver’s rallying cry to save Net Neutrality crashes FCC website

John Oliver’s rallying cry to save Net Neutrality crashes FCC website

NEW YORK (Diya TV) — “The Internet is the repository of all human knowledge — and goats singing Taylor Swift songs,” John Oliver said Sunday on Last Week Tonight, as he celebrated the Internet as one of the world’s most magnificent communities. But according to Pai, that community is being directly threatened by the actions of the Trump ..

New $36M South Asian satellite launch by India does not include Pakistan

New $36M South Asian satellite launch by India does not include Pakistan

SAN FRANCISCO (Diya TV) — In a first in the nation’s history, India’s space agency is set to launch a satellite Friday to provide communications services to its neighboring countries. But not all of them. The South Asia satellite, funded entirely by India, was announced several years ago with the intention of serving all eight members ..

NYU Indian American researchers say, smartphone fingerprint scanners can be breached

NYU Indian American researchers say, smartphone fingerprint scanners can be breached

NEW YORK (Diya TV) — In a recent study titled MasterPrint: Exploring the Vulnerability of Partial Fingerprint-based Authentication Systems, which appeared in IEEE Transactions on Information Forensics & Security last month, a trio of Indian-American researchers led by NYU Tandon School of Engineering professor Nasir Memon revealed the fingerprint-based security systems used in smartphones and other gadgets are a ..

One of India’s largest tech outsourcers, Infosys to add 10,000 American jobs

One of India’s largest tech outsourcers, Infosys to add 10,000 American jobs

SAN FRANCISCO (Diya TV) — Facing new demands and political pressure from the Trump administration, Infosys, one of India’s largest tech outsourcing companies, said Tuesday that it will hire up to 10,000 Americans to fill jobs servicing its U.S. clients. The move makes Infosys the latest Asian technology company to pitch itself as a jobs ..