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Reliance Jio 4G VoLTE Feature Phone to Cost Rs. 500, Launch on July 21

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The price, release date, and related launch plans of Reliance Jio 4G VoLTE feature have been leaked

HIGHLIGHTS

  • Reliance Jio 4G feature phone said to cost Rs. 500
  • It is expected to be unveiled at RIL AGM on July 21
  • The feature phone may hit the market on August 15

The long-rumoured Reliance Jio 4G VoLTE feature phone may be unveiled at a price of Rs. 500 on July 21, the day Reliance Industries Limited is holding its 2017 Annual General Meeting. A research note by HSBC analyst Rajiv Sharma reportedly says the Jio 4G feature phone will be priced as low as Rs. 500 (less than $8) in order to get 2G feature phone users to move to the operator’s 4G network. Reliance Jiois also said to be planning to launch a new aggressively priced tariff plan to lure customers to its network.

Reliance Jio’s Rs. 500 4G feature phone

According to an Economic Times report, the HSBC research note says the Jio 4G VoLTE feature phone will be subsidised by as much as $10-15 (roughly Rs. 650-970) in order to achieve the price point of Rs. 500. The company is said to have placed an order of 18-20 million units for the handsets with Chinese vendors such as Zhejiang Techain Electronics Technology Co., Shenzhen CHINO-E Communication Co, Crave and Megaphone. Shipments will start in late July or early August.

While the Reliance Jio 4G feature phone is expected to be announced at the July 21 AGM, it will reportedly hit the market on August 15. The feature phone is expected to be launched under the Lyf brand, which is a part of the Mukesh Ambani-backed Reliance Digital.

New Reliance Jio plan

Along with the 4G feature phone, Reliance Jio is said to be launching a more aggressively priced tariff plan to reach more users. This new Jio plan is said to be priced at Rs. 80-90, but it is not yet known whether the tariff will be limited only to buyers of the 4G feature phone or for customers using the network on smartphones as well. Just this week, the company launched a new offer that provides customers with 224GB of 4G data, but this is limited only to those buying a new JioFi device, and not for existing users.

In its April regulatory filing, the operator said it has 112.55 million users on its mobile network. A low-priced, 4G-enabled feature phone with a complimentary tariff plan will give Reliance Jio access to millions of consumers who still use 2G handsets due to the prohibitory costs of smartphones. Of course, this move is expected to further increase the competition in the telecom industry, which has been bleeding since Jio started operations in September last year.

According to previous leaks, the Reliance Jio 4G VoLTE feature phone will come in two variants: one featuring a Qualcomm processor, and the other with a Spreadtrum chip. In terms of specifications, Jio 4G feature phone is said to have a 2.4-inch display, 512MB RAM, 4GB internal storage, microSD card support, 2-megapixel rear camera, VGA front camera, Wi-Fi, GPS, and NFC. With 4G VoLTE support, buyers will be able to access digital content on the feature phone courtesy the free subscription to Jio apps. In fact, leaked photos of the device show dedicated hardware buttons in the front for MyJio, JioTV, JioCinema, and JioMusic apps. Voice calls and SMSs are also expected to be free with the device

Reliance Jio broadband service

Reliance Jio is also expected to launch a broadband service – named JioFiber – soon, which might just be announced at the AGM as well. The service is already under testing right now in six cities, though the company said it has plans to expand the trial to more cities. A flyer for the Jio broadband service says users will get 100GB data and 100Mbps speed with connection, and the service will be free for the first three months. However, they will have to pay a refundable security deposit of Rs. 4,500.

source: http://gadgets.ndtv.com/telecom/news/reliance-jio-4g-volte-feature-phone-price-launch-date-specifications-1720838

 

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Tech Stories

FLYING TRAINS COULD BE COMING YOUR WAY

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It sounds like something Q, the tech guy in James Bond movies, would create: A plane that lands on a runway, shrugs its wings off, turns into a train and rolls on to rails to drop you off at your local station.

That’s what a French entrepreneur, who’s made millions by connecting engineers with industrial groups, is pitching to Boeing Co. and others. “Link & Fly” is Akka Technologies’s new flagship aircraft design, with wings that come off to hasten turnover at airports and make boarding easier and closer to passengers’ homes.

“After cars go electric and autonomous, the next big disruption will be in airplanes,” Akka’s Chief Executive Officer Maurice Ricci said in an interview in Paris. Boeing is among prime customer targets for Akka, as it seeks to limit its dependence on the likes of Airbus SE and Renault SA in Europe.

With Akka’s futuristic concept, passengers would board a train-like tube at a neighborhood station and have their retinas scanned for security during the ride to the airport. Wings would then be attached to the pod for take-off. The company has showcased the idea in a 3D mock-up video, gathering interest from potential customers in Asia, Ricci said, without naming any company.

Disruptive Flights

Plane makers have begun to react as technology companies come up with disruptive ideas — from Uber’s investments in flying taxis to Kitty Hawk, a startup backed by Google’s co-founder Larry Page that’s creating a battery-powered single-person plane. Airbus took the offensive with a new division to oversee transport of the future, while Boeing has made a noisy foray into jetpacks.

While Akka’s not banking on convincing a plane maker to necessarily build the entire “Link & Fly” concept, it’s betting on the design to be an attention grabber and a showcase, parts of which are likely to end up in customers’ commercial aircrafts down the line.

For planemakers and the companies gravitating around them Asia, and especially China, offer opportunities for new business. Chinese plane builder Comac is developing its own fleet, and could turn to the European aeronautics ecosystem for technology partners.

Akka, which has a market value of 1.1 billion euros ($1.3 billion) and whose biggest shareholder is Ricci, employs engineers that customers can hire on a project basis as consultants. The company developed an autonomous car concept in 2008 and in 2014 partnered with Dassault Systemes to offer services to carmakers.

The stock has risen about 23 percent this year, multiple times the 1.8 percent increase in the benchmark CAC 40 Index and a matching jump in the broader SBF120 Index.

U.S. Market

Similar to Airbus’ A320 jet in size and target usage, the Akka Link & Fly carriage for short-range flights carries 162 passengers and the seats can be taken out to move freight instead. With the wings clipped on, and the engines fixed on top, the design has wingspan of about 49 meters, is 34 meters long and 8 meters high.

Akka generates 75 percent of its sales in France and Germany and became more dependent on auto manufacturing with the takeover of a Daimler engineering unit about seven years ago. The Paris-based company hopes its new concept will woo new aeronautics customers in the U.S. The purchase of Texas-based engineering firm PDS Tech in June is a first step. Ricci expects the acquisition to close in three to six months.

“Planes need to become more efficient, less polluting and less noisy,” said Ricci. “Our role is to point our customers to technologies of the future.”

 

 

 

 

Source: Bloomberg

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Mobile Phones

FACEBOOK IS LAUNCHING A NEW MEMORIES PAGE TO REMIND YOU OF THE DAYS WHEN FACEBOOK WAS GOOD

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Facebook announced a new page today called “Memories,” where it’ll surface old content from the days of Facebook past. It’s similar to the “On This Day” feature you’ve likely seen in your News Feed. In addition to “On This Day,” memories will include a few new sections, including Friends Made on This Day, seasonal or monthly recaps, and memories you might have missed from the past week. It’s a simple feature that’ll probably give people happy feelings that they’ll then want to share.

The company has been attempting to perfect “On This Day” since it launched, in an effort to only surface positive posts and not painful memories. Users can dismiss stories in their News Feed or block out specific people, dates, or date ranges in their preferences. It also automatically detects potentially negative memories based on friend reactions and keywords; the post then will stop showing up in News Feeds. Clearly, Facebook wants to keep things cheery, at least when it comes to reminiscing, and it’s willing to take Memories out of the feed so as to not trigger anyone who wasn’t expecting a dark post.

 

 

 

 

Source:  The Verge

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Business

BANK OF CHILE HIT BY CYBER-ATTACK, HACKERS ROB MILLIONS

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Shares in the Bank of Chile were down on Monday after it confirmed hackers had syphoned off $10 million (roughly Rs. 67 crores) of its funds, mainly to Hong Kong, though the country’s second-largest commercial bank said no client accounts had been impacted.

The cyberheist is the latest in a string of such attacks, including one in May in Mexico in which thieves used phantom orders and fake accounts to steal hundreds of millions of Mexican pesos out of the country’s banks, including Banorte.

Shares in the Bank of Chile, which is controlled by the Chilean Luksic family and Citigroup, were down 0.47 percent at CLP 100.4 ($.16) in mid-day trading.

Bank CEO Eduardo Ebensperger told Chilean daily La Tercera in an interview on Saturday that hackers had initially used a virus as a distraction, prompting the bank to disconnect 9,000 computers in branches across the country on May 24 to protect customer accounts.

Meanwhile, the hackers quietly used the global SWIFT bank messaging service to initiate a series of fraudulent transactions that were eventually spotted by the bank and cancelled but not before millions were funnelled to accounts abroad.

“The [attack] was meant to hurt the bank, not our customers,” Ebensperger said.

Ebensperger said a forensic analysis conducted by Microsoft had determined the attack was the work of a sophisticated international group of hackers, likely from eastern Europe or Asia, and that the bank had filed a criminal complaint in Hong Kong.

The bank said in a May financial statement that it would work with insurers to recoup the lost funds.

 

 

 

 

source: Gadgets 360

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