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Fitbit CEO on Wearable Gadgets, the Future of Sensors, and Wall Street

Fitbit CEO on Wearable Gadgets, the Future of Sensors, and Wall Street

Fitbit CEO James Park talks about why he doesn’t think stand-alone activity trackers will die out, and why he doesn’t worry about the company’s stock price. In the six years since Fitbit began selling its first fitness tracker, a $100 clip-on device …Continue reading

Toyota to Halt Production for a Week in Japan

MITTRP Desk: A shortage of parts will temporarily stop production at the world’s top-selling automaker, Toyota, in Japan for an entire week. According to reports the shutdown will run from February 8 to February 13 and vehicle production outside Japan won’t be …Continue reading

Yahoo Inc to Slash 15pc Workforce

MITTRP Desk: Yahoo Inc is set to slash 15 percent of the company’s workforce and closing several business units as part of its cost-cutting plans. Reuters while quoting a story in the Wall Street Journal reports that the plans are expected to …Continue reading

Nokia, Samsung Patent Dispute Settled

MTRPK Desk: The patent dispute between Nokia and Samsung has been settled as the International Court of Arbitration of the International Chamber of Commerce issued its award for the binding arbitration between the two tech giants. Reportedly, Nokia expects to receive at …Continue reading

Tech for Agriculture in Uganda

MITTRP Desk: The World Bank will host a hackathon in Uganda next month in which participants will develop mobile app prototypes to address agricultural challenges in the region. The #Hack4Ag (February 23-27 in Kampala, Uganda) aims to help jumpstart agricultural innovation in …Continue reading

Brazilian Military Authorized to Block Mobile Calls During 2016 Olympics

Brazilian military has been authorized by the country’s telecoms regulator, Anatel, to block mobile phone calls during Olympic and Paralympic Games and during ‘operations to guarantee law and order’. The 2016 Olympics & Paralympics will take place in Rio de Janeiro in …Continue reading

MIT A Rise in Electricity Tariff for Karachi

NEPRA approves K-Electric request of rise in Tariff by 57.661 paisa per unit for November 2015. MTRPK Desk: The National Electric Power Regulatory Authority (Nepra) allowed K-Electric to increase tariff to 57.661 paisa per unit for November 2015 under fuel adjustment mechanism …Continue reading