Sri Lanka election: Rajapaksa brothers declare victory

Image copyright EPA Image caption Mahinda Rajapaksa’s party is hoping to secure a “super majority” Sri Lankan President Gotabaya Rajapaksa has declared victory in the country’s parliamentary election. His brother Mahinda Rajapaksa is expected to be installed as prime minister, having held the role as caretaker since November. The brothers’ party, Sri Lanka People’s Front, is approaching the two-thirds “super majority” of seats needed to carry out its promised constitutional changes. The final tally is due early on Friday. Mahinda Rajapaksa earlier tweeted that Indian Prime Minister Narendra Modi had…

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Amidst Growing #BoycottChina Chorus, Samsung Pips Xiaomi to Regain Top Spot in Indian Mobile Market

Image for Representation. In the overall phone market, which takes into account both the feature and smartphones, Samsung has a market share of 24 percent followed by Xiaomi and Vivo. News18.com Last Updated: August 7, 2020, 5:25 PM IST South Korean smartphone manufacturer Samsung has surpassed Xiaomi to regain its top spot in the overall handset market in India in the April-June period, according to a report by research firm International Data Corporation. Notably, Xiaomi’s slip from the top spot, a position it firmly held for the last…

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Global AI Market to See 12.3% Growth in 2020, Revenues to Reach $156.5bn: IDC

Worldwide revenues for the Artificial Intelligence (AI) market, including software, hardware, and services, are expected to total $156.5 billion in 2020, a growth of 12.3 per cent over the previous year, according to a new forecast by International Data Corporation (IDC). While this year’s growth is somewhat slower than previous years due to the economic impact of Covid-19, investment in AI will recover quickly, said the IDC ‘Worldwide Semiannual Artificial Intelligence Tracker’. Worldwide AI market revenue revenues are likely to surpass $300 billion in 2024 with a five-year compound annual…

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Global AI Market to See 12.3% Growth in 2020, Revenues to Reach $156.5bn: IDC

Worldwide revenues for the Artificial Intelligence (AI) market, including software, hardware, and services, are expected to total $156.5 billion in 2020, a growth of 12.3 per cent over the previous year, according to a new forecast by International Data Corporation (IDC). While this year’s growth is somewhat slower than previous years due to the economic impact of Covid-19, investment in AI will recover quickly, said the IDC ‘Worldwide Semiannual Artificial Intelligence Tracker’. Worldwide AI market revenue revenues are likely to surpass $300 billion in 2024 with a five-year compound annual…

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Swapping shorts for thermals, ‘I’m A Celebrity’ moves to UK from Australia

LONDON British broadcaster ITV will this year hold its reality TV show “I’m A Celebrity … Get Me Out of Here” in a ruined English castle in winter instead of the heat of the Australian jungle, as COVID-19 restrictions make global travel all but impossible. Forcing a group of celebrities to take part in “Bushtucker Trials” to win food and avoid elimination, the programme has become a ratings winner for the commercial channel as contestants battle to win a public vote. ITV said the celebrities would have to swap their…

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Mi NoteBook 14, ASUS ROG Zephyrus G14, and Other Laptop Deals

It’s the second and last day for the Amazon Prime Day sale which continues to offer thousands of products on deals and offers. From smartphones to smart TVs, laptops to IoT and smart devices, there are some decent deals that you can get. Amazon has partnered with HDFC Bank to offer a 10-percent instant discount if you happen to use the bank’s credit card or debit card. Additionally, there will be no-cost EMI options as well as 5-percent reward point and 5-percent instant discount for Amazon Pay ICICI Bank credit…

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Uber rides take COVID-19 hit but food-delivery business doubles

Homebound customers of Uber Technologies Inc more than doubled their orders from the company’s food-delivery service in the second quarter but demand for ride-hailing trips only marginally recovered from pandemic rock-bottom. The company said that despite those larger challenges it is sticking to its goal of being profitable on an adjusted basis before the end of 2021 thanks to stringent cost-cutting measures and a strong balance sheet. Uber recorded an adjusted loss in earnings before interest, taxes, depreciation and amortization of $837 million (636 million pounds) in the second quarter.…

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SoftBank seen booking 75% first-quarter profit drop as it returns to profitability

TOKYO SoftBank Group Corp is seen booking a 75% first-quarter profit plunge on Tuesday, albeit making a return to profitability, as the coronavirus outbreak continued to weigh on the tech bets of CEO Masayoshi Son’s $100 billion Vision Fund. The Japanese conglomerate is expected to record operating profit of 171 billion yen (1.2 billion pounds) for April-June, showed the average of three analyst estimates compiled by Refinitiv. That would compare with 625 billion yen in the same period a year earlier. Analysts grapple with uncertainty over how the Vision Fund…

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German band keeps on swingin’ through pandemic

BERLIN Undeterred by the coronavirus, a Berlin-based swing band has been streaming nightly gigs from the family living room since the start of lockdown and is determined to carry on until the pandemic is over. Andrej Hermlin finished his last live in-person performance in tears back in March when he realised the crisis would bring an abrupt end to his concerts. “Never in 35 years of my career has that happened to me – I was in tears. I sat at the piano and played and cried because I knew…

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Bipasha Basu, Karan Singh Grover Reunite for Suspense Thriller Series

Bipasha Basu and Karan Singh Grover This is the second time Bipasha Basu and Karan Singh Grover are working together, after the 2015 horror film Alone. IANS Last Updated: August 7, 2020, 4:40 PM IST Bollywood couple Bipasha Basu and Karan Singh Grover reuniting on screen after five years. They will be seen in a thriller titled ‘Dangerous’, co-starring Suyyash Rai, Natasha Suri, Sonali Raut, and Nitin Arora. The project is written by Vikram Bhatt and directed by Bhushan Patel. Dangerous is about a young millionaire (Karan) whose…

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Samsung Pips Xiaomi to Regain Top Spot in Indian Mobile Market: IDC

Image for Representation. In the overall phone market, which takes into account both the feature and smartphones, Samsung has a market share of 24 percent followed by Xiaomi and Vivo. News18.com Last Updated: August 7, 2020, 4:24 PM IST South Korean smartphone manufacturer Samsung has surpassed Xiaomi to regain its top spot in the overall handset market in India in the April-June period, according to a report by research firm International Data Corporation. Notably, Xiaomi’s slip from the top spot, a position it firmly held for the last…

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