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Google io 18 – Here’s All You Need To Know

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This year saw the clash of two major tech companies led by Indians for grabbing the spotlight with their unique features, latest additions and in some cases, a completely rebranded focus. Microsoft Build 2018, which kicked off on 7the May, was still going on when Google launched its own annual Google I/O developers conference.

Technology giant Google just wrapped up the first day session of its annual developers conference, Google io 2018. The keynote address, although short, had some major announcements including the upgrades to its Assistant, Artificial Intelligence (AI) and machine learning. Chief Executive Officer of Google, Sundar Pichai started the conference by laying out the overall direction the company would be taking post the conference. Pichai spoke about the biggest controversies the company faced last year, namely the placement of cheese in the burger emoji and the floating foam in the beer emoji. Over 7000 people present there and millions watching online finally realised why Google is so serious about its emoticons.

Since their io last year, the company made a lot of progress in terms of AI and Machine Learning (ML.) This year’s platform concentrated on software over hardware as well as in showcasing the integration of AI and ML in the day to day life. Here are the highlights from the Google io 2018 developers conference.

Core Mission – According to Pichai, the core mission of the company this year will be to make information more useful accessible and beneficial. This includes taking into consideration the expectations of technology in the different parts of the world and the opportunities available.

Google AI – The company is empowering industries around the world by integrating AI into various technologies. These machine learning systems offer deeper analysis and newer insights as compared to regular technologies.

GBoard With Morse Code – In an attempt to make language and speaking easier and more accessible to people all around the world, Google introduced a new feature to its GBoard. The GBoard with Morse Code feature allows people with disability to use the application freely, thereby communicating easily.

Gmail – After completely redesigning the Google email system, Gmail, the tech giant added a new feature called Autocompose to the email system. Using ML, users will now get predictive phrases while typing an email and autocomplete sentences. From addresses to content, the ML system analyses the previous text to predict the next sentence.

Google Photos – Over 5 billion photos are viewed every day by users. Making the app more user friendly, Google added a new feature called App Actions to the photos app which suggests smart actions. The AI system can perform actions like sharing the images with people in the photos and editing images to make them look better with just one click. Adding to that, Google photos can also convert documents to PDF format.

Tensor Processing Units – Special purpose machine learning chips, the Tensor Processing Units, drive the AL and ML systems and product improvements in the company. These chips are now also available to Google’s Cloud partners as well. The company launched the next version of these units, TPU 3.0 during the conference which uses liquid cooling systems as they are 8x times more powerful.

Google Assistant – Trying to make the Google Assistant sound more human, the tech giant stitched together the voice of a real person code named Holly. In order to get the accents and language right for users all over the world, Google also brought in American singer John Legend. His voice as the Assistant will be released later this year. The Assistant is currently available in over 500 million devices. The Assistant will also be able to support 30 languages in 80 countries by the end of this year. Apart from that, users will not have to use the command ‘Hey Google’ or ‘OK Google’ every time they interact with the Assistant. Users can use the command, in the beginning, ask multiple questions within the same request.

Google Research – The tech firm is rebranding its Google Research division to Google AI with an increased focus on computer vision, natural language processing, and neural networks.

Android P – Although the Android P preview was released in March, Google finally revealed the official update of Android P along with some new features. AI is a huge part of the operating system such as AI driven auto brightness, Adaptive Brightness. The new operating system also incorporates new system navigation for multitasking and one handed use, using gestures and vertical controls.
Google News – In a revamped version of Google news, the tech firm will leverage AI to “allow users to keep up with the news they care about, understand the full story, and enjoy and support the publishers they trust.” The new AI powered Google News is also redesigned and will leverage elements found in Google’s digital magazine app, Newsstand and YouTube.
Google Duplex – The new feature, Google Duplex, is powered by the Google Assistant and can make robocalls for everyday tasks like scheduling a hair appointment or making a restaurant reservation. Integrated with AI and ML, Duplex can carry a conversation like a human and adapt to the conversation.
Google Digital WellBeing – In a world where people are addicted to their devices, Google aims to bring a balance to the phone experience in Android P. For this purpose, the company has launched four new features namely Dashboard, App Timer, Do No Disturb, and Wind Down to help users use their phones in a much healthier manner.
  • Dashboard: The Dashboard shows users how often they have been using particular apps.
  • App Timer: The App Timer allows users to set an amount of time to use a certain app and turns the icon grey once the time is up.
  • Do Not Disturb Mode: Much like the current Do Not Disturb feature, this new application ensures users get no visual or sound alerts.
  • Wind Down: The Wind Down feature helps users put down their phones,  setting the whole screen to grayscale.
These are some of the major highlights from the first day of the Google Developers Conference. What was your favorite feature? Let us know in the comments below!

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Bernard Arnault Replaces Bill Gates As Second Richest Man In The World

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According to a report released by Bloomberg, Bill Gates, the co founder of Microsoft, was replaced as the world’s second richest person by Bernard Arnault, the Chairman of LVMH.  Bill Gates was ranked as the 2nd richest person in Bloomberg’s Billionaires Index for the last 7 years. However, he was replaced by Arnault after the French businessman added $ 39 billion in 2019 to his wealth, pushing his net worth to $ 108 billion.

 

Arnault, aged 70, joined world’s most exclusive wealth club after Jeff Bezos and Bill Gates, when his fortune surpassed the $ 100 billion mark for the first time in June 2019.  As the chairman and CEO of the luxury goods maker LVMH, most of Arnault’s wealth comes from his holdings in Louis Vuitton and Christian Dior.  He holds a 97 % stake in Christian Dior. Apart from Louis Vuitton, Bernard also oversees 70 other luxury good companies like Givenchy, Marc Jacobs, Sephora and Fendi, to name a few. 

 

Arnault and his family are among the list of luxury titans who pledged more than $ 650 million for the reconstruction of the Notre Dame Cathedral, which was destroyed by a massive fire in April 2019.

 

Bill Gates, with a net worth of $ 107 billion, lost the title of being the world’s second richest man because of his philanthropic work.  Gates donated over $ 35 billion to the Bill and Melinda Gates Foundation, founded in 2000 by him and his wife Melinda Gates.  The primary focus of the Foundation is to enhance healthcare and reduce extreme poverty. Amazon’s Bezos’ net worth was up slightly this year to $ 125 billion, despite his divorce settlement with his former wife MacKenzie Bezos, which saw MacKenzie keep 4% stake in his multinational technology company.  This made MacKenzie Bezos the 4th richest woman in the world.

 

Declared the richest man in Europe, Bernard Arnault has been climbing the ladder to success continuously.  His $ 39 billion addition to his wealth in 2019 alone, according to Bloomberg, is the biggest individual gain among the 500 people it ranks. 

 

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iPhone Unknown Facts

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Introduced by Steve Jobs in the year 2007, the iPhone is a technological revolution which changed the fate of smartphones forever.  It is also safe to say, the iPhone is one of the most coveted smartphones in the world.  

Here is a list of few things you may not know about this amazing piece of technology.

 

Unknown facts about iPhone

 

1) The iPhone was originally called ‘Purple.’ Scott Forstall, the ex software head of Apple, revealed, the phone was initially named ‘Purple,’ after ‘Purple Dorm,’ the building where it was built and developed.

2) Cisco Systems owns the patent for the name iPhone for its VoIP phone.  When Apple released its iPhone, Cisco sued Apple for using its name. Both the companies then reached a settlement and agreed to work together on products later in the future.

3) If you ever observed the iPhone commercials, you will notice, all the iPhones show the time as 9:41 A.M.  Apparently, 9:41 A.M., was the time when Steve Jobs first unveiled the iPhone.

4) The retina display on the iPhone is its most expensive feature.

5) We are all aware of the rivalry between Apple and Samsung.  Samsung was seen trashing the iPhone in many of its commercials.  Still, it looks like these companies are not rivals after all. According to technology intelligence experts, the processor that powers the iPhone is actually manufactured by Samsung.  Now that’s a shocker.

6) When the iPhone was introduced, founder Steve Jobs first used it to make a prank call to order 4,000 lattes from a nearby Starbucks store. 

7) iPhones are the most profitable products created by Apple.  They account for up to 70 % of Apple’s total revenue.

8) The iPhone earned 73 % of the profit of the smartphone industry in 2018. 

9) In 2007, iPhone was awarded the Invention of the Year by TIME magazine.

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10) By 2015, Apple sold around 700 million iPhones.  Reports also suggest, the users of iPhone are more loyal to their brand than Android users.

Do you know any other interesting facts about the iPhone?  Comment below and let us know.

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Union Budget 2019 – Startups Get Major Advantages

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The Union Budget of India is mostly about giving us an insight into how the government decides to spend public funds for the overall development of the Country. 

India’s Finance Minister, Nirmala Sitharaman, presented her maiden budget to the Parliament on Friday and walked us through the various plans which may take India’s economy to $ 5 trillion by 2025. 

The Indian startup ecosystem felt, the Interim Budget, which was helmed by Piyush Goyal in February, had overlooked their problems. 

However, giving a major boost to thousands of startups across the Country, the Narendra Modi led Government announced a list of measures the Government is going to take to “release the entrepreneurial spirit” in the Country.

Keep reading to find out what the Budget for new India has in store for business heads and startup founders.

 

Budget 2019 highlights for startups

1) The Modi Government will soon launch a TV program exclusively for the startups in India, which will air on the Doordarshan channel.  This program will serve as a medium through which emerging startups could meet venture capitalists and investors.  This TV program will be directed, executed and run by startups themselves.

 

2) The Startup India Scheme, which was launched in 2016 to support entrepreneurship among women and marginal segments of the society by providing them financial assistance, has produced more than 300 entrepreneurs as of today.  Mrs. Sitharaman said, this scheme will continue till 2025. This can prove to be a major boost for aspiring entrepreneurs.

 

3) A reduction in Goods and Services Tax (GST) and Income Tax for electric vehicle (EV) makers and owners has been proposed in the Parliament.  This move could prove to be profitable for EV startups in the Country.

 

4) Sitharaman announced, startups will no longer be under the scrutiny of Angel Tax.  Angel tax is applicable to startups which have raised their capital by selling shares above the market value.  This excess capital is considered as income and taxed accordingly, a move which was started in 2012. The waiver of angel tax could be a huge relief for startup owners.

 

5) The Finance Minister proposed a 100 percent foreign direct investment (FDI) to insurance intermediaries.  The FDI limit is currently 49 %. Apart from this, the Government also announced 100 % FDI in single brand retail startups.  Startups like PepperFry and UrbanLadder, which operate single brand stores, will benefit from this move.

 

6) The Government will also establish around 100 business incubators—80 for livelihood businesses and 20 for tech, in the financial year 2019-20.  According to the Government, this will help create up to 75,000 skilled entrepreneurs.

 

7) Businesses with an annual turnover below Rs. 5 crores can file quarterly GST returns, said Sitharaman. 

 

Apart from all this, the several measures announced for labour laws, rental segment and education can have an indirect impact on the startups of our Country.  With so many incentives announced to boost the Indian startup ecosystem, we may see a substantial growth in Indian startups.

What is your opinion about Union Budget 2019?  Comment below and let us know. 

 

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