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June 2021
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News Headlines
Multan knocks Quetta out of PSL with 110-run win        WTC Final: Kohli eyes legacy, Williamson prize for consistency in battle of equals        India extends USD 100 million Line of Credit to Sri Lanka for solar energy projects        China successfully launches first crew to new space station        Biden, Putin discuss ambassadors, nuclear weapons and more        Pre-monsoon showers in national capital        Sonia taken Covid jabs, govt should inoculate all instead of creating non-issues: Cong        PM should acknowledge his mistakes, seek expert help to rebuild India: Rahul        PM invites world to invest in India        Yuvraj Singh becomes face of PUMA Motorsport in India        Dutee expects Olympics spot on basis of world rankings if not through qualification timing        India's fuel demand rebounds in June        Power consumption grows 9.3 pc in first half of June        UK expands COVID-19 vaccination drive to cover all over-21s        China says nuclear fuel rods damaged, no radiation leak        Tourists delighted after Taj Mahal reopens after two months        Odisha extends partial lockdown till July 1, opens borders with Chhattisgarh, Jharkhand        PM to launch customised crash course for Covid frontline workers        Unseeded Krejcikova wins maiden Grand Slam title in Paris        Diesel at Rs 100 mark in Rajasthan; Karnataka sees Rs 100/ltr petrol        
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Business News
Working closely with Jio to build affordable smartphone: Google CEO Pichai
 
New Delhi: Google CEO Sundar Pichai on Thursday said the company continues to engage closely with partner Jio on the initiative of building an affordable smartphone and that work is underway on the project.

Last year, Google had picked up a 7.7 per cent stake in Jio Platforms for Rs 33,737 crore. It had also entered into a commercial agreement with Jio Platforms to jointly develop an entry-level, affordable smartphone.

"We are focused on building an affordable phone... we are committed to making progress on the project and we are working with them (Jio)," Pichai said in a virtual conference with select reporters from Asia Pacific.

He, however, did not divulge other details, including possible launch date and pricing.

Availability of affordable devices, along with cheap data rates can help bring the internet within reach for more people across the country.

Google's investment in Jio Platforms was part of 'Google for India Digitisation Fund' that was announced last year. In July last year, Pichai had unveiled plans to invest Rs 75,000 crore (USD 10 billion) in India over the next five to seven years to help accelerate the adoption of digital technologies in the country.

"Google is also looking at new opportunities to deploy funds from its USD 10 billion India Digitisation Fund (IDF), and will make some announcements later this year," Pichai said on Thursday.

Talking about the impact of COVID-19 on these projects, Pichai said the pandemic has highlighted the importance technology plays in people's lives.

"...We realise the importance technology plays, and be it building products like Google Meets or working to make sure all of this works well on their (telecom operators') networks, and bringing more affordable access to smartphones and computing, it's just deepened our efforts there," he said.

The India-born executive also talked about some of the announcements made earlier this month at its flagship I/O 2021 event. The company had announced a slew of new features including new privacy settings, AI tools and release of the first beta of Android 12 that will become part of its products over the course of the year.

Talking about ethical use of artificial intelligence (AI) tools in technology, Pichai said it is still early days and that the company is approaching the subject by being transparent, sharing and publishing research, and highlighting AI principles among other ways.

"Over time, we'll have to figure out responsible AI regulations, which promotes innovation, but balances it with responsible oversight...We should never lose sight of the benefits AI is going to bring, just like technology has always brought tremendous benefits and work hard to address the downsides and mitigate it, I think that's a construct all of us have to do globally," he said.

Pichai added that Google intends to be a "responsible partner" and thought leader in this area.

"We are all investing in privacy preserving, I think we all need to improve practices across the industry, and we are working to do that on the web and mobile. We need to meet user expectations," he said.

Pichai noted that there is premium (paid) content and free content which is ad supported, and that both are available to users.

"...We just need to give users tools and controls, choices and newer techniques by which we preserve their privacy," he added.


India extends USD 100 million Line of Credit to Sri Lanka for solar energy projects
India's fuel demand rebounds in June
Power consumption grows 9.3 pc in first half of June
Diesel at Rs 100 mark in Rajasthan; Karnataka sees Rs 100/ltr petrol
Rupee slips 13 paise to 73.02 against US dollar in early trade
Disruption in operations may lead to demand uncertainty in home improvement categories: Asian Paint
Seven of top-10 most valued firms add over Rs 1.15 lakh cr to m-cap; RIL lead gainer
RBI projects retail inflation at 5.1 pc in FY22 on supply-side measures, monsoon
Mukesh Ambani draws nil salary
Urban Company raises USD 255 mn, valuation crosses USD 2.1 bn
Ashok Leyland expects plants to be operational only for up to 10 days in June
China's central bank tries to stop surge in currency's value
Google, Facebook updating website to reflect new grievance officer appointed under IT rules
SBI & IBA announces various support measures and launch of new loan products by all Public Sector Banks
Honda 2wheelers India resumes production at its plants across India in a phased manner
Canon celebrates 50th anniversary of its first Interchangeable Lens for SLR
MakeMyTrip launches quarantine & isolation facilities across 12 cities
Gati to exit cold chain solutions biz; Q4 consolidated loss widens to Rs 173.40 cr
Multi-language voice assistants in Tata Motors cars
Apple CEO faces tough questions about app store competition
KERALA NEWS
Kerala govt orders SIT probe into ''illegal'' tree felling in Wayanad
 Thiruvanathapuram: In view of raging controversy over the alleged illegal felling and smuggling of c  
LDF govt hand in glove with timber mafias, alleges Union Minister Muraleedharan
COVID-19:Kerala reports 14,233 new cases, 173 deaths
16,204 COVID-19 Cases, 156 Deaths Reported In Kerala
INTERNATIONAL NEWS
China successfully launches first crew to new space station
 Beijing/Jiuquan, Jun 17 (PTI) China successfully launched its longest crewed space mission to date o
Biden, Putin discuss ambassadors, nuclear weapons and more
UK expands COVID-19 vaccination drive to cover all over-21s
China says nuclear fuel rods damaged, no radiation leak
NATIONAL NEWS
Pre-monsoon showers in national capital
 New Delhi, Jun 17 (PTI) Several parts of the national capital received light to moderate pre-monsoon
Sonia taken Covid jabs, govt should inoculate all instead of creating non-issues: Cong
Tourists delighted after Taj Mahal reopens after two months
Odisha extends partial lockdown till July 1, opens borders with Chhattisgarh, Jharkhand
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