Marissa Mayer Fades Out as Yahoo Set to End Its Run

HIGHLIGHTS

  • Verizon-Yahoo deal recently got a nod to be completed on June 13
  • Marissa Mayer will be departing the company with $186 million
  • She became the Yahoo CEO in 2012

Marissa Mayer was hailed as Yahoo’s savior when she took charge of the pioneering Internet firm five years ago.

But Mayer was unable to stem the decline of the iconic Silicon Valley company, which is set to close a deal on Tuesday selling its core Internet operations to telecom giant Verizon.

She is likely headed for the exit as Yahoo ends two-decade run as an independent company, getting a departure package worth an estimated $186 million.

Marissa Mayer Fades Out as Yahoo Set to End Its Run

Mayer inherited a company in protracted decline, having lost its leadership as an Internet search company to Google and falling behind others like Facebook in serving money-making ads to users.

She is the latest in a line of chief executives who tried to reinvent Yahoo, and her experience at rival Google inspired hope.

“Marissa inherited a mess, in a company that had already lost its leadership role in search,” said Creative Strategies president and analyst Tim Bajarin, who has known Yahoo since its early days.

Mayer, 42, joined Google in 1999 as its 20th employee and led efforts for hit products, including its flagship search product and homepage.

At Yahoo, where she became CEO in 2012, she went on a buying spree that included a $1 billion acquisition of blogging platform Tumblr to reach a younger audience.

She also cut more than a thousand jobs.

“Buying your way out of a problem like this is rarely going to solve your trouble,” analyst Rob Enderle of Enderle Group said of acquisitions racked up at Yahoo.

Yahoo’s finances have been skewed by its stake in China’s Alibaba. It bought a 40 percent stake in Alibaba in 2005 for $1 billion and its current holding is now worth many times that amount, dwarfing the value of its Internet operations.

It also has a multibillion-dollar stake in Yahoo Japan. These holdings will not be transferred to Verizon but remain in a separate entity named “Altaba.”

Like to dislike
A survey released last month by business insights specialty website Owler ranked Mayer as the second most disliked chief executive, behind the head of United Airlines.

“Career-wise, Marissa is done,” Enderle said.

“She’s rich, so she could certainly fund herself as a venture capitalist but if she doesn’t work on her skill set she is going to lose a lot of money as a VC.”

Enderle put fault on the Yahoo board, saying Mayer was put in a “very bad spot” and failed to provide a mentor for a job she had never done before.

 

“Like our president, it shows that when you take someone with no idea what they are doing and put them in a job they shouldn’t do, it will end badly,” Enderle said.

Born in a small Wisconsin city, Mayer worked at a grocery store before attending Stanford University, where she studied computer science.

While her intellectual skills qualify her as a nerd, her blond good looks and star quality have put her on the cover of magazines including Fortune, Vanity Fair and Vogue, where pictures of her featured in a fashion spread.

Glamour magazine named her “woman of the year” in 2009 and she has been on several lists of influential tech personalities.

Pioneered search
Yahoo was one of the first companies that enabled users to find their way online, but lost its role as a leader.

It is selling its core Internet operations to telecom giant Verizon for $4.48 billion, capping a long decline from when it had a peak market value of some $125 billion (roughly Rs. 8,05,723 crores) in 2000.

Founded in 1994 by Stanford University students David Filo and Jerry Yang, Yahoo was created as a type of directory for the Internet. It was originally called “Jerry and Dave’s Guide to the World Wide Web.”

Its initial public offering in 1996 was the largest for a tech startup at the time.

Based in Sunnyvale, California, Yahoo became the leading “portal” for the Internet, with a home page that allowed users to click on categories such as sports, finance and movies, or search for information.

“In a way, Yahoo introduced the concept of search,” Bajarin said.

“They started diversifying with all these content layers and in the process didn’t put enough engineering resources in the search engine.”

Google launched in 1998 and usurped Yahoo’s search throne.

While Yahoo will continue to exist under Verizon, it remained to be seen what the telecommunications firm will do with it.

“You’re losing an iconic figure of Silicon Valley,” Bajarin said.

More than 1,000 jobs could be shed as redundant positions get eliminated at combined AOL and Yahoo operations, according to US media reports. Verizon is expected to merge those two operations into a new unit called Oath.

Amazon India Says It Has Doubled Its Seller Base in Less Than a Year

HIGHLIGHTS

  • Amazon has crossed two lakh digital entrepreneurs-mark in just four years
  • It has also done partnerships with several national and state government
  • This will open online opportunity for thousands of Indian artisans

Amazon India on Tuesday announced it has crossed two lakh digital entrepreneurs-mark in just four years of its operations and in less than a year of crossing the one lakh seller-count last July.

“This fast pace of adoption of the Amazon India marketplace by retailers – online and offline as well as first generation digital entrepreneurs – has come on the back of various unique, India-first innovations like feet on street teams, self-service registration, Chai Cart and Tatkal that helped take this digital opportunity to lakhs of SMEs (small and medium enterprises) in tier II and tier III geographies,” the e-commerce major said in a statement.

Amazon India Says It Has Doubled Its Seller Base in Less Than a Year

The statement added that partnerships with several national and state government bodies was helping unlock this online opportunity for thousands of Indian artisans, weavers and craftsmen in the country.

 

“We have not only introduced Indian sellers to our globally successful offerings for sellers…but have constantly innovated specifically for Indian sellers to address their unique challenges,” said Gopal Pillai, Director and General Manager, Seller Services, Amazon India.

“Our teams have done an admirable job focusing on our core seller experience, seller enablement and seller success. The fast-paced adoption of our marketplace by sellers speaks volumes of their trust in us to help them grow and succeed,” he added.

Ericsson Mobility Report Sees Growth in Data Traffic, VoLTE Subscriptions in India by 2022

HIGHLIGHTS

  • Ericsson unveiled its Mobility Report 2017 for India
  • Sees an uptake in data traffic driven by increased video consumption
  • 4G users nearly 1.5 times more satisfied than 3G users

As we enter a time where the most popular term in technology today is the Internet of Things, that is expected to surpass mobile phones as the largest category of connected devices by 2018, we now also see the beginnings of 5G network deployment that will look to support IoT, and a growing need for enhanced mobile broadband capabilities, according to a new report by Ericsson.

The recent approval of the Non-Standalone 5G New Radio (NR) that will enable early 5G deployment, will help achieve more than half a billion 5G subscriptions by 2022, according to the Ericsson Mobility Report 2017. Companies such as Verizon have begun 5G trials in the US, while Indian telecom operators are also expected to adopt 5G technology this year.

Ericsson Mobility Report Sees Growth in Data Traffic, VoLTE Subscriptions in India by 2022

But before 5G takes over, Ericsson sees 4G, or LTE, will overtake GSM by 2018 to become the dominant access technology, making it the fastest growing mobile technology in history, having already covered 2.5 billion people within five years.

Ericsson estimates around 29 billion connected devices by 2022, out of which 18 billion will be related to IoT. Furthermore, it sees over 1 million new mobile broadband subscribers being added each day to reach around 2.6 billion by 2022. Data growth is at its highest since 2013, thanks to a massive growth in India.

India specific growth
Ericsson on Wednesday released its Ericsson Mobility Report 2017, India Annexure, which reports specific trends in mobile traffic, subscriptions, consumer behavior, and technology uptake in the country. Mobile subscription base in India crossed 1.2 billion in Jan 2017 and is expected to increase by 4 percent, crossing 1.4 billion by 2022. One of the main reasons behind the uptick in subscriptions is the downpour of tariff offers by telcos, after Reliance Jio’s entry.

Lower tariff plans for higher data in recent months have also led to an increased amount of data consumption. According to the report, 1 exabyte (1 exabyte is 1 billion gigabytes) of traffic per month is consumed in India and is expected to grow to 8EB per month by 2022. Currently, an average of 4GB per month is consumed by an active Indian smartphone, but Ericsson sees the number rise to 11GB by 2022. 191 million cellular IoT devices by 2022.

 

Some of the other reasons driving data traffic includes and increased distribution, and consumption of video and multimedia services as well as growth in mobile banking transactions and digital payments, the latter of which can be credited in part to demonetisation.

Consumer behavior and VoLTE adoption in India
But data traffic and subscribers uptake mostly boil down to the performance of mobile broadband in India, and Ericsson says that consumers have four main indices on to measure and evaluate network performance: time taken to upload pictures to social media sites like Facebook and Instagram, time taken to open a web page, time taken for a video to buffer or load and download time for email attachments.

“As new apps continue to emerge and usage behavior evolves, network performance will play a more important role in determining smartphone users’ loyalty towards their operators in the future. In fact, mobile broadband experience in India is five times more effective in driving loyalty than tariff structure and pricing,” says Nitin Bansal, Head of Network Products, Ericsson India.

To put it down in numbers, Ericsson’s report expects smartphone subscriptions to reach 890 million by 2022 in India alone and will account for 60 percent of total mobile subscriptions in the country. As of 2016, 70 percent of all mobiles subscription are on GSM technology, and the report foresees that by the next five years, 85 percent will be on LTE and WCDMA/ HSPA technologies.

The increasing adoption of 4G will also drive VoLTE subscriptions, which is expected to reach 4.6 billion by 2022, out of which 370 million is expected to come from India. The report also reveals that 4G users are nearly 1.5 times more satisfied than 3G users, when it comes to data centric services such as video load times while streaming.

The report also highlights the benefits of VoLTE, which includes improved voice quality, high traffic capacity at lower cost, enhanced coverage, long battery life, video calling (ViLTE) from native dialer, among other things. “VoLTE represents a great opportunity for telecom operators in India who are looking to route voice calls over 4G LTE networks enabling lower cost per minute for voice calls as well as free up legacy spectrum bands for re-farming,” states Bansal.

Google Digitises Delhi’s Historic ‘Baolis’

HIGHLIGHTS

  • Google announced the project ‘Baolis of Delhi – Stepping into Step Wells’
  • It features baolis constructed between 1210-1540 with their virtual tours
  • The photographs can be viewed on the website, iOS and Android apps

As Delhi’s historical stepwells lie in ruins with the ongoing urbanisation drive, a new initiative seeks to preserve seven baolis across the city.

The baolis which were once a major source of water for civilisations that sprung up around them, are being digitised by The Indian National Trust for Art and Cultural Heritage (INTACH) in collaboration with Google.

Titled “Baolis of Delhi – Stepping into Step Wells”, the project features baolis constructed between 1210 – 1540 and offers a virtual tour of the structures through specially curated photographs.

“The effort would help to reach out to more people and provide them information about the architectural heritage of our city.

Google Digitises Delhi’s Historic ‘Baolis’

“By reaching out to more and more people we are creating public awareness which is the first step towards conservation,” Swapna Liddle, Convenor of INTACH’s Delhi chapter, told PTI.

With over 20 baolis spread across the city, most of these structures, Liddle said, have been neglected due to lack of awareness among people.

Besides documenting the popular stepwells – Agrasen Ki Baoli in Lutyens and the baoli at Hazrat Nizamuddin Dargah, the project also introduces the lesser known baolis along with interesting narratives around them.

Viewers will also get a virtual experience that enables them to have a look at the reservoirs which no longer have public access.

 

These include the baoli at Feroz Shah Kotla and Purana Qila among others.

The photographs can be viewed on the website – Google Art and Culture (GAC), and also on the corresponding application on both iOS as well as Android.

Talking about the need for collaborating with governments for initiatives to conserve historical structures, Liddle noted how a baoli in Dwarka is being restored by the Delhi government.

“We need to work in collaboration. The INTACH Delhi Chapter in fact has had a very fruitful partnership with Delhi government through which we are studying and restoring several heritage structures for the Delhi State Department of Archaeology,” she said.

When asked why only seven baolis were shortlisted for the project, Liddle said, the material picked up by Google was part of tourist literature and not a comprehensive list.

Simon Rein, programme manager – India, GAC said that the initiative is inclined towards making India’s rich heritage and culture more accessible to people at home and abroad.

“It stems from Google’s broader mission to organise and make information about world heritage more accessible to people. We want to enable users to discover artworks in new ways and help the cultural sector make the most of the digital opportunities,” he said.

Sell Bank of India, NMDC; buy Apollo Tyres, Indiabulls Housing: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, “The sell calls are simply because there are many opportunities opening up in the midcaps, not in the large caps. So the Nifty is mildly bullish and the midcaps are now giving us that sense. So the Bank of India is a short sell, I am bearish on public sector undertaking (PSU) banks for a long time and that continues.”

Image result for Sell Bank of India, NMDC; buy Apollo Tyres, Indiabulls Housing: Sudarshan Sukhani

“The other short sell is Indo Count Industries (ICL), there was a big decline and a small relief rally. So we are selling into strength here anticipating that the relief rally will end and the decline will resume. The iron ore and NMDC are going together, both are in a big mess. So NMDC probably is going to see lower levels. This is not a buy on dips stock, you continue to go short in it.”

“Two buying ideas, one is Apollo Tyres. We all understand there was a four days small decline after a big rally. That could be a bullish flag, probably more upside is coming and Indiabulls Housing Finance, I don’t even have to explain it, you just buy it,” he said.

Buy State Bank of India on dips: Gaurang Shah

Gaurang Shah of Geojit Financial Services told CNBC-TV18, “We do remain positive on State Bank of India (SBI). One should start buying and possibly on gradual dips you could definitely go on adding to it. Policies by the government are looking positive and possibly you will see huge resolution in terms of the GNPL issues which are on the balance sheet for a long time. So, go ahead but stagger out your buying.”Image result for Buy State Bank of India on dips: Gaurang Shah

At 15:19 hrs State Bank of India was quoting at Rs 284.90, down Rs 3.60, or 1.25 percent on the BSE.

The share touched its 52-week high Rs 315 and 52-week low Rs 204 on 19 May, 2017 and 13 June, 2016, respectively.

Bull's Eye: Buy Ceat, Godrej Industries, Bank of India, Rajesh Exports, Rel Infra

Bull’s Eye, CNBC-TV18’s popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.

Remember these are midcap ideas not just for the day, but stocks that look attractive in the medium-term as well.

This week, Kunal Saraogi, Sumeet Jain and Jay Thakkar battle it out for top honours.

Image result for Bull's Eye: Buy Ceat, Godrej Industries, Bank of India, Rajesh Exports, Rel Infra

Below their top stock picks and analysis:

Sumeet Jain of Destimoney Securities

Buy Godrej Industries with a stoploss at Rs 632 and target of Rs 674

Buy Rajesh Exports with a stoploss at Rs 649 and target of Rs 686

Buy Prestige Estates with a stoploss at Rs 258 and target of Rs 281

Buy L&T Finance with a stoploss at Rs 133.50 and target of Rs 147

Jay Thakkar, Head-Technical and Derivatives Research, AnandRathi Share & Stock Brokers

Buy Greaves Cotton with a stoploss at Rs 160.70 and target of Rs 173.80

Buy Bank of India with a stoploss at Rs 136.90 and target of Rs 146.90

Buy Reliance Infrastructure with a stoploss at Rs 464.90 and target of Rs 491.60

Buy Prestige Estates with a stoploss at Rs 259.80 and target of Rs 282.50

Kunal Saraogi of Equityrush

Buy Ceat with a stoploss at Rs 1830 and target of Rs 1900

Buy City Union Bank with a stoploss at Rs 190 and target of Rs 200

Buy Geojit Financial Services with a stoploss at Rs 100 and target of Rs 110

Buy IIFL Holdings with a stoploss at Rs 600 and target of Rs 635

WD Blue 3D, SanDisk Ultra 3D SSDs With New 64-Layer 3D NAND Technology Launched

HIGHLIGHTS

  • The drives offer 250GB to 2TB storage options
  • Both the SSDs sport 64-layer 3D NAND technology
  • The prices of the SSDs start at $99.99

Western Digital and its subsidiary SanDisk have launched two new solid state drives that boast of 3D NAND technology that essentially allows the company to offer more storage space at less cost. The two SSDs are called WD Blue 3D NAND SATA SSD, and the SanDisk Ultra 3D SSD, and are the first to boast 64-layer 3D NAND technology. The prices of both the SSDs start at $99.99 (roughly Rs. 6,500), and they come with a three year warranty as well.

Other existing 3D NAND SSDs include the Samsung 850 Pro, Samsung 850 Evo, and Crucial MX300, but they all use 32-layer 3D NAND, and not 64-layer. WD claims that its new SSDs are the first to be built with a 64-layer 3D NAND that allows it to reduce costs even further. To elaborate, 3D NAND technology stacks up flash memory cells in multiple layers to allow more cells in the same number of wafer bits. This density increase allows for more storage space at a reduced cost. Both the SSDs sport identical storage spaces and speeds.

The WD Blue 3D and SanDisk Ultra 3D SSDs are offered in 250GB, 500GB, 1TB, and 2TB storage denominations. Both the drives are rated to deliver up to 560MBps of sequential read speeds, and 530MBps of sequential write speeds respectively.

WD Blue 3D, SanDisk Ultra 3D SSDs With New 64-Layer 3D NAND Technology Launched

The only difference between the two drives is that the WD Blue is designed for system builders and general computing, while the SanDisk Ultra 3D SSD is meant for gamers and creative professionals. While there is no tangible timeline announced, WD says to expect the shipping to begin sometime in the third quarter.

“Delivering 64-layer 3D NAND-based SSDs into the PC segment marks a critical step in our ongoing conversion to this new technology, as well as offers long-term benefits for our customers,” said MIke Cordano, president and chief operating officer, Western Digital. “Between our two, strong brands in SanDisk and WD, and their respective loyal customer bases and distribution channels, these advanced SSDs will appeal to a very broad footprint of the computing population that are seeking the benefits of today’s newest technologies.”

Intel Core-X Series Desktop CPUs Unveiled, Including New Core i9 Chips

HIGHLIGHTS

  • Skylake-X and Kaby Lake-X will be based on the new Basin Falls platform
  • Sklylake-X series will eventually have a 18 core variant in the future
  • Intel X299 chipset will use a new LGA 2066 socket

At the ongoing Computex 2017 trade show in Taipei, Intel has introduced a brand new Core-X series of high-end desktop CPUs along with a brand new X299 chipset to go along with it. Of note, is the new Intel Core i9 series, and the 18-core Core i9 Extreme Edition. Typically, Intel’s high-end desktop CPUs have always been a generation behind their mainstream counterparts. For instance, Broadwell-E was launched at a time when Skylake was mainstream but this time, Intel has brought its high-end SKUs on par with today’s mainstream architectures with Skylake-X and Kaby Lake-X CPUs. Availability and exact pricing for India should be known in the coming months.

Intel Core-X Series Desktop CPUs Unveiled, Including New Core i9 Chips

We begin with Kaby Lake-X, which will initially launch with two SKUs – a Core i7-7740X and a Core i5-7640X. The Core i7-7740X is a quad-core CPU running at 4.3GHz and a boost clock of 4.5GHz, supports HyperThreading, 8MB of L3 cache and supports 16 PCIe 3.0 lanes. The Core i5 variant will run at a slightly lower 4GHz with a boost clock of 4.2GHz and does not support HyperThreading. The L3 cache is also a bit lower at 6MB but it does support the same number of PCIe lanes. Both CPUs will support dual channel DDR4 memory at up to 2666MHz and have the same TDP of 112W. Kaby Lake-X CPUs won’t support Intel’s Turbo Boost Max 3.0 technology.

Skylake-X CPUs will support Intel’s Turbo Boost Max 3.0 technology (except for the Core i7-7800X) along with higher core counts (up to 18 cores), more than double the PCIe lanes and support for quad-channel DDR4 memory. Intel has so far announced three SKUs for the Skylake-X CPUs, starting with the Core i7-7800X. This CPU runs at 3.5GHz with boost clock set to 4GHz and features six cores with HyperThreading. The slightly faster Core i7-7820X CPU runs at slightly higher clock speed but also packs in eight cores with 11MB of L3 cache and 28 PCIe lanes.

Intel Corei9 story intel core i9

In order to differentiate the extreme edition SKUs, Intel has introduced a brand new Core i9 series and right now, we only have details about the Core i9-7900X. The base and boost clock speeds are lower compared to the other Core-i7 models in the line up but this CPU has 10 cores with HyperThreading, 13.75MB of L3 cache and a massive 44 PCIe lanes. Intel has listed the names of future Core i9 CPUs but haven’t revealed finer details of clock speeds, cache, etc, yet. This includes the 12-core Core i9-7920X; 14-core Core i9-7940X; 16-core Core i9-7960X and the insane 18-core Core i9-7980XE.

All CPUs from the Core-X family will be using Intel’s new X299 chipset, which uses a new LGA 2066 socket. The new chipset introduced features like DMI 3.0 link which should help improve throughput times and support for Intel Optane memory. It also brings I/O capabilities like support for up to 24 PCIe 3.0 lanes, up to eight SATA 3.0 ports and up to 10 USB 3.0 ports. We can expect to see new motherboards from Intel’s board partners showing up in the months to come.

Speaking on the launch, Gregory Bryant, Corporate Vice President and General Manager Client Computing Group said in a blog post, “The Intel Core X-series processor family introduces a series of firsts that reflect the extreme performance we are delivering. This family includes Intel’s first teraflop desktop CPUs, a prime example of just how much raw compute these processors can handle. We’re also introducing the entirely new Intel Core i9 processor, representing the highest performance for advanced gaming, VR and content creation. At the top of the lineup is the new Intel Core i9 Extreme Edition processor – the first consumer desktop CPU with 18 cores and 36 threads.”

AMD Details Ryzen Mobile, Threadripper, Radeon Vega, and Epyc at Computex 2017

HIGHLIGHTS

  • Threadripper will launch in summer 2017 with multiple SKUs
  • Ryzen Mobile laptops will launch before the end of the year
  • Radeon Vega graphics cards will be released by the end of July

At a press conference on the sidelines of the annual Computex trade show in Taipei, AMD made a number of announcements covering products across its portfolio, including the Epyc platform for servers, Ryzen desktop and mobile CPUs, Threadripper enthusiast CPUs, and Radeon Vega graphics processors. However, specific details were light, and none of the upcoming products were demonstrated hands on.

AMD Details Ryzen Mobile, Threadripper, Radeon Vega, and Epyc at Computex 2017

AMD President and CEO Lisa Su welcomed top executives from Dell, Acer, Asus, HP and Lenovo on stage to show off desktop and laptop systems based on AMD Ryzen CPUs and Radeon graphics cards, all of which are being launched at Computex. All desktop Ryzen processors, including the upcoming budget-oriented Ryzen 3 lineup, have been certified as Oculus VR ready. A working sample of a sub-15mm thin 2-in-1 with a Ryzen Mobile processor was shown on stage.

amd ryzen epyc radeon AMD

Derek Yu, Global Marketing Director of Asus’ ROG gaming division introduced the ROG Strix GL702ZC laptop using a Ryzen Mobile processor, described as the world’s first 8-core gaming laptop. No price, launch date or specifications were disclosed, expect for the fact that the device is certified VR ready, and has a Ryzen 7 CPU, Radeon RX 580 GPU, and FreeSync-capable screen. Yu also stated that the ROG Strix GL702ZC delivers the highest ever performance for a consumer laptop in multi-threaded benchmarks. Ryzen Mobile laptops for consumers are expected to launch before the end of 2017, while models for corporate and enterprise customers will come out in the first half of 2018.

AMD also announced that its upcoming 16-core, 32-thread Ryzen Threadripper CPU will launch in “summer 2017”. Multiple versions will be available, some with fewer cores, but all of them will use the same X399 motherboard platform and server-based TR4 socket. All CPUs will also be able to address up to 2TB of DDR4 RAM in quad-channel mode, and have access to 64 PCIe 3.0 lanes for high-speed peripherals, such as four graphics cards. X399 motherboards from Asus, Gigabyte, MSI and ASRock are already in development and will be ready for the launch. A Threadripper CPU was also shown to the public for the first time at the event.

amd ryzen mobile AMD

On the graphics side, AMD’s Radeon Vega Frontier Edition graphics card for AI and deep learning applications will be made available on June 27, while consumer gaming graphics cards based on the same Vega architecture will be launched at the Siggraph conference near the end of July.

Finally, AMD announced that its Epyc server CPUs will be available in single- and dual-socket configurations beginning from June 20. Partners were not named, but Su stated that the company expects wide industry support.

Laptops based on Ryzen Mobile will be launched before the end of the year, the company said.