One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd. s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that s predictable.We have enough money in the bank to last 21 quarters if we keep spending at the same rate as last year, Vijay Shekhar Sharma, chief executive officer of One97 that owns Paytm, said in an interview to Bloomberg TV in Hong Kong.One97, which was founded in 2000 by Sharma, doesn t plan to sell shares in an initial public offering for at least three years, Sharma said.The company has received funding from Intel Capital, private-equity firm SAIF Partners and Fitbit Inc.-backer Sapphire Ventures LLC.A Morgan Stanley fund marked down the value of its investment in Flipkart by more than 25 percent, paring the valuation to $11 billion in less than a year from as high as $15 billion.India s only food-tech unicorn, Gurgaon-based Zomato Media Pvt., saw its billion-dollar valuation slashed in half this month by analysts at HSBC Securities and Capital Markets India .Paytm started as a provider of value-added-services for mobile phones and later evolved into a marketing platform for consumer brands to reach customers via text messages and voice calls.The payment-processing system Paytm is the public face of One97.Its businesses include mobile-recharge services and an e-commerce platform where consumers can find goods including clothing and cameras.

In Japan, some people now can use their eyes to unlock their smartphones, rather than their fingers.If Delta ID has its way, smartphone users in the United States and other countries will soon have the same option.A startup based in Newark, California, Delta ID specializes in iris recognition technology.Government agencies such as those that oversee border control have been using iris recognition devices for years.And EyeLock, a New York-based startup, has developed a portable iris sensor targeted at consumers and small business that can be plugged into PCs.But Delta ID is pioneering the use of iris recognition in smartphones, where it could replace fingerprint sensors and passcodes.Iris detection systems are generally thought to be significantly more secure than those based on fingerprints, with far less chance of mistaken identity.But iris sensors can work even if a person is wearing dark sunglasses or is on the move.And Delta ID s system appears to work just as fast as the latest version fingerprint sensors.Because the hardware is almost identical to the cameras and flashes that phone manufacturers already put in their devices, it should also be relatively inexpensive for them to incorporate the ActiveIris system, he said.

Our primary family digital photo library now at 50,000 photos , for example, still lives on our desktop as well as in the cloud , as do our Quicken finances, TurboTax taxes, and other critical files.Throw in innovative new small form factor desktops like Intel s Skull Canyon NUC and you have people who may not have considered desktops giving them a serious second look.That number is expected to eventually fall below half, but in many business environments, a fixed, large computing device is still very much an asset.The most compelling and newest demand for desktop PCs, however, is being driven by virtual reality.They still provide the best experience for a wide variety of consumer and business computing applications, and for that reason, will continue to hold an important place among technology solutions for some time to come.Bob O Donnell is the founder and chief analyst of TECHnalysis Research, LLC a technology consulting and market research firm.

They re startups hoping to win investments from HPE s venture capital arm.Putting money into startups is a way for the company to contend with new technologies from rivals like Amazon.com Inc. and Google.Every quarter she hosts Coffee With Meg gatherings, listens to presentations from startups, asks pointed questions, and helps decide who will get the company s money.Whitman s VC push comes after witnessing huge writedowns that cost the company more than $15 billion early in her tenure.Also in 2012, it said it would write down about $8 billion after purchasing Electronic Data Systems four years earlier.In November, HP underwent a massive corporate split from what s now called HP Inc., which sells computers and printers.The purpose of this is for us to actually be in the market all the time, understanding the emerging technologies, he said.Corporate venture capital is nothing new; Google and Intel Corp. both have investment arms.Ananth said the group is also looking at possibly expanding internationally and getting into new fields such as artificial intelligence.Already, HPE is seeing gains from its investments.

Amazon s released AWS instances packing 2TB serving mega memory-hungry workloads such as SAP HANA.X1 instances use four Intel Xeon E7 2.3GHz processors with 10Gb per second of dedicated bandwidth and large L3 caches targeting high-performance, memory driven apps.According to AWS, these big bandwidth, mega-memory instances are ideal for running in-memory databases like SAP s HANA, plus Apache s Spark or Presto.The news comes in the wake of SAP announcing HANA is now ready as a certified – and therefore supported – option on Microsoft s AWS rival, Azure.X1s were already slated for delivery in the first half of 2016 but AWS was keen to point out SAP HANA on AWS was, all the same, just better.X1 instances are certified and available for SAP S/4HANA, Business Suite on HANA SoH , and Business Warehouse on HANA.

News: Several Intel Capital employees are expected to be transferred with portfolio.The company said 212 portfolio firms have gone public on several exchanges globally and more than 383 were acquired or participated in a merger.Earlier this month, Intel sold $2.75bn worth of bonds to refinance existing debt and a portion of notes that are due to mature in 2017.The company is shifting its focus to cloud in order to address the decline in the personal-computer market and its failure to capitalise on the switch to smartphones.As part of its changing focus, Intel is planning to cut 12,000 jobs, which equates to 11% of its workforce.The company hopes to save $750m this year, with annual run-rate savings of $1.4bn by mid-2017.

AP ImagesJohn McAfee, anti-virus software founder, current presidential candidate, and one-time murder suspect, recently announced his involvement with a company called MGT Capital Investments.Hmmm.But it s still much more valuable than it was a few weeks ago.Google FinanceAccording to a press release last week, McAfee joined MGT as Executive Chairman and Chief Executive Officer.By 2012, it had switched to acquiring intellectual property for online gaming platforms, and now is focused on acquiring, developing and monetizing intellectual property assets.And according to Michael Antonelli, an institutional equity sales trader, the stock surge shows how a press release can have drastic effects on a share price—even if it doesn t last long.

In 2015, Intel admitted that it was taking a bit longer than two years to roll out their next generation of chips, ostensibly no longer keeping up with Moore's Law, the generation s-old concept that more or less promises chip technology will double our processing power every two years.However, a new breakthrough from IBM, announced this week in Paris, could help revitalize the circuit industry and transform our digital devices.It's the concept that certain crystalline materials can exhibit reversible resistance properties in a phase change — the change from a solid to, say, a fluid.Reaching 3 bits per cell is a significant milestone because at this density the cost of PCM will be significantly less than DRAM and closer to flash, said Dr. Haris Pozidis, co-author of the paper and manager of non-volatile memory research at IBM Research in Zurich."The technology challenges are all finally addressed — of course new challenges may arise during mass production, but those aren't expected to be significant.UPDATE: Added Intel's comments ON MAY 18, 11:55 AM ET

Google uses neural nets to identify objects and faces in photos, recognize the commands you speak into Android phones, or translate text from one language to another.Big BrainsGoogle s called its chip the Tensor Processing Unit, or TPU, because it underpins TensorFlow, the software engine that drives its deep learning services.It does not appear that Google will share the designs for the TPU, but outsider can make use of Google s own machine learning hardware and software via various Google cloud services.GoogleAccording to Google, on the massive hardware racks inside the data centers that power its online services, a TPU board fits into the same slot as a hard drive, and it provides an order of magnitude better-optimized performance per watt for machine learning than other hardware solutions.Because of this, we can squeeze more operations per second into the silicon, use more sophisticated and powerful machine learning models and apply these models more quickly, so users get more intelligent results more rapidly.It also indicates that Google is more than willing to build its own chips, which bad news from any chipmaker, most notably the world s largest: Intel.

Google has begun to use computer processors its engineers designed to increase the performance of the company s artificial intelligence software, potentially threatening the businesses of traditional chip suppliers such as Intel Corp. and Nvidia Corp.During the past year, Google has deployed thousands of these specialized artificial intelligence chips, called TensorFlow Processing Units, in servers within its data centers, Urs Holzle, the company s senior vice president of infrastructure, told reporters Wednesday at the company s developer conference.Google declined to specify precisely how many of the chips it s using, but stressed the company continues to use many typical central processing units and graphics processing units made by other companies.It s been in pretty widespread use for about a year.Google has no plans to sell the specialized chips to third-parties, said Diane Greene, Google s senior vice president of cloud.Google and other big data-center operators are the largest consumers of server processors, the main engine of growth and profit for Intel, the world s biggest semiconductor maker.Graphics maker Nvidia is also pinning much of its future growth ambitions on the bet that its chips will have a larger role to play in data processing, including artificial intelligence and machine learning.Google s chip connects to computer servers via a protocol called PCI-E, which means it can be slotted into the company s computers, rapidly augmenting them with faster artificial-intelligence capabilities.As the field matures, Google might very well build more specialized processors for specific AI tasks, he said.Over time, Google expects to design more system-level components, Holzle said.Even Nvidia, which makes traditional graphics processing units that have been adopted for machine learning, is beginning to add more custom elements to its hardware.

Asus seems to be gearing up to launch a refreshed version of its ZenBook UX305 super-slim laptop that was launched last year.Customers will be able to choose from a model with a 3,200 x 1,800 resolution and a model with a 1,920 x 1,080 resolution.The screen will be protected by an anti-glare coating for outdoor use, and play host to a built-in HD webcam.The review unit also had a 256GB solid state drive from Micron that managed 460MB per second in the CrystalDiskMark Read Test.Overall, the only real drawbacks we saw with the UX305UA was its overall plain design and a lack of a backlit keyboard, the latter of which Asus has obviously fixed with the upcoming UX306UA model.However, when this updated ZenBook will be released here in the United States is unknown at this point, but the listing itself indicates that its arrival could be rather soon.

John McAfee, anti-virus software founder, current US presidential candidate, and one-time murder suspect, recently announced his involvement with a company called MGT Capital Investments.Hmmm.But it s still much more valuable than it was a few weeks ago.Google FinanceAccording to a press release last week, McAfee joined MGT as Executive Chairman and Chief Executive Officer.By 2012, it had switched to acquiring intellectual property for online gaming platforms, and now is focused on acquiring, developing and monetising intellectual property assets.And according to Michael Antonelli, an institutional equity sales trader, the stock surge shows how a press release can have drastic effects on a share price—even if it doesn t last long.

Glad you could join us for another round-up of some of the web's best deals and savings.Before you get into the rest of today's selection, check out this top deal on a popular smartwatch.One of its best devices, the Pebble Steel is a great example of a fun-yet-functional smartwatch, using a monochrome LCD screen that gives it long battery life, and does all the basic smartwatchy things you want it to – like serving up emails and alerting you to notifications – without unnecessary complications, alongside a whole load more handy functions.Interested?It is being sold elsewhere online right now for around £130-£150, so it's definitely a decent saving to take advantage of.TV & videoGamingHeadphones & audioPanasonic SC-AKX18E-K: 350W Mini Hi-Fi CD System Wireless Audio Streaming refurbished now £59.99 at EBAY-GBComputingAcer Aspire E5-573: 15.6-Inch Laptop Notebook Blue - Intel Pentium 3556U, 8 GB RAM, 1000 GB HDD, Integrated Graphics, Windows 10 now £299 at Amazon UKWearables

John McAfee, anti-virus software founder, current US presidential candidate, and one-time murder suspect, recently announced his involvement with a company called MGT Capital Investments.Hmmm.But it s still much more valuable than it was a few weeks ago.Google FinanceAccording to a press release last week, McAfee joined MGT as Executive Chairman and Chief Executive Officer.By 2012, it had switched to acquiring intellectual property for online gaming platforms, and now is focused on acquiring, developing and monetising intellectual property assets.And according to Michael Antonelli, an institutional equity sales trader, the stock surge shows how a press release can have drastic effects on a share price—even if it doesn t last long.

Glad you could join us for another round-up of some of the web's best deals and savings.Before you get into the rest of today's selection, check out this top deal on a popular smartwatch.One of its best devices, the Pebble Steel is a great example of a fun-yet-functional smartwatch, using a monochrome LCD screen that gives it long battery life, and does all the basic smartwatchy things you want it to – like serving up emails and alerting you to notifications – without unnecessary complications, alongside a whole load more handy functions.Interested?It is being sold elsewhere online right now for around £130-£150, so it's definitely a decent saving to take advantage of.TV & videoGamingHeadphones & audioPanasonic SC-AKX18E-K: 350W Mini Hi-Fi CD System Wireless Audio Streaming refurbished now £59.99 at EBAY-GBComputingAcer Aspire E5-573: 15.6-Inch Laptop Notebook Blue - Intel Pentium 3556U, 8 GB RAM, 1000 GB HDD, Integrated Graphics, Windows 10 now £299 at Amazon UKWearables

Best of Swiss Web/obs via AP ImagesGoogle has built its own computer chip.It threatens the future of commercial chip makers like Intel and nVidia—particularly when you consider Google s vision for the future.According to Urs Hölzle, the man most responsible for the global data center network that underpins the Google empire, this new custom chip is just the first of many.Hölzle declined to go into specifics on how exactly Google was using its TPUs, except to say that they handles part of the computation needed to drive voice recognition on Android phones.Moorhead wonders if the new Google TPU is overkill, pointing out that such a chip takes at least six months to build—a long time in the incredibly competitive marketplace in which the biggest Internet companies compete.Asked why Google built its chip from scratch rather than using an FPGA, Hölzle said: It s just much faster.

Even a ThinkPad T-Series starts around $800, and rapidly goes up from there.With four more USB ports two USB 2.0, two USB 3.0 , gigabit Ethernet, VGA, DisplayPort, power, and a headphone/microphone port, it lets you set your ThinkPad up at your desk by plugging in a single cable.Our HDTune benchmark showed an average read speed of 355.2MBps and an access time of 0.161 milliseconds, which is in line with our other results.It s also not enormous, with measurements that are only .75 inches thick, 12.69 wide, and 8.77 inches deep.The form factor manages to be simultaneously lightweight and sturdy, the input devices are top-tier, and the battery life is great.It benefits from an excellent keyboard, lots of connectivity, and durable design.

Chromebooks recently beat out Macs in terms of shipments, according to one analyst firm.Now it appears Google has a plan to turn that feat into an ongoing sales streak: Android apps.As the company announced during Google I/O 2016, Google plans to bring the entire Play Store—Google s repository for Android apps—to Chrome OS.But here s the catch: The upcoming Android apps functionality will only work with future Chromebooks and select existing Chromebooks that rolled out in the last two years, as Ars Technica first noticed.How about a 2015 Dell Chromebook 11 3120 with an Intel Celeron processor and 2GB of RAM?As for users who haven t yet touched a Chromebook, if anything will help Chrome OS catch on in the consumer market it s Android apps.

It will be a significant step forward in performance Lund University now have a new supercomputer. The key, according to Dell has been usability. Among the groups include Astronomy, High Energy Physics, BMC, LBIC and MAX IV, says Jonas Lindemann, director of Lunarc which is Lund University's powerful computing clusters. Aurora based as said on Dell servers, specifically their M630 blade servers with two Intel Xeon 2650v3 Haswell processors. The servers are installed in the M1000e blade chassis and each of them has at least 64 GB of memory and two local disks 1TB. Flops is short for floating point calculations per second, in English: floating-point operations per second.

It was only a few months ago that we slapped a five-star rating on the Asus ZenBook UX305 and now the company is back with the Asus ZenBook UX306.Well, the most immediately noticeable changes are the addition of a USB Type-C port and backlit keys, but you can expect beefier specs too, as under the hood you're looking at an Intel Core i5 6200U or Core i7 6500U processor and up to 16GB of RAM, which will hopefully be enough to address our concerns about the graphics capabilities of the UX305.The ZenBook UX306 is launching with a choice of 256GB or 512GB of solid state storage and has a 13.3-inch anti-glare screen in either 1080 x 1920 or 3200 x 1800 resolution, which is largely in line with the UX305.Familiar good looksThe stylish aluminum build looks largely similar and at 324 x 226 x 13.9mm and 1.19kg the dimensions and weight aren't much changed either.Other features include a full USB 3.0 port for all those accessories that aren't USB-C-ready , 802.11ac Wi-Fi and the promise of up to 12 hours of battery life, plus the company's IceCool technology built in, to prevent the palm rest heating up.The big remaining questions are what it will cost and when you'll actually be able to buy it, but sadly Asus hasn't answered either of them yet.