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Samsung Galaxy S22, Galaxy S22+, Galaxy S22 Ultra India pre-booking goes ‘live’ today: Price, offers

  Samsung Galaxy S22 Series: last week Samsung launched its flagship smartphones, the Samsung Galaxy S22 series. Now, the details about a pre-booking event have also been shared by the company. The pre-booking event is slated to be held on Samsung Live in a matter of hours, and during the event, customers will be able to pre-book the smartphones in these three series — Galaxy S22 Ultra, Galaxy S22+ and Galaxy S22. Customers who pre-book the Samsung Galaxy S22 Ultra during the event or till midnight on February 22 will be eligible to get a Galaxy Watch4 at a cost of Rs 2,999, instead of its usual cost of Rs 26,999, among other benefits. Samsung Mobile India's biggest sale of the year is happening on Monday, February 20, with pre-booking for Samsung Galaxy S22 Ultra. Customers who pre-book from midnight of Sunday (February 19) to Monday (February 20) get a free Galaxy Watch4 valued at Rs 2,999 instead of Rs 26,999 and get a bonus worth up to Rs 8,000. They also get a free upgrade bon...

Just Walk Out technology from Amazon allows customers in the suburbs to conveniently purchase items they need without having to leave their home.

An image of Amazon's upcoming store in Mill Creek. Today, Amazon announced that it will be bringing its Just Walk Out technology to a new format of stores aimed at suburbs. The new stores will use the Amazon Go branding that the company already uses for its locations in city centers, but will instead be located further afield and will sell food, snacks, alcohol, and "a few every day essentials." They’re convenience stores, basically, and come at a time when a shift to home working means that people are spending more time in the vicinity of their homes rather than commuting into city-based offices. Like its other Just Walk Out stores, Amazon says customers will be able to browse the store, pick up items, and then leave without having to interact with a cashier or self-checkout, unless they need help. , the store is a popular stop for people in the neighborhood. The store, which sells food, snacks, alcohol, and everyday essentials, is a popular stop for people in the...

Go read this story about patients whose eyes were replaced with bionic ones.

A patient with the Argus II implant can see again. The implant is a small device that is surgically implanted into the eye. It is used to help people who are blind or have low vision. More than 350 blind people around the world have implants in their eyes made by the company Second Sight Medical Products, which could help partially restore aspects of sight. But the company abandoned the technology a few years ago when it was teetering on the verge of bankruptcy, according to a new investigation from IEEE Spectrum. Now, if something goes wrong with the implants, users are left stranded. "It is a fantastic technology, but a lousy company," Ross Doerr, a Second Sight patient, told IEEE Spectrum. Second Sight's implants, the Argus I and the Argus II, don't restore normal vision; people see things in shades of gray that disappear when they move their heads. And results vary from person to person. Some users of the implants, which rolled out a decade ago, have strug...

Reuters reports that Jenner & Block has hired an ex-FCC lawyer and a Sprint exec from Hogan Lovells.

Signage outside of the law firm Jenner & Block in Washington, D.C., on August 30, 2020. The company and law firm names shown above are not real. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. Jenner & Block has appointed Trey Hanbury as co-chair of its communications, internet and technology practice. Hanbury is a former Federal Communications Commission lawyer and Sprint Corp executive. Hanbury has represented clients on regulatory and transactional matters for close to a decade as a partner in Hogan Lovells' Washington, D.C., office, including advising T-Mobile US Inc through its 2020 merger with Sprint Corp. He previously served for more than eight years as director of government affairs at T-Mobile. "We're now at a place where we really want to improve our wireless and satellite capabilities," said Sam Feder, the managing partner...

Reuters reports that Ocado is innovating to deliver growth, with lighter robots and hi-tech routing.

LONDON, Jan 26 (Reuters) - From lightweight robots to hi-tech van routing systems, British online supermarket Ocado unveiled a suite of innovations on Wednesday it predicted would help it raise its returns and win new customers for its technology. Ocado has already struck deals to provide its technology to supermarket groups in eight countries, including Kroger in the United States, Aeon in Japan, Casino in France and Coles in Australia, driving its market value to 10.7 billion pounds. At 1558 GMT, the stock was up 5.4%. The latest innovations include a robot that is 80% lighter than its predecessor and described by the company as "the world's lightest and most efficient grocery fulfilment bot," plus lighter warehouse grids for the bots to run on. This makes the robot easier to transport and use, which could lead to increased efficiency in the fulfilment process. Robotic arms have been developed to work with the bots to automate the picking and packing of custom...

Tech sector's recovery helped drive the Toronto Stock Exchange higher on Wednesday, with the Bank of Canada leaving interest rates unchanged.

Gold prices edged lower on Wednesday, as the dollar strengthened, with the precious metal hitting a one-week low in the previous session. Gold prices edged lower on Wednesday, as the dollar strengthened. The precious metal hit a one-week low in the previous session. The Toronto Stock Exchange's S&P/TSX composite index was up 0.5 percent at 16,362.14 points, its highest in nearly two weeks. Eight of the index's 10 main sectors gained, with the technology sector jumping 3.5 percent. Canada's main stock index gained on Wednesday as technology stocks rose sharply. The Bank of Canada held interest rates steady but flagged hikes later this year. At 20:25 a.m. ET (15:25 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 237.82 points, or 1.15%, at 20,828.8. Technology stocks, which had been under pressure from rising bond yields over the past few weeks, led gains in early trade, rising more than 3%. The Canadian central bank held its benchmark in...

Reuters reports that Biden plans to make a new effort to retain international science and tech students in the United States. Biden plans new effort to retain international science and tech students, according to Reuters.

Before a meeting with his Infrastructure Implementation Task Force, in the Cabinet Room at the White House, in Washington, U.S., January 20, 2022, U.S. President Joe Biden spoke to reporters on the situation in Ukraine. The Biden administration plans to unveil new steps on Friday to retain international students who specialize in science, technology, engineering and mathematics (STEM), as part of its effort to retain these students to compete with China, officials said. The measures will allow specialists in STEM fields to use cultural-exchange visas to stay for up to 3 years to receive training. A program that will allow those on student visas to stay for an extended period of training in areas such as data science, cloud computing and data visualization will also be expanded. "Other countries, most notably China, are using STEM talent to try to supplant the United States as the world's foremost scientific and technological innovator," one of the officials said...

The White House met with small and mid-sized firms to discuss competition in the tech sector, Reuters reported.

The company and law firm names shown above are not real. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. Officials from the White House met with small and mid-sized companies on Wednesday to discuss competition issues in the tech sector. This comes as momentum grows in the U.S. Congress to rein in large technology companies. Bruce Reed, president Joe Biden’s top tech advisor and deputy chief of staff, attended the meeting along with Brian Deese, director of the National Economic Council, and executives of smaller tech firms such as Sonos and Yelp Inc, the White House said. The meeting focused on the challenges entrepreneurs, brick-and-mortar retailers, and other businesses face competing in sectors where a few large platforms dominate, the White House said in a statement. At the meeting, concerns were discussed about the fees charged by large technology compan...

Reuters reports that Playtech's breakup looks worth a flutter.

A roulette table at Japan Casino School in Tokyo, Japan has a spinning wheel. This picture was taken on August 4, 2018. LONDON, Feb 3 (Reuters Breakingviews) - Playtech’s (PTEC.L) hopes for a sale keep turning into busted flushes. The gambling technology firm’s investors on Wednesday rejected an offer from Aristocrat Leisure (ALL.AX), valuing it at 3.2 billion euros including debt. A mooted bid from former racer Eddie Jordan has also fallen apart. Happily, the group may be able to unlock value by splitting its Italian bookie operations from its technology division, which serves operators like Switzerland’s Casinò Lugano. Refinitiv analysts polled expect Playtech's sales to have grown by 11% in 2021. If both units grew at an equal clip, the Italian unit could have generated 142 million euros of EBITDA. That would value the Italian unit at 7.7 times EBITDA, which would net 1.1 billion euros. To rival Aristocrat's offer, the remaining software division would need to be worth...

Taiwan's export orders hit a record high in December, the government said on Thursday, but warned that global supply chains could be disrupted by the U.S.-China trade war. Taiwan's export orders hit a record high in December, the government said on Thursday. The government warned that global supply chains could be disrupted by the U.S.-China trade war.

The export orders of Dec increased by 12.1% y/y as compared to the 8% increase that was forecasted in the Reuters poll. The Ministry sees Jan orders between +11% and +13.8% y/y The Ministry says that the supply chain problems are easing, but they are still present. Taiwan's export orders grew faster than expected in December to a record high due to sustained technology demand, but the government warned of supply chain uncertainty that could affect the outlook. The government warned that the outlook could be affected by supply chain uncertainty. Taiwan's export orders, a bellwether of global technology demand, rose 12.1% from a year earlier to $67.9 billion last month, the highest monthly figure on record, data from the Ministry of Economic Affairs showed on Thursday. The ministry said strong demand for semiconductors, flat panels and other electronics goods drove the increase. The economy has been expanding for 22 straight months, with the pace much faster than the ...

SoftBank Group Corp. said it returned to profitability in the latest quarter, as the Japanese tech giant benefited from a rebound in its domestic telecom business and a weakening yen. SoftBank Group Corp. said it returned to profitability in the latest quarter, as the Japanese tech giant benefited from a rebound in its domestic telecom business and a weakening yen. The company's operating profit came in at ¥252.5 billion ($2.3 billion) for the three months ended in September, compared with a loss of ¥223.5 billion a year earlier.

Seven employees at a Starbucks in Memphis were fired on Tuesday after seeking to unionize their store. This is one of several dozen Starbucks stores where workers have filed for union elections since December. A Starbucks spokesman said the employees had violated company policies related to safety and security. The union seeking to organize the store accused Starbucks of retaliating against the workers for their labor activities. The firings relate at least in part to the interview that workers conducted at the store with a local media outlet. Reggie Borges, a company spokesman, said in an email that Starbucks fired the workers after an investigation revealed violations. He cited a photograph on Twitter showing that store employees had allowed media representatives inside the store to conduct interviews, in which some of the employees were not wearing masks. “That is a clear policy violation, not to mention the lack of masks,” Mr. Borges wrote. Among the violations, Mr. Borge...

Tobii has announced that it is in talks with Sony to provide eye tracking for the PlayStation VR2.

Despite providing some details at CES 2022, Sony might not have locked down PlayStation VR2 specifications. Tobii says it's in talks to provide eye tracking technology for the next-gen VR headset. The discussions are "ongoing" and the firm can't share the potential financial impact of the deal. The negotiations must be divulged to honor EU market regulations. We've asked Sony for comment. The company previously confirmed the PlayStation VR2 would use eye tracking, but didn't name a tech supplier or explain in detail how the feature would work. The headset will also use camera-based "inside-out" tracking to detect head and controller movement. The revelation suggests PlayStation VR2 might not arrive for a while. If Sony still hasn't chosen a provider for a key feature like eye tracking, a launch is still a long ways off. Not that this would be a complete surprise. Sony first teased PlayStation VR2 in early 2021, and warned there was "...

Video reviews will be used during the 2022 North and Central American soccer tourneys.

The Video Assistant Referee (VAR) is being used more and more in soccer, and it seems like it will be sticking around for a while. CONCACAF has revealed that they will be using the technology in many of their 2022 competitions, including all of the remaining qualifiers for the FIFA World Cup, the men's and women's U20 Championships, and the W Championship. The organization's decision to expand the use of VAR was prompted in part by success with the technology in 2021 competitions like the CONCACAF Champions League, Gold Cup and Nations League Finals. The Confederation said progress on VAR had been "considerably" delayed due to the COVID-19 pandemic, but now has enough VAR-qualified referees and venues to expand the technology's use. Despite receiving FIFA's approval for World Cup use in 2018, VAR still has its critics. Enthusiasts are concerned that the requests for video reviews can slow down matches, and that the use of centralized review hubs coul...

SoFi CEO says he owns bitcoin and ether. He warns that companies who don't take advantage of crypto will be 'left behind.'

SoFi CEO Anthony Noto at Los Angeles Memorial Coliseum on September 15, 2019 in Los Angeles, California. Brian Rothmuller/Icon Sportswire via Getty Images SoFi CEO Anthony Noto at Los Angeles Memorial Coliseum on September 15, 2019 in Los Angeles, California. Brian Rothmuller/Icon Sportswire via Getty Images Anthony Noto, CEO of SoFi, said that he and his family own some cryptocurrency. "We own bitcoin, we own ethereum, we own some of the more obscure and different cryptocurrencies," Noto told CNBC. "We're looking to invest in more." He also warned companies that don't recognize the benefits of blockchain technology may get "left behind." Subscribe to the TradingView newsletter to get the latest news and analysis on the markets, delivered to your inbox daily. Something is being loaded. Email addresses are used to send and receive messages. Email addresses are used to send and receive messages. They are also used to identify the send...

India plans to launch a digital rupee in the next year and plans to tax crypto-related income at 30%, according to the finance minister.

The finance minister said that the Indian government will roll out a digital currency over the coming year. India has previously suggested banning crypto, but now plans to regulate and tax it, the minister said. India has a large number of crypto investors, estimated to be between 15 and 20 million. Subscribe to the Trading View newsletter to get the latest news and analysis on the markets, delivered to your inbox daily. Something is loading. Email addresses are used to send and receive messages. Email addresses are used to send and receive messages. They are also used to identify the sender and recipient of a message. By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers. You also agree to our Terms of Service and Privacy Policy. Cryptocurrencies are gaining popularity in India, with the finance minister announcing plans for a digital currency on Tuesday, along with a framework to regulate and tax crypto assets. Fi...

1. Smart maps can help businesses keep track of their social media promises. 2. Smart maps can help businesses better understand their customers. 3. Smart maps can help businesses connect with their customers. 4. Smart maps can help businesses better understand their competition.

Mapping technology and location intelligence can help you measure success and improve your work. Opinions expressed by Entrepreneur contributors are their own. In order to be successful in the era of corporate social responsibility, a new business must address two crucial questions: What need does my product or service fulfill? How does it help society at large? It's easy to make a promise, harder to keep it. In recent years, companies have been making many vows to do better. Whether a business promises to reduce its carbon footprint, be more equitable in hiring or better serve a group in need, consumers are increasingly demanding more transparency. Many companies make similar pledges, so it is understandable for the public to be skeptical of corporate commitment to causes. So how can you show that your corporate social responsibility isn't just a marketing strategy and that you're really doing the work? is a way to learn. 2. Show and tell is a way to share. I...

Bill Ackman and Cathie Wood lead the charge back into tech stocks as the sell-off attracts bargain-hunters

Bill Ackman is the founder of investment company Pershing Square. He is also the company's CEO. Bill Ackman and Cathie Wood have been buying up shares in technology companies, as the sell-off attracts dip-buyers. Hedge fund legend Ackman said last week that he thinks Netflix is a good investment at its current price. Star stock-picker wood has increased her bet on Tesla, buying more than $20 million of stock. Subscribe to the TradingView newsletter to get the latest news and analysis on the markets, delivered to your inbox daily. Something is being loaded. Email addresses are used to send and receive messages. Email addresses are used to send and receive messages. They are also used to identify the sender and recipient of a message. By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers. You also agree to our Terms of Service and Privacy Policy. After a steep sell-off, hedge-fund legend Bill Ackman and star stock...

The future of corporate social responsibility is accelerating sustainability.

has been in business for over 100 years. IBM has been a part of the business world for over 100 years. IBM is committed to being a responsible and sustainable company. IBM is responsible and sustainable. It's easy to take for granted modern privileges that let some populations easily weather a storm. Those luxuries could be the confidence of knowing that lights turn on when you flick on a light switch, or the ability to make a living while working remotely in the comfort of your home. However, for many people, these luxuries are not a given. According to the World Bank, climate-related disasters and natural hazards push 26 million people into poverty each year. The obstacles these communities face will get worse without funding or access to technical, financial, and institutional resources to enable them to be more resilient in responding to climate change. One possible way to address this problem is to fund environmental nonprofits, but these organizations often lack suff...

This is a question that is difficult to answer. DXC Technology is a new company, and its stock may not be stable in the future.

DXC Technology helps multinational companies operate their mission-critical systems and operations while modernizing their IT, optimizing their data structures, and assuring their security and scalability across public, private, and hybrid clouds. The stock of the Mc Lean, Va.-based concern has increased in price by 15.9% over the past month. However, the company reported weak financials in the last reported quarter. In addition, the business revised its revenue contraction forecast for 2022 from a range of 1% – 2% to a range of 2.2% – 2.3%. This could impact its stock’s price performance in the coming weeks. This could have an impact on its stock’s price performance in the coming weeks. What could shape DXC's performance in the near term are the following: Positive development is a process that helps people grow and change in positive ways. Positive development is the process of growing and changing in positive ways. DXC has announced the launch of a new global DXC Se...

1. How will this new technology improve our business processes? 2. Is the new technology affordable? 3. Is the new technology reliable and scalable? 4. How much training will be required for employees to use the new technology? 5. How will the new technology impact our existing business processes and systems?

If you want to make sure that your business is getting the most out of its technology, you need to ask the right questions before upgrading. This will create a digital support system that is tailored to your specific needs. Opinions expressed by Entrepreneur contributors are their own. If you're ready to introduce or upgrade some technology tools, you are on the way to seeing great benefits. But shopping for the technologies you need can be tedious. Today, there are more options to choose from than ever. How will you know which mobile, scanning or printing devices are right for your business's specific operations? And will they come preloaded with the software you need to make tasks or reporting easier, or will you have to shop around for that separately? Before choosing the tech you think will be a good fit for your company, it’s fundamentally critical to recognize a mobile computer or printer is only a “solution” if it doesn’t create more work for your team. In a lot ...

Disney has appointed a leader for its virtual reality strategy.

Disney is getting more serious about the metaverse. Illustration by Alex Castro / The Verge According to a memo CEO Bob Chapek sent to employees (via Reuters and CNBC), Disney is appointing an executive to head up its metaverse plans. Mike White, who previously held the title of SVP of consumer experiences and platforms, will now be SVP of next generation storytelling and consumer experiences. "For nearly 100 years, our company has been redefining entertainment by leveraging technology to bring stories to life in deeper, more impactful ways," Chapek said in the memo, which Disney shared with The Verge. Today, we have an opportunity to connect those universes and create an entirely new paradigm for how audiences experience and engage with our stories,” he continued. “This is the so-called metaverse, which I believe is the next great storytelling frontier. Pursuing our strategic pillars of Storytelling Excellence, Innovation, and Audience Focus is the perfect way to ach...

Mozilla and Meta propose a new privacy-preserving ad technology.

Mozilla engineer Martin Thomson reveals they've been collaborating with Meta on new technology that can measure "conversions" from advertising while still preserving privacy. The proposed new technology is called Interoperable Private Attribution, or IPA. IPA has two key privacy-preserving features. First, it uses Multi-Party Computation (MPC) to avoid allowing any single entity — websites, browser makers, or advertisers — to learn about user behavior. Mozilla has some experience with MPC systems as we've deployed Prio for privacy-preserving telemetry. Second, it is an aggregated system, which means that it produces results that cannot be linked to individual users. Together these features mean that IPA cannot be used to track or profile users. IPA provides a lot of flexibility for businesses to use the system in a way that best suits their needs. Cross-device and cross-browser attribution options let businesses track users across devices and browsers, while mai...

This is a guide on how to never lose your umbrella again.

It’s a fundamental fact of human life that we lose about 100% of the umbrellas we buy. Just about everyone has experienced that moment when you’re six blocks away from the restaurant and the rain starts to fall, bringing to mind a crystal clear image of your umbrella on the floor under your table. This is why every convenience store in the universe always has a supply of cheap umbrellas on hand: People lose them constantly and need to buy new ones. There are some ways to prevent yourself from leaving your umbrella behind that have been tried and true. Science has been working on the problem, and it turns out, there are some ways to prevent yourself from leaving your umbrella behind that have been tried and true. Play games on your mind. One of the main reasons we lose so many umbrellas is because we assign no value to them—and that’s likely because you bought the cheapest one you could find the last time you got stuck in a downpour. Without any sort of investment, you subconsci...

Apple is rumored to be working on a softPOS solution that could threaten the dominance of mPOS titans like Square and PayPal.

Apple is developing technology to let merchants accept contactless payments with their iPhones, according to reports. Apple is planning to launch a new payments product that will be aimed at merchants. Insider Intelligence offers insights, charts, and forecasts on the Payments & Commerce industry. Learn more about becoming a client. Insider notifications! Keep up to date with what you want to know. Receive push notifications Get push notifications You will be able to receive push notifications. A close icon is an image of two crossed lines that form an 'X'. It is used to close an interaction or dismiss a notification.

Disney has appointed an exec to run its metaverse and his first job is to figure out what the hell it is.

According to Reuters, Mike White, an 11-year veteran at Disney who previously worked at Yahoo, has been named the head of the company’s metaverse strategy. The appointment, which was announced through an internal email on Tuesday, suggests Disney is taking this whole metaverse thing very seriously, even if no one can quite agree on a definition of what the metaverse even is yet. "For nearly 100 years, our company has been a pioneer in the entertainment industry, using technology to bring stories to life in new and innovative ways," Disney CEO Bob Chapek said in an email to Disney employees on Tuesday, according to Reuters. "Today, we have an opportunity to connect those universes and create an entirely new paradigm for how audiences experience and engage with our stories," Chapek continued. Disney first announced in November it had plans to make a splash in the virtual world, following on the heels of Facebook’s announcement that it would be changing the nam...

Nvidia's Drive computer will be included in all Jaguar Land Rover cars by 2025.

Jaguar Land Rover is teaming up with Nvidia to install high-powered computers in its vehicles to enable advanced driver assistance and autonomous driving features. Starting in 2025, all JLR vehicles will come with Nvidia’s Drive Hyperion platform, the companies said. Hyperion is the latest iteration of Nvidia's Drive platform that allows automakers to customize their own driving features. And Orin is the chipmaker's system-on-a-chip, similar to Tesla's Full Self-Driving chip or Intel's Mobileye EyeQ. This new hardware will form the basis for a new suite of driving features, including advanced driver assistance systems, automated parking, and autonomous driving, the companies said. . Starting in 2025, all JLR vehicles will come with Nvidia’s Drive Hyperion platform, which provides an end-to-end solution for autonomous driving. "Orin is the AI brain of the car, and Drive Hyperion is the car's central nervous system," said Danny Shapiro, Nvidia's v...

Reuters reports that Australia's stock market has fallen, with investors selling risky assets as the crisis in Ukraine continues.

Shares in Australia fell on Friday as global sell-offs flared up after tensions between the United States and Russia over Ukraine. Technology stocks led the losses. The S&P/ASX 200 index (.AXJO) was down 0.9% at 7,224.30 points, as of 0016 GMT, but was set for a third straight weekly gain. The benchmark closed 0.2% higher on Thursday. Shelling in Ukraine on Thursday renewed fears of an imminent Russian invasion. U.S. President Joe Biden said there was every indication Moscow planned to attack Ukraine, while Russia accused Washington of stoking tensions. The developments in Ukraine have also added to the uncertainty about the path of the U.S. Federal Reserve's tightening plans to fight inflation. QBE Insurance (QBE.AX) was the top loser on the benchmark, plunging nearly 11% after its full-year profit missed estimates. to a two-month low, while Macquarie Atlas Roads (MQA.AX) lost 2.5% to a more than four-month low. Technology stocks (.AXIJ) hit their lowest levels sin...

Reuters reports that Alpine sign water company BWT as F1 title sponsors.

Formula One F1 - Young Driver Test - Yas Marina Circuit, Abu Dhabi, United Arab Emirates - December 14, 2021 Esteban Ocon of Alpine during testing REUTERS/Hamad I Mohammed Formula One team Alpine has announced that BWT will be their new title sponsor. The Renault-owned team will incorporate BWT's pink colour scheme into its traditional blue as part of the deal starting this season, the team said in a statement. The long-term agreement will also involve Alpine and BWT working together to "spread the message of sustainability around the world," the pair added. Alpine will set up bottle-free zones at its factories and races as part of eliminating single use plastics. BWT has a long history of sponsoring Aston Martin, going back to the team's Racing Point and Force India days. The Silverstone-based outfit last week announced that they have partnered with Saudi energy giant Aramco. BWT's tie-up with Alpine had been expected for some time. Aston Martin...

Reuters reports that Japanese shares followed Wall Street lower, with technology stocks weighing on the market.

Japanese shares fell on Friday, with technology heavyweights tracking Nasdaq's 1% fall overnight, as fears of inflation and higher interest rates stoked risk aversion. The Nikkei share average (.N225) lost 1.5% to 27,365.50 by 0221 GMT, after dropping as much as 2.3%. The broader Topix (.TOPX) fell 1.02% to 1,918.77. The Nikkei was down 2.6% for the week, while the Topix was 2.9% lower. Kazuharu Konishi, head of equities at Mitsubishi UFJ Kokusai Asset Management, said the market tracked the Wall Street and chip-related shares became a target of a sell-off after the Nasdaq's losses. Investors will remain cautious about making any positive or negative comments about U.S. rates until the Federal Open Market Committee meets next week. The main indexes on Wall Street ended sharply lower overnight, as investors considered whether equities were bargains after a sell-off to start the year that has seen the Nasdaq fall into a correction territory. Tokyo Electron (8035.T),...

The finance minister of India said that the central bank will launch a digital cryptocurrency.

A security guard is seen next to the logo of the Reserve Bank Of India (RBI) at the RBI headquarters in Mumbai, India, June 6, 2019. REUTERS/Francis Mascarenhas India will impose a tax of 30% on income from cryptocurrencies and other digital assets, finance minister Nirmala Sitharaman said while presenting the federal budget on Tuesday. Aside from placing earnings from cryptocurrencies and non-fungible tokens (NFTs) in India's highest tax band, Sitharaman also said losses from their sale could not be offset against other income, delivering another disincentive to trading and investment in digital assets. This could have a significant impact on the Indian cryptocurrency market. Crypto investors in India are estimated to number between 15 and 20 million, with total holdings worth around 400 billion rupees. There is no official data on the size of the Indian crypto market. Supporters of digital currencies have been hoping that the establishment of a formal tax framework coul...