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» The homepage of Entrepreneurs & Product Geeks

  • The farmer gets Rs. 1 on your 250 Rs coffee (value chain) (www.tribuneindia.com)

    To gain high profit levels, companies are squeezing the grower’s price.
    For every cup of hot coffee that costs consumers Rs 250 on an average in any upscale coffee bar/lounge, the farmer’s share is only Re 1.

    In India, coffee prices have been on the decline for almost three decades, thereby further aggravating the crisis in the picturesque coffee belt. To overcome growing debts, estimated at over Rs 8,000 crore, many growers have turned their homes into home.

  • FASTags Have Actually Increased Waiting Times at Toll Plazas (www.news18.com)

    The average waiting times for vehicles at toll plazas increased by 29%, even though FASTags accounted for more than 60% of the total toll collection.

    The central toll plaza traffic monitoring system which collects live data from 488 toll plazas across India reports that the average waiting for vehicles was 7 minutes and 44 seconds, in the period between November 15, 2019 and December 14.

  • bangalore-traffic

    Bengaluru beats Mumbai when it comes to home loan and personal loan (www.livemint.com)

    People in Bengaluru are walking away with the highest home loan and personal loan.On an average, women are borrowing more than men in terms of ticket size.

    The highest home loan ticket size in India during 2019 was ₹2.2 crore while Mumbai stood second at ₹2 crore, BankBazaar Moneymood 2020 report said. Similarly in the personal loan segment, someone from Bengaluru walked away with the highest personal loan of ₹34 lakh.

  • Google’s new AI language model aims to comprehend entire books [WIP AI] (ai.googleblog.com)

    Google has introduced the Reformer, a Transformer model designed to handle context windows of up to 1 million words, all on a single accelerator and using only 16GB of memory.

    It combines two crucial techniques to solve the problems of attention and memory allocation that limit Transformer’s application to long context windows. Reformer uses locality-sensitive-hashing (LSH) to reduce the complexity of attending over long sequences and reversible residual layers to more efficiently use the memory available.

  • The State of Mobile in 2020 (www.appannie.com)

    Key excerpts from App Annie’s 2020 report on mobile:
    – Consumers averaged 3 hours and 40 minutes on mobile in 2019, up 35% since 2017
    – Mobile Games Reach 56% Market Share: Spend on mobile games across all app stores projected to top $100 billion in 2020
    – Subscriptions Contribute to 95% of Spend: Video and dating categories propelling app store spend as adoption of Tinder, Tencent Video, iQIYI, and YouTube climbs.

  • POCO is now an independent brand (www.gsmarena.com)

    Since its release nearly two years ago, the Xiaomi Pocophone F1 has remained one of the most popular phones among those who wanted flagship-grade hardware at a midrange pricetag. The POCO craze was in full effect with just one phone release which led many to wonder why Xiaomi is so hesitant to release a successor to the F1.

  • Here's what Elon Musk said when Jack Dorsey asked him how to fix Twitter (edition.cnn.com)

    “If you were running Twitter, what would you do?” Dorsey asked. Musk, who has 30 million Twitter followers, said it “would be helpful to differentiate” between real users and bots or a “troll army.”

    “How do you tell if the feedback is real or someone trying to manipulate the system,” Musk added. “So, some way to try to differentiate a real person or someone just trying to game the system.”

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