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  • FASTags Have Actually Increased Waiting Times at Toll Plazas

    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

    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]

    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

    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

    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

    “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.”

  • Amazon conference showcases robots and social uses of artificial intelligence

    Amazon Not Doing India a Favour by Investing a Billion Dollars: Commerce Minister Piyush Goyal

    “They (Amazon) may have put in a billion dollars, but if they make a loss of a billion dollars every year, then jolly well will have to finance that billion dollar. So, it is not as if they are doing a favour to India when they invest a billion dollars”, said Union Commerce Minister Piyush Goyal.

    Goyal said e-commerce companies have to follow Indian rules in letter and spirit and not find loopholes to make a back-door entry into the multi-brand retail segment.

  • Microsoft wants to capture all of the carbon dioxide it’s ever emitted

    Microsoft aims to becoming carbon negative by 2030, meaning that it plans to draw down more planet-heating carbon dioxide than it emits

    The company has been carbon neutral since 2012, canceling out its emissions by purchasing renewable energy and carbon offsets. It has started charging an internal fee on its business units for the greenhouse gases they generate as a way to get its divisions to slash their emissions.

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