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From The Editors Travel

Travel Trends Shift In Past and Upcoming Years

It is generally said that travel not only broadens one’s vision but also enlightens and expands a person’s worldly perspective of things. A man has always been fascinated by the adventure of travel, whether out of necessity, pleasure, trade or his restless spirit to discover and explore new territories to seek out riches or spices for trade in spices was a lucrative business.

Christopher Columbus, the Italian explorer, with the support of Isabella and Ferdinand, the ruling monarchs of Spain set sail with three ships, the Nina, Pinta and Santa Maria to discover the new worlds hoping to reach India.

Similarly, Captain James Cook of England on board the H.M.S Endeavour lay anchor in Botany Bay far way in the South which later on was colonised by the British and now called Australia. Perhaps It goes without saying that two of the greatest travellers of all time were Marco Polo and IbnBatuta .

Marco Polo., (1254-1324) a young Venetian, was 17 only when he travelled to discover new places with his father and uncle. They travelled through Central Asia, Persia, through the Silk Route to China to become the guests of the Emperor of China, Kublai Khan.

Marco Polo returned to Venice after 24 years when Venice was at war with Genoa and Marco was thrown into prison. He narrated the fantastic tales of his long odyssey to his cell mate who chronicled them into books.

Muhammad Ibn Batuta or simply Ibn-e-Batuta (1304-1369) is recognized and acclaimed as the greatest traveler of all time .

Born in Morroco, Ibn Batuta at the age of 21 set out to perform the Hajj (pilgrimage to Mecca) which in those days took about 16 months. However, he did not return home till 24 years.

In those days travelling was very arduous and painstaking as the only mode of travel were ships, horseback, and camels

Despite the hardships and at many times at the risk of his life Ibn-Battuta travelled to almost all the countries that are now part of the Islamic world and also to many parts of non-Muslim lands.

His sojourn in different lands and his study of different cultures and customs were chronicled in a book the Rila translated journey which makes interesting and compulsory reading for aspiring world explorers.

With time, and great inventions, the mode of travel improved in a revolutionary manner and we now live in an age where supersonic travel by air, high-speed train travel, and even road travel has become easy.

With time trends and motives for travel changed also as previously say in the sixties travelling was done for professional purposes, or for permanently relocating to richer countries such as witnessed by the mass exodus to Europe and USA and Canada in the sixties and seventies when immigration laws were quite lax .

In the seventies, the oil and construction industry boomed and flourished and people from all over the subcontinent flocked to the Middle east for greener pastures.

Earlier, holiday travel was the domain of the rich and well to do especially in the developed countries of the world. and the famous destinations of the time were London, Paris, Rome New York and Tokyo to name a few.

Nowadays, everything has changed, have backpack will travel has been a mood of travel, trekking around the world or cycling for peace or motorcycling across the globe in increasing.

Now we live in the age of digital technology, where trends in almost everything have changed. The Internet mobile apps have given people a mother lode of information and people especially the young are very choosy and particular in their preferences in almost everything, eating habits, socializing, workplace or travel habits.

What will be Travel trends in present day 2016? Will it be the usually preferred destination, sightseeing, shopping and have fun and returning with a sun tan or will it go further than that?

Well according to Travel writers and experts, Travel trends will be huge in 2016.

Let us briefly review travel trends and the hottest spot preferred .

Health Resorts

Vacations are usually taken to leave back the mundane daily life and live and let live but these days a lot of people travel for health reasons also, to rejuvenate themselves, to feel younger and to feel invigorated to lead a healthier lifestyle.

Health Spas, herbal treatment, dietary needs, rest and relaxation all contribute to a healthy lifestyle.

Here are some of the famous wellness resorts of the world.

Switzerland

Wellness at the Backstage Hotel Vernissage
Zermatt

health resort wellness spa therapy TimelyBuzz
Health resort wellness spa therapy – TimelyBuzz

Wellness at Backstage Hotel in Switzerland is known for its unique spa experience with seven with seven room treatments, called therapy cubes, themed after each of the days of Creation. The cubes marry viscerally and visual components, utilizing lights, images, temperatures and sensations meant to cleanse and relax the body and soul.

India

Jiva Grande Spa at Vivanta by Taj
Madikeri, Coorg

It sits atop the hills of a subtropical rainforest in the southern state of Karnataka, India, and a five-hour drive from the major city of Bangalore gets you there. At an altitude of 4,000 feet, with treatments inspired by the rich, local culture, Jiva Grande Spa at Vivanta by Taj in Madikeri, Coorg is the ultimate in all-natural rejuvenation.

Indonesia

Golden Rock Retreat
Bali

Bali has long been one of the most beautiful destinations in the world with its pristine beaches and beautiful landscapes. The Golden retreat is a detox and healing centre for health-conscious travelers. Yoga, meditation, massage, infrared and herbal steam saunas are some of the treatments available here,

Les Sources de Caudalie
Martillac, Bordeaux

Vinotherapy to decelerate the aging process. With an idyllic locale among vineyard of Bordeaux. This is the place for rejuvenation. Rich in minerals, the property’s warm underground spring water is great for soaking away what ails you. Wraps and massages use grape extracts called polyphenols, which strengthen blood vessels and enhance micro-circulation, while slimming programs combine techniques that break down cellulite with special dietary menus and varietal treatments such as a Cabernet scrub or Merlot wrap.

Pujjis Wellness Retreat
Nelson, South Island

To keep the mind and body The Pujjis Wellness Retreat located ten minutes from Nelson in New Zealand’s South Island is an ideal location for health travellers. Owned and operated by Arvind Pujji, an experienced and trained bodyworks practitioner who uses his skills to provide calm,cleansing and comfort.

For the health conscious other well-known destinations are Kamalaya Koh Samui
Na Muang, Koh Samui, Thailand, Natur-Med Thermal Springs and Health Resort,
Davutlar, Aydin, Turkey, California Health & Longevity Institute
Westlake Village, California, USA, and Canyon Ranch Miami Beach
Miami Beach, Florida, USA.

Dietary

Travel dietry food festival timelybuzz
Travel food festival timelybuzz

Many people are not only health conscious but very particular about their dietary and nutritional requirements and thus wish to places where they feel they will be comfortable with their eating habits. People want to get away from junk food and go to exotic locales to give their taste buds new flavor. The famous floating vegetable and fruit markets in Thailand offer fresh papaya and mangoes.

The choice of food outlets both expensive and cheap around the world are in thousands if not in millions but more and more are preferring to be guided by their sense of taste or taste buds while travelling.

Volunteering

The Peace Corps in the USA in 1961 can be described as the best example of Volunteer travel that is doing something worthwhile while travelling overseas. These days many people especially the young are engaged in volunteer travelling to places like India, Thailand land other places. Whether working at an elephant sanctuary or bird or protecting turtles in the Australia’s beach this type of travel is really worthwhile.

Bleisure Travel

Roman Bath Ancient London
Roman Bath Ancient London – TimelyBuzz

In the early eighties, the term Brunch was coined with the combination of Breakfast and Lunch as one meal in the intervening time period of the two. These days another word relating to travel has cropped up and is known as leisure travel that is the combination of business and leisure travel on one ticket.

Businessmen, and top level executives travel at a very fast pace and hardly take the time to go on full vacations. Nowadays the trend is to when going on a business trip just take 2 or 3 days extra to enjoy the sights. For example, while on a trip to London, check out the historic town of Bath, just a 90-minute train ride from London and boasts ancient Roman baths with naturally soothing hot spas.

Cultural Festivals

Festival travel Timelybuzz
Festival travel – Timelybuzz

The Rio Carnival in Brazil, Mardi gras in New Orleans, Louisiana USA, Kumbh Mela in India or the Running of the bull in San Fermin. Pamplona, Spain, and other cultural festivals have attracted travellers from all over the world and millions of tourists plan their trips to see such festivals.

Traditional sightseeing is losing its appeal and people want to see something different and unique rather than visiting Big Ben in London or the Coliseum in Rome.

So there you have with changing times come changing trends and travelling trends are also changing.

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From The Editors Technology

Div Turakhia Became a Billionaire

They say some people are born with the Midas touch, that is to say, that whatever they delve into or venture into they always come out making lucrative profits.

What traits or qualities do these young entrepreneurs have that the average Joe does not. Intrepid, daring, risk takers, far-sighted, ingrained business acumen or just sheer street-smart bravado.

On the other hand, one can argue that this is all providential and it was predestined for them to become billionaires in life.

There are many people who have really made it big simply because they have worked hard, realized the importance of money, and through their business acumen made it good.

Richard Branson, the British billionaire started off small, with a small magazine called Slender and then started selling records under the name Virgin Records with the end result that he is the presently the owner of the Virgin group comprising over 400 companies.

Many people have had their rags to riches story and some of them worth mentioning are

Roman Abramovich: Owner of Chelsea Football Club and Russian business tycoon Abramovich Net worth net 2 billion dollars was born in abject poverty, orphaned at age 2. He went on to start a small business while a student and has never looked back since.

Oprah Winfrey: Leading entertainer, Talk show host, activist. and one of the best-known personalities in the USA and probably the world was born dirt poor. Despite setbacks, she won a scholarship to Tennessee State University and become the first African-American correspondent at the age 19. She moved to Chicago in 1983 and started her own T.V show called The Oprah Winfrey Show. Net worth $ 3 billion.

Shahid Khan: He started life in the USA working as a dishwasher when he came to the USA from Pakistan. He now owns Flex-n-Gate one of the largest private companies in the U.S.A. His net worth is 4.5 billion dollars.

Lakshmi Mittal: Born to a poor family in Rajasthan, India. Mittal as his first his name suggests money or fortunate is the owner of Arcelor Mittal the greatest steel industry in the world. Net Worth 12.3 billion U.S dollars.

George Soros: It is rumored of him that he can make the economies of poor countries rise and fall with his wheeling and dealing in the financial markets of the world. Soros fled his native Hungary to build up his Empire in London . He got a job in New York as a banker and as they say, the rest is history. Net worth 24.2 billion.

It seems that billionaires are getting younger and smarter as time progresses for one such young man who has recently joined the billionaires club has not even attained the age of 35.

He is Divyank Turakhaia, an enterprising and daring young man who along with his brother Bhavin runs several companies including Directi a global company which they run. They have homes in Mumbai, Dubai, Vancouver and San Francisco.

The elder brother Bhavin runs the company which they started borrowing 500 dollars from their father, an accountant by profession.

The brain behind the company is Div who created a contextual advertising company which they sold to a Chinese consortium for 900 million dollars.

The brothers did not raise venture funding and used profits of one company to start another and they have earned almost all the money.

Although the amount in question does not get them in Forbes 400 but it speaks volumes of the business acumen and force of intellect of Div.

He is representative of the young, dynamic enterprising , intrepid and has realized the American dream, a dream even Americans are unable to realize.

The Internet has proven to be a goldmine to those who are high tech savvy Div being one of them.

Div loved video games ever since he was a child so much so that he loved to create him. He started coding at age eight. He spent most of his 13th writing a game the theme of which the theme was that a player was a businessman who has lost his fortunes to a deceitful partner.

The point of the game was to create a new business from scratch. To win, you had to capture 100% of the market share.

This is how he put his skills to use and became so successful in life. From helping kids with their homework to helping companies he like Nasscom to get temporary connectivity up for a running conference.

They say knowledge is gold and in this day and age Internet knowledge is the absolute goldmine. People who are knowledgeable about the ins and outs of Information Technology have it made for themselves.

Div was deeply interested in broadening his intellect and read voraciously books on tech like people like Bill Gates, According to Div himself, he has read more than 11 books on Gates.

From there on there was no looking back he and his brother built up the company with the 500 dollars rented a server and started a web hosting company, their first customers were the businesses for whom they had consulted.

They paid their father back within a month . By this time money was coming in. Among their first clients were NASSCOM and the Nationalist Congress Party.

Div made his first million dollars at the age of 18 when was not even a graduate. His mother insisted he get a college degree and he complied and enrolled in a local college but hardly attended classes and at the age of 20 became a graduate obtained a B.com degree.

As they say “ If you have it flaunt it” and Div subscribes to this view literally. A flamboyant and extravagant lifestyle he is a trendsetter, a globe trotter, jetting in and out of countries at very short notices.

While in Dubai, A friend of his Stefan Weitz, a senior director of strategy and partnerships at Microsoft at the time had a 9-hour layover in Dubai and just happened to call in Div.

Div whizzed in at Dubai airport in a stretch rolls Royce limousine and after dining on the 122nd floor of the took him on a night safari in a Mercedes Defenders with night vision goggles, looking for scorpions and marsupial-type creatures. He was later dropped off by Div for his connecting flight at the eleventh hour.

Div loves being rich and spending it as well, He has homes in San Francisco, Dubai , Vancouver, and Mumbai. Unlike other millionaires or billionaires who wear casual clothes like jean and sneakers, Div goes for The Top-of-the-line stuff.

He struts his wealth openly wearing Gucci blazers, designer label jeans, drives the world’s most expensive cars such as Ferrari Spider 458 in San Francisco, A Roll Royce Phantom in Dubai and a Mercedes S class and a Porsche in Mumbai.

At a friend’s 40th birthday in Switzerland, he showed up wearing a lederhosen and flew in a Michelin Chef for the occasion .

At a European tech conference founders in Dublin. Ireland he booked the presidential suite at the Westbury hotel even upstaging Lady Gaga who was there at the time.

Going to a meeting in San Francisco, he picked up Jackie Reses , Yahoo’s chief dealmaker at the time, in his Ferrari 458 Spider. That’s his U. S. car. In Dubai, he has a Rolls-Royce Phantom. In Mumbai, a Mercedes-Benz S-Class and a Porsche.

Although popular with ladies, Div has his work as his first passion. He believes that the best part of spending the fortune is making the fortune.

A daring young man, Div enjoys the high life to the fullest, Dune buggy, skydiving, bungee jumping, diving in a cage in shark-infested waters off the coast of South Africa, his adventurous spirit is timeless.

In his latest crazy stunt, he stood on top of a 1934 Boeing-Stearman biplane, its double wings sandwiching the cockpit like an Oreo cookie as it climbed s toward the cloud line. Div Harnessed himself to a pole in the center to ride on the wings. A feeling of elation and sensation as he soars the air and the plane does 120 miles per hour.

Such people have no way to go but up in life and Divyank Turakhia has proven to the world

That with courage, daring, intellect and sheer honest hard work the sky is the limit.

The Internet is the gateway to these young talented young men who have the vision, the technical know-how, and the business acumen to make it big through the portal world.

It is almost every day that we hear of new millionaires from all over the world. Mushrooming in the world of Information Technology and it will be no wonder and surprise that these young entrepreneurs will outclass and outshine the likes of Bill gates, Steve Jobs, Larry Ellison Steve Wozniak and other geniuses who have made it through the portal world.

Who knows that at the rate at which Div Turakhia is progressing he may well outrank, in the not too distant future, Bill gates as the richest man in the world. For after all wonders hath never cease to exist.

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From The Editors Technology

All You Need to Know Apple Smart Home Vision

Apple Inc. is one of the top computer and gadget creators on the market today. They have an important market share and have raised billions of dollars with the help of their great products that have taken the world by storm ever since they first appeared.

Under a talented and innovative management, Apple has managed to create computers, smartphones, media players and tablets for the entire world to enjoy over with every new release. Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. Its hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, theApple Watch smartwatch, and the Apple TV digital media player. Apple’s consumer software includes the OS X and iOS operating systems, the iTunes media player, the Safari web browser, and the iLife and iWorkcreativity and productivity suites. Its online services include the iTunes Store, the iOS App Store and Mac App Store, and iCloud.

Over the years Apple has not only perfected hardware in functionality and design but has also managed to create a wonderful variety of software options for users from the most tech savvy to the least inclined to use buttons. The applications behind great Apple devices, all which can be found in the App Store offer endless possibilities of enhancement for the simple Apple gadget.

Apple technology
Apple Technology

Technology caught the world by storm and the signs of progress that are still being made with each passing day are without the doubt hitting the world with a bang. Technology has definitely changed the way we live our lives in a big way making everything much easier and faster. It has turned the world into a global village and it is no longer necessary for one to actually be in a place to communicate with someone or perform some other activity. So, we can say that technology has greatly affected our lives.

New technology is everywhere. Automakers are racing to develop self-driving cars, coffee retailers are hoping you’ll use an app to order your morning coffee before you even enter the shop, and retailers hope to offer home delivery by drone in the not-too-far future. Many of us have become dependent on technology as it plays an important role in our daily lives.

Take the daily routine of a person in this technological world. The day begins with a “good morning message” on a social mobile app and ends with a “goodnight” on the same app. The social networking apps/sites are, like a virtual world. The nonstop use of cell phones and the Internet for communication, use modes like Emailing, Social Sites, Instant Messaging, Video Calls, Conference Calls and etc. are the most popular resources of communication among the current generation.

apple home app
Apple Home App

And when we talk about “smart home technology,” we’re not just talking about a washing machine that can sense how big a load of clothing is or a lighting system that dims and brightens as the sun rises and sets. Relatively, smart home covers a range of products and services that allow clients to automate many household devices, appliances and functions according to their lifestyles. To date, the most popular smart home products are smart thermostats, home security and monitoring systems and wireless speakers, but the category is rapidly expanding into other elements of the home.

Apple Inc. is taking over modern tech world, integrates and connects the hardware and software, and makes technology friendly and usable in a way that’s never been done before. It all started with the Macintosh, carried through to the iPhone, and displays itself in modern products like the iPad and the Apple Watch. Apple technology and products are valuable and useful the same time for their users.

Here are few significant tech products Apple Inc. has created and introduced into a new generation of the tech world. Yet no tech company in the past 35 years has done as much advancement as Apple.

Macintosh: Defining the computer for the rest of us.
OS X: No operating system does it better.
iPod: The music world reinvented.
iPhone: The end of the cell phone and the beginning of mobile computing.
App Store: A digital store for a digital world.
iPad: The PC and the TV – reinvented.
Touch: The gestures we all use came from Apple.
Auto discovery networking: Connecting a connected world.
iBeacons: Contextual technology for the real world.
Apple TV, Take 2: Streaming is just the beginning.
Apple HomeKit And Home App: House and appliances connected to the internet via iPhone.

Apple home
Apple Home Vision

Picture this: You are just getting home from a long tiring day at work. But instead of switching on a light switch or the air conditioner, you reach for your iPhone and say, “Hey Siri, I’m home.” And all a sudden, the lights turn on, the window shades begin to rise, and the temperature starts getting cold.

“Welcome To The Future”! Apple announced a new system called HomeKit and home app, it allows users to control connected smart home accessories and home appliances from your iOS device. It was first announced at Apple’s Worldwide Developers Conference back in June 2014. The name is a combination of “home” for home automation and “kit” for software developer kit. HomeKit-enabled accessories are secure, easy to use, and work with several Apple devices (including iPhone and Apple TV).

HomeKit is the base of Apple’s vision for our smart home future, a set of interconnecting apps and devices that control lighting, heating and the cycles of your washing machine. But HomeKit is not actually a product that you can go out and buy, it’s a technology platform aimed at developers and makers. Apple HomeKit was introduced into iOS 8, but we never saw it appear during its lifetime. Instead, the new service will go live with iOS 9, the company’s upcoming OS due for the release this autumn.

apple home kit
Apple Home Kit

When setting up HomeKit you’ll need to give everything a name, this will allow Siri to understand what you want to control with a given command. You’ll also be able to group devices, to control many things at once. This would allow you to turn everything off in your living room, second floor, or even everything in your entire house with a single spoken command. Action Sets and Scenes are pre-programmed tasks that can be activated using Siri. For example, you can tell Siri it’s bedtime, and it will set the alarm clock, switch on the door and window sensors, and turn off all the lights. Other useful applications we can think of are, ‘I’m going to work’ and ‘I’m going on holiday’.

One of the major HomeKit components will be the Apple TV, with the media streaming device acting as a central hub for your smart home. Apple HomeKit will go beyond that and include window and door sensors, thermostats, switches, and white goods such as washing machines and fridges. Some companies have announced HomeKit products already; these include Ecobee with an intelligent thermostat, Lutron with some smart lighting, iHome, Honeywell, Philips Hue, Withings, and Insteon.

 

smart home apple
Apple Smart Home Concept

 

HomeKit will feature many privacy and security level according to Apple. The system will feature end-to-end encryption between the iOS device and smart device (meaning the signal would be difficult to intercept and read). Home allows you to control all of your Apple HomeKit devices and Scenes from a single app. One big change Apple has made that could smoothen the entire HomeKit process is the introduction of a native Home app. Set to launch with the iOS 10 software update, which arrives in the fall/autumn this year, it’ll create a central hub where all HomeKit devices can be controlled. It will also introduce a new Scenes feature that will enable you to combine devices to work together at different times of the day. So at night, it’ll lock the doors, lower the lights and turn the heat down and cool the temperature.

siri apple home
Apple Siri Home Vision

Apple smart “Home” app is beneficial in so many ways.There are a couple of benefits to having one standard for smart home devices. First of all, you don’t have to mess around with one app for your lights, one app for your heating, and the other app for your garage door. You can manage all devices from many manufacturers simultaneously. Secondly, security and communication are handled using one fixed standard, which should make for safer and more reliable operation.

apple most valuable brand
Apple is the most valuable brand.

But not everyone will necessarily want to sign up to Apple’s way of thinking and working. Google and Samsung have their own smart home protocols, and at this early stage of the game, it’s not clear just how much ability there’s going to be. In future years you may have to choose your smart home OS as well as your smartphone OS. Apple Inc. has taken over the tech world and to reach more than 600 million users by the end of this year.

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Entertainment Technology

Technology Leadership and Women in Silicon Valley

The southern part of the San Francisco Bay Area, located in California is commonly known as “The Silicon Valley” that is home to most of the world’s largest high-tech corporations and thousands of startup companies. The Valley serves as a leading hub and startup ecosystem for high-tech innovation and development.

There are high-tech businesses flourishing in the area, which is now generally used as a synecdoche for the American high-technology economic sector. The word “silicon” in the name “Silicon Valley” originally referred to a large number of silicon chip innovators and manufacturers in the region. While the word “Valley” refers to the Santa Clara Valley where the region has traditionally been centered, which includes the city of San Jose and the surrounding cities and towns.

silicon valley
Silicon Valley – USA

Silicon Valley today, has thousands of high-tech companies headquartered in its region, some of the Fortune 1000 include; eBay, Facebook, Cisco Systems, Apple Inc., Google, Intel, HP Inc., Netflix, Yahoo!, Telsa Motors, LSI Logic and many others. Despite their hard and commendable efforts in the success of the Silicon Valley, we can still observe that at the top of the industry and government, the faces remain stubbornly male and so is the case with the high-tech world as we see personalities like Mark Zuckerburg (born May 14, 1984, is the founder of today’s most popular social networking site Facebook), Bill Gates(born 28 October 1955 is the founder of the Microsoft software), Steve Jobs(born 24 February 1955 is the founder of the world famous Apple Incorporation) and many others as the defining faces of the Silicon Valley because of the sexism present in the society, and women even in a modern industrial society of today have a shamefully negligible recognition for the efforts that they have made.

No doubt that women are better off today, but still far from being  equal with men because of a lack of recognition and appreciation. The list below gives a short history of such “Founding Mothers Of The Silicon Valley”.

JUDY ESTRIN

 

judi estrin silicon valley - TimelyBuzz
Judi Estrin – Silicon Valley

Judy Estrin was born in the year 1954 is an American business executive. Estrin is recognized for her contribution to the networking protocols that form the basic frame of the internet. She was born to a family of high-techs with both her parents, Thelma and Gerald Estrin being Computer Scientists at UCLA. She has a sister Deborah Estrin who is also a professor of Computer Science. Her son David Carrico is a tech entrepreneur is the founder of EvntLive.

Judy studied math and computer science at the University of California, Los Angeles and later in her life got a masters degree in mechanical engineering at Stanford. While at Stanford Judy worked with a research group led by Vint Craft also known as the “Father of the Internet”. The group developed the TCP/IP specification which forms the underlying technology of the internet. She is now the CEO of JLabs, a private company focused on further innovation in business, government, and non-profit organizations.

She’s been awarded amongst the 50 most powerful women in American business in the year 1998 and was also awarded a the EY entrepreneur of the year in the northern California region in the year 1987.  In 2002 she won the “Women in Technology International Hall of Fame award and in the year 2010 she was awarded GIL Award from Frost and Sullivan. It is also rather ironic that she is not given much recognition for laying down the very foundation (the internet) as compared to others who developed Google, Facebook etc which are all based upon it when even for the fact that the idea of having a search engine to search without the internet seems ludicrous.

DONNA DUBINSKY

 

donna dubinsky timelybuzz
Donna Dubinsky

Donna Dubinsky is an American businesswoman who played a crucial role in the development of the Personal Digital Assistants or the PDAs serving as the CEO of Palm Inc. and co-founding Handspring with Jeff Hawkins in the year 1995. She was the daughter of Alfred Dubinsky who worked as a scrap metal broker. She attended the Yale university and got her bachelor’s from Jonathan Edwards College with history as her major in the year 1977. She got her MBA from the Harvard Business School in the year 1981. She is the current acting CEO and board chair of Numenta. In the year 2007, she was also awarded the “Alumni Achievement Award” at Harvard Business School. Donna was also the founding member of the Palm Pilot which was a handheld computer manufactured by Palm Inc. In the year 2005, she along with her technical partner got to work at Numenta.

 

DIANA GREENE

diana greene timelybuzz
Diana Greene

Diana Greene is yet another wonderful woman who is counted on the list of the “Founding Mothers of the Silicon Valley” born in the year 1955 in Rochester, New York. She is serving as the current senior vice president for Google’s cloud business. She is an American investor and has also served as the founder and CEO of VMware, the company that marked the advent of virtualization industry from 1998 till 2008.

Diana received her  bachelor’s degree in the field of mechanical engineering from the University of Vermont  in 1976 and her masters in Naval Architecture from MIT in the year 1978. She also has a second masters degree in the field of Computer Science from the University of California in the year 1988. Last year in the month of November  Google paid her an amount of $380 million for the company and gave her one of most influential jobs in tech: as the senior vice president of Google’s enterprise business, she is in charge of figuring out how to grow the company’s cloud computing business to a size that the company posts could eclipse the ad business within five years. She has also worked on enterprise startup software called Bebop.

LYNN CONWAY

Lynn Conway TimelyBuzz
Lynn Conway

Lynn Conway was born on 2 January 1938 and is recognized for her numerous achievements including the Mead and Conway Revolution in VLSI design which induced an emerging electronic design automation industry. She is an American computer scientist, electrical engineer, inventor and transgender activist. Conway was brought up in White Plains, New York and suffered from gender dysphoria as a child. She earned her B.S and M.S.E.E degrees in the year 1962 and 1973 from Columbia University’s School of Engineering and Applied Science. She was inducted by IBM Research in Yorktown Heights, New York in the year 1964. And soon joined an architecture team that designed an advanced supercomputer, working along with other renowned personalities which include  John Cocke, Ed Sussenguth, Fran Allen and much more on the ACS project inventing multiple-issue-out-of-order dynamic scheduling while working there. She was however fired in 1968 because she revealed her intention of gender transition to a female. She has won numerous awards for her achievements throughout her life. Some of the include; the 2002 Electronic Design Hall of Fame, National Achievement Award: Society of Women Engineers 1990, Magil Lecture in Science, Technology and the Arts, Columbia University 2016.

SANDY LERNER

sandy lerner timelybuzz
Sandy Lerner

Sandy Lerner was born in the year 1995 and is an American businesswoman and philanthropist. She is also the co-founder and the CEO of the Cisco Systems. She used the profit from selling this company and invested it into animal welfare and women’s writings. Her most renowned work includes the historically accurate sequel to “Pride and Prejudice”. She also founded a cosmetics company which she late sold to Moet-Hennessy Louis Vuitton. She later moved to an organic farm in Virginia.

SANDY KURTZIG

sandy kurtzig timelybuzz
Sandy Kurtzig

Sandy Kurtzig is an American business woman and  Silicon Valley’s first  female technology entrepreneur. Kurtzig received her bachelor’s in math from the University of California, Los Angeles, and her masters in the field of aeronautical engineering at the Stanford University.Acting as the founder and the CEO of the ASK Group (a business and software manufacturing software producer) as a part time job in the year 1972, she was the first woman to take a Silicon Valley technology to the public and was the first software entrepreneur to become a multimillionaire. She also founded Kenandy, the enterprise management software company in the year 2010 where she served as the CEO up to 2015 and is now the chairman of the board.

There are many more marvelous women who have put in their efforts, Ann Bowers who was the Apple’s human resource director and den mother in the early 1980s,Ann Winblad, co-founder of the venture firm Hummer Winblad in 1989, Adele Goldberg, the PARC computer scientist, Roberta Williams who designed the video games and many more whose stories have not yet been unfolded here. Although women have made great strides in gaining access to education and employment, to this day they continue to face significant hurdles that men generally do not confront too. To envision a future having an extensive multitude of people contributing their efforts for the success and evolution of the high technology world, we must not succumb to the ease of shortening the stories of its past.

 

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From The Editors Technology

How Yahoo’s Sale to Verizon is a Lesson Learned in Corporate World

The corporate world is like a vast ocean infested with killer sharks which devour smaller entities that take the plunge. It is the world where the cut-throat competition is so fierce that it is  survival of the fittest, dog eats dog,  all out war, no holds barred to get to the top.

It is a world of acquisitions and mergers, where the army of lawyers representing each side try to get the best deal  with their shrewd and cunning negotiation skills  before the final deal is penned not to forget their huge fees in the bargain.

Speaking of deals and takeovers, the most sensational  news  of the week, this week has been the buyout of  Yahoo  the Net giant by  Verizon wireless communications at a staggering price of 4.83 billion dollars.

Yahoo Inc, also known simply as Yahoo, is a treasure trove, the Fort Knox of  information technology with headquarters in Sunnyvale California. It is globally known for disseminating information through its web portal, search engine, Yahoo search and related services which include Yahoo mail, Yahoo news, Yahoo finance and other services and its social media website.

Yahoo is one of the most widely read news websites of the world extremely popular in the United States and with over 7 billion views per month, being the fourth most visited website globally, It is seen worldwide in 30 languages.

So the question arises, why has Yahoo shortchanged itself, once known as the king of Internet a $125 billion behemoth which in its time was as big as facebook and google are today.

Simply put, it is being said that Yahoo could not keep up with the times, despite being ahead  letting each wave technology in search , social and  mobile pass by. It could or rather did not adapt to the times.

Yahoo also has equity stakes in Alibaba in China and Yahoo Japan which it is retaining.

Marissa-Mayer-Yahoo-CEO
Marissa Mayer Yahoo CEO – TimelyBuzz

The current CEO of Yahoo is Marissa Mayer who tried her best to turn the company around and at present it is uncertain that the Verizon will retain or she will leave the company with an agreed severance pay of 50 million dollars.

The sale of the company was in the offing since quite some time and interested buyers included Warren Buffet,  the billionaire owner of WalMart and the Daily Mail but talks  were so prolonged that the deal fell through.

In  Febuarary, 2008, Bill Gates’s Microsoft  bid for a takeover of Yahoo at ten times, the current price that is 45  billion dollars was rejected by the company. How do fortunes fluctuate?

Yahoo Rise Fall Graph - TimelyBuzz
Yahoo Rise Fall Graph – TimelyBuzz

A 21-year history as an independent company comes to a close.  Yahoo will now be integrated with Verizon-owned AOL under Marni Walden, an executive vice president at the telecom company.

Mayer’s future in Yahoo is uncertain and her failure to energise and revitalize the company goes against her. There has been no comment from the company who will take charge once the deal is completed.

Although she has expressed her desire to continue with Yahoo, Mayer who joined as CEO four years ago is quite unlikely to be retained in the post and may be offered an alternate post.

AOL CEO, Tim Armstrong, has said that presently that he and Mayer were are focusing first on getting “the strategy right, and then the structure and the roles right.

Verizon has an eye on the future to become a global titan in  Digital Media. It is interested in buying Google and Facebook  in its future ventures.

Not confined to being mere sellers of  telephones and wireless services Verizon has set its sights on becoming a formidable media company.

Verizon will essentially end up being one of the largest portfolios of consumer brands in the world for digital.”

Verizon by acquiring Yahoo, are scaling up to be a major competitor in mobile media, according to Verizon CEO Lowell McAdam. Their target is to focus on mobile content which will attract young phone addicted  consumers who can turn into long term customers. It seems that the digital wars are on with every major player in the market set to capture a large portion of the digital world.

Assuaging the fear of investors, McAdam specifically pointed to the popularity of Yahoo’s mobile services, including sports, finance, and email.

“We just made an exponential leap in capabilities here,” said McAdam. He noted that people are using their phones more than ever before (Verizon sees the same amount of traffic on its networks in an hour now as it did in a week a decade ago) and that the company has an opportunity to monetize that volume as much as possible.

Verizon’s transformation has been in the works for years, but its investments have ramped up heavily in the past two years.

Verizon bought  America Online AOL for 4.5 billion, the same year it launched its own mobile video service Go90. And earlier this year, Verizon partnered with Hearst to invest in video-driven and millennial-focused media companies, Complex Media and AwesomenessTV.

Although Verizon sees Yahoo (YHOO, Tech30) as a complement to these investments, this most recent acquisition may not deliver as much as Verizon hopes.

Mayer, like Armstrong, previously worked at Google (GOOG) before taking over the top spot at Yahoo in 2012. She invested heavily in improving Yahoo’s mobile products, expanding its audience through the acquisition of Tumblr and doubling down on premium media content. She brought in TV journalist Katie Couric as Yahoo’s “global anchor.”

Yahoo over its 21 year run of the digital market made some acquisitions 10 of which are as follows:

  • com

An Internet video streaming services which it bought for 5.7 billion dollars in 1999. (more than the buyout  worth of Yahoo in 2016).

  • Geo Cities

A website creating a company for 3.6 billion dollars in 1998. Search Engines Company for 1.63 billion in 2003.

  • Tumblr

Bought  in 2013 for 1.1 billion dollars

  • Right Media

Online advertising Company in 2007 for 680 million dollars.

  • Kelkoo

Paris-based company in 2004 for 579 million

  • Hotjobs

For 439 million dollars in 2002.

  • e-groups

In 200 for 432 million dollars

  • Zimbra

Software maker in 2007 for 350 million.

  • 10.Interclick          

Bought in 2011 for 270 million It develops software for advertisers to better target customers online.

These companies initially were highly profitable in the initial stages but with time and dwindling sales they were either closed or sold off.

Advertising is the core revenue generator and sadly Mayer despite her best efforts could not control the slide in revenue. However, shares of Yahoo have plummeted and investors are not happy which is not a good omen.

What about the employees at Yahoo and how have they taken to the buyout. At this point feelings are ambivalent. Yahoo brought  on some media stars on its team like Katie Couric, Joe Zee, and David Pogue to boost its sales.

The exodus has already started  and Bobbi Brown  The Editor-in-Chief of  Yahoo beauty has already left. The beauty entrepreneur and make-up artist joined the site as editor-in-chief in April 2014 but, in a shake-up of the company, she is now leaving her position.

Beauty’s senior beauty editor Joanna Douglass and several other staffers in the beauty division have also left.

One redeeming feature for Verizon from buying Yahoo is that it has become the owner of a prime real estate in Silicon Valley. One expert valued Yahoo’s Sunnyvale, Calif., campus at about $500 million.

When the deal closes, the New York telecom giant will become one of the largest office landlords in the nation’s technology hub thanks to the roughly 1 million-square-foot campus Yahoo owns in Sunnyvale, Calif. — a desirable position amid the current tech boom.

This is a virtual goldmine and its present land value is estimated to be upwards of 500miliion dollars.

The deal of the sale will not be finalized before Jan 2017, however, Verizon is optimistic that it will turn the company around.

Pros and cons will be weighed heavily and many yahoo employees will be shown the door or leave voluntarily.

As for Marissa Mayer, She will presently be part of the team under the new bosses but the market speculation is that things do not bode well for her too,

The future may be in digital technology but it is essential to evaluate, assess, analyse the risk factors when expanding one’s base, Yahoo it seems did not do its homework properly and rushed to frantically expand and become a leading player in the Industry.

Many experts are already of the opinion that Verizon’s latest acquisition will not deliver as expected as the market has become very very competitive.

When the ship sinks everyone jumps ship and it is left for  the Captain to sink or swim.

How the tall and mighty have fallen. Will Yahoo resurge back into the behemoth it once was or is this the death knell of the biggest digital player in the industry. Time alone will tell.

 

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From The Editors Technology

How Robo-Advisors & Fintech Will Revolutionize Asset and Wealth Management Industry

In the movie The Terminator, there is a foreboding scenario that in the not too distant future machines will take over our lives and wreak havoc and destruction on the planet and the survival of the human race will depend on how man battles his own creation, super advanced computers controlling war machines to destroy humanity.

Digital Technology has advanced to such a level in the developed countries of the world that it is simply mind boggling. Communication has become so easy and information so accessible that it is possible to glean any information at the click of a key. From ordering a Pizza to planning a vacation with ticket bookings , hotel bookings, visa information , currency requirements or any other miscellaneous information .

People are traveling on autopilot cars powered by electric, trains, planes are being run on auto mode, space travel is becoming very popular and colonizing Mars is not only being contemplated but actually on the anvil.

Japan is already into a very highly advanced stage of Robot technology with Robots replacing humans at the restaurant, supermarkets, and shops.

Robots will very soon be used as domestic help and undertake all domestic chores from serving bed tea to cleaning the house and possible even tucking in the toddler. Robots are also used in hazardous scientific experiments or moving nuclear material or even deep sea exploration . The possibilities are endless. Miniature robot technology is being used by bomb disposable squads and police are using technology to detect hidden weapons etc.

China is fast becoming the industrial and economic powerhouse of the world and with it is launching an audacious drive to fill its factories with advanced manufacturing robots.

To retain its vast manufacturing base the Chinese government hopes to generate more productivity from robot controlled factories.

The country has already made huge investments in robot technology and the province of Guandong known as the heartland of Chinese manufacturing is investing a staggering and voluminous amount of 154 billion dollars.

The  founder of Foxconn, a company that employs vast armies of workers who make devices such as Apple’s iPhone has said that his company will install more than a million robots in the next few years which will replace human workers to a great extent making it cost effective and more productive.

Robots are designed what they are programmed to do and nothing less and in most cases. Their work is repetitive , precise  but they do not exhibit any intelligence. However, things are changing at a rapid pace and robots are now being endowed with artificial intelligence thanks to new techniques and algorithms enabling them to learn more quickly and effectively .

There are various methods for enabling robot learning, and some are already producing very promising results in research labs around the world. Using large simulated neural networks which has proved indispensable in teaching robots to understand the contents of images, video, and audio. Some companies now aim to use the approach to training robots how to see, grasp, and reason.

Research and development in robotics are expanding at a rapid pace and now robots are teaching other robots accelerating the learning process. The Internet is being used to teach robots which can easily be applied to industrial settings,

The question arises that will robots be confined to factories or homes for menial work or will be upgraded for greater use in offices particularly in the business world. Perhaps Fintech has the answer

Fintech or financial technology is an economic industry composed of companies that use technology to make financial services more efficient . Fintech refers to new applications, processes, products or business models in the financial services industry. These solutions can be differentiated in at least five areas.

  • First, the banking or insurance sector are distinguished as potential business sectors. Solutions for the insurance industry are often more specifically named “InsurTech”.
  • Second, the solution with regards to their supported business processes such as financial information, payments, investments, financing, advisory and cross-process support. An example is mobile payment solutions.
  • Third, the targeted customer segment distinguishes between retail, private and corporate banking as well as life and non-life insurance. An example is a telematics-based insurance that calculates the fees based on customer behavior in the area of non-life insurance.
  • Fourth, the interaction form can either be business-to-business (B2B), business-to-consumer (B2C) or consumer-to-consumer (C2C). An example is a social trading solution for C2C.
  • Fifth, the solutions vary with regard to their market position. Some, for example, provide complementary services such as personal finance management systems, others focus on competitive solutions such as e.g. peer-to-peer lending.

While they are not using Robots completely the technology being used is termed as Robo-advisors. The International financial market such as corporate banking, private banking and asset and wealth management is ready to be inundated and disrupted by Fintech and blockchain related technologies.

Robo-advisors will be taking over. But what exactly is a Robo-advisor?
A Robo-advisor is a service that uses highly specialized software to do the job of wealth managers or investment advisors – people who decide what type of investments you should be making and then tinker with those investments over time. Robo-advisors typically ask their client, the investor, a few questions to determine and assess risk factor.

Through the use of  proprietary algorithms, they spread your money in sound  investments, making adjustments as your situation and the market change. They typically collect around 1% less in fees than a professional investment advisor.

Robo-advisors charge lower fees Let’s say you’ve got a nice nest egg of $50,000. A professional investment advisor who charges a 1% fee for recommending a portfolio will charge you $500 every year, whether your portfolio goes up or down. Plus, his portfolio recommendations might include pricey mutual funds (another 2% gone!) and lots of stock trading, both of which can eat into returns.

Robo-advisors invest primarily in inexpensive Exchange Traded Fund ETFs and only charge 0.50%, cutting that $500 yearly fee in half. And if you invest larger amounts of money? That 0.50% advisor fee shrinks even more with robot-advisors.

Robo-advisors also often negotiate lower yearly management fees for ETFs and offer investors free trading; those savings alone can be enough to counteract the small management fees they charge. Plus, Robo-advisors rarely demand a minimum balance, which means just about anyone over 18 can invest.

Another advantage is the 24/7 accessibility and automation of Robo-advisors. Since the companies operate entirely online, you can sign up, deposit money, check your balance, withdraw money, etc., all without getting out of your pajamas.

Some Robo-advisors also perform automatic portfolio rebalances and tax-loss harvesting for free—both of which can be tedious and pricey with professional investment advisors.

It all depends on the Robo-advisor one uses . At Wealthsimple, e the following asset classes in our portfolios- stocks (Canadian, USA, Europe, and emerging markets), fixed income and real estate. It is believed  they represent the best long-term sources of growth, income, and stability for investors.

Despite the name, not all Robo-advisors offer real advice. And you won’t get any free pens or lollipops when you visit the office. Because there is no office. Or lollipops. At Wealthsimple, we believe that personal financial questions deserve professional personal answers. That’s why every client has access to a professional Portfolio Manager who can answer questions about your investments, your personal finance goals, or any other financial matter you’d like to discuss. We call this our Wealth Concierge, and if you invest larger amounts of money? That 0.50% advisor fee shrinks even more with Robo-advisors.

Robo-advisors also often negotiate lower yearly management fees for ETFs and offer investors free trading; those savings alone can be enough to counteract the small management fees they charge. Plus, Robo-advisors rarely demand a minimum balance, which means just about anyone over 18 can invest.

Another advantage is the 24/7 accessibility and automation of Robo-advisors. Since the companies operate entirely online, you can sign up, deposit money, check your balance, withdraw money, etc., all without getting out of your pajamas.

Some Robo-advisors also perform automatic portfolio rebalances and tax-loss harvesting for free—both of which can be tedious and pricey with professional investment advisors. Some companies are using cyborgs, half human and half  machine as Robo-advisor which sounds scary.

Although in the underdeveloped countries of the world it will take a lot of time to introduce such technology  the developed countries are already using such innovative technology which is transforming the very face of asset and wealth management. Robo-advisor is the In thing in the business and finance world.

As stated earlier the pace at which technology is advancing is mind boggling and soon machines will not serve us only tea in the morning but run all our personal affairs too.

It will be difficult for many to adapt to the newer technology but it is now a part and parcel of lives. Let us try to make the most of it.

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From The Editors Technology

How Uber Is Disrupting Transportation, Ride Sharing and Leasing Industry

Invented by the ancient Sumerians, man’s greatest invention, the wheel brought a modulation to the field of transportation and has indeed given it a new perspective. Uber Technologies Inc. is one such transportation company that has revolutionized the idea of traveling.

With its headquarters in San Francisco, California the Uber Technologies Inc. commenced the Uber application that allows its users to place a request for a cab from their smartphones while at their home. The request is further routed to the Uber drivers who use their own Uber transportation to provide a comfortable journey to their users.

Uber was founded by Travis Kalanick and Garret Camp in the year 2009 as the “UBER CAB”. Since then Uber has been a total success for the two gentlemen and by 2014 it was ranked as the world’s 48th most powerful company and by the year 2015, it is estimated to be of $62.5 billion.

Living in the twenty-first century where our lives are mainly dominated by the modern day technology Uber brings along the comfort of having a cab waiting for you just a tap away. Uber has numerous pros but the major one being the reduced rate of road accidents because of careless and drunk driving.

Not having to wait for taxis for long hours Uber reduces the number of drunk drivers on the road by providing them a safe and a comfortable journey to their destination. Be it a luxurious or an accessible ride for wheelchairs Uber has a wide range of rides to choose from. It also brings along the unique feature of car-pooling never offered by any other. The feature enables the user to share the ride and the fare with anyone else heading the same destination.

Another reason which I believe has contributed to the increasing popularity of Uber is that it is comparatively much cheaper, friendlier and efficient than getting a taxi this means that people no longer have to wait for a cab in the dark streets during late hours with the fear of perhaps being robbed, it also eases the customer with the trouble of waiting for long extensive hours that can be very tiring and exhausting.

The reason why Uber is disrupting the car, ride-system, and taxi industry is because it somehow contributed to the reduction in the rate of pollution. With Uber, people can have any car that they wish to ride in waiting for them at their doorstep within a few minutes away from just a single tap on their cell phone. This means that people now having the facility of having a car just when they need it are encouraged to not carry the heavy burden of car loans or bank loans etc on their backs for years now.

Because of the fare that is within their limits of the range, they are convinced and satisfied by the service provided by Uber and thus the people do not feel the need of buying a car and bearing the heavy expenses of the insurance and taxes that come along with it. The Uber application also ensures a safe journey. The customers no longer have to worry about the mysterious behavior of the cab driver while traveling late in the night. It also means that girls traveling alone in the night no longer have to worry.

Uber ensures a safe and a comfortable ride to its customers. People being content with Uber and its services means that people are convinced to buy fewer cars which mean less emission of harmful gasses into the environment and it, therefore, contributes to decreasing the rate of global warming in the environment.

However, Uber does has a darker side and contributes to the concept of “sharing economy” which has put a burden on the traditional suppliers, manufacturers and service providers. People buying fewer cars and other means of transportation puts a great burden on the manufacturers of big car industries and provides a tough competition for them. Uber and its growing business have caused the business for the taxi drivers to fall down drastically. For private taxi owners and drivers, it has become very difficult to find someone willing to ride in their vehicle, this has caused them many problems such as unemployment.

Uber_app_ride_sharing_timelybuzz

With the growing popularity of Uber and other such franchises, it has become increasingly difficult for the taxi drivers to support their families and bear the normal day to day expense. Thus, the traditional yellow cabs are disappearing from the streets of the world and are replaced by the new more advanced Uber cabs.

Uber has therefore disrupted the system in which “things were normally done”. Offering rides in much lower prices people usually prefer to ride in Uber cabs and this creates a tough competition for the taxi and other car sharing industries. These apps have undoubtedly increased the size of the market for taxi and car services.

Taxi apps have become a rising topic in the tech industry, not only among users but among investors and entrepreneurs also. Companies have come up with taxi apps like Hailo, Careem, Lyft, etc. that have yet again created a tough competition for the taxi drivers.

“Uber’s entry into the market was a wake-up call for an industry that was not meeting consumer expectations.” – the spokesperson told new.com.au.

The Taxi drivers, however, view Uber’s new policies as rather unsafe and comment, “Ride-Sharing is a for-profit enterprise that provides illegal taxi services. It places the public at risk through the lack of proper government-backed checks and compliance measures for drivers and vehicles, and it directly undermines the efforts of hardworking and law-abiding taxi drivers, operators and owners.” The council said in response to the IPART report.

“Operating under the guise of the ‘shared economy’, ride-sharing, and specifically UberX, are exposing both drivers and customers to increased risk through (but not limited to) noncompliance with the law, including the non-adherence to the government required checks for authorities and licenses; inadequate or no insurance; no workers.’ Compensation insurance; no industrial relations arrangements; and the insidious practice of surge piercing.”

However, there has been much of a positive response from the Uber drivers who are quite content with its service and packages. At Uber, the drivers are paid for the hours they work in whereas in a yellow cab the driver gets to keep what he earns and it mainly depends on a chance of luck. The drivers are offered good amount of pay and apart from that another advantage which they have at hand is that they can easily choose the time slots for which they wish to work for, this means that it creates a source of employment for the part-time, workers, too and also attracts many yellow cab taxi drivers into the Uber because of the stable salary which they wouldn’t have received if they worked as a yellow cab driver. This yet again contributes to the reason why Uber is disrupting the car, ride-sharing, and the taxi industry.

Uber is “changing car ownership for drivers, with flexible options that allow people to get access to a car when they want to earn extra income,” says Andrew Chapin, a former Goldman Sachs banker who now runs Uber’s vehicle solutions group. But of course, as with anything related to Uber, there’s controversy. Drivers approved for the program pay around $120 to $160 a week, and the money is deducted automatically from their earnings. At $600 a month or so for many drivers, that’s a hefty lease, leading critics to claim that the terms are predatory. Uber also continues to drop its ride prices, making it harder for some drivers to keep up.

Another main concern that comes up with Uber is that of the economy. With the yellow cab taxi drivers and other industries setting up new vehicles running in the streets of the country, the government did manage to get some of the money to the country by having some government owned taxis and hired taxi drivers. However, with Uber, the money goes into private hands which are yet again a major loss to the government, the country, and its economy.

Thus, it can be concluded that Uber has disrupted the car, Ride-Sharing, and taxi industry in many ways. Uber and its increasing popularity have attracted many investors who have added it to its successful reputation that it bears today.

Uber and its charm have somehow repulsed the loan and leasing industry providing it a tough competition in the market. Uber, where lifestyle meets logistics has truly taken into account the atoms and bits of the world and has brought in a way like no one other and has left no bit or atom unturned to create industries that serve people.

 

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From The Editors Technology

The Elon Musk Mission to Colonize Mars

The inspirational and eloquent maxim:

To boldly go where no man has gone before

from the world famous and highly acclaimed Television series ‘Star Trek of the sixties, the brainchild of visionary producer Gene Roddenberry which was later turned into full-length feature films, drew massive inspiration and fan following which seems to be rising to this very day.

The success of the Star Trek movies and series created a sensation so much so that fans of the movies formed their own group called ‘Ttrekkies’ and every year a Star Trek convention is held in the USA.

Space, referred to as the “last frontier’ with its inherent mysteries has always fascinated man and right from the early sixties with the advancement of technology there has been a Race for Space so to speak.

The Americans competed with the Russians and it was the vision of President John. F. Kennedy that The USA would put a man on the moon before the end of the sixties.
True to his prophecy, Apollo 11 landed on the moon on July 20th, 1969 and Neil Armstrong was the first man to set foot on the surface of the moon with the famous chant ‘One small step for man, one giant leap for mankind’ .

Space travel and exploration are exorbitantly expensive, so much as that in the early sixties and seventies, only The USA and the former Soviet Union were engaged in this field.

Over time other countries like India, China, The European Space agency all started sending rockets into space for weather data, communication and television satellites, Topography etc.

It is only after the turn of the millennium that the private sector has become involved in space travel and exploration for although the commercial benefits may be high the cost of launching a spaceship into deep space is absolutely staggering .

It takes vision, daring, creativity , an adventurous spirit and the boldness of rising to the challenge to venture into such celestial pursuits.Two people worthy of being singled out in the context of commercial space travel space need special mention here as both are visionaries with a dynamic and charismatic disposition, true leaders in their respective enterprises.

The first is Sir Richard Branson, CEO, and Chairman of the Virgin group of companies comprising 400 company with his latest venture Virgin Galactic. As the name suggests Virgin Galactic is a commercial enterprise opening up space travel to all those interested and able to pick the price tag. Although It has not kicked off yet, intrepid travelers have already started forming a beeline to book space for travel in the future.

However, a sad aspect of the Branson’s venture has been the fatal crash of one of its prototype the VSS Enterprise, a Virgin Galactic Scaled Composite Model 339 Spaceship Two experimental spaceflight test vehicle, which suffered a catastrophic in-flight breakup and crashed in the Mojave desert in California, USA.

Investigations revealed that it was an error of the copilot who unlocked the tail of the spacecraft in mid-flight causing the crash. The co-pilot Michael Alsbury died in the crash. This was a major setback for Branson as the accident cast a shadow of doubt on space tourism. However, the British entrepreneur has not lost heart and the project has not been aborted the space ship rebuilt with a savvy new design and innovative features are attracting large bookings.

The other dynamic and visionary entrepreneur can best be described as a genius and highly successful businessman who at the relatively young age of 45 has set up billion dollar companies, Tesla Motors and SpaceX, the first mass producing electric cars, the roadster, model S and model X and the other SpaceX, a spaceship company transporting in cargo payload. The man is Elon Musk, a South African born, Canadian. American for whom it so seems that the Sky is not even the limit.

He is the man who wears many hats, CEO and CTO of SpaceX, CEO of Tesla Motors, Co-founder and chairman of Solar city and two or three other companies. Musk has tremendous vision and is willing to rise to the challenge for his aim is to change humanity and the world. His goal comprises reducing global warming by producing and consumption of sustainable energy.

Furthermore, he believes in making life multi-planetary by establishing a human colony on the planet Mars. His Company Space Exploration Technologies Corporation, better known as Space X, based in Hawthorne, California , is an aerospace manufacturer and space transport services already exploring and experimenting with technologies to enable them to prepare for the colonization of Mars.

It has already developed the space vehicles Falcon I and Falcon 9 which are designed to be reusable. Its Dragon spacecraft has been used to supply cargo to the International Space Station (ISS). A manned version of Dragon is in development.

Musk believes that his program to colonize Mars will be possible in the next 9 years and his company will put the first man on Mars by 2025. The missions are sure to be hard, risky, dangerous, difficult according to Musk but he seems confident that in the in the pioneer spirit of the people they will get there.

Just as with the establishment of the English colonies, there are people who love that. They want to be the pioneers. Much like some of their ancestors, these brave men and women would embark on a perilous journey to a new world for the good of mankind, a journey with implied risk that suggest they may never return.

The first phases are to involve rovers and science experiments, not men and women. The equipment would be built by SpaceX (and others) and shuttled to the planet in anticipation of the pioneers’ arrival in 2025. The early flights are a proving ground, a way to better understand interplanetary navigation and allow the company to safely land its craft on Mars, before shuttling humans.

Essentially what we’re saying is we’re establishing a cargo route to Mars. It’s a regular cargo route. You can count on it. It’s going happen every 26 months. Like a train leaving the station. And if scientists around the world know that they can count on that, and it’s going to be inexpensive, relatively speaking compared to anything in the past, then they will plan accordingly and come up with a lot of great experiments.

In decades past, these missions would have fallen on NASA and congress, which makes it even more impressive that Musk and his privately-held company are leading the charge.The move is an audacious one by a company that lacks the resources of a government agency and is receiving only minimal support. NASA, for its part, has previously said it would provide technical — but not financial — support for Musk’s 2018 mission.

Whether it is an obsession or sheer inspiration Musk seems bent on proving himself. If things go according to plan, we should be able to — we should be able to — launch people in 2024, with the arrival in 2025,” Musk is believed to have said. This is indeed a grand plan for up to now we have just seen life in Mars in movies. If musk can pull it off and Mars can be really colonized in 30 to 40 years time his company will have done a great service to humanity as the Earth’s resources are drying up especially water and with burgeoning population in billions many will aspire to become Martians.

Musk has missed some self-imposed deadlines before. But he said that he intends to send SpaceX’s Dragon Version 2 spacecraft to Mars in 2018. SpaceX has entered into an agreement with NASA for a Dragon mission to Mars, set to take place as early as 2018. Known as “Red Dragon”, the variant of the Dragon 2 spacecraft will be launched by the Falcon Heavy rocket, ahead of a soft landing on the surface of Mars. The mission is also part of an agreement with NASA to gain further data on Mars landings.

Red Dragon was always seen as the first step towards that eventual goal. SpaceX’s announcement pointed to the completion of the main phase of an agreement with NASA, likely via a Space Act Agreement (SAA), to work together on a mission to Mars.

Elon Musk, has great plans for posterity and can rightly be called a great visionary and had visionaries and academics like Gene Rodenberry, Jules Verne, Einstein, Newton and many others been alive today they would have lauded Musk for his intrepid and entrepreneurial skills.

Elon Musk has the funds, the resources, and the manpower to realize his dreams and with the support of the US government, he has everything at his disposal to invade Mars and set up colonies of earthlings.

Musk has many more years to go and with his visionary thinking and foresight and with time who knows what greater achievements he will make. Godspeed to him.

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From The Editors Technology

A Historical Insight on Tesla Motors & Its Impact on the Auto Industry

Ever since times immemorial, it has been man’s consistent endeavor to improve his lot in life, to provide material comfort and succor to himself and his family. Right from the medieval ages or even before that when people lived in caves, discovery and invention have been a major priority to enhance and improve the quality of life.

Over the years scientists, inventors, discoverers, doctors, manufacturers, writers, academics political leaders, religious scholars have all contributed their share to the path of progress and prosperity.

The two of the greatest areas where man has made monumental strides over time has been in the field of communications and transportation. With the invention of the telephone by Alexander Graham Bell, it became possible to speak across the globe in a very short time. And with the advent of digital technology, well, all one can say, wonders will never cease to exist.

However, it is an indisputable fact that man’s greatest invention The WHEEL has transformed and revolutionized the world of transportation and given an entirely new impact and dimension to the auto industry.

It is in human nature to aspire for better, more comfortable and above all faster means of transport with foolproof security features and ever since the introduction of Henry Ford’s Model T and its mass production the need for bigger, better and faster has been the criteria of the automakers.

Ever since the Model T, The world’s auto industry has entered into a frenzied and cut throat competition each vying to produce the world’s best automobile to grab a share of the international market.

The Americans needed quantity as well as quality not to forget exacting safety standards and initially were in the forefront of the auto industry.

After the second World War, things changed and today Japan has emerged as the largest automaker with Toyota, the leading car manufacturer in the world General motors, Nissan. Suzuki, Volkswagen, are some of other the leading automakers of the world today.
However, in the early seventies, the world witnessed an oil embargo which soared the prices of petrol globally and the auto industry felt its impact as sales slumped drastically. Moreover, industrial pollution, car fuel emission, and chemical and toxic waste were playing havoc with the ecosystem and the demand for fuel efficient cars was the need of the hour.

Automakers spent millions on research and development and started producing better models of their car version which were both Eco-friendly and fuel efficient.Innovation has always been the hallmark of all major companies, to explore new technology, apply them in and produce better and greater quality products in their related field.

Every major automaker realizes that cost and unmatched efficiency are what draws the customer to its models and they leave no stone unturned to meet the expectations of the market.

One such company is Tesla Motors based in Fremont, California which has been making electric cars since 2012 and which appears to become the greatest automaker in the world. The question obviously springs to mind that what exactly is an electric car and how it compares to an ordinary car?

An electric car is propelled by one or more electric motors powered by rechargeable batteries.These electric motors give instant torque resulting in immediate acceleration.
Tesla motors introduced its Model S which has to date been very successful. The first Tesla electric car was the Roadster made in 2008. It is a battery electric vehicle (BEV) sports car that was produced between 2008 to 2012. Tesla plans a replacement for the roadster in 2019.

The second model introduced by the company has been the Model S which has to date been very successful.The Tesla Model S is a state-of- the art super luxury sedan which operates entirely on electrically powered by rechargeable batteries. A 5-door liftback Tesla first introduced in June 2012 and ever since sales have been soaring in the USA, Canada, and Europe. It has been duly approved and certified by the United States Environmental Protection Agency (EPA).

The greatest feature of the Model S is that it is 100 percent emission free which is nothing short of a godsend as the world struggles to keep industrial emissions down as much as possible. Although Tesla motors are in fierce competition with General motors to capture the electric car market the demand for the model S will give Tesla an edge in the near future .

The Model S is the second highest-selling electric car in the global market after Nissan Leaf. At present, the model has been very successful with touchscreen digital technology to operate its interior systems with eight airbags etc.

The most innovative feature of the Model S is its auto- pilot system, a system whereby the car drives by itself guided by its computer and built-in sensors. In other words, drivers are free to engage in other activities as the car drives itself. It is said that it is also possible for the auto-pilot to accurately park itself.

The car has bagged many prestigious awards the since its inception such as 2013 World Green Car of the Year, Motor Trend Car of the Year and Time magazine’s best 25 inventions of the year 2012. It has been very successful in Scandinavia and in the Netherlands, Germany, and Switzerland.

To gauge the success of any product or in this case a car model the US market is the best yardstick or barometer and the Tesla model S has already captured 60% of the U.S market.

Tesla Motors is owned by Elon Musk, a dynamic and charismatic entrepreneur who like Richard Branson, owner of the Virgin group can best be described as creative visionaries who not only are engaged in earthly business ventures but have set their sights in celestial and inter-galactic pursuits.

Tesla is launching its Model X, an SUV which has advanced features of that of the Model S. Tesla motors in 2016, Tesla upgraded the design of the Model S, which now looks more like the Model X. Further additional upgrades can be done on the S model with the introduction of a software update .

It can be unequivocally said that Tesla Model S is a marvelous engineering feat in automobile technology and electric cars being the need of the hour Tesla motors are a thing of the future and it seems that within a very short span of time Tesla will be the leading automaker in the world.

The company is making monumental strides in auto technology and it would be no surprise that Tesla will soon become a household name and set up a plant in every major country in the world. There are of course negative aspects in any venture and recently Tesla had its share of woes when a Tesla car crashed and the driver was killed despite the fact that the autopilot system was functional.

The matter although being investigated by the National Transportation and Safety Board (NTSB) has not dampened the enthusiasm of potential car buyers. Tesla, however, contends that the auto-pilot system was not to be blamed for the fatal crash. Tesla, which had to face the brunt of the political damage and public relations nightmare went into damage control and immediately started working on modifications to its Autopilot system.

Autopilot works by using cameras, radar and computers to detect objects and brake automatically in case of the possible risk of hitting anything. Although this has been a major setback for the car company Tesla engineers are working at a frantic pace to rectify the anomaly if any.

Meanwhile, Tesla is all set to launch its latest model Model X which will be another feather in its illustrious cap. Tesla is an extremely customer-oriented company and does not make its models until orders are placed in which case delivery dates are given to customers.

Another noteworthy point is that although the price of cars is quite high the government with an aim to reduce emissions is providing tax incentives to companies as well as customers, for example, a Tesla Model X 60 D is priced at 74000 US but with a tax credit of 6500, it comes to 66,500 US dollars.

Moreover, the cost of using electricity is much cheaper than using gasoline so in the long run, it goes without saying that an electric car will prove to be very beneficial.

In anticipation of the introduction of a more affordable model by 2017, Tesla automakers have started collecting a $1000 dollars deposit from potential buyers and so far over half a million people have made the deposit. The potential of this car is incredible as Governments are giving tax breaks to people in Canada and the U.S who want to purchase an environmentally friendly car with no emissions.

In conclusion, it can be said as far as Electric cars are concerned Tesla will prove to be a major player in the global auto industry.