Connect with us

Feature

Facebook reportedly planning on launching a Portal TV streaming device

Published

on

San Francisco: Social-media giant Facebook is reportedly working on a streaming device, like Amazon’s Fire Stick, which would plug into a TV to offer access to online content.

The new streaming hardware will be part of the company’s Portal family of devices, featuring a camera, combining video chatting with TV viewing and Augmented Reality (AR), variety.com reported on Friday.

The company recently approached Netflix, Disney and HBO about adding their content to its hardware. In addition, Facebook is set to launch an updated version of its video chat device ‘Portal’ later this year.

Andrew Bosworth, Vice President of Facebook’s AR and Virtual Reality (VR) has also confirmed that the company has a lot more to unveil “later this fall” related to Portal.

Portal was launched in November 2018. While the smaller device was priced at $199 (Dh730), the larger “Portal Plus” was made available for $349 with a 10-inch display and 15-inch display, respectively.

The smart camera-enabled device is also powered by Amazon’s voice assistant Alexa and comes with front cameras.

Feature

Hyderabad based GVK Group reportedly under government scanner

Published

on

By

Mumbai: The GVK Group, which is in locked in a legal battle with the Adani Group on stake sale in its flagship Mumbai International Airport (MIAL), on Tuesday said it has received a notice from the corporate affairs ministry (MCA), seeking some details about the airport operator.

This comes at a time when the Hyderabad-based diversified GVK Power & Infrastructure Limited, which owns 50.5 percent stake in the MIAL, is in the process of hiking its stake in the airport arm by acquiring 23.5 per cent additional stake from Bidvest and ACSA.

The MCA notice, according to sources, is based on a whistleblower complaint to MCA with regard to alleged ‘diversion of funds’ from some of the GVK Group companies.

MCA has initiated an inspection of the books of 11 entities, which include GVK Power & Infrastructure, Mumbai International Airport, GVK Jaipur Expressway Pvt and GVK Power. It has also ordered an inspection of the books of Navi Mumbai International Airport Pvt – the under construction airport at Navi Mumbai.

These companies are located in different jurisdictions — Hyderabad, Bengaluru, Rajasthan and Mumbai — of the Registrar of Companies and MCA has sent a physical inspection letter to each of these companies, sources said.

Continue Reading

Trending