Author: Miles

Huawei Officially Unveils Its New Operating System: HarmonyOS

August 16, 2019

Huawei officially disclosed and confirmed that its new operating system (OS) -HarmonyOS – will be taking over from Android on the Chinese tech giant’s devices. The information was shared at the Huawei Developer’s Conference on Thursday, in Songshan Lake, China. In China, the OS will be called HongMeng, but to those outside of the Asian nation, it’ll go […]

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Sensex rebounds 500 points; Bajaj Finance, Yes Bank, RIL among top gainers

August 14, 2019

Tracking higher global markets, India’s stock market indices Sensex and Nifty rebounded today, with some buying emerging in stocks that fell sharply in Tuesday’s selloff. The Sensex was up over 500 points at day’s high while Nifty regained 11,050 after US delayed tariffs on some Chinese imports, bringing some relief to global markets rattled by […]

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Millennials drive mortgage refinance boom, and lenders are scrambling

August 11, 2019

Mortgage interest rates have been falling since May, especially sharply this month, so borrowers, especially millennials, are rushing to refinance. Applications to refinance were up a stunning 116% this week compared with a year ago, according to the Mortgage Bankers Association. That has lenders scrambling to keep up. Quicken Loans, the nation’s largest mortgage lender, […]

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Huawei unveils new operating system HarmonyOS, will it replace Google’s Android?

August 10, 2019

Huawei Technologies Co. took the wraps off its “HarmonyOS” operating system Friday, offering the first glimpses of in-house software that may someday replace Google’s Android and reduce its reliance on American technology. To begin with, the open-source software will skip smartphones and instead find its way into everything from cars and watches to personal computers by […]

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A Danish bank is offering mortgages at a 0.5% negative interest rate – meaning it is basically paying people to borrow money

August 9, 2019

A bank in Denmark is offering borrowers mortgages at a negative interest rate, effectively paying its customers to borrow money for a house purchase. Jyske Bank, Denmark’s third-largest bank said this week that customers will now be able to take out a 10-year fixed rate mortgage with an interest rate of -0.5%, meaning customers will pay […]

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Mortgage rates sink to 3-year low, but one-third of borrowers are making this big mistake

August 6, 2019

Escalating tensions over a trade war with China sent investors rushing to the relative safety of the bond market late last week. That pushed the yield on the 10-year Treasury, which mortgage rates loosely follow, down sharply. The average rate on the popular 30-year fixed mortgage hit 3.70% on Friday, the lowest since November 2016, […]

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VxWorks real-time operating system plagued with 11 critical 0-day bugs

August 2, 2019

When talking about bugs affecting operating systems, you often hear about Windows and Android, sometimes iOS, and, from time to time, even Linux. Rarely to RTOS, short for Real-Time Operating Systems, get any coverage. One RTOS, however, is used in so many critical computer systems in critical industries that big security bugs could prove to […]

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Freddie Mac predicts more homebuying, but there’s a catch

July 31, 2019

Freddie Mac forecasts that mortgage lending will rise this year and next on the strength of combined low mortgage interest rates and slowing home price growth. (Photo: Bet_Noire / Getty Images) Freddie Mac, a government-run corporation that buys home mortgages and packages them into mortgage-backed securities, said Tuesday in its monthly forecast on the mortgage market […]

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Fintech startup Aye Finance raises Rs 55 Cr debt funding from DCB Bank

July 30, 2019

Financial technology startup Aye Finance on Tuesday said it has raised a debt funding of Rs 55 crore from DCB Bank to grow its loan book and credit solutions. The company will use these funds to grow its loan book and offer affordable and customised credit solutions to the credit starved micro-enterprises in India. Aye Finance has disbursed over Rs 2,000 crore […]

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3-day lifestyle exhibition inaugurated in Vijayawada Hans News Service

July 29, 2019

Vijayawada: Threads & Jewells lifestyle exhibition was inaugurated at Sri Sesha Sai Kalyana Vedika here on Sunday with its best haute couture, exclusive wear, home decor and luxury products. The 3-day exhibition is being organised to showcase a wide range of collections from some of the niche and top-notch designers from across the country for women […]

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