May 18, 2018 - India Will Be One Of The Fastest Adopters Of AI-Related Services, Says Telecom Body

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Alvin Hsia From the Editor's Desk

The Irrational User: 8 cognitive biases to keep in mind when building products- Alvin Hsia
The human mind is a wonderfully complex thinking machine. We've developed written language, built skyscrapers, and discovered quantum physics through our collective ability to plan and reason. But despite our intellect and like all earthly creatures, the mental circuitry of our biological ancestors had been optimized by evolution for a world where timeliness was more valuable than accuracy. Optimizations often present tradeoffs. In many modern decision-making contexts, humans are predictably irrational. Many studies have empirically demonstrated these types of systematic deviations, which are also known as cognitive biases or mental fallacies. Neuroscience researchers have shown that cognitive bias is deeply rooted in the structure of our brains; unlikely to go away for a very, very long time. So whether you consider it a bug or a feature, cognitive bias is part of what makes us human.

Continued here

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Huawei India shuts product assembling operations in Chennai
Huawei India shuts product assembling operations in Chennai
Last year, the company had posted a revenue of $1.2 billion out of which around $250 million was accounted for devices business.



Today's TradeBriefs Cartoon

Xiaomi Redmi Note 5 Pro to Oppo Realme 1: Best smartphones under in India Rs 15000
Xiaomi Redmi Note 5 Pro to Oppo Realme 1: Best smartphones under in India Rs 15000
If you’re looking for a smartphone within Rs 15,000, here’s a list of the top choices available.

Online platforms capture 38% smartphone sales in India: Counterpoint report
Online platforms capture 38% smartphone sales in India: Counterpoint report
Flipkart continued its dominance in the online smartphone market with 54% share, with Amazon at second place with 30% followed by Mi.com with 14% mark..

Chandigarh needs twice as many telecom towers
Chandigarh needs twice as many telecom towers
Here are some numbers to put things in perspective: India has 4.

Telecom department expected to clear Vodafone-Idea merger tomorrow to create country's largest mobile operator
Telecom department expected to clear Vodafone-Idea merger tomorrow to create country's largest mobile operator
The Vodafone-Idea merger will create the country's largest mobile service operator.

5G panel identifies 6000 Mhz spectrum as available for next gen service
5G panel identifies 6000 Mhz spectrum as available for next gen service
Arogyaswami Paulraj said that initially the service will enhance mobile data speed in India by up to 50 per cent compared to current levels.

Mi.com grabs third position for online smartphone sales in India ...
Mi.com grabs third position for online smartphone sales in India ...
Xiaomi’s mi.com captured 14% market share during Q1 2018 in online smartphone sales with four of its phones taking the top positions.

No threat to feature phones in the next three to four years: Ziox Mobile CEO
No threat to feature phones in the next three to four years: Ziox Mobile CEO
The four-year old company, which sold about 3.6 million phones in 2017-18, wants to capture a 5% market share.

TRAI, BEREC Sign Memorandum on Preserving, Promoting Net Neutrality Rules
TRAI, BEREC Sign Memorandum on Preserving, Promoting Net Neutrality Rules
The Telecom Regulatory Authority of India (Trai) and European telecoms regulator group BEREC have jointly backed an open internet while calling for effective regulation of electronic communications even as net neutrality rules officially expired in the US earlier this week.

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