IT Current Affairs

Option: D
Explanation :Alibaba Chinese multinational e-commerce claimed that products worth $38.4 billion were sold from its platform. Most users bought electronic products and fashion items on the 11th edition of the Singles Day shopping event.
In 2009, Alibaba group started a shopping event on 11th November called Single’s Day. The annual event soon gained more popularity than the Black Friday and Cyber Monday shopping sales. The sales on this year Single’s Day are equal to 80% of Amazon’s sales in the latest quarter.
The shopping event for 2019 kicked off with a live performance by Taylor Swift. According to Alibaba executives the platform sold products worth $1 billion just 68 seconds into the annual event. It only took Alibaba 30 minutes to reach the $10 billion mark.
Here’s the breakdown of the sales value each year since its launch:

2009: $10 Million
2010: $140 Million
2011: $800 Million
2012: $3.1 Billion
2013: $5.8 Billion
2014: $9.3 Billion
2015: $14.3 Billion
2016: $17.7 Billion
2017: $25.3 Billion
2018: $30.8 Billion
2019: $38.4 Billion

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Option: B
Explanation :The collaboration builds on the unprecedented digital success of the ICC World Cup 2019, which cemented cricket’s position as one of the world’s most watched sports.
The International Cricket Council on Thursday(26-sep-2019) announced a landmark deal with Facebook which will become the exclusive digital content rights partner for ICC global events and will also carry post-match recaps throughout the rest of the world through to 2023.
The collaboration builds on the unprecedented digital success of the ICC World Cup 2019, which cemented cricket’s position as one of the world’s most watched sports, netting 4.6 billion #CWC19 video views across ICC’s digital and social media platforms.
Facebook will carry a range of digital content across four years including match recaps, in-play key moments and other match and feature content, giving the hundreds of millions of cricket fans in the region the opportunity to deepen their engagement with the sport with more content available than ever before.

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Option: B
Explanation : June-2019 A consortium of 40 tech companies, including Facebook and Google, has released a set of universal benchmarks for evaluating the performance of artificial intelligence tools, aiming to help businesses navigate the fast-growing field.
These benchmarks, named MLPerf Inference v0.5, are centered around three common machine learning tasks: image recognition, object detection, and voice translation.

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Option: B
Explanation : On 26-06-2019 In an interview with CNBC, Ren Zhengfei, founder and CEO of Huawei claimed that Google will lose 700-800 million users if Huawei abandons Android. He said that Huawei and Google will always be on the same line of interest, and if we don’t load Google’s system, Google will lose 700-800 million users in the future.
He added that the company does not want to replace Google’s system at all because it will slow down the growth but if they get to that point, Huawei has its own system to replace and will return to growth. HongMeng OS or Oak OS is all set to release by the end of September or October and will initially focus on the mid-range devices, as per the reports.

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Option: B
Explanation :18-06-2019, the company said that its in-development global cryptocurrency, called Libra, will launch next year alongside the underlying blockchain-based network that will support it.
The currency is designed not to be a speculative asset, like Bitcoin, but a form of digital money backed by a reserve of assets. You will one day be able to use Libra as payment for online and offline services, Facebook executives say. At the beginning, the company imagines Libra will be used mainly to transfer money between individuals in developing countries who lack access to traditional banks. Eventually, the goal is to create the first truly mainstream cryptocurrency: a decentralized global form of payment that is as stable as the dollar, can be used to buy almost anything, and can support an entire range of financial products — from banking to loans to credit.

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Option: B
Explanation :Facebook, Google, Amazon and other large technology companies face criticism for reducing their tax bills by booking profits in low-tax countries regardless of the location of the end customer. Such practices are seen by many as unfair.
The new rules would mean higher tax burdens for large multinational companies but would also make it harder for countries such as Ireland to attract foreign direct investment with the promise of ultra-low corporate tax rates.

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Option: B
Explanation :Google Maps announced three India-first features on Tuesday-04-June-2019.Google Maps users will be able to see bus travel times from live traffic across 10 of the largest cities in India, get Live train status for Indian Railways trains, and get mixed-mode commute suggestions that now combine auto-rickshaw and public transport.

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