World Markets Simplified

Global markets were under pressure due to the Spain debt worries and deadlock between European Union. Greek exit is also a focus for the market traders as next election to be held on june 17. If greece plans to exit euro, it will be catastrophic for markets and market might sell off. Meanwhile US economic indicators are loosing momentum and slipping added to more economic woes. Unemployment data is picking up in US and manufacturing dropped more than expected. Today's job data will clarify the picture, although no one is expecting any surprise on positive side, but if it comes on lower side of estimate, S&P will loose its important 1300 support level and another round of selling will start. S&P 500 is just holding up 1300 levels and bouncing back from the support. Watch out for those levels.

Nifty Trading Tips & Outlook Today

Our last call was buy on dips on Nifty as index has gained a momentum but unfortunately, it couldn't get above 5000 levels and stayed there. Selling pressure due to global uncertainty as well as worst GDP number for the quarter put a pressure on the markets and might see downgrades and revised earning targets for large caps. All these events lined up in next few days and might continue pressuring Nifty. Long positions squared off and one might look to short Nifty around 4980-5000 levels ( Spot ). The range for Nifty will be 4800-5000( Spot ) for next trading strategy. Trade accordingly

Check out our previous recommendation here

SpaceX Dragon Makes Fiery Re-entry, Watery Landing
SpaceX's Dragon capsule successfully undocked and deorbitted this morning after a historic launch and hookup with the International Space Station. The capsule completed its mission today, re-entering the Earth's atmosphere and splashing down in its general target area in the Pacific. (Elon Musk, SpaceX chief tweeted that the next version would "land with helicopter precison.") The craft was located after splashdown and is being recovered off the Baja Coast of California.

New Cyberweapon IXESHE Discovered
A new advanced persistent threat named IXESHE (pronounced I-Sushi) was recently discovered on the computer networks of Taiwanese electronics companies and several East Asian governments. The IXESHE campaign appears to have been underway since early 2009. According to a research paper by Trend Micro, IXESHE spread via infected PDF files that were sent to deliberately targeted employees. Once the APT infected a computer, the malware binary allowed unknown parties to remotely control and monitor operations. The spearphishing emails had titles such as "Discussion on Cross- Strait Maritime Cooperation," "The Obama Administration and the Middle East," and "China’s Charm Diplomacy in BRICS Summit."

Mobile News Reader Taptu Releases Web App Powered By HTML 5
News discovery and reader app Taptu just released a version of their reader app for the Web, powered by HTML5.

The web version of the news reader adds to Taptu's existing apps for iOS, Android, Nook, Blackberry and Kindle. Its creation was motivated by responses from its users, CEO Mitch Lazar told Fast Company. "Of all the requests we get regularly, the number one request has really been, 'Give us Taptu on the Web.'"

For Taptu, getting on the Web, is a break from tradition set by most newsreader apps, which tend to be mobile app focused, and in the case of Flipboard, only available on iOS devices. The Taptu Web app also prepares the company for a potential future in the versatile and cross-platform HTML5 as opposed to native apps. Though, for now, Taptu's focus won't stray too far from its mobile heritage. "If the market does move that way we'll be ready," Lazar said.

A little less like Flipboard, but a little more like Zite, Taptu's trump card is its search feature which throws up news stream suggestions based on word-search algorithms. Also, Taptu lets you "DJ your news" by mixing source streams within the app itself, as you might do with a Twitter list, or a Google Reader folder. Taptu is now porting those strengths to the desktop-accessible Web.

Up to 50 percent of Taptu's 800,000 readers are based in the U.S., home turf to other reader apps like Flipboard and Zite. 30 percent of Taptu's following is based in the company's base in the U.K.

ACTA Rejected In EU, As Google Faces Piracy Accusations
Today the Industry Committee, the Civil Liberties Committee and the Legal Affairs Committee of the European Parliament formally registered their recommendations to not sign the controversial Anti-Counterfeiting Trade Agreement ahead of a full EU vote in July.ArsTechnica points out it's the latest step in rejection of ACTA (which was designed by international bodies to protect assets of content creators with punitive measures, and ratified by President Obama in 2011), coming after national-level Dutch, Polish, German and Czech disapproval.

Meanwhile the RIAA has openly accused Google of failing to move dramatically against piracy-enabling websites linked through its search results, despite Google's recent moves to make its actions more clearly understood by adding Copyright Removal Requests to its Transparency Report. RIAA's EVP Brad Buckles has complained in a blog post that Google places "artificial limits on the number of queries that can be made by a copyright owner to identify infringements," and also "limits the number of links we can ask them to remove per day." The recording industry spokesbody is thus squarely blaming Google for merely linking to sites that then themselves link on to enable piracy of music.

Speaking at AllThingsD's D10 conference last night, Hollywood agent and head of William Morris Endeavor Agency Ari Emanuel made a number of controversial comments that similarly blamed Google for enabling piracy by not suppressing links to piracy-related search results. Faced with a question on the matter from The Verge's Josh Topolosky, Emanuel seemed confused and angered that this position was analagously compared to blaming the road a burglar drove down before burgling someone's house. Emanuel also point blank refused the notion that cable companies would unbundle content.

Earlier this month a study by North Carolina State University was the latest in a line of studies to show that piracy actually promotes sales of online content by showing torrented albums sold better than non-pirated peers. Also speaking at AllthingsD, Spotify's Daniel Ek noted that he expected his wildly successful online music streaming service, which generates reliable income for labels and may dissuade piracy due to its convenience and low cost, was blocked from entering the U.S. by inflexibility by record labels throughout a two and a half year process.

• Merck & Co., Inc. (MRK) CEO: We Will Not Follow Pfizer Inc. (PFE)'s Footsteps More...

Aamir Khan was asked for apology for accusing doctors of malpractices in his TV talk show 'Satyamev Jayate'. Is he doing something wrong?  If we see the highlights of the points in his fourth episode, it is mainly indicating what is actually happening in the society in more or less amount. He has tried to gather proofs and exposed them amongst general public. People who involved in pharmaceutical manufacturing or trading business knew better that everything shown in the episode was true. Doctors are getting different kind of perks from the pharmaceutical companies to promote their products. Pharmaceutical companies offers a foreign trip to some expensive gadgets, sometimes cash as well.

Simple.TV allows up to five simultaneous connections so your family can all log in and watch live TV or recorded shows. Everyone can watch live TV at the same time, as long as it’s the same channel. When watching recorded shows, up to five different programs can be streamed at once.

The Color Genius App

Because you really are kinda worth it, L’Oreal Paris introduces a new app that helps you effortlessly match your makeup to your outfit. And gives a lesson in making a stylish demo video.

It’s hard to do your banking when the nearest branch is a day away and you don’t have any electricity. These new cash machines run on the sun’s power, and can bring some modern banking to truly out-of-the-way places.

For many villagers in rural areas of India, personal banking is pricey in ways American could never imagine. First, there is the cost of reaching the nearest branch. Bus fares are expensive, and a day’s labor is lost in the journey. Simply installing ATMs in villages that don’t have reliable electricity (or don’t have at all) is problematic, while building bank branches in every hamlet is out of the question.

Indian engineering company Vortex has taken on the challenge by creating solar-powered ATMs. Superficially similar to the cash dispenser in your corner convenience store, these rugged little bank tellers are a distant species altogether.

So far, Vortex has deployed about 450 across almost every state in India, mostly in small towns about 60 kilometers from bank branches, reports Yale Environment 360. Vortex officials say they plan to install about 10,000 more within the next two years, while an international expansion is also underway.The Gramateller ATM is lean, efficient and designed to live almost anywhere humans do. It carries its own solar panels, alongside four to eight hours of battery storage. Despite the ability to operate in temperatures as high as 122 degrees Fahrenheit, it never needs cooling, unlike most ATMs. Clever engineering also means it’s 90% more efficient than conventional machines, consuming about $10 of electricity per month in India. The ATM also comes with a fingerprint identification system, making it easy for those unfamiliar with digital devices to withdraw cash.

Convenience cash may never be far away. The poor living in far flung locations just need to be able to earn enough of it to withdraw.

With the mission of helping banks reach out profitably to unbanked & under-banked regions, and years of R & D ably supported by IIT Madras, Vortex has designed ATMs which are highly reliable, rugged, easy to use and eco-friendly. They consume up to 90% lesser power and hence can be economically operated using solar power. Vortex ATMs are currently serving even the remotest parts of rural India – using technology as an enabler to improve quality of life.

Vortex’s innovative ATM portfolio comprises Gramateller Indi ATM, Gramateller Duo ATM, and solar power options for both these models. Additionally, the company provides related software solutions to help banks roll out end-to-end ATM services.

The company has been selected as one among the 10 start-ups that will change your life by TIME magazine, is one among 31 visionary companies selected as Technology Pioneers 2011 by World Economic Forum, and was a finalist of the Wall Street Journal Asia Innovation Awards 2010.