Current Affairs Global - 3 May 2014

1. Rwanda-s President Paul Kagame, President of South Korea Park Geun-hye and Mexican billionaire Carlos Slim won the World Telecommunication and Information Society (WTIS) Award 2014 yesterday. They were honoured by the International Telecommunications Union (ITU) in recognition of their leadership and dedication towards promoting ICT (information, communication and technology) development and broadband connectivity as a means of achieving sustainable development.

The WTIS Award, which focuses on broadband connectivity for sustainable development, will be presented at a ceremony on 16th May 16 to mark the 149th anniversary of the establishment of ITU May 17, 1865.

2. A US court has ordered Samsung to pay USD 119.6 million to Apple for infringing two of its patents. Apple had earlier sought USD 2 billion at the trial from Samsung accusing it of violating patents rule.

Samsung denied any wrongdoing and sought USD 6 million after arguing Apple had infringed two of its smartphone patents related to camera use and video transmission.

3. Internet giant Google acquired Rangespan, a UK start-up that uses data science to help retailers determine which products to sell and when. Rangespan was founded by former Amazon employees in 2011. Post this deal, Google will take over its technology and Rangespan will no longer provide any more services to clients.

It is the third UK startup which was acquired by Google this year as Google plans to expand its Google Shopping web portal and e-commerce offerings.