Lytro camera: an exciting innovation

Lytro camera: an exciting innovation

Newly released Lytro camera is an amazing and exiting innovation as it being seen as the savior for the struggling camera industry.

The Lytro is a 4.4-inch long & 1.6-inch square equipment that looks far distinct from a typical camera. The oblong awkward looking device utilizes Light Field photography- a type of complex photography technique that was used to produce the illustrious scene in the Matrix where Neo darted bullets in a 3D style.

After analyzing the field of vision, the revolutionary camera captures all the different points of light which make up an image. It may be noted here that conventional cameras capture only one point and have the linear image projection.

What is more, the Lytro processes & stores the captured information as data rather than as a static picture. When processed, the stored data produces a picture that lets users to refocus the image as they like.

Speaking about the camera, Steve Lohr of The New York Times said, "For a photographer, whether amateur or professional, the Lytro technology means that the headaches of focusing a shot go away."

The Lytro's 8GB model, which can hold 350 images, is available for $399. Buyers have option to choose the 8GB model in electric blue and graphite. The 16GB `red hot' model, which can store 750 pictures, costs $750.


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BMC urges traders to call off strike over LBT issue

BMC urges traders to call off strike over LBT issue

The Brihanmumbai Municipal Corporation (BMC) on Thursday urged traders to call off their strike in opposition of local body tax (LBT), stressing that it was open for discussions over the issue.

Municipal Commissioner Sitaram Kunte said that the traders' stir against LBT, which entered the 26th day, was causing a big inconvenience to the citizens.

Speaking on the topic, Kunte said, "The Mumbai Municipal Corporation Act, 1888 needs to be amended to introduce LBT in the city. We are still drafting amendments to the Act and rules based on which it would be executed."

India’s demand for gold jumps 27% in Q1 of 2013

India’s demand for gold jumps 27% in Q1 of 2013

While the global demand for gold declined 13 per cent in Q1 of this year, India's demand for the precious yellow metal jumped 27 per cent year-on-year, according to latest figures released by the World Gold Council
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Indians' demand for jewellery jumped 15 per cent year-on-year to 159.5 tonnes in the first quarter of 2013, while investment demand climbed a whooping 52 per cent to 97 tonnes.

China reported gold demand growth at 27 per cent. Therefore, India's demand growth for the yellow metal surpassed China's demand growth by 7 per cent.