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Saturday, February 29, 2020
Friday, February 28, 2020
Mukesh Ambani named world's ninth richest, with 2 others
Reliance Industries Ltd (RIL) chief Mukesh Ambani is the ninth richest person in the world along with Steve Ballmer of Microsoft and Larry Page of Google, each having a net worth of $67 billion, according to the Hurun Global Rich List 2020.
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Hackers can use ultrasonic waves to activate Siri: Researchers
Ultrasonic waves do not make a sound, but they can still activate Siri on your cellphone and have it make calls, take images or read the contents of a text to a stranger - without the phone owner's knowledge, suggests a new research.
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Vodafone, COAI push for urgent relief measures ahead of crucial Digital Communications Commission meet
With the crucial meeting of DCC likely to be held on Friday to discuss relief measures for the AGR-hit industry, VIL has made a strong push for setting off Rs 8,000 crore of GST credits and a three-year moratorium on payment of the remaining amount which should be staggered over 15 years at a simple interest rate of 6 per cent.
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Microsoft withdraws from GDC gaming conference over CoV
After Facebook cancelled its prestigious F8 Developer Conference in San Jose in May, Microsoft has now announced it will skip the Game Developers' Conference (GDC) scheduled to be held here from March 16 to 20, owing to the coronavirus concerns.
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Facebook to publicly track political sponsored content
The move comes after U.S. Democratic presidential candidate Michael Bloomberg's campaign started paying popular meme accounts on Facebook-owned Instagram to post content as part of its social media offensive ahead of the 2020 election.
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Thursday, February 27, 2020
Facebook cancels developer conference as tech companies respond to virus
Facebook Inc said on Thursday it would cancel its annual developer conference due to fears over the coronavirus, as growing concerns about the economic impact of the global outbreak drove Wall Street to tumble for a sixth straight day.
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Telecom companies can prove to be 'weakest link' in online frauds: Paytm
Telecom companies in India need to implement stringent preventive and punitive measures to counter the menace of online frauds executed through spam SMS or calls, a top Paytm Payments Bank (PPB) executive said on Thursday.
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COAI writes to DoT for floor price on tariffs from April
Mobile operators association, COAI, has suggested steps to facilitate reduction of financial stress on the industry in wake of the AGR payments where it has sought floor price for telecom tariffs be introduced from April this year.
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Flexible supply chains key to fight coronavirus outbreak: HP Inc
Although the coronavirus outbreak has slowed down the global supply-chain for industries across the spectrum, the need of the hour is to not only have a diverse portfolio of products but also a diverse portfolio of factories so that such unpredictable situations can be tackled in an efficient way in the future, a top HP Inc executive has said.
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Wednesday, February 26, 2020
Apple investor vote sounds 'warning' over China app takedowns
The proposal, which called for Apple to report whether it has "publicly committed to respect freedom of expression as a human right," was defeated, but 40.6% of votes cast supported the measure, according to company figures.
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Twitter opens 'Hide Replies' feature for developers
Twitter has rolled out its 'Hide Replies' feature to its developer community, allowing them to create tools that would help users hide replies in the conversation thread on the micro-blogging platform that are offensive, hateful or racist in nature.
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India's IT Act may be revamped, suggests IT minister
"A thinking is going on in the department to revisit the IT Act. It has been 20 years of the IT Act and the IT ecosystem has developed beyond recognition. New technology has become very pronounced, the whole ecosystem of consumers has changed vastly. And so have the challenges," said Prasad.
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My love affair with India just got better
He has covered 11 locations and came away most impressed by the talent at its Hyderabad R&D centre. The centre has been at the forefront of some of the key developments at the digital workflow transformation company that now has a market cap of $63 billion.
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Freshers file patents, trade secrets at Western Digital India
This programme – together with other programmes like Data Innovation Bazaar, Hackathons and Inventor Recognition Events – is the main reason we have one of the largest number of NCG employees actively contributing to building products and a strong portfolio of intellectual property, says Dhanda.
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Tuesday, February 25, 2020
This is what coronavirus may mean for 2020 iPhones
While Apple uses other contract manufacturers such as Wistron Corp to make some iPhones, Taiwan's Foxconn tends to handle the introduction of new models because its capabilities are the most advanced, supply chain experts said.
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British fintech Revolut hits $5.5 billion valuation after funding round
Digital banking app Revolut has raised $500 million (£386 million) in a fresh funding round, confirming the British-based business as one of the world's most valuable financial technology firms with a valuation of $5.5 billion.
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Call of Duty Modern Warfare leaks has put this Reddit user in trouble
The leak shows an image showing people with weapons standing on top of vehicles in the Call of Duty: Warzone space has grabbed Activision's attention. A subpoena was filed on February 14 in the Northern District Court of California for infringing content.
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China's main manufacturing hubs reboot after virus shutdown
Mainland China reported nine new coronavirus cases outside the epicentre of Hubei on Monday, the lowest since the national health authority started publishing nationwide daily figures on Jan. 20. Several provinces have lowered their coronavirus emergency response measures, allowing more flexibility on transportation and helping firms resume production.
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Hackers surpassed $82 million in bug bounties: Report
The concept of hacking as a viable career has become a reality as full-time ethical hackers have earned more than $82 million in bug bounties on HackerOne to dat and the community has expanded to over 600,000 with nearly 850 hackers registering any given day.
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Monday, February 24, 2020
US still eyeing ways to curb sales to Huawei after Donald Trump's chipmaker comments: Sources
An interagency meeting was held last week to discuss national security and China export issues, including proposals to restrict sales of chips to Huawei and a plan to block the sale of jet engines for China's new passenger airplane.
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Learn math, it’s at the core of today’s tech
Narahari, chairman of the division of electrical, electronics, and computer sciences at the world renowned institute in Bengaluru, says theoretical computer science is essentially math, and subjects such as probability, statistics, linear algebra, graph theory, combinatorics and optimisation are at the heart of artificial intelligence (AI), machine learning (ML), data science and CS in general.
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Microsoft, SBI partner to train differently-abled people for jobs
A company statement said SBI Foundation and Microsoft will develop an artificial intelligence powered market place that will enable the BFSI industry to connect more easily with differently-abled people for upskilling and employment opportunities.
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from Gadgets Now https://ift.tt/39Ztuq3
Making airline bookings like buying on Amazon
Airline seat bookings don’t happen the same way. You can’t put a seat into a cart. If you don’t book a seat the first time, the next time you will have to do the search all over again. Many sites don’t allow you to save your payment card details.
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from Gadgets Now https://ift.tt/32muzWl
Finance Ministry, DoT, Niti Aayog discuss options for relief to telcos
With limited choices to balance the SC verdict and saving the telecom sector, officials of the Department of Telecommunications (DoT), the Finance Ministry and Niti Aayog on Sunday held a preliminary meeting to discuss relief measures for telecom industry, which is struggling amidst huge AGR dues, and listed some possible options.
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Sunday, February 23, 2020
Saturday, February 22, 2020
Hong Kong residents hit by mask scam on Facebook: Report
About 100 Hong Kong residents have fallen victim to mask scams orchestrated by a suspected organised gang on Facebook, according to an official who has received hundreds more complaints about similar incident amid the coronavirus outbreak.
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Samsung confirms coronavirus case at factory in South Korea
Samsung Electronics said on Saturday that one coronavirus case had been confirmed at its mobile device factory complex in the southeastern city of Gumi, causing a shutdown of its entire facility there until Monday morning.
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Friday, February 21, 2020
Coronavirus: Facebook, Sony pull out of Game Developers Conference
Big technology players such as Facebook and Sony have pulled out of the forthcoming Games Developer Conference (GDC) over concerns of the deadly coronavirus outbreak. This comes after coronavirus derailed the world's biggest mobile exhibition -- the Mobile World Congress (MWC) in Barcelona.
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DoT launches '5G Hackathon' with Rs 2.5 crore prize money
In its endeavour to identify and promote applications relevant to India in the 5G realm, the Department of Telecommunications (DoT) has launched '5G Hackathon' in association with a number of government, academia and industry stakeholders.
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Government to bar telecom vendors of countries that disallow purchase from Indian companies
The Department of Telecom will bar telecom vendors of those countries that would disallow or exclude Indian suppliers from providing network gears used for wifi, fixed line and cellular networks, including 5G services, in their respective local markets, according to an official order.
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After Amazon, Flipkart challenges CCI probe
Amazon and Flipkart have faced criticism from Indian retailers which accuse them of violating local laws by racking up billions of dollars of losses to fund deep discounts and discriminating against small sellers. The companies deny the allegations.
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Thursday, February 20, 2020
Market for smartphones in Germany set to continue growth in 2020
In 2020, the market for smartphones and related mobile services as well as infrastructure in Germany would grow by 2 per cent to 36.4 billion euros ($39.4 billion), according to a forecast by the digital association Bitkom published on Thursday.
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Tesla gets court approval to clear forest for German Gigafactory
The court said in a statement it had rejected urgent applications to stop the land being cleared of trees from several environmental groups, adding its ruling was final. It had temporarily halted the tree felling earlier this month.
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What secrets? Apple embroiled in row over book by German former executive
Yet, apart from a brief account of a visit by CEO Tim Cook to Berlin and tips on how app developers should pitch their wares to Apple, the book betrays few - if any - details over how the $1.4 trillion U.S. company does business.
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How to create and send WhatsApp stickers for Shivratri
Sharavan is one of the most auspicious months for Hindus. The month is considered to be of Lord Shiva. Sawan Shivratri falls on Krishna Paksha Chaturdashi, which is fourteenth day of the waning phase of moon. Several people also send stickers as Shivratri greetings on WhatsApp. In case you are not sure how to download them, here's our step-by-step guide:
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Walmart's struggling Japan unit finally delivers with online grocery growth
Walmart Inc might finally have found the sweet spot in Japan's food market with a fast-growing venture ranked third in a nascent online grocery sector, as the brick-and-mortar stores it bought into two decades ago continue their search for profit.
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Wednesday, February 19, 2020
Half of Indian firms to adopt hybrid multi-cloud by 2021: Report
With 95 per cent of the organisations planning to increase their Cloud spend in the next 12 months, half of the Indian enterprises will operate in a Hybrid multi-cloud environment by 2021, the International Data Corporation (IDC).
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Indian Railways removes illegal booking software; Expect more Tatkal tickets now
Officials explained that illegal softwares such as 'ANMS', 'MAC' and 'Jaguar' would bypass the IRCTC's login captcha, booking captcha and bank OTP to generate tickets, while a genuine user has to go through all these processes.
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Kerala to collaborate with Dutch organisation on tech
The CPI (M)-led LDF government in Kerala will join hands with The NetherlandsOrganisation for Applied Scientific Research (TNO) in the areas of innovative technologies like Internet of Things, Bigdata and Machine learning.
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Tuesday, February 18, 2020
EU rejects Mark Zuckerberg's offer on regulating online content
The European Union (EU) has vehemently rejected Facebook CEO Mark Zuckerberg's white paper on online content regulation, saying the social networking platform must take responsibility for harmful, fake and illegal content.
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from Gadgets Now https://ift.tt/2UVVCGu
Google funds six AI-based research projects in India
Google on Tuesday started six Artificial Intelligence (AI) based research projects in India that would focus on addressing social, humanitarian and environmental challenges in sectors like healthcare, education, disaster prevention and conversation.
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HCL to bring together Fonterra's IT infra services under one umbrella
Global technology company HCL Technologies (HCL) on Tuesday announced a new large contract with New Zealand dairy co-operative Fonterra to modernise and manage the entire technology infrastructure Fonterra employees around the world use everyday.
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from Gadgets Now https://ift.tt/2vJoK98
Monday, February 17, 2020
50% of all surgeries will be robot-assisted by 2025: L&T
Infrastructure and engineering conglomerate Larsen & Toubro (L&T) expects almost 50 per cent of all surgeries to be robot-assisted by 2025, as Artificial Intelligence (AI) makes robots precise enough to facilitate complex surgeries, the company said on Monday.
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Tesla ordered to halt work on its German Gigafactory
Electric Vehicle (EV) maker Tesla has been ordered to halt its work on felling of trees near Berlin to build its first European car and battery Gigafactory facility, in what is being hailed as a victory for environmental activists.
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Telecom AGR crisis: RBI closely monitoring developments
With massive Rs 1.47 lakh crore of AGR (adjusted gross revenue) dues pushing telecom firms to the brink, Reserve Bank of India (RBI) governor Shaktikanta Das on Monday said the central bank is "very closely monitoring" the fallout of the crisis on lenders by way of a default, if any, by telecom players.
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Sunday, February 16, 2020
Saturday, February 15, 2020
This 'smart' diaper can alert caregiver when it's wet
Worries about changing the baby's diaper at the right time may soon become a thing of the past for many parents as Indian-origin researchers at Massachusetts Institute of Technology have developed a "smart" version of the product that can alert a caregiver when it is wet.
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Outside India, Kashmir's status is different on Google Maps
Google Maps shows Kashmir as part of India -- as long as you view it from within the borders of the country -- but for people outside the country, the outlines of the region are shown in dotted lines, suggesting it to be a "disputed" territory, The Washington Post reported.
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from Gadgets Now https://ift.tt/320Kl9d
New proposed tax on online retailers may face challenge from Flipkart, Amazon
Amazon and Walmart's Flipkart are among online retailers demanding that India scale back a proposed tax on third-party sellers on their platforms, saying the burden of compliance will hurt the fledgling industry, according to a document seen by Reuters.
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Huawei cyber security chief says no operator gives it access to intercept equipment
Huawei's cyber security chief said on Friday that he was not aware of any mobile operator ever having given the Chinese company access to the equipment used to intercept calls when required to do so by security services.
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Friday, February 14, 2020
CAIT to appeal against order staying probe on Amazon, Flipkart
In a statement the traders' body said that the court has stayed the order for investigation passed by the CCI on the ground that the ED has already initiated investigation into Flipkart and Amazon's activities that are alleged to be in contravention of the FDI policy and so, CAIT would now urge the government and the ED to fastrack the probe.
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Supreme Court orders telcos to clear dues by March 17, threatens contempt
The court, which had asked companies including Vodafone Idea and Bharti Airtel to pay 920 billion Indian rupees ($12.89 billion) in overdue levies and interest by Jan. 23, had rejected petitions seeking a review of its order last month.
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from Gadgets Now https://ift.tt/2vtGci6
Nvidia forecast tops expectations on cloud sales despite coronavirus hit
Nvidia Corp on Thursday forecast first-quarter revenue that topped Wall Street expectations, powered by sales of its chips to cloud computing vendors, even as it projected a $100 million hit from the coronavirus outbreak.
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Zuckerberg accepts Facebook may have to pay more tax in different places: Report
Facebook Chief Executive Mark Zuckerberg accepts that global tax reforms mean the social networking giant may have to pay more taxes in different countries, Politico reported, citing excerpts of a speech he is due to give on Saturday.
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Foxconn denies report of China plant resumption
iPhone maker Foxconn has rejected reports that suggested it was mulling to reopen significant portion of its Chinese production force this month even as China continues to reel under the outbreak of the deadly coronavirus.
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from Gadgets Now https://ift.tt/2vvYAXC
Storylines with evocative details can cut VR cybersickness: Researchers
Storylines that provide context and emotionally evocative details can help users feel immersed in virtual reality (VR) experiences and can reduce feelings of nausea, disorientation and eye strain, especially for those with little experience of playing video games, new research has found.
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from Gadgets Now https://ift.tt/2HpHSfb
Thursday, February 13, 2020
Huawei to suffer as coronavirus hammers China phone sales: Counterpoint
Huawei Technologies Co Ltd will be among the worst hit from a collapse in Chinese smartphone sales in the first quarter due to the coronavirus outbreak, industry researchers Counterpoint said earlier this week, slashing estimates for the world's biggest market.
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How to play YouTube videos on loop
Playing a YouTube video on a loop in the browser is just a matter of just a few clicks, but it is a little complicated on the mobile app, but it is certainly possible. So, let’s see how to do it in our step-by-step guide.
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from Gadgets Now https://ift.tt/38qMops
Coronavirus outbreak in China disrupting global tech sector: Report
The coronavirus outbreak in China is disrupting the global technology sector as operations in the world's largest tech manufacturing hub are threatened, S&P Global Ratings said on Thursday. Until Tuesday, the virus outbreak has claimed 1,115 lives while the confirmed cases of infection jumped to 48,206, in China.
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This is the latest update on Google's fight against EU antitrust case
Google's battle against a $2.6 billion EU antitrust fine was dealt an apparent setback on Thursday, when one of the judges hearing the case said the company had committed a "clear infraction" in its handling of price-comparison shopping services.
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from Gadgets Now https://ift.tt/2vwzoju
Wednesday, February 12, 2020
This CCI order is good news for India's telecom companies
The complainant alleged that the Indian telecom operators together decided to charge standard rate of 0.0053 USD for inbound calls terminating on their network in India, instead of the rates fixed by Trai. The order came on a complaint filed by Canada-based Teleclub (Alberta Ltd), which is an international telecom carrier.
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Mobile World Congress in Barcelona called off over coronavirus fears
The Mobile World Congress (MWC), the annual telecoms industry gathering that draws more than 100,000 visitors to Barcelona, was cancelled on Wednesday after a mass exodus by exhibitors due to fears over the coronavirus outbreak.
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Trai urges government to bring out detailed policy framework for digital radio broadcasting
Trai on Wednesday urged the government to come out with a detailed policy framework for digital radio broadcasting, an area where the regulator had already given its recommendations, and said it is willing to offer further policy inputs on the issue, if needed.
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WhatsApp now has 2 billion users globally
Over 25 per cent of the world's population -- or two billion people globally -- now uses WhatsApp. In February 2018, Facebook CEO Mark Zuckerberg had said WhatsApp had 1.5 billion monthly active users (MAUs) who are exchanging nearly 60 billion messages on a single day.
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Nasscom pegs FY20 revenue growth at 7.7% at $191 billion for IT sector
Addressing the media at the annual Nasscom leadership forum here on Wednesday, Nasscom Chairman Keshav Murugesh said "revenue of the software and business process management industry will clip at 7.7 per cent to USD 191 billion".
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SpaceX hires ex-NASA expert, prepares to launch astronauts
Ahead of its launch of astronauts to the International Space Station (ISS) aboard its Crew Dragon capsule which is tentatively scheduled for May 7, the Elon Musk-led SpaceX has hired a top former human spaceflight expert, the media reported.
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Trai defends spectrum pricing; says up to companies to decide if they want to buy
Trai's views assume significance as Bharti Airtel, earlier this month, made it clear that it will not buy 5G spectrum in the upcoming auction if its base price is fixed at Rs 492 crore per megahertz as recommended by the telecom regulator. Trai chairman RS Sharma said that it is up to the cos to participate in the auction.
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Mobile World Congress may get cancelled, GSMA to discuss issue
Telecoms lobby GSMA will hold a board meeting on Friday to discuss the possible cancellation of the Mobile World Congress (MWC) in Barcelona after several big-name withdrawals because of the coronavirus outbreak, an industry source said on Tuesday.
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Tuesday, February 11, 2020
Personal data of 6.5 million Israeli voters leaked
In a massive breach, an election app named Elector in use by Israeli Prime Minister Benjamin Netanyahu's Likud party exposed sensitive personal data -- including identity card numbers, full names and addresses of the country's entire national voting registration of about 6.5 million citizens.
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China's Q1 smartphone sales may halve due to coronavirus, say analysts
China's smartphone sales may plunge by as much as 50% in the first quarter, as many retail shops have closed for an extended period and production has yet to fully resume due to the fast spread of a new coronavirus, according to research reports.
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from Gadgets Now https://ift.tt/39CuKzx
Uber sets up over 100-people Uber Money team in Hyderabad
The Uber Money team will focus on implementing new payment methods, enabling and building financial compliance tools, leveraging smart routing technologies for payment gateways and applying Uber Artificial Intelligence models for intelligent risk decisions, the statement said.
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from Gadgets Now https://ift.tt/2OKQHUT
Monday, February 10, 2020
Amazon wants Donald Trump to be questioned over this $10 billion contract
Amazon Web Services said on Monday it was seeking to depose President Donald Trump and Defense Secretary Mark Esper in its lawsuit over whether the president was trying "to screw Amazon" when the Pentagon awarded a contract for cloud computing to rival Microsoft Corp.
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Amazon slams CCI probe, says could cause damage to its reputation
Amazon.com Inc has begun legal action in India to quash an antitrust investigation against the company, saying it could cause "irreparable" loss and damage to its reputation, according to its court filing seen by Reuters.
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Engaging closely with academia, civil society to enrich platform: TikTok
TikTok, which is owned by Chinese firm ByteDance, said it is also harnessing the power of artificial intelligence to show relevant content to the users. TikTok, which has 200 million users in India is extremely popular among youngsters in India. However, it has had its share of troubles in the Indian market.
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from Gadgets Now https://ift.tt/2H9WL55
SoftBank-owned Arm to launch new AI chip for small devices
Arm Ltd, a semiconductor technology firm owned by SoftBank Group, unveiled a chip technology aimed at putting artificial intelligence functions on tiny devices such as sensors designed to detect patterns in human speech or other streams of data.
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from Gadgets Now https://ift.tt/2upCkyw
Offices of Japan's Rakuten raided by anti-monopoly officials
Japanese antitrust officials raided the offices of e-commerce company Rakuten Inc on Monday after complaints from online merchants about the company's free shipping policies, prompting its shares to briefly fall by as much as 3%.
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Xiaomi drops another hint about the launch of a new product category
Indian smartphone market leader Xiaomi is expected expand its Redmi smartphone lineup in India tomorrow along with making an entry into a new segment. As part of its usual exercise, Xiaomi has been dropping numerous hints about the products that are expected to be launched tomorrow.
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China's Q1 smartphone sales may halve due to coronavirus: Analysts
The virus outbreak, which has killed more than 900 people and roiled China's manufacturing industry, comes as top smartphone vendors such as Huawei had hoped China's 5G rollout plans this year would help the world's biggest smartphone market rebound after years of falling sales.
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China to France: Don't discriminate against Huawei on 5G
The Chinese embassy in Paris on Sunday urged the French government not to discriminate against Huawei as it selects suppliers for its 5G mobile network, saying it feared the company would face more constraints than rivals.
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Taiwan's Foxconn gets approval to restart plant in Zhengzhou, China: Source
Taiwan's Foxconn has received approval to resume production at a plant in the northern Chinese city of Zhengzhou that had been shuttered due to a coronavirus outbreak, a person with direct knowledge of the matter told Reuters on Monday.
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Sunday, February 9, 2020
How to use Apple iCloud on Android smartphones
On paper, it is practically impossible to get an iCloud app for Android smartphones. But, there’s a workaround that allows Android smartphone users to take advantage of several iCloud services. Wondering how? Follow our step-by-step guide.
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Amazon pulls out of Mobile World Congress conference over coronavirus
Amazon.com Inc has pulled out of this month's Mobile World Congress because of the coronavirus outbreak, in another blow to one of the telecom industry's biggest gatherings which attracts over 100,000 visitors to Barcelona.
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Saturday, February 8, 2020
Friday, February 7, 2020
Tech giants seek Hong Kong alternative after US blocks undersea cable: Report
U.S. Department of Justice had signaled staunch opposition to the project because of concerns over its Chinese investor, Dr. Peng Telecom & Media Group Co, and the direct link that the cable would provide to Hong Kong, the Wall Street Journal had reported in August.
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White House dismisses idea of US buying Nokia, Ericsson to challenge Huawei
U.S. Vice President Mike Pence on Friday and the top White House economic adviser dismissed an unusual suggestion from U.S. Attorney General William Barr that the United States consider taking control of two major foreign rivals of China-based Huawei Technologies Co Ltd.
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Indian-led team develops software to reduce space taken by smartphone apps
A team led by an Indian-origin scientist Saurabh Bagchi, a professor at Purdue University and an IIT, Kharagpur alumni has developed a new 'streaming' software that can reduce the space taken up by apps on a smartphone by at least 85 per cent. The software, Appstreamer seamlessly shuffles data between an app and a cloud server without stalling the game.
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Fearing Huawei curbs, Deutsche Telekom tells Nokia to shape up
Deutsche Telekom has told supplier Nokia it must improve its products and service to win business installing the German group's 5G wireless networks in Europe, according to internal documents and a source with direct knowledge of the matter.
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Ericsson pulls out of MWC 2020 over coronavirus outbreak
Swedish telecom gear maker Ericsson on Friday pulled out of international industry event GSMA Mobile World Congress Barcelona 2020 due to outbreak of novel coronavirus across several countries and continued spreading of the infection.
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Facebook most affected brand for phishing attempts: Report
Cybercriminals imitated Facebook the most for phishing attempts in their attempts to steal individuals' personal information or payment credentials during October-December period which is the busiest online shopping periods of the year, a new report said on Friday.
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Verizon appoints Robert Le Busque as Asia-Pacific MD
US carrier Verizon on Friday announced appointing Robert Le Busque as Managing Director for the company's Asia-Pacific (APAC) region. He will be taking on the overall responsibility for the company's global enterprise business and particularly for supporting the company's fast-expanding enterprise customer base.
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Thursday, February 6, 2020
Merger process major challenge for PSBs in near future: SBI chief
Kumar said banks that are in the middle of the merger process need to be careful on information technology integration. "One of the challenges before public sector banks in the near future is the merger of the bank...IT merger needs to be handled very carefully," Kumar said at an event organised by Indian Banks' Association.
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This is Airtel's condition to buy 5G spectrum
The company has stressed balance sheet reeling under debt of Rs 1.14 lakh crore with liability to clear statutory dues of around 35,500 crore, following a Supreme Court order in October 2019 that upheld the government's stand on calculating levies over telecom licences.
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In digital India, cash is king, admits Paytm founder
"While cashless economy is not possible in India, less cash economy will be in the future. Less cash is the only solution, not the elimination of cash," Sharma told IANS in an interview after unveiling an all-in-one payment gateway.
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Wednesday, February 5, 2020
More than 100 organisations urge Facebook to halt encryption
More than 100 organisations, led by the UK-based The National Society for the Prevention of Cruelty to Children (NSPCC), have signed an open letter urging Facebook to address concerns about child safety on its various platforms.
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Huawei takes legal action against Verizon, here's why
The telecommunications equipment maker is seeking compensation for the use of its technology in areas such as computer networking, download security and video communications, and is also seeking ongoing royalty payments, showed documents filed with the Eastern and Western District courts in Texas.
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Qualcomm says China virus threatens phone industry disruption
The comments by Qualcomm, the world's biggest supplier of "modem" chips that connect mobile phones and other devices to wireless data networks, dragged down chip stock shares despite signs that an industry downturn was ending.
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IIT-H researchers find 'new molecule' to treat ALS
Indian Institute of Technology Hyderabad (IIT-H) said its researchers have found a molecule called 'AIM4' that shows promise in the treatment of a rare and debilitating neurodegenerative disease called 'Amyotrophic Lateral Sclerosis'(ALS).
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Sebi plans 'regulatory sandbox' to allow live testing of new products, services on select customers
With an aim to facilitate use of latest fintech innovations in capital markets, regulator Sebi is planning to allow live testing of new products, services and business models for selected customers by providing various relaxations and exemptions.
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This Indian-American billionaire’s parents were small farmers in Himachal
Among rags to riches stories, it will be tough to beat that of Jay Chaudhry. He was born and raised in a tiny village in the foot of the Himalayas, on the border of Punjab and Himachal. About 30 km from the Bhakra Nangal dam. His parents were small farmers.
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Government to Facebook and Twitter users: No plans to link your profiles with Aadhaar
Electronics and Information Technology Minister Ravi Shankar Prasad also said that pornography, particularly child pornography, is a "serious menace" and measures are being taken to curb it. According to him, the government has taken several steps to keep a check on the spread of fake news, pornographic and anti-national content via social media platforms.
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Foxconn sees full China production resuming late-February : Source
Taiwan's Foxconn aims to "gradually" restart factories in China next week but it could take at least one to two weeks from then to resume full production due to the coronavirus outbreak, a person with direct knowledge of the matter said.
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Tuesday, February 4, 2020
Britain to ban new petrol, diesel and hybrid cars from 2035
Britain will ban the sale of new petrol, diesel and hybrid cars from 2035, five years earlier than planned, in an attempt to reduce air pollution that could herald the end of over a century of reliance on the internal combustion engine.
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Sony raises outlook on strong sensor demand, warns of virus risks on supply chain
Demand for image sensors has been strong enough that even with its plants operating at full capacity Sony has been unable to pile up planned inventories, Chief Financial Officer Hiroki Totoki said at an earnings briefing.
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Monday, February 3, 2020
HCL Technologies to establish global delivery centre in Colombo
HCL Technologies said it has entered into a pact with Sri Lanka's Board of Investment for setting up of a global delivery Centre in Colombo. Marking its presence within the region, HCL Technologies (HCL) aims at boosting employment, providing resources and skilling the local talent to serve its global clients, the company said in a regulatory filing.
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Huawei India tells its Chinese employees to stay back home
Six Huawei India employees, all Indians, underwent tests for coronavirus at the Rajiv Gandhi Institute of Chest Diseases in Bengaluru in the last one week. The Huawei spokesperson confirmed that none of the company's employees in India tested positive for coronavirus.
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LG deploys service robot at restaurant: Report
LG Electronics has deployed a service robot that carries food to tables at a restaurant here. Named "Cloi ServeBot", the service robot can carry and deliver up to four food trays to customers autonomously while avoiding obstacles.
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Payments firm Worldline to buy rival Ingenico for $8.7 billion
Payments company Worldline agreed on Monday to buy French rival Ingenico in a 7.8 billion euros ($8.7 billion) deal to create a new European leader in the sector and fend off cut-throat competition from internet and telecoms companies.
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Huawei, other Chinese firms keep operations running despite coronavirus outbreak
Some technology firms in China have maintained operations to manufacture parts and products despite government calls in various cities and provinces for companies to halt work to help stop the spread of a new coronavirus.
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Sunday, February 2, 2020
Saturday, February 1, 2020
Takeaway buys Just Eat for $7.8 billion, must wait to merge operations
Dutch online food ordering company Takeaway.com on Friday declared its $7.8 billion takeover of British peer Just Eat unconditional, though the two companies still need a competition authority's approval before merging operations.
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Government wants to ensure your next smartphone is 'made in India'
The government on Saturday said it will introduce a new scheme to encourage domestic manufacturing of mobile phones, electronic equipment and semiconductor packaging in order to make India a part of the global manufacturing chain and boost employment opportunities.
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Amazon holiday quarter delivers, threatens profit squeeze for UPS and FedEx
Amazon.com Inc's rapid expansion of one-day shipping delivered a strong holiday quarter and showed the rising ambition of the company, which in six years has created a network that handles nearly as many packages as FedEx Corp.
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