From ride-hailing apps to communal office spaces, the sharing economy is a global phenomenon that is expected to generate annual revenues of $335 billion by 2025, according to PricewaterhouseCoopers. In India, the boom has fuelled the rise of furniture and appliance-renting businesses such as Furlenco, RentoMojo and GrabOnRent -- and even jewellery rental apps -- in recent years.
In the enterprise segment, desktop still enjoys a respectable 38% share, from 73% in 2010.
For long, India has been the destination for low-cost outsourced software and support services, but it’s not enough to be able to do cheaper work. It’s important to be able to build something new and contribute to India’s digital revolution. Even with economic uncertainties, India has the absolute capability of emerging as a technology super power.
Industry executives said these companies such as Samsung, Xiaomi, Oppo, Vivo, Realme, Motorola and Haier now control the largest chunk of the Indian market in certain categories such as smartphones, televisions and home appliances.
Tech workers finding ways to wean themselves off the internet, with a deliberate and phased fasting. Mental health professionals are urging people to put their phones aside during particular times of the day or on the weekends. Clinical psychologist Manoj Kumar Sharma said internet fasting is a conscious decision to turn off and tune out.
The government had previously denounced the report that police had arrested a government whistle-blower and taken down information that exposed a plot to turn the affluent city into a Christian state. Singapore introduced its controversial fake news law as it prepares to hold general elections by April 2021.
As per Xiaomi Technology India’s latest regulatory filings with the Registrar of Companies (RoC), the company’s total revenue in 2018-19 grew by 54% to Rs 35,426.92 crore as compared to Rs 23,061.11 crore it had clocked in FY18.
As per latest regulatory filings made to RoC, the South Korean technology giant’s India revenue grew by 19.7% in FY19 at Rs 73,085.9 crore as compared to Rs 61,065.6 crore it had clocked in FY18. In the flagship mobile phone business, Samsung India revenue increased by 15.4% at Rs 43,087.9 crore in FY19 as compared to Rs 37,349.7 crore in FY18.
A survey by digital payments company PayPal and market research firm Ipsos has found that adoption of social commerce in India is at a higher scale than the rest of the world. Digitisation has led to innovative use of online transactions which is why 62% of businesses in India accept online payments compared to 55% global average.
Google had warned at least 500 Indians about "government-backed" phishing attacks against them between July and September this year, the technology giant said in a blog. No names were given. Google said in the blogpost that over 12,000 warnings were sent out to users across 149 countries. The post did not specify whether the users were being targeted by their own governments or others.
The contract manufacturer is expanding into Tamil Nadu even as it runs operations in Andhra Pradesh; 20,000 jobs likely to be created
The Indian Computer Emergency Team (CERT-In) "has clearly said that we want to audit your (WhatsApp) entire system... we have told them that we want to conduct an audit and inspection of WhatsApp's security systems and processes," Prasad said in reply to a short duration discussion in Rajya Sabha over the spying controversy.
"This is an all-cash transaction of Rs 40 crore, subject to adjustments. In addition, the proceeds from working capital will accrue to HGS. The transaction, subject to approvals, is expected to close by January 31 next year," said the company in a press release.
Participants said that while the draft bill addressed matters of ‘consent’ and ‘explicit consent’ for different categories of data, it lacked clarity on what would qualify as consent and explicit consent. The differentiation was required by them to frame necessary compliance measures, they said.
Browser push notifications were introduced several years ago as a useful tool that kept readers informed with regular updates, but today they are often used to bombard website visitors with unsolicited adverts or even encourage them to download malicious software, Kaspersky said.
Although the social media analytics unit was later disbanded, MIB worked closely with the Election Commission and social media companies during the Lok Sabha polls this year to find and remove posts spreading fake news.
Tata Communications said it has entered into an agreement with Kacific Broadband Satellites Group to provide terrestrial connectivity services as it readies for the launch of its first satellite Kacific1. Kacific chose to enter into this arrangement with Tata Communications because of the scale of the company's global network and security expertise.
India IT and business services market may grow 6.9% annually to $13.3 billion by Dec this year: IDC
Currently the global software product market is valued at USD 438 billion and India's share in this is miniscule as the country continues to be a net importer of software products.
Based out of Bengaluru, Kambhatla will lead Adobe's research initiatives in the region, including artificial intelligence, natural language processing, machine learning, big-data analytics and insight, and content intelligence technologies. He will report to Adobe Research Vice President. Before joining Adobe, Kambhatla was the VP of Enterprise AI at Symphony AI.
Google has said in a post that its Threat Analysis Group sent more than 12,000 warnings to users in 149 countries from July to September 2019 that they were targeted by government-backed attackers.
The government has proposed to amend the Information Technology (Intermediaries Guidelines) Rules, 2011 of the IT Act, 2000.
As part of its ongoing efforts to promote hiring across the industry and ensuring there is a well-equipped and industry ready workforce, Nasscom would showcase the conduct of Assessments and Certification on Qualification Packs and National Occupational Standards, said the industry body in a press release.
In a response to a question in the Lok Sabha, Sanjay Dhotre, minister of state for electronics and IT (MeitY), said that "Blockchain Technology as one of the important research areas having application potential in different domains such as Governance, Banking and Finance, Cyber Security and so on."
The report flag this crucial group the most complacent when it comes to security. India Digital Wellness Report by NortonLifeLock also shows millennials are topping the charts when it comes to online transactions.
In its advisory, the agency said One-Plus clarified that no payment card, bank account detail or password was breached and has stated that all affected users have been notified by email. OnePlus, however, on Monday said it was working with authorities to further investigate the system breach.
While India has appealed against the ruling before WTO’s Appellate Body last week, MEIS is set to be replaced with Remission of Duties or Taxes on Export Products (RoDTEP) from January 1, 2020, as announced by the finance ministry last month.
Documents filed with the Registrar of Companies (RoC) show WhatsApp, which is currently awaiting approvals from regulatory authorities for its payments service, reported revenues of Rs 6.84 crore for fiscal 2019 and a profit of Rs 57 lakh for the financial year under review.
Last week, Finnish company Salcomp, acquired by Chinese firm Lingyi iTech, sealed a deal to buy the one million sq ft Nokia factory inside the SEZ. Salcomp had also recently purchased the 300,000 sq ft unit of Lite-on Mobile factory inside the special economic zone. Salcomp India managing director Sasikumar Gendham said most companies are adopting a “China Plus One” strategy.
44% of them encountering a data breach before and 25% failing to perform any breach assessment in the last 12 months, according to a CIO survey by Forcepoint and Frost & Sullivan.
Around 80% of people with an Aadhaar card also believe the unique identity has made government subsidies, such as rations and pensions, more reliable, a Dalberg report, funded by the Omidyar Network India, said. The report sought to understand the usefulness of Aadhaar since the government’s national household data has been sketchy on its usage.
“OnePlus has notified impacted users that we have discovered some of their order information was accessed by an unauthorised party. We took immediate steps to stop the intruder and reinforce security. Before making this public, we informed our impacted users by email,” the company said.
iPhone maker Foxconn said that it may look at extending its manufacturing capabilities to make more ecosystem devices in India for domestic and global needs and is currently awaiting clarity from the government on the Remission of Duties or Taxes on Export Products (RoDTEP) scheme, which will allow the company to drive ‘mobile plus’ capacity.
The company said the proposed manufacturing facility will cater to the growing need for GPS trackers in sand and mineral mining. Its chief executive officer Konark Chukkapally said the Andhra government has made it mandatory for all the vehicles involved in the transportation of sand to have GPS trackers.
IT Minister Ravi Shankar Prasad said that Salcomp, the world's largest manufacturer and a major supplier of chargers to Apple for iPhone, has reached agreement to take over closed facility of Nokia in a SEZ near Chennai. Salcomp will revive the unit, which was closed for nearly 10 years, and the facility will become operational from March 2020.
The Finnish company which is one of the leading suppliers to Apple, will begin next financial year. It will invest Rs 2,000 crore over the next five years. "Salcomp , the world's largest manufacturer and supplier of Apple has taken over the entire Nokia facility, it is going to start from March 2020," telecom and IT minister Ravi Shankar Prasad said.
These include systems that are used in banks and govt. It is unclear if these systems are being upgraded.
The $11 billion company has increased its headcount to 60 from 20 people a year ago and would continue to invest in its local operations, Matt Horner, SVP, Global Enterprise Sales, WWT said. The new centre will provide application development and testing services to other companies.
Customers at Chaayos took to social media during the last week to complain about the camera technology they said captured images of them without their consent, with no information on what the data would be used for, and no option to opt out.
Cognizant's decision to move out of the business, which focuses on determining whether content violated client standards, is in line with Cognizant’s strategy towards becoming a more cost-efficient and digital-driven company. Genpact, meanwhile, had sounded upbeat about the business.
For internet companies like Google, finding the tools to spot deepfakes has gained urgency. If someone wants to spread a fake video far and wide, Google’s YouTube or Facebook’s social media platforms would be great places to do it.
Salcomp is expected to begin operations at the plant by March next year, and ramp up exports from there to about $2 billion by investing $300 million over the next five years, said a person familiar with matter. Once fully functional, the new unit is expected to generate employment for close to 10,000 people, another person said.
The Internet Service Providers Association of India (ISPAI) said the Department of Telecommunications (DoT) has unnecessarily imposed the order on internet service providers, many of which are run by entrepreneurs in smaller cities and towns.
Previously, employees on the bench got more grace time to find projects within their business units or in the larger corporate pool. Employees who are reluctant to relocate to a different city, or move to other functions or domains might end up having to hit the exit button earlier
Bermuda-headquartered Genpact told the US Securities and Exchange Commission on Thursday night that Bain Capital and its co-investors are selling 15.4 million shares.
The data comes from a study by US cyber tech firm CrowdStrike. The firm covered around 300 senior IT decision-makers and IT security professionals from India as part of a survey of 1,900 professionals across countries.
The axe will fall mainly on midlevel employees and those who haven’t picked up relevant skills in sync with changing technology, said recruiters. There are roughly 1.4 million people with about a decade of experience employed in the IT services sector in India. Only some may be regarded as having the potential to acquire new skills.
Under a joint stipulation filed in San Francisco Superior Court this week, Facebook agreed by November 26 to respond to some of the document requests. It also agreed to a schedule to provide additional documents in December and January. FB also faces an investigation by 47 US states and territories over concerns the company engaged in anti-competitive practices.
Held as part of Indiajoy 2019, the premier gaming, media and entertainment event is being hosted in partnership with Green Gold Animation. IGDC hopes to redefine the way gaming is perceived in the region and nurture a community without barriers.from Technology News, Latest Gadget Reviews, Gaming & Tech Videos | Times of India https://ift.tt/o3b1NzK
