“Flash floods are not new, but their frequency and intensity are...
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APAC records significant rise in cyber claims driven by rising frequency and sophistication, Aon report
“As cyber threats grow more complex and interconnected, companies...
Earnix and Sapiens partner to unlock operational efficiency for P&C insurers in EMEA and APAC
The solution is tailored for insurers in EMEA and APAC. This...
EV sales to hit 10 lakh mark in India by end of decade: Tata Motors
When asked about the sales targets for Tata Motors in the EV segment, Chandra said: ''We have really said that in the next four to five years we will target 25 per cent penetration and by the end of this decade we would have 50 per cent penetration is what we are...
Apple’s Emergency SOS via satellite saves family caught in wildfires
Firefighters were able to reach the family and safely evacuate them within 30 minutes because of the Emergency SOS via Satellite feature Last month, the Emergency SOS via satellite feature on the iPhone helped to save two tourists who got lost in the mountains of...
FOCUS-ChatGPT fever spreads to US workplace, sounding alarm for some
Companies worldwide are considering how to best make use of ChatGPT, a chatbot programme that uses generative AI to hold conversations with users and answer myriad prompts. Security firms and companies have raised concerns, however, that it could result in...
M&A: Global insurance deals drop sharply in 1H 2023, Clyde & Co
Joyce Chan, Partner at Clyde & Co in Hong Kong, said: “Private equity firms are looking at investing in some of the Asia tech players around the region, at all stages of development, with prospective capital providers fairly evenly split between international PE...
No evidence Facebook use linked to mental health harm, UK study finds
''This is not to say this is evidence that Facebook is good for the wellbeing of users. Rather, the best global data does not support the idea that the expansion of social media has a negative global association with well-being across nations and different...
Zoom, which thrived on the remote work revolution, wants workers back in the office part-time
Zoom, the video conferencing pioneer, is asking employees who live within a 50-mile radius of its offices to work onsite two days a week, a company spokesperson confirmed in an email. Newyork: The company whose name became synonymous with remote work is joining the...
Govt doubles down on safeguarding Indians from rising cyber crimes: MoS IT
Rajeev Chandrasekhar,Minister of State for Electronics and IT “On being notified by the customer, the bank shall credit (shadow reversal) the amount involved in the unauthorised electronic transaction to the customer’s account within 10 working days from the date of...
Meta Platforms seeks to stop privacy breach fine in Norway -court filing
The regulator has said Meta cannot harvest user data in Norway, such as users' physical locations, and use it to target advertising at them, called behavioural advertising, a business model common to Big Tech. Meta Platforms will be fined 1 million crowns ($97,700)...
India’s PB Fintech posts smaller Q1 loss on loan, insurance demand
Yashish Dahiya, co-founder of Policybazaar The company's revenue from operations rose 31.8% to Rs 6.66 billion , with revenue from Policybazaar and Paisabazaar, its core online business, growing 39% to Rs 5.16 billion New Delhi: India's PB Fintech the parent of online...
Digital Personal Data Protection Bill, 2023 passed in Lok Sabha
"Villages and rural areas are getting connected with digital journey. The Bill has been introduced to give rights, provide security and privacy to the people. This Bill has been introduced after having it discussed in a series of Parliamentary committee meetings," he...