Category:

Technology

China imposes $2.8 bn penalty on Jack Ma’s Alibaba Group in monopoly probe

The company founded by billionaire Jack Ma used its platform rules and technical methods like data and algorithms “to maintain and strengthen its own market power and obtain improper competitive advantage,” the investigation concluded.

Alibaba’s practice of imposing a “pick one from two” choice on merchants “shuts out and restricts competition“ in the domestic online retail market, according to the statement.

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UK launches new watchdog to keep tech giants in check

“Today is a major milestone in the path to creating the world’s most competitive online markets, with consumers, entrepreneurs and content publishers at their heart,” said UK Digital Secretary Oliver Dowden.

“The Digital Markets Unit has launched and I’ve asked it to begin by looking at the relationships between platforms and content providers, and platforms and digital advertisers. This will pave the way for the development of new digital services and lower prices, give consumers more choice and control over their data, and support our news industry, which is vital to freedom of expression and our democratic values,” he said.

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As U.S. cities embrace tech, cyberattacks pose real-world risks

“Digital transformation has a soft underbelly, which is digital risk,” said Grant Geyer, chief product officer of Claroty, an industrial cybersecurity firm headquartered in New York.

“The same connections that enabled new emerging technologies to help the world also provide the perfect venue for cyber criminals and nation-state-sponsored actors to conduct malfeasance, not just in the cyber world but (also) in the physical world,” he said in a phone interview.

That means it is not only private digital information which could be at stake, but also the water people drink, the energy they use and even their lives.

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IEC’s path-breaking Waste-To-Energy Technologies to become a Game-changer in Solid Waste Management Sector

Ineffective waste management affects environmental balance badly. It pollutes the land, water, and air, which ultimately affects human health. Air pollution affects the life span of vehicles and consumer durables. If Waste-To-Energy plants are installed, it will minimize pollution and improves human health by enhancing air quality. It will provide 24X7 renewable power and generate employment too.

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57% of Indian organizations suffered unexpected downtime in 2020 due to data loss, reveals Acronis Survey

While 2020 saw companies purchase new systems to enable and secure remote workers during the COVID-19 pandemic, those investments are not paying off. The global survey discovered that 70% of companies in India now run as many as 10 solutions simultaneously for their data protection and cybersecurity needs, while the remaining 30% run more than 10 solutions – yet 57% of all those organizations suffered unexpected downtime last year because of data loss.

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