Debasish Panda, chairman, IRDAI Apr 19,2025, is the 25th foundation...
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Finmin for enhanced KYC, due diligence for merchants & banking correspondents to check fraud
During 2023, as many as 11,28,265 cases of financial cyber fraud...
Dearth of mechanics and higher repair costs lead to dip in UK electric car sales
A dearth of mechanics trained to handle the most advanced EV fixes...
Not Amazon, Instagram is likely to dominate the future of online retail
Retailers need to be where their customers are, and increasingly, that’s Instagram, which has 1 billion monthly users. Its fashion following also makes it a place to show off the hottest styles and in-season merchandise. That’s better for margins than selling on a platform where price is the main driver — another knock to Amazon.
ET Cards and Payment Summit to deliberate on “Indian payments sector transformation”
The Economic Times Cards & Payments Summit, to be held on June 6 at Sahara Star ,will unfurl a world of innovation that will transform how everybody transacts.
Artificial Intelligence will double innovations, productivity in India by 2021: Microsoft study
As much as twenty four per cent of respondents chose higher competitiveness as number one driver for implementing AI initiatives.Accelerated innovation (21 per cent), better customer engagement (15 per cent), higher margins (14 per cent) as well as more productive employees (nine per cent) were some of the other drivers.
US engages World’s Regulators on Grounded Boeing 737
Chicago-based Boeing has developed a software fix that won’t allow MCAS to push down a plane’s nose more than once and it will rely on data from two sensors instead of one in an attempt to lower the chances that a single malfunction can trigger it.
EU’s landmark Data Privacy Law, GDPR, already providing Global Standard
The new regulation has forced global companies to reconsider their own rules, inspiring territories from Brazil to China and India to California to develop their own privacy and security regulations based on a de facto GDPR benchmark.
Computerised Eyewear looking for success in Factories and Field
Google has now relaunched its computerized eyewear for commercial use. On Monday, it announced a second version, dubbed Glass Enterprise Edition 2, which can be used to access checklists or instructions, send photos and conduct video calls. Google says the updated glasses, which also use the Qualcomm chip, sport an improved camera, more choice of frames and longer battery life.
U.S. Post Office testing Driverless Trucks between 2 cities
The Postal Service spends more than $4 billion per year on highway trucking services through outside contractors. Those costs have been rising due to a national shortage of drivers. Self-driving trucks could save hundreds of millions by eliminating human drivers and the hours-of-service rules that keep them from driving round the clock.
Ashok Leyland ready to ride on Elon Musk’s India dream
According to Venkatesh Natarajan, Senior Vice President and Chief Digital Officer, Ashok Leyland, the company is open to Musk for a partnership to finally let Indians experience his path-breaking autonomous Tesla electric cars.
Airlines urge Nations’ Regulators to avoid competing Safety Rules
The head of the International Air Transport Association (IATA), representing 290 airlines or more than 80 percent of world traffic, backed the existing process that usually involves one host regulator lead certification for each type of new aircraft, in exchange for reciprocal agreements with other agencies across the world.Airlines want to “avoid each model being certified 1,000 times” but focus instead on a single lead regulator, Alexandre de Juniac told a meeting of aerospace executives in Paris.
Facebook reported agreeing to 20-yr Pact on Privacy Oversight by US Govt
The FTC has been investigating allegations that Facebook inappropriately shared information belonging to 87 million users with the now-defunct British political consulting firm Cambridge Analytica. The probe has focused on whether the sharing of data and other disputes violated the 2011 consent agreement.