Dinesh Kumar Khara,Chairman,State Bank of India This move is...
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Drafting of rules under data protection law in advanced stage; extensive industry consultations soon: Vaishnaw
Ashwini Vaishnaw, Union Minister for for Electronics and IT The...
Trai takes up fraud, pesky call issues in meeting with financial regulators, institutions
The telecom regulator discussed the allocation of 160 series...
Google to pay $11 million to settle age bias employment claims
The case was brought by a woman who claimed she was interviewed by Google four times over seven years and was never offered employment despite her “highly pertinent qualifications and programming experience” because of her age. Cheryl Fillekes accused the company of “a systematic pattern and practice of discriminating” against older people.
Is Fitbit next best wearable player after Apple in India?
“Fitbit continues to shift its focus from predominantly smartband/trackers to smartwatches and has now evolved as the next best player after Apple in terms of experience and scale. The launch of the Versa smartwatch was the turning point for its smartwatch segment growth,” Satyajit Sinha, Research Analyst, IoT and Mobility, Counterpoint Research, told IANS.
India down 3 Places in mobile, broadband speed: Report
“India is one of the geographically largest and most populated country in the world, meaning a well laid out network that is able to handle high volumes of usage is a key in supporting the internet needs of the Indian market. Despite these challenges in India, further advancements in both 4G and 5G network technology will continue to improve network efficiency,” he said.
Digital transaction volumes up 51% in 2018-19 to 3,133.5 crore, says Ravi Shankar Prasad
“While the volume of transactions on BHIM app has increased during the same period, its share as a percent of all transactions on BHIM UPI platform has come down due to overall growth in the digital payment transactions, emergence and growth of new payment service providers like Paytm, PhonePe, Google Tez, etc,” the minister said.
Financial world’s blockchain euphoria gives way to pragmatism as projects stall
The euphoria that surrounded the early days of Wall Street’s interest in blockchain is giving way to pragmatism, as companies realize that it will likely take years before it takes off in a substantial way.
Indo-UK partnership to focus on insurance,fintech, green finance and infrastructure investment
As the most recent budget announced by the new Indian Finance Minister shows, there’s a lot of opportunity for collaboration. Whether it is developments in the insurance sector, raising capital from external markets or infrastructure expertise – the City is well placed to help, he said.
Indian IT managers facing budget crunch for cybersecurity
“Staying on top of where threats are coming from takes dedicated expertise, but IT managers often have a hard time finding the right talent or don’t have a proper security system in place that allows them to respond quickly and efficiently to attacks,” Chester Wisniewski, principal research scientist, Sophos, said in a statement.
A Ford-Volkswagen alliance with Argo could redraw self-driving sector
A Ford-VW collaboration with Argo, the Pittsburgh-based start-up that has spearheaded Ford’s self-driving development since 2017, could help reduce the engineering and financial burdens on each automaker. It could also accelerate the deployment timetables of both, which have said they plan to put autonomous vehicles into operation in 2021.
Health Ministry to use Artificial Intelligence in safe way in public health
Vardhan said few of the initiatives undertaken by the central government to use AI in public health are: Imaging Biobank for Cancer for which the NITI Aayog with Department of Bio-Technology (DBT) aims to build database of cancer related radiology and pathology images of more than 20,000 profiles of cancer patients with focus on major cancers prevalent in India.
Adani’s new ‘big money maker’ plan: Selling data services to Amazon, Google
India’s government is weighing a new law that would require data to be stored locally, and his conglomerate Adani Enterprises Ltd. has said it expects to invest Rs 700 billion ($10.2 billion) to build data parks in a southern state over the next two decades.