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Delhi HC to examine Google’s advertising terms for legal remedies in India
Justice Pratibha M. Singh was hearing a plea filed by Startupwala...
Centre issues advisory against mobile calls impersonating DoT
The DoT also issued advisory about WhatsApp calls from foreign...
B3i founders form blockchain startup
B3i Services AG’s purpose is to provide insurance solutions on a blockchain platform that substantially improves efficiency across the value chain of the re/insurance industry — in some cases up to 30 percent. These innovative solutions benefit both insurance companies and customers through improved speed, transparency, quality, security, and cost.
Facebook User Sues Over Personal Data Release to Cambridge Analytica
Price seeks damages for all U.S. Facebook users whose information was harvested without authorization, and asserts claims of negligence and violations of California unfair competition laws.
Robots can be risky,Allianz
AI-based applications will increase vulnerability of businesses to cyber-attacks and technical failure, leading to larger-scale disruption and loss scenarios
•Companies face liability challenges as responsibility shifts from human to machine and manufacturer. New framework needed to manage rise in AI-generated damages
•Risk management can help maximize the net benefits of AI. Five areas are crucial for identifying threats: software accessibility, safety, accountability, liability and ethics
• Insurance industry is an early adopter of AI applications to automate repetitive processes, boost risk analysis and improve customer interaction
67 per cent Indian businesses hit by ransomware, 38 per cent twice: Sophos
While $13.74 million were spent by three per cent of the organisations worldwide to rectify the impact of ransomware, India’s share remained the highest at $1.17 million, said global cybersecurity leader Sophos
India: By 2025, digital transactions in India could be worth $1 trn a year
“Flexible, scalable and reliable technology will be critical to the future of payments in India as the market continues to experience incredible growth,” said Manish Patel, Vice President, ACI Worldwide.
Porsche could build flying taxis, says sales chief
Porsche would join a raft of companies working on designs for flying cars in anticipation of a shift in the transport market away from conventional cars to self-driving vehicles shared via ride-hailing apps.Volkswagen’s auto designer Italdesign and Airbus (AIR.PA) at last year’s Geneva auto show presented a two-seater flying car, called Pop.Up, designed to avoid gridlock on city roads.
Asia Pacific Employers expect workplace automation to surge in the next 3 years : Willis
Yet the survey revealed very few companies and HR functions are fully prepared to address the organisational change requirements related to automation, nor the opportunities offered by a larger contingent talent pool
Nissan-Renault partnership plans $1 bn fund for auto tech startups
Global automakers are seeking to marry their manufacturing prowess with the nimbleness of startups that are working on electrification, artificial intelligence and autonomous driving — technologies that are transforming the industry
Domestic IT spend to grow 11.6% to Rs 2.33L cr in 2018: Report
“The India IT spend witnessed a lower than expected growth in 2017. This was due to the temporary disruption caused by the structural changes undertaken in the form of demonetisation and GST roll out,” Coeus Age Consulting founder and CEO Kapil Dev Singh said.
The wait for the self-driving future is coming to an end
In just a few years these companies are promising to fill the roads with robo-taxis, driverless delivery vehicles, and sentient shuttles that will transform the way we move, upend industries, and ultimately reduce deaths by car accidents. By 2021 there will be 51,000 autonomous vehicles on roads worldwide, according to a new forecast from IHS Markit, with sales projected to rise to nearly 1 million by 2025 and an estimated 33 million by 2040.