If there’s been any doubt about India being the next major target market for tech businesses, Kleiner Perkins partner Mary Meeker’s latest Internet Trends Report should make that clear as day. The report, which spans 355 pages, dedicates 55 pages solely to the state of internet and mobile access in India. The first major takeaway is that the country now ... Read More »
HIGHLIGHTS EU said that social networks have improved in removing hate content EU earlier ordered social sites to delete all objectionable content Germany even threatened to fine EUR 50 million for the same Social media companies like Facebook, Twitter and Google’s YouTube have stepped up both the speed and number of removals of hate speech on their platforms in response ... Read More »
HIGHLIGHTS Microsoft’s Nadella announced that 500 million devices run Windows 10 He made the announcement at ongoing Build 2017 developers conference Microsoft also revealed new AI tools Microsoft chief executive Satya Nadella said Wednesday tech developers have a responsibility to prevent a dystopian “1984” future as the US technology titan unveiled a fresh initiative to bring artificial intelligence into the ... Read More »
HIGHLIGHTS Hackers used malware to steal payment data from Chipotle restaurants Chipotle said it did not know how many customers were affected Stolen data included account numbers and internal verification codes Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc’s restaurants over a span of three weeks, the company said on Friday, adding to ... Read More »
The UK will not pay a 100bn-euro (£84bn) “divorce bill” to leave the EU, Brexit Secretary David Davis has said. He told ITV’s Good Morning Britain the UK would pay what was legally due, in line with its rights and obligations, but “not just what the EU wants”. It comes amid claims by the Financial Times that the settlement sought ... Read More »
Barring Facebook, Messenger, Instagram and other hugely successful names, many apps are actually rarely used or even downloaded by mobile device owners. Yet many businesses spend considerable time and resources creating apps to engage customers. A new study from comScore now says we’re nearing the “Peak App” moment, which suggests businesses should revisit their mobile app strategy. Highlights of the comScore ... Read More »
Asserting that the government is working to expand digital transaction at a great pace despite criticism, Finance Minister Arun Jaitley on Wednesday asked Opposition not to eulogise the virtues of cash as it leads to temptation for shadow economy. “If an economy runs on cash, it is not credit to the country. …Cash gives temptation for shadow and parallel economy. ... Read More »
Paytm Says It’s Confident of Topping Total Card Transactions in India With 8.5 million daily transactions on its platform, Paytm on Thursday exuded confidence that the digital payment company will soon overtake the cumulative transaction volume for cards in the country. The Alibaba-backed company said it has also seen a multi-fold rise in its userbase post demonetisation in November. “… ... Read More »
AT&T’s (NYSE:T) next generation of wireless service just got a little closer to reality after the company announced that its 5G wireless will be rolled out in Austin and Indianapolis by the end of the year. The company says that the new service will offer speeds of 400 megabits per second or higher with network upgrades enabling speeds of up ... Read More »
[Click for large version PDF] Nearly all (98 percent) small businesses use wireless technologies in their operations, a 2013 AT&T small business technology poll says. Details of the poll released recently also reveal how dependent upon wireless technology most small businesses have become. For example, the survey shows two-thirds (about 66 percent) of those businesses would be unable to survive ... Read More »
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