The Reserve Bank of India should consider offering licences in the digital payments space ‘on-tap’, rather than giving out only through a specific window, asked the digital payments industry in a presentation made by top industry executives in front of the newly formed Committee on Deepening of Digital Payments. In a closed door meeting with […]
Archives for 2019
U.S. considers withdrawal of zero tariffs for India amid e-comm rules & data localisation row: Sources
India could lose a vital U.S. trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening dispute over its trade and investment policies, people with close knowledge of the matter said. A move to withdraw the Generalised System of Preferences (GSP) from India, the world’s […]
Mumsnet reports data breach to ICO after problematic cloud move
Mumsnet has reported itself to the Information Commissioner’s Office (ICO) after a botched upgrade resulted in users accidentally logging into the accounts of others. The parental forum believes that the breach was caused when moving its services to the cloud on Tuesday afternoon. The problem ran from 2pm Tuesday to 9am Thursday when the changes […]
SD-WAN creates new security challenges
SD-WAN products have been available for the better part of five years. Early adopters of the technology focused primarily on transport-related issues such as replacing or augmenting MPLS with broadband. As any technology matures and moves out of the early adopter phase, the buying criteria changes — and SD-WAN is no different. In 2018, a […]
Netflix, Amazon Prime do not require licence from government: Govt to HC
Online platforms like Netflix, Amazon Prime Video and others are not required to obtain licences from the government to run their programmes, the Central government told the Delhi High Court on Friday. “Online platforms are not required to obtain any licences from the Ministry of Information and Broadcasting and the content on online platforms is […]
Vimeo revenue jumps 54% in 2018, paying subscribers near 1 million
Online video platform Vimeo‘s revenue jumped 54% last year as its subscriber base surpassed 950,000, its parent group IAC said on Thursday. The figures highlight the rising interest in alternate video platforms which are much smaller than market leader YouTube but are growing by serving a niche customer base. Vimeo, founded in 2004, caters largely […]
IBM scores a major cloud win with multi-million dollar deal
IBM and Smart Energy Water have signed an agreement to boost the global energy and water provider’s cloud platform with the addition of IBM’s cloud infrastructure to host its mobile and web apps. US-based Smart Energy Water will host various workloads on IBM’s cloud platform, including its customer and mobile workforce apps, online billing, energy […]
Food delivery platform Postmates makes a confidential IPO filing
Grocery and food delivery platform Postmates said on Thursday it had confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission. Postmates, which has tied up with companies such as Walmart, Starbucks and Chipotle Mexican Grill for delivery services, operates in 2,940 U.S. cities, as well as in Mexico. The San […]
Amazon joins Microsoft’s call to regularise facial recognition technology
Joining Microsoft‘s call to regulate the misuse of facial recognition technology, retail giant Amazon‘s Cloud arm, Amazon Web Services (AWS), has asked lawmakers to formulate some rules around the use of the technology. The announcement came amid increasing scrutiny on the use of facial recognition by researchers, lawmakers and civil liberties groups. “Facial recognition should […]
Netflix brings smart downloads to iOS users
Photo: Elise Amendola Netflix has rolled out its Smart Downloads feature for iOS users, nearly seven months after launching the feature on its Android app. Aimed at making binge watching easier for users, Smart Downloads automatically deletes the downloaded episodes of a television show after the user has finished watching it and downloads the next […]