Chennai-based Cheeni Labs, the company behind Komparify, an online aggregator of mobile, broadband and DTH plans, has acquired mobile recharge plans discovery platform iReff in an all cash deal. The financial details of the acquisition were not disclosed by Komparify. Cheeni Labs intends to run both Komparify and iReff apps independently, and believes that the […]
Archives for January 2019
SoftBank may pick up 42% stake in FirstCry for $400M
SoftBank is set to invest $400 million for an over 40% stake in BrainBees Solutions, which owns and operates omni-channel baby and mother care product retailer FirstCry, according to three people aware of the development. The Tokyo-headquartered investment giant, which has been scouting for fresh investments in Asia’s third-largest economy following its $4-billion exit from […]
Prasar Bharati says live TV services must show DD channels
Prasar Bharati, India’s public service broadcaster, said over-the-top (OTT) service providers carrying live TV channels should mandatorily carry all the Doordarshan channels and the ones offering news should be registered with the ministry of information and broadcasting. Prasar Bharati’s comments were in response to the Telecom Regulatory Authority of India (Trai) consultation paper on the […]
Samara Capital-Amazon’s joint bid to acquire supermarket chain More gets CCI nod
The Competition Commission of India (CCI) has approved the Samara Capital-Amazon joint bid to acquire Aditya Birla Group‘s supermarket chain More. However, the fair trade watchdog has done due diligence of the deal only from the point of impact on competition, and it’s for the Samara-Amazon JV Witzig to ensure that the deal is in […]
Cryptomining Malware Uninstalls Cloud Security Products
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IBM to put Watson Workspace out to pasture over lack of adoption
IBM is killing off its AI-powered collaboration tool Watson Workspace after it failed to “resonate” with clients, according to a leaked memo. Watson Workspace is IBM’s answer to Slack or Microsoft Teams, but with AI capabilities. It provided a platform for shared workspaces, collaborations and even hosted third-party apps. But, despite having only been released […]
Quantum-embedded chips could secure IoT
Microprocessors that are unique to each Internet of Things (IoT) device is the way forward in the ongoing and tricky quest to secure the IoT, says Crypto Quantique. One idea is that by making each chip one of a kind and unclonable, an application would become almost impossible to hack. The U.K.-based startup says it has […]
Hotels in Sikkim boycott GoIbibo and Make My Trip
The on-going dispute between hotels across the country and Online Travel Aggregators (OTAs) – GoIbibo and Make My Trip (Go-MMT) has further escalated with hotels in Sikkim declaring an immediate boycott of Go-MMT. The Sikkim Hotels & Restaurants Association (SHRA) recently convened a hoteliers’ meeting in Gangtok during which it was unanimously agreed to not […]
Facebook brings stricter ads rules to India ahead of general election
Facebook plans to extend some of its political advertising rules and tools for curbing election interference to India, Nigeria, Ukraine and the European Union before significant votes in the next few months, the social networking giant told Reuters. As the largest social media service in nearly every big country, Facebook has become a means for […]
Box launches UK-specific Box Zone with data centres in London and Cardiff
Box has launched an additional data zone for its Box Zones offering, presenting a new zone for the UK with separate data centres in London and Cardiff. Back in 2016, the cloud content management company first announced Box Zones and said that it would feature eight separate locations where users can store data. Box offers […]