Unified Payments Interface, the instant inter-bank fund transfer mechanism has clocked 674 million transactions in the month of February, as per latest data released by the National Payments Corporation of India which runs the payment rails. This is a slight jump of 0.3% against January where the transactions stood at 672 million. February with 28 […]
Archives for March 2019
Viu debuts its video streaming service in South Africa
Viu, the video over-the-top (OTT) player, has officially launched its service in South Africa. The service is already available across 16 countries including Hong Kong, Singapore, Malaysia, India, Indonesia, the Philippines, Thailand, Myanmar and Middle East countries. In South Africa, the app will be available in a ‘freemium’ model offering premium local, regional and original […]
YouTube turns off comments on videos featuring kids
YouTube said on Thursday it will turn off comments on nearly all videos featuring kids, potentially affecting millions of posts on the site, after reports last week that pedophiles were leaving inappropriate comments on innocuous videos of children. The change comes as YouTube grapples with moderating content across its platform as concerns about hate speech, […]
Ola Electric Mobility raises Rs 400 cr from Tiger Global and Matrix Partners India
Ola Electric Mobility, the e-vehicle solutions business of ride hailing major Ola, has raised Rs 400 crore in fresh funding from Matrix Partners India and Tiger Global, among other investors. Notably, this is the first independent round of investment that Ola’s electric mobility unit has raised. The investment in the unit comes after Ola announced […]
Microsoft launches cloud-native security management tool Azure Sentinel
Microsoft has announced a new inbuilt security information and event management (SIEM) tool for its Azure cloud customers, which promises to use AI to slash the number of alerts that security teams need to respond to. The new tool, dubbed ‘Azure Sentinel’, will help infosec professionals monitor and defend their cloud environments by collating all […]
Workplace by Facebook hits two million paid users
Facebook has revealed its paid Workplace enterprise communications platform is now being used by two million people worldwide, a little over two years after its launch. The social network said more than 150 large companies (with more than 10,000 employees) have signed up to its corporate collaboration tool, offering workers a centralised place to communicate […]
Reckitt Benckiser goes digital for premium products
Reckitt Benckiser has started its own direct-to-consumer e-commerce operation to sell some of its premium products in the country through brand-specific platforms, joining a select set of firms with own sales portals, such as Mondelez and ITC. An email query sent to RB India’s spokesperson remained unanswered till the time of going to press. RB […]
Fresh funding interest from VCs buoys Paper Boat
A clutch of venture capital investors including A91 Partners, NewQuest Capital Partners and TR Capital are in separate talks to acquire a minority stake in Hector Beverages, owner of ethnic drinks brand Paper Boat, two people aware of the development said. In this round, Paper Boat plans to raise about $25-30 million at a valuation […]
Grab is expanding India engineering team in its search for a super app
Southeast Asia’s largest ride-hailing app Grab is expanding the scope of its India engineering team to include geomapping and data science as the Singapore-based tech firm looks to offer a super app to its customers in the region, officials said. Grab’s Bengaluru unit, one out its seven engineering and research & development centres, has so […]
Govt tells social media firms not to allow platforms to incite public order
The government asked social media companies to ensure that their platforms are not misused by elements against the country after it told Google and its video platform YouTube to remove video links that pertained to Wing Commander Abhinandan Varthaman. Google complied immediately with the government directive, said Union Minister for Electronics and Information Technology Ravi […]