A U.S. judge on Monday rejected a request by Uber Technologies Inc and courier services provider Postmates Inc to block a California labor law from taking effect, saying the bill’s public benefits outweighed the companies’ concerns. U.S. District Judge Dolly Gee in Los Angeles said that while the companies had proven they could suffer a […]
Archives for February 2020
Audi to provide lifestyle services to customers in India
German luxury carmaker Audi is gearing up to become a service provider as well, offering a host of premium lifestyle services to its customers in India, according to a top official of the firm. The company, under its 2025 strategy of focussing on customer centricity besides enhancing product portfolio and sales and service network in […]
Govt clocks Rs 40,000 crore in public procurement transactions through GeM portal
Public procurement worth Rs 40,000 crore has taken place through the government’s online marketplace GeM, Expenditure Secretary T V Somanathan said on Monday. Stressing that the focus of public procurement system is on economy, rigour, fairness and transparency, he said the efficiency of procurement makes a big difference to the fiscal discipline of government. Towards […]
Nearby retail shop as ATM? PhonePe toys with the idea
PhonePe has ventured into the business of digital ATMs with ambitions to operate what could turn out to be the largest fleet of cash withdrawal points across the country. For this, the Walmart-owned financial service provider has geotagged more than half a million merchants with excess cash to help customers convert digital money into cash […]
Think Tank urges SC to stop trial of WhatsApp Pay
Centre for Accountability and Systemic Change (CASC), a think tank that had filed a public interest litigation before the Supreme Court last year against WhatsApp Pay, has sought an immediate rollback of the messaging app’s pilot project. In an interim application filed on Monday, CASC has urged the apex court to stop WhatsApp’s trial with […]
FASB proposes changes to not-for-profits’ reporting of gifts-in-kind
FASB on Monday issued a Proposed Accounting Standards Update (ASU) designed to improve transparency in how not-for-profit organizations present and disclose contributed nonfinancial assets. Also known as gifts-in-kind, contributed nonfinancial assets include fixed assets such as land, buildings, and equipment; the use of fixed assets or utilities; materials and supplies, such as food, clothing, or […]
AI tracks Coronavirus through social media
Awesome, not awesome. #Awesome“… [A]n international team [is] using machine learning to comb through social media posts, news reports, data from official public health channels, and information supplied by doctors for warning signs the virus is taking hold in countries outside of China. The program is looking for social media posts that mention specific symptoms, […]
Docker Registries Expose Hundreds of Orgs to Malware, Data Theft
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Compliance and the California Privacy Act – the Empire Strikes Back
On January 1, 2020, the California Privacy Act came into effect. The long term effectiveness of the law is unclear. First, many companies have not complied with the law. Second, certain situations are exempted from the scope of the law. Finally, the law allows the sale of anonymous data. Recent research has shown that such […]
‘Imagine being trapped in your bathroom’ — what it’s like on coronavirus-quarantined cruise ship
A California passenger aboard the Diamond Princess told CNBC on Monday it “can be a little bit depressing” when thinking about how much longer he and his wife must remain on the quarantined cruise ship: likely nine more days. Matthew Smith, 57, told CNBC’s “Squawk Box” he is “maintaining his confidence” that he and his […]