Jio-Facebook’s platform approach can unlock India’s digital ecosystem and address a large market that may potentially be $2 trillion (around Rs 151 lakh crore) by 2025, across commerce, payments and content, Bernstein said in a report. Customer behaviour will see permanent shifts to higher digital adoption in e-commerce/online grocery, digital payments and digital content from […]
Archives for June 2020
AICPA issues guidance on accounting for forgivable PPP loans
A nongovernmental entity may account for a Paycheck Protection Program (PPP) loan as a financial liability in accordance with FASB ASC Topic 470, Debt, or under other models, if certain conditions are met, according to new guidance for borrowers issued Wednesday by the AICPA. The AICPA worked with many of its volunteer members, and also […]
Karnataka bans online education for children up to Class V
Karnataka on Wednesday announced a ban on online education by schools from pre-nursery to fifth grade responding to opinions shared by child psychiatrists, and educational experts. The decision applies to all schools within Karnataka regardless of their affiliation to central or state boards, Education Minister S Suresh Kumar announced. As for permitting online education from […]
Encryption Utility Firm Accused of Bundling Malware Functions in Product
The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.
ETtech Top 5: VCs back seed-stage startups, card EMIs surge, thrifty consumers & more
Happy Wednesday! The uncertainty wrought by the Covid-19 pandemic has turned venture capital investors picky about their future bets. VC firms, which invest across stages, are now increasingly focusing on very early-stage companies, more so in specific sectors such as health-tech, Software as a Service and edtech, as they believe these areas will largely remain […]
IoT and home automation: What does the future hold?
Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020. This shouldn’t be surprising when you consider the convenience and ease that smart home devices offer. Since […]
Azure Machine Learning—what’s new from Build 2020
Machine learning (ML) is gaining momentum across a number of industries and scenarios as enterprises look to drive innovation, increase efficiency, and reduce costs. Microsoft Azure Machine Learning empowers developers and data scientists with enterprise-grade capabilities to accelerate the ML lifecycle. At Microsoft Build 2020, we announced several advances to Azure Machine Learning across the […]
IT Careers: Planning Your Future When the Future Is Uncertain
Increasing levels of economic uncertainty and fast-paced technology change mean IT professionals should look at their career paths differently. Image: 1STunningART – stock.adobe.com Specialized IT careers are becoming fewer and more far between because technology is changing so rapidly. While technology innovation created the need for specialists in the first place, faster technology obsolescence means […]
Azure Files enhances data protection capabilities
Protecting your production data is critical for any business. That’s why Azure Files has a multi-layered approach to ensuring your data is highly available, backed up, and recoverable. Whether it’s a ransomware attack, a datacenter outage, or a file share that was accidentally deleted, we want to make sure you can get everything backed up […]
SoftBank to expand Vision Fund cuts to as many as 80 workers
By Pavel Alpeyev and Takahiko Hyuga SoftBank Group’s Vision Fund is preparing to cut staff by about 15% after reporting record losses for the last fiscal year, according to people familiar with the matter. Rajeev Misra, head of the London-based Vision Fund, expanded the number of planned cuts in recent days to as many as […]