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Archives for June 2020

Mastercard, Axis Bank tie up to bring POS machines to smartphones

June 4, 2020 by cbn Leave a Comment

Mastercard, Axis Bank tie up to bring POS machines to smartphones

Representative Image Digital payment giants Mastercard has tied up with Axis Bank and French payment service provider Worldline, to bring the functionality of Point of Sale devices onto Android smartphones of small merchants in India while also providing store owners value added digitisation services. The aim is to expand acceptance infrastructure for contactless card payments […]

Filed Under: Uncategorized

Office Everywhere: Remote Work Going Forward

June 4, 2020 by cbn Leave a Comment

Office Everywhere: Remote Work Going Forward

Almost overnight, companies pivoted to remote work, but long-term viability requires an all-in commitment to digital transformation across technology and culture. Three months ago, the world we lived in was a vastly different place. The idea of full digital transformation was something most chief information officers and business leaders aspired to achieve but at their […]

Filed Under: Uncategorized

PPP forgiveness changes coming as Senate passes House bill

June 4, 2020 by cbn Leave a Comment

PPP forgiveness changes coming as Senate passes House bill

The U.S. Senate passed the House version of Paycheck Protection Program (PPP) legislation Wednesday night, tripling the time allotted for small businesses and other PPP loan recipients to spend the funds and still qualify for forgiveness of the loans. The bill passed in a unanimous voice vote hours after Wisconsin Sen. Ron Johnson initially blocked […]

Filed Under: Accounting

Why 98% of IoT traffic is unencrypted

June 4, 2020 by cbn Leave a Comment

Why 98% of IoT traffic is unencrypted

98 percent of IoT Traffic is unencrypted . When I read that statistic – published by Palo Alto Networks in their Unit 42 2020 Threat report – I should have been shocked, says Mike Nelson,VP of IoT Security at DigiCert. Last year, a Z-Scaler report said something similar: That 91% of IoT traffic was unencrypted. While […]

Filed Under: IOT, SECURITY

Swiggy expands its alcohol delivery service to West Bengal

June 4, 2020 by cbn Leave a Comment

Swiggy expands its alcohol delivery service to West Bengal

Representative image Swiggy has started online processing and home delivery of alcohol through the ‘Wine Shops’ category in West Bengal, days after launching its service in Jharkhand and Odisha. The service went live in Kolkata and Siliguri today after obtaining necessary approvals from the West Bengal government. Prioritizing the safe delivery of alcohol, Swiggy is […]

Filed Under: Uncategorized

Video streaming drives demand for stock footage amid lockdown & shooting constraints

June 4, 2020 by cbn Leave a Comment

Video streaming drives demand for stock footage amid lockdown & shooting constraints

Illustration: Rahul Awasthi Video streaming platforms such as Amazon Prime Video, Netflix, Hotstar and Zee5 are driving demand for stock footage amid shooting constraints due to the nationwide lockdown, companies and industry executives said. Stock footage refers to movie or video snippets that can be re-used in new productions when shooting material is not available […]

Filed Under: Uncategorized

Snapchat curbs Trump for inciting ‘racial violence’

June 4, 2020 by cbn Leave a Comment

Snapchat curbs Trump for inciting ‘racial violence’

Snapchat on Wednesday became the latest social network moving to curb the reach of US President Donald Trump, claiming the president has been inciting “racial violence.” The youth-focused social network said it would no longer promote Trump on its Discover platform for recommended content. “We will not amplify voices who incite racial violence and injustice […]

Filed Under: Uncategorized

Edtech companies on a massive hiring spree as business grows

June 4, 2020 by cbn Leave a Comment

Edtech companies on a massive hiring spree as business grows

The Covid-19 pandemic and the resultant lockdown have provided an unexpected boost to education-technology companies. Many of them are on a hiring spree to manage their fast-growing businesses. There are currently around 12,000 active openings for permanent job roles across levels at leading edtech companies, according to an estimate put together for ET by ManpowerGroup. […]

Filed Under: Uncategorized

Former Defense Secretary Mattis breaks silence and tears into Trump: ‘He tries to divide us’

June 3, 2020 by cbn Leave a Comment

Former Defense Secretary Mattis breaks silence and tears into Trump: ‘He tries to divide us’

US President Donald Trump speaks as Defense Secretary James Mattis (L) looks on during a meeting with senior military leaders in the Cabinet Room of the White House on October 5, 2017. Mandel Ngan | AFP | Getty Images WASHINGTON — Former Secretary of Defense James Mattis ripped into his former boss President Donald Trump in a […]

Filed Under: Bookkeeping

IRS permits remote signatures for plan loan consents

June 3, 2020 by cbn Leave a Comment

IRS permits remote signatures for plan loan consents

To respond to the need for social distancing while permitting taxpayers to take distributions from their retirement plans permitted under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136, the IRS is temporarily permitting remote signatures from plan participants and beneficiaries and spouses. Section 2202(a) of the CARES Act permits certain individuals to […]

Filed Under: Bookkeeping

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