Speaking at IAMAI’s 14th India Digital Summit, Amazon India head Amit Agarwal talked about various factors that are helping India achieve the $5 trillion economy. His address veered to many topics from digital literacy, to the growth of Artificial Intelligence in the country. He lauded the ‘Bharat Bhasha’ project that IAMAI is working on, which […]
Archives for 2020
Ecomm predatory pricing complaints being examined: Piyush Goyal
Commerce and industry minister Piyush Goyal on Wednesday said the government is examining representations regarding allegations about some ecommerce companies engaging in predatory pricing and excessive discounts. “Representations have been received in this department (DPIIT) alleging that some ecommerce platforms are engaged in predatory pricing and are providing excessive discounts….These representations are under examination,” Goyal […]
Tata Cliq turns direct seller too
Tatas have started direct selling to consumers through Tata Cliq in the ecommerce marketplace, converting it into an entity which will become a seller holding inventory, and not just a marketplace. The group has also invested over ₹300 crore into this entity — its highest ever — to support this expansion of role, two industry […]
India’s eHealth market to touch $16 billion over the next five years
India’s eHealth market, led by the online pharmacy category, is pegged to touch $16 billion over the next five years, from its current market size of $1.2 billion, according to market watcher RedSeer Consulting. The growth will be driven by a massive influx of customers availing of online healthcare services, according to the report titled […]
Twitter to start labeling fake news
Twitter, a microblogging site, will start labeling, and in some cases removing, doctored or manipulated media that users share on its platform starting next month. Twitter will label the video or photo so users know it has been doctored. However, in other cases, when the content might “impact public safety or cause serious harm,” Twitter […]
New threats to CPA licensing posed in 2020 legislative year
The beginning of the 2020 legislative year for state lawmakers across the country comes with new threats to the future of CPA licensure. Legislative challenges to professional licensing standards remain a threat to CPAs and other professionals as groups such as the American Legislative Exchange Council and Americans for Prosperity advocate for anti-licensing legislation in […]
New GASB standard addresses lease accounting, OPEB, other issues
Issues for state and local governments related to lease accounting, other post-employment benefits (OPEB), and other topics were addressed Wednesday in an omnibus standard issued by GASB. The new standard, GASB Statement No. 92, Omnibus 2020, addresses various issues that include: Modifying the effective date of Statement No. 87, Leases, as well as associated implementation […]
Report: Smart bulbs have a major security problem
Many Philips Hue smart light bulbs have a firmware flaw that leads hackers into an entire network, Check Point Research found. Your internet-connected light bulbs may be doing more than illuminating your home: They could also be serving as an open invitation to hackers. Security firm Check Point Research has released its findings that many […]
Why do IoT projects fail?
There was a time when the fact that large IT projects went way over budget and were delivered well past the delivery date wasn’t particularly unusual; it was almost par for the course. So why should the Internet of Things (IoT), which encompasses computing and communications technologies be any different, asks freelance technology writer, Bob […]
Vertical AI is the New Black
The reality of AI adoption is out of sync with the hype that AI has generated. However, where artificial intelligence is prepared to prove itself is in vertical market applications. A recent article in the Financial Times argued — fairly — that despite the billions of dollars poured into “AI” companies, investors have, on the […]