The FASB is monitoring and responding to the COVID-19 (coronavirus) pandemic situation and is committed to supporting and assisting its stakeholders during this difficult time. At its meeting on April 8, 2020, the FASB is expected to discuss plans to support stakeholders as they navigate the impact of the pandemic. Discussion will include: Responses to […]
Archives for 2020
Coronavirus hits prisons: Ex-GOP Rep. Chris Collins’ surrender date delayed two months as inmates, guards infected
Former Representative Chris Collins, a Republican from New York, exits a federal court in New York, U.S., on Friday, Jan. 17, 2020. Peter Foley | Bloomberg | Getty Images A federal judge granted a two-month delay for the prison surrender of former GOP Rep. Chris Collins after his lawyers argued he has a high risk […]
Oil soars by most on record after Trump says Saudis and Russians to cut output
NEW YORK (Reuters) – Oil prices soared over 30% – on track for the most in a day on record – following reports U.S. President Donald Trump expects Russian President Putin and the Saudi Crown Prince to announce an oil production cut of 10 million to 15 million barrels. Brent futures rose $8.04, or 33%, […]
How lockdown-hit online retailers are cheering customers up
Illustration: Rahul Awasthi How to keep customers engaged in times of lockdown? Some e-commerce businesses deemed non-essential or with limited items on the essentials list have found several ways of staying in touch. Myntra, Bookmyshow, FirstCry and Nykaa are using informational content, gaming, and entertainment on their apps to connect with customers. This is aimed […]
Food delivery firms reassure customers with contactless delivery, body temperature checks
Illustration: Rahul Awasthi The rapid spread of the Covid-19 virus has made customers sceptical about the safety of food delivery platforms. In India, one user tweeted, “Can anyone give us the assurance that the online food delivery platform will be 100% safe? If someone is harmed, who will be responsible?” The country’s top two delivery […]
44M Digital Wallet Items Exposed in Key Ring Cloud Misconfig
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CERT-In warns Zoom users of cyber risks
India’s nodal cyber security agency has warned users of video-conferencing app Zoom that it is prone to cyberattacks. This came following instances of leaked passwords and hackers hijacking video calls midway through conferences. “Insecure usage of the platform may allow cyber criminals to access sensitive information such as meeting details and conversations,” Indian Computer Emergency […]
Zoom app vulnerable to cyber attacks, says CERT-In
The national cyber security agency on Thursday cautioned against the cyber vulnerability of the popular video conferencing app Zoom, used by tens of thousands of professionals who are working from home in the country due to the COVID-19 pandemic, and issued an advisory outlining the safety measures for both the operator and the users. The […]
How smart devices will transform the next generation’s daily life
Intelligent living happens when smart devices, software and services work together seamlessly to form an ecosystem that surrounds us. Its aim, says Olivier Dobo, marketing director of HONOR UK, is to help people live life more efficiently and effectively, so that they can focus on what truly matters. Our new report, Intelligent Living in Europe, prepared with Canalys, forecasts that […]
Amazon India to clear backlog of essential items before taking new orders
Amazon India will fulfil existing orders of essentials before accepting new purchases, the online retailer’s country manager Amit Agarwal said on Twitter in a bid to placate consumers facing delays or cancellations of deliveries comprising essential items. The e-commerce company is working with local authorities to get clearances and curfew passes for on-ground workers, Agarwal […]