IoT is reaching mainstream adoption across businesses in all market segments. Our vision is to enable Azure to be the world’s computer, giving businesses real-time visibility into every aspect of their operations, assets, and products. Businesses are harnessing signals from IoT devices of all shapes and sizes, from the very smallest microcontroller units (MCUs) to […]
Archives for 2020
Announcing server-side encryption with customer-managed keys for Azure Managed Disks
Today, we’re announcing the general availability for server-side encryption (SSE) with customer-managed keys (CMK) for Azure Managed Disks. Azure customers already benefit from SSE with platform-managed keys for Managed Disks enabled by default. SSE with CMK improves on platform-managed keys by giving you control of the encryption keys to meet your compliance need. Today, customers can […]
ETtech Top 5: Startups turn to layoffs, pay cuts; healthtech firms speed up efforts to fight Covid-19 & more
Illustration: Rahul Awasthi Startups turn to layoffs, salary cutsWhat’s the news? Startups have started laying off staff and, in some cases, asked employees to take pay cuts as they look for ways to weather the impact of the coronavirus outbreak. Why it matters? In these unprecedented times, layoffs and pay cuts, according to companies, will […]
SoftBank won’t buy $3 billion in WeWork stock
By Peter EavisSoftBank has decided it will not buy $3 billion in WeWork stock from other shareholders, a board committee of the office space company said Wednesday night, dealing a blow to shareholders, including Adam Neumann, the company’s co-founder and former chief executive, who had hoped to sell their stock. SoftBank, a Japanese conglomerate and […]
Bigbasket, Flipkart look to hire cabs for deliveries
Illustration: Rahul Awasthi A driver from a cab aggregator might deliver your next grocery order from Flipkart or Bigbasket as the online retailers are in talks with the ride-hailing platform for deliveries of essentials amid the national lockdown. Flipkart has also sought government approval for the same as it is in advanced discussions with Uber, […]
FASB to discuss effective date deferral requests in response to pandemic
In response to the coronavirus pandemic, FASB will discuss at its April 8 meeting effective date deferral requests for significant accounting standards that are not yet effective. FASB said in a news release issued Wednesday evening that it shares global concerns about the impact of the coronavirus and is committed to supporting and assisting its […]
God goes online as places of worship shut doors to save people
The muezzin calls out the faithful to prayer five times a day. But nobody comes to the mosque. These days, devotees spread out janamaz in the confines of their homes to pray. This, perhaps, is happening for the first time in 1391 years of Cheraman Juma Masjid in Kerala, where an azaan has not beckoned […]
Mounting orders and staff crunch stretch online grocers
Illustration: Rahul Awasthi Online grocers BigBasket and Grofers may be working hard to deliver essentials, but a lack of delivery slots will remain for the next week or two as these e-tailers witness heavy demand from consumers following the ongoing 21-day nationwide lockdown due to the Covid-19 virus outbreak. Both companies have seen demand for […]
Employer tax credits form, employee retention credit guidance posted
The IRS on Tuesday issued a new form and instructions for employers to use to obtain advance payments of three tax credits that were created to help businesses cope with the coronavirus pandemic. Employers may file new Form 7200, Advance Payment of Employer Credits Due to COVID-19, to obtain advances of employment taxes that are […]
IRS waives failure-to-deposit penalties during pandemic
To allow employers to take immediate advantage of various credits enacted in response to the COVID-19 pandemic and to ease employers’ cash flow, the IRS is permitting eligible employers who pay qualifying wages to retain an amount of the payroll taxes equal to the amount of qualifying wages that they paid, rather than deposit them […]