Reliance Industries, India’s biggest company by market value, has started its web portal Jiomart, harnessing the might of its two largest consumer-facing businesses to announce its entry into online food and grocery shopping by early next year. The app will connect both lastmile neighbourhood stores and consumers, leveraging data and technology capabilities of Reliance’s telecom […]
Activists rally against ‘illegal’ surveillance of CAA protests
image for representation only Digital rights activists are up in arms over what they term as illegal acts of mass surveillance by law enforcement authorities in Delhi during the recent protests against the Citizenship Amendment Act (CAA) and proposed National Register of Citizens. In letters to the home ministry and Delhi Police commissioner on Sunday, […]
Facebook fined $1.6M by Brazil govt for improper sharing of user data
Brazil’s Ministry of Justice said on Monday it fined U.S. tech giant Facebook Inc 6.6 million reais ($1.6 million) for improperly sharing user data. The ministry’s department of consumer protection said it had found that data from 443,000 Facebook users was improperly made available to developers of an App called “thisisyourdigitallife.” The data was being […]
10 themes that defined India’s startup and tech ecosystem in 2019
Layoffs across startups & IT companies A common theme across Indian startups and IT giants in 2019 was job cuts, primarily to reduce costs as companies grappled with slower growth along with an economic downturn in the country. India’s most-valued startups, including hospitality player Oyo, ride-hailing giant Ola, restaurant discovery platform Zomato and online classifieds […]
E-commerce, new industrial policies likely to be released this fiscal: DPIIT Secretary
The DPIIT is working actively on the e-commerce as well as new industrial policies, and both are expected to be released by the end of this fiscal, a top official has said. “I personally feel that both these policies will be ready by this financial year end,” Department for Promotion of Industry and Internal Trade […]
Data-crunching investments by insurers rise 20% in 2019
Insurers are increasing investments in systems to improve data crunching by at least 20% over last year. Most of this is toward subscription of data, build stronger data architecture and for updated technology towards better systems to crunch data. The driving force is the challenges that are emerging due to substandard and unstructured data. “For […]
All-in-one digital repository of official data in the works
An umbrella information portal collating official data on employment, industry, health, GST and trade is in the works, as the government plans to put out timely, credible and user-friendly official data through a single window. The Ministry of Statistics and Programme Implementation (MoSPI) is developing a digital repository of all official statistics in the country, […]
CSC to open 700 centres to push Aadhaar enrolment
Common Service Centres, the government-run digital kiosks, are set to open one new centre in each district — close to 700 centres by next year — to restart Aadhaar enrolment and updation services, a top government official told ET. The centres, mostly in far flung areas, were stopped from providing the services after a security […]
The rise of sexbots and artificial human beings
Looks like technology is triggering an orgasmic growth for the $30 billion sex-tech or human-machine intimacy industry. Leading the charge are sexbots or wire-attached, silicon-based artificial human beings, which are designed to be ideal companions in and out of bed. A range of offerings are in the market already and it will only get better. […]
End of cash is near, cashless currencies are in vogue
The case against cash is clear — expensive to print, difficult to track, prone to theft and an enabler of corruption. Western economies, notably the Nordic countries, have come to depend less and less on cash for transactions. In the UK, cash is used for only 30% of transactions while South Korea plans to phase […]