Binance.US' $1 billion Voyager deal faces opposition from US SEC
The US SEC and New York's regulator have opposed Binance.US' deal to buy defunct crypto lender Voyager for $1 billion, court filings showed. The SEC said the deal may violate laws on the unregistered offer and sale of securities. The New York Department of Financial Services said Voyager "illegally operated a virtual currency business within the state without a licence".
The US SEC and New York's regulator have opposed Binance.US' deal to buy defunct crypto lender Voyager for $1 billion, court filings showed. The SEC said the deal may violate laws on the unregistered offer and sale of securities. The New York Department of Financial Services said Voyager "illegally operated a virtual currency business within the state without a licence".
Microsoft may cut up to 120 jobs in Germany: Report
Microsoft is looking to cut up to 120 jobs in Germany as part of global layoffs, business news outlet WirtschaftsWoche reported citing sources. Earlier in January, Microsoft announced it will be reducing its overall workforce by 10,000 through the end of FY23 Q3. Besides this, Google has reportedly informed its Irish staff that it will be laying off 240 people.
Microsoft is looking to cut up to 120 jobs in Germany as part of global layoffs, business news outlet WirtschaftsWoche reported citing sources. Earlier in January, Microsoft announced it will be reducing its overall workforce by 10,000 through the end of FY23 Q3. Besides this, Google has reportedly informed its Irish staff that it will be laying off 240 people.
Google supports third-party billing in India, complies with CCI
Google has started to support a third-party billing system for Google Play Store purchases in India as the company begins complying with Competition Commission of India's regulatory directions. The change is in "response to recent regulatory developments in India", Google said. If a user pays through an alternative billing system, the Google Play service fee will be reduced by 4%.
Google has started to support a third-party billing system for Google Play Store purchases in India as the company begins complying with Competition Commission of India's regulatory directions. The change is in "response to recent regulatory developments in India", Google said. If a user pays through an alternative billing system, the Google Play service fee will be reduced by 4%.
Will open ChatGPT-like platform to public in March: China's Baidu
China-based Baidu CEO Robin Li has said its ChatGPT-like app Ernie Bot is set to open to the public next month. It will help Baidu create a "revolutionary" version of its popular search engine. "Ernie Bot will...enhance...user experience and users will be much more dependent on us for all kinds of tasks and needs," Li said.
China-based Baidu CEO Robin Li has said its ChatGPT-like app Ernie Bot is set to open to the public next month. It will help Baidu create a "revolutionary" version of its popular search engine. "Ernie Bot will...enhance...user experience and users will be much more dependent on us for all kinds of tasks and needs," Li said.
Digitally-skilled workers add ₹10.9 lakh cr to India's GDP: Study
Workers in India, who use advanced digital skills like cloud architecture and software development, are contributing an estimated ₹10.9 lakh crore to the country's annual GDP, a 2023 study by Amazon Web Services and Gallup showed. It further found that 80% of organisations in India that employ such workers report higher annual revenue growth, but 88% are facing hiring issues.
Workers in India, who use advanced digital skills like cloud architecture and software development, are contributing an estimated ₹10.9 lakh crore to the country's annual GDP, a 2023 study by Amazon Web Services and Gallup showed. It further found that 80% of organisations in India that employ such workers report higher annual revenue growth, but 88% are facing hiring issues.
Meta faces potential tax bill of $925 mn in Italy: Report
Facebook-parent Meta faces a potential tax bill of around €870 million ($925 million) in Italy after prosecutors launched an investigation into the company, Reuters reported. The investigation was opened by Milan magistrates at European Public Prosecutor's Office's request. "We strongly disagree with idea that providing access to online platforms to users should be charged with VAT," Meta said.
Facebook-parent Meta faces a potential tax bill of around €870 million ($925 million) in Italy after prosecutors launched an investigation into the company, Reuters reported. The investigation was opened by Milan magistrates at European Public Prosecutor's Office's request. "We strongly disagree with idea that providing access to online platforms to users should be charged with VAT," Meta said.
Aus asks Twitter, Google to explain child protection measures
Australia's e-safety commissioner Julie Inman Grant has asked Twitter, TikTok and Google to hand over information about their efforts to stop online child abuse. Grant said she was concerned about treatment of illegal material on Twitter following job cuts to its safety teams. The companies will have 35 days to respond to commissioner's questions or risk fines up to $4,78,000/day.
Australia's e-safety commissioner Julie Inman Grant has asked Twitter, TikTok and Google to hand over information about their efforts to stop online child abuse. Grant said she was concerned about treatment of illegal material on Twitter following job cuts to its safety teams. The companies will have 35 days to respond to commissioner's questions or risk fines up to $4,78,000/day.
👍1
EU Commission asks staff to remove TikTok from phones
The European Union Commission asked staff to remove Chinese-owned video-sharing platform TikTok from corporate phones, including personal devices that use professional apps, over data protection by March 15. TikTok called the decision "misguided and based on fundamental misconceptions" and said it was disappointed. In November, TikTok admitted some staff in China can access data of European users.
The European Union Commission asked staff to remove Chinese-owned video-sharing platform TikTok from corporate phones, including personal devices that use professional apps, over data protection by March 15. TikTok called the decision "misguided and based on fundamental misconceptions" and said it was disappointed. In November, TikTok admitted some staff in China can access data of European users.
Bought a smartwatch, feels kind of useless: OnePlus Co-founder
OnePlus Co-founder Carl Pei took to Twitter on Wednesday to say he bought the Samsung Galaxy Watch5 Pro to learn about smartwatches, adding, "But I don't know what to use it for...Feels kind of useless? What do you use smart watches for?". "I'll give it away to my favourite commenter below," he added.
OnePlus Co-founder Carl Pei took to Twitter on Wednesday to say he bought the Samsung Galaxy Watch5 Pro to learn about smartwatches, adding, "But I don't know what to use it for...Feels kind of useless? What do you use smart watches for?". "I'll give it away to my favourite commenter below," he added.
WhatsApp 'hijack', sextortion, impersonation frauds warned by MHA
The BPRD, which falls under the purview of the Union Home Ministry has recently released an advisory regarding the increasing number of WhatsApp scams. These scammers employ tactics such, as hijacking, impersonating others and engaging in sextortion all of which pose cyber threats. It is crucial to remain vigilant by following recommended security measures.
The BPRD, which falls under the purview of the Union Home Ministry has recently released an advisory regarding the increasing number of WhatsApp scams. These scammers employ tactics such, as hijacking, impersonating others and engaging in sextortion all of which pose cyber threats. It is crucial to remain vigilant by following recommended security measures.
Flipkart Customer Receives Defective iPhone 15 with Fake Battery
After buying an iPhone 15 during the Republic Day sale, a Flipkart customer claims to have received a defective device with a fake battery. The unboxing video was uploaded on X, and according to Ajay Rajawat, the website is not willing to replace the broken phone. Mr. Rajawat wrote on X and included the order ID.
After buying an iPhone 15 during the Republic Day sale, a Flipkart customer claims to have received a defective device with a fake battery. The unboxing video was uploaded on X, and according to Ajay Rajawat, the website is not willing to replace the broken phone. Mr. Rajawat wrote on X and included the order ID.
ISRO releases Ayodhya Ram temple satellite image
The ISRO has recently shared a satellite image of the Ram Temple, in Ayodhya as seen from space. The image, taken on December 16 beautifully captures the presence of the temple accompanied by Dasharath Mahal, Ayodhya Railway Station and the serene Sarayu River. The inauguration ceremony is planned for Monday and will take place amidst the recitation of Vedic hymns.
The ISRO has recently shared a satellite image of the Ram Temple, in Ayodhya as seen from space. The image, taken on December 16 beautifully captures the presence of the temple accompanied by Dasharath Mahal, Ayodhya Railway Station and the serene Sarayu River. The inauguration ceremony is planned for Monday and will take place amidst the recitation of Vedic hymns.
Unseen pics of computer that helped win WW2 released
Britain has released a series of never-before-seen images of Colossus in celebration of the 80th anniversary of the code-breaking computer that played a pivotal role in the World War Two effort. Colossus computer was created during WW2 to decipher critical strategic messages between the most senior German Generals in occupied Europe. Its existence was only revealed in the early 2000s.
Britain has released a series of never-before-seen images of Colossus in celebration of the 80th anniversary of the code-breaking computer that played a pivotal role in the World War Two effort. Colossus computer was created during WW2 to decipher critical strategic messages between the most senior German Generals in occupied Europe. Its existence was only revealed in the early 2000s.
Users better off without Apple Watches' blood oxygen tool: Masimo
After Apple disabled the blood-oxygen feature on its watches, Masimo CEO Joe Kiani said consumers are better off without it. "Apple is masquerading what they are offering...as a reliable, medical pulse oximeter, even though it's not," he added. US International Trade Commission in December said Apple used Masimo's patented technology, following which a ban was imposed on some watches' sale.
After Apple disabled the blood-oxygen feature on its watches, Masimo CEO Joe Kiani said consumers are better off without it. "Apple is masquerading what they are offering...as a reliable, medical pulse oximeter, even though it's not," he added. US International Trade Commission in December said Apple used Masimo's patented technology, following which a ban was imposed on some watches' sale.
Similar to AI era: MoS IT on Jobs' 'intellectual energy revolution'
Minister of State for IT Rajeev Chandrasekhar shared a clipping of late Apple Co-founder Steve Jobs talking of a "revolution of free intellectual energy" through advent of computers during a 1985 interview. "Sounds eerily similar to AI era we're living in today, doesn't it?" Chandrasekhar said. "Some day, some student may be able to question Aristotle," Jobs was heard saying.
Minister of State for IT Rajeev Chandrasekhar shared a clipping of late Apple Co-founder Steve Jobs talking of a "revolution of free intellectual energy" through advent of computers during a 1985 interview. "Sounds eerily similar to AI era we're living in today, doesn't it?" Chandrasekhar said. "Some day, some student may be able to question Aristotle," Jobs was heard saying.
27-year-old Google techie kills wife who also worked at Google in US
Liren Chen, a 27-year-old Google software engineer working in the US, has been charged with the murder of his wife Xuanyi Yu, who also worked at Google. Police found Chen spattered with blood in his Santa Clara home, with his wife's body nearby. While Yu had severe blunt force injuries to her head, Chen's hand was extremely swollen and purple.
Liren Chen, a 27-year-old Google software engineer working in the US, has been charged with the murder of his wife Xuanyi Yu, who also worked at Google. Police found Chen spattered with blood in his Santa Clara home, with his wife's body nearby. While Yu had severe blunt force injuries to her head, Chen's hand was extremely swollen and purple.