Category: Technology
apple india middle class: Indian middle-class is growing, has huge potential for our products: Apple CEO Tim Cook
[ad_1] Apple chief executive officer Tim Cook believes “India is at a tipping point for the tech giant with a lot of people coming into the middle class”. Apple sees great business potential in the country, he said during the company’s post-earnings call on Friday. India was a key talking point during the call as ...
visa: Visa launches CVV-free payments for tokenised credit, debit cards
[ad_1] Card payments company Visa has launched a feature that allows users to carry out online transactions without the need to punch in the cardholder verification value (CVV), if the card has been tokenised. The CVV-free feature launched in India is aimed at making the online transaction process smoother. The merchants who adopt this will ...
dallas hacking: Hackers sabotage Dallas public facilities, emergency services
[ad_1] Hacker sabotage has disrupted several public services in Dallas, closing courts and knocking emergency services websites offline, officials said on Thursday. Courts were closed Wednesday and will remain closed Thursday, the City of Dallas said in a series of statements posted to the web. Although the statements said emergency services to residents were unaffected, ...
Microsoft: Microsoft offers to charge for Teams to address EU antitrust concerns
[ad_1] Microsoft has offered to charge different prices for its Office product with and without its Teams app to stave off a possible EU antitrust investigation and fine, two people familiar with the matter said. Microsoft has been seeking to address the EU competition enforcer’s concerns since last year after Salesforce-owned workspace messaging app Slack ...
NBFC: Revenue-based financing startup GetVantage secures NBFC licence from RBI
[ad_1] Revenue-based financing platform GetVantage has become the latest fintech to secure a non-banking financial company (NBFC) licence from the Reserve Bank of India (RBI), the company said in a statement Thursday. NBFC arm GetGrowth Capital will run the lending operations for GetVantage and dole out financing to small and medium enterprises (SMEs) and new ...
edufund: EduFund raises $3.5 million in funding
[ad_1] EduFund, an India-based edu-fintech company, has raised $3.5 million in a funding round led by global venture capital firm MassMutual Ventures (MMV). The fundraise also saw participation from investors DSP Investment Managers, Anchorage Capital Partners, and Kunal Shah. In a statement, co-founders Eela Dubey and Arindam Sengupta said: “Our goal at EduFund has always ...
ai boom: Techies scramble to upskill as AI boom reshapes global IT Space
[ad_1] ‘Reskill or perish’ seems to be top of mind for Indian techies, as they rush to upskill themselves in a fast-changing tech landscape where artificial intelligence (AI) is becoming a risk to jobs even as macroeconomic factors threaten to hamper IT sector growth in the short term. IBM earlier this week said it may ...
FTC: FTC seeks ‘blanket’ ban on Meta’s use of young users’ data
[ad_1] The Federal Trade Commission escalated its fight with the tech industry’s biggest companies Wednesday as it moved to impose a “blanket prohibition” on the collection of young people’s personal data by Meta, Facebook‘s parent company. The commission wants to significantly expand a record-breaking $5 billion consent order with the company from 2020 and said ...
Artificial intelligence: My weekend with an emotional support AI companion
[ad_1] For several hours Friday evening, I ignored my husband and dog and allowed a chatbot named Pi to validate the heck out of me. My views were “admirable” and “idealistic,” Pi told me. My questions were “important” and “interesting.” And my feelings were “understandable,” “reasonable” and “totally normal.” At times, the validation felt nice. ...
cbc energy efficient: CBDC a more energy-efficient option than cryptos: RBI
[ad_1] Central Bank Digital Currencies (CBDCs) could turn out to be a more energy-efficient currency option than cryptocurrencies or other payment options such as credit cards and debit cards, the Reserve Bank of India (RBI) said in its latest report on currency and finance. A CBDC is a type of digital currency issued by a ...