The Indian Railways has floated a tender to hire a consultant to monetise its passenger and freight customer data with the aim to generate revenue up to Rs 1,000 crore, but sources told PTI it may be withdrawn amid concerns over privacy issues. While many on social media, including advocacy groups have raised concerns over
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The Indian Railway Catering and Tourism Corporation (IRCTC) has floated a tender seeking to monetise digital data of the Indian Railways and the IRCTC. The latter is looking to appoint a consultant for ‘digital data monetisation’. The tender, which seeks to utilise the data from passenger, freight, and parcel trains, was spotted by digital liberties
Cisco gave a positive forecast for first-quarter sales as a COVID-19 recovery in China eases supply chain shortages and helps it meet demand for networking hardware, sending the company’s shares 5 percent higher in extended trading. The results announced on Wednesday suggest networking equipment makers have started overcoming the component crunch that had kept them from tapping a
Microsoft could release the next big Windows 11 update, version 22H2 next month. Ahead of it, the tech giant Wednesday started rolling out a preview build 25182 of Windows 11. The update comes with an updated Camera app with a version number of 2022.2207.29.0 that brings native Arm64 support and a new privacy feature. With
The Reserve Bank on Wednesday sought views from the public on fees and charges in payment systems, with an aim to make such transactions affordable as well as economically remunerative for the entities involved. The payment systems include Immediate Payment Service (IMPS), National Electronic Funds Transfer (NEFT) system, Real Time Gross Settlement (RTGS) system and
She-Hulk: Attorney at Law — premiering Thursday on Disney+ and Disney+ Hotstar — is the first out-and-out comedy that Marvel Studios has produced. While the Elizabeth Olsen-led WandaVision was ultimately a tragedy cloaked in comedy, She-Hulk isn’t hiding anything under the impenetrable green skin of its superpowered lawyer Jennifer Walters. Speaking of, this is the
Ratan Tata, the octogenarian industrialist who steered the $128 billion (roughly Rs. 10,13,200 crore) Tata Group for decades, has backed a startup that connects senior citizens with young graduates for meaningful friendships. Goodfellows, which promotes “inter-generational friendships” said on Tuesday that it received a seed investment of an undisclosed sum from Tata, the influential chairman emeritus of
Chinese tech giants including Alibaba, Tencent, and ByteDance have submitted details to a state regulator of algorithms used in some of their products, in an unprecedented move as authorities strengthen oversight of the sector. The country’s Internet watchdog on Friday published a list of 30 algorithms that companies use to gather information on users and
She-Hulk: Attorney at Law — premiering August 18 on Disney+ and Disney+ Hotstar — is more a modern comedy about the struggles of self-acceptance than a standard superhero flick. While most characters adore the idea of harbouring powers, legal attorney Jennifer Walters is quite the opposite. Put yourself in her situation: You get into a
A hacker claims to have obtained the personal information of 48.5 million users of a COVID health mobile app run by the city of Shanghai, the second claim of a breach of the Chinese financial hub’s data in just over a month. The hacker with the username “XJP” posted an offer to sell the data
LinkedIn on Thursday announced new features that would allow creators to easily create and share engaging visual content on the platform. With the latest update, the Microsoft-owned social network lets users add a clickable link directly onto images and videos. LinkedIn users will also get new template options for text posts with multiple formatting and
Whether it’s the fitness tracker on your wrist, the “smart” home appliances in your house or the latest kids’ fad going viral in online videos, they all produce a trove of personal data for big tech companies. How that data is being used and protected has led to growing public concern and officials’ outrage. And
The US on Friday adopted new export controls on technologies that support the production of advanced semiconductors and gas turbine engines that it said are critical to its national security. The “emerging and foundational technologies” covered by the move include gallium oxide and diamond, because “devices that utilize these materials have significantly increased military potential,” the
Best Buy, the nation’s largest consumer electronics chain, is trimming jobs in an effort to adjust to new changes in consumer behaviour as the virus wanes. Best Buy declined to say how many jobs it was cutting, but The Wall Street Journal, which was first to report the news, estimated it involved hundreds of jobs at
Federal work-safety investigators are looking into the death of an Amazon worker and an injury that potentially led to the death of another employee, adding to a probe already underway following a third fatality during the company’s annual Prime Day shopping event in mid-July.All three Amazon workers died within the past month and were employed
China’s top internet watchdog said on Friday that tech giants such as Tencent and Alibaba have submitted details of algorithms used in some of their products, complying with a drive by authorities to tighten oversight of platform algorithms. The rules are part of a broad regulatory crackdown by Beijing against its once free-wheeling technology sector.
Google has unveiled the live sharing feature for the Google Meet that will allow users to interact with the content that is shared during a video conference. According to the US tech giant, users will be able to interact with YouTube videos, curate a Spotify playlist, and play games like Heads Up!, Uno! Mobiles, or
The digital lending industry, led by app-based credit suppliers, have welcomed the new set of regulations issued by the RBI, saying the move will help the sector scale up and become more responsible. The Reserve Bank had on Wednesday tightened the norms for digital lending to prevent charging of exorbitant rates and to secure customer
China on Wednesday criticized a US law to encourage processor chip production in the United States and reduce reliance on Asian suppliers as a threat to trade and an attack on Chinese business. The law signed this week by President Joe Biden promises $52 billion (roughly Rs. 4,11,300 crore) in grants and other aid to investors in US chip factories.
Spotify has redesigned its home page to display separate feeds for music and podcasts, the company announced on Tuesday. The streaming service is rolling out an update for its Android app, which features an updated home interface. While Spotify has also confirmed the updated design will make its way to iOS devices, it is yet
Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent US sanctions that have crippled the economy. The order, worth $10 million (roughly 80 crore), was a first step towards allowing the country to trade through digital assets
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