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
Internet
The government on Thursday ordered blocking of eight YouTube channels, including one operating from Pakistan, for allegedly spreading disinformation related to India’s national security, foreign relations and public order. The blocked YouTube channels had over 114 crore views; and 85.73 lakh subscribers and the content was being monetised, an official statement said. The channels that
The Delhi High Court on Wednesday granted time to the Centre to inform if it was drafting any regulations to govern the issue of de-platforming of users from social media. Justice Yashwanth Varma was hearing a batch of petitions concerning the suspension and deletion of accounts of several social media users, including Twitter users. Central
Cloud and data centres, the chip industry’s strongest sector, may be its next problem: Signs are showing growth could slow in what has been a pillar during the COVID era as consumers signed up for cloud-based entertainment and companies retooled their offices. Analysts say the cloud market has rarely had to weather a prolonged economic
According to a recent circular issued by the Unique Identification Authority of India (UIDAI), if you don’t have an Aadhaar number or enrolment slip, you may not be entitled to avail government subsidies and benefits. The UIDAI issued a circular to all central ministries and state governments last week. The circular was issued on August
Chinese Internet giant Tencent Holdings’ non-fungible token (NFT) platform Huanhe will no longer release digital collectibles to the public, it said on Tuesday, as regulatory scrutiny of NFTs mounts in the country. The Shenzhen-based company said that Huanhe, officially launched early last August, will no longer release new NFTs to users from Tuesday. But the
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
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
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
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
Twitter will revive features on the social media site to promote accurate information about the November US midterm election and clamp down on false and misleading posts, the company said in a blog post on Thursday. Civil rights and online misinformation experts have accused social media and tech platforms of not doing enough to prevent the
The case of a Nebraska woman charged with helping her teenage daughter end her pregnancy after investigators obtained Facebook messages between the two has raised fresh concerns about data privacy in the post-Roe world. Since before the US Supreme Court overturned Roe v. Wade in June, Big Tech companies that collect personal details of their
The Reserve Bank of India (RBI) on Wednesday mandated that digital loans must be credited directly in the bank accounts of borrowers and not through any third party, as it put in place strict norms to curb rising malpractice in digital lending space. Besides, the RBI said digital lending entities and not the borrowers should pay fees
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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