Tech News: March 2021

Wednesday, March 31, 2021

Samsung Galaxy S20 FE 5G launched in India with Snapdragon 865 processor: Price, offers

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Hackers leak data of 9.9 cr Indians allegedly from Mobikwik database, company rejects claim

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Facebook to curb hate speech as Indian states go to polls

India is Facebook's biggest market by users. Its WhatsApp chat service is among the most popular in the country, counting around 500 million users alone.

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WhatsApp gets delayed Brazil nod for payments

WhatsApp is only allowed to do peer-to-peer payments, not involving merchants. Facebook is still seeking approval to operate with merchants.

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Coursera to raise about $519 million in U.S. IPO at over $4 billion valuation

Coursera was among the companies to have benefited from a surge in demand for online learning platforms during the Covid-19 pandemic.

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Google to contribute $29 million to new EU fund to fight fake news

The Covid-19 pandemic and the U.S. election last year spurred a massive spike in misinformation, with some blaming social media for not being more proactive in tackling the issue.

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UST’s BlueConch Technologies opens new delivery centre in Ahmedabad, Gujarat

The new centre will allow UST to accommodate growing customer demand for product and platform engineering services.

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WhatsApp must be investigated on whether it is fiddling with private data to distort market competition

While thinking about regulations for large technology companies in India, it is critical to carefully consider the trade-off between allowing access and protecting consumer privacy.

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Xiaomi confirms plans to make smart electric vehicles, will invest $1.5 billion

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WWDC 2021 preview: Everything we expect at Apple’s online-only event

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Startup funding hits two-year high in Q1 at $4.2 billion

Indian startups are clearly emerging strongly from the Covid-19 induced slump in the middle of last year.

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How women content creators are shaking up the BFSI category

How the rise of women content creators in the BFSI category is creating new opportunities for brands in one of the most regulated industries.

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Banned Chinese firm Club Factory may take ‘Force Majeure’ route

BPO companies Cyfuture and Aegis, which had provided customer-care support to Club Factory, have filed separate cases against the company in the Delhi High Court to recover a combined Rs 5 crore.

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US lawmakers press Big Tech for internal research on kids’ mental health

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Spotify buys Locker Room app’s maker Betty Labs in live audio push

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Arm takes aim at Intel chips in biggest tech overhaul in decade by Ian King

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Recurring nightmare

In today's ETtech Morning Dispatch newsletter: BillDesk is expected to enjoy a virtual monopoly in processing recurring payments, RBI has tightened its rules for payment companies after several hacks, and pharma majors eye online foray.

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HealthPlix lands $13.5 million funding led by Lightspeed

HealthPlix provides Electronic Medical Record software to medical practitioners. It also gives them clinical decision support and generates e-prescriptions.

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BillDesk strikes it rich amid payments crisis

Co set to monopolise recurring payments market as top banks take SI Hub services

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Grouping in talks to buy Pharmarack

Pharma majors aim to build digital-first distribution biz

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How women creators went from 'Don't feed the trolls' to 'Bleed the trolls' online

Everyone gets trolled on the internet, but the harassment gets disturbingly heightened when directed at women. Now, top women creators are taking trolls head-on

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BillDesk strikes it rich amid payments crisis

Co set to monopolise recurring payments market as top banks take SI Hub services

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Payment companies face tighter RBI norms

To submit compliance certificates twice a year, confirming adherence to data storage norms

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Tuesday, March 30, 2021

Pine Labs eyes US IPO by March 2022

Pine Labs, which was last valued at $2 billion in December 2020, has begun early-stage discussions with at least four merchant bankers to work on its IPO.

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Asus launches new ZenBook, VivoBook series laptops in India

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Wipro names former Walmart, PayPal executive Subha Tatavarti as CTO

Tatavarti’s appointment is one of the key additions to Wipro’s leadership after the recent organisational rejig at the software services major

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Russia says hopes to avoid ban on Western tech giants

Russia's state communications watchdog earlier this month began disrupting Twitter services in Russia, saying the US platform failed to comply with its requests to delete content.

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Mobikwik data breach: Personal data of over 10 crore users allegedly available on sale

The Gurugram-based fintech company continued to deny its role in the leak, calling the researchers that made the breach public “media-crazed” alleging them of presenting “concocted files” as evidence.

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TCS unveils new brand statement as it looks at next decade of growth

The new brand vision encapsulates the active and collaborative role that TCS plays in partnering with customers over the long term.

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Mi Band 6 vs Mi Band 5: What’s new this time on Xiaomi’s popular fitness tracker?

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OnePlus Red Cable Club users to get additional 5TB cloud storage with the OnePlus 9 Pro 5G

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Deliveroo IPO puts London's tech credentials to the test

Deliveroo has seen demand soar during the pandemic as restaurants were closed for several months of the last year.

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Teradata bolsters India leadership, appoints Ashok Shenoy as country manager

Shenoy is responsible for leading Teradata’s growth in enterprise-scale multi-cloud data analytics across key verticals including financial services, telcos, manufacturing, public sector and retail.

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WeWork’s plan to go public unlikely to hit India ops

Just like in China and Japan, the office space company’s operations in India are franchised to third parties.

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Adam Neumann's final WeWork act: helping SoftBank's SPAC deal

Neumann also stands to benefit from the SPAC deal as he still has a roughly 10% stake in WeWork, worth around $790 million.

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WhiteHat Jr partners EnduroSat to offer students learning opportunities related to space

The collaboration between WhiteHat Jr and EnduroSat will facilitate applied science opportunities for students who will be able to send commands to, and access data from a satellite operating in space.

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Poco X3 Pro launched in India: Price, sale date, full specifications and more

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Asus ZenBook 13 OLED (UM325) review: Battery life is the secret weapon of this sleek beauty

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Grindr’s US security review disclosures contradicted statements made to others

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Poland’s CD Projekt releases patch for Cyberpunk 2077

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Poco X3 Pro India launch set for today: How to watch live stream

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Sony to shut PlayStation Store for PS3, Vita consoles

Sony launched PS3 in November 2006, and more than 80 million units of the console have ben sold to date. Vita has sold over 10 million units.

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US FTC drops anti-trust case against Qualcomm

The FTC first filed a complaint against Qualcomm in 2017, charging that the company has a monopoly in baseband processors.

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Nazara Tech shares list at 81% premium over issue price; Jhunjhunwala stake valued at Rs 656 crore

The recent IPOs have failed to offer any reasonable listing pop on their debuts, but analysts remained largely positive on Nazara.

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Xiaomi’s new AirPower-like charging mat can wirelessly charge three devices simultaneously

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CoWin Boost

In today's ETtech Morning Dispatch newsletter: Govt augments Covid-19 vaccination portal, PE funds back Firstcry, and Byju's valuation soars.

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Private equity investors pump $315 million into Firstcry

The company is expected to target a public market listing in 18-24 months.

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Govt augments CoWin platform to deal with next phase of vaccination

User interface on the platform has been spruced up while existing features have been further simplified to cater to a larger proportion of the population expected to pre-register in the next phase drive.

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Monday, March 29, 2021

Xiaomi Mi 11 Pro, Mi 11 Ultra launched: Check price, specifications

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Twitter services down for some users: Downdetector

Twitter did not immediately respond to a Reuters request for comment.

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Visa moves to allow payment settlements using cryptocurrency

The company told Reuters it had launched the pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year.

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LG OLED 48CX 4K TV launched in India; Check price, features, specifications

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Kolkata man starts social network to bring amateur writers together

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Byju’s raises $460 million in funding, valuation soars to over $13 billion

This is the first investment in Byju’s this year, after the company raised over $1 billion in 2020, fueled by the pandemic which caused a massive surge in online learning.

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Facebook, Google plan new undersea cables to connect Southeast Asia and America

The cables will be the first to directly connect North America to some of the main parts of Indonesia, and will increase connectivity for the central and eastern provinces of the world's fourth most populous country.

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IPO-bound Delhivery sees exit of two co-founders

The two co-founders have also been 'reclassified' as 'retiring/non-active promoters' for their stake in Delhivery.

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Red lights and bathroom posters: Amazon's all-out fight to block a union

Amazon, while not officially declaring opposition to unions, has waged a determined campaign, holding weekly "informational" meetings, sending text messages and putting up posters in restrooms in an all-out effort to defeat the union initiative.

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CCI's WhatsApp probe order a red flag for Big Tech

Firms need to tread carefully on data and privacy policy as probe could open floodgates for more

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Accenture consultants set to be data-backed storytellers

Accenture will have all of its consultants in the next two years adopt the new model of data-focused storytelling that is built on data, machine learning models and visualisation for specific sectors and industries

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Public procurement from GeM portal crosses Rs 1 lakh cr: CEO Talleen Kumar

The portal provides a wide range of products from office stationery to vehicles. Automobiles, computers and office furniture are currently the top product categories. Services, including transportation, logistics, waste management, web casting and analytical, are listed on the portal.

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Latest outreach by crypto exchanges addresses government's concerns

The presentation note includes a code of conduct for crypto exchanges to follow on day-to-day operations, a white paper that highlights the possible effects of the proposed ban on crypto assets in India, and data of global regulatory landscape, among other things.

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