PM Narendra Modi pitches for UN reforms, says it should reflect today’s realities !!

New Delhi: Pitching strongly for India’s permanent membership in the United Nations Security Council, Prime Minister Narendra Modi said it is time that the United Nations reflects the ground realities of the contemporary world. In his address to the United Nations Economic and Social Council (ECOSOC), PM Modi said while the path to sustainable existence is through multilateralism, but multilateralism “needs to reflect the reality of our contemporary world”. He said that only a reformed multilateralism with a reformed United Nations as it centre can meet the aspirations of humanity….

Apple iPhone Supplier Joins Wave of Tech Investment in India !!

New Delhi: Apple assembly partner Pegatron is making preparations for its first plant in India, adding to a large influx of foreign tech investments in the country this year. In June, the government set out a $6.6 billion plan to woo the world’s top smartphone manufacturers, offering the financial incentives and ready-to-use manufacturing clusters. Pegatron is now setting up a local subsidiary and joining fellow Taiwanese electronics assemblers Foxconn Technology Group and Wistron, who have already been making some iPhone handsets in southern India. With a number of factories in…

Twitter says hackers didn’t access user passwords !!

Twitter said users’ passwords weren’t stolen in a widespread digital attack Wednesday, despite the fact that hackers were able to send tweets from several high-profile accounts. “We have no evidence that attackers accessed passwords,” Twitter said in an update Thursday. “Currently, we don’t believe resetting your password is necessary.” Some people who changed their passwords in the past 30 days may still be blocked from accessing their accounts, the company said, but that doesn’t mean those accounts were compromised. The hack on Wednesday affected some of the world’s most recognisable…

Facebook Messenger now supports screen sharing on Android and iOS !!

Facebook announced it is expanding Messenger’s screen sharing to Android and iOS. This feature has been restricted to Messenger on the web. Screen sharing is rolling out on Messenger Rooms for Android and iOS as well. On theMessenger App, users will be able to share their screens during a video call. This can be during a one-on-one video call or with a group of up to eight people. With this feature, users will be able to share their phone’s screen for things like browsing through the photo gallery, shopping online,…

This new Android malware called BlackRock can steal passwords, card data from 337 apps including Gmail, Uber !!

A new strain of Android malware has emerged that can steal data from at least 337 Android apps. Called BlackRock, this malware was first spotted in May this year and discovered by a mobile security company called ThreatFabric. Researchers at ThreatFabric said that BlackRock is based on the leaked source code of another malware strain called Xerxes (Xerxes itself is based on other malware strains). BlackRock, however, has been beefed up with additional features, especially ones that help steal passwords and credit card information, according to a report by ZDNet. BlackRock works…

India’s Reliance seen emerging as bigger threat for U.S. firms like Amazon, Walmart !!

A $20 billion fund raising spree may take India’s Reliance closer to its dream of becoming a digital giant, further threatening the ambitious plans U.S. companies like Amazon, Walmart and Zoom have for India. Stake sales in Reliance’s digital unit Jio Platforms attracted is not just private equity and sovereign wealth funds but also Google and Facebook, a strong endorsement for an enterprise that until a few years ago focussed largely on oil refining. Some industry watchers equate Reliance’s digital plans – which extend from online shopping and cloud computing to…

Freecharge founder Sandeep Tandon sets aside Rs 100 crore for early-stage hardware bets !!

Sandeep Tandon, is the founder of online financial services player Freecharge, has allocated Rs 100 crore from his family office to invest in early-stage companies in the hardware, manufacturing, and Internet of Things (IOT) space. The investment arm will cut average cheque taht  sizes of between Rs 2 crore and Rs 6 crore, Tandon told ET in an exclusive interview. The Rs 100-crore allocation will be managed by Tandon’s venture capital arm, Whiteboard Capital, and will be supplemented by dedicated team members with prior experience in manufacturing technology. Tandon’s family office…

As e-learning takes hold, creators flock to startups !!

Professionals looking to set up an e-learning businesses quickly are flocking to startups like Knorish and Invanto, and earning big money in the process. Yoga trainers, wine connoisseurs, primary school teachers, digital marketers, cybersecurity experts and business management grads are all looking to the startups to build personalised websites so that they are impart skillsets through paid video content. Software as a Service startup Knorish, launched in 2018, has built e-learning businesses for 4,500 creators in the last four months, after onboarding just 500 customers till March. “These creators upload recorded videos or take live…

Bengaluru beware: Under the radar town quietly emerges as startup hub !!

Bengaluru : It takes just one startup to change the narrative of an ecosystem. Last week, Chandigarh-based PrepLadder became that startup, when the medical entrance test preparation platform was acquired by Facebook-backed educational technology company Unacademy for $50 million in a cash-and-stock deal. The exit, hailed by founders and investors alike, it is indicative of a fledgling startup ecosystem in Chandigarh, which a clutch of homegrown venture capital-backed companies — in sectors such as ed-tech, agri-tech, content tech, Software as a Services (SaaS) and consumer goods — call home. The founders of these startups, both…

Reliance launches Jio Glass: What it is and how it works !!

Reliance Industries Limited (RIL) hosted its 43rd annual general meeting (AGM) on Wednesday. At the event, which was held virtually for the first time in wake of the Covid-19 pandemic, the company launched the Jio Glass. Jio Glass is a mixed reality (MR)-based holographic lens system that enables users to perform various tasks such as host conference calls, share and view presentations and hold discussions among other things. Design wise, Jio Glass comes with a plastic frame that has a camera in the front between the two lenses. At the back it…