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Ransomware attack on Kronos impacts paychecks of several companies

Ultimate Kronos Group (UKG), a major technology firm that provides human resource management solutions to other companies, was hit by a critical ransomware attack. The cyber attack has rendered several of the firm’s clients unable to access their payroll systems, and the situation could last for weeks. In a blog post, the company informed its clients and communities that the cyber attack had disrupted the Kronos Private Cloud. Kronos Private Cloud houses a number of the company’s solutions, such as UKG Workforce Central, UKGTeleStaff, Healthcare Extensions, and Banking Scheduling Solutions….

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Tesla supported Starlink to provide internet services in India soon

Elon Musk’s satellite internet company Starlink will soon start providing Internet services in India. Tesla will apply for a commercial licence in India to provide broadband internet services to the users in India. Starlink, Elon Musk’s satellite internet company, will begin providing Internet services in India soon. The Tesla-backed company will apply for a commercial licence in India to provide users with high-speed internet access. The statement comes only days after the Indian government’s Department of Telecommunications, Ministry of Communications, told Starlink that it needed to secure the necessary approval…

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Kapil Dev invested in Harmonizer India’s AI & ML focused technology solutions

Dev has been investing in the startups’ space since 2015. His bets include grocer peopleeasy.com, Samco Ventures, online market network Wizcounsel. Former cricketer Kapil Dev has invested an unknown amount in power sector-focused technology business Harmonizer India. The former pacer and World Cup-winning captain would be holding an undisclosed stake in the company’s artificial intelligence, machine learning and internet of things (IoT)-focused energy saving solutions technology, as per a statement. According to sources, Dev has been investing in startups since 2015, and his investments include grocer peopleeasy.com, Samco Ventures, online…

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Roku and Google reach a long term deal for YouTube and YouTube TV

The companies reached the agreement just days before their previous deal covering YouTube on Roku was set to expire on Dec. 9. Roku has previously said it does not earn any kind of revenue from the YouTube app. Roku and Google have sealed the deal, announcing a multiyear extension for both the YouTube and YouTube TV apps on the Roku streaming platform. The agreement was reached just days before their previous deal covering YouTube on Roku was set to expire on December 9. Roku’s distribution agreement with YouTube TV expired in…

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Customer analytics startup MoEngage raised $30 Mn in a new funding round

MoEngage helps companies measure customer engagement and analyse metrics Its customers include Future Retail, Byju’s, Sharechat, Dominos Pizza MoEngage, a customer analytics startup, announced on December 7 that it had raised $30 million in funding led by Steadview Capital, its valuation to around $500 million in six months. Despite the fact that MoEngage’s valuation has more than doubled, the company has declined to comment on the matter. Existing investors include Multiples Alternate Asset Management, Eight Roads Ventures, F-Prime Capital, and Matrix Partners India. MoEngage, which was founded in 2014, helps…

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Edtech major Byju’s announced the acquisition of GeoGebra

Edtech company Byju’s acquired Austria-headquartered GeoGebra. GeoGebra will continue to operate as an independent unit within the Byju’s Edtech major Byju’s announced the acquisition of Austria-based GeoGebra on Wednesday. According to people briefed on the matter, the acquisition will be a cash-and-stock transaction worth around $100 million. Byju’s made no comment on the size of the deal. “This acquisition complements Byju’s overall product strategy and integrates GeoGebra’s capabilities to enable the creation of new product offerings and learning formats to its existing mathematics portfolio,” the company said in a statement….

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A new report reveals $275 Mn worth deal between Apple CEO Tim Cook and china

Apple’s Cook signed a deal worth $275 billion in 2016 with the Chinese government. The deal involved investment in tech companies, startups, projects, and more. Apple CEO Tim Cook signed a $275 billion deal with the Chinese government in 2016 as per a new report. Cook met with Chinese government officials in an attempt to ease regulatory actions that were due to be implemented at the time, and he assured the investment. The agreement aimed to boost China’s economy while also increasing the workforce’s technological skill sets. The Information (via…

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Paytm partners with AWS to provide its startup toolkit to entrepreneurs

Paytm startup toolkit offers solutions in the domain of payments, payouts, banking and distribution Paytm, India’s leading digital ecosystem for consumers and merchants, has teamed with Amazon Web Services (AWS) to provide its startup toolkit to startups onboarded on AWS Activate, a scheme that gives free tools, resources, and more to help startups get started on AWS efficiently. Paytm will provide payment, distribution, and growth options to entrepreneurs in India participating in the AWS Activate initiative. The Paytm startup toolkit is a one-stop shop for solutions in the areas of…

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KFC India and IDCA join hands to promote deaf cricket

KFC India announced a partnership with Indian Deaf Cricket Association (IDCA) With this partnership, the fast food giant becomes the ‘principal sponsor’ for IDCA starting this year KFC India has announced a partnership with the Indian Deaf Cricket Association (IDCA) to increase deaf cricket’s visibility and growth in the country. With this collaboration, Kfc will serve as IDCA’s “primary sponsor” beginning this year and continuing until the ICC Cricket World Cup for the Deaf in 2023. Mithali Raj, the women’s national cricket team captain, along with Sumit Jain, the President…

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Disney names Susan Arnold as its first woman chair in its 98-year history

Mrs Susan Arnold is the woman to be named to the role in the entertainment company’s 98-year-long history. She has also served in senior roles at some of America’s biggest companies. The Walt Disney Company (DIS.N) named Susan Arnold as its chairman of the board on Wednesday, making her the first woman to hold the position in the company’s 98-year history. Arnold, who has been a member of the board for 14 years, will take over for Bob Iger on December 31. “As I step into this new role as…

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