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$12 bn India’s digital media & entertainment landscape to triple in size by 2030
Sci - Tech

$12 bn India’s digital media & entertainment landscape to triple in size by 2030

New Delhi, Dec 20: India’s digital media and entertainment landscape, which is currently valued at $12 billion, is likely to triple in size, a report showed on Wednesday. The growing maturity of internet users coupled with increasing spend on digital media is expected to enable the sector to...
Crypto trading volume on WazirX drops 90% to $1 bn amid regulatory pressure
Sci - Tech

Crypto trading volume on WazirX drops 90% to $1 bn amid regulatory pressure

New Delhi, Dec 20: Indian crypto exchange WazirX saw its trading volume nosedive to $1 billion in 2023 -- a massive 90 per cent drop from 2022 -- amid regulatory pressure from the government and a heavy crypto tax regime. Last year, the Indian government introduced a 30 per cent tax on virtual...
FBI hacks big ransomware gang Blackcat, restores victims
Sci - Tech

FBI hacks big ransomware gang Blackcat, restores victims' systems

Washington, Dec 20: The US Justice Department has announced a disruption campaign against the Blackcat ransomware group -- also known as ALPHV or Noberus -- that targeted computer networks of more than 1,000 victims, including networks that support US critical infrastructure. The FBI developed a...
Razorpay, Cashfree get final approval from RBI to function as payment aggregators
Sci - Tech

Razorpay, Cashfree get final approval from RBI to function as payment...

New Delhi, Dec 19: Digital payment startups Razorpay and Cashfree on Tuesday announced that they received final authorisation from the Reserve Bank of India (RBI) to operate as payments aggregators (PA). "Razorpay has now received the final authorisation from the Reserve Bank of India @RBI to...
Industry stakeholders hail new Telecommunications Bill 2023
Sci - Tech

Industry stakeholders hail new Telecommunications Bill 2023

New Delhi, Dec 18: Industry stakeholders on Monday welcomed the new Telecommunications Bill, 2023, saying its provisions will bring uniformity across states in terms of Right of Way (RoW) rules and regulations, along with rates. They will also address long-standing issues for telecom...
Google agrees to pay $700 mn in Play Store dispute settlement
Sci - Tech

Google agrees to pay $700 mn in Play Store dispute settlement

New Delhi, Dec 19: Google has agreed to pay $700 million to the US consumers and states in a settlement over Play Store reached in September. The company will pay $630 million to consumers and $70 to a fund used by states. "Google will pay $630 million into a settlement fund to be distributed...
Apple to stop selling Watch Series 9, Ultra 2 in US over patent dispute
Sci - Tech

Apple to stop selling Watch Series 9, Ultra 2 in US over patent dispute

San Francisco, Dec 19: Apple will stop selling its Watch Series 9 and Ultra 2 smartwatches in the US this week over a patent dispute. Both the newly-launched Apple Watches will no longer be available to purchase online from December 21, reports 9to5Mac. In-store inventory will no longer be...
Google Play Store
Sci - Tech

Google Play Store's new option lets you delete apps from other Android devices

San Francisco, Dec 19: Google is adding a new option in Play Store, which will let users uninstall apps from their other Android devices remotely. According to the Google System Updates changelog, the Play Store is now rolling out a new option for removing apps from "other connected" Android...
S.Korea unhappy with France over exclusion of Kia EV from subsidy list
Sci - Tech

S.Korea unhappy with France over exclusion of Kia EV from subsidy list

Seoul, Dec 19: South Korea expressed regret to France on Tuesday over the exclusion of a locally produced electric vehicle (EV) of Kia Corp. from the list of automobiles eligible for subsidies in France, the industry ministry said. First Vice Industry Minister Jang Young-jin delivered the concern...
Jeff Bezos invests Rs 350cr to build clock lasting 10,000-years: Report
Sci - Tech

Jeff Bezos invests Rs 350cr to build clock lasting 10,000-years: Report

New York, Dec 17: Billionaire Jeff Bezos has invested Rs 350 crore or $42 million to build a clock that will last 10,000-years and will tick just once a year, according to a report. The 500-feet tall clock, designed by computer scientist and inventor Danny Hillis, is located inside a mountain in...
India’s Public Cloud services market to reach $17.8 bn by 2027
Sci - Tech

India’s Public Cloud services market to reach $17.8 bn by 2027

New Delhi, Dec 17: The overall Indian Public Cloud services market is expected to reach $17.8 billion by 2027, growing at a CAGR of 22.9 per cent for 2022-27. According to the International Data Corporation (IDC), the Indian public cloud services (PCS) market, including...
Apple to let app developers bundle subscription discounts for customers
Sci - Tech

Apple to let app developers bundle subscription discounts for customers

San Francisco, Dec 18: Apple has announced a programme called “contingent pricing for subscriptions” that will allow App Store developers offer discounts for customers with multiple subscriptions. The 'Contingent pricing for subscriptions' on the App Store will let developers give customers a...
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