Internet

German Student Admits to Data Hack That Hit Merkel and Others

A student confessed to one of Germany’s biggest data breaches, police said on Tuesday, ending the mystery over who hacked Angela Merkel and other public figures but doing little to ease the embarrassment of cyber-security authorities. Police did not name the 20-year-old but said he lives with his parents, is not a computer expert and […]

Internet

RBI Forms Panel to Deepen Digital Payments, Led by Infosys’ Nilekani

The Reserve Bank of India (RBI) on Tuesday said it has constituted a panel with Infosys chairman Nandan Nilekani as its head in a bid to deepen digital payments in Asia’s third-biggest economy. The five-member panel, which includes a former deputy governor of the RBI, will identify ways to widen financial inclusion via the use of […]

Internet

Artificial Intelligence Offers $340 Billion Opportunity to Retail Sector: Capgemini

The use of Artificial Intelligence (AI) offers about $340 billion (roughly Rs. 23.8 lakh crores) cost-saving opportunity for those retail companies that are able to scale and expand the scope of their existing deployments, according to a new global study from French technology services major Capgemini. However, just one percent of retailers have achieved this […]

Internet

Delivery Hero Cedes German Market to Takeaway.com

Takeaway.com and Delivery Hero have settled a costly struggle for supremacy in the German food delivery market, with Takeaway agreeing to buy its larger rival’s businesses there for EUR 930 million ($1.1 billion roughly Rs. 7,700 crores). Markets greeted the agreement as a win for both companies. Shares in Dutch-listed Takeaway jumped 23 percent, while Delivery Hero gained […]

Internet

Google Shuts Down Censored ‘Dragonfly’ Chinese Search Engine Project After Internal Confrontation: Report

Facing widespread criticism over its “censored” Search engine for the Chinese market, Google has reportedly shut down a data collection system that was key to develop the search project code-named “Dragonfly”. According to a report in The Intercept on Tuesday, the move comes after hundreds of Googleemployees raised internal complaints that the project had been kept secret from […]

Internet

Oracle Sees Strong Third Quarter on Cloud Strength, Share Rise

Oracle Corp on Monday forecast current-quarter profit above estimates after growth in its cloud services and licence support unit helped the business software maker surpass Wall Street expectations for the second quarter. Shares rose 5 percent, with the company saying that excluding fluctuations in exchange rates, it expected third-quarter adjusted profit to be between 86 cents […]

Internet

PUBG PS4 Trophies Revealed, Similar to PUBG Xbox One Achievements

Trophies for PUBG PS4 have surfaced hours before the game’s December 7 release date. And it’s in line with the PUBG Xbox One achievements too. Considering that games like Overwatch have different PS4 trophies and Xbox One achievements, it wouldn’t be too far off to expect something similar from PUBG Corp for its debut PS4 […]

Internet

Google Search Harming Local Search Rivals? EU Antitrust Regulators Ask

EU antitrust regulators have asked Google’s rivals if the Internet search giant unfairly demotes local search competitors, according to a questionnaire seen by Reuters, a move which could lead to a fourth case against the Alphabet unit. Google has been fined a total EUR 6.76 billion ($7.7 billion) in the last 17 months for favouring its comparison shopping […]

Internet

Chinese Company Unveils First Satellite for Free Global Wi-Fi Service

A Chinese company has unveiled the first satellite in a constellation plan to provide free Wi-Fi service worldwide. According to the company, LinkSure Network, the satellite will be launched from Jiuquan Satellite Launch Centre in northwest China’s Gansu province next year and by 2020 there will be 10 satellites in space. The constellation will have […]

Internet

Airbnb Will Start Testing Prototype Homes as Soon as Next Year

Airbnb announced Thursday that it will begin testing prototype homes as soon as next year to accommodate the needs of owners or occupants who rent and share living spaces. The new project, called Backyard, is “an initiative to prototype new ways that homes can be designed, built, and shared,” the company said in a news […]