Archive: December 2020

Delhi Police has said that there was a rise in cybercrimes in Delhi during the COVID-19-induced lockdown. As many as 135 cases of cybercrime, on an average, were reported in Delhi every day in May, police said after analysing nearly 33,000 cases registered till November this year. In January this year, 1,480 cybercrimes were reported against 4,188 cases in May.

An antitrust lawsuit by Texas and nine other states alleged that Google and Facebook, two of the biggest players in online advertising, consolidated their power and weakened competition through collusion. "Facebook decided to dangle the threat of competition in Google's face and then cut a deal to manipulate the auction," it said. High-ranking company officials approved the deal, it said.

Cloudtail India, the largest seller on Amazon India, suffered a major supply disruption after its GST registration was suspended in Haryana, which is its warehousing hub. The suspension was revoked after 20 hours, leading to confusion among vendors and ultimately a 1-2 day delay for inbound shipments. No specific reason for the suspension was stated.

A petition has been filed in the Delhi High Court seeking a detailed legal framework for regulating fintech companies such as Google, Facebook and Amazon. The petition claims that unregulated operation of such companies in financial sector can lead to financial crisis. The High Court has issued notice to RBI, SEBI, NPCI and IRDAI seeking their stand on the plea.

The global market capitalisation or the combined value of all the listed stocks in the world crossed $100 trillion for the first time ever, according to Bloomberg data. This is equal to 115% of the global GDP. The US has a market cap of $41.6 trillion, while China’s was $10.7 […]

Google is allowing employees back on campus for outdoor-only meetings because remote isn't always enough

42 food delivery riders arrive with same order at same home due to app glitch As many as 42 food delivery riders arrived with the same order at the same address for a seven-year-old girl in the Philippines due to an app glitch. “She made orders when internet connection was […]

To President-elect Joseph R. Biden, Jr.: Congratulations on your historic election victory. The below undersigned organizations are a broad coalition that represent millions of Americans concerned about the concentrated power of Big Tech companies. We look forward to working with your administration to address the harms posed by Big Tech. […]

1) Creating (and maintaining) maps for self-driving cars is difficult work First, a quick clarification: Lots of car companies, from GM to BMW to Tesla to Uber, are working on various species of autonomous technology. Some of this is partial autonomy, as with Honda’s Civic LX, a car now on […]