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“#ByteDance slashes jobs in India amid ongoing TikTok ban” TikTok parent ByteDance is slimming down its workforce in India, where the video-sharing app might be gone for good. The Beijing-based tech giant announced cuts to its more than 2,000-person India staff on Wednesday after officials there decided to maintain a ban on TikTok and 58…
“# Reserve Bank of India ‘exploring the possibility’ of a digital currency ” Less than a year after the Indian supreme court overturned the Reserve Bank of India’s ban on crypto businesses, and the bank’s position on digital assets is looking slightly more bullish. According to a booklet on payments released today by the Reserve Bank of…
“# Blockchain-aided voting trials to begin in India ” Trials of blockchain-aided voting in India which would enable voters to post ballots from outside their home provinces are to begin soon. Chief Election Commissioner Sunil Arora said that research using the cutting edge technology had already started and that mock trials were to be launched…
“# Breach at Indian exchange BuyUCoin allegedly exposes 325K users’ personal data ” Users of Indian crypto exchange BuyUCoin have reportedly been affected by a breach compromising personal data of more than 325,000 people. According to a report from Indian news outlet Inc42, a hacking group by the name of ShinyHunters leaked a database containing…
“#Indian journalist Nidhi Razdan falls for Harvard phishing hoax” An award-winning Indian TV journalist fell for an elaborate phishing scam in which she was tricked into thinking she’d been hired at Harvard University, she said Friday. Nidhi Razdan quit her job as a news anchor at the leading station NDTV after 21 years and announced…
“#Amazon India launches online academy to coach engineers” BENGALURU – Amazon.com Inc has launched an online academy to train students for one of India’s most competitive college entrance tests, the e-commerce giant said on Wednesday, as it taps a boom in virtual learning during the COVID-19 pandemic. “Amazon Academy”, available as a website and an…
“#Babies killed during a fire at Indian hospital” Ten newborns were killed on Saturday in a massive fire at a hospital in Maharashtra, India’s richest state, a doctor said, as leading politicians expressed grief at the loss of life. “The fire broke out at 2 a.m. today,” said Pramod Khandate, civil surgeon at Bhandara District…
“#India’s misguided internet shutdowns cost the country $2.7B in 2020” India has one of the largest internet userbases in the world. So, whenever the central or state government decides to cut internet access for one reason or another, a large number of people and businesses are affected; that results in a large monetary loss. According…
“# Indian crypto bank opens physical location, eyes 100 branches by 2022 ” Unicas, a joint venture between Indian online crypto banking platform Cashaa and United Multistate Credit Co-op Society has launched a physical crypto bank branch in Jaipur, India. Back in October, Multistate announced plans to offer both online and physical crypto banking services…
“# India ponders Bitcoin tax law to target $5B market ” India’s finance ministry has called for the enactment of Bitcoin (BTC) tax laws in the country. According to the Times of India, the ministry’s Central Economic Intelligence Bureau, or CEIB, recently submitted a draft document that proposes levying an 18% goods and services tax…