With an increasingly large number of goods and services moving onto digital platforms, cash still rules as the king of payments in India and average withdrawals from ATMs have reached a record high of Rs. 5,000. Despite UPI payments touching 2 billion Rupees, cash withdrawals have increased 10% compared to 2019, November.
Moderna’s CEO Stephane Bancel has announced that they are planning to charge $25-$37 (depending on the quantity ordered) for their Covid-19 vaccine. He was reportedly quoted saying “Our vaccine therefore costs about the same as a flu shot, which is between $10 and $50.” Moderna had earlier announced that it has developed a new vaccine for Covid-19 and the vaccine was 94.5% effective in preventing Covid-19 according to the preliminary data collected from a stage-3 clinical test.
The Tamil Nadu government has brought out an ordinance banning online gaming involving betting in the backdrop of a recent spate in suicides by gamers, who had allegedly lost money online. “The people who are found gaming will be punished with a fine amount of Rs. 5,000/- and six months imprisonment.” The ordinance further goes on to ban “electronic transfer of funds” used for wagering or betting, distribute the winnings, prize money
According to a report filed in KrebsOnSecurity.com, Employees of GoDaddy, the world’s largest domain registrar were fooled into handing over controls of top cryptocurrency trading platforms like Liquid and NiceHash. The CEOs of both sites have confirmed this attack and have said in separate blog posts that it looks like no emails, passwords, or any personal data have been accessed. GoDaddy too confirmed that a limited number of staff had fallen victim to a social engineering scam and it is taking steps to prevent further attacks.
Amazon India has announced the launch of STEP, which is a performance-based benefits program designed to help the 7 Lakh sellers trading on the the Amazon.in platform. STEP will launch on the 1st of December, 2020 and will be accessible to all sellers. STEP will help simplify the seller experience by providing customized and actionable recommendations to the sellers to improve customer experience. STEP will provide multiple benefits like fee waivers, faster disbursement cycles, priority seller support and free account management. STEP will also provide a Dashboard on Seller Central to help sellers track their performance, benefits and growth.
According to an image of the Google’s Phone app, shared by Reddit user ‘u/DominusLux’, Google has apparently changed the color scheme of the app icon too. Google still hasn’t made any official statement about this change and the newly named app is still not available for download.
The bug will let anyone to access and download a user’s Fleets without triggering a notification that the user’s Fleet has been read and this bug could be used with an app, which communicates with Twitter’s back-end systems via its developer API. Twitter had earlier said that even though the Fleets are designed to disappear completely, it could still hold on to them for 30 days if they violate their rules. That means using this flaw; a user can access and download Fleets with unique URLs from the server even after 24 hours. A Twitter user named @donk_enby detailed this happening in a series of tweets. Twitter says it is aware of this and is working to fix it.
The center has issued a gazette notification which will allow Ayurveda post graduates to perform surgeries like Ortho and Dentistry. The gazette also notified that training modules for surgical procedures should be added to the curriculum of Ayurveda. The Indian Medical Association (IMA) however condemned the move and has called it a retrograde step of mixing the systems. This notification was made by the Central Council of Indian Medicine (CCIM) when it amended the Indian Medicine Central Council (Post Graduate Ayurveda Education) Regulations, 2016 to authorize Ayurvedic doctors to perform 39 listed surgical acts. CCIM has called this move Indian Medicine Central Council (Post Graduate Ayurveda Education) Amendment Regulations, 2020.
Missing estimates for new subscribers during the Covid pandemic, US-based content-streaming platform Netflix has announced that it will host a ‘StreamFest’ in India, that will allow non-subscribers to experience the service for free during the weekend. Netflix StreamFest kicks off December 5 at 12:01 am and ends December 6 at 11:59 pm. All a non user needs to do is set a reminder for the StreamFest on http://netflix.com/StreamFest by signing up with their name, email/phone number and a password and start streaming without any payment. In its effort to provide great quality service to all viewers, Netflix will be limiting the number of free viewers and if users see a “StreamFest is at capacity” message, Netflix will let them know when it is good to stream again.
Hong Kong has now barred all Air India flights for the 5th time till the 3rd of December. Hong Kong normally suspends flights of any airline whose five or more passenger test positive on arrival, for two weeks and those passengers testing positive has provided the reason for the ban.
In an apparent bid to compete with Zoom and other web-communication platforms, Microsoft has announced an all-day video calling option that will let Microsoft Teams users make personal video calls for free. According to Mashable, this new feature supports up to 300 participants and users can now make personal calls from their desktops and web apps. Microsoft does not intend to impose any time limit on these calls too, thus giving them an advantage over other web-communication platforms.
Bengaluru based Scapic, is a cloud based platform and will help Flipkart accelerate its efforts towards “deeper camera experiences, virtual storefronts, and new opportunities for brand advertising on its platform.”
Video conferencing platform Zoom’s new feature, At-Risk Meeting Notifier will alert conference organizers whenever it finds a Zoom meeting URL online. This, as Zoom says is to prevent increasing instances of Zoombombing or unwarranted interruptions to online meetings. The At Risk Meeting Notifier will scan public posts on social media sites and other public online resources for Zoom meeting links to help identify which meetings could potentially get Zoombombed.
After reports of Huawei finalizing a buyer for the Honor smartphone unit, It is now official that Huawei will sell the brand to a consortium of over 30 agents and dealers. The buyers will be setting up a new company called Shenzen Zhixin New Information Technology (SZNIT) to complete the deal. Huawei will no longer be a part of the Honor brand and the deal will include all the Honor assets. Huawei was finding it tough to keep the brand going as it was facing sanctions from the US, which has placed them on the entity list and has barred many chipmakers from supplying chips to them.
An online dating hack was discovered on dating app Bumble which could potentially compromise online privacy for millions of Bumble users. This security flaw was discovered by researchers from Independent Security Evaluators (ISE). The researchers found out that attackers could easily obtain sensitive information of every Bumble user, even if they had been previously banned from the app. These attacks are possible as Bumble does not perform necessary checks to ascertain whether a user is authorized to perform a specific action or is sending out legitimate requests nor does it lay down a limit on the number of requests that could be sent out.
India’s largest carmaker Maruti Suzuki claims to have sold over 2 lakh cars online and said their digital channel now covers nearly 1,000 dealerships across the country. The digital inquiry and sales contributions are exceeding 33% since the last 5 months due to the Covid-19 pandemic. Maruti Suzuki initiated an online sales platform back in 2017 and there have been over 21 lakh customer enquiries through its digital channel. According to a Google survey, around 72% of buyers search for their dealer online and over 95% potential buyers are digitally influenced.