Amazon to close its online biz in China: Report

San Francisco: Retail giant Amazon will withdraw its domestic e-commerce marketplace business in China, effective from July 18, but will keep operating its other business sections, including Amazon Web Services, Kindle e-books and cross-border operations. Facing stiff competition from local online marketplace operators, including Alibaba, JD.com as well as the fast-growing Pinduoduo, Amazon’s exit from […]

Why BHIM is losing to other apps in UPI race

Digital transactions got a leg up post demonetization in November 2016 and so did the Unified Payments Interface (UPI), which was launched a few months before the note ban. A little later, the National Payments Corp. of India (NPCI) launched its own UPI app called BHIM, which took off in a big way. But the […]

Hackers may see what Netflix interactive shows you watch

Chennai: Despite Netflix’s move to encrypt all its video streams in order to better protect user privacy, hackers may still get to know what interactive content you watch on the popular streaming service, new research from the Indian Institute of Technology (IIT) Madras suggests. The researchers said that they can analyse Netflix’s encrypted interactive video […]

India’s digital infrastructure will revive economy: Nilekani

Bengaluru: Co-founder and Chairman of Infosys Technologies, Nandan Nilekani, said on Monday that India’s digital infrastructure will play a major role in reviving the economy. He was addressing FICCI members at the National Executive Committee Meeting on ‘Digital India and its Impact on Economy and Industry’ in Bengaluru. According to Nilekani, the country has witnessed […]