Mindtrees poser to L&T: Why us, why not build your own IT company

Hours after the L&T CEO tried to play down ‘hostile’ tone to his company’s move to acquire Mindtree, the promoters of the technology firm held a press conference, reiterating their stand against the attempt, calling it unprecedented and unexplainable. “Mindtree will continue to oppose L&T’s takeover attempt,” said Chairman Krishnakumar Natarajan in the press conference. […]

Instagram testing wheel layout for ‘Stories’

San Francisco: Facebook-owned photo-messaging app Instagram is testing a selector wheel format to display filter options for ‘Stories’ on its platform. The semi-circular wheel of options was first spotted by reverse engineer Jane Manchun Wong, who also highlighted that the test feature reduced the eight camera options to three, Social Media Today reported on Tuesday. […]

ICICI Lombard, MobiKwik join hands to provide cyber-insurance cover of Rs 50,000

NEW DELHI: ICICI Lombard and Mobikwik Monday announced a partnership to offer cyber-insurance cover of Rs 50,000 crore to protect against online frauds. General insurer ICICI Lombard and digital financial services platform Mobikwik said the partnership aims to provide protection against unauthorised and fraudulent transactions online, across bank accounts, debit/credit cards and mobile wallets. The […]

Christchurch shootings: New Zealand firms consider pulling ads from Facebook, Google and other social media platforms

MELBOURNE/SYDNEY – Some New Zealand companies are weighing whether to advertise on social media, as two industry groups urged them not to in the wake of last week’s mass shooting in Christchurch that was livestreamed on Facebook and redistributed on other platforms. Fifty people were killed and dozens wounded in the shootings at two mosques […]