Bitcoins stolen from Unocoin accounts; Bengaluru exchange says will make refunds

In what seems to be a widespread hack, multiple investors on Bengaluru-based Bitcoin exchange Unocoin have reported unauthorised transfers of the virtual currency from their accounts. Users have reported unauthorised transfers of 0.25 BTC from their Unocoin accounts. The exchange has accepted the responsibility of the situation and has assured customers about refunds in case […]

Bitcoin Cash to split from Bitcoin on August 1, not much support in India

At midnight on Tuesday, August 1, the Bitcoin blockchain will split, giving rise to a new cryptocurrency that will go by the name of Bitcoin Cash (BCC / BCH). If you are a Bitcoin user from India and want to move to Bitcoin Cash, then be prepared to move your Bitcoins to a private wallet […]

Facebook shuts AI system after bots create own language

Facebook shuts AI system after bots create own language

Days after Tesla CEO Elon Musk said that artificial intelligence (AI) was the biggest risk facing the world, Facebook has shut down one of its AI systems after chatbots started speaking in their own language defying the codes provided. According to a report in Tech Times on Sunday, the social media giant had to pull […]

UIDAI files FIR against Ola executive for violating Aadhaar Act, suspected data theft

UIDAI_files_FIR_ola-executive-ead

The Unique Identification Authority of India (UIDAI) has filed a complaint against Ola executive Abhinav Srivastava accusing him of “providing authentication and e-KYC API services in an unauthorised manner”, in violation of the provisions of the Aadhaar Act, signalling theft of data using the ID platform as bait. The FIR, addressed to the commissioner of […]

Amazon in talks with smaller e-grocers to fix gaps in supply chain

Amazon is looking to stitch partnerships with local e-grocers to improve the fill rate of its orders, said two sources in know of the matter. For now, Amazon has fill rate of 90% to 92%, which means the company is able to provide nine out of every 10 products in any order. If we compare […]

Internet grows to over 330mn domain name registrations

The internet grew to 330.6 million domain name registrations in the first quarter of 2017 as nearly 1.3 million registrations were added. According to VeriSign, a global leader in domain names and internet security, 1.3 million domain name registrations across the globe translates to a growth rate of 0.4% over the fourth quarter of 2016. […]

WhatsApp has 1bn daily active users globally

WhatsApp has garnered one billion daily active users around the world who transfer over 55 billion messages and one billion videos everyday, the company said on Thursday. The monthly active users of Facebook-owned WhatsApp are over 1.3 billion and it supports 60 languages globally. Over 4.5 billion photos are shared around the world on WhatsApp […]

With 2bn users, Facebook profits up 71% in Q2

Clocking over two billion monthly active users (MAUs), Facebook has posted a net income of $3.89 billion in second quarter of 2017 — up 71% from the same quarter last year. Riding on increased mobile video ad sales, Facebook stocks hit record high as total revenue was up 44.8% to $9.32 billion, the company said […]

Google announces winners of SMB Heroes 2017 initiative

Google-announces-winners-of-SMB-Heroes-2017-initiative

As a part of its Digital Unlocked campaign aimed at digitally empowering small and medium businesses (SMBs) in the country, Google India on Wednesday announced the winners of SMB Heroes 2017. SMB Heroes, an initiative launched earlier this year, is aimed at recognising businesses that have embraced technology to power their growth. Farida Gupta was […]

Kaspersky Lab releases free antivirus software

Russian cybersecurity firm Kaspersky Lab has launched its free version of antivirus software Kaspersky Free to "secure the whole world".

Russian cybersecurity firm Kaspersky Lab has launched its free version of antivirus software Kaspersky Free to “secure the whole world”, a media report said. “We believe that everyone has the right to be free of cybersecurity fears,” Eugene Kaspersky, chairman and CEO of Kaspersky lab said on the occasion of its 20th anniversary, Xinhua news […]