Latest IT Technology news in India varin
VARindia is one of the Best It Tech magazine & website to get daily Latest IT Technology fresh news in India with varindia. Daily visit on
NXP Semiconductors shifts its chip design workloads to Amazon's cloud. NXP Semiconductors shifts its chip design workloads to Amazon's cloud NXP Semiconductors N.V. has announced that it is moving the vast majority of its electronic design automation workloads to Amazon Web Services Inc.’s public cloud platform.
The company has selected AWS as its preferred cloud provider. By moving its EDA workloads to Amazon’s cloud, NXP will gain increased efficiency and more compute power that should help it to design a new generation of faster and more powerful computer chips for the automotive, industrial “internet of things,” mobile and communications infrastructure sectors. According to Amazon, NXP has already seen benefits that include enhanced collaboration and increased EDA throughput since moving to AWS, while reducing costs and gaining more time to focus on actual design, rather than managing compute resources. Shifting to the cloud also enables NXP to leverage key AWS analytics and machine learning services that can aid its research and development efforts.
Punit Goenka breaks his silence on the ongoing tussle between Zee Entertainment and Invesco. Punit Goenka breaks his silence on the ongoing tussle between Zee Entertainment and Invesco The MD & CEO of Zee Entertainment Enterprises Limited (ZEEL), Punit Goenka has finally opened up on the ongoing issue with its investor Invesco by issuing a statement.
In the statement, he said that he isn’t worried about his position but about the future of the media company. IndiGo's Ronojoy Dutta considers Tata-owned Air India as a formidable competition. IndiGo's Ronojoy Dutta considers Tata-owned Air India as a formidable competition With the recent takeover of Air India by Tata Group is now all ready to enhance the service standards at Indian airlines.
India’s largest carrier in terms of market share - low-cost carrier IndiGo has also announced plans to improve its services. “I see them as formidable competition but I welcome them. It is a sensible thing. IT Department detects import under-invoicing, tax evasion by laptop firm. IT Department detects import under-invoicing, tax evasion by laptop firm The Income Tax Department has detected "large-scale" under-invoicing of imports after it recently raided a trader of laptops and mobile phones, the CBDT said.
The searches were carried out on October 10 at locations in the National Capital Region, Haryana and West Bengal. Almost the entire business has been found to be run through such modus operandi," the Central Board of Direct Taxes, the policy-making body for the tax department, said in a statement. The evidences found and seized during the course of the search reveal that the payments for such under-invoiced goods to foreign consigners have been made through hawala channels. It said Rs 2.75 crore cash was seized during the operation. Ingram Micro signs distribution agreement with Cybersecurity solutions provider NetFoundry. Ingram Micro signs distribution agreement with Cybersecurity solutions provider NetFoundry In a bid to enhance the growing demand into cyber security portfolio, Ingram Micro inked agreement with NetFoundry to its cloud portfolio in India.
NetFoundry is a renowned provider of embeddable zero trust, high performance, cloud-native networking. With the radical acceleration of cloud and app adoption, zero trust is designed to protect modern digital environments, rooted in the principle of “never trust, always verify”. OPPO India launches programme to boost the start-up ecosystem in India. OPPO India launches programme to boost the start-up ecosystem in India OPPO India today launched the OPPO Elevate Program to stimulate entrepreneurs and technology enthusiasts, to come together, share different ideas for 'virtuous innovations'.
The program aims to inspire incubation activity to create a healthy ecosystem for entrepreneurs and the start-up cohort. Through this program, OPPO aims to accelerate the overall innovation culture in India and mentor start-ups who have the potential to bring the next big technological change in the industry. Through this program, OPPO aims to accelerate the overall innovation culture in India and mentor start-ups who have the potential to bring the next big technological change in the industry. Through a robust partnership, the OPPO Elevate program will help young startups with the some very interesting ideas to enter a fast-growing ecosystem of innovation. Expanding CryptoRom iPhone Scam Rakes in at Least $1.4 Million. Expanding CryptoRom iPhone Scam Rakes in at Least $1.4 Million Sophos, a global leader in next-generation cybersecurity, has released new insight on an international cryptocurrency trading scam targeting iPhone users through popular dating apps, such as Bumble and Tinder.
A report detailing the latest findings, “CryptoRom Fake iOS Cryptocurrency Apps Hit US, European Victims For At Least $1.4 Million,” It shows that the operation has escalated. The attackers have expanded from targeting people in Asia to include people in the U.S. and Europe. Sophos has uncovered a Bitcoin wallet controlled by the attackers that contains nearly $1.4 million in cryptocurrency, allegedly collected from victims. Expanding CryptoRom iPhone Scam Rakes in at Least $1.4 Million. US regulators fined Tether with $41 mn. US regulators fined Tether with $41 mn The digital token company, Tether has agreed to pay $41 million in order to settle charges that the company misled investors by claiming the token was fully backed at all times by U.S. dollars and other fiat currencies.
As per the Commodity Futures Trading Commission (CFTC), it fined Tether Holdings with making untrue or misleading statements and omissions in relation to its claims. The U.S. regulator has found out that since its token launch in 2014, Tether Holdings represented that it was a “stablecoin” with its value pegged to fiat currency, including U.S. dollars and euros. A stablecoin is a digital currency backed by real-world assets such as national currencies or other commodities. Airtel partners with Intel to accelerate 5G in India. Airtel partners with Intel to accelerate 5G in India Bharti Airtel (“Airtel”) announced a collaboration with Intel for 5G network development by leveraging vRAN / O-RAN technologies.
The collaboration is part of Airtel’s 5G roadmap for India as it transforms its networks to allow its customers to reap the full possibilities of the hyperconnected world where Industry 4.0 to cloud gaming and virtual / augmented reality become an everyday experience. Airtel is the first telecom operator in India to demonstrate 5G over a LIVE network and is conducting 5G trials in major cities. Randeep Sekhon, CTO - Bharti Airtel said, “Airtel is delighted to have Intel as a part of its rapidly expanding partner ecosystem for 5G. Quantum obtains HCI pioneer Pivot3's Video Surveillance Tech. Quantum obtains HCI pioneer Pivot3's Video Surveillance Tech Quantum announced an agreement to acquire the video surveillance portfolio and assets of Pivot3, a pioneer in hyperconverged infrastructure (HCI) and a leader in intelligent software solutions for the security and surveillance markets.
The acquisition brings a diverse portfolio of video surveillance appliances, network video recorders (NVRs), and management applications along with a scale-out hyper converged software platform, which going forward will all be offered under the Quantum VS-Series product portfolio. With the acquisition, valued at about $8 million in cash and stock, Quantum gets Pivot3 technology with a focus on storing and managing video surveillance data, as well as over 500 new surveillance customers, over 40 personnel and Pivot3’s erasure coding technology, said Curt Wittich, Vice President of Sales for Strategic Markets at San Jose, Calif.
-based Quantum. Fortinet secures bug on unauthenticated hackers run code as root. Fortinet secures bug on unauthenticated hackers run code as root Fortinet has released updates for its FortiManager and FortiAnalyzer network management solutions to fix a serious vulnerability that could be exploited to execute arbitrary code with the highest privileges. Both FortiManager and FortiAnalyzer are enterprise-grade network management solutions for environments with up to 100,000 devices. They are available as a physical appliance, as a virtual machine, in the cloud, or hosted by Fortinet. This type of bug occurs when a section of memory is erroneously marked as free and a program then tries to use it, resulting in a crash. Hackers put to use 16 years old Security Bug impacting millions of HP, Samsung, Xerox Printers.
Hackers put to use 16 years old Security Bug impacting millions of HP, Samsung, Xerox Printers A 16-year-old security vulnerability affecting Millions of HP, Samsung, Xerox Printers Driver allows attackers to gain admin rights on systems using the vulnerable driver software. As per the researchers, some HP, Xerox, and Samsung printer models contained vulnerable driver software, sold worldwide since 2005.
Hundreds of millions of printers have been released worldwide to date with the vulnerable driver in question. The buggy driver automatically gets installed with the printer software and will be loaded by Windows after each system reboot. HCL Technologies Wins 2020 Google Cloud Specialization Partner of the Year. HCL Technologies Wins 2020 Google Cloud Specialization Partner of the Year HCL Technologies (HCL), a leading global technology company, today announced that it has received the 2020 Google Cloud “Specialization Partner of the Year” for Infrastructure award.
This award honours partners with the Infrastructure Specialization who helped their customers succeed in 2020 by building strong customer infrastructure and workflows on Google Cloud. Salesforce Completes Acquisition of Slack. Salesforce Completes Acquisition of Slack Salesforce (NYSE: CRM), the global leader in CRM, today announced it has completed its acquisition of Slack Technologies, Inc. “We couldn’t be more excited to have Slack as part of the Salesforce family, combining the #1 CRM and the trailblazing digital platform for the work anywhere world,” said Marc Benioff, Chair and CEO of Salesforce. “Together we’ll define the future of enterprise software, creating the digital HQ that enables every organization to deliver customer and employee success from anywhere.” Pegasus become a global headache, targets thousands of people around the world. Pegasus become a global headache, targets thousands of people around the world Pegasus is a spying software developed by Israel's NSO.
Reports claim that phones of over 40 Indian journalists were hacked. The Chairperson of the parliamentary Standing Committee on Information Technology, Dr. Shashi Tharoor has demanded an independent probe into the matter. It is becoming clear that perhaps there is a need for an independent enquiry headed by a Supreme Court judge who would have the power not just to summon witnesses, but also to weigh the evidence in a judicial manner.
British telecoms group invests in Indian company Safe Security. QR code to support Singapore transition to cashless society. Today Latest Technology Fresh News IT Tech Business Varindia. Tableau partners with AICTE to empower educators and students in over 10,500 higher education institutions across India. Ericsson signs multi-year 5G deal with Verizon worth $8.3 billion. Spinny secures $108 million funding in its Series D round. NHA CEO RS Sharma says, data on CoWIN portal safe and secure. Robinhood Markets aims for US$35 billion valuation in mega US IPO. Pegasus 'snooping': No factual basis, an effort to malign Indian democracy, says IT Minister.
AI-based risk technology SaaS platform TERA Finlabs acquired by Razorpay. Blackstone acquires a controlling stake in Simplilearn. Govt's tax collection on petrol, diesel rises 88% to Rs 3.35 lakh cr in FY21. Ethereum founder stepping down, cites personal security concerns. Japan sets a world record with fastest internet speed set at 319 Tbps. NVIDIA Inference Breakthrough Makes Conversational AI Smarter, More Interactive From Cloud to Edge. Today Latest Technology Fresh News IT Tech Business Varindia.
Zomato's CEO Deepinder Goyal joins the board of magicpin. Cryptocurrencies- Revolutionizing the Traditional Financial Industry. Amitabh Kant feels revival of Indian economy linked to funding in quality infrastructure. End-User Spending on IT Services in India to Reach $18 Billion in 2021. Facebook received 646 reports through grievance mechanism in India. Pegasus spyware reported to hack phones of journalists, politicians in India. Blackstone is betting big on India. Hackers can steal WhatsApp user's chat backups! WhatsApp to add new features to secure the Chats. It's Time to be brave, stretch fiscal deficit targets: KV Kamath.
Zoom acquires intelligent cloud contact centre Five9 for $14.7bn. Will provide food at 40% discount with only Rs 3,000 cr loss' says, Harsh Goenka. The latest release of iOS 14.5 update slowing down the iPhone. Japan sets a world record with fastest internet speed set at 319 Tbps. Tableau partners with AICTE to empower educators and students in over 10,500 higher education institutions across India. Today Latest Technology Fresh News IT Tech Business Varindia. Gated Applications – Breach of Data Privacy. Telecom department drags CSC for delaying BharatNet work. Israeli group Candiru has sold tools to hack Windows. A former employee demanding Rs.48 lakhs after stealing company data. SBI alerts users to stay away from links and apps that offer gifts or cash. Brookfield Infrastructure and Digital Realty together to invest $2 bn in data centres. Google comes up with eighth security update of its Chrome web browser. Wipro to get back employees to offices from September onwards. Netradyne valued $1 billion by raising $150 million from Softbank Vision Fund.
PM Modi lays foundation stones of multiple development projects worth over Rs 1,500 crore in Varanasi. Reliance Retail Ventures Limited acquires controlling stake in Just Dial for a total consideration of Rs 3,497 Crores. Cryptocurrencies- Revolutionizing the Traditional Financial Industry. Inshorts secures $60 million fund from Vy Capital and existing investors. Today Latest Technology Fresh News IT Tech Business Varindia. Ex-Nutanix CEO, Dheeraj Pandey introduces Startup DevRev. Amazon bags Facebook's satellite internet group. Airtel Business with Cisco brings next-gen SD-WAN connectivity solutions for enterprises. Web Werks Signs MoU with the Government of Karnataka for ₹750 Cr. Zomato IPO received a strong response from the investing community. WhatsApp messages cannot be used as evidence in a Court of Law, says SC. WhatsApp bans 20 lakh Indian users in a period of one month.
Revolut recognised as the most valuable fintech, raises $800 million. Imminent' ransomware targeting firmware, says Sonicwall. We want to be the best partner for our partners, says Satya Nadella at Inspire 2021. IBM acquires Bluetab to expand hybrid cloud service offerings. Today Latest Technology Fresh News IT Tech Business Varindia. Microsoft unveils Windows 365 - ushering in a new category of computing. Parag Arora to head Citrix Business in Newly United Sales Region of India and Asia. Digital Realty and Brookfield Infrastructure to Establish Joint Venture in India. ASUS India launches wide range of Chromebook today. NSEIT gains a majority stake in Cloudxchange.io. NSEIT gains a majority stake in Cloudxchange.io. Piyush Goyal designated as Leader of House in Rajya Sabha. Fullerton India names Rahul Bhardwaj as the CIO. Ex-Nutanix CEO, Dheeraj Pandey introduces Startup DevRev.
Amazon bags Facebook's satellite internet group. Today Latest Technology Fresh News IT Tech Business Varindia. NSEIT acquires a majority stake in an integrated cloud service provider cloudxchange.io. SBI reports high petrol, diesel prices made people spend less on healthcare, other discretionary items. For online fraud complaints Pune Police announced dedicated Helpline. Devusinh Chauhan takes charge of unstarred Parliament questions on telecom. Google agrees to buy Pring, Japan's payments firm. BSNL union requests DoT to clear dues of ₹30,000 cr. Thales aids mobile operators with advanced voice biometric authentication. NxtGen Launches SpeedCloudTM High Performance Computing as a Service (HPC-aaS) to enable mainstream accessibility. Indore Police's website hacked, slogans like 'free Kashmir' posted. Russia's most aggressive ransomware group disappeared. GST officials files 8,000 cases in ITC frauds worth Rs.35,000 crore in FY21.
Google faces huge penalty from France government against copyright now. Today Latest Technology Fresh News IT Tech Business Varindia. Tathagat Jena, Ex Samsung Marketing Head joins Rediffusion. Rajeev Pandey steps down from his Accenture India Delivery MD. Ashwini Vaishnaw, Devusinh Chauhan to speed up BharatNet deployment.