Dec 29, 2020 - Are WhatsApp and Jio Cooling Off on Payments Partnership?

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TradeBriefs Editorial

From the Editor's Desk

Inside India's booming dark data economy

Thanks to lax privacy laws and high consumer demand, details on everything from how you shop to who you date are all for sale.

Ayushi Sahu was ambushed. One evening in 2018, five months after her wedding, the 21-year-old college student was visiting her parents in the central Indian state of Chhattisgarh, when her husband showed up unannounced, his father and uncle in tow.

As the men settled in the living room, her husband said he had something he wanted them to hear. He took out his mobile phone and pressed "play." The audio was loud and clear: private conversations between Sahu and her friends and family, which had been recorded without her permission. And it wasn't only audio: "call logs, SMS, and WhatsApp messages, each photo and video, recordings of my video calls - he claimed to have accessed everything," Sahu said. That was when she realized that her husband had, for months, been spying on her.

Continued here

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What's the problem with Cyrptocurrency Bill? Industry insiders explain

The proposed bill to ban cryptocurrency in India has spooked existing Bitcoin and other crypto investors, it is also keeping prospective investors at bay. However, some crypto experts see a silver lining. They say at least the government has finally start

Today's TradeBriefs Cartoon

MX Player likely to enter unicorn club with fresh $100mn+ funding: Report

The report says that the company is in talks with existing and new investors to raise $100-$150 million in new round

Google's interest-based user targeting to improve advertising impact: Experts

On Wednesday, the search giant said it will start testing user targeting based on their interest and browsing behaviour ensuring not only user privacy but also showing relevant advertisements. .The decision comes right in the middle of an ongoing user privacy debate triggered by multiple events

Razorpay announces ESOP buyback worth $10 million

The Bengaluru-based start-up with an employee base of 1,350 had entered the Unicorn club in October last year, after it raised $100 mln Series-D funding at a valuation of $1 billion

'Wanna see something funny?' Netflix launches TikTok-like feature on app

Tapping a 'Fast Laughs' tab added to the mobile app will launch a stream of funny snippets from movies, sitcoms, comedy routines, and television shows

How IATA digital travel pass will help international flyers in Covid-19 times

The global airlines’ body is in talks with leading Indian airlines to sign them up for its digital travel pass

View: India needs to provide clarity on tax issues that could emerge from new social media rules

The IT Ethics Rules state, ‘The significant social media intermediary shall have a physical contact address in India, published on its website or mobile-based internet application or both, as the case may be, for the purpose of receiving the communication addressed to it.’ Would this mean that such companies would necessarily need to have a physical place of business in India?

Facebook removes 530 Instagram accounts supporting Navalny

Moscow, Mar 4 (UNI) Facebook has removed 530 accounts on the social networking service Instagram, which were allegedly associated with the coverage of protests in the support of Russian opposition figure Alexey Navalny.

India beats China to lead investments in fintech among APAC nations: S P

Investments into the fintech landscape of India was almost double than China (more than $1 billion), a report by S&P Global Intelligence said.

India led the world in internet shutdowns in 2020: Report

At least 155 internet shutdowns in 2020 disrupted access for people in 29 countries, according to a report on Wednesday from digital rights group Access Now

Naomi Klein: how big tech helps India target climate activists

The long read: Companies such as Google and Facebook appear to be aiding and abetting a vicious government campaign against Indian environmental campaigners

Direct-to-digital movie premieres to phase out as theatres make a comeback

According to trade experts, Varun Dhawan’s Coolie No.1 and Akshay Kumar’s Laxmii would have made close to ₹80 crore and ₹100 crore respectively, had they released in cinemas

Sony is working on a system that turns bananas into game controllers

While gaming consoles still have a big market, companies like Sony haven’t been able to bring prices of VR and MR headsets down to really affordable levels just yet.

Zoom recovers from hours-long outage, says issues were likely due to internet gl

Outage tracking website showed nearly 2,000 incidents of people reporting issues with Zoom

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