Tag Archives: over

Sebi taps finance ministry over new tag for foreign-owned MFs

Mumbai: The markets regulator has written to the finance ministry over its recent circular tagging foreign-controlled mutual funds as investment vehicles, two people familiar with the matter said. The regulator’s intervention comes amid fears that the new rules could force several equity asset managers to freeze investment activity and even sell their holdings. The Securities and Exchange Board of India (Sebi) made its representation ... Read More »

Google faces anti-trust probe over new Internet protocol that may give it an unfair competitive advantage

SAN FRANCISCO: Google is under an anti-trust probe over a new Internet Protocol that could give the tech giant an unfair competitive advantage, the media reported. The US House Judiciary Committee is investigating Google’s plans to implement DNS-over-HTTPS in Chrome, a new standard that aims to improve internet privacy and security by encryption, reports the Wall Street Journal. Google plans to begin testing the new protocol – that aims ... Read More »

Internet goes crazy over #YouAreOfficiallyOldIf trend. Nostalgic, right?

Netizens shared pictures of cartoons and objects on Twitter as #YouAreOfficiallyOldIf trended. (Photos: Twitter) Ahashtag that is trending online will surely make Friday even better for you because it will bring back old memories. Especially if you are a 90s kid, you will certainly end up taking a trip down memory lane. #YouAreOfficiallyOldIf is the hashtag in question and netizens ... Read More »

Move Over SpaceX. Amazon Wants To Launch Thousands of Internet Satellites Too

Back in April 2019 Amazon signaled its intention to get into the internet satellite business. Following in the footsteps of SpaceX and their Starlink satellite system, Amazon intends to launch thousands of internet satellites in the coming years. Now that they’ve filed their application with the FCC, we have more details of their plan. Amazon is calling their system Project Kuiper, and they ... Read More »

Ethiopia anger over texting and internet blackouts

Ethiopians are angry that the country’s text messaging service has been shut down since Thursday without any explanation. Internet blackouts, which began last Tuesday, are also still affecting many areas of the country. The state-run Ethio Telecom, the country’s only telecoms provider, has refused to comment on the outages. The closure of the services coincides with nationwide exams, which some ... Read More »

Google Says It’s Removing Over ‘100 Bad Ads Every Second’

] HIGHLIGHTS Scammers were purchasing search ads: WSJ “They were masquerading as authorised service agents for companies” Google will roll out a verification programme in coming months Google is removing over 100 scam advertisements every second for violating its policies and will soon implement a verification programme to further weed out bad actors from its platform. After The Wall Street Journal reported that ... Read More »

Facebook Sued by Shareholder Over Record Stock Plunge

Days after Facebook’s stock suffered the largest drop in Wall Street history, a shareholder sued the company, accusing the social media network of making misleading statements about its user numbers and operations. The plaintiff, James Kacouris, filed the lawsuit Friday seeking class-action status and to recover damages. Kacouris alleged that Facebook and its chief executive, Mark Zuckerberg, violated federal securities laws by misleading shareholders about ... Read More »

Xiaomi Opens Its 1000th Service Centre in India, Has Presence in Over 600 Cities

HIGHLIGHTS The 1000th service centre has been opened in Hyderabad, Telangana It marks 100 percent year-on-year growth 500 centers are authorised for Mi TV repairs Chinese phone maker Xiaomi on Wednesday announced the opening of its service centre number one thousand in India. The company which has presence in over 600 cities in the country, opened up its 1000th service centre in ... Read More »

US Congress Spars Over Social Media Filtering; Companies Skip Hearing

Democrats and Republicans in the US House of Representatives on Thursday sparred over the role of social media platforms Facebook, Google and Twitter in filtering content after representatives of the tech companies skipped a hearing. Republicans repeatedly suggested at a House Judiciary Committee hearing that Facebook, Alphabet’s Google and Twitter are censoring or blocking content from conservatives, a charge the companies denied. Lawmakers from both parties agreed ... Read More »

BlackBerry Must Face Revived US Lawsuit Over BlackBerry 10

A US judge on Monday rejected BlackBerry’s request to dismiss a lawsuit claiming it inflated its stock price and defrauded shareholders by painting a misleadingly positive picture of sales prospects for its BlackBerry 10 smartphones. While an earlier version of the case was dismissed in March 2015, Chief Judge Colleen McMahon of the US District Court in Manhattan said the proposed class action can ... Read More »