The largest private equity fund in the world, SoftBank Vision Fund, is thinking of a $500 Million investment in the ZhongAn Online Property and Casualty Insurance Co. Ltd. at the Hong Kong original public offering. ZhongAn is claimed to be first Internet-only insurer of China. The above information was given last week to the media,…
Month: September 2017
Sebi Requests Registrars to Have Healthy Framework of Cyber Security
Sebi this week claimed share transfer agents and large registrars to put in place a healthy framework of cyber security, comprising strict management of outsourced staff having authorization to significant systems. The move of the regulator also came at a time when there was increasing cases of cyber attacks, and in late times, exchanges have…
Facebook Bars Rohingya Militant Group
Facebook claimed that it has barred a Rohingya revolutionary group from its website, assigning it a “dangerous organization” since data on the intensifying crisis is muddied by hate speech, claims, and counter-claims on the social media. The social media platform is a main tool in the data war happening in Myanmar’s Rakhine state over violence,…
Chinese Handset Producers Grab 27% of Russian Smartphone Market
Not just India, China-based smartphone producers have grabbed more than 25% of the smartphone market in Russia in the quarter two of 2017, a report claimed to the media this week. Smartphone manufacturers all over the world grabbed around 60% of handset market and developed 10% in sequence, chased by Chinese handsets with 27% share…
Yamaha Continues the Retro Series with Its Stylish 2018 Yamaha V Star 250
With the upcoming Yamaha V Star, Yamaha continues to roll out its series of retro badge two wheelers. The company has invested loads of bucks for the development of precise retro model. And in case of this vehicle, it has earned the honor in a sincere way. Since the first model of this was launch,…
Vodafone’s New Data Plan Provides 1 GB Data Each Day at Rs 344
One of leading telecom service provider of India, Vodafone, has launched out a fresh scheme for its prepaid users. The new offer pack with a price tag of Rs 344 provides 1 GB data each day and limitless national and local calls with 28 Days of validity. The scheme is valid to all 3G, 2G,…
Oncostem Locks $6 Million From Sequoia-Led Round
OncoStem Diagnostics, the Oncology-focused startup, has lacked $6 Million (almost Rs 38.5 Crore) in a funding round led by Sequoia India that witnessed contribution from Artiman Ventures, the current investor. This data was given by some of our trusted sources with a sole condition of being unnamed. The firm, which is aimed on personalized cancer…
Xafecopy Rob Victims via WAP Billing
A study by concealed cyber security solution company has exposed a mobile malware aiming at the WAP billing payment technique, robbing money via the mobile accounts of the victims without their awareness. The Xafecopy Trojan is camouflaged as useful apps such as BatteryMaster, and works normally while furtively loading malicious code and decrypting onto the…
From Now on Whatsapp Will Authenticate The Business User Profiles
WhatsApp is one of the popular messaging apps that is commonly being used among the people across the globe. The increasing number of people using the messaging app has resulted in higher threat rates regarding the spread of fake news, data breaching, and so on. Facebook has thus come up with the best of security…
Meizu All Geared up to Take On the Market
Meizu, the Chinese smartphone brand, has showcased a picture of a forthcoming handset that is fully bezel-free. The image came up on Weibo and according to the image it is dubbed as Meizu mblu Zero, with “New display world” as the tag line. The post from Weibo also cited that the handset will be accessible…
Bad News for Chinese Smartphone Makers in India
A survey conducted on 50,000 individuals has exposed that a bulk of Indian users find products of their country more dependable than the ones traded in from China. “Is this good made in China?” is the query many users in India abidingly ask the vendor while purchasing most of the goods these days. Chinese goods…
YouTube experimenting live watch counts in its Android app
Android specific, is the new feature that YouTube is testing for its mobile users. The feature allows users view at a given moment how many other persons are seeing the video. The counter of live viewing is seen by restricted users, something that points to the part that this feature is not a part of…