Chinese search engine giant Baidu Inc said on Monday it had hired the finance chief of Weibo Corp as its chief financial officer, marking a leadership change for the firm as its hones its focus onto artificial intelligence. The appointment of Herman Yu, Weibo’s CFO since 2015, sees Baidu stalwart Jennifer Li step down as CFO after almost a decade in the role to become a senior adviser to Baidu’s top management, the company said in a statement. Baidu is trying to drive a recovery in its fortunes after a string of regulatory investigations last year hit profit. A sharper focus on mobile and artificial…
Author: Loknath Das
Read More
Alphabet Inc’s Google said it had disabled a “majority” of the offensive keywords that BuzzFeed found could be used by advertisers to target people searching for racist and anti-Semitic topics. Google, the world’s biggest advertising platform, not only allowed advertisers to target searches such as “Why do Jews ruin everything” but also suggested the user to run ads next to searches such as “the evil jew” and “jewish control of banks”, a campaign by BuzzFeed discovered. The ads were visible when such keywords were searched for and Google’s ad buying platform tracked the ad views, according to the internet media company’s report based on…
Airtel Payments Bank on Sunday said it has become the first payments bank in India to integrate the Unified Payments Interface (UPI) on its digital platform. This will add to customer choice and convenience for making secure digital payments to online/offline merchants and making instant money transfers to any bank account in India, a company statement said in New Delhi. “This would allow all our 20 million bank customers to create their personalised UPI handles on the Airtel app and enable them to make digital payments in both the offline and online space. Our bank customers would also be able to link their bank accounts on BHIM app and…
The Central Board of Secondary Education (CBSE) has asked all its affiliated schools to get the “psychometric evaluation” of all employees, including teaching and non-teaching staffs, done by professional psychologists within two months. The school board issued the circular with fresh guidelines for the safety and security of students on Wednesday, days after the murder of an eight-year-old boy by a bus conductor, who slit the throat of the Class 2 student after allegedly trying to sexually abuse him inside the toilet of Ryan International School in Gurgaon. Psychometric evaluation is designed to measure a person’s suitability for a role…
Online lender Social Finance, which is currently investigating claims of sexual harassment by employees, said on Friday its chief executive, Mike Cagney resigned, effectively immediately. The company had said on Monday that Cagney would stay on as CEO until a successor was found. Executive chairman Tom Hutton will become interim chief executive officer, the company said on Friday. Cagney’s resignation comes after the San Francisco-based company known as SoFi launched an investigation this month into claims that current and former employees were sexually harassed at work. In a note to employees on Monday night, Cagney said “a combination of HR-related…
SHANGHAI (Reuters) – Chinese authorities have ordered Beijing-based cryptocurrency exchanges to stop trading and immediately notify users of their closure, signaling a widening crackdown by authorities on the industry to contain financial risks. Exchanges were also told to stop allowing new user registrations as of Friday, according to a government notice. The notice was signed by the Beijing city group in charge of overseeing internet finance risks and circulated online. A government source verified it to Reuters. Platforms should also tell the government by Wednesday Sept. 20 how they will allow users to make withdrawals in a risk-free manner and…
Dehradun: Enthused by the success of its pilot project on operationalising an early earthquake warning system in Uttarakhand, IIT Roorkee is planning to deploy the first-of-its-kind system across all seismic-prone major cities of the north India. This project in India is part of the overall research being conducted by the institute in the field of earthquake engineering and is an extension of the pilot project undertaken in the Himalayan region. As a pilot, which started in 2015, IIT Roorkee was the first institute to deploy 84 sensors in seismic gap region of the Garhwal Himalayas in Uttarakhand with the help of…
Back when HTC launched its U11 smartphone, we mentioned that its Edge Sense feature sounded gimmicky but was found to be useful in performing certain functions. At the time, we felt that the feature was still on a rather restricted side but it seems like this complaint might be going away now. HTC has now updated its Edge Sense app to allow users to assign per-app squeeze functions to increase the utility of the feature further. The Verge reports that HTC has started rolling out the beta update for the Edge Sense app for Android. As mentioned earlier, with this update, users can assign per-app squeeze functions to…
The Telangana State Public Service Commission (TSPSC) has issued a notification for the recruitment of approximately 68 child development project officers (CDPO)/additional child development project officers in women development and child welfare department of the state on its official website. Interested and qualified candidates need to apply online through the proforma application, which will be made available on commission’s website. The application can be submitted between September 18 and October 16. The dates of the written examination (objective type) will be announced later and the hall tickets can be downloaded seven days before the exam begins. The examination will be either…
Paytm Payments Bank (PPB) has partnered with the National Payments Corporation of India (NPCI) to launch a RuPay-powered digital debit card. With the PPB Digital debit card, customers will now be able to transact at all merchants who accept credit and debit cards. The RuPay-powered digital debit card will be issued to all customers who have opened their bank accounts with PPB. Existing Paytm users need to complete a KYC process to become an account holder with PPB. Following this, they will be issued a free digital RuPay card. This debit card will come with a free insurance cover of up to…