By chaos, Jackson is referring to the avalanche of open source software code out there that’s used anonymously for some very important projects. GitHub.com alone hosts some 40 million developers, he pointed out. “We are building the world’s critical infrastructure on software somebody else wrote, a stranger with unknown skills, motivations and desires, but the desire to innovate is so high, we’re willing to accept the risk of using some random person’s software invention,” Jackson said. Sometimes developers understand the practical use of the open source code they’re creating, and sometimes they don’t, according to Jackson. Some of it is…
Author: Loknath Das
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Residents predict the future of technology. While each one of us have witnessed how the process of communication has evolved, the technological advancement in the 21st century has completely revolutionised the way we communicate in an unimaginable way. For years, information was relayed to us through traditional media channels like radio, TV and newspapers, but in the last 10 years, the biggest change that has taken over the communication process by a storm is the near-instant communication by email, instant messaging and social networking. With most people now having access to instant communication right in their pockets, communication of the…
Without a doubt, social media has changed the way we live in the world. It has become a tool for us to meet new people, access information and demand political change in this day and age. Did you know that social media platforms are used by one-in-three people in the world and by more than two-thirds of all internet users? That’s a lot of active users! Social media’s influence amongst the world’s internet users is undeniable. So yes – while it’s true that social media may rule the internet and our social lives, our question is, is social media is king for businesses…
According to eMarketer, Facebook lost over 2 million users under the age of 25 in 2018, which set a trend for the entire year of 2019. We are already heading into 2020 and the number of Facebook users keeps dropping. However, it’s not only Facebook that is losing members but also other social network technology enterprises such as Twitter and LinkedIn. The problem is not in anything that Mark Zuckerberg did lately. In fact, the reason why general social networks such as Facebook are becoming less interesting is the growing interest in vertical networks. What Are Vertical Social Networks A…
Our cars are literally becoming mobile devices running on software platforms. Safety is critical when it comes to automobiles, because written safety standards and our lives depend on it, necessitating mission-critical embedded systems. Enter BlackBerry QNX, designed not to fail, innovating the way cars automate both safety and entertainment features. The company is covering all the bases with fail-safe connectivity and software that meets the needs of users, according to Grant Courville (pictured), vice president of products and strategy at BlackBerry Ltd. “Where things have to be reliable, safe, secure, work all the time, that’s where you’ll find our software — factory floors, we’re…
Will enable identity verification, better tracking of users Data Protection Bill requires social media companies to create e-KYC like validation process. The validated users will get something like a blue tick or ‘visible mark of verification, which shall be visible to all users of the service’. This will turn companies like Facebook and Twitter into e-KYC firms, allowing government to identify the identity of each ‘verified profile’. Experts feel this will, on the one hand, increase compliance costs for social media companies, while at the same time, allow government to track individuals on social media more effectively. In addition, the…
‘As the first Facebook employee who worked on paid political marketing in Europe, I am convinced that simply banning political ads on social media fixes nothing.’ Photograph: Denis Charlet/AFP via Getty Images Most people celebrated when Twitter announced its ban on political ads in October, and for good reason – there’s a lot wrong with the current state of political campaigning online. But as the first Facebook employee who worked on paid political marketing in Europe, I am convinced that simply banning political ads on social media fixes nothing; in my opinion, it encourages inflammatory, polarising rhetoric and drives campaign money…
Ujjivan Small Finance Bank Ltd received a staggering response from investors to its initial public offering on the final day on Wednesday with the issue being the third most oversubscribed IPO in India. The offering of 123.95 million shares, excluding the anchor allotment portion, received bids for about nearly 20.52 billion shares towards the end of day three, stock-exchange data showed. The book was subscribed to 170 times on the final day. This is the third-best investor turnout in an IPO, after those of Apollo Microsystems and Capacit’e Infraprojects. As for Ujjivan SFB, the quota reserved for retail investors, whose bid application…
MUMBAI : Payments banks can apply for conversion into small finance banks (SFBs) after five years of operation, provided they meet the eligibility criteria, the Reserve Bank of India (RBI) said on Thursday, as it announced the final guidelines for on-tap licencing of private sector SFBs. The promoter of a payments bank is eligible to set up an SFB, provided that both banks come under the non-operating financial holding company (NOFHC) structure, according to the guidelines. Existing rules do not allow payments banks to lend and deposits are capped at ₹1 lakh per customer. If these entities get the licence of small…
NEW DELHI: Finance minister Nirmala Sitharaman said the recent corporate tax rate cut was aimed at attracting investments and creating jobs while clarifying that the reduction in minimum alternate tax was applicable from the beginning of the current financial year. “We think we will attract investment by reducing tax rate,” she told Parliament, while adding that several countries had done the same. She was speaking during the debate on the Taxation Laws (Amendment) Bill that was passed by the Lok Sabha, replacing a September 20 ordinance. The MAT clarification would have come as a relief as the text of the bill had said the…