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Coronavirus in China affecting the global tech sector: S&P

S&P Global Ratings has said that the coronavirus outbreak in China is disrupting the global technology sector as operations in the tech manufacturing hub are threatened. In China the virus outbreak has claimed 1,115 lives while the confirmed cases of infection jumped to 48,206....

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Microsoft head Satya Nadella likely to visit India later this month

As per news source, Microsoft Corp head, Satya Nadella has plans to visit India later this month. He is planning to visit the country between February 24 and February 26. He may visit New Delhi, Bengaluru and Mumbai.    ...

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India's banking sector to see increased use of blockchain technology in 2020

With several leading banks proactively investing in blockchain platforms as part of their digital transformation initiatives, the Indian banking sector is set to witness growth in the mainstream use of blockchain technology in 2020 and beyond, says GlobalData, a leading data and analytics company. ...

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Govt suspends FASTag fee from Feb 15 to 29

The ministry of road transport and highways has decided to waive off the FASTag cost of INR 100 for 15 days from February 15 to February 29.  This step by the government is seen to promote electronic toll collection, after making FASTag’s mandatory last year....

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Ola hits the streets of London

London streets on Monday were hit with 25,000 drivers registering on a platform offering rides in a market estimated to be worth nearly $3 billion. ...

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DJUBO launches hotel self-check-in experience: DJUBO Xpress

To ease out the guest check-in experience at hotels, DJUBO, a cloud based PMS platform, with all hotel technology verticals built into a single platform announced the launch of ‘Djubo X-press’, an iPad based self check-in app, which enables the guests to just walk-in, use a self check-in kiosk, issue room key cards and walk into the room with zero human intervention. ...

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Samsung India withdraws its consumer promotion scheme with Amazon Pay

After huge protests from the offline cell phone retailers, Samsung India has withdrawn its consumer promotion with Amazon Pay, for smartphones. The retailers protested as the offer would mean hooking the customer to Amazon and mandatory registration of retailers in the marketplace which would ultimately hurt their business. ...

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Deutsche Bank invites Amazon, Google and Microsoft to pitch for tech overhaul

Deutsche Bank is inviting bids from tech giants Amazon, Google and Microsoft are among to firms to fix the troubled German lender's outdated and fragmented technology networks, as per the Reuters. Citing people familiar with the plans, the wire service says the three US tech groups set up shop on site at Deutsche Bank in Frankfurt last week to come up with proposals, kicking off a three month pitch and bidding process....

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IBM X-Force: Stolen Credentials and Vulnerabilities Weaponized Against Businesses in 2019

IBM (NYSE: IBM) Security today released the IBM X-Force Threat Intelligence Index 2020, highlighting how cybercriminals’ techniques have evolved after decades of access to tens of billions of corporate and personal records and hundreds of thousands of software flaws. ...

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UGro Capital turns profitable within one year of operation

Non-banking lender UGro Capital has become profitable within 10 months of operations, with a net income of Rs 7 crore in the December quarter....