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India’s New Data Law is Hurting Facebook and other Tech Giants

In the wake of Indian government's new data protection initiative, global tech giants such as Facebook, PayPal, and others are now in a fix. The new directive mandates the technology companies to store and process critical personal data within India's boundaries. Since Facebook, Mastercard, and PayPal are already bogged down by such laws in China and Vietnam, the C-level executives fear that this law is going to…

Gfinity and Ove Arup & Partners join hands to Bring forth World-class eSports Facility

Ove Arup & Partners, an engineering design and planning firm, has joined hands with one of the leading eSports organization, Gfinity, to build a world-class eSports facility. Both the companies will thrive to combine their skills and resources to develop a blueprint for a scalable, adaptable, specialist playing, watching, learning, and broadcasting platform that will enable gamer's to play, share experiences,…

Kredent InfoEdge Garners Pre-Series A Funding from Ramesh Damani and others

Among the fresh wave of funding that has been ushered on startups, Kredent InfoEdge Pvt. Ltd unraveled today that it has received Pre-series A funding from renowned stock market investor Mr. Ramesh Damani and few others. Positioning itself as one of the leading Fintech startup delving into financial education and stock market data analytics, Kredent InfoEdge Pvt. Ltd has garnered funding for the first time from…

British Lawmaker Demand Stringent Regulation on Cryptocurrencies

In order to bring the vast network of cryptocurrency under control, which resembles more like "Wild West", British lawmakers have called for stringent regulations. As per one of the reports on digital currencies, this step is taken to protect consumer interest and prevent money laundering.  The lawmakers have pinpointed that due to the sudden rise in popularity, cryptocurrencies are used to carry out fraudulent…

Facebook Mired in Controversy around Gender Biased Jobs

The social media giant Facebook is again mired in controversy in the US after the organization was alleged of giving employers the control to discriminate against women that are seeking jobs in Facebook. The American Civil Liberties Union (ACLU) along with Outten & Golen LLP, an employment law firm, on Tuesday, dragged the social media giant alongside ten employers before the US Equal Employment Opportunity…

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Alibaba and SAP Collaborate to Ease Cloud Transition and Build Intelligent Enterprise

Alibaba Group Holding Ltd. (NYSE:BABA) and SAP SE (NYSE: SAP) announced its plans of collaboration to offer SAP S/4HANA® Cloud and SAP® Cloud Platform on Alibaba's Cloud infrastructure as IaaS service in order to facilitate cloud migration and transition, thereby building intelligent enterprises. In the Computing Conference 2018, held in Hangzhou, China, Alibaba CEO Daniel Zhang and SAP CEO Bill McDermott detailed

Is the world ready for Blockchain?

Blockchain, the buzzword of the tech world, the messiah that is supposed to lift all our security worries is often confused with Bitcoin and other cryptocurrencies. However, of late, the proliferation of blockchain has been immense. Today, it is used in a diverse set of industries including finance, banking, manufacturing, supply chain, healthcare, and more. The widescale adoption is a direct outcome of

Larsen & Toubro bags Rs 2,048 crore contracts for power and distribution business

During the filing in BSE (Bombay Stock Exchange) on Tuesday,  Larsen and Toubro has announced that "its construction business has received the contract worth of Rs 2,048 crore for two business segments," which includes the contract order of Rs 1,63 crores for The power transmission and distribution business in domestic market, where the company will build a 400/220kV Gas Insulated substation in Andra Pradesh and…

RailMitra adds AI and machine learning programs to provide customized solutions for travel planners

When it comes to Indian Railways, no word can describe its vastness. Akin to the official mascot Bholu, Indian Railways indeed is the elephant of the transportation world. Spread across the length and breadth of the country, railways carry 23.9 million Indians daily covering 1,21,407 Km of total track. It is also the fourth largest railway network by size. Admittedly, such a huge network needs a robust management…

TigerWit partners with Liverpool FC

The UK-based global fintech company, TigerWit, launched its blockchain-based trading app today. Interestingly, TigerWit also announced its partnership with the renowned football club Liverpool FC. This is a massive news for the firm and it also expects great returns from the deal. As the 'Official Forex Trading Partner of Liverpool FC', TigerWit is all set to enhance its brand recognition. Through this enormous…