Latest News Tech2 Technology 

Tesla Inc to define its China production plans by the end of the year

Tesla Inc took a step closer toward establishing an electric vehicle manufacturing plant in China with its announcement on 22 June that it is in exploratory talks with the Shanghai municipal government. Tesla has said it wants to build electric cars in China to avoid a 25 percent tariff on imported vehicles. The company did not provide a timeline for setting up a China plant, but said it expects to “more clearly define” its China production plans by the end of the year. Tesla shares closed up 1.7 percent at $382.61…

Read More
Latest News Tech2 Technology 

Ministers brainstorm measures to tackle telecom sector debt white govt discusses policy with TRAI

In a day of meetings, Telecom Minister Manoj Sinha discussed policy issues with TRAI Chairman R S Sharma, even as the inter-ministerial group began brainstorming separately to look for remedies at the whopping Rs 4.6 lakh crore debt that is ailing telcos. Sinha and Sharma held discussions in the presence of new Telecom Secretary Aruna Sundararajan and Telecom Commission Member (Finance), and Universal Services Obligation Fund Administrator. According to sources, the high-level meeting was held to discuss regulatory and policy issues in the sector and expedite the Bharat Net project….

Read More
Latest News Tech2 Technology 

“Pegasus” spyware capable of hacking any Apple device: Kaspersky Lab

Do you think your Apple iPhone and iPad devices are safe from spyware? Wait. There actually is a malware in the wild that targets Apple iOS users too, a study warned on 23 June. Apple iPhone and iPad users believe they are safe as iOS has additional encryption and data protection features to safeguard user data.  But according to Moscow-based cyber security firm Kaspersky Lab, “Pegasus” spyware is capable of hacking any iPad or iPhone devices. “Pegasus” harvests data about the victim and establish surveillance on them. It was discovered…

Read More
Latest News Tech2 Technology 

Indian oil and gas refiners plan to increase investments in digital technologies: Accenture

Nearly two-thirds of oil and gas refiners plan to increase their investments in digital technologies over the next three-to-five years, a new study revealed on 23 June. The study, conducted by global professional service company Accenture, said that reducing operational costs appeared most frequently in the top three business priorities that will drive the next digital investments of the refiners. “Oil and gas refiners in India have been facing significant turbulence in recent times and are, thus, relentless in cutting costs and improving predictability of plant operations,” said Sandeep Dutta,…

Read More
Latest News Tech2 Technology 

Russian communications watchdog threatens to ban Telegram app over lack of compliance

Russia’s state communications watchdog today threatened to ban the Telegram messaging app because the company behind the service had failed to submit company details for registration. In a message on its website, the Roskomnadzor agency warned that “time is running out” for Telegram to comply with the law. Otherwise “Telegram must be blocked in Russia,” it said. The free instant messaging app lets people exchange messages, photos and videos in groups of up to 5,000 people. It has attracted about 100 million users since its launch in 2013. In an…

Read More
Latest News Tech2 Technology 

Information and Cyber-Insecurity most significant threat to business in India: Report

A leading business chamber on 23 June ranked Information and Cyber-Insecurity as the most significant threat to business perception and operations in the country. According to a Ficci report, in the recent past, there has been an increase in the incidences of cyber-attacks and potential espionage on cyber-security. “‘Information and Cyber Insecurity’ has become more pronounced due to the shift that the nation is undergoing towards digitisation of various assets and services being delivered via internet and mobile platforms; and the ever-present loopholes that hackers breach upon,” said Ficci-Pinkerton India…

Read More
Latest News NASA Tech2 Technology 

TN Assembly hails team of young scientists who 3D printed a CubeSat launched by NASA sounding rocket

Tamil Nadu Assembly lauded a team of young scientists from Tamil Nadu whose satellite was successfully launched by NASA. Named ‘KalamSat’ after former President late APJ Abdul Kalam, the satellite weighs just 64 gm and was a payload of a NASA sounding rocket that blasted off from the US space agency’s Wallop island today. According to a release from the team, headed by Rifaath Sharook, KalamSat is a 3.8 cm Cube Satellite (Femto category), “weighing 64 grams.” The state Assembly was all praise for Sharook, the lead scientist hailing from…

Read More
Latest News Tech2 Technology 

Independent investigation finds no wrongdoing in Infosys acquisition of Panaya

An independent investigation has found no substance in whistleblower allegations of Infosys CEO Vishal Sikka being paid excessive compensation in relation to the company’s acquisition of Israel’s Panaya, the Indian IT major said today. The statement comes a day before the annual general meeting of the country’s second largest software services firm. The probe followed two anonymous letters in February that alleged wrongdoing in some of Infosys’ acquisitions, improper contracting and CEO compensation as well as expenditures. “Gibson Dunn and Control Risks have now completed their detailed and extensive Independent…

Read More
Latest News Tech2 Technology 

Shimla to get smart public transport system and eco-tourism boost with its Smart City budget

Himachal Pradesh Chief Minister Virbhadra Singh on 23 June said promoting smart public transport, developing footpaths for pedestrians, eco-tourism and better management of natural springs will be the top priorities for restoring the glory of the state capital under the Smart Cities Mission. Complimenting the residents of Shimla for the city being included in the smart cities list of the central government, he said the Smart City tag would help in its planned development. The state had submitted its proposal with the Union Ministry of Urban Development on  31 March….

Read More
Latest News Tech2 Technology 

Tata Consultancy Services among top two job creators in US from 2012 to 2016: Study

Global IT services, consulting and business solutions organisation Tata Consultancy Services (TCS) was among the top two job creators, recruiting more than 12,500 US employees from 2012-2016, a recent study by The Cambridge Group said. TCS ranked number one in terms of US employee growth during that period, the study said, according to a release issued by TCS. The Chicago-based Cambridge Group calls itself a growth strategy expert. “Our industry-leading US recruitment, advanced digital training of employees, and academic and STEM partnership programmes act as a key contributor to the…

Read More