Small transfers of Bitcoin to El Salvador jumped over four-fold in May from a year ago but still represent a small amount when compared to remittances sent in dollars, data shared with Reuters showed. The Central American country last week became the first country to adopt Bitcoin as legal tender, with President Nayib Bukele touting
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Another spat between India’s government and US big tech has exacerbated disillusion among firms which have spent billions to build hubs in their largest growth market, to the extent some are rethinking expansion plans, people close to the matter said. The government on Saturday said Twitter had not indicated compliance with new rules aimed at making
Google doodle celebrates kick off for UEFA EURO 2020, the 16th UEFA European Championship. The doodle shows a football field in a park, and one of ‘o’ letters in Google is a football. It is not an interactive doodle as some have been in the past, but it links a UEFA EURO 2020 search results
Russian authorities on Thursday ordered Facebook and the messaging app Telegram to pay steep fines for failing to remove banned content, a move that could be part of growing government efforts to tighten control over social media platforms amid political dissent. A Moscow court fined Facebook a total of RUB 17 million (roughly Rs. 1.7 crores)
Leading Indian cryptocurrency exchange WazirX has received a show cause notice from the Enforcement Directorate for contravention of the FEMA, 1999, for cryptocurrency transactions worth Rs. 2790.74 crore, the enforcement agency shared in a tweet on Friday. The enforcement agency in a press release added that Chinese nationals had used the crypto exchange to launder
Flexiple co-founder and CEO Karthik Sridharan shared a fascinating story on Twitter of No Code tools that helped him build a startup with $2 million (roughly Rs. 14.6 crores) revenue. Flexiple is a network of top freelance developers and designers. The No Code tools, Sridharan said, cost his company just $80 (roughly Rs. 5,800) a
Euro 2020 is here — in 2021. Thank you, COVID-19. You might have thought they would have changed it to “Euro 2021” but no, UEFA — the European football body that organises it — is sticking to the Euro 2020 branding. Delayed a full year due to the pandemic, UEFA Euro 2020 will now run
15 GB of free storage with unlimited photo backup – Google Photos is undoubtedly an excellent cloud storage service, but now it is no longer free. Any photos and videos uploaded after June 1, 2021, will now be counted towards your 15 GB of free storage quota, and once you exhaust your free storage, you
Apple introduced a new iCloud+ service during the WWDC 2021 keynote speech. The service brings a bunch of new privacy features alongside the iCloud storage. These includes iCloud Private Relay, Hide My Email, and expanded support for HomeKit Secure Video cameras. The iCloud Private Relay feature brings added security to all the traffic leaving the
Following outrage against e-commerce giant Amazon after users claimed that a bikini having colours of the Karnataka flag and emblem was available for sale on its Canada site, state’s Kannada and Culture Minister Aravind Limbavali has said the government would take legal action. Calling it a matter of Kannadigas’ self-pride and that the government would not
A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on Bitcoin trading and mining. More actions are expected, including linking illegal crypto activities in China more directly with the country’s criminal law, according to analysts and a financial regulator. Last month, China’s State
The US and the European Union voiced concern over Nigeria’s decision to indefinitely ban Twitter after the US social media giant deleted a tweet from the president’s account for violating its rules. International human rights groups have also condemned the move, which followed previous attempts by the government of Africa’s most populous country to regulate
El Salvador’s President Nayib Bukele said on Saturday that he will send a bill to Congress next week to make Bitcoin legal tender in the Central American nation, touting its potential to help Salvadorans living abroad send remittances home. “In the short term this will generate jobs and help provide financial inclusion to thousands outside
Google agreed to make changes to some of its widely used online advertising services under a settlement with France’s antitrust watchdog released on Monday. The authority also fined the Mountain View, California-based company EUR 220 million (roughly 1,950 crores) after a probe found it abused its market power in the intricate advertising business online, where
Twitter could be working on a feature that will allow users to decide who can reply to their tweets after they’ve been published. It is still unclear how the feature will work exactly or when it will be rolled out to the general public since the company hasn’t made an official announcement yet. Notably, Twitter
A threatening video by ‘Anonymous’ — an international hacking collective — targeting Elon Musk, has garnered more than a 20 lakh views within a couple of days of being posted. “You may think you are the smartest person in the world, but now you have met your match. We are anonymous, we are legion”, were
Walmart-owned Indian e-commerce firm Flipkart is in talks to raise at least $3 billion (roughly Rs. 21,850 crores) from investors including Japan’s SoftBank Group and several sovereign wealth funds, Bloomberg News reported on Monday. The startup is aiming for a valuation of about $40 billion (roughly Rs. 2,91,130 crores) and is in talks with Singapore’s GIC Pte.,
Mozilla has extended its protection against cross-site tracking for all Firefox users accessing the Web through Private Browsing windows. The change comes through a security feature called Total Cookie Protection that is enabled by default on Firefox 89 — the latest version. Mozilla claimed that its Total Cookie Protection is based on a principle that
Internet and Mobile Association of India (IAMAI) has released the ‘ICUBE 2020′ report in partnership with Kantar and it predicts that active Internet users (AIU) in India are expected to grow from 622 million in 2020 to 900+ million in 2025. This indicates that there will be a growth of about 45 percent in the
A ransomware attack on JBS, the world’s largest meatpacker, by a criminal group likely based in Russia has strengthened the Biden administration’s resolve to hold Moscow responsible for costly cyber assaults – even if they are not directly linked to the Kremlin. US President Joe Biden has launched a review of the threat posed by