A 360° view on tech world
India’s ongoing efforts to boost local manufacturing of iPhone devices seem to have paid off to some extent, as the locally-manufactured iPhone shipments grew 162% year-on-year by value in 2022, according to Counterpoint. On Tuesday, the market research firm said that Apple now captures 25% of the total value of the smartphone market in India […]
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India’s Enforcement Directorate is investigating “several” crypto cases for money-laundering schemes and has seized $115.5 million to date in such crimes, the Ministry of Finance said, the latest in a series of crackdown by the authorities on the nascent space that is already reeling from the tremulous market conditions. The Indian crime fighting agency has […]
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Indian at-home salon platform Yes Madam exposed the sensitive data of its customers and gig workers due to a server-side misconfiguration. The Noida-based Yes Madam operates in over 30 cities in the country, according to the firm’s website. The platform offers salon services at home, including therapies, massage, spa, and male grooming. Yes Madam’s mobile […]
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Xiaomi — the company that originally made its name as “the Apple of China” — broke out of its home market and became a household name in India shortly after its debut in 2014. Its initial, rapid success was with phones, but that gave Chinese company the velocity to take on other product categories, where […]
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Emerging Indian social media app Slick left an internal database containing users’ personal information, including data of school-going children, publicly exposed to the internet for months. Since at least December 11, a database containing full names, mobile numbers, dates of birth, and profile pictures of Slick users was left online without a password. Bengaluru-based Slick […]
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Sophos is laying off about 10% of its global workforce, TechCrunch has learned. Sophos confirmed the layoffs in an email to TechCrunch. “Sophos today announced an internal restructuring which has resulted in job losses and the start of consultation periods that potentially will affect 10% of our global employee base,” said Jitendra Bulani, a spokesperson […]
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Google has warned that growth in the use of Android in India may stall due to an antitrust order issued by the Indian antitrust watchdog last year over the U.S. company’s domination in the country. The order, which was issued by the Competition Commission of India (CCI) in September, found that Google had abused its […]
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Microsoft plans to collaborate with the Indian space agency to give Indian space tech startups free access to cloud tools, the two said Thursday, the latest in the U.S. tech giant’s attempts to deepen its ties with young firms in the South Asian market. As part of a memorandum of understanding that Microsoft has signed […]
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India’s tax rules on crypto, which went into effect last April, has resulted in local exchanges ceding the lion’s share of the market to those operated by foreign players, according to a new report. Binance, Coinbase and other foreign exchanges commanded 67.6% of the crypto market share in India as of October 2022, up from […]
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India said on Thursday that under its ongoing G20 presidency, it will prioritize the development of a framework for global regulation of unbacked crypto assets, stablecoins and decentralized finance and will explore the “possibility of [their] prohibition” in a potentially large setback for the nascent industry. India began its year-long presidency of the Group 20 […]
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