Tech & Internet
Apple complains Meta requests risk privacy in spat over EU efforts to widen access to iPhone tech
Apple and Meta clashed over EU's proposed interoperability guidelines for iOS. Apple argued that Meta's access requests threaten user privacy, citing potential access to sensitive data. Meta countered, accusing Apple of using privacy as a shield for anti-competitive practices. The EU is seeking public feedback on the proposed measures.
UK regulator criticises Google targeted adverts plans
The UK's data watchdog, the ICO, criticised Google's policy shift allowing "fingerprinting" to track users for targeted ads. This method, unlike cookies, makes it harder for users to control their data. The ICO called the change irresponsible, highlighting Google's past acknowledgement of fingerprinting's privacy issues and the difficulty users face in managing their digital fingerprints.
Synaptics partners with embedUR systems to cater to India’s smart device market
American chipmaker Synaptics joins forces with India's embedUR. They will develop affordable AI solutions for smart devices. This partnership targets India's growing market. It will focus on smart homes, healthcare, and automobiles. The collaboration aims to improve safety and offer personalised experiences. Synaptics seeks to diversify its supply chain beyond Taiwan.
NSDC International and edtech PhysicWallah launch ‘BIG initiative’ for education
This programme is launched with the aim of developing India into a global education hub. The edtech startup said in a statement that the initiative will concentrate on bridging the gap between education and employability through flexible, technology-driven learning pathways. The partnership aligns with recent developments, including UGC guidelines allowing online courses and the National Education Policy (NEP) 2020's focus on flexibility in education.
'Savings Wala Scooter' now to be available everywhere, says Ola CEO Bhavish Aggarwal
Ola Electric plans to establish 4,000 stores by 25th December 2024, aiming to make EVs accessible across India. This initiative includes co-located service facilities, new scooter models starting at Rs 39,999, and programs to train mechanics and onboard partners. The expansion underscores Ola’s commitment to accelerating EV adoption, particularly in rural and semi-urban areas, while reinforcing its leadership in the Indian EV market.
Apple close to winning Indonesian approval to end iPhone 16 ban
Indonesia banned the sale of Apple’s flagship device, the iPhone 16, last month. Over the weekend, President Prabowo Subianto was briefed on Apple's proposal at a meeting to discuss the tussle between the government and Apple. People familiar with the matter have informed that following the meeting, the country has warmed to the idea of lifting the ban.
KKR buys secondary shares in Rebel Foods valuing the cloud kitchen firm at around $800 million
A significant portion of the latest financing round comprises secondary share sales, conducted at a lower valuation of around $750-800 million. In contrast, the primary funding infusion was executed at a flat valuation of $1.4 billion. While secondaries are typically done at a discount to the last primary valuation, this transaction reflects a steep discount of approximately 50%.
MobiKwik shares skyrocket 14%, rally extends to second day
One MobiKwik Systems shares surged 14% after strong listing gains, posting 117% returns from its IPO price. The fintech firm benefits from a growing user base and digital payment adoption.
Chinese national cyber centre says US hacks stole trade secrets from tech firms
After years of being accused by Western governments of cyberattacks and industrial espionage, in the past two years several Chinese organisations and government organs have accused the United States and its allies of similar behaviour.
TikTok's rise from fun app to US security concern
TikTok became one of the most downloaded apps in the world as officials grew increasingly wary of the potential for the Chinese government to influence ByteDance or access user data. India banned TikTok in July of 2020 due to tensions with China.