India Internet News

Marketplace sites fleecing book sellers

Author: Aziz Shroff - Published 2015-08-12 01:10

Marketplace is not beneficial to either seller or buyer for purchasing Academic and Professional books due to the current economic scenario, where sales are falling and overheads are increasing, which has forced the publishers and distributors to reduce their trade discounts, the current discount range between 25 to 32.50%, which makes it unprofitable for sellers to discount the books on third-party marketplaces.

It is a myth that purchasing on online marketplace is cheaper, the only advantage online marketplaces offer you is the convenience of sitting at home and ordering anything with just a click of the button, but for the price-conscious it is more beneficial to call up the local bookshop and ask for home delivery with discounted prices.

With a $16M valuation, Kolkata-based Wow! Momo raises funding from IAN

Author: Harshith Mallya - Published 2015-08-11 11:09

Indian Angel Network (IAN) announced its investment in Kolkata-based ‘Wow! Momo’, valued at over $16 million. In 2008, two friends, Sagar Daryani and Binod Homagai, from Kolkata conceived the idea of turning ‘momos’ into a diversified product category with versions appealing to different tastes. They had an operational start up before their exam results were announced. In its early days, the venture was bootstrapped with an initial investment of Rs.30,000.

India Post to Help Farmers Sell Their Produce Online; Will Add New Revenue Channel!

Author: Siddhant Ghatge - Published 2015-08-07 16:37

With the help of India’s postal department, farmers will now be able to sell paddy, cotton, pulses or any other farm products directly to the traders online that too without spending even a single buck on transport.

“The project will soon start in Andhra Pradesh and Telangana over the next couple of weeks,” said the chief postmaster general of the circle covering the two Telugu-speaking states, BV Sudhakar.

Twitter launches 4 new Indic languages

Author: Francesca Di Marco - Published 2015-07-31 23:40

Today we’ve made Twitter available in Gujarati, Kannada, Marathi and Tamil, and we’ve updated twitter.com and the Android app to support these additional Indian languages.

This update means we now support six Indian languages, since Hindi and Bengali have been available for more than a year. To make a change on the web, you can select your choice of language from “Settings” in the drop down menu on the profile.

Uber to invest $1 bn in India; targets 1 million riders a day

Author: Siladitya Ray - Published 2015-07-31 11:26

App based taxi aggregator Uber has plans to invest $1 billion into a major initiative in India to target 1 million rides per day by March 2016. The news comes in a few days after it was reported that local rival Ola is in talks to raise $500 million.

This move would likely result in the expansion of the company's service beyond the 18 cities it currently covers in the country and bring in more investment in product, hiring and payment. Much of Uber’s investment is also expected to go toward expanding the subsidies it offers to lure new passengers and drivers to the platform.

Firechat app allows users to message without an internet connection

Author: Unnamed Reporter - Published 2015-07-31 11:20

In a new innovative approach, FireChat, a mobile app for iOS and Android, lets users chat and message each other without having a working mobile data connection.

In April 2014, we heard how "the technique might someday be used to tie together thousands of devices with built-in radios and make it possible to be online without having to pay for the access. It could also enable online communications in remote areas or disaster zones without Wi-Fi or cellular signals. Furthermore, the conversations in these so-called “off-the-grid” networks can’t be easily hacked into by spies and mischief makers or shut down by governments trying to stifle free speech."

How to Protect Your Android Phone From the Stagefright Bug

Author: Greg Baugues - Published 2015-07-29 02:50

Disabling Auto Retrieve MMS will partially mitigate this vulnerability ahead of the official patch release.

All MMS media files will require a click in order to be viewed, but disabling this feature will prevent an attack from automatically executing on your phone. Turning off this feature does not fix the exploit entirely. So long as the bug exists, your Android device remains vulnerable and can be hacked if a malformed media file is downloaded by clicking on it. This vulnerability will not be completely fixed until a patch is released for your device, but this intermediate step can help mitigate the threat in the meantime.

Nasscom warehouse powers Kolkata's startup push

Author: Tasmayee Laha Roy - Published 2015-07-28 02:01

Software body Nasscom is aiding the process. It has set up a startup warehouse - a co-working space that offers space and other infrastructure to the budding entrepreneurs at a nominal cost - at the Salt Lake area of the city in association with the West Bengal government.

Eight weband mobile-based app developers operate out of this facility . Nasscom is second in the country as part of its 10,000 Startup initiative to scale up the startup ecosystem.

Amazon readies $5 billion chest for bigger play in India, to launch subscription-based ecommerce services

Author: Pankaj Mishra & Jayadevan PK - Published 2015-07-20 16:42

Amazon, the world's largest online retailer, is readying a $5-billion war chest to grow India into its biggest market outside the US, according to two people directly familiar with the company's decision. It is also set to add instant video and subscription-based ecommerce services for high-end buyers, called Amazon Prime, in India later this year.

Symantec Intelligence Report - June 2015

Author: Ben Nahorney - Published 2015-07-20 12:55

The spam rate today is the lowest since September 2003. According to data that Symantec collects from 57.6 million "attack sensors" spread across 157 countries and thousands of events logged every second, the overall spam rate has dropped to below 50% percent for the first time in over a decade.