Jony Ive design chief of Apple is leaving the company after nearly three decades of service later this year. The news has been confirmed by the company.
Month: June 2019
Traffic violation fines will now shoot up drastically as the new Motor Vehicles Bill is expected to be presented in the upcoming Parliament session. The bill was formed after 2019 general elections and has been approved by the cabinet. After the Lok Sabha cleared in 2017, it was still pending in the Rajya Sabha.
Enterprises must pause in their race to join the rate race for IoT to avoid the security and data breaches. AI and IoT: two sides of the same coin. When the leaders think about the benefits of IoT devices – which are undeniably numerous – they often forget to simultaneously assess the risks of data breaches associated with those devices.
Unacademy, India’s largest learning platform, announced the closing of its $50 million Series D funding round from Steadview Capital, Sequoia India, Nexus Venture Partners and Blume Ventures. Aakrit Vaish (Co-Founder & CEO, Haptik) and Sujeet Kumar (Co-Founder, Udaan) also participated in the round, along with Unacademy Founders, Gaurav Munjal and Roman Saini.
IndiaFirst Life Insurance, promoted by Bank of Baroda and Andhra Bank, successfully carried out a life insurance awareness drive through the month of June 2019, to commemorate the National Insurance Awareness Day. As a part of this drive, the company conducted 50 service camps pan-India, at the partner bank branches – Bank of Baroda (BoB) and Andhra Bank (AB). Spreading awareness on Life Insurance, IndiaFirst Life took this initiative to bring risk protection to every strata of the social fabric, in-line with the Insurance Regulator Development Authority of India (IRDAI) mission.
India’s National Association of Software and Services Companies (NASSCOM) announced its collaboration with apex healthcare industry body NATHEALTH. The partnership is with NASSCOM’s Center of Excellence for the Internet of Things (CoE IoT) and will leverage the benefits that IoT and AI can bring to the healthcare sector. They aim to deploy emerging technologies,to ensure better delivery of healthcare.
Sophos (LSE: SOPH) announced that it has acquired Rook Security, a pioneer and leader in managed detection and response (MDR) services to Provide Managed Detection and Response. Rook Security provides a 24/7 team of cyberthreat hunters and incident response experts who monitor, hunt for, analyze and respond to security incidents for businesses of all sizes. The privately-owned company was founded in 2008 and is headquartered in Indianapolis, Ind.
According to a report, Deputy Governor of the Reserve Bank of India (RBI) Viral Acharya has resigned six months ahead of the end of his three-year tenure due to personal reasons.
In a bid to position Extreme Networks as a key player in the end-to-end enterprise networking space, Extreme Networks bought Aerohive Networks for $272 million in cash. The Milpitas-based Wi-Fi router maker Aerohive Networks jumped 39 percent in early trading today.