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Thursday, January 29, 2015
India’s cyber-security budget 'woefully inadequate': Experts

India’s cyber-security budget 'woefully inadequate': Experts

India's cyber-security budget was more than doubled last year. Yet, it is "woefully inadequate" in the wake of revelations made by US National Security Agency contractor Edward Snowden and increasing cyber-attacks on government infrastructure, according to experts. In 2014-15, the Department of IT has set aside Rs 116 crore for cyber security. The country has proposed to.....more
Today’s headlines
Enterprise
Ericsson’s India revenues up 20%, highest in eight quarters
Ericsson India revenues in the fourth quarter of 2014 grew 20 per cent to SEK 2.4 billion, or $289 million. India now contributes 4 per cent of the Swedish major’s global revenues compared with 24 per cent from the US and 6 per cent from China.... more
Facebook launches 'Lite' app for Android users
Facebook said on Monday it is testing a lightweight version of its mobile app for mobile phones with poor-quality internet connections in emerging markets. A spokesman told AFP in an email that the 'Facebook Lite' Android app is designed... more
Microsoft profit falls on sluggish Windows sales
Microsoft Corp has reported a fall in its quarterly profit that was in line with Wall Street forecasts, as sluggish personal computer sales dampened demand for Windows software and the company struggled with the impact of the strong US dollar.... more
Policy & Regulation
Telecom spectrum auction deferred by a week to March 4
The telecom department has postponed the start of spectrum auctions by a week to March 4. The last day for submitting applications has been put off to February 16. "We decided to postpone the auctions since we are still working out the answers.... more
Technology
Cyanogen wants to wrestle Android away from Google
Cyanogen, the company behind the popular open source operating system and the OS of choice for last year's OnePlus One, wants to be even more independent from the Google-based software that lies at its foundation. According to Cyanogen's CEO.... more
Reports
Microsoft stock records biggest one-day fall since Nadella's inception
Investors wiped $35 billion off Microsoft Corp's market value on Tuesday without any clear-cut, single explanation. The world's largest software company, whose shares had climbed about 30 per cent over the past 12 months to near 15-year highs.... more
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