232 Banks with Android Apps hit by a Trojan

Quick Heal, an organization for cyber-security informed news sources of  detection of an Android Trojan malware associated with banking apps . It is called Android.banker.A2f8a. Users are directed to download Flash player from third party stores, which is fake and harmful. It obtains personal data from banking and crypto currency apps, based on reports by News 18.

“Users are expected to keep their records on the apps safe. They should avoid downloading any third party store apps,” opined Sanjay Katkar, Chief Technology Officer and Joint Managing Director of Quick Heal Technologies.

The Indian Express informed that banking apps of Axis, HDFC, SBI, ICICI, IDBI, Union Bank and Bank of Baroda are some names from many others who have been targets of data theft. Users are requested to provide administrative rights to this app after setup. It continues to pester users till they do the needful. After obtaining rights, the app connects with these financial apps with a hidden app icon. It tries to obtain data from 232 such apps.

This app is not only limited to access of banking information. It mentions locations, divulges contact lists and messages. These are transferred to a vindictive server. “After Android 4.1, Adobe Flash Player is not available on the Google play store and consumers who have banking apps on their phones need to beware of such an issue,” mentioned Quick Heal sources.

 

Sources: Indian Express, News 18

Bharti Airtel, Nokia Join Hands on 5G, IoT Applications

The road ahead for internet technology in India looks promising as the Finnish telecom equipment manufacturer Nokia and India’s largest telecom service provider Bharti Airtel announce the creation of an important paradigm for network evolution to the 5G-technology standard and Internet of Things (IoT)-enabled devices, on Wednesday.

So what’s in it for us? Interestingly, The 5G technology promises to enhance dramatic improvements in high data speeds, network latency, and agility, as well as the ability to enable new technologies such as network slicing.In turn, this will enable network operators to support an exponentially growing number of customers and the billions of customers connected IoT devices with the promise of consistent quality of service.

Additionally, the technology will also give an impetus to smarter cities and rural communities, connected vehicles, industrial automation, remote healthcare and a myriad of business possibilities.

“The 5G and IoT applications have tremendous potential to transform lives and we are pleased to partner with Nokia to enable these future technologies for our customers,” Abhay Savargaonkar, Director-Network Services (India and South

Asia), Bharti Airtel, said in a statement.

Currently, The effort by Nokia and Airtel will be to continue to build on 4G in the most efficient way in terms of power, operations, and cost effectiveness, making more advancements in quality and product reliability.

 

SOURCES: NDTV, Tribune

IMAGE SOURCE: Reuters

First of its kind, solar road opened in France

 

On Thursday morning France has opened what it claims to be the first solar road in the world in a small village of Normandy named Tourouvre-au-Perche.

This comes as an experiment from the government sponsored experiment to see if the programme can generate enough electricity to power the street lights in a village with the population of 3400 residents.

The one kilometre long road was opened yesterday by French Ecology Minister Ségolène Royal, the road has 2800 sq. meters of solar panels for a price tag of a whopping $5.2 million dollars.

The specifications of the panels involve a silicon based resin covering which helps them to withstand the weight of the passing big vehicles. The traffic frequency is going to be of around 2000 motorists per day.

Based on the results of this experiment the French ministry wants to see solar panels installed one in every thousand kilometres of French highway.

The move has also invited certain criticism from technology experts; Marc Jedlikczka, vice-president of Network for Energetic Transition told to Le Monde that the move is certainly a step in advance but one cannot look past the amount that the gadget has been put for which resonates to similar opinions in the French media for unreasonable and uneconomical usage of public money

Interestingly Normandy isn’t much known for having sunshine as it enjoys 44 days of strong sunshine per year in contrast to 170 per year for Marseilles.

The solar panels are made by Colas, the company hopes to reduce to cost of the panels by a substaintial amount in the future and already has around 100 projects in progress around the world.

Previously a solar powered cycle path was opened in Krommeine in the Netherlands and despite technical glitches it generated 3000 kWh of energy- enough to power a family home of four for a year.

SOURCES:

The Guardian , The Verge

Image Source:

Getty Images 

Snapchat to snap: Software to Hardware: Is it really required?

Snapchat is developing from more than an application to something bigger. With around 310 million monthly clients, Snapchat is as of now at a high platform with regards to long range informal communication. Discussing the change, for one thing, the organization has rebranded itself as Snap Inc. The organization, now Snap, has declared the dispatch of its new item, called Spectacles, which looks truly cool, as well as accompanies a much cooler component and reason. Adhering to its saying of keeping your recollections alive in snaps and recordings, Spectacles are not your regular shades. One can record recordings utilizing Spectacles, with only a tap of the catch. The sunglasses, dubbed Spectacles, will be sold via limited distribution for about $130, said Spiegel, who described the device as a toy.
The first hardware to be sold by Snap, the sunglasses will record video from the user’s perspective in 10-second increments that can be synched with his or her smart-phone.

To quickly describe the basics, a video of Snapchat’s new camcorder shades leaked on saturday. Business Insider reported it, so the organization hurried out the news with a Wall Street Journal piece that was getting ready for Monday.They’ll be one-size-fits all in dark, greenish blue, or coral hues. Displays let you tap the glasses’ edge to in a flash record 10 seconds of video, three taps to record a most extreme of 30 seconds, with a light on the front cautioning individuals you’re recording. The video is caught with a 115-degree wide view focal point in a roundabout configuration that can be observed full-screen on a telephone in any introduction. The video is put away on the gadget and can be remotely offloaded to a telephone over Wifi or Bluetooth so clients can alter and share by means of Snapchat later. Displays’ battery ought to last for a day, and you can get up to four full charges from the versatile charging case. Yet, the genuine inquiries are whether individuals will need or need Spectacles when they as of now have a camera telephone, how Snap Inc can dodge them getting to be quirky or unpleasant, and how they may change the eventual fate of the start-up and how we catch online networking.

Content Sources: http://www.bgr.in/news/snapchat-rebrands-as-snap-launches-spectacles-video-recording-glasses-heres-everything-you-need-to-know/

http://www.wsj.com/articles/snapchat-releases-first-hardware-product-spectacles-1474682719

 

 

Software company Freshdesk wins Economic Times Start Up of the Year 2016

In the thriving market of start-ups software company Freshdesk raced to the top to win the prestigious Economic Times Start-Up Award 2016, owing to their proficiency and up-scale performance chart.

Co-founded by Zoho executives Girish Mathrubootham and Shan Krishnasamy, this Chennai based cloud customer engagement software has been around for five years and has managed to establish branches in 145 countries like Australia, London and Germany. They have around 80,000 customers of which most are small and medium business enterprises.

At the ET 2016 Awards, Freshdesk braved competition from Swiggy, BigBasket, teaching app Byju’s and healthcare tech company Practo.

Presiding over the judges panel was a jury headed by Infosys co-founder Nandan Nikelan, and included Google Southeast Asia and India Vice-President Rajan Anandan; Flipkart cofounder Sachin Bansal; Curefit cofounder Mukesh Bansal,The Wharton School professor Kartik Hosanagar; Vani Kola of Kalaari Capital  Times Internet Vice-Chairman Satyan Gajwaniand,  Paytm founder Vijay Shekhar Sharma and Subrata Mitra of Accel Partners.

Speaking about the winning team, Rajan Anandan told The Economic Times, “They (Freshdesk) are going to be an incredible company to be built out of India and an example for n next generation companies,”

Source:

Economic Times- http://economictimes.indiatimes.com/small-biz/startups/ets-startup-of-the-year-award-goes-to-freshdesk/articleshow/53589659.cms

 

Social networking giant Twitter registers slowest revenue growth

As per a report in the Economic Times, media giant Twitter Inc reported its slowest revenue growth since 2013, when it went public. 

Amidst stagnant user growth and lack of funds from the advertising medium, co-founder and CEO Jack Dorsey returned to the company a year back. However, despite his return, the company’s second quarter revenue didn’t match up to Wall Street estimates, and the forecast for current quarter didn’t even reach the average analysts estimate of $678.18 million. 
The company was able to hardly achieve a one percent increase in its user base from 310 million in the first quarter to 313 million in the second one.
Moreover, the company reportedly laid out a long-term strategy earlier this year focusing on the five areas of core service, live-streaming video, the site’s “creators and influencers,” safety, and developers.
Reportedly, special focus is being given to live video and streaming within the company. Specials deals have been signed with the Major League Baseball and NBA in the same regard.
Apart from this, the company has managed to reduce its net loss from $136.7 million last year to $107.2 million this year, and its revenue has increased by about 20 percent. But it is still missing the estimate of $606.8 million.

World’s Cheapest Smartphone to be launched at just Rs 251

Noida-based technology company Ringing Bells is all set unveil what can be branded as the world’s cheapest smartphone, Freedom 251, priced lowly at just Rs 251 (or 4$) at an event in New Delhi on Wednesday evening.

The phone will be made available for customer bookings on the company’s website starting from 6am on Thursday, to be continued till 8pm on Sunday.

As regards the specifications of the phone, it comes with a 4-inch IPS display (resolution not specified), powered by a 1.3 GHz quad-core processor and 1 GB of RAM, to be sustained by a 1,450 mAH battery that does not seem to be enough on paper. The phone has entry level 0.3 and 3.2 megapixel front and rear cameras respectively, comes with 8GB built-in storage, expandable with a micro SD card, and notably supports both 3G and WiFi.

On the software front, the phone is loaded with Android Lollipop 5.1, and comes pre-installed with a few handy apps including the usual Google Play, WhatsApp, Facebook and Youtube, as well as the India-specific Women Safety, Swachh Bharat, Fisherman, Farmer etc.

Coming with a 1-year warranty, the device will also be supported by the presence of 650 service centres across the country, as claimed by the company.

The launch event for the device looks set to host important government functionaries including Union Minister of Defence Manohar Parrikar as chief guest, and MP Murli Manohar Joshi,

Notably, as regards the involvement of the government into the making of the phone, the company has acknowledged the “immense support” it has received, as the phone is also said to come under the pet ‘Make in India’ scheme of the government.

SOURCES:

Hindustan Times: http://www.hindustantimes.com/tech/india-s-cheapest-smartphone-from-rining-bells-to-cost-less-than-rs-500/story-w0HBt5qmDGkuWf0jeSh1IM.html

NDTV Gadgets: http://gadgets.ndtv.com/mobiles/news/freedom-251-is-the-cheapest-smartphone-in-the-world-costs-just-rs-251-803359