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Paytm Payments Bank forced to stop conducting business by RBI; how mobile wallet business stoppage impacts customers

The Reserve Bank of India on Wednesday ordered Paytm Payments Bank Ltd., a unit of One 97 Communications Ltd., to stop its popular mobile wallet business along with other activities, citing persistent non-compliance and supervisory concerns. The regulator said the firm, which processes transactions for India's digital payments giant Paytm, must stop its banking activities after Feb. 29. How are customers affected?Existing customers, however, can withdraw their funds and use up the balance in the prepaid cards or wallets…

For large nation like India, deepfakes a problematic issue for conducting safe, fair polls: MoS IT

Union Minister Rajeev Chandrasekhar has said that for a large, connected nation like India, deepfakes and misinformation represent a "very problematic issue" for conducting safe, free and fair elections.With respect to tackling deepfakes and misinformation, he said social media platforms are under watch on remedial actions they take in next 7-10 days on 'advisories' issued by the government. The minister also promised that inaction on their part may prompt amendment to the IT Rules that will be more "prescriptive". In an…

Samsung’s conducting a Galaxy S23 photo contest in South Korea

Last updated: April 3rd, 2023 at 15:32 UTC+02:00 The Galaxy S23 series is excellent when it comes to camera performance. And to further shine a spotlight on camera capabilities of its latest flagship phones, Samsung has announced a Galaxy S23 Photo Contest in South Korea. The Galaxy S23 Photo Contest will continue for three weeks starting April 7, with each week having a different theme and subject. To participate in the contest, interested users will have to submit photos and videos fitting the theme for that given…

Virgin Orbit fails to secure funding, ceasing operations, conducting layoffs

The company's 747 jet "Cosmic Girl" releases a LauncherOne rocket in mid-air for the first time during a drop test in July 2019.Greg Robinson / Virgin OrbitVirgin Orbit is ceasing operations "for the foreseeable future" after failing to secure a funding lifeline, CEO Dan Hart told employees during an all-hands meeting on Thursday afternoon, and will layoff about 90% of its workforce."Unfortunately we've not been able to secure the funding to provide a clear path for this company," Hart said, according to audio of the 5…

Tár’s gender-balanced profession is a utopian fantasy. In the real world, conducting has a gender problem | Classical music

I’ve lost track of the number of times I’ve been asked my thoughts on the film Tár these last few weeks. It seems as if everyone wants to know what it’s really like to be a woman in conducting, and how I feel about the abusive fictional character causing a stir on cinema screens across the globe.Lydia Tár lives in a world that closely resembles present-day reality, complete with references to a recent pandemic. But one notable difference is apparent: in Tár’s world, female conductors have well and truly smashed the glass…

Simone Young on Tár, conducting and living with perfect pitch: ‘It can be a nightmare’ | Culture

There’s a ventilator humming in the maestro’s interview room – and it’s like a ticking time bomb.“It’s in E flat – and after a certain amount of time, it will drive me nuts,” says Simone Young, who says she’s a theatre tech’s worst nightmare. There will always be a fixture on a lighting grid somewhere that is gnawing at her ear. In F sharp. Fix it. Please.The Sydney Symphony’s trailblazing chief conductor is speaking with the Guardian ahead of a new documentary about her life, Knowing the Score, which charts her rise to…

The Companies Conducting Layoffs in 2023: Here’s the List

Several U.S. companies are slashing staff at the beginning of 2023, continuing the downsizing that took place last year as businesses recalibrate after growing rapidly at the start of the Covid-19 pandemic. Waning demand and weaker revenue forced many major employers to scale back payrolls and institute hiring freezes in 2022. That hangover has spilled over into the New Year.  The job cuts have been concentrated in the tech industry and have included Facebook parent Meta…

Uber Conducting Probe After Vendor Hit With Cyberattack

Uber Technologies Inc. said it’s investigating the hack of a third-party vendor that reportedly resulted in the leak of data from the ride-hailing company, including employee email addresses. Uber Technologies Inc. said it's investigating the hack of a third-party vendor that reportedly resulted in the leak of data from the ride-hailing company, including employee email addresses. The vendor, Teqtivity, which helps manage and track information technology equipment such as phones and computers, on Monday confirmed

Researchers develop new approach for conducting automated science in space

NASA's Mars rovers strive for groundbreaking scientific discoveries as they traverse the Martian landscape. Researchers have developed a new approach to balancing the risks and scientific value of sending planetary rovers into dangerous situations.Researchers in the School of Computer Science's Robotics Institute (RI) have developed a new approach to balancing the risks and scientific value of sending planetary rovers into dangerous situations. David Wettergreen, a research professor in the RI, and Alberto Candela, who