First they changed the way we bore ourselves online, revolutionized hotels and taxis and minor financial transactions, and gave us lightbulbs that won’t switch on if you haven’t installed the right software driver. Now—it was always inevitable—they want to destroy the universe.The news was snuck without attribution or comment into a New Yorker profile of Silicon Valley venture capitalist Sam Altman, a brief sentence that might be our first warning of the apocalypse: “Many people in Silicon Valley have become obsessed with the simulation hypothesis, the argument that what we experience as reality is in fact fabricated in a computer; two tech billionaires have gone so far as to secretly engage scientists to work on breaking us out of the simulation.”This line has been dutifully repeated by all the usual news sites, usually as a minor, amusing little anecdote—nerds versus the Matrix, tech shamans and their wacky ontological theories—without … [Read more...] about Tech Billionaires Want to Destroy the Universe
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By Rohan Sachdev Across every industry, leaders and technologists are facing an increasingly complex world. A new world defined by digital diffusion and ensconced in data security concerns —and now laced with regulation that protects personal data of individuals. In a world deeply influenced by rapid technology evolution, challenges come along as a bona fide add-on. With India moving towards digitisation, the need for a comprehensive data protection law was acknowledged by the government through the Draft Data Protection Bill, which was introduced in July 2018. On December 4, the Union Cabinet cleared the Personal Data Protection Bill (PDPB). With technology influencing every facet of life around us, and the quantum of personal information being shared online or offline, it has become essential, and at the same time crucial, to strike a balance between the cultural revolution brought about by this very digital transformation and the associated implications of personal data … [Read more...] about Personal Data Protection Bill: India’s digital safety kit
Big retailers are openly talking of plans to harness the power of big data, even reporting those in annual reports as part of a long-term strategy. As data becomes increasingly important for enterprises to personalise their products and services for end-consumers, retailers have woken to the immense potential of engaging with kirana (neighbourhood) stores. Data analytics is moving out of marketing profiles into senior management discussion. Big retailers are openly talking of plans to harness the power of big data, even reporting those in annual reports as part of a long-term strategy. Earlier this week, consumer goods giant Hindustan Unilever (HUL) announced a plan to reach 600,000 villages through 10 million stores, ambitiously titled Project Maxima. Each store will target up to a 100-metre radius with exclusive marketing offers, based on local needs – these would be predicted by use of Artificial Intelligence and a whole range of behavioural data from the retailers. “HUL … [Read more...] about Kirana stores and the power of big data
Two years ago, GCHQ's annual sports day took place on Wednesday 15 June at the Civil Service Sports Club in London. A mixed six-a-side football tournament was the centrepiece of the day, with matches kicking off at 11am sharp. The event was a jolly for those routinely cooped up in the agency's distinctive doughnut-shaped headquarters in Cheltenham, and they were furnished with six pages of rules and regulations to ensure fair play. "Each team MUST field at least ONE lady player at all times," the note said. "Appropriate footwear shall be worn. No crocs, sandals or flip-flops will be allowed. The wearing of shin-pads is COMPULSORY." Of all the highly classified documents about GCHQ revealed by the whistleblower Edward Snowden, this has to be one of the least sensitive. But it offers a glimpse into the world of the 6,100 people crammed into the open-plan and underground offices at GCHQ; the fact that there is a sports day at all reveals something about the agency which most people … [Read more...] about GCHQ: inside the top secret world of Britain’s biggest spy agency
Christmas shoppers are being urged to be wary of counterfeit products following a rise in cases involving fake goods. According to KPMG, over the past two years, 39 cases involving a total of £116m of counterfeit and pirated goods – which can range from hair straighteners and perfume to ebooks – have been prosecuted in the UK. The firm said the number of cases reaching court “continues to rise”. The figures come days after the City of London Police’s Intellectual Property Crime Unit (Pipcu) launched a campaign using the hashtag #shockingfakes to highlight the dangers of buying counterfeit electrical goods. Pipcu said that as well as the potential health and safety risks, such as electric shocks and house fires, shoppers who bought such items online could unwittingly find themselves becoming victims of identity theft. KPMG said pirated digital media – such as music, ebooks, video games and computer software – accounted for a sizeable chunk … [Read more...] about Christmas shoppers warned over safety as fake goods on rise
Advertisement Imagine a world in which you could shop online without ever needing to enter a credit or debit card number; the increased security alone would be a massive boon. No one could look over your shoulder in a public setting, and you wouldn’t be at risk from credit card fraud or physical theft.Well, that’s exactly what online payment giant PayPal offers in the form of PayPal Credit.What Is PayPal Credit?PayPal Credit (formerly called “PayPal Bill Me Later”) is a virtual credit card. It was originally launched in 2008 but was rebranded into its current form in 2015. The service is paper-less, card-less, and built directly into your PayPal wallet.The integration with your PayPal wallet means you can manage your payments, view your balance, and check your statements through your existing login.Two other services—PayPal Extras MasterCard and PayPal Smart Connect Card—fall under the PayPal Credit umbrella. However, they offer a physical card … [Read more...] about What Is PayPal Credit and Where Can You Spend It?