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From Tata taking over iPhone maker Wistron to GTA 6 finally set to break cover after years of rumours, the world of technology news was dominated by these headlines, and more, over the past week. Here’s a deeper look.
Tata To Make iPhones
Tata Electronics, a subsidiary of India’s largest conglomerate, Tata Group, has reportedly finalised a Share Purchase Agreement (SPA) to acquire full ownership of Wistron InfoComm Manufacturing (India) Private Limited (WMMI). The aim is to manufacture iPhone models in India, marking Tata Group as the first domestic company to enter the iPhone assembly supply chain.
The completion of this agreement is contingent upon obtaining necessary approvals, with Wistron expected to adhere to regulatory requirements in issuing statements and submitting filings. This strategic deal, involving SMS InfoComm (Singapore) Pte. Ltd. and Wistron Hong Kong Limited, positions Tata Group alongside global players like Foxconn, Pegatron, Wistron, and Luxshare, as it ventures into iPhone production in the facility near Bengaluru in southern India.
Click here to read our full report
Govt Strict On Deepfakes
On Tuesday, the Ministry of Electronics and Information Technology (MeitY) has issued an advisory to social media companies, emphasizing the importance of compliance with existing guidelines. The advisory reiterates Section 66D of the Information Technology Act, 2000, dealing with penalties for impersonation-related cheating through computer resources, with potential consequences of up to three years of imprisonment and a fine of up to Rs 1 lakh.
Furthermore, the advisory cites “IT Intermediary Rules: Rule 3(1)(b)(vii),” requiring social media intermediaries to exercise due diligence by explicitly informing users in their rules, regulations, privacy policies, or user agreements not to host content that impersonates others.
Additionally, “Rule 3(2)(b)” mandates that intermediaries must promptly take action, within 24 hours of receiving a complaint about electronically transmitted content involving impersonation, including digitally manipulated images of individuals, by removing or disabling access to such content.
These measures come in the wake of a recent controversy surrounding a deepfake video featuring actress Rashmika Mandhani.
Click here to read the full report
ALSO READ: Digital Doppelgangers: How To Navigate The Deepfake Deluge
GTA 6 To Break Cover…Finally
After years of leaks and rumours, the highly anticipated trailer for GTA 6, or Grand Theft Auto 6, is scheduled to release in December. Sam Houser, President of Rockstar Games, announced plans to share the first glimpse of GTA 6 during the festive season, sparking excitement among fans worldwide.
With a rich history spanning 25 years, the series has not only evolved but also received widespread critical acclaim, intensifying the anticipation among its dedicated fan base. The level of expectations for the upcoming release is soaring.
Click here to read the full story
Tamil Nadu Online Poker, Rummy Ban Overturned
The recent ruling by the Madras High Court overturned the prohibition imposed by the Tamil Nadu government on online rummy and poker. Issued on Thursday, the decision garnered widespread approval from experts and online gaming associations. Analysts suggest that, beyond upholding the distinction between games of skill and chance, the ruling may strengthen the industry’s position against Goods and Services Tax (GST) notices.
Payal Thaker, Partner in Indirect Tax at BDO India, highlighted that while the court’s decision specifically addresses the regulation of online games in Tamil Nadu, it reinforces the Supreme Court’s earlier distinction between skill-based and chance-based games.
According to Thaker, “This judgment will have a significant impact on how online gaming companies treat games of skill and chance for GST purposes. It will provide these companies with the means to enhance their defence against substantial GST demands issued for past periods.”
Click here to read our full report
WhatApp To ‘Channel’ Ads Soon
Meta’s messaging platform, WhatsApp, is reportedly exploring the integration of advertisements within its Status and Channels features, while simultaneously developing new functionalities such as voice messaging and stickers. This strategic initiative is seen as an attempt to diversify revenue streams and enhance the overall user experience on the widely used messaging platform.
Notably, the consideration for ads is confined to Status and Channels, resembling the Stories feature, with no plans to introduce them in the primary inbox, as clarified by Will Cathcart, WhatsApp’s head, in an interview with Brazilian media. The focus, he emphasised, is on exploring advertising possibilities in specific sections of the messaging app rather than the primary inbox.
Click here to read the full story
That’s it from the world of tech headlines this week. Stay tuned to this space for more top stories next week.
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Additional funding totaling US$1.6 million were raised by September 2015, from investors in a second funding round including Digital Currency Group, Bitfinex, Bitcoin Capital and Mardal Investments.
The central bank typically announces bond purchases on Monday or Tuesday.
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The objective was to monitor corporate governance and prevent future scams.
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The object of this teenage prank was to see who could flip the automobile first.
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Basis trading is done when the investor feels that the two instruments are mispriced relative to one other and that the mispricing will correct itself so that the gain on one side of the trade will more than cancel out the loss on the other side of the trade.
Yale International Middle for Finance working paper.
They can give their brokers the close out orders at any time of the day or night.
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Virtually actually historical past may need been completely different.
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The proposal isn’t the plan, but rather a “plan for making the plan.” If the disaster recovery plan is going to be created in-house, the proposal should recommend which specific employees will manage the project and approximately how many work hours it should take.
In 2008, the SEC authorized the creation of ETFs that use energetic administration methods.
US inventory markets suffered from the greatest single-day share fall because the 1987 inventory market crash.
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Braham, Lewis (May 1, 2023).
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Coffee, Frank (1920). Forty years on the Pacific.
Bankruptcy Judge Dennis Montali, the federal decide for the PG&E bankruptcy proceedings, presided over a hearing for victims of the Tubbs Fire, and so they offered their case for a quick-monitor state civil trial by jury to resolve if PG&E is at fault for the Tubbs Hearth, rather than buyer tools causing the fire as determined by Cal Fire.
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Maybe most worrisome to the railroads have been the diversions to roads.
The strain’s on, and as you glance again and forth between your rack and the board, you’ll be able to hardly believe your eyes at the play you can make.
March 11, 2020). Consolidated Financial Statements of the PGNiG Group for 2019 (Report).
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Learn about the challenges faced by peers who have outsourced similar work.
Centers for Medicare & Medicaid Providers (CMS) – previously the Health Care Financing Administration.
Collectively, the enterprise may maybe not meet productiveness ranges required by the challenges resulting from many causes, of which external and inside political agendas, interference, blatant corruption by those with signing rights and bailout’s ‘(feeding the watchdog that all the time sleeps’), would be topping the record!
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However, after being shattered by massive artillery barrages and relentless infantry attacks, the city fell on May 9. Of the 230,000 Axis troops originally trapped on the peninsula, about 150,000 escaped by sea.
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Additionally, there are sufficient business amenities and connectivity options to support operations – this should be the one of the two main points of this segment, please elaborate more.
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20 Could 2022. Archived from the original on 20 May 2022.
In 1975, Richardson married Andrew Wright, a colleague from the Department.
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The scheme accredits each public and personal providers.
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