Tag Archives: India

India’s central bank wants to ban cryptocurrencies, government says | TechCrunch

India’s central bank wants to ban cryptocurrencies, the government told the parliament on Monday, raising more uncertainty about the future of the nascent virtual digital asset in the world’s second largest internet market.

Nirmala Sitharaman, the minister of finance in India, said Monday that the Reserve Bank of India has expressed concerns about the “destabilising effect of cryptocurrencies on the monetary and fiscal stability of a country” and has recommended “for framing of legislation on this sector,” she said.

“RBI is of the view that cryptocurrencies should be prohibited,” she added.

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YouTube and WhatsApp inch closer to half a billion users in India | TechCrunch

WhatsApp has enjoyed unrivaled reach in India for years. By mid-2019, the Facebook-owned app had amassed over 400 million users in the country. Its closest app rival at the time was YouTube, which, according to the company’s own statement and data from mobile insight firm App Annie, had about 260 million users in India then.

Things have changed dramatically since.

In the month of December, YouTube had 425 million monthly active users on Android phones and tablets in India, according to App Annie, the data of which an industry executive shared with TechCrunch. In comparison, WhatsApp had 422 million monthly active users on Android in India last month.

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Dutch Research In Self-Healing Materials Could One Day Eliminate India’s Pothole Problems | Indiatimes.com

It’s no secret that potholes are a huge pain in India. While we may grumble that it’s because of cheap building materials or inefficient labor, the truth is that roads just naturally decay over time. But now, a team of scientists from the Netherlands believe they have the answer to prevent potholes from even forming

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YouTube Go is finally here, kind of | Mashable

It seems Google is all prepared to release its anticipated data-conscious YouTube Go app to the public.

An early version of YouTube Go hit the Google Play Store Wednesday. The app, as promised by Google last year, is light (less than 10MB in size) and features an option to share files using Wi-Fi Direct protocol.

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The 20 Most Viral Ads of 2016 | Adweek

Christmas, the Olympics/Paralympics and OK Go.

Those are three reliable buckets for great advertising, and they all show up in Unruly’s new list of the most shared ads of 2016. The top spot on this year’s list goes to a Christmas spot; No. 2 was made for the Paralympics; and OK Go put two videos on the list, including one at No. 5.

Ads from 10 different countries appearing on this list, Unruly says—the U.K., U.S., Denmark, Egypt, Thailand, Bangladesh, India, Norway, the Philippines and Indonesia. The average runtime for the top 20 videos is 2:49

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Apple growth strategy hits major roadblock in India | Business Insider

The Indian government has rejected a request by Apple to import and sell refurbished iPhones in the country, Bloomberg reports.

It’s a major setback to Apple’s India strategy, a major component of which was reusing old iPhones as a low-cost option in addition to selling new iPhones, which are too expensive for many Indians.

Indian smartphone companies opposed Apple’s application, according to Bloomberg.

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How India’s ‘Garden City’ Is Igniting the Entrepreneurial Spirit | Inc.com

getty_186255464_64850Often referred to as the “Silicon Plateau,” Bangalore holds many nicknames.

The green, sprawling capital city of Karnataka, a state in the southwestern region of India, is situated beneath a towering, 2,600-foot tall rock formation called the Mysore Plateau, which is bounded by the Sahyadri mountains and the sloping Kaveri river.

Over the past few years, Bangalore has earned the mantle of India’s “Silicon Valley.”

Although historically an outsourcing hub, the city is becoming its own technology business center. In 1909, the first Indian Institute of Science was established in Bangalore, and today it counts 3,500 students. The school’s most renowned education centers for climate change, neuroscience, and engineering have spurred more interdisciplinary research.

Today, Bangalore ranks as the 15th hottest startup ecosystem in the world, according to a recent report from Crunchbase and research firm Compass. The metropolis counts around 4,900 active startups, with nearly $2.3 billion in company investments last year.

A wide range of startup activity is happening in Bangalore. Internet penetration throughout India, especially, presents many opportunities for digital entrepreneurs. The country’s current population is a staggering 1.3 billion, and a July report from the Internet and Mobile Association of India projects that the country will count 500 million Internet users by 2017.

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How India Is Ahead Of The Game In TV Unbundling | Forbes

While U.S. cable television customers are longing to finally be able to pay for just the channels they actually watch, others have begrudgingly accepted that bundled television is still the way to go for getting their money’s worth. Companies like DISH, Verizon, and Sony have only announced in the last year their own plans for stand-alone streaming services. With a few clicks, $8 for Netflix NFLX +0.75%, $15 for HBO, $20 for ESPN could easily add up to a higher total than what customers currently pay for only a few channels they actually watch in a bundle. What’s more, it doesn’t look like companies will use the same set-top box, if they use set-top boxes at all (Sony and Verizon are looking to offer services completely on the cloud).

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