Weekly Wrap-Up: GST Rollout, Rs. 200 Note, Ransomware & More…

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It’s Monday morning and time to do a quick review of the posts published on trak.in last week. If you were offline for any reason this is a great way to catch-up with all the tech buzz from the last week.

Weekly Wrap-up: Ola Corporate, BookMyShow Financials, Paytm Sound Pay & More…

Online/Tech/E-Commerce

A ransomware, which seems like an offshoot of WannaCry ransomware, has surfaced, striking, paralysing over 2000 businesses across Eastern Europe, Russia and Ukraine. Code named as ‘GoldenEye’, this new ransomware is part of the family of Petya, which was unleashed in 2006.

Instagram, Facebook-owned, introduced filters on its story recently, making itself better than Snapchat. In a bid to standardize these filters and masks across its platforms, Facebook has introduced a host of filters, effects and emojis on Messenger.

The cyber criminals have constantly been devising newer ways to breach the security measures. Here are 10 precautions you should take to ensure the safety of your internet banking account.

Google, World’s largest Internet company, has been royally humbled by the European Union. A record-breaking fine of $2.7 billion (€2.42 billion) has been imposed on them, due to manipulating search results within European countries.

Mark Zuckerberg personally came out Last week, and made a very important announcement – Facebook now has 2 billion users on their platform.

In March 2017, YouTube launched an app that would allow users to watch a video along with their friends, even if from different locations. This is an experimental app, named Uptime, in which you can now view YouTube videos along with your friends and chat or comment simultaneously.

The Amazon Prime Day Sale has been officially announced and will commence on July 10. This is the first time it will be held in India. Amazon will slash the prices of thousands of products before and during Prime Day.

Govt. has now decided to mandate every ecommerce portal to display the expiry date, MRP and other vital information, right on the portal itself. This can be hailed as a major victory for consumer’s rights, and a landmark decision.

Business/Startups

Infosys informed the shareholders that the company has ‘released’ 11,000 employees due to automation, in the last one year. Tata Motors also announced that around 1500 mid-level managers, part of their ‘white collar workforce’, will face terminations in the coming days.

Every founder would ideally like to hire somebody like themselves, with the same passion, drive and the mission to take the startup closer to its goal. Here is how you do it!

As per various estimations, GST will create around 1 lakh jobs immediately, across sectors such as automobiles, logistics, home decor, e-commerce, media and entertainment, cement, IT and ITeS, BFSI, consumer durables, pharma and telecom.

A Society for Human Resources Management (SHRM) study reveals that the true cost of a bad hire is as much as five times the person’s salary! Here are 5 tips which could help you to hire the right fit for your organisation.

CBI has started investigation into the Rs 500 crore scam, wherein thousands of people were duped in a ‘click-income’ business, via ponzi scheme. Actors Shah Rukh Khan and Nawazuddin Siddiqui, who were seen promoting this scam, have been named in the FIR.

According to a report by RedSeer Consulting, Uber and Ola have further reduced incentives for drivers by 30-40%. The drivers usually used to get the complete amount from the fare, with a deduction of the commission for Uber and Ola. Now, the companies have started increasing that commission.

Telecom/Mobile/Gadgets

Available for iOS and Android and gradually rolling out to the users globally, WhatsApp has added the functionality to send file of any extension on its platform.

If you think you badly need Oneplus 5 reading mode feature on your device – We got a solution, that too for free. Here are ways how you can activate the OnePlus 5 like Reading Mode on any Device.

With a primary focus on stopping phone thefts, Department of Telecom (DoT) will now make rules tough, when it comes to dealing with phone thefts. Under this major reform, tampering with IMEI number may soon land you in jail.

Exactly Ten years ago, on June 29, 2007, Steve Jobs introduced the very first iPhone. Since its inception, the iPhone has finally completed a path-breaking journey of 10 years. Here a brief throwback to the 15 iPhones in the last ten years, which revolutionized the smartphone industry.

The existing generation of Qualcomm Snapdragon 400 series processor is 435, and it was a pretty decent processor. With dual ISP and Qualcomm Adreno 506 GPU integration, the Snapdragon 450 supports rich, high-quality dual camera images and stunning graphics with optimum speed and power efficiency.

State-run BSNL has once again raised the bar for private telecom operators. In their newest push for bundled plans, which includes per day fixed data and unlimited voice calling, BSNL has now launched Sixer 666 plan for prepaid users.

Mukesh Ambani-led Reliance Jio has now launched world’s longest 100 Gbps submarine, undersea cable system, which is stretching under 25,000 kms under the ocean.

Others

In one of the strongest push for regional languages, Govt. of India has declared that passports would be now issued in both Hindi and English languages.

This means that 1% Tax Collected at Source will not apply for eCommerce portals from July 1st, which is the roll out date for GST pan-India.

In a huge blow to the detractors of Aadhaar push, Supreme Court has ruled that Govt. of India is correct in pushing Aadhaar for availing welfare schemes.

Govt. of India has confirmed that Rs 200 currency note is infact a reality, and indications are strong that the currency will hit the market very soon. As per confirmed reports coming in, it has been revealed that printing of Rs 200 currency notes has started in full swing.

Since last few days, rumors were floating across social media that PAN Card would be blocked, and would be made invalid, if Aadhaar Card linkage doesn’t happen before July 1st. We are here to dispel all rumors, and present before you facts.

Hailed as India’s Biggest Tax Reform, GST Has Been Rolled Out Pan-India; But Industry Is Divided Over its Implications And Effects

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