Wednesday, August 28, 2019

Global retailers to gain from easier single-brand FDI rules

While the present policy mandates that a single-brand retail company that has more than 51% FDI in India has to source 30% locally of the total value of goods sold in the country, the changed norms will allow it to include exports as well. https://ift.tt/2ZxCj99 https://ift.tt/eA8V8J

Jambos Picks raises $23M seed for its AI-based sports bet recommendations service that offers refunds to subscribers if recommendations are not profitable (Kieran McQuilkin/American Inno)

Kieran McQuilkin / American Inno:
Jambos Picks raises $23M seed for its AI-based sports bet recommendations service that offers refunds to subscribers if recommendations are not profitable  —  A big name, a risky market and a bold guarantee.  Ex-MLB pitcher Michael Schwimer has the makings of a fascinating D.C. startup on his hands.



Indictment of the Capital One hacker alleges that she used exploited servers of Capital One and those of over 30 other companies to mine cryptocurrency (James Thorne/GeekWire)

James Thorne / GeekWire:
Indictment of the Capital One hacker alleges that she used exploited servers of Capital One and those of over 30 other companies to mine cryptocurrency  —  A federal grand jury indicted Paige Thompson, a former Amazon engineer, on multiple counts of wire fraud and computer fraud on allegations …



MeitY against ecomm data in Privacy Bill

MeitY’s response to DPIIT will also clarify the point that the PDP Bill will only address privacy and security issues related to personal data and not information in the public domain. https://ift.tt/32gizVj https://ift.tt/eA8V8J

Redmi Note 8 Series, Redmi TV, RedmiBook 14 Refresh Set to Launch Today

Xiaomi is all set to launch its Redmi Note 8 series, Redmi TV, and refreshed RedmiBook 14 laptop today in China. https://ift.tt/2Zxbqyb

Alphabet’s legal chief, David Drummond, comes under the spotlight following new allegations about his personal conduct

Alphabet Chief Legal Officer David Drummond is at the center of a media firestorm, following a new Medium post authored by a former Google employee who was engaged in a years-long relationship with Drummond more than 10 years ago.

Though the extramarital affair was originally reported on last fall by the New York Times in the broader context of Google’s permissive workplace culture, the former employee, Jennifer Blakely, says in a new and far more detailed account of their relationship that Drummond was a serial philanderer, leaving his wife for Blakely, then leaving Blakely and the son that he fathered with her for another now-former Google employee.

She adds that Drummond also had “an affair with his ‘personal assistant’ who he moved into one of his new homes.”

We reached out to Google, asking for comment either from the company or Drummond, and have yet to hear back.

It’s an enormously unflattering portrait and it comes at a delicate time for Google, which found itself at the center of the #metoo movement last year, after the Times revealed that another former executive, Andy Rubin, had been awarded a handsome exit package following a sexual misconduct claim that the company reportedly found credible.

In addition to accusing Drummond of neglecting her, Blakely also accuses him of being an absentee parent to the child who she suggests they tried for years to have, writing that “[m]onths or years would go by where he wouldn’t see [their son] or respond to my calls or texts with updates and pictures of him or even ask how he was doing, let alone how he might help out, knowing full well I was alone and in desperate need.”

Elsewhere in her post, Blakely says that following a custody battle over the boy that she won when he was four-and-a-half-years old, “David began providing ample child support.”

According to several sources familiar with the situation, it’s more nuanced than Blakely describes and it was not a particularly happy union, though these same individuals acknowledge that much of her account is true. Drummond, who was Google’s general counsel back in 2001 when they met, was married when he began an affair with Blakeley, who’d been hired into Google’s legal department as a senior contracts manager. Though Google merely discouraged managers from having affairs with subordinates at the time (it wasn’t against the company’s code of conduct), when Drummond finally told the company in 2007 that Blakeley was pregnant with his child, she was moved into a role in the company’s sales department, far from the company’s legal department.

Blakely writes she had “zero experience in sales” and that it was a hard transition to make: “I did my best to keep up but I was floundering and became depressed at work.”

She left the company roughly one year later, in 2008. She says she and Drummond and their son were living together by that time, adding that seven months later, he broke up with her via text, saying he was “never coming back” to their shared home.

“And he didn’t,” she writes.

Drummond’s star has continued to rise at Google, where he has now spent 17 years and currently serves as its senior vice president of corporate development, as well as the chief legal officer for Google’s parent company, Alphabet.

Google has made numerous changes in the face of criticisms that male executives at the company have not faced consequences in the past for sexual misconduct at work — criticisms that boiled into anger, then walk-outs by tens of thousands of Google employees.

Among them: Google no longer force employees to settle disputes with the company in private arbitration, including in cases of sexual harassment or assault; employees can now lodge complaints relating to harassment and other misconduct via a dedicated website; an and they can bring colleagues to support them to meetings related to investigations.

Still, Google has never commented specifically on Blakely’s allegations and it will be curious to see if this newest salvo forces its hand.

The affair, and others at the company, don’t seem to have forced dramatic changes to its official code of contact, in any case.

According to a section titled: “Friends and Relatives; Co-Worker Relationships,” it cautions employees  that “romantic relationships between co-workers can, depending on the work roles and respective positions of the co-workers involved, create an actual or apparent conflict of interest. If a romantic relationship does create an actual or apparent conflict, it may require changes to work arrangements or even the termination of employment of either or both individuals involved. Consult Google’s Employee Handbook for additional guidance on this issue.”

BJD MP Pinaki Misra questions TikTok on exclusive contracts

Misra had earlier called for stringent regulation of these platforms in the parliament https://ift.tt/2ZkZRid https://ift.tt/eA8V8J

Tuesday, August 27, 2019

Redmi Note 8 Pro Full Specifications Leaked Ahead of Tomorrow's Launch

The table suggests that the Redmi Note 8 Pro will come with Android 9 Pie, Helio G90T SoC, up to 128GB storage, 4,500mAh battery, and weighs 199 grams. https://ift.tt/2L2lGuh

Oppo Set to Make India a Global Export Hub

Oppo that is currently producing close to 50 million units and aims to double the capacity to 100 million units by 2020 will make India a global export hub, Sumit Walia, Vice President, Product and... https://ift.tt/2L8s9m8

Realme to Launch New Q Series Phones in China on September 5

Realme has confirmed that an all-new Q-series of phones will debut on September 5 in China. https://ift.tt/2Ub7DFK

Uber launches voice-based helpline in India to tighten rider safety

The feature enables people to call the customer support team during an ongoing trip in case of a safety issue. https://ift.tt/2MGT0c5 https://ift.tt/eA8V8J

Facebook expands 'Local Alert' tool in bid to help in emergencies

With Local Alerts, Facebook account holders in local government and among first responders such as the police and fire departments can send out messages that are then spread more widely by Facebook. https://ift.tt/2znxO2l

Ex-Google Engineer Charged in in Self-Driving Trade Secrets Case

Anthony Levandowski, who worked for Google parent company Alphabet's Waymo unit, downloaded thousands of files from Waymo servers as he was leaving the company in 2015. https://ift.tt/2L1l5Jh

BSNL's New Rs. 96, Rs. 236 Prepaid Plans Offer 10GB of Daily 4G Data: Report

BSNL has reportedly launched two new STVs – priced at Rs. 96 and Rs. 236. Both these plans offer huge data benefit of 10GB per day of 4G data. https://ift.tt/2ziZWDI

Google Job Search Tool Faces EU Investigation

EU regulators are checking Google for Jobs to see if the company unfairly favours its fast-growing tool for searching job listings, Europe's antitrust chief said on Tuesday. https://ift.tt/2NxkhgV

Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...