Tuesday, December 3, 2019

Late-stage Indian startups bulk up its boards with independent hands

Oyo, Ola, Freshworks, Flipkart and Paytm are among leading home-grown technology ventures that have brought in known industry veterans over the course of the year. https://ift.tt/360GJ88 https://ift.tt/eA8V8J

Consumers will soon be able to use UPI for cash withdrawals

Public sector lender Bank of India has introduced this facility for its own customers, in partnership with Mumbai-based payments company AGS Transact Technologies. https://ift.tt/33HyNal https://ift.tt/eA8V8J

Monday, December 2, 2019

Wide-ranging interview with AWS CEO Andy Jassy on the future of the cloud, the competition, market shifts, changing customer requirements, and more (John Furrier/SiliconANGLE)

John Furrier / SiliconANGLE:
Wide-ranging interview with AWS CEO Andy Jassy on the future of the cloud, the competition, market shifts, changing customer requirements, and more  —  In an exclusive one-on-one conversation, Amazon's cloud chief reveals how he views the future of the cloud, the competition, market shifts, customer demands and controversies



Mass media vs. social media

In the waning years of the last millennium, at my university, one of the cause célèbres of the progressive left was a concept known as “Manufacturing Consent,” the title of a book and film, by and starring Noam Chomsky. Its central thesis was that US mass media “are effective and powerful ideological institutions that carry out a system-supportive propaganda function, by reliance on market forces, internalized assumptions, and self-censorship.”

It’s fair to say that history has been pretty kind to this theory. Consider the support drummed up by mass media for the invasion of Iraq in 2003. To quote the public editor of the New York Times, “To anyone who read the paper between September 2002 and June 2003, the impression that Saddam Hussein possessed, or was acquiring, a frightening arsenal of W.M.D. seemed unmistakable. Except, of course, it appears to have been mistaken.” Consider the September 2002 dossier published by the UK government “to bolster support for war” which turned out to be full of spectacularly incorrect information, and the media’s failure to interrogate those claims.

It’s hard to overstate just how cataclysmic these errors were. If the mass media had pushed back against the false claims of weapons of mass destruction, we might have avoided the Iraq war, which killed hundreds of thousands and cost trillions of dollars. Saddam Hussein was not exactly a tough act to follow, but the US still managed to follow its falsely motivated war with a botched occupation which turned Iraq, and arguably the larger Middle East to this day, into a bloodbath.

An interesting question is: what would have happened if today’s social media had been around in 2003? Today, if a wrong assertion is promoted by the mass media, it doesn’t take long for subject-matter experts to appear on Facebook and Twitter, correcting them, and either going viral themselves or becoming the subjects of countervailing media stories.

This doesn’t necessarily mean catastrophe would have been averted. But at least a possible corrective to the collective hysteria of the mass media would have existed, unlike in 2002-3. (Yes, those were the days of Blogspot and LiveJournal, but they didn’t have anything like the reach or significance of today’s social media.)

Consider a more recent event: the 2016 American presidential election. It has become an article of faith, in certain quarters, that it was won and lost by the diabolical use of Facebook ads, especially in conjunction with the psychographic superscience of Cambridge Analytica. This is ridiculous. First, no one credible thinks CA’s purported ability to mind control Facebook users by showing them “psychographically” targeted ads was anything other than snake-oil nonsense.

Second, as Nate Silver points out, the impact of social-media ads was enormously less than the impact of mass media. Remember the months of hysteria about Hillary Clinton’s emails? Remember how it turned out to be a complete non-story? Doesn’t this remind you of Iraq’s WMDs?

“The media’s coverage of Hillary Clinton’s email scandal was probably literally 50 times more important to the outcome of the 2016 election than Trump ads on Facebook.” Perhaps, my fellow mass media, the fault lies not in our psychographic bullshit artists, but in ourselves

Social media has many downsides. You don’t have to go particularly deeply into my own back catalog to discover that I am a harsh critic of Facebook myself. But let’s not pretend that mass media, just because it’s older, is therefore perfect. It has its own catastrophic failure modes itself. In fact — whisper it — maybe we’re a lot better off, net, with social media and mass media, in that each can act as a counterbalancing corrective on the other’s flaws and failure modes.

The progressive left may have gone from “mass media is the enemy” to “Big Tech social media is the enemy,” but maybe, and I know this sounds crazy because it’s on the Internet, but hear me out here, maybe there’s room for a little nuance; maybe they both have good and bad aspects, and could possibly balance one another out. If you don’t think mass media needs a corrective, let me remind you once again of the Iraq War and But Her Emails, to name but two of many, many examples. Maybe there exists a future in which social and mass media are each a cure for what ails the other.

FBI wants Americans to delete these apps from their phones

The Federal Bureau of Investigation considers any mobile app developed in Russia to be a "potential counterintelligence threat," it said on Monday, responding to a U.S. lawmaker's query about face-editing photo app FaceApp. https://ift.tt/383PQqy

Samsung Galaxy S10 Lite Briefly Sighted on Company Website: Report

Samsung Galaxy S10 Lite is expected to be a slightly more powerful phone than the Galaxy S10e, and is expected to pack 8GB RAM. https://ift.tt/3801yCe

Technical snag hits HDFC website and mobile application

With a customer base of 50 million, HDFC Bank is the largest private sector bank in the country and one of the largest retail banks in the world. https://ift.tt/33NKzjz https://ift.tt/eA8V8J

Billie Eilish, Lizzo and Lil Nas X are the winners of the first Apple Music Awards

Apple now has its own music awards, with winners picked by Apple Music’s editorial team or based on streaming data from the service. The first recipient of its top award, Global Artist of the Year, is Billie Eilish. The Apple Music Awards will be streamed live on Dec. 4 at 6:30PM Pacific Standard Time from the Steve Jobs Theater in Apple’s Cupertino headquarters, with a performance by Eilish.

The Apple Music Awards has five categories. Its editorial team picks the winners for Global Artist of the Year, Songwriter of the Year and Breakthrough Artist of the Year. Album of the Year and Song of the Year are awarded based on streaming data. Eilish also won the Album of the Year and (along with her brother Finneas) the Songwriter of the Year awards, for “WHEN WE ALL FALL ASLEEP, WHERE DO WE GO?”, Apple Music most played album of the year, with more than a billion streams.

Breakthrough Artist of the Year went to Lizzo, for “Cuz I Love You,” while the first Song of the Year is “Old Town Road” by Lil Nas X, the service’s most streamed track this year.

Winners will be given an trophy that contains “Apple’s custom silicon wafer suspended between a polished sheet of glass and a machined and anodized aluminum body… in a symbolic gesture, the same chips which power the devices that put the world’s music at your fingertips sit at the very heart of the Apple Music Awards,” read the company’s press release.

The launch of Apple Music Awards underscores the company’s increasing focus on services, as revenue from hardware slows. This year, it launched new subscription services like Apple TV+ and Apple Arcade, both of which emphasize exclusive content.

Apple Music competitor Spotify also recently announced its own music awards, with winners picked based on streaming and user engagement data. The first Spotify Awards event will be held in March 5 in Mexico City (the service’s biggest single market) and broadcast live on TNT in all Spanish-language countries in the region.

“The Apple Music Awards are designed to recognize the passion, energy and creativity of the world’s favorite artists. The musically diverse group of inaugural winners have sparked deep social conversation, influenced culture and inspired our customers around the world. We couldn’t be more excited to celebrate them,” said Oliver Schusser, vice president of Apple Music and International Content, in its press release.

With mAadhaar app, you can leave your Aadhaar card at home; Here’s how

With the mAadhaar app, users can now carry the soft copy of Aadhaar card and can leave the original physical copy at home. https://ift.tt/2rS2doE

All You Need to Know About Inside Edge Season 2

Inside Edge 2 cast, Inside Edge season 2, Inside Edge season 1, Inside Edge review, Inside Edge web series, Inside Edge IMDb, Inside Edge 2 release date, Inside Edge trailer, Inside Edge 2 poster,... https://ift.tt/2OIVVRq

NASA Finds Vikram Lander on Moon, Releases Images of Impact Site

NASA has found the crash site and debris of Chandrayaan-2 Vikram moon lander following a tip from an Indian space enthusiast who examined pictures of the area of the moon taken by a US orbiting... https://ift.tt/2P25vOg

Airtel new mobile charges: New plans vs old plans; talktime, validity and other benefits

https://ift.tt/2sEyMqN

Facebook to Allow Transfer of Photos, Videos to Google, Other Rivals

Facebook started testing a tool on Monday that lets users move their images more easily to other online services, as it faces pressure from regulators to loosen its grip on data. https://ift.tt/35YG86C

IIT placement season sees record salary offers

The current placement season at IITs is witnessing record salary offers from the likes of Google, JP Morgan, Goldman Sachs. Annual pay packages of Rs. 30 lakh and more-going up to Rs. 1 crore and beyond- are more numerous than ever before. https://ift.tt/2DFhn3n https://ift.tt/eA8V8J

ETtech Top 5: Accel's new India fund, Slowing growth of AePS & more

A closer look at today's biggest tech and startup news and why they matter. https://ift.tt/35UyLgB https://ift.tt/eA8V8J

Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)

Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...