Saturday, April 20

Business

Digital Afterlife Industry: 10 Global Startups Keep you Alive after Death
19Jun By Manaswini TripathyNo Comments
Business

Digital Afterlife Industry: 10 Global Startups Keep you Alive after Death

Data is the new oil, and commercial enterprises recognized it already. So, when a social media user passes away, their accounts are retained and memorialized. While it is seen as proof of sentiment for a deceased user, it is actually the platform's strategy to maintain platform traffic. The traffic invited by a user's demise is traffic that a platform sells to its advertisers (Facebook 2016). Besides tech giants like Twitter and Google, there's a noticeable surge in startups serving the Digital Afterlife Industry (DAI) over the last ten years. These startups either capitalize on the digital remains of a deceased Internet user or act as a prosthetic extension of the life of a deceased Internet user. Rude as it may sound, the Digital Afterlife Industry is at least some hope for a dying perso...
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Social Media Vs. Government: Who Kills Freedom of Speech Better?
18Jun By Manaswini TripathyNo Comments
Business

Social Media Vs. Government: Who Kills Freedom of Speech Better?

The political scenario around the world has evolved quite a bit in the last few years. Social media has become a significant force in political campaigns and shaping the public's opinion. Confirmation bias is one of the underlying processes at play on social media. This is especially true when it comes to sensitive issues, such as politics. Recently, all social media platforms refused to comply with India's Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. Twitter v/s India  The Ministry of Electronics and Information Technology has established a new regulatory and supervisory mechanism for social media platforms, which encompasses the requisite to assign a resident grievance officer as part of a wider grievance redressal mechanism, active monitor...
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A Trade-off to Counter Email Impersonation Attack on the Rise
17Jun By Linda AshokNo Comments
Business

A Trade-off to Counter Email Impersonation Attack on the Rise

Email Identity Theft & Misrepresentation It begins with me trying to create an Outlook email with my name, but someone else is already using it with a different phone number that I never used. The situation is anybody can misrepresent me, miscommunicate me using my credentials. As a digital marketer, writer, and journalist, there must be some verification process in place that ensures I am not misrepresented. This is not a vanity ask, but as we grow up to a seven billion+ population on the Internet, this is elementary. Email impersonation attack is not only a concern for people in media or public figures; it is, even more, a challenge for a non-public person. It can damage a person completely, destroy relationships, destroy market reputation, impact businesses and employment. This is s...
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China’s New Data Security Law gets Tech Heavyweights Nervous
13Jun By Linda AshokNo Comments
Business

China’s New Data Security Law gets Tech Heavyweights Nervous

It has been a long day, and finally, China ensures it has the upper hand on large enterprises operating within the territory of the People's Republic of China. China's new data security law, w.e.f September 1, 2021, gives President Xi Jinping the power to shut down Chinese tech giants such as Alibaba Group Holding Ltd. and Tencent Holdings Ltd. If President Xi Jinping so wills can access the vast repository of data at the disposal of the two multinational technology companies. According to China's new data security law, businesses misusing "core state data," may expect a suspension of operations, revoking business licenses, and a penalty of up to 10 million yuan ($1.56 million). In addition, China's new data security law ensures that businesses do not transmit sensitive data abroad without...
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Indian Digital Payment Platforms: Who’s got the Winning Genes?
12Jun By Manaswini TripathyNo Comments
Business

Indian Digital Payment Platforms: Who’s got the Winning Genes?

To build a cashless economy, the Indian government welcomed a band of digital payment platforms. These digital payment platforms used the UPI payment method to accelerate digital transformation. Furthermore, the nationwide lockdown imposed in 2020 due to the outbreak of COVID-19 skyrocketed digital payment as a safe and secure choice. The value of UPI transactions increased by 105% during the lockdown period. According to Statista, in February 2021, India's unified payments interfaces (UPI) operators recorded 2.3 billion online payment transactions worth more than four trillion rupees. Although this was a minor decline from January 2021, it still represented a year-over-year increase of nearly 70 percent in transaction volume. PhonePe has a 42.5 percent stake of the 2.3 billion transaction...
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Loneliness Industry: Robotics, Social Networks, Cuddle Shops & More
9Jun By Linda AshokNo Comments
Business

Loneliness Industry: Robotics, Social Networks, Cuddle Shops & More

There was a time when loneliness was considered a mental disease of a person with social anxiety. Then came a time when the porn industry capitalized on the loneliness of men and women. Now, with some altruism, loneliness is stuffed in a toy you can cuddle for self-care. As of August 2021, the loneliness industry is a thriving marketplace of robotics, social networks, cuddle shops, and more. In 2018, the UK appointed Tracey Crouch as the Minister of Loneliness. Tracey said, "Nobody should feel alone or be left with no one to turn to. Loneliness is a serious issue that affects people of all ages and backgrounds and it is right that we tackle it head-on." In 2021, Japan's PM Yoshihide Suga appointed Tetsushi Sakamoto as the Minister of Loneliness. While Canada still deliberates on a strategy...
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National Pride Month: 7 Global Startups by Non-Binary Founders
3Jun By Manaswini TripathyNo Comments
Business

National Pride Month: 7 Global Startups by Non-Binary Founders

Every year, cities such as Amsterdam, Chicago, London, Mexico City, New York, Paris, San Francisco, and São Paulo commemorating the Stonewall riots, celebrate National Pride Month to advocate for the human rights of the LGBTQIA2S community.  Also known as Gay Pride, thousands of people participate in the National Pride Month, honoring the LGBTQ+ population and their right to a meaningful existence. Pride is about people that come together to demonstrate and celebrate how far gay rights have progressed.  Countries such as Jerusalem, Moscow, and Warsaw reserve resistance to the LGBTQIA2S community even today. The Indian subcontinent and countries with conservative religious mindsets continue to criminalize and discriminate against the non-binary people at work and in society. The history of ...
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Delivering Happiness-as-a-Service, India’s Growth Bound Gifting Startups
2Jun By Manaswini TripathyNo Comments
Business

Delivering Happiness-as-a-Service, India’s Growth Bound Gifting Startups

What is Happiness? No, we don't want to drive you into a philosophical crisis. Let's take simple examples; perhaps ice cream for a 5-year-old, first-job success for a 22-year-old, and listening to old music on a rainy day for an older person. If Happiness were an exo-planet, it has made the whole world plan a civilization on it. According to the World Happiness Report 2021, Finland and Iceland are the happiest countries, while Afghanistan and Zimbabwe are at the bottom. In the meantime, India is positioned 139th out of 149 countries. The study looked at the impact of Covid-19 and also how people have coped around the world.  On May 29, 2021, the Happiness Research Institute, a think tank on well-being, Happiness, and quality of life, created and introduced The Happiness Museum. A museum...
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The Unfatherly Affair of Jeff Bezos with The Washington Post
28May By Linda AshokNo Comments
Business

The Unfatherly Affair of Jeff Bezos with The Washington Post

Talk of the town across global villages, tall, bold, and wage killer, Amazon CEO Jeff Bezos recently filed his departure, has got some past dues.  On buying The Washington Post, he said that the newspaper being in the capital city of the most important country in the world has an incredibly important role to play in this democracy. Today, as Amazon daily workers protest for minimum wage revision, he takes out The Washington Post from his pocket of investments and flashes native ads portraying Amazon's advocacy of higher minimum wage. The Washington Post: The Loss Vending Machine  In 1993, Eugene Meyer bought The Washington Post from a bankruptcy auction for $825,000. 10 years later, as free listing directories disrupted classified ad revenue leading to a decline in revenue for digita...
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Sinopharm Sinovac in the SARS-CoV-2 China-America Game Plan
27May By Linda AshokNo Comments
Business

Sinopharm Sinovac in the SARS-CoV-2 China-America Game Plan

According to a recent study published by a US-based medical journal, China's Covid-19 vaccine Sinopharm has successfully contained Covid-19. This detailed coverage from a late-stage trial appears for the first time in US medical literature. Feels good that finally, there's some sense of transparency that prevailed in China speculated to be the origin of the virus but the last among the world power to come up with the vaccines that too with glitches. According to the study published by the JAMA Network Open, a monthly open-access medical journal published by the American Medical Association, Sinopharm's vaccine-making unit China National Biotec Group Co., prevented symptomatic infections by 72.8% and 78.1% with its two inactivated vaccines developed in line with the previously announced sta...
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