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iPhone Assembler Foxconn Looks to India to Diversify Supply Chain Away From China

“A larger portion of the world’s iPhones could one day be manufactured in India, if a new report by the Wall Street Journal proves accurate.According to Tuesday’s report, Apple’s main iPhone assembler Foxconn is considering building production plants in India as a way to diversify its supply chain away from China, where most of the Taiwan-based firm’s facilities currently reside.Apple currently manufactures most of its iPhones through Foxconn, but the latter’s potential new project in India points to Apple’s vulnerability to rising U.S.-China tensions over trade and technology” writes Day…

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The poll panel reiterated that the EVMs used by it are manufactured by BEL and ECIL, both state-owned, under “very strict” supervisory and security conditions.

“Shuja also alleged that the Lok Sabha election results in Uttar Pradesh, Gujarat, Madhya Pradesh, Rajasthan, Chhattisgarh and Delhi in 2014 were rigged” writes Press Trust Of for huffingtonpost.com. Shuja said he was part of a team which designed the EVMs used in the 2014 elections.Munde died in a road accident in New Delhi weeks after the BJP won the 2014 elections in May.The self-styled cyber expert alleged that the EVMs were hacked by the BJP using a modulator which transmits military-grade frequency. Source: huffingtonpost.com

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WhatsApp tightens limit on the number of people you can share messages with

“WhatsApp is imposing stricter limits on how widely its users can share messages in a bid to crack down on the spread of false information” writes Rishi Iyengar for cnn.com. Many of the victims were mistaken as child abductors because of false rumors spread via WhatsApp.”The forward limit significantly reduced forwarded messages around the world,” the company said in a statement, adding that the limits would help keep WhatsApp a private messaging platform for close contacts. Source: cnn.com

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WhatsApp imposes new limits on forwarding to fight fake news

“WhatsApp is imposing new limits to the number of times you can forward messages and content on the platform” writes Laura Byager for mashable.com. But now, WhatsApp is restricting the sharing function to five shares for all users world wide.Since July 2018, forwarded content and messages have carried a label, and the number of people you can forward content to has been restricted.WhatsApp users in India (there are about 200 million of those) have only been able to share content with five users or groups, while users elsewhere could forward…

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WhatsApp puts limit on message forwarding to fight fake news

“Others had called on Facebook, which bought WhatsApp for $18bn in 2014, to limit forwarding globally” writes Alex Hern for theguardian.com. WhatsApp users will be blocked from forwarding messages to more than five individuals or groups under new rules the messaging service is rolling out worldwide to fight the spread of misinformation.WhatsApp’s message-forwarding mechanics have been blamed for helping the spread of fake news in part because of the way the app displays forwarded messages. Source: theguardian.com

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India wants social media platforms to remove content it deems ‘unlawful’

“If the amendments are approved, platforms like Facebook and Twitter would be required to censor content that the Indian government deems inappropriate, potentially affecting how content is served outside Indian borders” writes Jan Est for theverge.com. If the new rules are approved, platforms would have to introduce new tools to automatically flag content that the Indian government has already deemed illegal. Source: theverge.com

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Netflix added 7 million paid members outside the US in Q4FY19

“Of the new paid subscriptions, 1.5 million came from the US and the remaining 7.3 million came from outside the US. The company also has 2 million free trial users in the US, and 7.1 million internationally” writes Trisha Jalan for medianama.com. The company reported revenues of $4.1 billion this quarter, which is 27% higher YoY from $3.2 billion in the same quarter last year. Source: medianama.com

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Asia’s richest man to take on Amazon boss Jeff Bezos in India’s booming e-commerce sector

“It currently owns over 13m square feet of retail space, though a new wave of online retail in India is taking the company into new territory” writes Hasan Chowdhury for telegraph.co.uk. The trio of Reliance Industries’ businesses will combine to bring Indian merchants online.The e-commerce plans from the businessman will involve the combination of his mobile network operator Jio, which has 280m subscribers, with his additional mobile phone and physical retail ventures.Reliance Industries, the Mumbai-headquartered conglomerate owned by Mr Ambani, is drawing up plans to roll out its online shopping…

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Lower interest rates would be a ‘policy mistake’ for India’s central bank, economist says

“Lowering interest rates in India would be a “policy mistake” for the country’s central bank, according to one economist” writes unknown author for cnbc.com. But, speaking to CNBC’s “Street Signs” on Tuesday, Shah said cutting interest rates would not be reflective of where India is in the economic cycle.In other words, the Indian economy is growing at a healthy clip, so any extra stimulation from the central bank risks overheating it.Sliding food prices have also contributed to the lower inflation rate, he noted. Source: cnbc.com

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India Eyes SMBs In Pursuit Of $5T Economy

“A government working group in India has said a $5 trillion economy could be a reality for the country by 2025, with small businesses (SMBs) a key component of the roadmap it proposed to achieve that goal” reports pymnts.com. The report also recommended the development of a credit risk database for small businesses, as well as the introduction of credit rating and community-based funds for small companies.Small businesses became a focal point of the nation’s previous demonetization efforts, which introduced significant disruption to entrepreneurs who had been relying on cash…

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