VARINDIA IT MAGAZINE

The market regulator ( SEBI ) said, it has initiated the probe against various entities in the NSE co-location case, with this it has alleged various lapses in high-frequency trading offered through the National Stock Exchange's co-location facility. We have received the NSE investigation report in the co-location case... have initiated enforcement actions," Sebi Chairman Ajay Tyagi said. In the coming few days, the enforcement actions would be completed against the entities, he added. Tyagi also said that the investigation has nothing to do with the NSE's proposed initial public offer.The regulator was probing allegations that some brokers had unfair access to NSE's high frequency trading systems. In March, the NSE said SEBI had returned its consent application in the case due to the ongoing investigation.... Read More

With the digitalization will continue to transform our industries, lives and society. The Fifth-generation wireless (5G) , is the latest technology, engineered to greatly increase the speed and responsiveness of wireless networks as the Mobile systems acting as a backbone for both the Internet of Things (IoT) and a rapidly expanding range of digital services. We believe that The 5G system will enable many new use cases that will make the critical role of mobile systems even more apparent than it is now. Among the key 5G telecom companies are Sweden’s Ericsson, Finland’s Nokia, Chinese companies Huawei and ZTE, South Korea’s Samsung, Japanese companies NEC, Fujitsu and Sumitomo and American multinationals Qualcomm and Intel. With 5G, data transmitted over wireless broadband connections could travel at rates as high as 20 Gbps and 5G will also enable a sharp increase in the amount of data transmitted over wireless systems due to more available bandwidth and advanced anten...

Instagram has recently launched IGTV. It is a new app where users can upload videos longer than a minute. It was revealed at an event by the CEO of the company Kevin Systrom. The app hosts videos up to one hour and anyone can upload it either from the dedicated app or from Instagram. Everything is mobile-oriented, meaning videos are in a portrait mode. The app brings some new tools for users who want to make longer videos. First, anyone who doesn’t want to download the app can still watch them from the main Instagram app – promo pics suggest a button at the top of the app will allow them to access IGTV content.... Read More

As per a news source, the Australian Federal Court has ordered Apple to pay $9 million as penalty for making false or misleading representations to customers with faulty iPhones and iPads about their rights under the Australian consumer law. The Australian Competition and Consumer Commission (ACCC) took action against Apple US and Apple Australia, following an investigation of complaints relating to “error 53”. This error disables some iPhones and iPads after owners download an update to Apple’s iOS operating system. Apple US admits that it had represented to at least 275 Australian customers from February 2015 to February 2016 affected by the error that they were no longer eligible for a remedy if their device had been repaired by a third party. These representations were made on Apple’s US website by Apple Australia’s staff in-store and on its customer service phone calls.... Read More

Most popular Swedish-based app for flight tracking services Flightradar24, which shows real-time aircraft flight information on a map, has suffered a massive data breach that have compromised email addresses and hashed passwords for more than 2,00,000 customers and has been shut down immediately after the intrusion was detected late last week. This information has shared in the company blogs and Forums on the breach publically via their blog or social media accounts, Flightradar24 started sending out emails this week with a password reset link, asking them to change their passwords. The company says, we have already invalidated your old password and the link in the email will allow you to create a new password. Expected a target of a phishing attack. The forum says, we can confirm that the email some of our users received in regards to a security breach has been sent by us. The security breach may have compromised the email addresses and hashed passwords for a small sub...