India’s Nascent E-Commerce Market Likely to Draw Global, Local Players

Craigslist could learn a thing or two from Quikr. The Indian equivalent of the free classifieds service publishes product ratings, handles payments and shipping and crucially releases payment only after a buyer gives their purchase a once-over and a virtual thumbs-up. In so doing, the site that lists for sale everything from smartphones to cars is trying to solve problems familiar to every local flea-market bargain-hunter: the typically loud and messy business of haggling, unwieldy transport, and a distrust of smaller merchants. The app’s manifold services illustrate the extent to…

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Dear Startups, It’s Time to Be the Best, Not Just the Biggest

Launched in India in 2010, Ola has been one of the most successful companies here. It was the most funded startup in 2015, and it’s one of the few companies that has been able to compete with Uber. In September 2015, the company rolled out Ola Shuttle in Bengaluru and Gurgaon, essentially a private bus shuttle, with air-conditioned buses that offer Wi-Fi connectivity. They’ve expanded in scope, and now cover parts of Noida as well as part of a trial, but using them on a daily basis shows the gulf…

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iOS MDM Protocol Vulnerability Exposes iPhone, iPad to Attack: Report

Another vulnerability has been found in iOS, Apple’s mobile operating system. The mobile device management (MDM) interface for iOS, according to security researchers, can be exploited to gain complete access to the device. Apple insists that it’s not a vulnerability, but a social-engineering trick. Security researchers at Check Point Software Technologies claim that an approach dubbed “SideStepper” can allow an attacker to hijack enterprise management functions by sending a malicious link to the device. According to the researchers, clicking on that link will give attackers full control of the MDM…

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FBI Trick for Breaking Into iPhone Likely to Leak, Limiting Its Use

The FBI’s method for breaking into a locked iPhone 5c is unlikely to stay secret for long, according to senior Apple Inc engineers and outside experts. Once it is exposed, Apple should be able to plug the encryption hole, comforting iPhone users worried that losing physical possession of their devices will leave them vulnerable to hackers. When Apple does fix the flaw, it is expected to announce it to customers and thereby extend the rare public battle over security holes, a debate that typically rages out of public view. The…

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Foxconn Seals $3.5 Billion Takeover of Sharp as Execs Seek to Shake Off Doubts

Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp can turn around its ebbing fortunes. At a packed news conference following the signing of the $3.5 billion deal, Foxconn CEO Terry Gou ducked questions about how – and when – Sharp would become profitable again, but expressed confidence in the Japanese company’s ability to bounce back with its highly regarded technology. Gou pointed to Sharp’s…

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Double-Digit Growth in Indian Smartphone Market to Continue: Gartner

While the global smartphone market is set to see a decline this year, India, buoyed by aggressive smartphone launches and a huge consumer base, is likely to witness double-digit growth in 2016 as well as in the next two years, says a new report. According to information technology research and advisory company Gartner, sales of smartphones in India will reach 29 percent in 2016 and will continue to exhibit double-digit growth in the next two years while the sales in China and North America will be flat. Gartner said global…

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