CERT-In, the national agency in charge of securing the Indian Internet domain has issued an alert against ‘BrutPOS’ – a virus of the Trojan/Botnet family which attacks Point of Sale (POS) business counters. The infection carries the potential of stealing all of a card’s data. The agency has recommended to keep the POS softwares updated, admin access denied and vigilant against bruteforce attacks. LINK
Flipkart has confirmed that it has raised a fresh $1 Billion in a round led by existing investors Tiger Global and Naspers along with GIC, Accel, and DST Global, at a $7 billion valuation. This is the largest investment raised by an Internet company in India and probably one of the largest globally as well. This takes the total Flipkart has raised so far to $1.75 billion. “This investment helps us think really long term and take big bets” – Sachin Bansal. Acquisitions are expected to continue. LINK
Following this, Amazon has announced that it plans to invest $2B in India. Link
Amazon India has opened a fulfillment center in Chennai. Delhi, Jaipur, Ahmedabad and Tauru (outskirts of Gurgaon) will soon follow. This will take the tally to seven, including the existing ones in Mumbai and Bangalore. LINK
Mi, (Xiaomi) a Chinese electronics maker has announced to introduce the Redmi Note at Rs 9,999 for India. Featuring a 5.5-inch HD IPS display, Redmi Note is powered by octa-core 1.7 Ghz MediaTek MTK6592 mobile chipset, 2 GB RAM, 8 GB on-board storage, 13 MP rear camera with LED flash, 5 MP front camera, Dual-SIM support, Bluetooth 4.0, GPS+A-GPS, Wi-Fi, USB OTG and 3100 mAh battery. Redmi Note runs custom MIUI interface derived from Android and will be made available in coming months. LINK
San Francisco based company App Dynamics has set up its base in Bangalore, India in a move that is seen as a move to focus on Asia and Australia. The company is known for its management tools for the cloud which are designed to give organizations a better picture of what happens within their software systems. App Dynamics also helps organizations identify problems within their systems easily.
Mi, (Xiaomi) a Chinese electronics maker, has announced the new Dual-SIM Redmi 1s smartphone for India. The new Redmi 1s will compete with Motorola Moto E and ASUS Zenfone 4 at Rs 6,999. Redmi 1s features a 4.7-inch IPS display with HD resolution, quad-core 1.6 Ghz Qualcomm Snapdragon 400, 1 GB RAM, 8 GB on-board storage, 3G SIM support, 8 MP rear camera with LED, 1.6 MP front camera, Bluetooth 4.0 LE, GPS+A-GPS+GLONASS, and 2000 mAh battery. The Redmi 1s runs custom MIUI version based on Android 4.3 Jelly Bean. LINK
India’s National Informatics Center, the premier government agency responsible for issuing digital signatures (SSLs certificates) to genuine users in the country has issued an advisory to users. The NIC says that several SSL certificates have been inadvertently issued through the National Informatics Centre-CA (NIC-CA) which could be potentially used to spoof content and perform phishing attacks.
India’s Minister of Communication and IT Ravi Shankar Prasad has in a written reply to Lok Sabha said that several Indian Internet Service Providers (ISPs) are finding it difficult to block websites that contain sensitive content. He claimed that ISPs have difficulties in blocking access to sites that use “https” and secure protocols. An Indian court had recently asked Indian ISP’s to block access to over 200 websites following a complaint.
Mi, known as Xiaomi, is a Chinese electronics maker who has made a debut in India today by introducing a powerful Mi3 smartphone. Mi has loaded the MIUI v5 based on Android 4.4.2 KitKat update. The Mi3 features 5-inch IPS LCD display with 1080p HD resolution, quad-core 2.3 Ghz Qualcomm Snapdragon 800 mobile chipset, 2 GB RAM, 16 GB non-expandable storage, 13 MP rear camera with LED Flash, 2 MP front camera, NFC, dual-band Wi-Fi, Bluetooth 4.0, GPS+A-GPS+GLONASS, and 3050 mAh battery. Those who register with mi.com/in or flipkart.com/mi before July 21, can buy it for Rs 13,999 instead of Rs 14,999. Mi Mi3 will be available for purchase from Flipkart on July 22. LINK
Revenue per employee ($ millions):
Apple — $2.1M
Google — $1.2M
Oracle — $0.31
IBM — $0.23M LINK