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Google Launched Verified Calls Phone App

10Sep By AdityaNo Comments

Tech

Google Launched Verified Calls Phone App

Search giant Google has announced Verified Calls feature for its Phone app. The company said in its blog post that Verified Calls aims to solve this problem by showing the caller’s name, logo, the reason for calling and a verification symbol indicating the business has been authenticated by Google. This is done in a secure way and Google doesn’t collect or store any personally identifiable information after verification. The reason to launch this phone app is a 2019 FTC report found that phone calls were the number one way people reported being contacted by scammers. While most people said they hung up on those calls, those who lost money reported a median loss of $1,000. Spam and scam calls erode trust in businesses and increase costs to consumers. Google Verified Calls will ini...

Swiggy Scam: Is India’s Best Startup Award Winner, a Wolf in Sheep’s Clothing?

29Jul By AnkitaNo Comments

ANALYSIS, News

Swiggy Scam: Is India’s Best Startup Award Winner, a Wolf in Sheep’s Clothing?

Swiggy, a pan-India food delivery app, whose claim to fame was by creating opportunities for local restaurants and the underprivileged, have recently come under the spotlight for allegations of fraud and trickery. In an anonymous post, on Tumblr, current and former employees exposed the company’s skeletons, leaving people feeling furious and cheated. The criticism itself was contemptuous and clearly displayed the abhorrence of the writers. The post contained proof in the form of photographs that revealed the contrast between company-held figures and the presentations sent to investors. Such corruption could be expected from a big multinational company but not from an innocent, idealistic startup. Here are the crimes, Swiggy was accused for committing in the Tumblr post, "Swiggy, a House of...

Indian Police Bust $550 Million Internet Scam That Duped Thousands

4Feb By NitishNo Comments

News

Indian Police Bust $550 Million Internet Scam That Duped Thousands

Indian police have busted an internet scam in which around 650,000 people lost a combined 37 billion rupees ($549 million) after sending money to a company that promised they would earn cash by clicking on web links, police said on Friday. Police, who described the pyramid-style scheme as one of India's biggest ever, said they had arrested three ringleaders on the outskirts of New Delhi, the capital, and seized more than 5 billion rupees ($74 million) from bank accounts. "They learned that if you give some money back to members, the investments would go up exponentially," Amit Pathak, head of a police cyber crime unit in India's populous northern state of Uttar Pradesh, told Reuters. The men ran a series of websites that promised would-be subscribers a chance to earn five rupees (...

Rs 2000 Cr Cisco Scam: BSNL to Look Into Allegations of Irregularity in Tender

29Dec By Press Trust of IndiaNo Comments

INDIA

Rs 2000 Cr Cisco Scam: BSNL to Look Into Allegations of Irregularity in Tender

State-owned Bharat Sanchar Nigam Ltd (BSNL) today said it will look into allegations of irregularity in award of network equipment tender to US tech giant Cisco in 2014. Reports said BSNL tender norms for procuring IP-MPLS equipment for the Network for Spectrum (NFS) project were allegedly tweaked to so that the Rs 2,000 crore contract went to US giant. "Prima facie there is no substance to the allegations, but since the reports have come we will look into the matter once again. In the past also, these things have come up before I joined, and a proper reply on the subject has been given," BSNL CMD Anupam Shrivastava told. Cisco, in an emailed statement, said the company does not comment on customer relationships or internal processes. "Cisco strives to maintain high standards of et...