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Twitter reviews verification process, mulls to charge users for blue tick

Twitter reviews verification process, mulls to charge users for blue tick

by | Oct 31, 2022 | Technology



(Reuters) – Twitter will revise its user verification process, Elon Musk said in a tweet on Sunday, just days after he took over one of the world’s most influential social media platforms.


“Whole verification process is being revamped right now”, Musk said in his tweet without giving more details on what may change.


Twitter is considering charging for the coveted blue check mark verifying the identity of its account holder, technology newsletter Platformer reported on Sunday, citing two people familiar with the matter.


Users would have to subscribe to Twitter Blue at $4.99 a month or lose their “verified” badges if the project moves forward, according to the report.


The CEO of Tesla Inc has not made a final decision and the project could still be scrapped but according to Platformer it is likely that verification will become a part of Twitter Blue.


Twitter Blue was launched in June last year as the platform’s first subscription service which offers “exclusive access to premium features” on monthly subscription basis including a feature to edit tweets.


The feature to edit tweets was also made available earlier this month after Musk’s insistence using a Twitter poll in April asking his millions of followers whether they wanted an edit button. Over 70% had said yes.


The billionaire has also requested that logged out users visiting Twitter’s site be redirected to Explore page which shows trending tweets, The Verge reported on Sunday citing employees who were familiar with the matter.


 


(Reporting by Akanksha Khushi in Bengaluru; editing by Diane Craft)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)



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Only 40% of businesses happy with network capabilities, shows data

Only 40% of businesses happy with network capabilities, shows data

by | Oct 30, 2022 | Technology


Almost 70 per cent of CEOs believe their network maturity level is hurting business delivery, NTT’s Global Network Report has found.

The adoption of hybrid, distributed work environments with multiple connected devices is erupting through enterprises but, despite investments, just two in five businesses say they are very satisfied with their current network capabilities.

The result is a new era of network modernisation.

A majority of executives rely on it to enable business growth (>90%) and support artificial intelligence (AIOps) (91%).

Key findings:

Network & digital transformation

  • 97% of CIOs and CTOs agree networks are vital for enabling outcomes related to business growth
  • 70% of CEOs say a lack of network maturity is negatively affecting their business delivery
  • 70% increased their IT spend (as % of revenue); nearly two-thirds increased network spend (as % of IT spend)

Business and network strategy

  • 94% agree cloud-based workloads demand greater availability, scale and performance from the network
  • Almost 50% fully align their business strategy with their technology, security, network and/or managed services strategies
  • 70% cite a lack of IT-business function collaboration as key to this disconnect

Trends driving change

  • 95% of C-suite executives confirm they will invest in modernising their networks, with 60% already using the latest technologies
  • 94% say business demands for increased speed, agility and innovation are driving new operating models

Network management

  • Most organisations are not fully satisfied with their current network capability and prefer to outsource
  • 86% currently buy in silos or from an incumbent, and cite budget constraints and restrictive vendor practices as the main pain points

Looking ahead

88% say they would prefer to outsource the end-to-end network to a single partner, with a preference for the network-as-a-service model, citing flexibility as their top motivation

Future of the network

  • Network dependency is expected to grow and shift to new trends for smarter networks in the coming two years
  • 90% require investment in AIOps, automation and improved analytics to optimise network operations
  • 95% willing to move to centrally managed network (off- or near-shore), and >90% comfortable with platform-based services
  • 80% of top performers already outsource over half of their network infra- structure
  • 72% of organisations will outsource each network technology in the next two years



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Microsoft rolls out new feature to its MFA app, prevents spam attacks

Microsoft rolls out new feature to its MFA app, prevents spam attacks

by | Oct 29, 2022 | Technology



Microsoft has rolled out a new feature to its multi-factor authentication (MFA) app, Microsoft Authenticator, to prevent spam attacks.


According to ZDNet, the company has rolled out ‘number matching’ in push notifications which will help prevent MFA attacks that rely on push notification spam.


When ‘number matching’ is enabled, the Authenticator app asks the user to enter the number shown on the sign-on screen rather than just selecting “approve” when approving an MFA request. This will be a useful feature for admins whose users were unprepared for the MFA attack.


The feature is available for the administrators for now, but the company wants to make ‘number matching’ the default for all Authenticator users in February 2023.


To avoid unintentional approvals, administrators can also set up Authenticator to use application context and location context.


After the new feature becomes the Authenticator app’s default, the admin rollout controls will be removed.


Earlier this year, researchers discovered so-called “MFA fatigue attacks” targeting Office 365 users. In those attacks, attackers continually cause MFA push alerts while attempting to log into a victim’s account using a password that has previously been compromised.


The attacker was counting on the victim becoming tired or inattentive enough to approve the login attempt mistakenly at some time, the report said.


–IANS


aj/ksk/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)



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Translucia, Sunovatech India partners to build metaverse, talent ecosystem

Translucia, Sunovatech India partners to build metaverse, talent ecosystem

by | Oct 28, 2022 | Technology



Translucia, the metaverse developer subsidiary of T&B Media Global (Thailand), and Sunovatech India, an immersive and extended reality company, on Friday announced a series of initiatives to build a metaverse and talent ecosystem.


Translucia has partnered globally to build a comprehensive ecosystem with metaverse elements to create a virtual world worth $3 billion.


Sunovatech will act as a production hub to build 3D assets, environments and modules for the Translucia metaverse.


The collaboration, said the companies, will also bring together major businesses and startups specializing in related metaverse technologies to contribute to building a comprehensive ecosystem.


The engagement will involve businesses across verticals, including healthcare, education, art and culture, technology and real estate.


“We have partnered with potential businesses across the globe in technology infrastructure development, creativity, interactive user experience, finance and economics/tokenomics to build a $3 billion interconnected metaverse and we believe India is a perfect destination to explore talent that would help to accelerate our project,” said Dr Jwanwat Ahriyavraromp, Founder and CEO of T&B Media Global and Founder of Translucia.


“Building a metaverse is a complex process and this partnership will enable the unification of experts from around all the related technologies on a single platform to make this vision a reality,” Ahriyavraromp said in a statement.


Under the partnership, Translucia has agreed to provide support, cooperation and investment, holding hands to jointly develop Translucia metaverse to a global scale.


With over 20 years of experience, Sunovatech will design 3D virtual reality experiences for Translucia.


Sunovatech, which specialises in 3D modelling and rendering design, will assist in the development of 3D assets and environments for visualising by utilising its exceptional Unreal engine technology development and specialists.


“We are excited to enter this new phase of the collaboration where we will engage with the Indian ecosystem working on metaverse and other immersive technologies. At present, there are around 50-60 companies working in this space in India. Our end goal is to work together with them to use the expertise of each and every of these companies to make something which can compete on the global stage,” said Rishi Ahuja, Founder of Sunovatech.


“Also, India is a house to a large talent pool for technology and with new age technologies like metaverse, AR/VR, etc. playing a huge role for the future growth of countries, we also look forward to building a strong talent ecosystem as well under this partnership. Sunovatech will be a gateway for Translucia to enter India and engage with the growing ecosystem for the metaverse here,a he explained.


–IANS


na/ksk/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)



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Telegram to organise existing username auctions on TON blockchain

Telegram to organise existing username auctions on TON blockchain

by | Oct 28, 2022 | Technology



Encrypted messaging platform Telegram has announced to hold an auction for usernames through a marketplace built on top of the TON Blockchain for both individual accounts and channels.


According to TechCrunch, the concept was first brought up in August by Pavel Durov, the founder of Telegram, who noted the potential for “a little bit of Web 3.0 to Telegram.”


“I am really impressed by the success of the auction TON conducted for their domain/wallet names. Wallet.ton was sold for 215,250 Toncoin ($260000) while casino.ton was sold for $244000,” Durov was quoted as saying in the report.


“If TON has been able to achieve these results, imagine how successful Telegram with its 700 million users could be if we put reserved usernames, group and channel links for auction,” he added.


Telegram and TON Foundation use a separate website (fragment.com) as a hub for these auctions. Users can access the website using Telegram, the Tonkeeper app or their TON-based wallets.


The website will assist users to connect their accounts to the purchased handles, the report said.


Each handle that is placed up for bid will have an additional hour for final bidding and will end in a week.


The company sets a $10,000 Toncoin minimum auction value for four-character handles, which at the time of writing is equal to about $18,400.


–IANS


aj/uk

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)



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Xiaomi shuts financial services in India to focus on core business services

Xiaomi shuts financial services in India to focus on core business services

by | Oct 28, 2022 | Technology



Global technology brand Xiaomi on Friday said it has closed the Mi Financial Services in India as part of its strategic assessment activity and to focus more on core business services in the country.


The company launched Mi Pay in the country in 2019 which garnered more than 20 million users in the country. The company also launched Mi Credit later.


In a statement to IANS, Xiaomi India said the move is “to enhance focus on our core business services”.


“We closed the Mi Financial Services in March 2022. In a short span of four years, we were able to connect and support thousands of customers. We are working with our partners and supporting our consumers during this process,” the company spokesperson said.


Xiaomi India said it will continue to bring the latest technology and innovation for all with “our products and services in the future”.


Initially launched in May 2018 and then relaunched on December 3 in 2019, Mi Credit was an online curated marketplace for lending, to offer personal loans to Mi Fans.


According to the company, it disbursed personal loans of up to Rs 28 crore (or Rs 1 crore per day) during the pilot phase which ran through November 2019.


It later informed that over Rs 125 crore worth loans were disbursed via its digital lending solution in India till December 2019.


The company led the India smartphone market in the third quarter this year. According to a report by market research firm Canalys, Xiaomi held onto the first place with 9.2 million units as the brand gained traction from July’s online sales ahead of the festival season.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)



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