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F-Secure Links Advanced Malware Threat To South China Sea Cyber Attacks

F-Secure Labs has uncovered a strain of malware that appears to be targeting parties involved in the recently decided Philippines vs. China case regarding the two countries’ South China Sea dispute. The malware, dubbed NanHaiShu by F-Secure researchers, is a Remote Access Trojan that allows attackers to exfiltrate data from infected machines. “This APT (advanced persistent threat) malware appears to be tightly linked to the dispute and legal proceedings between the Philippines and China about the South China Sea,” said Erka Koivunen, Cyber Security Advisor at F-Secure, adding “Not only are the...
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MediaTek Launches IoT SoC’s Targeted At India’s Smart Home Market

MediaTek India has announced the availability of two new System on Chips (SoCs) specifically targeted towards the emerging connected home market in the country. The MT7687 and MT7697 chipsets feature a range of innovative architecture designs and function, and will be made available across Internet of Things (IoT) devices. End products on these SoCs are likely to be available in India by Q4 2016. These SoCs are expected to be used for home gateway solutions and smart electronics like smart washing machine, refrigerators, air-conditioners and other home appliances. The key...
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Bengaluru To Host Asia’s Biggest Startup Expo

Bengaluru to host World Startup Expo, a unique 3-day platform for startups, leading technology providers, investors, thought leaders and influencers. World Startup Expo 2016, Asia’s largest congregation, aims to bring together the most happening and disruptive startups and SMEs, along with the expertise of executives from the top corporations, government agencies, incubators, investors, HNWIs, VC funds, banks, students and technology companies from across the world. To maximize the platform, WSE 2016 will have four different streams running over three days. These include: - WSE Exhibition: 10000 SQM exhibiting area with 500+ startups,...
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Nissan Likely To Sell Its Battery Business To Panasonic: Report

Nissan Motor is reportedly in talks with Panasonic and overseas companies including Chinese firms over the possible sale of its controlling stake in a car battery manufacturing venture. Two people with knowledge of the matter told Reuters on Saturday that the Japanese automaker wants to sell its 51 percent stake in Automotive Energy Supply Corporation, which makes lithium-ion batteries for electric vehicles. The company is jointly owned by NEC. Quoting the unconfirmed report published in The Nikkei daily, Reuters reported that Nissan was looking to sell the company because it would be cheaper...
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Trai Proposes Stricter Quality Norms For Telcos

Taking a serious note of the call drop issue, telecom regulator Trai has proposed stricter quality norms for local areas and imposing financial disincentives for poor services. At present, the quality norms are at service area level but Trai feels such a calculation may give a “different picture” about the quality of customer experience. “There could be many areas or localities within the service area where the Quality of service (QoS) could be poor. One of the options for ensuring QoS could be through increased investments for infrastructure development by...
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Eaton Introduces Next-Gen Rack Power Distribution Units

Power management company Eaton has introduced its new advanced range of rack power distribution units (PDUs), ePDU G3, in India. Featuring Eaton’s third-generation (G3) technology, the ePDUG3 platform combines innovative technologies such as the new Eaton patented grip feature for International Electrotechnical Commission (IEC) connectors that make operations safer. Offering a variety of capabilities to fulfill IT requirements, the range of ePDU G3 models support a wide-array of applications ranging from small/medium businesses to enterprise data centers. In India, Eaton’s ePDU G3 range will initially be available in three different...
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Facebook Plans Expansion Of ‘Express Wi-Fi’ In Rural India

Social networking giant Facebook is reportedly in talks with Internet service providers (ISPs) to expand its Express WiFi program into a commercial launch in India. The company has completed a pilot rollout of 125 rural public Wi-Fi hotspots in a tie-up with state-run Bharat Sanchar Nigam. Express WiFi is a Mark Zuckerberg headed Internet giant’s initiative aimed at taking affordable broadband to the rural areas of the country in partnerships with Internet service companies and small entrepreneurs. “We are testing Express WiFi program in India that allows customers to purchase...
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Weekly Recap: Top 10 Stories On Channel Times

GST Amendments Evoke Positive Reactions From IT Channel Channel partners have welcomed the historic GST Bill passed by the Rajya Sabha on Wednesday. Channel partners said that the bill, which proposes uniform taxation across the states, will bring ease of doing business and resolve various challenges in the current indirect tax landscape. Read More Cyber War Is Real & We Are Preparing For It: Kiran Rijiju The government of India has taken a very serious note of the growing incidence of cyber-attacks on various institutions in recent months. Union Minister of...
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Zopper Rolls Out 3-day Lowest Price Challenge On Consumer Electronics

In a constant effort to bring more value to its users and consumers, Zopper, India’s largest hyperlocal marketplace, has launched a three-day Lowest Price Challenge. During the campaign period, Zopper will list the lowest prices of consumer electronics on its mobile platform, sourced from local electronics stores. If users are able to find prices lower than those listed on Zopper, on top three e-commerce sites, they will be entitled to win double the difference of the amount in their wallets. The challenge is live from August 4th to August 6th...
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