Chinese hackers are some of the best in the world, and several of them recently participated in a network security contest titled the Tianfu Cup. The event is China’s version of the Pwn2Own, a popular computer hacking contest. The Tianfu Cup is considered as China’s most elite competitive cybersecurity event. The organisers of the cup included, Alibaba, Tencent, Baidu, Qihoo 360 and other Chinese tech companies.Over the weekend, a number of participating teams hacked into some of the world’s most popular web browsers, Wi-Fi routers and other software. The hackers tested vulnerabilities hidden in several popular apps, including Google Chrome, Microsoft Edge, and Apple's Safari. Participants also found vulnerabilities in Microsoft Office 365 and Adobe PDF Reader.The event concluded with the team 360Vulcan emerging as the leader. The team won a total bounty of $382,500 (Approx. Rs. 2,74,80,000) by exploiting vulnerabilities in Microsoft Edge, Adobe PDF Reader, MS Office … [Read more...] about White hat hackers in China hack Chrome, Edge and Safari for Tianfu Cup
China surveillance backlash
K RaveendranIt is estimated that bets worth Rs 1,300 crore are placed on every One Day International (ODI) cricket match that the Indian team plays. These estimates cite an example from 2015, when the Indian cricket team played 21 ODI matches. This would mean a total betting amount of about Rs 27,300 crore.A Federation of Indian Chamber of Commerce and Industry (FICCI) report of 2013 put the size of India’s underground betting market size at Rs 3 lakh-crore and lamented that India was losing colossal amounts that should have been available for development, only if betting was regulated and taxed.Close This is the most compulsive argument in favour of legalising betting, which is now engaging the active consideration of the government. The Law Commission of India has produced a report titled Legal Framework: Gambling and Sports Betting Including Cricket in India, on a recommendation from the Supreme Court. related news Financial crunch due to Centre's failure to release … [Read more...] about Policy | Is it time to regulate gambling in India?
Sharekhan's research report on Grasim IndustriesIn Q2FY2020, Grasim’s standalone adjusted net profit was affected by weak operating profit margin (OPM) y-o-y in both viscose and chemical verticals due to pressure on realisation led by both global and domestic factors. Grasim’s capacity expansion plan of Rs. 7,749 crore in both viscose and chemical verticals to get operationalised during H2FY2021. The near-term outlook for viscose and chemical remains challenging due to weak exit prices, soft demand, capacity overhangs and continuing U.S.-China trade war.OutlookWe retain Hold on Grasim Industries Limited (Grasim) with unchanged PT of Rs. 803 owing to its key hangover of funding Vodafone Idea especially with increasing Vodafone Idea losses and increasing funding requirement.For all recommendations report, click hereDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that … [Read more...] about Hold Grasim Industries target of Rs 803: Sharekhan
Tata Motors, on November 18, announced its partnership with electric vehicle (EV) fleet operator, Lihium Urban Technologies. With this partnership, Tata Motors will supply 400 units of the newly-launched Tigor EV sedan that will be supplied by FY20.Apart from this, Tata will also supply Lithium Urban Technologies with 100 additional EVs that include future models. Lithium owns the largest fleet of electric vehicles outside China and is the largest Indian electric vehicle service provider. With this partnership, the company plans on expanding its fleet of 1,000 EVs and strong charging infrastructure spread across seven cities in India.Tata and Lithium will also look at developing bespoke models for corporate leadership transport services and mobility solutions.Close Commenting on the partnership, Sanjay Krishnan, Founder - Lithium Urban Technologies, said, "We are excited to partner with Tata Motors for the supply and co-development of EVs. This partnership with Tata Motors will ensure … [Read more...] about Tata Motors ties up with Lithium Urban Technologies to supply 500 EVs
A typical large steel mill might burn through 1.5 million metric tons of coal in its furnaces in a year. It hasn’t been possible to run that type of industrial process on renewable energy, because of the extremely hot temperatures required, making nearly a quarter of global emissions hard to eliminate. But new technology—which concentrates solar thermal energy to 1,000 degrees Celsius for the first time—could transform some of the most polluting industries, including steel, cement, and petrochemical production. advertisement advertisement The technology, from a California-based startup called Heliogen, uses an array of mirrors to reflect sunlight. That’s not new, but the approach that it uses nearly doubles the amount of heat that previous solar thermal tech could produce. “It’s a little bit like an enormous magnifying glass, but it’s an enormous magnifying glass that’s computer-controlled,” says Bill Gross, … [Read more...] about This Bill Gates-backed solar tech could help finally decarbonize heavy industry