Despite the increasing ability to reach foreign customers, the lack of quality translation methods is still the most challenging aspect of global expansion. Currently, even using the most advanced software services are an expensive, complicated, and inaccurate process. The result is that too often, businesses sacrifice millions of dollars in profit because marketing to global consumers is too complex to be worthwhile. advertisement advertisement That’s why we need an era of “Big Translation,” to leverage our existing technological tools and scale up translation capabilities to a level that actually matches global communication needs. Big Translation, a large-scale translation efforts by people speaking two or more languages, would allow businesses, individuals, and even tweeters to get what they want translated easily and affordably. The idea is banking on the fact that the world certainly isn’t lacking in translation talent. Nearly half the world … [Read more...] about Welcome To The Era Of Big Translation
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Raghav Pandey and Aditi SeethaThe Personal Data Protection Bill, 2019, recently approved by the Cabinet, paves the way for the long-felt need to protect privacy rights of an individual. The law, prima facie, strictly deals with issues of personal data and places stringent restrictions on “data fiduciary” and also imposes strict sanctions against violations. However, a lenient approach has been taken when it comes to the use of the data by the government.The wide exemptions provided under the Bill raise serious questions about the government’s access to individual’s data in the name of “interest of sovereignty and integrity of India, the security of the state, friendly relations with foreign States, public order” etc.Close The most debatable and questionable step is the forced collection of “any personal data anonymised or other non-personal data” from any data fiduciary or data processor incorporated under Section 91. This attempt of … [Read more...] about Personal Data Protection Bill, 2019 | Control over non-personal data a risky proposition
In our iPhone-saturated world, it can feel impossible to believe that at one point, around the turn of the 21st century, an entirely different company and mobile device dominated the market. It, too, earned outsized consumer devotion and merited praise for its simplicity, design, and function. But back then, the world of mobile computing belonged not to Apple, but to Palm. advertisement advertisement In a May 2001 feature in Fortune magazine about the cultural impact of Palm, the company behind the genre-defining PalmPilot handheld computer, writer John Simons reported that he’d “seen the best minds of my generation in thrall to their Palm Pilots.” He noted its one-time 83% market share, and predicted that a high-end version of the device was “destined for a place in the Smithsonian.” A million PalmPilots were sold in its first year and a half on the market, the article reported, outpacing the IBM PC, the Walkman, color TV, and cellphones in the … [Read more...] about What the PalmPilot can teach us about designing products people love
The tech company Basecamp has a mostly remote staff of less than 60 people. But even its headquarters aren’t in Silicon Valley; Basecamp is in Chicago. Which is why it was a bold move earlier this month when cofounder and CTO David Heinemeier Hansson announced in a blog post that the company is paying its workers according to San Francisco’s labor market. advertisement advertisement Since their employees are scattered all over the globe, it wasn’t clear what the cost of living benchmark should be. According to Heinemeier Hansson, “It started to increasingly seem like an arbitrary choice, and if we were going to make one such, why not go for the best and the top?” So as of January 1, Basecamp employees will receive a salary reflective of the top 10% of what software companies are paying in San Francisco (compared to base pay plus bonus, but not options). They also offer some amazing benefits. ( Put your resumes away, … [Read more...] about Could Paying Top Dollar For Staff Be Worse For The Labor Market?
Global brokerage house Morgan Stanley has an overweight call on the country's largest power producer NTPC with a target price of Rs 152 per share, implying a 34.5 percent potential upside from current levels.The stock rallied 1.6 percent intraday on December 12.The research firm believes the share price will rise in next 15 days. "Five out of six plants contributed to under-recoveries in FY19/H1FY20 have improved," it said.Close Adani Ports related news Ujjivan Small Finance Bank: Should investors buy, sell or hold after the bumper listing? Initiating coverage: HDFC AMC and M&M among 10 stocks that could return 10-40% in 2020 Equity inflows drop but SIP figures at all-time high; what should you do? Shares of Adani Ports and Special Economic Zone also gained 1.7 percent intraday on December 12 after the brokerage remained bullish on the stock.While having an overweight call on the stock with a target price of Rs 433 (potential upside of 17 percent), Morgan Stanley feels … [Read more...] about Morgan Stanley bullish on NTPC, Adani Ports and L&T Infotech