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Thursday, 12 May 2016

Google's own interpretation of Amazon's Echo is coming soon

All of a sudden, it's as if everyone is working on voice-controlled personal assistants, and reports suggest that Google's version of something similar to Amazon's Echo could land as soon as the Google I/O event next week -- which would make sense. According to sources at Recode, it's currently being developed under the codename, Chirp.

Interestingly, Nest (now a part of the same company) shied away from the idea of an Echo like device, citing privacy concerns about talking to Google, its search engine, algorithms and other internet magicks. Recode's sources suggest voice search and intelligent responses from your Google devices will be the centerpiece of Google's showcase, alongside virtual reality developments. Okay, Google. Show us what you've got.

Source : http://www.engadget.com/

SC on Subrata Roy's wealth: Why is such a rich person not paying dues?

The Supreme Court on Wednesday was surprised at the extent of wealth Sahara group's chief Subrata Roy has and wondered why "such a rich person didn't pay a fraction of wealth and stayed in jail for two years".

The court was hearing a plea to extend the parole of Roy, who is now out from jail after his mother's death. During the proceedings, Sahara's counsel Kapil Sibal submitted details of all the properties of the Sahara group in India and abroad in a sealed cover and requested the court not to disclose the details of properties.
Subrata Roy.

Subrata Roy.

On May 6, the court had directed release of Roy on parole for four weeks to attend rituals following the death of his mother Chhabi Roy and allowed him to visit Haridwar and Ganga Sagar for the rites and ceremonies.

Prior to this, the bench had directed the Sahara group to furnish details of all its properties in a sealed cover to ascertain the fact as to whether they are sufficient for paying back the entire amount to the investors.

Roy has been in Tihar jail since March 4, 2014, on the orders of the apex court in relation to a long running dispute with market regulator SEBI.

The bench comprising chief justice T S Thakur and justices A R Dave and A K Sikri, which eventually gave relief to Roy on Wednesday, noted that the fresh list of properties provided in the sealed cover speaks that "value of your properties was far more than your liability".

When the court saw the list of Roy's assets it expressed surprise why "such a rich person didn't pay a fraction of wealth and stayed in jail for two years."

"Why person with this kind of fortune shall be hesitant to make payment," the bench asked.

Sibal replied, "What is your fear? I will run away. I am going to give an undertaking that I will get Rs 500 crore in two months."

Seeking extension of interim parole for Roy till August 4, Sibal said the Sahara chief has already spent more than two years in jail and his client was ready to give an undertaking that he would pay a substantial amount of money in a span of 180 days.

"We have already suffered a lot. We have learnt the lesson. We have done everything we could do. We have even authorised SEBI to sell our properties at circle rates. Give us an opportunity. Give me a chance, I will arrange the money once I come out," Sibal said.

According to a report in the Times of India, Sibal submitted two checks - of Rs 500 crore that can be encashed in August and another Rs 4,500 crore as a guarantee. However, the court finally

However, the court finally gave Roy extension until 11 July and asked him to pay up Rs 200 crore to Sebi before that date. If he fails to do this, he will have to surrender and go back to jail. The court has also allowed him to travel anywhere in India.

The court's surprise is understandable. But, as R Jagannathan said in an earlier article in the Firstpost, in the case of Sahara there are always more questions than answers.

"...The group primarily operates in areas where regulation is weak or where regulators are not sure of their jurisdiction. Sahara has also been very nimble about shifting from one regulatory jurisdiction to another in order to stay ahead of the law-enforcers. What is crystal clear is that the group is primarily into money-raising schemes that operate on the edges of the law," he had pointed out in the copy arguing that it is a fit case for an SIT investigation.

Remember, the group's claim that it had repaid most of the investors in the illegal OFCD had raised many an eye brow in 2012.

In August 2011, the group was to pay back Rs 24,029 crore to 29.6 million investors. But in just one year, the group claimed that it has paid up and the amount is just Rs 5,120 crore. This revelation had raised suspicion as it came just before the Supreme Court order of August 2012 that barred the group from making any refunds directly to the investors.

How did the group manage to decrease the amount to be repaid to just Rs 5,120 crore in just one year? This remains a mistery even now.

In other words, the Supreme Court has just added one more to the list of unanswered questions about a group mired in mistery and controversy.

Source: http://www.firstpost.com

Call Drops: Airtel Announces Self Regulation on Service Quality

A day after the apex court waived call drop penalties from telecom service providers, Bharti Airtel on Thursday announced a 25 percent more stringent voluntary call drop benchmark.

It said in a statement it has set a benchmark of 1.5 percent for mobile call drops against the current Telecom Regulatory Authority of India (Trai) prescribed norm of 2 percent under the quality of service regulations.

"Based on the calculation of the call drop rate during network busy hour on a monthly average, any amount calculated for exceeding the 1.5 percent voluntary benchmark, subject to a maximum of Rs.100 crore per annum, will be contributed by Airtel towards the education of underprivileged children in rural areas," the statement said.

After the Supreme Court verdict on Wednesday, Communications Minister Ravi Shankar Prasad said: "Consumers expect mobile operators to provide good services. I as the minister will keep a check that they are doing it."

"At Airtel, we are absolutely passionate about serving our customers and have deployed globally benchmarked technologies and processes. This self-regulation on Quality of Service further underlines our commitment to our customers despite the challenges of limited spectrum availability and acquisition of sites in urban areas," said Gopal Vittal, MD and CEO (India & South Asia), Bharti Airtel.

"We have already rolled out Project Leap, our pan-India network transformation programme, under which we transparently report our site deployments and invite our customers to log their network issues and site requirements," he added.

Following the new benchmark, Airtel will contribute Rs.1 lakh for every 0.01 percent increase in call drop rate beyond 1.5 percent every month in each circle of operation, the statement said.

"Airtel has decided to apply this standard benchmark across the country despite the constraint of difficult operating conditions in some areas, in particular hilly regions such as Jammu & Kashmir, Himachal Pradesh and North East," it added.

Airtel's mobile network in India serves over 250 million subscribers across the country.

Download the Gadgets 360 app for Android and iOS to stay up to date with the latest tech news, product reviews, and exclusive deals on the popular mobiles.

Source: http://gadgets.ndtv.com

Google bans 'deceptive' payday loan adverts from search results

Google is banning adverts for payday lenders from its search results, adding the short-term loan industry to a blacklist that includes guns, tobacco and drugs, and dealing a bitter blow to the industry.

The internet giant announced that from mid-July it would ban payday loans from its AdWords system that displays adverts at the top of search results.

The move cuts off a crucial channel for many online-only lenders. Google’s dominant search engine is a key online storefront, with lenders bidding fiercely against each other for a prime position at the top of its results.

The announcement added to a series of setbacks to the industry, which has been criticised for extortionate interest rates and predatory behaviour. Since 2014 lenders have been limited in the interest rates and additional fees they are allowed to charge, and the number of short term loans has subsequently slumped.
"These loans can result in unaffordable payment and high default rates for users"Google's David Graff

Although Google’s policies prohibit a long list of illegal or offensive practices, it is very rare for a licensed and regulated industry to be expressly blacklisted.

“When reviewing our policies, research has shown that these loans can result in unaffordable payment and high default rates for users so we will be updating our policies globally to reflect that,” Google’s director of global product policy David Graff said.

“This change is designed to protect our users from deceptive or harmful financial products.” He said any loans where repayment is due within 60 days would be banned.



The move was instantly criticised by the Consumer Finance Association (CFA), which represents short-term lenders.

“UK consumers enjoy a vibrant, highly competitive credit market and we will be interested to read the evidence that Google uses to justify overruling open market advertising of a legal, regulated industry to deny people freedom of choice,” the CFA’s chief executive Russell Hamblin-Boone said.

“Short term loans are a legal source of credit used by millions of people across the UK and the industry is highly regulated with a cap on the total cost of credit.”

Source: http://www.telegraph.co.uk

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Expect unconditional apology, not silence, CM Chandy to PM Modi after Somalia remark

Prime Minister Narendra Modi faced more heat on Thursday for comparing Kerala to Somalia with Chief Minister Oommen Chandy saying people of the state expected an unconditional apology from him and not his silence after it whipped up a controversy.

The comparison made by Modi at a poll rally in the state early this week when he said the “infant mortality rate among the scheduled tribe community in Kerala is worse than Somalia” has set off a political storm and triggered criticism in the social media.

Twitter users have responded with hashtag #PoMoneModi (Get lost Modi), a take off from the Mohanlal starrer, which features the famous punch line “Po Mone Dinesha” to ridicule some of the characters of his hit film ‘Narasimham’. Chandy flayed Modi for not withdrawing his controversial comment while CPI-M leader Kodiyeri Balakrishnan said his statement would result in a setback to BJP in the ensuing polls as it has insulted the people of the state. Kerala goes to polls on May 16.

In his Facebook post, Chandy said Modi had kept mum on the controversy and what Keralites want is not his silence, but an unconditional apology from the Prime Minister. “Prime Minister Narendra Modi left the election campaign rally without answering my questions. It could be due to the wide criticism he had received not only from the state, but also from Malayali community world over,” the senior Congress leader said.

- See more at: http://indianexpress.com

Brazilian President Dilma Rousseff to face impeachment trial

Brazilian President Dilma Rousseff is set to face trial after the Senate on Thursday voted to impeach and suspend her.

Fifty-five of the 81 members of Brazil's upper house voted in favour of the motion. Twenty-two voted against, BBC reported.

Rousseff, the country's first woman president, is accused of illegally manipulating finances to hide a growing public deficit ahead of her re-election in 2014, which she has denied.

Vice-President Michel Temer will now assume the presidency while Rousseff's trial takes place which may last upto 180 days, media reports said.

Rousseff made a last-ditch appeal to the Supreme Court on Wednesday to stop proceedings, but the move was rejected. Her suspension brings an end to 13 years of the rule of her Workers' Party.

The senators were each given 15 minutes to speak, with a buzzer indicating when their time was up. In total 71 of the house's 81 members spoke.

Former president Fernando Collor de Mello, himself impeached by the senate in 1992, said that he feels the country has "regressed politically", CNN reported.

His colleague Armando Monteiro said the impeachment was politically motivated and would set a dangerous precedence.

"We will, indeed, be promoting a rupture in the nation's institutional order."

Rousseff, who was first sworn into office in January 2011 and started a second term in 2015, has called the steps to remove her a "coup".

Rousseff has been also blamed for the worst recession since the 1930s, now in its second year.

Senator Waldemir Moka told the upper house during the motion that if the impeachment trial was successful, the future president would assume a government with a 250 billion Brazilian real debt ($72 billion) according to conservative projections, with the possibility of being up to 600 billion real ($174 billion).

Rousseff would be suspended during the Olympic Games in Rio de Janeiro which starts on August 5.

When the investigation ends -- which could be as late as November -- the process would return to a special Senate committee.

At that point, Rousseff would have 20 days to present her case. Following that, the committee would vote on a final determination and then present it for a vote in the full senate.

It would take a two-thirds majority to then remove the president from office.

Source : http://www.business-standard.com

UPDATE 1-Uganda blocks social media, clamps down as president sworn in

May 12 Ugandan authorities blocked social media sites including Twitter, Facebook and Whatsapp on Thursday as President Yoweri Museveni was sworn in after a disputed re-election that led to a crackdown on dissent.

Museveni, 71, who took the oath of office at an event in Kampala, officially won 60 percent of the vote in the February ballot, extending his 30-year rule by another five years.

The opposition said the vote was rigged and protests broke out, leading to clashes with police and dozens of arrests.

Ugandan officials said it was free and fair, and dismiss accusations that they have clamped down on free speech.

On Wednesday, police arrested opposition leader Kizza Besigye after a street protest. Besigye, who heads the Forum for Democratic Change party, won 35 percent of the vote. He has been under house arrest on and off since then.

Godfrey Mutabazi, the executive director of Uganda's telecommunications regulator, said security agencies had asked access to social media websites to be blocked "to limit the possibility of terrorists taking advantage" of visits by dignitaries.

Uganda is hosting several heads of state for the ceremony.

Residents said the sites had been inaccessible since late Wednesday.

The authorities also blocked social media during voting and shortly afterwards, a move criticised at the time by the United States and rights groups, who said it undermined the integrity of the process.

EU monitors said the election was held in an intimidating atmosphere and the electoral body lacked independence and transparency.

The government has also banned live television or radio coverage of protests.

One mobile operator, South Africa's MTN Group, told customers in a message that social media had been temporarily blocked at the request of the authorities.

In the days leading up to Museveni's swearing-in, authorities also placed more security patrols on the streets of Kampala and residents said there was a strong presence of military and police on Thursday.

Opposition to the president is strongest among youths in urban areas, where frustration has been fuelled by unemployment, corruption and crumbling public services.

Since coming to power in 1986, Museveni has been credited with restoring order after years of chaotic rule.

The economy has been growing, but experts say it has failed to keep pace with the rising population, and critics also complain about Museveni's failure to stem corruption and a clampdown on opposition voices. (Additional reporting by Elias Biryabarema in Nairobi; Editing by Edmund Blair and John Stonestreet)

Source: http://in.reuters.com

Wednesday, 11 May 2016

Brazilian Senate set to launch Dilma Rousseff impeachment

Brazilian President Dilma Rousseff was only hours from possibly being suspended at the start of an impeachment trial Wednesday in a political crisis paralyzing Latin America's largest country.

Her government lawyer lodged a last-ditch appeal with the Supreme Court on Tuesday, but it was unclear whether the court would even respond in time.

Barring a dramatic twist in events, the Senate was to start debating impeachment at approximately 9:00 am, with voting expected either

Her government lawyer lodged a last-ditch appeal with the Supreme Court on Tuesday, but it was unclear whether the court would even respond in time.

Barring a dramatic twist in events, the Senate was to start debating impeachment at approximately 9:00 am, with voting expected either late at night or in the early hours of Thursday.

A majority of more than half of the senators in the 81-member chamber would trigger the opening of a trial and Rousseff's automatic suspension for up


A majority of more than half of the senators in the 81-member chamber would trigger the opening of a trial and Rousseff's automatic suspension for up to six months. In the final judgement, removing her from office would require a two-thirds majority.

She is accused of breaking budgetary laws by taking loans to boost public spending and mask the sinking state of the economy during her tight 2014 re-election campaign.


Rousseff says the accounting maneuvers were standard practice for many governments in the past and describes the impeachment as a coup mounted by her vice president, Michel Temer, who will take over if she is suspended.

A onetime Marxist guerrilla tortured under Brazil's military dictatorship in the 1970s, Rousseff therefore faces possibly her final day in power Wednesday.

Her official agenda released daily to the public contained a solitary item: "Internal paperwork."
Rousseff vows to resist.

"I am going to fight with all my strength, using all means available," she told a women's forum in Brasilia on Tuesday.

Rousseff called her opponents "people (who) can't win the presidency through a popular vote" and claimed they had a "project to dismantle" social gains made by millions of poor during 13 years of Workers' Party rule.

In an effort to cripple Temer's ambitions, Rousseff allies went to the top electoral court asking that the prob ..

The country's first female president has also become deeply unpopular with most Brazilians, who blame her for presiding over the recession and a massive corruption scandal centered on the state oil company Petrobras.

In an already chaotic week in which the interim speaker of the lower house tried to order the upper house to halt impeachment proceedings -- only to back down hours later -- there was no patching over the sprawling South American country's deep divisions.

Workers' Party faithful on Tuesday burned tires and blocked roads in Brasilia and in Sao Paulo in a potential taste of more street trouble to come.

Lawmaker Jose Guimaraes, a Rousseff ally, said that despite almost certain defeat in the initial Senate vote, the impeachment trial itself would be an all-out fight.

"We will have 180 days in the Senate, talking with every one of them, to get them to change their minds," he told journalists, warning that "our main fight today will b ..

Read more at: http://economictimes.indiatimes.com