China's first white paper on cyber security justifies curbs on social media, says it will thwart 'external interference'

March 3, 2017

Beijing, Mar 3: Justifying its curbs on Facebook, Twitter and Youtube, China on Thursday said such controls were needed to prevent "external interference".

socialmedia"Safeguarding China's sovereignty, security and development interests in cyberspace has become an important strategic goal," China's first white paper on cyber security released here said.

Titled "International Strategy of Cooperation on Cyberspace", the white paper highlighted how several countries including China and Russia pushed for a "sovereign" and nationally-administered and controlled internet to avoid external interference.

While it said China "supports a free and open Internet", senior Chinese officials who released the paper to the media put up a strong defence to Beijing's internet controls by blocking global social media websites like Facebook, Twitter and Youtube with Great firewalls, saying that it is keeping in line with protecting China's national interests.

Releasing the white paper, Wang Jianchao, International Cooperation Department of the Cyberspace Administration of China said, "the Chinese Internet is fully open".

"As long as they comply with Chinese laws and regulations, refrain from undermining China's national interests and interests of Chinese consumers, all Internet companies are welcome in China," Wang said.

Long Zhou, Coordinator, Cyber affairs division of the Foreign Ministry said, China was "deeply worried that around the world cyber attacks are increasing".

China, which has only state-controlled media, is trying to grapple with spread of social media like Weibo, a Chinese version of twitter which has hundreds of millions of users.

Weibo itself has over 313 million users. The ruling Communist Party of China (CPC) worries that it could be effectively used to subvert its over six decades of rule.

China's concept of cyber sovereignty will be discussed in the BRICS, (Brazil, Russia, India, China, South Africa) to be held in Xiamen in September this year, officials said.

It will be discussed in the cyber security working group of the bloc, they said.

"As BRICS host this year, China stands ready to work together with Russia and other BRICS partners," Long said.

On the allegations of Russian interference in the US election, Long said, "especially in recent years, the number of cyber security events throughout the world increasing, posing challenges to all countries' efforts to maintain political, economic stability and protecting all citizens' rights and interests".

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News Network
January 17,2020

New Delhi, Jan 17: E-commerce major Amazon on Friday said it plans to create one million new jobs in India over the next five years through investments in technology, infrastructure and its logistics network.

These jobs are in addition to the seven lakh jobs Amazon's investments have enabled over the last six years in the country.

"Amazon plans to create one million new jobs in India by 2025," the company said in a statement, adding that the jobs - created both directly and indirectly - will be across industries, including information technology, skill development, content creation, retail, logistics, and manufacturing.

Amazon.com Inc chief Jeff Bezos had on Wednesday announced USD 1 billion (over Rs 7,000 crore) investment in India to help bring small and medium businesses online and committed to exporting USD 10 billion worth of India-made goods by 2025.

"We are investing to create a million new jobs here in India over the next five years," Bezos said.

"We’ve seen huge contributions from our employees, extraordinary creativity from the small businesses we've partnered with, and great enthusiasm from the customers who shop with us—and we’re excited about what lies ahead," Bezos added.

India has prioritised job creation and skilling initiatives – including the training of more than 400 million people by 2022 – in rural and urban areas.

"Amazon’s job creation commitment and investment in traders and micro, small and medium enterprises (MSMEs) complement this social inclusion and social mobility efforts by creating more opportunities for people in India to find employment, build skills, and expand entrepreneurship opportunities," the statement said.

The new investments will help to hire talent to fill roles across Amazon in India, including software development engineering, cloud computing, content creation, and customer support.

Since 2014, Amazon has grown its employee base more than four times, and last year inaugurated its new campus building in Hyderabad – Amazon’s first fully-owned campus outside the United States and the largest building globally in terms of employees (15,000) and space (9.5 acres).

The investments will also help in expanding growth opportunities for the more than 5,50,000 traders and micro, small, and medium-sized businesses – including local shops – through programs like Saheli, Karigar, and “I Have Space”.

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Agencies
March 10,2020

New Delhi, Mar 10: Crisis-hit Yes Bank on Tuesday said that it has enabled inward IMPS and NEFT services.

The move allows people to send money from other bank accounts to their Yes Bank account through IMPS (Immediate Payment Service) and NEFT (National Electronic Funds Transfer) mode.

In a tweet, the bank also said that Yes Bank customers can pay their credit card dues and loan obligations from other bank accounts.

"Inward IMPS/NEFT services have now been enabled. You can make payments towards YES BANK Credit Card dues and loan obligations from other bank accounts. Thank you for your co-operation. @RBIA @FinMinIndia," said tweet.

Last week Yes Bank was placed under moratorium and a withdrawal cap of Rs 50,000 was imposed till April 3.

The administrator of Yes Bank, Prashant Kumar and Rajnish Kumar, the Chairman of the State Bank of India are hopeful that moratorium would be lifted within a week.

As per the Reserve Bank of India (RBI) draft reconstruction scheme for the crisis-hit private lender, the SBI will take up 49 per cent in the bank by investing Rs 2,450 crore.

The new board of directors will stand constituted from the appointed date. It will comprise a CEO and MD, non-executive chairman and non-executive directors. The SBI will have nominee directors appointed on the board of the reconstructed bank.

The RBI may appoint additional directors to the board, who shall continue in office for one year, or until an alternate board is constituted by Yes Bank.

The SBI will not reduce its holding below 26 per cent before completion of three years from the date of infusion of the capital.

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Agencies
July 13,2020

New Delhi, Jul 13: The Telecom Regulatory Authority of India (TRAI) has blocked Bharti Airtel's Platinum and Vodafone Idea's RedX premium plans that offer faster data speeds and priority services to customers as both the plans were violating net neutrality norms.

The telecom watchdog has asked Bharti Airtel to explain within seven days how such a similar plan being launched does not violate the rules of net neutrality.

Vodafone Idea's RedX plan has been in the market since November 2019. They made some modifications in May 2020 and the Bharti Airtel was soon going to launch a similar plan.

According to TRAI, the higher speed for premium customers discriminate against others and violates net neutrality.

Responding to TRAI's move, Airtel spokesperson said: "We are passionate about delivering the best network and service experience to all our customers. This is why we have a relentless obsession to eliminate faults and have been consistently recognised by international agencies as the best network in terms of speed, latency and video experience."

"At the same time, we want to keep raising the bar for our post-paid customers in terms of service and responsiveness. This is an ongoing effort at our end," the spokesperson said.

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