Rich people really do ignore you when they walk by: Study

October 25, 2016

New York, Oct 24: Wealthy people pay less attention to those around them as compared to people of lower social status, according to a new study that used Google Glass headsets to track gazes.

richThe research shows that people who categorise themselves as being in a relatively high social class spend less time looking at passersby compared with those who are not as well off, a difference that seems to stem from spontaneous processes related to perception and attention.

"Our research documents that other humans are more likely to capture the attention of lower-class individuals than the attention of higher-class individuals," said psychological scientist Pia Dietze of New York University.

"Like other cultural groups, social class affects information processing in a pervasive and spontaneous manner," said Dietze.

Dietze and co-author Eric Knowles hypothesised that our social class affects how relevant others are to us in terms of our own goals and motivations.

Compared with people who come from less-advantaged circumstances, people from relatively privileged backgrounds are likely to be less dependent on others socially; as such, they are less likely to view other people as potentially rewarding, threatening or otherwise worth paying attention.

Dietze and Knowles said this difference in what they call "motivational relevance" is so fundamental that it manifests in basic cognitive processes - like visual attention - that operate quickly and involuntarily.

In one study, the researchers had 61 pedestrians in New York City wear Google Glass, presumably as a test of the electronic eyewear.

The participants walked roughly one block while Google Glass recorded whatever they were looking at, and they also completed several survey measures that gauged social class.

In one measure, for example, participants categorised themselves as belonging to either the poor, the working class, the middle class, the upper-middle class, or the upper class.

Later, an independent group of raters watched the recordings and noted the various people and things each Glass wearer looked at and for how long.

Researchers then examined whether there were any links between what the participants paid attention to and their social class, taking participants' ethnicity into account.

The results indicate that social class did not seem to play a role in how many times Glass wearers looked at other people.

However, social class was associated with how much time they spent looking at passersby: Participants who categorised themselves as being in a higher social class spent less time looking at other people than those who placed themselves in a lower social class.

Two follow-up studies using more precise eye tracking technology showed similar results: Higher-class participants spent less time looking at people in a street scene than did their lower-class peers.

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Agencies
March 15,2020

Cybercriminals continue to exploit public fear of rising coronavirus cases through malware and phishing emails in the guise of content coming from the Centers for Disease Control and Prevention (CDC) in the US and World Health Organisation (WHO), says cybersecurity firm Kaspersky.

In the APAC region, Kaspersky has detected 93 coronavirus-related malware in Bangladesh, 53 in the Philippines, 40 in China, 23 in Vietnam, 22 in India and 20 in Malaysia. 

Single-digit detections were monitored in Singapore, Japan, Indonesia, Hong Kong, Myanmar, and Thailand. 

Along with the consistent increase of 2019 coronavirus cases comes the incessant techniques cybercriminals are using to prey on public panic amidst the global epidemic, the company said in a statement. 

Kaspersky also detected emails offering products such as masks, and then the topic became more commonly used in Nigerian spam emails. Researchers also found scam emails with phishing links and malicious attachments.

One of the latest spam campaigns mimics the World Health Organisation (WHO), showing how cybercriminals recognise and are capitalising on the important role WHO has in providing trustworthy information about the coronavirus.

"We would encourage companies to be particularly vigilant at this time, and ensure employees who are working at home exercise caution. 

"Businesses should communicate clearly with workers to ensure they are aware of the risks, and do everything they can to secure remote access for those self-isolating or working from home," commented David Emm, principal security researcher.

Some malicious files are spread via email. 

For example, an Excel file distributed via email under the guise of a list of coronavirus victims allegedly sent from the World Health Organisation (WHO) was, in fact, a Trojan-Downloader, which secretly downloads and installs another malicious file. 

This second file was a Trojan-Spy designed to gather various data, including passwords, from the infected device and send it to the attacker.

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Agencies
June 12,2020

Mumbai, Jun 12: Following an overwhelming response for the mega rights issue of Mukesh Ambani-owned Reliance Industries, the partly paid-up rights shares are set to debut on stock exchanges on June 15.

The biggest ever Rs 53,124 crore rights issue was subscribed 1.59 times and received bids worth Rs 84,000 crore on June 3.

Reliance said the rights issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.

In 2019, Ambani said in the Reliance's annual general meeting that the company will be net zero debt by March 2021. The company is on course to achieve its target ahead of the deadline.

"In spite of the COVID-19 crisis and the lockdowns, the due-diligence by Saudi Aramco for the planned investment in the O2C business is on track as both the parties are committed and actively engaged," he said recently.

"With a strong visibility to these equity infusions, Reliance is set to achieve net zero debt status ahead of its own aggressive timeline. We believe rights issue was a part of the company's strategy of deleveraging its balance sheet," said Ambani. 

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Agencies
February 17,2020

Google on Monday announced it is gradually winding down its free public Wi-Fi Station programme currently available at over 400 railway stations in India, and will work with the Indian Railways and Railtel Corporation to help them with existing sites so they can remain useful resources for people.

Google launched its Station initiative in India in 2015 to bring fast, free public Wi-Fi to over 400 of the busiest railway stations in the country by mid-2020.

"We crossed that number by June 2018 and implemented Station in thousands of other locations around the country in partnership with telecommunications companies, ISPs and local authorities," Caesar Sengupta, Vice President, Payments and Next Billion Users, Google, said in a statement.

"Over time, partners in other countries asked for Station too and we responded accordingly. We're grateful for these partnerships, especially with the Indian Railways and the Government of India, that helped us serve millions of users over the last few years," he added.

According to Google, the decision to shut Station has been taken keeping the affordable mobile data plans and mobile connectivity in mind that is improving globally including in India.

"India, specifically now has among the cheapest mobile data per GB in the world, with mobile data prices having reduced by 95 per cent in the last 5 years, as per TRAI in 2019," said Sengupta.

The Indian users consume close to 10GB of data, each month, on average, according to reports.

"Our commitment to supporting the next billion users remains stronger than ever, from continuing our efforts to make the internet work for more people and building more relevant and helpful apps and services," Sengupta noted.

Global networking giant Cisco last year teamed up with Google to roll out free, high-speed public Wi-Fi access globally, starting with India.

The first pilot under the partnership was rolled out at 35 locations in Bengaluru.

Sengupta said that in addition to the changed context, the challenge of varying technical requirements and infrastructure among our partners across countries has also made it difficult for Station to scale and be sustainable, especially for our partners.

"And when we evaluate where we can truly make an impact in the future, we see greater need and bigger opportunities in building products and features tailored to work better for the next billion user markets," he said.

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