The Centre for Development of Advanced Computing (C-DAC) along with the Institute for Development and Research in Banking Technology (IDRBT) and Veermata Jijabai Technological Institute (VJTI), Mumbai submitted a proposal to set up a Centre of Excellence for blockchain technology in Hyderabad to drive innovation. The technology will be used to secure land records in Telangana. After this, the C-DAC's Hyderabad unit will be the first one by the government for blockchain technology.

Google announced launch of a new artificial Intelligence (AI) technology to curb online spreading of contents involving child sexual abuse. The advanced AI technology uses deep neural networks for image processing that will enable identification of child sexual abuse material (CSAM) online. The new tool will be made available for free to non-governmental organisations (NGOs) and other industry partners through a new Content Safety API service.

MobiKwik launched an instant loan approval and disbursal product called 'Boost'. As per the offer, loans of upto Rs 60,000 can be sanctioned as well as disbursed in a matter of 90 seconds. The approval time for the loan would be 30 seconds based on an innovative risk scoring model called 'Mobiscore'. The minimum amount of loans that can be approved is for Rs. 5000 and the users will have the option to transfer the amount in their bank accounts. They can pay the loan in easy monthly installments of 6-9 months. It is the first-of-its-kind of credit disbursal product that disburses loan amount in the user's mobile wallet.

India's fastest growing payments platform, PhonePe entering into a partnership with Indian Railway Catering and Tourism Corporation (IRCTC) to facilitate convenient, fast and secure payments through PhonePe on the IRCTC Rail connect Android app. The partnership will enable PhonePe's 100 million plus users to now pay directly from their bank accounts using UPI, credit and debit cards and also the PhonePe wallet for their travel bookings.

The European Union regulators have slapped Alphabet-owned Google with a record 4.34 billion euro ($5 billion) antitrust fine for abusing the dominance of its Android mobile operating system. According to the EU, Google's parent company has unfairly favoured its own services by forcing smartphone makers to pre-install Google apps Chrome and Search in a bundle with its app store, Play.

Satyajit Ray's epic masterpiece 'Pather Panchali' has been included in BBC's 100 best foreign language films list of the 21st century. Ray's film, which was released in 1955 and the first in his 'Apu' trilogy, is the only Indian film that find its spot in the BBC list and is placed at number 15. Some of the notable films that featured in the BBC list are - Kurosawa's 'Rashomon ', Wong Kar-wai's 'In the Mood for Love', Andrei Tarkovsky's 'The Mirror', Asghar Farhadi's 'A Separation', Guillermo del Toro's 'Pan's Labyrinth', Ingmar Bergman's 'The Seventh Seal' and Alfonso Cuaron's 'Y Tu Mama Tambien', among others.

One97 Communications, the parent entity of Paytm launched "Paytm AI Cloud for India", an AI Cloud computing platform designed for developers, startups and enterprises. Paytm AI Cloud will process and store all the data of the consumer locally in servers located only in India while conforming to the highest security and privacy standards. For this cloud computing infrastructure, Paytm had partnered with Chinese technology giant Alibaba. The company has committed around Rs.250 crore in this business. The AI Cloud computing platform will offer a suite of business-centric apps for organisations that need solutions for cloud computing, ready-to-use services to automate their workflow, easy to integrate payments, messaging and customer engagement.

A new seller-funding programme named 'Amazon Wings' has been launched by Amazon India to help the small businesses and entrepreneurs to raise funds through the crowd funding platform. With this initiative, the small businesses and entrepreneurs of this platform can raise the funds for their business expansion, product development, and foster innovation or community development. Amazon India sellers can use the Ketto's platform for a subsidized fee which is around 50 percent to initiate fundraisers. Also, it launches a dedicated microsite to feature fundraisers initiated by sellers by which they can raise small ticket funds starting from as little as Rs 50,000 by means of crowd-funding through multiple individuals. Presently, Amazon India runs a programme called 'Launchpad' that helps product start-ups get a wider reach on the platform.

Kaspersky Lab products detected 48,093,743 Internet-borne malware incidents on computers of KSN participants in India. Regarding vulnerabilities in browsers and their plugins (drive-by download), infection happened when visiting an infected website, without any intervention from the user and without their knowledge. This is the most used method by cybercriminals for this kind of attacks. During July-September 2018, Kaspersky Lab products detected 68,405,291 local malware incidents on computers of KSN participants in India.

Google recently partnered with HDFC Bank Ltd., ICICI Bank Ltd., Kotak Mahindra Bank Ltd. and Federal Bank Ltd. to offer instant, pre-approved loans to customers. About Tez Release date: September 19, 2017 Tez got about 8.5 million installations. Over 30 million transactions were made on the app as of October 27, 2017.