Category: Tech

Kathmandu: Releasing a new budget India has announced to impose digital currency tax. India, which had earlier considered crypto and other transactions illegal, has announced a 30 per cent tax on income from such transactions in the fiscal year 2022/23. The budget presented by Indian Finance Minister Nirmala Sitharaman on Tuesday announced a 30 per… Continue reading India to impose digital currency tax

Kathmandu: Thirty electronic devices used for trading cryptocurrency, a digital currency banned in Nepal, have been seized from Tribhuvan International Airport. A device called ‘Digital Wallet’, which is also used for the purpose of securing cryptocurrency passwords, has been seized at Tribhuvan International Airport, Kathmandu. The airport customs office had sent the goods arrived from… Continue reading 30 equipments used by cryptocurrency traders seize from TIA

(AP): Demand for Microsoft’s cloud-computing services and work software helped boost its quarterly profits by 21% as the pandemic continued to keep many office workers at least partly at home. The Redmond, Washington company on Tuesday reported fiscal second-quarter profit of $18.8 billion. It posted revenue of $51.7 billion for the October-December period, up 20%… Continue reading Microsoft profits up 21%, giving cushion for gaming push

RICHMOND, Va. (AP): It’s a key part of President Joe Biden’s plans to fight major ransomware attacks and digital espionage campaigns: creating a board of experts that would investigate major incidents to see what went wrong and try to prevent the problems from happening again — much like a transportation safety board does with plane… Continue reading Delay in creating new cybersecurity board prompts concern

COLUMBUS, Ohio (AP): Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage of microprocessors used in everything from phones and cars to video games. After years of heavy reliance on Asia for the production of computer chips, vulnerability to shortages of the crucial components was exposed in… Continue reading Intel building $20B Ohio chip facility amid global shortage

DUBAI, United Arab Emirates (AP): Major international airlines canceled flights heading to the U.S. or changed the planes they’re using Wednesday, the latest complication in a dispute over concerns that new 5G mobile phone service could interfere with aircraft technology. Carriers took widely different approaches to the brewing crisis affecting international travel, from Middle Eastern… Continue reading Major airlines cancel, change flights to US over 5G dispute

(BBC): The 10 biggest US airlines have warned that the impending switch-on of 5G mobile phone services will cause “major disruption” to flights. They said the start of Verizon and AT&T 5G mobile phone services, planned for Wednesday, would cause a “completely avoidable economic calamity”. Airlines fear C-band 5G signals will disrupt planes’ navigation systems,… Continue reading US airlines warn of impending 5G flight disruption

(BBC): Police in two Indian states have registered cases after an app shared photos of more than 100 Muslim women saying they were on “sale”. The accused include developers of the app and Twitter handles that shared the images and content. The open source app – Bulli Bai – was hosted on web platform GitHub,… Continue reading India app that put Muslim women up for sale is shut

Kathmandu: Realme, launches the realme C25Y, the first C series model to feature with 50MP AI triple camera system. The realme C25Y serves up a 50MP triple rear camera system headlined by a 50MP primary module, alongside a Marco lens and B&W lens. In addition, the camera department also supports AI beauty function, HDR mode,… Continue reading Realme C25Y launches in Nepali market

Kathmandu: Idea Studio Nepal announced the application of Idea Studio Season 6 has opened from today. Up till Season 5, more than 2,500 innovative business ideas have been submitted, 160 have gone through the incubation programme, and over 60 businesses are successfully in operation. Organizing a press meet today, Idea Studio Nepal has called for… Continue reading Idea Studio season 6; opportunity for startup companies