How One Developer’s Carelessness, And A Hack Of A Completely Unrelated Website Led To The Zomato Hack

How One Developer’s Carelessness, And A Hack Of A Completely Unrelated Website Led To The Zomato Hack

A butterfly flaps its wings somewhere in the universe, and two years later, 17 million Zomato passwords and emails are stolen. On 28th October 2015, the developers at 000webhost, a free hosting provider, discovered that something was amiss. Hackers had managed to use a PHP exploit to gain access to their database, and steal the email addresses and passwords of their 13 million users. 000webhost’s team immediately sprung into action, they reset everyone’s passwords. By 1st November 2015,…

Here’s How The New Paytm Payments Bank Compares To Airtel’s Payments Bank

Here’s How The New Paytm Payments Bank Compares To Airtel’s Payments Bank

After several delays, and much back-and-forth, Paytm has finally launched its own Payments Bank. Paytm now has the third payments bank in the country, after Airtel’s Payment Bank and the government-run India Post Payments Bank. Paytm’s Payment Bank will help catapult the company from being a mere wallet provider to a more established player in the payments space – after its launch, Paytm can launch its own RuPay debit cards, cheque books, and even provide an…

Uber Has Now Started Charging Fares Based On How Much It Thinks Particular Passengers Can Afford

Uber Has Now Started Charging Fares Based On How Much It Thinks Particular Passengers Can Afford

Uber has already brought about a revolution in way taxi rides are priced. Before it had been founded, taxi rides cost a simple multiple of the distance travelled; Uber sought to upend this system by bringing about demand and supply into the equation. Uber started charging surge prices in areas where taxis were scarce, and dropped prices when they were more plentiful. But now, the company is looking to extend its differential pricing in a radical new…

World’s Nicest Hacker Waives Poor Person’s Ransom, Asks Them To Buy Him A Coffee Instead

World’s Nicest Hacker Waives Poor Person’s Ransom, Asks Them To Buy Him A Coffee Instead

Hackers have been getting a bad rap over the last few months. Their attacks have targeted hospitals, factories, and governments, and thousands of ordinary people have been affected. Recent reports have cast hackers very much as villains, portraying them as sinister and unfeeling individuals who hide behind the anonymity of the internet to carry out their nefarious crimes. Turns out some hackers can have feelings too.   ThunderCrypt is a ransomware that was first surfaced in May…

Bill Gates Has Just Given Out Lots Of Inspiring Advice For New College Graduates

Bill Gates Has Just Given Out Lots Of Inspiring Advice For New College Graduates

Bill Gates never finished college – he had dropped out of Harvard in his second year to start a company. The company was called Microsoft, and it made him the richest man in the world. Gates today is 61, and worth nearly 90 billion dollars (Rs. 5,50,000 crore). Even though he himself dropped out, college graduates routinely approach him for advice on how to plan their careers. Gates has now made his advice accessible to…

Nestaway Mocks Jobless Celebrities In Tasteless New Social Campaign

Nestaway Mocks Jobless Celebrities In Tasteless New Social Campaign

How do you promote a referral scheme for your home rental startup? By making fun of jobless people, of course. Nestaway, which acts as a middleman between landlords and tenants, is running a referral scheme for its properties. People who refer landlords or tenants to the company will be paid between Rs. 1000 and Rs. 10,000 for their efforts. Now this is pretty standard — companies regularly incentivize users who bring them business. But the marketing folks…

Amazon Appears To Have Narrowly Beaten Flipkart In The Sales This Year

Amazon Appears To Have Narrowly Beaten Flipkart In The Sales This Year

The grand sales are very much like the final exams for the three large Indian e-tailers — firms compete head-on on overlapping dates, and vie to grab as many eyeballs and sales as possible. The industry tracks results closely too — Flipkart’s strong performance in the sales last October had given the company a shot in the arm, and signaled that it was capable of taking on Amazon juggernaut. Flipkart had raised $1.4 billion in a…

Dove’s Body Positivity Campaign Backfires After Customers Troll Its Differently Shaped Bottles

Dove’s Body Positivity Campaign Backfires After Customers Troll Its Differently Shaped Bottles

Marketers have been increasingly latching on to social causes to promote their products. Social campaigns can often work well – they don’t look like conventional ads, and can generate lots of buzz online. They also help buttress a company’s image as being aware and responsible. But every once in a while, a social issues campaign can backfire too. Dove launched a campaign last week where it aimed to promote body positivity among women. Titled “Beauty…

These Are The Salaries Of Top Startup CEOs In The Country

These Are The Salaries Of Top Startup CEOs In The Country

An IPO or an acquisition isn’t the only way startup founders make money – they can make a pretty penny even when they’re running their startups.  Indian startups might have been going through a rough phase, but founders of top startups are still doing alright. While valuations have shrunk, Indian startup CEOs are still managing to draw some enviable salaries. These are the salaries of some of India’s top entrepreneurs, without taking into consideration their…

How Long Term Travel Helped Jan Koum Come Up With The Idea For Whatsapp

How Long Term Travel Helped Jan Koum Come Up With The Idea For Whatsapp

Long term travel is thought to be a bit of a millennial luxury, an escape for gap-year students, itinerant travelers, and people who’re somewhat lost in life. But at times it can have unexpected – and lucrative – consequences.  In 2007, Whatsapp cofounder Jan Koum left his job at Yahoo after a 9 year stint. He had no plan in mind. Koum had worked on scaling Yahoo’s back-end infrastructure during its glory days, and was taking…

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