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Those online accounts you no longer use? For your own safety, get rid of them
Livemint
·
11m ago
Medial
Having dormant online accounts poses a risk as they can make users more vulnerable to data theft. Hackers can breach less valuable accounts and use stolen credentials on more important sites, such as banking platforms. The number of online accounts individuals have may be more than they realize, with an average of 168 accounts per internet user. To address this, a strategy is outlined to find and delete these dormant accounts, including checking stored logins, searching for linked apps or services, and deleting accounts using tools like the Permission Slip app.
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No hurry to sell, indefinite horizon on Zomato holding: Sanjeev Bikhchandani
Entrackr
·
1y ago
Medial
Info Edge, India’s largest and most storied recruitment portal, has had a stellar run in the last three years with its portfolio company Zomato’s market cap surging almost 2.3X since its stock exchange debut. The firm’s bet on fintech unicorn Policybazaar is also paying off well. The company has made it clear it is in no hurry to book profits on these investments, even as it continues to nurse its own brands beyond Naukri to profitability. The firm, one of the few to survive the dotcom boom and bust cycle of 2000, has been led by founder and chairman Sanjeev Bikhchandani for a large part of this journey. And today, Bikhchandani has earned the right to be looked up to as the statesman for the sector. Entrackr caught up with Bikhchandani in his Gurugram office and he spoke on a range of topics including Naukri, Info Edge’s investments, serial entrepreneurs and corporate governance. Here are the edited excerpts. As a listed firm that carries a heavy overhang from its investment portfolio, does it worry you that it might impact the valuation of the core Naukri business? Not really. Institutional investors are smart. We give them adequate data so that they analyze Naukri thoroughly before making a conclusion about valuation. We don’t run Naukri for valuation every day or month or quarter. We look at how we create value for our shareholders in the long run. And that’s how we run our businesses. So, this hypothesis about our core or even group business doesn’t stand. Info Edge has been an investor in Zomato for over 14 years and despite the latter’s share price rising nearly 14o% from its listing price, Info Edge didn’t sell its shares. What level of return are you anticipating from Zomato? Actually, we don’t calculate Investment Return Rate (IRR). Info Edge invested in Zomato because of our conviction that it could become a great company. And if you are convinced about your conviction then it will happen. So, IRR is the happy incidental outcome of investing early behind companies that you want to help. That’s my belief. We are not in any hurry to sell and have an indefinite horizon. Every VC firm has a fund cycle and pressure to return capital to their limited partners but that’s not the case with Info Edge as you are investing from your own balance sheet. Could you elaborate on this? That pressure does not make this choice. We have a long term horizon and we call it patient capital. To be a successful early stage investor in India, you have to be quite patient because companies take anywhere between 10-15 years to go to IPO from seed stage. So if you have funds for only 6-10 years, you will not realize the full fruits of your investment. If you have a 20 year fund, you tend to perform better. However, such a horizon could be possible only when you’re investing from your own whole balance sheet. Do you believe that Blinkit could become bigger than Zomato? I think both are large but Blinkit is going to be fairly large. If we look at Zomato’s quarter-on-quarter numbers, online food ordering appears to have stagnated in top 10-15 cities. What’s your take on this? Obviously, there is the base effect. But, we don’t see stagnation. Also, you need to compare year-on-year, not quarter-on-quarter. When YoY numbers are compared, there is growth. I think full fiscal year performance is more important than quarter. We used to commonly hear about Naukri’s recruitment business that it was not the online presence, but your sales force or feet on the street that made the difference. Does that still hold true? Online sales have never been a big part of our strategy. When you want to sell more expensive products, you need face-to-face contact. At Naukri, we have clients whom we bill several crore rupees for annual subscription and such accounts need heavy offline touch. While the product will be consumed online, the stuff around it very often will be offline. Over the years, several players have tried to crack the recruitment business in the blue collar segment but most of them died. What are the challenges in the segment? Blue collar segment has broadly three challenges. First, it’s hyperlocal. The job seekers in this segment don’t move to different cities as they look for opportunities in and around their locality. Second, very often there isn’t a detailed text CV which makes the process slow and inefficient. Third, potential workforce in the segment do not search for jobs on the laptop and use vernacular languages. They are mostly on mobile. So you’ve got to adapt to all these things and still somehow get revenue and profit. We have been trying to get inroads in the blue collar segment for over two years now but we have just started monetizing it. Our future position in the segment depends on monetization. Some of the celebrated entrepreneurs are launching a second or third company without their first startup churning profit. How do you see this trend? I think this isn’t a progressive trend. As an entrepreneur, you need to focus on one thing and do really well. Once you’ve cracked that you can add on a second thing in the same company. Over the past couple of years, we have witnessed corporate governance issues with some startups. Even Info Edge saw serious lapses at 4B Networks. What’s your opinion about this? By and large, my belief is that 95-98% of Indian founders are genuine but there will be a few bad examples. Investors make sure that when something wrong happens in their portfolio, it is highlighted and actions are taken to ensure that such incidents do not repeat. Any governance issue isn’t good for anyone including limited partners, investors, founders and the startup ecosystem. What factors contributed to the lack of success with Info Edge’s e-commerce investments 99labels, MyDala, and Happily Unmarried? Limitation of raising foreign direct investment (FDI) and heavy investment into competition were two major reasons for failure of 99labels while MyDala had a product market fit (PMF) issue. Happily Unmarried is now a part of VLCC and we are still a shareholder there.
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T2 Introduces its Own For You Feed, Offering a Twitter Alternative
Robots
·
1y ago
Medial
Twitter alternative T2 is introducing its own "For You" feed, but unlike other platforms, it won't be the default experience. T2's approach prioritizes content from accounts users already follow, offering a more personalized experience. The algorithm considers factors like user following, post language, user interests, and content freshness. Founded by former Twitter and Google employees, T2 prioritizes trust and safety in its community. With a user base in the double-digit thousands, T2 aims to attract more users by offering the "For You" feed as an option, not a default.
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Meta launches new teen safety features, removes 635,000 accounts that sexualise children - The Economic Times
Economic Times
·
13d ago
Medial
Meta has launched new safety features to protect teenagers on its platforms and removed 635,000 accounts linked to inappropriate interactions with minors. The measures aim to enhance teen safety by allowing easier reporting and blocking of harmful accounts. Meta is also employing AI to verify users' ages and convert them into teen accounts if misrepresented. This comes as Meta faces scrutiny and lawsuits over its impact on youth mental health.
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Share sale by large investors in Paytm, IIFL and Edelweiss before regulatory rap
Livemint
·
1y ago
Medial
Sharp insights supported by simple data and visuals. Most loved Mint podcasts on 35+ topics. Present across social media apps to keep you updated. 30+ articles from print edition and premium publication daily. 20% off on all smallcases. Get One Month GuruQ plan at Rs 1. Share your contact details and we will get in touch with you.
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Meta expands 'teen accounts' to Facebook, Messenger amid children's online safety regulatory push
Economic Times
·
3m ago
Medial
Meta Platforms is expanding its "Teen Accounts" feature to Facebook and Messenger, enhancing privacy and parental controls to safeguard young users online. Initially launched on Instagram, this feature comes amidst criticism and numerous lawsuits alleging the harmful impact of social media on children. With 33 U.S. states suing Meta, this move aligns with legislative efforts to strengthen online safety, such as the Kids Online Safety Act. Enhanced controls will require parental consent for certain features.
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Filing income tax returns? You are not eligible for ITR-1 if…
Money Control
·
1y ago
Medial
With the due date for filing income tax returns approaching, it's important for individual taxpayers to gather the necessary documents and choose the correct ITR form. ITR-1 is suitable for salaried individuals or pensioners without any income from business or profession, but there are eligibility criteria to consider. If your income exceeds Rs 50 lakh, you have income from business or profession, own multiple house properties, or have foreign income or assets, you may need to use ITR-2. Those with income from business and profession will need to determine whether ITR-3 or ITR-4 is applicable.
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Feature Update! Play startup Quiz and Polls now on Medial!
Medial
·
1y ago
Medial
After scrolling 10 news pieces you will now get to play a quiz/poll on Medial! Test your GK on startups and participate in interesting polls to know users better! We have introduced these micro-games to make sure you get enough fun in all the reading that you do on the app! If you like the features please rate us on playstore as it would help us gain more traction! Please UPDATE your app from playstore to access the new features! Happy reading! For any suggestions on the app or feature requests email us at contact@medial.app! Read our blog on upcoming features and updates by clicking "View Source" button below-
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How to delete your X account permanently in 7 steps
Business Insider
·
8m ago
Medial
Learn how to deactivate and permanently delete your X (formerly Twitter) account in this step-by-step guide. By deactivating your account, you have 30 days to reactivate it before it gets permanently deleted. Ensure you protect your data, unlink any third-party accounts, and consider reusing your username or email. Follow the instructions on the X website or mobile app for iPhone or Android to say goodbye to the social media platform. For a detailed understanding of the process, read our comprehensive guide on deleting your X account.
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Meta expands Instagram teen accounts to India with online safety features
Economic Times
·
5m ago
Medial
Meta is introducing Instagram Teen Accounts in India to enhance online safety for teens. The app includes features for parental monitoring, such as viewing recent contacts, setting screen time limits, and restricting app use during specific hours. Teens are automatically placed in high-safety settings with private accounts, messaging restrictions, and limited exposure to sensitive content. Additionally, parents can oversee interactions and manage usage with various supervision tools to ensure a safe digital environment.
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Startup Lingo – 101 Terms You Need to Know (From A to Z)
Internet
·
3m ago
Medial
Whether you're building on your first startup idea or are a seasoned entrepreneur, there's a good chance you will come across a startup term or phrase you're either unsure of or just need to double-check. We are here to get you up to speed and help decipher all things startup. This definitive word list has everything you need to know to help you on your startup journey. Have this list with you, and you'll always have a reference to be on top of all the jibberish startup lingo 🚀
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