With thousands of new fake accounts being added every month, Google Maps is flooded by about 11 million false listings and phone numbers that re-route to competing businesses.
The majority of businesses that are not at their listed locations and the ones most prone to these scams include contractors, repairman and car towing services, The Verge reported citing a study by The Wall Street Journal (WSJ).
They’re internally referred to as ‘duress verticals’ at Google, as they are companies people turn to in emergencies and typically without much time to verify the business’ credibility.
Though Google claims in a self-funded 2017 academic study that only 0.5% of local searches are false listings, a separate investigation by the WSJ suggested otherwise. The study found 13 of the top 20 Google search results listed false addresses and only two were real businesses that actually adhered to Google guidelines.
Though Google typically verifies if a business is legitimate by mailing a postcard, calling or emailing a numerical code to enter into a Google website, the system is easy enough for scammers to bypass with fake addresses and phone numbers, affecting real businesses as well as customers, the report added.
The report comes a day after the search engine giant announced that it is giving businesses more options to customize their company profiles on search and Maps through its My Business feature.
The company says it is working on new ways to report suspicious business profiles and directed people to report fraudulent activity on its Business Redressal Complaint Form.
Govt blocks several social media handles circulating fake, inciting content
In the midst of the enormous lockdown on contemptuous posts, sources said that the hostile substance actioned related to the counterfeit video of a cupboard instructions, an enlivened phony video showing viciousness against the Prime Minister, and disparaging posts focusing on Hindu ladies transferred via web-based media handles.
The public authority has hindered a few web-based media handles that were coursing “counterfeit and affecting” content on Twitter, YouTube, and Facebook, Minister of State for IT Minister Rajeev Chandrasekhar said on Saturday.
Proprietors of these records are being recognized for activity under the law, he added.
“Taskforce on Safe and Trusted Internet at @GoI_MeitY at work. Handles that attempted to push counterfeit/inducing content on twitter, youtube, fb, insta have been impeded,” Chandrasekhar Tweeted on Saturday.
The pastor said proprietors of such records are being distinguished for activity under the law, and declared that stages will be investigated on their due steadiness.
On Friday evening, the pastor had reacted to a tweet that encouraged him to make a move against the “makers of an exceptionally fierce video that includes the PM”, which “has been in the public area since December 2020”.
PhonePe will now charge upto Rs 2 per transaction for mobile recharges
Walmart-owned digital payments app PhonePe will now charge processing fees for every transaction. This means that you will no longer be able to transfer money or recharge your phone without shelling out a little extra money for every transaction. The company has said that it would charge fees in the range of Re 1 to Rs 2 per transaction for mobile recharges for value above Rs 50. PhonePe is the first payments’ app to have started charging for UPI-based transactions
“On recharges, we are running a very small-scale experiment where a few users are paying for mobile recharges. Recharges below Rs 50 are not charged, recharges between Rs 50 and Rs 100 are charged Re 1 and above Rs 100 are charged Rs 2. Essentially, as a part of the experiment, a majority of users are either not paying anything or paying Re 1,” a PhonePe spokesperson told PTI.
PhonePe s charging processing fees for UPI-based transactions for value above Rs 50. If you don’t spend upto Rs 50, you will not be charged any amount by the digital app. Like other payments apps, PhonePe will also begin charging processing fees for payments made through credit cards. PhonePe is one of the most popular, widely-used payments app in India along with Paytm and Google Pay. It has recorded over 165-crore UPI transactions on its platform in September, clocking over 40 per cent share among the app segment, the PTI report stated.
“We are not the only player or payment platform charging a fee. Charging a small fee on bill payments is now a standard industry practice and is done by other biller websites and payment platforms also. We charge a processing fee (called a convenience fee on other platforms) on payments with credit cards only,” the spokesperson added.
For the unversed, just like Paytm and Google Pay, PhonePe can be used to transfer money with BHIM UPI, manage multiple bank accounts, check account balance, save beneficiaries across multiple bank accounts like SBI, HDFC, ICICI & 140+ banks. Recharge prepaid mobile numbers like Jio, Vodafone, Idea, Airtel etc, recharge DTH like Tata Sky, Airtel Direct, Sun Direct, Videocon etc, pay various bills and more. You can also buy or renew insurance policies using PhonePe.
Source : IndiaToday
Bitcoin crosses $59,000 after sharp rally, Ether up nearly 5%
Cryptocurrency prices were mixed on Friday with Bitcoin and Ether witnessing gains while Stellar and Dogecoin were trading weaker. Check the latest cryptocurrency prices and trends.
Cryptocurrency prices were mixed on Friday with Bitcoin and Ether witnessing gains while Stellar and Dogecoin were trading weaker.
Bitcoin hit a six-month high on October 15, as it rose nearly 3 per cent and was trading at $59,694.
The world’s largest cryptocurrency is approaching April’s record high of $64,895.
The most popular altcoin, Ether, was trading at $3,827 or more than 5 per cent higher.
The global cryptocurrency market cap is $2.43 trillion, a 1.93 per cent increase in the past 24 hours.
Meanwhile, the total crypto market volume over the last 24 hours is $102.5 billion, a decline of 11.63 per cent.
Here are the latest prices and trends of popular cryptocurrencies:
|Cryptocurrency||Price (US Dollar)||24-hour change||Market cap||Volume (24 Hours)|
|Bitcoin||59,694.90||3.44%||$1.12 trillion||$1.56 billion|
|Ether||3,827.94||5.51%||$449.38 billion||$1.28 billion|
|Dogecoin||0.232463||-1.44%||$30.58 billion||$1.22 billion|
|Litecoin||183.76||2.37%||$12.63 billion||$118.28 million|
|XRP||1.14||0.57%||$114.17 billion||$4.77 billion|
|Cardano||2.19||0.67%||$71.17 billion||$190.15 million|
DISCLAIMER: The cryptocurrency prices have been updated as of 12:30 pm and will change as the day progresses. The list is intended to give a rough idea about popular cryptocurrency trends and will be updated daily.
Source : IndiaToday
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