Women in Technology Leadership Technology News Indian-origin Programmer Vignesh Sundaresan and Anand Venkateswaran who is based in Singapore, both buyers of a digital artwork stored in a JPEG file sold for $69.3 million (around ?504 crore), said they had humble upbringings. Venkateswaran revealed that Sundaresan couldn't afford a laptop when he was learning to code. Sundaresan would walk around with a flash drive and borrow his friends' laptop, Venkateswaran said, by describing his purchase as a shot fired for racial equality. He further said, in a blog post that he had purchased the most expensive digital artwork ever sold to “show Indians and people of color that they too could be patrons” of the arts. Around 22 million viewers tuned in to Christies.com on March 11 for the final moments of a bidding process that saw Sundaresan - under the pseudonym Metakovan - win the rights to digital artist Beeple’s “Everydays: The First 5000 Days”. Bidding for the virtual collage of 5,000 images -- the first purely digital NFT-based artwork ever sold by a major auction house had started at $100 before the price skyrocketed. An NFT, or a non-fungible token, uses the same blockchain technology behind cryptocurrencies to turn anything from art to sports trading cards into virtual collector's items that cannot be duplicated. Visit on var india official site https://www.varindia.com/ and know more here.

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Video streaming platforms should be held responsible
for content
By VARINDIA - 2021-03-27
Ravi Shankar Prasad, Information Technology Minister said on
Thursday that the video streaming services have to be
"responsible and accountable" for their shows and movies,
defending rules introduced last month that regulate such
content. India tightened its grip on social media rms such as
Facebook and Twitter.
The rules, called the "Intermediary Guidelines and Digital Media
Ethics Code", also require rms such as Net ix and Amazon's
Prime Video to classify content into categories based on viewers'
age as the country about obscene content or hurting religious
sentiments. OTT delivers content to viewers directly by the
internet.
Minister Prasad said if companies had the right to create content,
others had the right to have a grievance.The new rules mandate
tech companies including video streaming giants to set up a
grievance redressal mechanism and appoint new executives to
coordinate with law enforcement. The three-tier grievance
resolution system begins with self-regulation by the content
platform and ends at a government appointed panel headed by a
ministry o cial.
India is tolerant and will remain tolerant," Minister said. but the limits of tolerance and standards of tolerance should not be judged on the
creating freedom or abuse of a particular producer of an OTT platform
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