US-based IT giant Cognizant has decided to move away from its $250 million-a-year content moderation business. Chinese phone maker OnePlus has suffered a data breach.
Cognizant to move away from $250mn content moderation business
Cognizant has opened up an over $250 million-a-year business opportunity for other companies. The US-based IT major has decided to move away from the content moderation business, including the service it provides Facebook to monitor user content, reports The Economic Times.
Companies like Genpact, Accenture and Wipro are likely to benefit most out of the latest announcement by Cognizant.
Some of the Cognizant’s clients have moved to Genpact. “They are already a large client for Genpact. But a lot of the other IT services and BPM companies are pushing for the business as well. It’s good for companies because a major competitor has left the business,” a BPM (business process management) executive who was aware of the whole development told ET.
OnePlus data breach
Chinese smartphone manufacturer OnePlus is once again in the news user data breach.
This is the second such breach at OnePlus in recent times. The company suffered a similar security breach last year in January where hackers gained access to the data of nearly 40,000 users.
Ziv C, a staff member of the Security Team for OnePlus said in its official forum that they discovered some of the users’ order information was accessed by an unauthorised party.
“We can confirm that all payment information, passwords and accounts are safe, but certain users' name, contact number, email and shipping address may have been exposed. Impacted users may receive spam and phishing emails as a result of this incident,” he said.
OnePlus has started has sent out emails to the affected users, informing about the breach.