Monday May 27, 2019
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Jet Informs Employees, It Can Not Provide Mediclaim

"In the absence of any emergency funding from the lenders or any other source of funds forthcoming in the near future, we find ourselves facing a situation where we are not able to fund the premium of our Group Mediclaim Policy,"

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Lenders of Jet Airways led by SBI are currently in the process of selling the airline to recover their dues of over Rs 8,400 crore. Pixabay

Faced with severe liquidity crisis, grounded Jet Airways has informed employees that it will not be able to fund the premium of Group Mediclaim Policy and advised them to take medical cover of their choice.

IANS first reported on April 27 that Jet employees face uncertainty over extension of their Mediclaim provided by the company.

“In the absence of any emergency funding from the lenders or any other source of funds forthcoming in the near future, we find ourselves facing a situation where we are not able to fund the premium of our Group Mediclaim Policy,” the airline Chief People Officer Rahul Taneja wrote in a letter to its employees.

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We are working with them proactively to find opportunities to revive our beloved airline. Pixabay

He said that the Group Mediclaim Policy lapses on the midnight of April 30, 2019, adding that “these circumstances are not of our doing and much as we would wish to do things differently, we are left with little choice”.

Taneja, however, sounded optimistic and gave hope about revival of the airline.

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“I must also state that we have not yet given up on our efforts and continue to engage with the lenders and support them in the bid process. We are working with them proactively to find opportunities to revive our beloved airline. As soon as we have more clarity on this matter, we will share the same with you,” he said.

Lenders of Jet Airways led by SBI are currently in the process of selling the airline to recover their dues of over Rs 8,400 crore. Private equity firm TPG Capital, Indigo Partners, National Investment and Infrastructure Fund (NIIF) and Etihad Airways are in the race to buy a stake in the grounded Jet Airways. (IANS)

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Snapchat Employees Abused Users’ Private Data: Report

Snapchat’s daily active users were 190 million — up two per cent from 186 million in the previous quarter but down from 191 million in Q1 2018

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Snapchat is reportedly planning to launch more
Snapchat in a Smartphone. IANS

Workers across several departments at photo-messasing platform Snapchat who have privileged access to users’ data spied on them for years, a Motherboard report has claimed.

These employees used “SnapLion”, an internal tool used by various departments, to access Snapchat user data like location information, saved Snaps (photos or videos), phone numbers and email addresses.

“Two former employees said multiple Snap employees abused their access to Snapchat user data several years ago,” said the report.

Snapchat, which has 190 million daily active users globally, said that protecting privacy is paramount at the company.

“We keep very little user data, and we have robust policies and controls to limit internal access to the data we do have. Unauthorized access of any kind is a clear violation of the company’s standards of business conduct and, if detected, results in immediate termination,” the company was quoted as saying.

Snapchat, smartphones
An image of the Snapchat logo created with Post-it notes is seen in lower Manhattan, New York, May 18, 2016. VOA

The internal tool “SnapLion” was originally used to gather information on users in response to valid law enforcement requests.

An internal Snap email obtained by Motherboard said a department called “Customer Ops” has access to SnapLion. Security staff also had access to the tool.

One of the former employees said that data access abuse occurred “a few times” at Snap.

Also Read- Facebook Pulls Down Over 3 Billion Fake Accounts

Photo-messaging app Snapchat added four million new users in the first quarter of 2019, registering a revenue of $320 million — up 39 per cent (year-over-year).

Snapchat’s daily active users were 190 million — up two per cent from 186 million in the previous quarter but down from 191 million in Q1 2018. (IANS)