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This is the VOA Special English Technology Report, from voaspecialenglish.com | http India could pass the United States in the number of Internet users in less than two years. A new report says India reached one hundred twelve million users in September. India is the third largest Internet market after China and the United States. China reported four hundred eighty-five million Internet users in June, and there are two hundred forty-five million in the United States.The Internet and Mobile Association of India says Internet growth was especially strong among people in smaller towns and cities.There was also a large increase in Internet use among school-aged children and college students. This is partly because of the growing number of e-learning services and educational websites. Subho Roy is president of the Internet and Mobile Association of India. He says another big change this year is that more and more people are using the Internet from home, and not just at cyber cafes or offices. "People are probably buying their own broadband connections and accessing it from their own devices rather than going to common service points." This growth in Internet use has also led, not surprisingly, to an increase in online businesses. Deepinder Goyal owns Zomato.com. His website provides information about restaurants and nightlife activities across India. Mr. Goyal got the idea for Zomato while working at a consulting firm three years ago. He and his coworkers kept restaurant menus ...
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At a Capitol Hill press conference Tuesday morning, a bipartisan coalition of lawmakers called on House negotiators to retain a Senate-passed amendment to Wall Street reform legislation cracking down on credit card swipe fees. Led by Reps. Peter Welch (D-Vt.), Bill Shuster (R-Pa.) and Chris Carney (D-Pa.), the group released a letter to Speaker Pelosi and Minority Leader Boehner emphasizing their support for the Durbin swipe fee amendment, which supports small businesses by reining in excessive fees imposed by the credit card industry. Also taking part in the press conference were Reps. Walter Jones (RN.C.), Keith Ellison (D-Minn.) and John Hall (DN.Y.). The Durbin amendment, which passed the Senate by a bipartisan vote of 64-33, directs the Federal Reserve to ensure that the fees small businesses pay to process debit card transactions are reasonable and proportional to the costs incurred. It also prevents card networks, like Visa and MasterCard, from penalizing small businesses that offer discounts to customers paying in cash. Small businesses around the country are struggling to stay in business as they bear the brunt of the credit card industrys out-of-control swipe fees. These cash register rip-offs prevent small businesses from growing and creating jobs, and consumers end up paying the price, Rep. Welch said. This practical, bipartisan proposal will bolster small businesses by cracking down on the worst abuses perpetuated by the credit card industry. Credit and debit ...
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