Facebook and other internet giants have long resisted government intervention, but the leading social network has reversed course amid growing calls for regulation, in an apparent bid to help steer the debate.
Amazon’s capital infusion in the business unit signifies that the company is going ahead with its planned expansion in food and grocery retail in India, a segment that it had said it is bullish on.
The new fund, which is targeting a total corpus of $60 million, will be anchored by Verlinvest and a host of European, Singaporean and US institutional investors
Walmart attributed 77% of Flipkart's $24.1 billion in assets to intangibles and goodwill, highlighting the premium the US retail giant paid when it acquired a majority stake in the Indian e-commerce firm
Financing a scooter which on average costs about Rs 65,000 is the most capital-intensive part of Vogo and Bounce’s business, and the largest barrier to scale.
Only advertisers located and authorised in a given country will be able to run political ads or issue ads there, mirroring policies elsewhere where the tools have been rolled out
SAP, in anticipation of move to mandate data localisation, is exploring options of either setting up its own data centres or partnering with third-party companies
The round gives BigBasket firepower to aggressively venture into new cities and categories like micro delivery and maintain market leadership against Amazon, Flipkart, and Grofers
Companies are tapping into a mix of technologies like AI, natural language processing and machine learning to drive value from the large stores of data they have accumulated over the years.
The country's central bank, in its notification dated March 18, had sought the industry’s recommendations on what would help the micro-small-and-medium industry come out of challenging times.
It's clear that Aggarwal’s reliance on SoftBank for raising capital has diminished in the past couple of years, a rarity in India’s capital guzzling startup ecosystem which is heavily dependent on Masayoshi Son for handing out most of the big money
Apple lifted the curtain on a television and movie streaming service called Apple TV+ that will stream television shows and movies - both Apple originals and those from other creators
Pinterest said in the filing that it had 265 million monthly active users in the fourth quarter of 2018, compared with 216 million in the fourth quarter of 2017.
Amazon’s bet on the company is likely to be based on Drivezy’s meta-search platform, Rayy, making it more of a technology play for the Seattle-based company
"Amazon was a super believer in the gift card category. This category has done exceedingly well for them in the US. And naturally, we wanted them to launch in this market"
What’s interesting is that players of the widely popular PUBG, backed by China’s Tencent, are mostly college goers who earn from Rs 100 to 5,000 a day, depending on their expertise.
Thousands of Indian IT professionals working in the US are facing rejection of their visa-extension applications in a regime that has become increasingly protectionist. But relocation to India is often not easy
VHAB is a digital assistive platform developed by TCS to improve the physiotherapy regimen for children with locomotor disabilities due to cerebral palsy or autism
An internal investigation by Facebook so far indicates that between 200 million and 600 million Facebook users may have had their account passwords stored in plain text.
In October last year, Netflix chief product officer Greg Peters had said that they will experiment with their pricing models to grow its user base in India and other markets, including launching a lower cost subscription plan
Several fintech startup founders told ET that their Google Play Store apps were on the receiving end of consumer backlash multiple times, when the loan applications of their customers got rejected
The ministry intends to get all its organised retail departments to create an acceptance network for NCMC, across departments like Khadi commission, oil retailers and ‘kendriya bhandars’
Xiaomi is cutting its dependence on China, where the economy in 2018 expanded the least in nearly three decades. It got about 60% of its total revenue last year from China compared to 72% in 2017.
Facebook will create a new advertising portal for ads linked to housing, employment and credit ads that will limit targeting options for those ads across all of its services, including Instagram and Messenger
Top executives of Larsen & Toubro resorted to charm in an attempt to win over the irate promoters of Mindtree, a day after mounting a hostile takeover bid
Investigation has been initiated against e-commerce giants Amazon and Flipkart for alleged violation of foreign exchange law, the Enforcement Directorate (ED) Monday informed the Delhi High Court.
Lyft has nearly 40% of the U.S. ride-sharing market, but has warned further growth could come at the expense of more losses for a company already deep in the red.
While Nazara has been investing in segments like real money gaming, premium, e-sports and others, this is the home-grown company’s only investment in fantasy gaming space.
Having emerged as one of the top three payment applications on UPI thanks to P2P and bill payments, Google’s offline strategy is designed to create an ecosystem of payment solutions for Indian consumers.
Indian IT services firms are investing in building a larger bench as they look at retaining senior talent as also expanding their scope to own profit and loss units, a key need to handle corporate roles.
The timing for Uber's IPO means it will most likely hit public markets soon after Lyft completes its own public offering, which is expected to happen by the end of March
Facebook is rolling out technology to make it easier to find and remove intimate pictures and videos posted without the subject's consent, often called "revenge porn.".
Will Cathcart, vice president of product management, will now lead WhatsApp, and Head of Video, Games and Monetization Fidji Simo will be the new head of the Facebook app
Facebook stated that after the ads began running, it determined that they were related to politics and issues of national importance and required them to be tagged as such and taken down
With this, the total value of the philanthropic endowment corpus contributed by Premji is Rs 1,45,000 crore or approximately $21 billion, which includes 67% of economic ownership of Wipro.
While eKYC will be charged at Rs 20 per transaction as per the latest Gazette notification, for electronic Signatures, which use the eKYC framework, charges could become as high as Rs 25 per transaction, post the move.
Global PE major shells out over Rs 10,000 more per share compared to previous its capital infusion in December, gets allotted 4,000 more Series F CCCPS
LocalCircles, a citizens’ forum which surveyed 9,000 early-stage startups and small businesses, said hiring women who will avail of maternity benefits, which includes six months’ paid leave, has turned into a significant economic burden for startups that typically run on shoestring budgets
The industry association now represents everyone from US technology giants Facebook, Google and Amazon to Bengaluru’s unicorn startups such as Flipkart.
This could be Hyundai’s second investment in the Indian startup ecosystem if it comes to fruition, having led a Rs 100-crore funding round in car rental startup Revv in August last year.
The Mumbai-headquartered company is in talks with several potential investors, according to sources, indicating that the Series D round of equity financing could stretch to $60 million.
Facebook chief executive Mark Zuckerberg said on Wednesday the company would encrypt conversations on more of its messaging services and make them compatible
Amazon Prime Video has unveiled a big line-up of original Indian shows, including the first multi-season tent-pole action thriller web series starring Bollywood A-lister Akshay Kumar
SoftBank has completed its investment in logistics major Delhivery, having put in about $350 million into the Gurgaon-based company, in the process catapulting it into India's growing list of startups with billion-dollar valuations.
Within the chat groups, content revolves around the three Ps — politics, pornography and Pakistan. But it is their interlinking that is ringing some alarm bells
The tech policy platforms of the opposition parties must proclaim a better approach to beating digital colonialism, which does not merely put the same imperial form into different, local hands
Even after multiple representations, non-banking payment companies appear to have been excluded from the ordinance for Aadhaar-based customer authentication
Zomato has raised $105 million, as part of its Series I funding round, with Delivery Hero, Glade Brook Capital, Shunwei Capital and Saturn Shine coming on board its investor cap table
The move is an unprecedented one in India’s internet ecosystem, underlining the importance being given to experienced operators by founders as companies scale.
Bilibili keeps its Gen Z clientele hooked with bullet-chatting, a function that enables real-time comments of all users watching the same video flash over the screen.
The new company is running several pilots to deploy electric vehicles and charging solutions, including battery swapping stations, electric 2-wheeler and 3-wheeler services amongst others.