Amazon has asked India’s market regulator to investigate Future Retail for insider trading, a letter seen by Reuters showed, as it seeks to prevent its business partner from becoming part of rival Reliance’s empire. The US giant has been pressing the Securities and Exchange Board of India (SEBI) to review Reliance’s August deal to buy retail,
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Netflix, Amazon Prime Video, and Disney+ Hotstar are now going to be under regulation by the government. The Ministry of Information and Broadcasting now has jurisdiction over online content providers (such as the aforementioned three streaming services) and online news platforms, a cabinet secretariat notification dated Monday states. Until now, there was no government body
The Delhi High Court Tuesday sought Amazon’s response on a plea by Kishore Biyani led Future Retail alleging that the e-commerce major was interfering in its deal with Reliance Retail on the basis of an interim order by a Singapore arbitrator. Justice Mukta Gupta issued summons to Amazon, Future Coupons, and Reliance Retail on the Future Retail
PlayStation 4 can act as a remote screen for your PlayStation 5, Sony has announced, days ahead of the launch of its next-gen console. It will do so with the help of a new PS5 Remote Play app that is now available on the PS4 home screen in all markets. If you were wondering what
Amazon said on Monday it had opened three more logistics centers in Brazil to take advantage of the boost the COVID-19 pandemic has given to e-commerce in South America’s largest economy. The new units are already operating in the states of Minas Gerais and Rio Grande do Sul and the capital city of Brasilia. They
Disney+ Hotstar has rolled out a “Watch with your friends” feature that allows you to video call friends and family while you watch cricket. This only applies to the Indian Premier League, and it’s an odd time to roll this out with just two matches — watch together arrived over the weekend, ahead of Delhi
ByteDance, the Chinese parent of viral video platform TikTok, is in talks to raise $2 billion (roughly Rs. 14,800 crores) from investors before a possible listing of some of its businesses in Hong Kong, according to a report. The plan could eventually value ByteDance at a massive $180 billion (roughly Rs. 13,31,300 crores), Bloomberg News reported
Huawei has appealed against Sweden’s decision to exclude the Chinese telecoms equipment maker from 5G networks, the Swedish telecoms regulator PTS said on Friday. “What happens now is we will send the appeal to the administrative court of Stockholm. After that, they will handle this case,” a PTS spokesman said. Sweden last month banned Huawei
Global tech giant Google on Friday criticised India’s move to cap the share of transactions some companies within the country’s digital payments space can account for, saying it would hinder the nation’s burgeoning digital payments economy. Google’s criticism came after India’s flagship payments processor the National Payments Corp of India (NPCI) on Thursday said third-party
Flipkart Big Diwali sale 2020 is back again. The Diwali 2020 special sale has kicked off for Flipkart Plus members, 12 hours before the sale goes live for everyone else. This edition of Flipkart Big Diwali sale 2020 will be open until November 13, to take on Amazon’s Great Indian Festival ‘Finale Days’ sale. Flipkart’s
The Mandalorian gave us possibly its most frivolous episode to date with season 2 episode 2 — titled Chapter 10: The Passenger — making the Star Wars series feel like it’s already spinning its wheels. That’s not a good look one episode into a new season. Sure, The Mandalorian has never been one for pushing
At least nine popular YouTube channels were promoting on Thursday debunked accusations about voting fraud in the US presidential race, conspiratorial content that could jeopardise advertising and memberships revenue they get from the video service. Reuters found the channels, ranging from ones with 1,000 followers to more than 6,29,000, endorsing claims that fact-checking units of
The National Payments Corporation of India (NPCI) has set a cap of 30% on total volume of UPI transactions processed by Third Party App (TPA) providers, which will come into place from January 2021. UPI — the Unified Payments Interface — has exceeded two billion transactions, according to the NPCI, with TPAs like Google Pay
The latest generation 5G phone networks have a green light to go live in France later this month, the national telecoms regulator said Wednesday after wrapping up a frequency auction. France’s Arcep regulator said the auction brought in EUR 2.8 billion (roughly Rs. 24,400 crores) from four network operators – Bouygues Telecom, Free Mobile, Orange,
Twitter and Facebook early Wednesday flagged President Donald Trump’s comments on the US presidential election, that remained too close to call. Twitter said a Trump tweet alleging an effort to steal the election was potentially misleading. “We placed a warning on a Tweet from @realDonaldTrump for making a potentially misleading claim about an election,” Twitter
Flipkart Big Diwali 2020 sale is ending at midnight tonight. The Walmart-owned company’s Diwali special sale kicked off last week with hundreds of deals and bundled offers on popular smartphones, laptops, headphones, and other electronics. In case you missed it, you still have a little less than 12 hours to do all your last-minute Diwali
Microsoft said on Tuesday it has linked up with Ant Group-backed Indonesian startup Bukalapak and will invest in the e-commerce platform. Under the deal, Bukalapak will adopt Microsoft’s cloud platform Azure and provide digital skills training for Bukalapak employees and their merchants, Microsoft said in a blog post. The partnership will result in cloud support
Google has disclosed a vulnerability with Windows Kernel Cryptography Driver that is being exploited to gain access to the target system. This vulnerability works alongside a Google Chrome flaw and according to a report, has only been spotted in conjunction with the Chrome vulnerability. Google patched Chrome and other Chromium based browsers starting October 20
When asked about Google, Bryan Clayton voices a familiar lament among small business owners. “You keep getting squeezed further and further down the search results page,” says Clayton, CEO of GreenPal, a company that operates an app to help homeowners find lawn care. “As a startup, you don’t have a million-dollar advertising budget.” The Justice
Amazon is withdrawing advertising for pre-Black Friday discounts in France, after the government said the campaign was unfair to small shops at time when a coronavirus lockdown has forced them to close. France entered its second national lockdown on Friday to try to contain a surge in infections. The curbs imposed under it include the