Internet

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,
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
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
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
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 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