Illustration: Rahul Awasthi Digital payments platform Paytm will offer Rs 250 crore in employee stock ownership plans (Esops) and hire more than 500 people across multiple roles. The financial services company said in a statement late on Friday that it will offer the Esops this year between its high performing employees and new hires. “This […]
More sellers opt for e-commerce platforms amid lockdown
More sellers are signing up on e-commerce platforms such as Amazon and Snapdeal, anticipating recovery in offline demand to take longer in view of the nationwide lockdown being extended to May 3. The government said e-commerce platforms would be allowed to sell both essential and non-essential items starting April 20. There has been a spike […]
ETtech Top 5: E-commerce firms to accept all orders, sops for vendors & more
Hello everyone, Happy Friday! It’s time to unwind, especially if you’ve been working from home through the week. There is another good news. Online retailers will soon be accepting orders for non-essential items. Illustration: Rahul Awasthi Up and running E-commerce marketplaces will start taking orders of non-essential goods as early as this weekend after multiple […]
Tech giants use algorithms to step up fight against coronavirus misinformation
Potentially dangerous coronavirus misinformation has spread from continent to continent like the pandemic itself, forcing the world’s largest tech companies to take unprecedented action to protect public health. Facebook, Google and others have begun using algorithms, new rules and factual warnings to knock down harmful coronavirus conspiracy theories, questionable ads and unproven remedies that regularly […]
Google’s fast-growing video tool Meet is getting a Zoom-like layout & Gmail integration
Google will allow business and education users on Gmail.com to directly take calls on its video conferencing tool Meet starting Thursday, a new feature being offered as the Alphabet unit seeks to capitalize on security and other concerns with rival services. The integration of Meet with e-mail is the first of several features being launched […]
Zoom rival BlueJeans snapped up by Verizon for less than $500 million
Image Source: BlueJeans Verizon on Thursday agreed to buy BlueJeans, a rival of Zoom, for less than $500 million as it looks to tap into the new-found popularity of video-conferencing apps. Shelter-in-place orders to contain the spread of the new coronavirus have pushed companies to adopt news ways of doing business, leading to a surge […]
Stripe raises $600 million as Covid-19 gives fintech a boost
U.S. fintech startup Stripe said on Thursday it raised $600 million, as companies that provide the online infrastructure for financial and payment services get a boost from the coronavirus pandemic. Fintech startups attracted a flood of investments last year as they pushed digitalization in financial services. The pandemic is accelerating the trend as more customers […]
Zoom not a safe platform for video conferencing: MHA
Warning that ‘Zoom’ — a popular mode for holding meetings via video conferencing — was not a safe platform, the home ministry has put out a set of guidelines that individual users may follow to ensure their safety while using Zoom for private purposes. Reiterating the advisory of CERT-In dated February 6, 2020 and March […]
Four states allow online sales of all goods from April 20
Maharashtra, Rajasthan, Tamil Nadu and Odisha have issued notifications allowing ecommerce sales of all goods, including non-essential categories, from April 20 in the second phase of the nationwide lockdown. Karnataka, Telangana and Haryana are evaluating a decision amid pent up demand for products used to aid work and education from home, said two senior industry […]
Fashion companies start ‘buy now, get later’ sales
Small fashion and lifestyle portals are organising lockdown sale events to beat the liquidity crunch during which shoppers can place orders even now but will receive deliveries after lockdown is lifted. Online firms such as Tjori, Voylla, Peachmode among others have announced discounts of up to 80% during the lockdown to prevent an inventory pile […]