MX Player, the world’s largest local video player and India’s biggest entertainment platform with over 175 million monthly active users and 70 million daily active users, has entered into the original premium content space with five MX Original Series that will go live starting February 20. MX Player is owned by Bennett, Coleman & Co […]
Archives for February 2019
Disappointed over tweak in ecommerce FDI law: Walmart
Walmart chief executive officer Doug McMillon said it was disappointing that the Indian government had changed norms for foreign direct investment (FDI) in e-commerce without consultation and hoped for a more collaborative process going forward. “We were disappointed in a recent change in law and the lack of consultation, but the team has worked to […]
‘Enable risk-taking founders to retain control’
In his first big bet after selling his 5% stake in Flipkart last year, Sachin Bansal has invested Rs 650 crore in ride-hailing major Ola. With this, Bansal, who co-founded Flipkart in 2007, is backing Ola co-founder Bhavish Aggarwal in his battle with US ride-hailing giant Uber and the company’s international expansion. The duo have […]
Twitter to enforce stricter policies for political advertisers
Twitter on Tuesday said the expansion of its political ads policy and transparency approach will include India, Australia and all European Union member states as it looks to enforce stricter policies for political advertisers and providing clear, transparent disclosure for all ads on the platform. Twitter has been under fire in India after after CEO […]
Edge security: There’s lots of attack surfaces to worry about
The problem of edge security isn’t unique – many of the issues being dealt with are the same ones that have been facing the general IT sector for decades. But the edge adds its own wrinkles to those problems, making them, in many cases, more difficult to address. Yet, by applying basic information security precautions, […]
Marvel’s ‘Jessica Jones’ and ‘The Punisher’ cancelled by Netflix
Image Source: Netflix Netflix has cancelled two Marvel superhero series “Jessica Jones” and “The Punisher” hinting at the end of its licensing partnership with Disney-owned Marvel. The announcement comes after the streaming giant ended its other Marvel series – “Daredevil”, “Iron First” and “Luke Cage”. Netflix said in a statement, “Marvel’s ‘The Punisher’ will not […]
Facebook, Google to bring rules on poll ads to stop ‘foreign intervention’
Facebook and Google in India on Monday told the Bombay high court they are bringing in new rules for political advertisements before the general elections to prevent “foreign intervention” in polls . Google said it rolled out new norms from February 14, while Facebook said its new policy, similar to the ones introduced last year […]
Indane leaked millions of Aadhaar numbers: Report
A French researcher has claimed that he found a security lapse that allegedly exposed millions of Aadhaar numbers of dealers and distributors associated with Indane, an LPG brand owned by the Indian Oil Corporation (IOC). Baptiste Robert, who goes by the online handle Elliot Alderson and has exposed Aadhaar leaks in the past, wrote in […]
Small e-commerce sellers seek EU-like norms
A group of small sellers on Amazon and Flipkart has written to the Department for Promotion of Industry and Internal Trade (DPIIT) seeking stricter norms so that ecommerce companies can’t arbitrarily change the terms of business and suspend accounts. They have also asked for rules to bring greater transparency on online platforms such as an […]
Flipkart bets on alpha-beta tango to sync with FDI norms
Flipkart is creating a layer of B2B (business-to-business) entities that will act as intermediaries between its wholesale arm and prominent sellers on its platform to comply with foreign investment rules for ecommerce marketplaces, people familiar with the development said. Flipkart, which Walmart. acquired for $16 billion in May, has appointed eight-nine such independent entities, code-named […]