Archives for March 2019

Data science is nothing new. But it’s evolving in the world of business. It’s estimated that by 2026 there will be 11.5 million jobs in the data science industry. Why is this the case? The simple fact is that businesses are beginning to take notice of how it can help them to make the most […]

Online restaurant discovery and food delivery platform Zomato has said it is raising $62.5 million (about Rs 441 crore) in a fresh round of funding led by Naspers-backed German food-tech major Delivery Hero. The capital infusion is part of Zomato’s ongoing Series I round, and is likely to value the Gurgaon-headquartered company at about $2 […]

Unified Payments Interface, the instant inter-bank fund transfer mechanism has clocked 674 million transactions in the month of February, as per latest data released by the National Payments Corporation of India which runs the payment rails. This is a slight jump of 0.3% against January where the transactions stood at 672 million. February with 28 […]

Viu, the video over-the-top (OTT) player, has officially launched its service in South Africa. The service is already available across 16 countries including Hong Kong, Singapore, Malaysia, India, Indonesia, the Philippines, Thailand, Myanmar and Middle East countries. In South Africa, the app will be available in a ‘freemium’ model offering premium local, regional and original […]

YouTube said on Thursday it will turn off comments on nearly all videos featuring kids, potentially affecting millions of posts on the site, after reports last week that pedophiles were leaving inappropriate comments on innocuous videos of children. The change comes as YouTube grapples with moderating content across its platform as concerns about hate speech, […]

Ola Electric Mobility, the e-vehicle solutions business of ride hailing major Ola, has raised Rs 400 crore in fresh funding from Matrix Partners India and Tiger Global, among other investors. Notably, this is the first independent round of investment that Ola’s electric mobility unit has raised. The investment in the unit comes after Ola announced […]

Microsoft has announced a new inbuilt security information and event management (SIEM) tool for its Azure cloud customers, which promises to use AI to slash the number of alerts that security teams need to respond to. The new tool, dubbed ‘Azure Sentinel’, will help infosec professionals monitor and defend their cloud environments by collating all […]

Facebook has revealed its paid Workplace enterprise communications platform is now being used by two million people worldwide, a little over two years after its launch. The social network said more than 150 large companies (with more than 10,000 employees) have signed up to its corporate collaboration tool, offering workers a centralised place to communicate […]

Reckitt Benckiser has started its own direct-to-consumer e-commerce operation to sell some of its premium products in the country through brand-specific platforms, joining a select set of firms with own sales portals, such as Mondelez and ITC. An email query sent to RB India’s spokesperson remained unanswered till the time of going to press. RB […]

A clutch of venture capital investors including A91 Partners, NewQuest Capital Partners and TR Capital are in separate talks to acquire a minority stake in Hector Beverages, owner of ethnic drinks brand Paper Boat, two people aware of the development said. In this round, Paper Boat plans to raise about $25-30 million at a valuation […]