Facebook‘s long-delayed independent Oversight Board plans to launch in mid-late October, just before the November U.S. presidential election, although a board member said he did not know whether it would hear cases related to the contest. The board, created by Facebook in response to criticism of its handling of problematic content, will initially have the […]
WeWork sells control of China unit, says it got $200 million funding
US office-sharing firm WeWork on Thursday said it will sell control of its China division to one of its investors – private equity firm Trustbridge Partners – as it steps back from a competitive market where it has suffered low-occupancy rates. The deal effectively offloads the China unit away from the parent, which has faced […]
Oyo India staff seek adequate compensation, may move court
After Oyo Hotels & Homes announced its employees on the leave with limited benefits (LwLB) plan in India will have to either opt for a voluntary separation programme (VSP) from the company or continue with the existing plan till February, 2021 earlier this month, some impacted employees across Indian cities have banded together on social […]
Finding the political chasm in a story is what we have to do now, says Netflix co-CEO Ted Sarandos
In an interaction with author Anupama Chopra, Netflix co-CEO Ted Sarandos, who is also the chief content officer,talks about the success of Indian stories globally and getting the creative process right in India. Edited excerptsThe entertainment business has been ravaged by the pandemic. What is your biggest concern?The biggest thing that we have been focused […]
The travel industry is never going to be the same again, says Airbnb CEO Brian Chesky
In an exclusive chat with Satyan Gajwani, vice-chairman of Times Internet, Airbnb CEO Brian Chesky talks about leading the company during the pandemic. The ET Global Business Summit is built for the business and political leadership of India and it would be great to understand from the founder and CEO what exactly Airbnb is and […]
Facebook removes fake accounts spreading Chinese propaganda
Facebook Inc said it detected and removed a small scale network of fake accounts aimed at distributing Chinese propaganda and disinformation across Southeast Asia and the US. Disguised as local operators, the accounts sought to amplify pro-China messaging over its control of the South China Sea and surrounding area, while promoting political leaders deemed to […]
U.S. Justice Department proposes changes to internet platforms’ immunity
President Donald Trump met with nine Republican state attorneys general on Wednesday to discuss the fate of a legal immunity for internet companies after the Justice Department unveiled a legislative proposal aimed at reforming the same law. Trump met with attorneys general from Arizona, Arkansas, Louisiana, Mississippi, Missouri, South Carolina, Texas, Utah and West Virginia. […]
PhonePe joins ranks with Paytm against Google
Transcript of interview with PhonePe founder and CEO Sameer Nigam on the Google vs Paytm controversy. With all that’s been happening between Paytm and Google, on the face of it, what’s your take as the founder and CEO of one of India’s leading payment apps? How do you really see this whole issue and the […]
Thailand to start legal action vs Facebook, Google, Twitter over content
Representative image Thailand’s digital ministry said on Wednesday it would start legal action against Facebook, Twitter and Google this week for ignoring some requests to take down content, in what would be the country’s first such cases against major internet firms. The ministry would file complaints with cybercrime police on Thursday after the U.S. companies […]
Food delivery sales touch 85% of pre-Covid-19 levels in September
Illustration: Rahul Awasthi Sales of food delivery platforms recovered by an additional 10% over last month to touch 85% of the pre-Covid-19 levels, food ordering firm Zomato said in a report on Wednesday. While Delhi and Mumbai are nearing full recovery, with 95% of pre-Covid-19 sales, other metros such as Bengaluru, Hyderabad, and Chennai are […]