Apple has launched the Apple Store online in India. The online store will offer Apple’s full range of products and will also offer direct support to customers across the country. Apple specialists will be available via the online store to help users on issues like custom-configuring any Mac to setting up new devices. Customers will […]
This deal helped turn Google into an ad powerhouse. Is that a problem?
By Steve LohrGoogle owns the world’s leading search engine, it operates the largest video-hosting service in YouTube, and its popular web browser, email, map and meeting software is used by billions of people. But its financial heft — the source of nearly all its enormous profits — is advertising. And perhaps no day was more […]
Facebook India moves SC seeking to set aside Delhi Assembly Panel Notice
The Supreme Court on Wednesday will hear a plea by Ajit Mohan, the India head of social media giant Facebook, challenging a notice sent to him by the Delhi Assembly. The petition is listed before a bench comprising Justices Sanjay Kishan Kaul, Aniruddha Bose and Krishna Murari. On Sunday, the Delhi Assembly panel on peace […]
The big picture in the entire AR-filter craze
Illustration: Rahul Awasthi Unless you live under a digital rock, you have most likely seen or been someone who has done one of these things in their social media posts in recent times: sported animated glasses or an eye patch à la the pirates, swapped their face with a teddy bear or the indomitable Kokilaben […]
Byju’s continues to rack up more funds, this time from three new US investors
Education technology firm Byju’s said it has added three new US investors– the world’s largest asset manager, BlackRock, Sands Capital and Alkeon Capital, a hedge fund– to its long list of backers as it continues to raise gobs of cash amid a boom in online education. The investment is part of an ongoing funding round […]
Airline safety
via Harley Schwadron
CCI approves merger of Medlife with larger rival PharmEasy
Illustration: Rahul Awasthi India’s competition watchdog has approved the merger of online pharmacy Medlife with larger rival PharmEasy, the first major consolidation play in the sector that has recently seen the entry of deep-pocketed players like Reliance Industries and Amazon. The deal will see API Holdings, the parent entity of PharmEasy, acquire 100% equity shares […]
Delhi HC stays tax assessment proceedings against Tiger Global on Flipkart-Walmart deal
The Delhi High Court granted a stay against initiation of assessment proceedings by tax authorities into sale of Tiger Global’s 17% stake in Flipkart to Walmart for Rs 14,500 crore in 2018. Tiger Global had claimed nil witholding tax on capital gains from the exit, which was rejected by the Authority of Advance Rulings (AAR). […]
Cyber security incidents in India tripled to 3.5 lakh in July, August from Jan-March: Sanjay Dhotre
India saw over 3.5 lakh cyber security incidents in the month of July and August, triple the number of incidents that it saw in the first three months of 2020, the Union Minister of state for electronics and information technology Sanjay Dhotre said in the Lok Sabha on Monday. Dhotre, responding to a question from […]
Donald Trump celebrates TikTok deal that falls short of his key demands
Illustration: Rahul Awasthi The TikTok video-sharing app was already under US scrutiny when users pranked President Donald Trump’s campaign by pretending to reserve thousands of tickets to a June re-election rally in Oklahoma. For Trump administration hardliners who wanted a tougher stance toward Beijing and viewed the Chinese-owned app as a national security threat, it […]