China’s ByteDance is planning a US initial public offering of TikTok Global, the new company that will operate the popular short video app, should its proposed deal be cleared by the US government, people familiar with the matter said on Thursday. ByteDance is racing to clinch an agreement with the White House that will stave […]
Australia to amend law making Facebook, Google pay for news
The author of proposed Australian laws to make Facebook and Google pay for journalism has said his draft legislation will be altered to allay some of the digital giants’ concerns, but remain fundamentally unchanged. Australia’s fair trade regulator Rod Sims, chair of the Australian Competition and Consumer Commission, said he would give his final draft […]
Regulate digital media, not TV, Centre tells SC
The Centre on Thursday suggested to the Supreme Court to frame regulatory mechanisms for curbing hateful, insidious and communal content on digital and social media platforms rather than making a fresh attempt to regulate content of print and electronic media, which already have an existing framework recognised by the court in recent judgments. Apparently anguished […]
Digital ad spends on IPL to go up by atleast 20 percent this year: Advertisers
Advertising spends on platforms like Facebook and Google‘s YouTube and other social media platforms for the upcoming Indian Premier League (IPL) will go up by at least 20% this year as the tournament goes digital, advertisers and marketers said. Spends will also go up because IPL coincides with the festive season this year, which anyway […]
Internet cos bulk up blue-collar jobs ahead of festival rush
Illustration: Rahul Awasthi Major ecommerce companies and logistics services providers have increased hiring of blue-collar temporary workers by about 50% during the second quarter to gear up for the upcoming festive season, according to estimates by third-party staffing agencies. Even as the ramp-up by the likes of Amazon, Flipkart, BigBasket, Shadowfax and Ecom Express continues, […]
Ecommerce may bag big gains this festive season by logging record sales
Illustration: Rahul Awasthi The online retail industry is expecting strong growth in sales during the upcoming festive season, riding on the back of a surge in first-time shoppers from smaller towns, according to analysts and industry executives who expect the sector to also gain from the pandemic-induced slowdown in offline retail. The season will be […]
ByteDance says proposal for TikTok partnership will need both Chinese and US approval
Illustration: Rahul Awasthi ByteDance‘s proposal for U.S. software firm Oracle Corp to become a technology partner in its TikTok app will ultimately need approval from both Chinese and U.S. officials, the company said on Thursday. The proposal, submitted to the Trump administration over the weekend, envisages Oracle becoming a “trusted” technology partner and making TikTok […]
ByteDance says proposal for TikTok partnership will need both Chinese and US approval
Illustration: Rahul Awasthi ByteDance‘s proposal for U.S. software firm Oracle Corp to become a technology partner in its TikTok app will ultimately need approval from both Chinese and U.S. officials, the company said on Thursday. The proposal, submitted to the Trump administration over the weekend, envisages Oracle becoming a “trusted” technology partner and making TikTok […]
Flipkart allows PhonePe rival Paytm at checkout
Illustration: Rahul Awasthi In a surprising move, Flipkart has started integrating Paytm‘s e-wallet on its platform even as it continues to compete with its unit PhonePe for the high stakes online payments market. Paytm’s e-wallet and Unified Payments Interface (UPI) integration on Flipkart is already being rolled out to users gradually and it would be […]
Flipkart allows PhonePe rival Paytm at checkout
Illustration: Rahul Awasthi In a surprising move, Flipkart has started integrating Paytm‘s e-wallet on its platform even as it continues to compete with its unit PhonePe for the high stakes online payments market. Paytm’s e-wallet and Unified Payments Interface (UPI) integration on Flipkart is already being rolled out to users gradually and it would be […]