eBay chief executive officer Devin Wenig said the US online marketplace will re-enter India amidst the government’s latest foreign direct investment (FDI) guidelines on e-commerce companies. “There won’t be one or two parties that make up the entirety of the Indian ecommerce opportunity and we certainly intend to have a share of it,” Wenig said […]
Legal experts say Flipkart, Amazon may eye private labels to curb loss
As the revised FDI laws force Flipkart and Amazon to cede control of inventory sold on their platforms, the two firms could look at compensating for loss this with an increased focus on private labels, something which could have the added benefit of yielding higher margins. The government’s notification on December 26 disallowed any seller […]
FDI rules may take away 50% of Amazon, Flipkart’s businesses
The revised FDI norms in the e-commerce sector is likely to affect up to 50% of the goods that are sold on Amazon and Flipkart, coming as a huge blow for the two e-tailer. Industry analysts peg the sales being driven by these two class of sellers to be between 50-60% for both e-commerce giants […]
TheMoon Rises Again, With a Botnet-as-a-Service Threat
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2019 Already Marred By Slew of Data Breach Incidents
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Powering the Next Wave of Intelligent Devices with Machine Learning – Part 2
In the first part of this series, we introduced the BigML Node-RED bindings and showed how to install and use them to create a simple BigML-powered flow in Node-RED. In this second installment, we are going to create a second flow which will give us the opportunity to consider in greater detail important concepts such […]
DARPA explores new computer architectures to fix security between systems
Solutions are needed to replace the archaic air-gapping of computers used to isolate and protect sensitive defense information, the U.S. Government has decided. Air-gapping is the common practice of physically isolating data-storing computers from other systems, computers and networks so they theoretically can’t be compromised because there is nothing connecting the machines. [ Also read: […]
View: Why the new e-commerce policy is against consumer interest
By Lloyd Mathias In all the analyses around the government’s proposed e-commerce policy effective February 01, an important element that is being ignored is its impact on consumers. It’s rather tragic, because while the other three affected parties; viz. the global e-commerce marketplaces like Amazon & Flipkart-Walmart; the domestic e-commerce players like Snapdeal & Paytm; […]
India says it is not extending Feb 1 deadline for e-commerce norms
India will not extend the Feb 1 deadline for the implementation of modified foreign direct investment (FDI) norms for its e-commerce sector, it said in an official notification on Thursday. The decision not to delay the rules was taken after “due consideration”, India’s Department of Industrial Policy and Promotion said. The move comes despite intense […]
The Network week in review: January 28 – Feb 1
1. Data privacy: A business imperative 2. The Cisco Data Center is anywhere your data is 3. Cisco CMO Karen Walker on results and lessons from “Bridge to Possible” launch 4. Raising the bar on multicloud management 5. Cisco announces intent to acquire Singularity Networks Coming up next week we go inside BlizzCon to see […]