Microsoft has acquired database business Citus Data in the hope it’ll be able to offer customers access to scalable databases on PostgreSQL. The company said it wants to offer developers access to more scalable and flexible systems to deal with larger data volumes in a faster fashion. It says the integration of Citus Data’s software […]

AWS has released its Neo-AI code as an open source project, encouraging developers and other AI experts to contribute to the platform. The company explained that usually, ensuring a machine learning model works across a variety of hardware platforms (especially those running on edge networks) is difficult because there are so many factors and limitations […]

Facebook has launched a new “Privacy and Data Use Business Hub” to help businesses understand ways in which they could protect user-information while using the platform. The hub contains information on topics including advertisements, privacy principles and guidelines to help companies understand rules like General Data Protection Regulation (GDPR) — which is a European Union […]

Online higher education platform UpGrad says it will invest Rs 100 crore in advertising and brand building activities in 2019 as it sets its eyes on signing up 5,000 students for its post graduate and professional skilling programmes this quarter. The company has signed up Bollywood actor Vicky Kaushal as its brand ambassador with this […]

PhonePe, the payments arm of Flipkart, is set to enter financial services, starting with selling mutual funds through its app. The move comes at a time when the fintech space is seeing heightened action with multiple startups raising capital in the last two weeks. PhonePe aims to tap the growing base of millennials looking to […]

An FIR was registered on Saturday against Flipkart founder Sachin Bansal and CEO Kalyan Krishnamurthy following a complaint of cheating lodged by a Ghaziabad-based lawyer. The complainant, Naushad Chaudhary, alleged the company had sold him a laptop having features different from what was mentioned at the time of sale on the Flipkart app installed on […]

Domestic e-commerce companies Snapdeal and ShopClues, social commerce startups including Shop101, and a bunch of online-only brands have come together to oppose any extension of a February 1 deadline for online marketplaces to comply with FDI rules. This is the first time smaller online retailers have voiced their concerns to the government after last month’s […]

India’s largest ride hailing app Ola has more than halved its cash burn at its food business Foodpanda and plans to make its private label brands the cornerstone for growth, even as the food tech war gets more aggressive, driven primarily by deep pocketed rivals Swiggy, Zomato and UberEats’ continued discounting, three people directly aware […]

Photo: Elise Amendola Netflix, moving to fend off the challengers in the war for streaming media dominance, is taking aim at competitors from the video game world, notably “Fortnite.” The dominant online television service has begun efforts to become more interactive as part of an effort to keep its viewers from turning to service like […]

China’s sudden move to join the US, Japan, Australia, EU and Singapore for developing trade rules for ecommerce has put pressure on India to join the talks, which have been opposed by more than half of the World Trade Organistion (WTO) members. China, which joined the league of 75 other countries on Friday had, till […]