Amazon and Walmart-owned Flipkart have asked the government to extend the February 1 deadline to comply with recently announced changes in the foreign direct investment (FDI) policy for ecommerce, according to people with knowledge of the matter. Flipkart confirmed this in an email. “We are working diligently to assess all aspects of the Flipkart business […]

India’s super computing solution in a box – Param Shavak has seen demand increase from state governments to install them in universities and colleges for students to work on applications in areas such as bioinformatics and weather analysis, besides Artificial Intelligence and Virtual Reality. The Centre for Development of Advanced Computing (CDAC) said that it […]

Netflix is raising its U.S. prices by 13% to 18%, its biggest increase since the company launched its streaming service 12 years ago. Its most popular plan will see the largest hike, to $13 per month from $11. That option offers high-definition streaming on up to two different internet-connected devices simultaneously. Even at the higher […]

Facebook will invest $300 million over three years in local news globally as it faces blistering criticism over its role in the erosion of the news business worldwide. The investment in time and money is a significant expansion of a plan to help newsrooms in the U.S. and abroad create and sustain viable business models […]

Image credit: Ted S. Warren Even though Microsoft ended mainstream support for “Windows 7” in January 2015, the software giant has now decided to put a final halt on the roll-out of free security patches also for the operating system next year. “After January 14, 2020, Microsoft will no longer provide security updates or support […]

Salesforce has updated its Commerce Cloud platform, adding AI integration, visual search, and inventory availability services to businesses in the retail sector. Through these new additions to the company’s e-commerce marketing platform, businesses can connect with customers throughout their entire buying journey and not just when they reach the company’s site. For example, the Einstein […]

SSE is teaming up with Tigerspike and AWS to deliver smart city services to the masses via its Internet of Things (IoT) platform. Part of the threesome’s strategy is to develop SSE’s Mayflower smart lighting solution, which is comprised of the entire infrastructure for smart lighting in cities, including sensors and devices to light up […]

Comcast‘s NBCUniversal will launch a streaming media service in early 2020 under a pricing model that seeks to mollify traditional pay TV providers while going after a market dominated by Netflix and Amazon. The advertising-supported service, announced on Monday, will be available at no cost to NBCUniversal’s pay TV subscribers in the United States and […]

Online retailers could take a Rs 35,000-40,000-crore hit on their FY20 revenues to comply with the revised foreign investment policy, according to Crisil. Brick-and-mortar stores, as a result, may see a 150-200-bps spike in sales with an additional Rs 12,000-crore-plus mop-up. “The fact that there will be a level playing field, which will create a […]

The Supreme Court on Monday issued notice to the Indian government seeking its response on multiple petitions challenging the Ministry of Home Affairs (MHA) order authorising security and intelligence agencies to snoop on all computers. Hearing the petitions filed by advocate M.L. Sharma among others, a bench of Chief Justice Ranjan Gogoi, Justices Ashok Bhushan […]