Twitter said Friday it will take down calls for violence starting after polls close on US election day and slap warnings on premature victory claims to fight efforts to undermine the election. When it comes to a winner in any race, Twitter will require an announcement by an election official or a public projection from […]
Microsoft announces new app store principles, takes aim at Apple and Google
Microsoft on Thursday said it would adopt a set of 10 principles for running its app store for Windows devices that could lower the commissions it charges, aligning itself with practices promoted by a group of Apple critics. Microsoft and scores of other companies have criticized the iPhone maker’s app store practices, which require developers […]
Microsoft announces new app store principles, takes aim at Apple and Google
Microsoft on Thursday said it would adopt a set of 10 principles for running its app store for Windows devices that could lower the commissions it charges, aligning itself with practices promoted by a group of Apple critics. Microsoft and scores of other companies have criticized the iPhone maker’s app store practices, which require developers […]
Delivery app Instacart raises $200 million at $17.7 billion valuation
Delivery startup Instacart on Thursday said it raised $200 million in its latest round, valuing the company at $17.7 billion as it cashes in on a surge in online shopping due to the COVID-19 pandemic. In June, Instacart raised $225 million, and the company was valued at $13.8 billion in that round. This latest round […]
Nykaa says new fashion category to top sales of Rs 500 crore
Fashion and beauty marketplace Nykaa said it expects the new fashion category to top sales of Rs 500 crore in FY 21. Under its multi-brand e-commerce label Nykaa Fashion, the brand has now forayed in the intimate wear category with its brand Nykd, ahead of the festive season. “The intimate wear category has been neglected […]
PharmEasy in investment talks with Naspers, TPG
Illustration: Rahul Awasthi South African technology and media conglomerate Naspers and US-based private equity firm TPG are in talks to invest up to $100 million each in Mumbai-based online pharmacyPharmEasy, three sources aware of the development said. The proposed investment is likely to be done at a pre-money valuation $1.2 billion, the sources told ET. […]
Amazon ploughs Rs 700 crore into its digital payments business in India
US-based online retailer Amazon has pumped in a further Rs 700 crore into its Indian digital payments business Amazon Pay, ahead of the festive season when it expects to dole out large cashbacks in order to grow its customer base. The bulk of its latest infusion comes via Amazon Corporate Holdings, the Singapore-based parent entity […]
Paytm announces a Rs 10 cr fund for mini-app developers in its fight against Google
Illustration: Rahul Awasthi Paytm has set up a Rs 10-crore investment fund to attract local app developers to its newly launched Mini App Store, as the fintech company attempts to garner support from the domestic tech ecosystem in its “battle” against Google. In a virtual gathering organized by the Noida-based company on Thursday, CEO Vijay […]
An ad is trending on YouTube. So what?
Illustration: Rahul Awasthi A nearly five-minute advertisement has been trending on YouTube India over the last few days, in what is a rare occurrence on the video-sharing platform. India’s top YouTuber — Ajey Nagar aka CarryMinati – features in the satirical video endorsing lifestyle brand Arctic Fox’s gaming backpack. It can be viewed on YouTube’s […]
Google faces new antitrust case in India over abuse in smart TVs market: Sources
Alphabet’s Google is facing a new antitrust case in India in which the U.S. tech giant is alleged to have abused its Android operating system’s position in the smart television market, a source and two lawyers involved in the case told Reuters. The case is Google’s fourth major antitrust challenge in India, one of its […]