Paytm First Games has been relisted on Google Play Store, the gaming app of fintech company Paytm said in a blog post on Wednesday, nearly three weeks after it was taken down from the dominant app store. The company said it had realigned its promotion strategies, which Google had termed as “policy violations” earlier. Google’s […]
12 accusations in the damning House report on Amazon, Apple, Facebook and Google
House lawmakers released a scathing report on four of the world’s largest tech companies, accusing them of abusing their market power. The report, which was released on Tuesday and concludes a 16-month investigation into Amazon, Apple, Facebook and Google, recommended breaking up the companies and passing the most sweeping changes to antitrust laws in decades. […]
How Big Tech companies gain and maintain dominance
Democrats from a U.S. House of Representatives subcommittee issued a report on Tuesday detailing tactics it said four of the biggest technology companies used to gain dominant positioning in online search, advertising, social networking shopping and other businesses. Here are notable findings. Amazon The issue: Amazon sells its own products as well as goods from […]
CCI goes to SC against Karnataka HC stay on Amazon, Flipkart probe
The Competition Commission of India (CCI) has filed an appeal at the Supreme Court against the Karnataka high court order earlier this year, which granted an interim stay on the regulator’s probe on Flipkart and Amazon India. The antitrust body filed a special leave petition at the apex court last month, according to listings at […]
Limited data sharing in Jio deal: Facebook to CCI
Facebook assured the Competition Commission of India (CCI) that its investment in Jio Platforms will only involve exchange of “limited data” related to facilitating ecommerce transactions, according to the regulator’s order made public on Tuesday. CCI, however, warned both sides that anti-competitive conduct resulting from data sharing in the future could be taken up by […]
RIP Eddie
My god what’s next. RIP Mr. Van Halen. [embedded content]
LinkedIn launches stories in India, undertakes other product upgrades
Post the Covid-19 pandemic which necessitated the need for social distancing and working from home for professionals and also led to massive unemployment across the world, people have come on to the LinkedIn platform ‘in droves’, said Kiran Prasad, VP of product at LinkedIn in an interview to ET. “They are coming in order to […]
Online sellers eye big discounts to clear piled-up inventory
Illustration: Rahul Awasthi Ecommerce platforms could offer a flurry of discounts this festive season, as sellers and manufacturers look to liquidate high levels of inventory, according to industry executives. The rebates could be mainly in categories such as fashion, small electronics, appliances, personal care products and toys, they said. Slow offline sales and shifting consumer […]
New investors may bring $150 million to Zomato table
Illustration: Rahul Awasthi A set of four new risk investors is expected to join the ongoing $600-million financing round at online food delivery company Zomato, two people in the know of the matter said, signalling continued interest in India’s internet story despite the Covid-19 crisis upending businesses across the board. London-headquartered hedge fund Steadview Capital, […]
Deferment of 30% fee shows Google’s guilt: Paytm CEO
Paytm chief executive Vijay Shekhar Sharma said Google’s decision to defer the levy of a 30% commission from Indian businesses selling digital goods through Play Store apps was an “admission of guilt” by the US-based tech giant. Google last week said it would charge the commission on developers globally from September 2021. Sharma alleged that […]