Happy Thursday! Food delivery apps saw a significantly drop in order volumes after the country went into lockdown. While many upscale restaurants are jumping on the home delivery bandwagon, food ordering platforms are still reeling from a major slump in their core business. And that has promoted them to expand their logistics services. More than […]
MakeMyTrip partners with hotels to launch online gourmet delivery service
Leading online travel firm MakeMyTrip on Thursday said it has partnered with premium hotel chains and independent properties in select cities across India to roll out online gourmet delivery service. With dine-in experiences coming to a halt due to the coronavirus pandemic-triggered lockdown, the company aims to bring culinary experiences from top restaurants to the […]
WhatsApp Pay only after RBI nod, Supreme Court told
WhatsApp on Wednesday assured the Supreme Court that it would not launch its payments product, WhatsApp Pay, before getting the approval of the Reserve Bank of India. Senior advocate Kapil Sibal made the statement on behalf of the messaging platform, before a bench headed by Chief Justice of India SA Bobde. The three-judge bench then […]
Govt issues policy guidelines for social media campaigns
The Information & Broadcasting ministry on Wednesday issued draft policy guidelines for empanelment of social media platforms with the Bureau of Outreach and Communication, the nodal organisation for Centre’s paid outreach campaigns. The policy also aims at reaching out to more young people with its awareness campaigns, according to an official. “Particularly at a time […]
Facebook to pay moderators $52 million for work trauma
Facebook has agreed to pay $52 million to settle a class-action lawsuit in the United States which alleged that content moderators contracted to work for the social media giant had suffered mental health problems and trauma while filtering harmful content. The lawsuit, filed in 2018, alleged that Facebook did not properly protect moderators – employees […]
There’s more than food on plate of delivery companies
Illustration: Rahul Awasthi Food delivery apps Swiggy and Zomato, battling a major slowdown in their core business due to the Covid-19 pandemic and resultant lockdown, are thinking of expanding their logistics services to businesses outside their platforms, people in the know have said. Zomato is also eyeing the launch of a consumer-facing pick up and […]
Why Value Investing Will Never Die
[embedded content] Josh Brown and Michael Batnick discuss the recent rash of commentary about the “Death of Value Investing,” a discipline that has already died a thousand deaths before and yet is continually resurrected. Michael points out that growth investing is currently on a 30-year win streak versus value investing, while the distance between cheap […]
WhatsApp Pay: SC tells RBI, NPCI to respond in three weeks
The Reserve Bank of India (RBI) and National Payments Corporation of India (NPCI) are expected to file their response on WhatsApp Pay’s data localisation compliance status over the next three weeks following a Supreme Court directive on Wednesday. This comes when WhatsApp Pay is expected to be given the final nod for a full-scale roll-out […]
Artwork from the 1918 Pandemic
Taking a look back at the art, advertisements and political cartoons of the winter of 1918-1919 while the world was in the grip of the Spanish Flu, which ended up infecting as many as 500 million people, or one third of the world’s population. We didn’t have sophisticated equipment and laboratories to study the germ […]
ETtech Top 5: Unacademy’s latest WFH rules, 27 million jobs lost & more
Happy Wednesday! A day after Jack Dorsey, co-founder of microblogging site Twitter, said that all employees of the San Francisco-based firm have been given the option to work remotely forever, Indian edtech startup Unacademy followed suit. WFH forever Facebook-backed Unacademy said that 60% of its entire workforce will be working from home on a permanent […]