By Erin Griffith Lauren Allbright, a teacher, children’s book author and triathlete, was antsy from weeks of sheltering in place. So last month, she “panic bought,” she said, a $2,245 Peloton bike. It was a “pricey decision,” she acknowledged. But her gym was closed, and it had been raining nonstop in Richardson, Texas, where she […]
Amazon partners with BMC to deliver essentials in Mumbai’s containment zones
Amazon on Thursday announced its partnership with the Brihanmumbai Municipal Corporation (BMC) to enable delivery of essential items to the city’s residents stuck inside containment zones. The e-commerce giant said it will start allowing customers staying in containment zones across the city to place orders. This comes after the online retailer piloted the services successfully […]
Unacademy database of 22 million users hacked, up for sale
A database of around 22 million users of Unacademy with contacts of employes from companies like Wipro, Infosys, Cognizant, Google, and its investor Facebook is up for sale on the darkweb, according to US-based security firm Cyble. The company had suffered a breach in January following which contacts were put up for sale as recently […]
PayPal sees strong Q2 as online spending surge
PayPal said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online, even as lockdowns start to ease, sending its shares up 8% in extended trading. Online retailers are seeing demand rise, boosting digital payments. PayPal said on Wednesday it added a record 7.4 […]
KN Govindacharya sends legal notice flagging Aarogya Setu’s privacy concerns
Former RSS ideologue KN Govindacharya has sent a legal notice to the government alleging several privacy and legal concerns with respect to the Aarogya Setu contact tracing app. The Aarogya Setu app, which has been downloaded by around 90 million people, has been made mandatory for government as well as private sector employees and for […]
Non-essential e-commerce in the red even in Green & Orange zones
Illustration: Rahul Awasthi E-commerce leaders including Amazon and Flipkart have been able to recover only one-fifth of their pre-Covid-19 demand even after they opened up sales of non-essentials across smaller towns and cities which fall under the Green and Orange zones, as per analysts and industry insiders. These companies said initial orders have come in […]
NLSIU VC among 20 on Facebook’s first Oversight Board
Two years after first proposing an independent body to address some of the most pressing content moderation matters social media giant Facebook announced on Wednesday its first 20 board members of the Oversight Board, including Sudhir Krishnaswamy, vice chancellor of the National Law School of India University. Brent Harris, Facebook’s director of governance and global […]
Disney+ to play a key role in Walt Disney’s post-Covid-19 future
Walt Disney‘s direct-to-consumer streaming services are expected to drive future growth of the media and entertainment conglomerate which is hit hard by the Covid-19 pandemic. The crisis, that impacted almost all of Disney‘s businesses, has cost the company nearly $1.4 billion, from its shuttered theme parks, retail stores, delayed or cancelled theatrical releases, suspended cruise […]
Zomato targets push into alcohol deliveries
Indian food delivery company Zomato aims to branch out into delivering alcohol, according to a document seen by Reuters, as it seeks to cash in on high demand for booze during the country’s coronavirus lockdown. Zomato has already diversified into grocery deliveries as the restrictions on movement shuttered some restaurants and people hesitated to order […]
ETtech Top 5: General Atlantic bets on India, rural areas drive internet usage & more
Hello everyone! India’s startup ecosystem is reeling under the government’s latest foreign direct investment norms which prohibit automatic routing of Chinese capital. But the move may have made it easy for others. Private equity firm General Atlantic is finally vying for consumer technology and early-stage startups in India. This is vastly different from its approach […]