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Sunny Sen

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Startups | SoftBank’s WeWork misstep is redefining the game in India

STARTUP

Startups | SoftBank’s WeWork misstep is redefining the game in India

In future, it is very likely that investors will put in a lot of checks and balances before making such investments.

Parliamentary Committee of Women calls upon Twitter, Facebook over online safety concerns

BUSINESS

Parliamentary Committee of Women calls upon Twitter, Facebook over online safety concerns

Meanwhile, LocalCircles writes letter to the Committee to increase minimum age to access social media to 15 yrs and mandate real identify proof for safety.

CCI gives a go ahead to Amazon to acquire 49% in future group-owned future coupons

BUSINESS

CCI gives a go ahead to Amazon to acquire 49% in future group-owned future coupons

Future Coupons is a subsidiary of Future Group, which owns 7.3 percent of Future Retail (owner of Big Bazaar brand), and through the deal, Amazon will own 3.58 percent stake in the brick-and-mortar retailer.

Centre wants full access to non-personal data

BUSINESS

Centre wants full access to non-personal data

If the government has its way, anonymised and aggregated non-personal data with entities such as ecommerce providers, social media firms and retail companies will have to be opened to public authorities without any restrictions.

Hero Moto puts brakes on BS IV Splendor, other models, forms team to oversee BS VI transition

BUSINESS

Hero Moto puts brakes on BS IV Splendor, other models, forms team to oversee BS VI transition

Among others, Hero has discontinued the BS IV variants of the Splendor, HF Delux and Glamour motorcycles and the Pleasure scooter, and others will soon be discontinued.

Swiggy, Zomato revive merger talks as threat from Amazon, Uber Eats looms

BUSINESS

Swiggy, Zomato revive merger talks as threat from Amazon, Uber Eats looms

Key investors in both companies have held discussions in recent weeks about a possible merger, and the talks are still at a very early stage, sources said. Still, the investors are coming round to the view that combining forces is an attractive option, but the devil could be in the details.

Exclusive: Facebook to not allow political ads that target users' religion, caste

BUSINESS

Exclusive: Facebook to not allow political ads that target users' religion, caste

Political parties will not be able to place advertisements based on voters’ caste or religion.

Uber strengthens India push with $250-million investment

BUSINESS

Uber strengthens India push with $250-million investment

Ride-hailing business, Uber Eats will benefit from the investment that was approved on October 29.

Exclusive: Google India appoints former Star and Disney head Sanjay Gupta as new Country Manager

BUSINESS

Exclusive: Google India appoints former Star and Disney head Sanjay Gupta as new Country Manager

Gupta played an important role in making it the country’s largest media company.

WhatsApp breach: NSO meet police commissioners to sell spyware, says TMC's Mahua Moitra

BUSINESS

WhatsApp breach: NSO meet police commissioners to sell spyware, says TMC's Mahua Moitra

The Trinamool leader expresses concern over the abscence of a data protection law to guard citizens against unwarranted surveillance.

Exclusive | WhatsApp says its encryption works fine, swipes at Google and Apple

TECHNOLOGY

Exclusive | WhatsApp says its encryption works fine, swipes at Google and Apple

The wholesale compromise of infected phones by Pegasus came to light after Facebook sued NSO Group in a US court. More than 1,400 phones and devices have apparently fallen victim globally, with 121 of them in India, with the main targets being human rights activists, journalists and lawyers.

Freshworks valued at $3.5 billion in $150 million fund-raise from Google, Sequoia, Accel

BUSINESS

Freshworks valued at $3.5 billion in $150 million fund-raise from Google, Sequoia, Accel

Freshworks could raise more funds before listing its shares by 2021.

Govt reaffirms need for tracing WhatsApp messages after phone-hacking row

BUSINESS

Govt reaffirms need for tracing WhatsApp messages after phone-hacking row

The Pegasus breach has made it all the more important to go for traceability of content on WhatsApp, government officials say.

Twitter India to inform political parties, leaders about ad-ban decision

BUSINESS

Twitter India to inform political parties, leaders about ad-ban decision

Political ads account for only 2 percent of Twitter India’s annual revenue of $40 million , sources say.

Uber Money to launch in India in summer next year

BUSINESS

Uber Money to launch in India in summer next year

The cab-hailing company plans to provide a UPI-based full-stack payments and credit offering to its riders and drivers.

Amazon ups the game, pumps in $630 million in India businesses

BUSINESS

Amazon ups the game, pumps in $630 million in India businesses

Amazon Pay, Amazon Retail and Amazon Sellers to get the fund boost.

Exclusive: Shuttl to raise $42 million from Toyota, others

BUSINESS

Exclusive: Shuttl to raise $42 million from Toyota, others

After the latest round of funding, the bus aggregator will be valued at $213 million.

Govt may ask fraud office or Registrar of Companies to investigate Infosys

BUSINESS

Govt may ask fraud office or Registrar of Companies to investigate Infosys

If the government decides to go ahead with a probe, it will become a major distraction for India’s second-largest software services company, which is already being investigated by SEBI and SEC.

Ola exodus continues, 6 top executives leave international operations

BUSINESS

Ola exodus continues, 6 top executives leave international operations

Six senior executives of the Uber rival have resigned from in the UK, Australia and New Zealand

Govt concerned over TikTok content, intermediary status

BUSINESS

Govt concerned over TikTok content, intermediary status

TikTok puts watermark on some videos, while others don’t have it.

Ola sees more key exits: Pranav Tiwari, Sarmad Nazki resign

BUSINESS

Ola sees more key exits: Pranav Tiwari, Sarmad Nazki resign

Ola Engineering head Pranav Tiwari and Ola Electric head of finance Nazki leave the startup.

How India made Alexa intelligent, and what does its future look like

BUSINESS

How India made Alexa intelligent, and what does its future look like

From home to car to office, Amazon wants Alexa to be everywhere without intruding in your lives.

Exclusive | Flipkart to enter food retail with Farmermart, readies Rs 2,500cr war chest

BUSINESS

Exclusive | Flipkart to enter food retail with Farmermart, readies Rs 2,500cr war chest

Through Flipkart Farmermart, the e-commerce company will operate a full-fledged food retail business, including its own private label, a grocery supply chain and even open stores

Ola Co-Founder Ankit Bhati 'distances' himself from day-to-day operations

BUSINESS

Ola Co-Founder Ankit Bhati 'distances' himself from day-to-day operations

Ankit Bhati and Bhavish Agarwal co-founded Ola in 2010, the former has been the company's chief technology officer.

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