Asia’s first LGBT+ video streaming platform that bills itself as the continent’s “gay Netflix” plans to expand this year into India, its founder said on Wednesday, following the 1.3 billion-strong country’s legalisation of gay sex. GagaOOLala – which combines two slang phrases used to describe gay people in Taiwan – is moving into India because […]
Archives for 2019
COAI opposes government plan to regulate internet platforms
Bharti Airtel and Vodafone Idea, represented by Cellular Operators Association of India (COAI), have opposed the government’s proposed amendments to the intermediary guidelines and to regulate internet platforms in order to curb fake news, terming them “vague” and ones which can violate the privacy of users. The stance of India’s two older telcos was in […]
Local sourcing rule may be eased for FDI in single-brand retail
The government is considering a relaxation in mandatory 30% local sourcing norm for foreign direct investment (FDI) in single-brand retail in a bid to draw companies such as Apple looking to set up their own stores in India. Depending on the amount of investment, the retailer can get up to 10 years over which it […]
Data protection to form core of ecommerce policy
Protection, localisation and cross-border flows of data and privacy will be at the core of the upcoming ecommerce policy that will also focus on India’s position in global trade negotiations, officials in the know said. With a group of 76 members including the US, European Union, China, Japan, Australia and Singapore working to develop trade […]
Oyo gets $100M from China’s Didi Chuxing
Chinese ride-hailing giant Didi Chuxing has invested $100 million in hospitality chain Oyo Hotels & Homes. The investment, which continues to value Oyo at about $5 billion, has been made from Didi-controlled entity Star Virtue Investment, people aware of developments told ET. This brings to a close Oyo’s $1 billion financing round led by existing […]
That VPN may not be as secure as you think
If you’re a VPN subscriber and have ever wondered just how secure the supposedly encrypted pipe that you’re using through the internet is — and whether the anonymity promise made by the VPN provider is indeed protecting your privacy— well, your hunches may be correct. It turns out several of these connections are not secure. Academics say […]
Cisco Reports Second Quarter Earnings FY19
Q2 Results: Revenue: $12.4 billion Growth of 7% year over year (normalized to exclude the divested SPVSS business for Q2 FY 2018) Earnings per Share: GAAP: $0.63; Non-GAAP: $0.73 Non-GAAP EPS increased 16% year over year Q3 Guidance (normalized to exclude the divested SPVSS business for Q3 FY 2018): Revenue: 4% to 6% growth year […]
Twitter making efforts to reduce harassment & promote healthy conversations
Micro-blogging site Twitter is considering ways to restrict mental and physical threats to its users that are triggered during or due to digital conversation on its platform, Twitter CEO Jack Dorsey said in an online interview. Dorsey made the comments while discussing Twitter’s efforts to reduce harassment on its platform and promote healthy conversations. “We […]
India targets Facebook in backlash against U.S. giants
By Saritha Rai India’s government dealt retail giants Amazon and Walmart a devastating blow this year with new policies undermining their growth plans. Now U.S. social media pioneers Facebook and Twitter are in danger of suffering similar setbacks in what is perhaps the world’s most important emerging technology market. In the latest skirmish, the government […]
Activision to lay off 800 workers as video game sales drop
Video game maker Activision Blizzard is laying off nearly 800 workers as the company braces for a steep downturn in revenue following the best year in its history. The cutbacks announced Tuesday illustrate the boom-and-bust cycles in an industry whose fortunes are tied to video games that can have a relatively short lives before players […]