AppsFlyer’s 10th Performance Index attributes Google’s success to its domination on Android, cites Facebook as an iOS standout, notes developers’ greater awareness about app install fraud, and more. For the first time since global attribution company AppsFlyer’s Performance Index’s 2015 guide, Google was number one in Power Ranking, which measures both quantity and quality of […]
Archives for March 2020
Enterprise AI Goes Mainstream, but Maturity Must Wait
An O’Reilly survey illustrates how enterprise groups are moving more applications into production, but also how companies face cultural and talent focused barriers. Artificial intelligence’s emergence into the mainstream of enterprise computing raises significant issues — strategic, cultural, and operational — for businesses everywhere. What’s clear is that enterprises have crossed a tipping point in […]
China’s Pinduoduo raises $1.1 billion in share placement amid volatile markets
Chinese e-commerce firm Pinduoduo said on Tuesday that it had raised $1.1 billion in a private share placement, bolstering its ability to finance growth, despite recent market volatility. Undeterred by the coronavirus epidemic that has rocked financial markets around the world, Nasdaq-listed Pinduoduo has secured several long-term investors including Chinese private equity firms Hillhouse Capital […]
Instacart, Amazon workers strike as labor unrest grows during coronavirus crisis
Warehouse, delivery and retail gig workers in the United States went on strike to call attention to safety and wage concerns for people laboring through the coronavirus crisis. Among the strikers were some of the roughly 200,000 workers at U.S. online grocery delivery company Instacart, according to strike organizer Gig Workers Collective, founded earlier this […]
Airbnb will give $250 million to hosts who lost income to virus
By Eric Newcomer Home sharing company Airbnb said it will give $250 million to hosts on its platform who have lost money from coronavirus-related cancellations at their properties. The startup, whose plans to go public this year have been thrown into question, has alternately faced criticism from guests and hosts over its refund policies related […]
Online grocers, pharmacies eye idle restaurant staff to meet demand
Online grocers and pharmacies are pulling out all the stops to hire manpower to fulfil deliveries of essential items at a time when demand has seen an unprecedented spike due to the ongoing Covid-19 lockdown. And this includes roping in idle staff at restaurants and taking help from job portals. India’s biggest delivery brands need […]
Microsoft partners with the industry to unlock new 5G scenarios with Azure Edge Zones
Cloud, edge computing, and IoT are making strides to transform whole industries and create opportunities that weren’t possible just a few years ago. With the rise of 5G mobile connectivity, there are even more possibilities to deliver immersive, real-time experiences that have demanding, ultra-low latency, and connectivity requirements. 5G opens new frontiers with enhanced mobile […]
ETtech Top 5: Online retailers tap common resources, Zoom app usage explodes & more
Illustration: Rahul Awasthi Online retailers tap common resources What’s the news? E-commerce, logistics and ride-hailing firms are putting in place several measures to ramp up capacity to deliver essentials to customers. These include procuring permissions to stock food at their warehouses, use railway freight to move goods and cabs to enable last-mile deliveries. Why does […]
Deferring credit card, personal loan payments may cost more
Read the fine print on your credit card bill? If you did, you might not consider deferring those repayments – or that personal loan you took to fund that trip to Maasai Mara this winter. Of course, the central bank has given a three-month grace on repayments – and those include unsecured loans such as […]
IASB Releases Guidance on Application of IFRS 9 During Time of Uncertainty Due to COVID-19 Pandemic
The International Accounting Standards Board (IASB) has released the document, IFRS 9 and COVID-19—Accounting for Expected Credit Losses Applying IFRS 9 Financial Instruments in the Light of Current Uncertainty Resulting from the COVID-19 Pandemic. Application of IFRS 9, Financial Instruments The document responds to questions regarding the application of International Financial Reporting Standard (IFRS) 9, Financial […]