Restraining Netflix from releasing its forthcoming web series “Bad Boy Billionaires”, a local Court in Hyderabad earlier this week held that if allowed to stream, the series might cause “irreparable loss” to Satyam Computer Services founder B Ramalinga Raju. The order which was made available today was passed on a plea by Raju who had […]
Archives for September 2020
US Justice Department’s Google lawsuit expected in weeks ahead: Report
The Justice Department, which has been conducting an antitrust investigation of Alphabet’s Google, plans to bring a lawsuit against Google as soon as this month, according to two sources familiar with the probe, who said the focus remains on search and advertising. Deputy Attorney General Jeff Rosen told Reuters last month that the Justice Department […]
Facebook to Congress party: Will remove hate posts by public figures
Facebook has promised the Congress that it will continuously remove hate posts by Indian public figures from its platforms and also assured the Opposition party of its commitment to “non-partisan approach” and opposition to “hate and bigotry in all forms”. “On the question of hateful content by public figures, we want to assure you that […]
E-commerce companies seek temporary warehouses to handle festive rush
Amazon and Flipkart are in talks with several warehouse operators across the country to lease their space temporarily in anticipation of a bumper festive season as consumers increasingly click to buy and avoid crowding brick and mortar stores due to the continuing Covid-19 pandemic. Both companies expect their sales to outpace existing fulfilment centres and […]
Small offline businesses are increasingly going online: Study
Illustration: Rahul Awasthi More offline garment, footwear and other retailers are looking to set up their own online storefronts and logistics for online deliveries, according to a study conducted among more than 20,000 freelancers and small businesses. The study, conducted by Bengaluru-based invoice and payment system for freelancers, Refrens.com, measured the Covid-19 pandemic’s impact on […]
Mobile gaming firm Skillz to go public through merger with blank-check company
Mobile gaming firm Skillz Inc will float its shares on the New York Stock Exchange through a merger with Flying Eagle Acquisition Corp, a blank-check company founded by Hollywood executives Harry Sloan and Jeff Sagansky. The transaction will value Skillz at around $3.6 billion, according to Skillz.Wellington Management, Fidelity Investments, Franklin Templeton Investments and Neuberger […]
How IoT sensors and analytics can make inside air safer for schools and offices
How IoT sensors and analytics can make inside air safer for schools and offices Length: 5:24 | Sep 3, 2020 Advanced building controls can help keep air clean to reduce the risk of the spreading coronavirus indoors while sensors can send an alert if a room goes over capacity.
India’s ban on Chinese Apps not beneficial to anyone, says China
In Washington on Monday, China’s new export measures were widely seen as a potential poison pill for the TikTok deal. Beijing: China on Thursday said India’s decision to ban 118 Chinese APPs is not beneficial to the Indian users nor to China’s businesses and claimed it violated WTO rules. India on Wednesday banned 118 more […]
SoftBank is said to consider bid for TikTok in India
By Pavel Alpeyev, Giles Turner and Sarah McBride SoftBank Group Corp. is exploring assembling a group of bidders for TikTok’s India assets and has been actively looking for local partners, according to people familiar with the matter. Over the past month, the Japanese conglomerate, which owns a stake in TikTok’s Chinese parent ByteDance Ltd., has […]
Robinhood faces SEC probe related to deals with high-speed traders: Report
Robinhood faces a probe by the U.S. Securities and Exchange Commission over its early failure to fully disclose its practice of selling clients’ orders to high-speed traders, the Wall Street Journal reported on Wednesday. The investigation is at an advanced stage and the company could pay a fine exceeding $10 million, the report added, citing […]