EBay forecast first-quarter revenue below analysts’ estimates on Tuesday, as the e-commerce company faces fierce competition from Amazon and Walmart. “The relative growth rates of eBay’s business versus Walmart’s e-commerce efforts suggests eBay is losing market share to Walmart in the category,” D.A. Davidson analyst Tom Forte said. Facing stiff competition in its marketplace business, […]
Archives for 2020
How Facebook thinks its independent oversight board should work
The Facebook logo is seen on a screen in this picture illustration taken December 2, 2019. REUTERS/Johanna Geron/Illustration Facebook recommended rules on Tuesday for how its independent oversight board will work and said a former human rights group director will lead the board’s administrative staff. The content appeals board, which will grow to about 40 […]
Google announces $1 million grant for promoting news literacy in India
Google on Wednesday announced a $1 million grant for global non-profit organization Internews that will launch a new initiative to promote news literacy among the Indian public. The funding is part of Google.org’s broader, $10 million commitment to media literacy, in collaboration with the Google News Initiative (GNI), the company said in a statement. Internews […]
Tesla’s massive stock rally faces a moment of truth as the company reports earnings
Tesla CEO Elon Musk speaks during the Tesla China-made Model 3 Delivery Ceremony in Shanghai. STR | AFP | Getty Images Tesla shares have skyrocketed by about 120% since the electric car maker last delivered an earnings report in October, and investors eagerly anticipate the company’s fourth quarter results, which it is scheduled to report […]
10 recommendations for cloud privacy and security with Ponemon research
Today we’re pleased to publish Data Protection and Privacy Compliance in the Cloud: Privacy Concerns Are Not Slowing the Adoption of Cloud Services, but Challenges Remain, original research sponsored by Microsoft and independently conducted by the Ponemon Institute. The report concludes with a list of 10 recommended steps that organizations can take to address cloud privacy […]
Mobile World Congress to go ahead despite China virus spread – GSMA
BERLIN (Reuters) – The Mobile World Congress, an annual telecoms industry event that draws more than 100,000 visitors to Barcelona, will go ahead as planned on Feb. 24-27 despite the international spread of a virus that has killed 132 people in China. “The upcoming Mobile World Congress Barcelona event will proceed as planned,” the GSMA […]
Treasury yields edge lower ahead of Fed decision
U.S. government debt prices were slightly higher on Wednesday morning, as investors monitored the spread of the coronavirus and looked ahead to a rate decision by the Federal Reserve. At 2 a.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 1.6355%, while the yield on the […]
More US service members diagnosed with brain injury after Iran missile attack
A picture taken on January 13, 2020 during a press tour organised by the US-led coalition fighting the remnants of the Islamic State group, shows a view of the damage at Ain al-Asad military airbase housing US and other foreign troops in the western Iraqi province of Anbar. Ayman Henna | AFP | Getty Images […]
Banks approve reduced fees for UPI, RuPay
Banks have decided that they will not charge a part of the fees on Unified Payments Interface (UPI) and RuPay card transactions as long as the merchant discount rate (MDR) remains zero following the government announcement, three people aware of the matter said. After a letter from the Indian Banks’ Association (IBA) on removing entire […]
Ecommerce policy may take cue from US to curb online counterfeits
The upcoming e-commerce policy will make it tougher for sellers to peddle fakes online. The policy, likely to be out in March, will detail a plan of action for consumers and companies to deal with counterfeit products sold online. The Department for Promotion of Industry and Internal Trade (DPIIT) is looking at various ways through […]