An Indian retail group has asked a court to allow the restart of an antitrust investigation into Amazon and a Walmart unit that is on hold following a legal challenge by the companies, a court filing seen by Reuters showed. Amazon and Walmart’s unit Flipkart did not immediately respond to a request for comment on […]
Archives for 2020
Airbnb secures $1 billion investment from Silver Lake, Sixth Street
Airbnb said on Monday private equity firms Silver Lake and Sixth Street Partners will invest $1 billion in the U.S. home rental company, bolstering its finances at a time when the coronavirus outbreak has roiled the travel and leisure industry. The investment, which was mixture of debt and equity, raises Airbnb’s cash reserves to around […]
Amazon pumps Rs 284 crore into food retail unit
Amazon has pumped in Rs 284 crore in Amazon Retail, the unit which sells grocery and food items on the India marketplace, according to regulatory documents sourced from business intelligence platform Tofler. This comes at a time when Amazon India is only selling essentials due to the lockdown restrictions and is witnessing high demand for […]
Internet emerges as biggest infotainment source for consumers amid nationwide lockdown
Online has become the new highway for Indians as growing concerns over coronavirus and the subsequent lockdown order restricted people at home, making smartphones, laptops and televisions only ways to access the outside world, including office. According to data collated by various agencies and i-exchanges, internet has emerged as the biggest source for information and […]
SC issues guidelines for courts to switch to videoconferencing during Covid-19 pandemic
The Supreme Court on Monday directed all district courts in the country to switch to video proceedings and authorised presiding officers to adjourn the proceedings if measures to control crowding in court rooms fail. A three-judge bench of Chief Justice SA Bobde and justices DY Chandrachud and L Nageswara Rao said courts should restrict entry […]
Remove videos spreading Covid-19 lies: Govt to social media platforms
(Representative Image) The government has written to social media platforms TikTok, Helo and Facebook asking them to remove videos circulating on their platforms that allegedly seek to influence Muslims against following Covid-19 containment measures, top officials said. The government action follows a report submitted to the Ministry of Home Affairs last week by open-source intelligence […]
How social media flipped from utopia to dystopia
How social media flipped from utopia to dystopia Length: 7:07 | Apr 6, 2020 If you use social media and the internet–and almost everyone does these days–you have to learn to take the bad with the good.
Government VPN Servers Targeted in Zero-Day Attack
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New York City may have to bury coronavirus victims on public lands as deaths overwhelm mortuaries
Medical workers remove a body from a refrigerated truck outside of the Brooklyn Hospital on March 31, 2020 in New York City. Stephanie Keith | Getty Images New York City is preparing to bury dead COVID-19 patients in temporary plots on public land until the city’s morgues and cemeteries can catch up to the rapidly […]
Oil falls after Saudi Arabia, Russia delay meeting
NEW YORK (Reuters) – Oil prices slumped on Monday, pulling back from last week’s gains after Saudi Arabia and Russia delayed a meeting of oil producers aimed at resolving growing worldwide oversupply as the coronavirus pandemic pummels demand. The global oil market rebounded last week after sources at the Organization of the Petroleum Exporting Countries […]