India’s digital payments ecosystem is gearing up to offer contactless payments for commuters as metro and local rail services reopen in phases across the country. Top digital payment companies, payment gateways, device manufacturers and banks are seeking partnership opportunities to scale and testing new contactless technologies to offer such services and gain share in the […]

Gurugram-based drone delivery startup TechEagle has partnered with Ethiopian ecommerce marketplace Addis Mercato to deliver healthcare products and essentials using drones in the African nation’s urban and suburban areas. The partnership is the first commercial drone delivery service in Ethiopia, the companies said, and the inaugural test flights are likely to be conducted within the […]

Paytm Mall has sent a legal notice threatening to initiate defamation proceedings against cybersecurity startup Cyble Inc for a report that the US-based firm published last month about an alleged cybersecurity breach of its database. The ‘seize and desist’ notice gives Cyble seven days to make public clarifications regarding the report, which Paytm claims is […]

By Lucas Shaw About three years ago, Reed Hastings set out to answer a question that had bedeviled Hollywood for the past decade: How did a small DVD-by-mail company build the most popular TV service in the world? Hastings, the co-founder and chief executive officer of Netflix, was never fond of revisiting his past. “There’s […]

Online content providers including Netflix, Amazon Prime Video, Disney Hotstar and 12 others have adopted the ‘Universal Self-Regulation Code for OCCPs’, under which the players will set up structured grievance redressal and escalation mechanism for users, internet industry body IAMAI on Friday said. Internet and Mobile Association of India (IAMAI), in a statement, said the […]

US-based office space provider WeWork Global has bought 20% stake in WeWork India, a fully-owned subsidiary of Bengaluru-based estate developer Embassy Group, for $100 million as the company looks to scale up India operations over the next 36 months. Embassy Group had 100% rights over WeWork India, which is an independent entity with the right […]

Gaurav Ajmera, global head of revenue management, and Burhanuddin Pithawala, global head of marketing and growth at Oyo Hotels & Homes have quit the company. Oyo announced changes in its marketing and revenue vertical in an internal note to employees on Friday. In a separate blog post, the company stated employees on its leave with […]

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 […]

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 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 […]