Image credit: REUTERS/Jeenah Moon Two shareholder lawsuits filed this week accused the board of Google parent Alphabet of playing a direct role in covering up sexual misconduct claims against two former executives over the last five years. The company declined to comment. Both of the lawsuits seek to force Google to change its governance and […]
India must stop providing immunities to social media giants it doesn’t provide its own traditional media
By Prashant Reddy, Vidhi Centre for Legal Policy The recent criticism directed towards the proposed amendments to the Information Technology (Intermediaries Guidelines) Rules 2018 has, once again, put the issue of legal immunities for social media tech giants operating in this country in the spotlight. Simply put, the existing rules, drafted under Section 79 of […]
Tech, advertising companies join hands to curb pesky ads, spam
Pop-up ads, spam content requesting likes, comments and shares, auto-play video ads with sound, ads with countdown, full-screen scroll-overs and ads featuring suggestive content could soon be a thing of the past for some of the world’s largest advertising stakeholders such as Facebook, Google, Unilever, GroupM, Microsoft and Publicis Groupe. All are members of Coalition […]
Amazon Pay gets another Rs 300 crore from parent entity
Digital payments company Amazon Pay has received Rs 300 crore in fresh funding from its e-commerce parent entity Amazon, according to filings with the Register of Companies accessed by ET. The latest funds come after four previous capital infusions in 2018, amounting to Rs 1,250 crore. The new investment comes in the wake of increased […]
Social media giants plan push-back on India’s new regulations: Sources
Global social media and technology giants are gearing up to fight sweeping new rules proposed by the Indian government that would require them to actively regulate content in one of the world’s biggest Internet markets, sources close to the matter told Reuters. The rules, proposed by the Information Technology ministry on Christmas Eve, would compel […]
After Paytm, Amazon starts physical KYC verification
Deep-pocketed financial technology players are setting up physical infrastructure to provide know-your-customer (KYC) services for users, following the Supreme Court verdict restricting Aadhaar usage by private entities. Paytm has done it: It put a number of executives on-ground to nudge users to complete their KYC process after the verdict. Now, Amazon has started rolling out […]
Real marker for a business is the money it makes: Snapdeal’s Kunal Bahl
By Kunal Bahl, Snapdeal Last month, during a dinner with business leaders from traditional sectors like cement, textiles, hospitality, etc, the discussion veered towards the soaring losses of digital businesses and whether this was on account of “spray & pray” optimism about a fortune to be made down the road. In the preceding weeks, a […]
Research Firm Ranks 9 Cloud Management Platforms
News Research Firm Ranks 9 Cloud Management Platforms By David Ramel 01/10/2019 Research firm Gartner Inc. published a new report on cloud management platforms, listing Flexera (RightScale), Scalr, Embotics and Morpheus Data in the “leaders” category. “CMPs enable organizations to manage multicloud (i.e., private and public cloud) services and resources,” the report says. “This includes […]
Reliance Jio takes first big step into fintech, enters PoS business
Fintech seems to be the next segment that Mukesh Ambani’s Reliance is aiming to disrupt. Payments bank was just the start. After acquiring over 200 million subscriber base, Reliance Jio is now eyeing the merchant community by entering the point-of-sale (PoS) segment. If an industry source is to be believed then the company has already […]
Indian elections top priority for Zuckerberg and Facebook: Katie Harbath
With just four months to go for general elections, Facebook is looking to “ramp up its integrity efforts” in India. This will include “imminent appointment of key personnel, increased advertising transparency, and implementing its learnings from the recently concluded elections in Brazil, the United States (Congress and Senate midterms), Bangladesh, and India (state elections). In […]