Representative image Swiggy has started online processing and home delivery of alcohol through the ‘Wine Shops’ category in West Bengal, days after launching its service in Jharkhand and Odisha. The service went live in Kolkata and Siliguri today after obtaining necessary approvals from the West Bengal government. Prioritizing the safe delivery of alcohol, Swiggy is […]
Video streaming drives demand for stock footage amid lockdown & shooting constraints
Illustration: Rahul Awasthi Video streaming platforms such as Amazon Prime Video, Netflix, Hotstar and Zee5 are driving demand for stock footage amid shooting constraints due to the nationwide lockdown, companies and industry executives said. Stock footage refers to movie or video snippets that can be re-used in new productions when shooting material is not available […]
Snapchat curbs Trump for inciting ‘racial violence’
Snapchat on Wednesday became the latest social network moving to curb the reach of US President Donald Trump, claiming the president has been inciting “racial violence.” The youth-focused social network said it would no longer promote Trump on its Discover platform for recommended content. “We will not amplify voices who incite racial violence and injustice […]
Edtech companies on a massive hiring spree as business grows
The Covid-19 pandemic and the resultant lockdown have provided an unexpected boost to education-technology companies. Many of them are on a hiring spree to manage their fast-growing businesses. There are currently around 12,000 active openings for permanent job roles across levels at leading edtech companies, according to an estimate put together for ET by ManpowerGroup. […]
View: Why combating music piracy in India is a losing battle
By Blaise Fernandes, IMI Liberal democracies like Australia, Britain and the US have, on an average, around 4% of GDP contribution from the media and entertainment (M&E) sector. In India, M&E contributes just about 1%. Given the fragmented nature of the M&E sector, data is hard to come by. But the music industry is estimated […]
ETtech Top 5: Chinese smartphones, coming back to work, IT spends to fall & more
Happy Wednesday! Countries across the globe are miffed with China for its alleged role in hiding critical information that could have prevented the Covid-19 pandemic. For many Indians, the sentiment was fanned further more recently by the face-off between the Indian and Chinese armies in Ladakh, leading to calls for a boycott of products made […]
Warner Music’s upsized IPO raises $1.9 billion in biggest US listing this year
Warner Music Group, the world’s third-largest recording label, said on Wednesday its upsized initial public offering raised $1.93 billion in the biggest U.S. listing so far in 2020. The company increased the offering to 77 million class A shares at $25 per share, valuing it at $12.75 billion. It had initially proposed to offer 70 […]
Adobe hires Nitin Singhal to head India Digital Experience business
Software major Adobe has appointed Salesforce senior executive Nitin Singhal as its Head of Digital Experience Business for India. Singhal will lead Adobe’s Digital Experience business across the country and would report to Ben Goodman, Head of Digital Experience, APAC, Adobe. “Singhal is an experienced leader touted for leading high performance teams, transforming technology businesses […]
Pepsi signs on man-of-the-moment Sonu Sood for Instagram campaign
Beverage maker PepsiCo signed actor and Bollywood man-of-the-moment Sonu Sood for a one-off Instagram campaign that centres around contactless greetings and encourages people to adhere to physical-distancing norms. Sood, who’s been helping thousands of migrants return home during the Covid-19 crisis, has 3.2 million Instagram followers. The campaign may be taken to other platforms but […]
Facebook signs a global licensing deal with music label Saregama
Facebook has struck a global licensing deal with Saregama to bolster the library of its music products across its flagship social networking platform and Instagram. While the terms of the deal were not disclosed, this partnership will allow users to add the label’s music across various formats like videos, stories via music stickers, and other […]