By Pavel Alpeyev and Takahiko HyugaOyo Hotels, one of the largest startups in SoftBank Group’s portfolio, is promising cash to hotels in Japan that join its platform as bookings plunge in the coronavirus-stricken country. The Indian startup, looking to get more hotels into its network and expand its reach, will pay new members a lump […]

Apple India is shutting down its four sales offices in India and the development centre for maps in Hyderabad as part of the global step which the iPhone maker has taken to prevent the spread of the Coronavirus amongst its employees and associates. As per two industry executives aware of the plans, over 5,000 employees […]

Apple on Friday moved its annual developers conference in San Jose, California, in June entirely online, citing the “current health situation.” Apple is the latest largest technology company to cancel or move its software developer conference online. Facebook , Microsoft and Alphabet’s Google all previously did so. Apple’s annual conference typically attracts more than 5,000 […]

A Gurgaon court has restrained Club Factory and one of its employees from sharing, divulging, using or utilising Snapdeal‘s trade secrets, financial data and confidential information. Civil Judge Suyasha Jawa also directed Club Factory and its employee, who earlier worked for Snapdeal, to refrain from using Snapdeal’s trade secrets in approaching, contacting, soliciting, enticing, inducing […]

The year 2019 was an important one for the growth of digital payments in India. In October, Unified Payments Interface (UPI), the country’s instant payment system, clocked up over 1 billion transactions for the first time. Since then, it has done so every month. Its growing popularity has benefited home-grown startups such as Paytm and […]

Netflix is reportedly testing a new introductory offer whereby subscribers need to pay only Rs 5 for the first month. Old users will not be able to avail this offer. An obvious attempt to entice new users into taking out a subscription, Netflix, rolled out this plan to some users on February 21. The company […]

Vijay Shekhar Sharma Digitial payment giant Paytm expects to turn profitable after two years as it is monetising the existing customer base and eyes financial services as its next major frontier for growth, its founder CEO Vijay Shekhar Sharma said. Noida-based firm, which had an astonishing rise after infamous demonetisation in 2016, is betting on […]

E-commerce companies have sought more time to implement a government proposal to levy a new tax, although they have, in principle, agreed to its imposition. The ecommerce entities, including Amazon.com and Walmart-owned homegrown etailer Flipkart, have said they need time to upgrade IT systems in order to enable them to collect the 1% tax deduction […]

The government has asked social media platforms TikTok, YouTube, Twitter, Facebook and ShareChat to take down videos of what is known as the ‘skull breaker’ challenge, which has resulted in serious head injuries among students across the globe. The social media challenge, popularised first on short video app TikTok, starts with three people standing alongside […]

Manas Saloi is obsessed with productivity. “I’m always trying to make the most of my time,” says the 28-year-old from Bengaluru over a WhatsApp call, while pacing up and down his room to keep the step count going. A product manager at the tech company Gojek, his work requires him to create a goal-setting framework […]