Facebook said on Wednesday that growth would continue to slow as its business matured and it reported a surge in quarterly expenses, disappointing Wall Street expectations that the costs of improving privacy would level off. The news raised concerns that Facebook’s days of astronomical growth were firmly in the rearview mirror, and shares of the […]

So far a domain of online aggregators such as Zomato, Swiggy and smaller caterers and restaurants, the cloud kitchen business is set to heat up in the coming months with big retailers and restaurants operators planning to enter the segment. India’s largest quick-service chain Jubilant FoodWorks, which operates Domino’s Pizza and Dunkin Donuts in India, […]

Illustration: Rahul Awasthi “I started with SMS jokes when I was in school, back in 2010. We used to post them as status messages on our Facebook pages. Then, in 2012, we began our meme page The BACK Benchers,” says Muhammed Aqib T P who runs a Facebook page that has over 4 million followers. […]

EBay forecast first-quarter revenue below analysts’ estimates on Tuesday, as the e-commerce company faces fierce competition from Amazon and Walmart. “The relative growth rates of eBay’s business versus Walmart’s e-commerce efforts suggests eBay is losing market share to Walmart in the category,” D.A. Davidson analyst Tom Forte said. Facing stiff competition in its marketplace business, […]

The Facebook logo is seen on a screen in this picture illustration taken December 2, 2019. REUTERS/Johanna Geron/Illustration Facebook recommended rules on Tuesday for how its independent oversight board will work and said a former human rights group director will lead the board’s administrative staff. The content appeals board, which will grow to about 40 […]

Google on Wednesday announced a $1 million grant for global non-profit organization Internews that will launch a new initiative to promote news literacy among the Indian public. The funding is part of Google.org’s broader, $10 million commitment to media literacy, in collaboration with the Google News Initiative (GNI), the company said in a statement. Internews […]

Banks have decided that they will not charge a part of the fees on Unified Payments Interface (UPI) and RuPay card transactions as long as the merchant discount rate (MDR) remains zero following the government announcement, three people aware of the matter said. After a letter from the Indian Banks’ Association (IBA) on removing entire […]

The upcoming e-commerce policy will make it tougher for sellers to peddle fakes online. The policy, likely to be out in March, will detail a plan of action for consumers and companies to deal with counterfeit products sold online. The Department for Promotion of Industry and Internal Trade (DPIIT) is looking at various ways through […]

ETMONEY has launched a solution that will allow users to save Rs 78,000 in tax this fiscal year, according to an announcement. It will enable tax payers to choose from a combination of tax-saving mutual funds, the National Pension System (NPS) and life and health insurance products. The Times Internet-backed app will customise a solution […]

Facebook said a new tool allowing users of the social network to view and delete data it collects from third parties is rolling out to the estimated two billion members of the leading social network worldwide. The new feature, part of a stepped-up effort to improve privacy practices, allows users to see and clear “off […]