Spotify said on Friday it would pause selling political advertisements on its music streaming platform in early 2020. The world’s most popular paid music streaming service, with nearly 141 million users tuning into its ad-supported platform in October, said the pause would extend to Spotify original and exclusive podcasts as well. The move, which was […]
Google faces backlash for removing cryptocurrency videos from YouTube
US-based technology behemoth Google has faced backlash from the cryptocurrency trading community for removing — and later reinstating — hundreds of cryptocurrency videos from its video-sharing platform YouTube in the last three days, and for suspending a cryptocurrency wallet application from its Android marketplace, Google Play, last week. Traders, startup founders and enthusiasts questioned Google’s […]
Mobile internet restored in Kargil after 145 days
The administration of the newly formed Union Territory of Ladakh on Friday resumed mobile Internet services in Kargil district 145 days after the passage of J&K Reorganisation Bill on August 5. The residents of Kargil welcomed the government’s decision but questioned the four month long Internet ban in this border town, where no untoward incident […]
New year parties may give latest Bollywood hits a miss
Partygoing types hoping to welcome 2020 to the accompaniment of Lamberghini, Saki Saki or even Aankh Maare could end up being disappointed. Many Indian clubs and hotels may not be playing the latest Bollywood chartbusters because party organisers grouse that up to four different agencies need to be paid for performance rights and that the […]
Temasek-backed fitness app ClassPass eyes $1 billion valuation in new funding round
Fitness subscription app ClassPass is seeking to raise $285 million in a new funding round, which could push the Temasek and Alphabet backed startup’s valuation to over $1 billion. The company will issue 22.7 million ‘Series E’ shares as part of the funding round, according to a securities filing obtained by Reuters from analytics firm […]
Aadhaar enrollment touches the 125 crore mark
Enrollment in the Aadhaar project has crossed the 125 crore mark, close to ten years after its launch. The unique identification authority of India (UIDAI) which administers the Aadhaar project has said in a statement “The achievement comes along with the rapidly increasing use of Aadhaar as the primary identity document by the Aadhaar holders.” […]
Vistara to soon launch in-flight Wifi services: Telecom Secretary
Tata-Singapore Airlines owned Vistara is likely to become the first domestic airline to launch in-flight Wifi connectivity services. According to a top government official, Vistara has tied up with NELCO – a group Tata which is a VSAT solutions provider — for the VSAT link and the airline has also been allocated spectrum from the […]
Internet cut in parts of UP ahead of Friday prayers
The Uttar Pradesh government suspended Internet services in “sensitive” districts and beefed up security deployment ahead of Friday prayers, a week after violence erupted over the Citizenship (Amendment) Act and National Register of Citizens (NRC) in parts of the state. Internet connectivity has been snapped in districts including Agra, Bulandshahr, Bijnor, Mathura, Saharanpur, Firozabad, Ghaziabad, […]
Quikr India’s income up 48% to Rs 201.5 cr, Losses decline too
Quikr India‘s total income for the 2019 fiscal year rose 48% to Rs 201.5 crore, with losses down marginally to Rs 228.8 crore, regulatory filings showed. Net revenue from operations rose 75% to Rs 191 crore, while the company’s cash balance at the end of the fiscal year stood at Rs 87 crore. The company […]
Indians consumed less groceries but shelled out more
India’s grocery consumption basket shrank by an average 5 kg per household in the 12 months ended September from the year earlier, although they spent slightly more overall. Consumers shopped more often but bought less each time, spreading their budgets to ease the financial pinch amid the slowdown, according to a study by Kantar Worldpanel, […]