Video game maker Activision Blizzard is laying off nearly 800 workers as the company braces for a steep downturn in revenue following the best year in its history. The cutbacks announced Tuesday illustrate the boom-and-bust cycles in an industry whose fortunes are tied to video games that can have a relatively short lives before players […]

Microsoft-owned professional networking platform LinkedIn is launching a live video feature on its app to enable users to broadcast real-time videos. The beta version of “LinkedIn Live” is first launching as an invite-only feature in the US, and it remains unclear if and by when would the feature be available for everyone to create LinkedIn […]

An Indian parliamentary panel’s summons to representatives of Twitter, including CEO Jack Dorsey, is unlikely to hurt the social media platform’s advertising and marketing revenue, experts said. Companies have not yet expressed any concerns over advertising and promotions on the platform, they said. However, repeated and sustained pressure from the panel or government authorities may […]

By Prashant Reddy,Vidhi Centre for Legal Policy Twitter’s management has reportedly declined an invitation by the parliamentary department-related standing committee (DRSC) on information technology to discuss the issue of ‘safeguarding citizens’ rights on social/online news media platforms’. Many commentators have been backing Twitter. They see the social media company’s behaviour as a ‘snub’ to the […]

The rejig of FDI guidelines for e-commerce marketplaces forced players such as Flipkart and Amazon to restructure their affiliations with sellers and brands. According to a survey of over 10,500 customers from over 60 cities, 50% of shoppers said they felt discounts offered by online marketplaces had come down post the change on February 1. […]

Amazon has reduced its commission charges as it looks to shore up sales from independent sellers and increase the number of vendors on its platform in a quest to promote itself as a friendly marketplace. The commission has been cut by about 35% for prominent fashion sellers and by more than 50% on certain FMCG […]

The Reserve Bank of India’s intention to regulate payment gateway service providers has received a mixed response from industry players, with some welcoming the move and others cautioning that close regulatory scrutiny may cause operational challenges and stifle innovation. The central bank had last week announced it will release a white paper for discussion and […]

Facebook has tapped former journalist Natasha Jog as its election integrity lead for India, according to multiple persons aware of the development, thereby bringing an end to a search process that began nearly four months ago. The New Delhi-based Jog will report to Katie Harbath, Facebook’s public policy director, global elections. Harbath is based out […]

Online food ordering and delivery service Swiggy is foraying into on-demand product deliveries with the launch of its newest offering Swiggy Stores. At launch, Swiggy claims it will deliver products from offline stores across various categories like fruits and vegetables, kiranas and supermarkets, florists, baby care, health and supplements, pet care stores, meat stores, and […]

Online food ordering and delivery service Swiggy is foraying into on-demand product deliveries with the launch of its newest offering Swiggy Stores. At launch, Swiggy claims it will deliver products from offline stores across various categories like fruits and vegetables, kiranas and supermarkets, florists, baby care, health and supplements, pet care stores, meat stores, and […]