Google, Walmart help drive India payments past 1 billion transactions
Indian digital payments took off when the govt pushed demonetization in 2016, invalidating most of the country’s high-value currency notes in to curb corruption and push Indians away from cash. UPI has now surpassed a 100 million users 3.5 years after its launch, thanks to booming smartphone use and wireless data rates among the lowest in the world.
Ambani readies India’s Alibaba with $24 billion holding firm
Ambani will set up a $24-bn holding firm that would become the main vehicle for ...
How online shopping boom has created a new sector of employment
Customers using apps for shopping has meant shifting dynamics in jobs at the ...
Prime Power: How Amazon squeezes the businesses behind its store
Amazon has transformed delivery into an expectation of modern life, here's what goes on behind the scenes.
From retail to robotics, Jeff Bezos is betting big on technology
Amazon, led by a man who is always pulling new rabbits out of his hat, could soon disrupt on a mammoth scale.
Amazon Audible Suno sees a winning story
Audible Suno is a newly launched app by Amazon’s audiobook company Audible which is set to roll out an audio series across a plethora of genres, helmed by entertainers such as Amitabh Bachchan, Anurag Kashyap, Nawazuddin Siddiqui, Tabu, Neena Gupta and Vir Das. The app is free and comes without ads for now unlike its parent’s subscription.
Questions for 2020: Ecommerce gets caught up in rules?
Hopes of a stable policy framework had gained ground in June, when commerce minister Piyush Goyal said India would have a comprehensive ecommerce policy within a year.
Baidu CEO is talent shopping in India
Baidu is trying hard to diversify into AI tech from its Chinese-language search engine, as it falls behind the other two in the global technology race. Last year, Baidu posted its first loss since going public almost 15 years ago, as the Chinese tech group saw its ad business hit by a slowing domestic economy.
Amazon may be watching your cloud cam footage
An Amazon team also transcribes and annotates commands recorded in customers’ homes by the company’s Alexa digital assistant, Bloomberg reported in April.
Alexa, tell the kids to‘eat right’: FSSAI
Food regulator FSSAI ties up with Amazon’s virtual assistant, Alexa to promote healthy eating habits in children. “A key constituent of the ‘eat right’ campaign is towards children and to address this audience, there are a number of interventions that are based on pulling in these young minds, rather than pushing out content,” said FSSAI CEO
Amazon Echo Input Portable with 4,800 mAh battery launched in India at Rs 4,999
The new Echo Input also features multiple layers of privacy controls.
Amazon teams up with Onida, will soon unveil Fire TV edition smart devices in India
The Fire TV edition smart TVs were first introduced by Amazon in 2018 in the US and Canada.
Government wants to pay for data, but companies not buying idea
Official says acquisition details of non-personal, anonymous data will be made public; cos raise privacy, IPR concerns. Currently, a separate committee, set up to suggest a framework around non-personal data and led by Infosys co-founder S. (Kris) Gopalakrishnan, is due to lay out terms for sharing of non-personal data between companies.
Asian video streaming service Viu tunes out of India
“It was sudden,” said one of the executives. “We were told that in the current scheme of things, India requires heavy investments, to the tune of hundreds of millions, which the company doesn’t have. Arun also said that we would rather invest in other Asian countries where we are among top 5, rather than in India, where we are at 13-14th place.”
Nasdaq caps a $7 trillion decade with its best rally In 10 years
Tech stocks have been able to rally to records even as they were beset by bad news.
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