Splco emerging trend in bilingual online media
The Delhi High Court on Monday refused to restrain Jeff Bezos-led Amazon from interfering in Kishore Biyani-headed Future Retail’s $3.4 billion deal with Mukesh Ambani-owned Reliance Retail by writing to statutory authorities. The order was pronounced by a Single Judge Bench of Justice Mukta Gupta in the suit by Future Retail Ltd after an Emergency Read More…
BlackBerry shares soar in wake of Amazon deal to develop vehicle data platform BlackBerry’s headquarters in Waterloo, Ontario . is shown on Wednesday June 22 , 2016. Shares in BlackBerry Ltd. soared in the wake of deal with Amazon Web Services to develop and market BlackBerry’s intelligent vehicle data platform, IVY. Both companies Read More…
Amazon Web Services (AWS) which is the Cloud arm of the commerce giant suffered a huge outage in the US region late on Wednesday affecting several websites and apps and the recovery took a couple of hours. Several apps and services posted on Twitter that they were experiencing problems with the AWS services. Read More…
Bjp led centre government on Wednesday issued an order bringing online films, audio-visual programmes and online news and current affairs content under the Ministry of Information and Broadcasting. In a notice, Cabinet Secretariat stated, “In exercise of powers conferred by clause (3) of Article 77 of the Constitution, the President hereby makes the following Read More…
Future Group selling retail business to Reliance Industries Ltd for Rs 24,713 crore after a Singapore based single judge arbitration panel put the deal on hold. Amazon, which had agreed to purchase 49 per cent of one of Future’s unlisted firms last year with the right to buy into flagship Future Retail Ltd after Read More…
The CEOs of four of America’s largest tech firms will testify before US Congress on Wednesday in a hearing that promises a healthy dose of political theater, while also offering a window into the thinking of lawmakers trying to rein in Big Tech. Facebook Inc’s Mark Zuckerberg, Amazon.com Inc’s Jeff Bezos, Alphabet Inc-owned Google’s Read More…
E-commerce giants Amazon and Alibaba-backed BigBasket have got the approval to deliver liquor in West Bengal Online grocery platform BigBasket said this will be the company’s first foray into the country’s liquor delivery segment. The clearance also signals Amazon’s entry into the space, likely for the first time in India. State-owned West Bengal State Read More…
US tech giant Facebook announced that it would invest Rs 43,547 crore ($5.7 billion) in RIL’s wholly-owned subsidiary Jio Platforms to expand its presence in India. Facebook’s investment translates into 9.9 per cent stake in Jio. This would be Facebook’s biggest minority shareholding ever. This is also the largest foreign direct investment for minority Read More…
Nearly 40 state attorneys general are set to join probe against Facebook’s anti-competitive business practices. They met officials from the Justice Department and Federal Trade Commission (FTC) in Washington, DC, on Monday, reports Market Watch. “We held bipartisan conversations with attorneys general from around the country and key officials at both the US Read More…
A complaint was lodged with the Aslali police station on Tuesday after Rs 1.76 lakh worth mobiles from the warehouse of the company which were supposed to be delivered to customers were not delivered The complaint was lodged by Shankar Garamsingh, 23, a resident of Delhi who works with the Amazon Transportation service PTV Ltd. Read More…
