Highlights: Amazon, Apple, Facebook and Google CEOs grilled at US Congress hearing over their market power
Congressional lawmakers finally go...
Facebook to engage external auditors to validate its content review report
Social media giant Facebook has said it will engage with external ...
Facebook to get rights to show music videos
Bloomberg reported in December that Facebook was looking to acquire rights to music videos from m...
Digital bug in Bharat: India Inc looks at marketing campaigns via Facebook, Microsoft Teams
Marketing campaigns in rural India has come a long way. Today, corporates like Mahindra Agri, L&T Finance, Hero, Marico, Maruti Suzuki and others have put in place well-defined strategies and the role of the mobile has been increasing significantly.
The pertinent question of the hour: How fair are practices of tech giants in India?
Investors and entrepreneurs agree that while India needs to attract more foreign investment, it also has to build a clearer regulatory system to safeguard national interest - a system that strikes a balance between the needs of nurturing local businesses and making India attractive to investors from abroad.
India seeks to limit Facebook, Amazon, Google dominance over online data
The document named U.S. giants Facebook Inc., Amazon.com Inc., Uber Technologies Inc. and Alphabet Inc.’s Google as the beneficiaries of first-mover advantages and network effects that have “left many new entrants and start-ups being squeezed and faced with significant entry barriers.”
Apple, Amazon and Google are all bulletproof, nothing in this world can challenge them
Tackling companies with combined annual revenue of $782 billion, more than the gross domestic product of Switzerland, is a huge challenge, meaning competition authorities benefit from the work that’s already been done elsewhere.
India data-curb plan 'anathema', U.S. tech giants plan pushback
A USIBC spokeswoman had no comment on the draft letter. The U.S. Chamber of Commerce didn't respond to Reuters queries.
Facebook set to expand WhatsApp's commerce partnerships in India, then take it global
In April, Facebook announced investments of $ $5.7 billion in Jio Platforms Limited, part of Reliance Industries Limited, making Facebook its largest minority shareholder. The deal with Jio allowed WhatsApp's integration with JioMart to enable people to connect with businesses, shop and ultimately purchase products in a seamless mobile experience.
Facebook, Google bet on Jio pact to tap into opportunities in India; plan to take solutions global
Facebook CEO Mark Zuckerberg said the partnership "will be to wire up and get thousands of kiranas, small businesses across India, onboarded onto WhatsApp to do commerce there". In the investor call of Alphabet, its chief Sundar Pichai said the company has announced a 'Google for India' Digitisation Fund to help Indian Internet users.
Facebook hires three new directors for India
Manohar Hotchandani joins Facebook as director, business development and will be working across multiple opportunities in India, with a focus on growing gaming, commerce, AR/VR, Facebook said.
Urban India shows massive jump in video on demand consumption
Out of 294 million video users, 62 million have access to paid content OTT, while 278 million watch ad-supported free content.
Facebook fails to appease organizers of ad boycott
Rivals like Twitter and Snap have moved to label or play down untruthful or incendiary posts from Trump on their platforms, but Facebook has resisted labeling his posts as hate speech or taking them down. Zuckerberg has defended the hands-off approach by stressing the importance of free speech and arguing that Facebook is not an arbiter of posts.
Google, Facebook's Jio investments to open access door to the largest open internet market
According to experts, while Facebook’s WhatsApp will drive payments for Reliance’s retail initiatives, Google will build an affordable Android smartphone which may allow close to 350 million people to get a taste of the Internet for the first time. They are also of the view that three companies have complementary offerings.