Flipkart, the world’s largest e-commerce company, has diversified its ecosystem this year with the acquisitions of online travel agency Cleartrip and e-pharmacy marketplace Sastasundar. The Walmart-owned company is on the verge of making another acquisition. According to three people familiar with the matter, Flipkart is in talks to acquire full-stack e-commerce enabler ANS Commerce. ANS Commerce is a full-stack e-commerce enabler that assists brands in selling their products online. It provides brand store technology, marketing, management, warehousing, and fulfilment services. The Gurugram-based startup, founded by Amit Monga, Vibhor Sahare, Sushant…
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Business
Google CEO Sundar Pichai is likely to be questioned in an incognito mode privacy lawsuit for up to two hours.
Google CEO Sundar Pichai will likely be questioned for up to two hours in an incognito mode privacy lawsuit. In a court filing earlier this year, the plaintiffs stated that Pichai was warned about problems with Google’s incognito browsing mode in 2019, but he chose to ignore the warnings because he did not want the feature to come under scrutiny. According to the most recent filing, the plaintiffs are now arguing that Pichai has unique, personal knowledge of Chrome browser issues and privacy concerns. According to Google spokesman Jose Castaneda,…
Read MoreRussian court fined Google 7.2 million roubles
A Moscow court fined Google 7.2 billion roubles ($98 million; £73 million) for failing to delete content deemed illegal in Russia on multiple occasions.The offending content was not specified in the court’s press service announcement. This is the first time in Russia that a technology behemoth has been fined based on its annual revenue.Google told the AFP news agency that it would study the court decision before taking any further action. Russian authorities have increased their pressure on technology companies this year, accusing them of not properly moderating their content…
Read MoreCES 2022 will go on as per the schedule
Google, Microsoft, and other major technology companies have withdrawn from the CES 2022. The association, on the other hand, is unfazed by the absence of major attendees; the team as a whole has no plans to cancel the event or host it virtually. Previously, tech companies such as Twitter, Amazon, and Pinterest had withdrawn from the event due to Omicron concerns. “After reviewing the latest data on the rapidly evolving COVID environment, Microsoft has decided not to participate in-person at CES 2022,” a company spokesperson told the Verge. The company…
Read MoreSwiggy to lead a funding round worth $2 Mn in rapido
Swiggy is not known for making large strategic bets, but that is about to change as the SoftBank-backed company prepares to invest in Rapido, a bike taxi company. Swiggy and Rapido have been in talks for a potential deal for several months, according to three people familiar with the details of the transaction. “The terms of the deal have been finalised wherein Swiggy would lead a $200 million round in Rapido. It’s likely to invest around $100 million whereas the remaining $100 million would come from new and existing investors,”…
Read MoreDoT directs telcos to keep data and call records at least for two years
The Department of Telecom (DoT) has requested that telecom companies and internet service providers (ISPs) keep commercial and call detail records for at least two years, citing security concerns. According to reports, the amendment to the Unified License Agreement was made in response to requests from security agencies. Previously, subscribers’ call data and internet usage records were archived for one year. The licence amendments were issued on December 21 and were extended to other types of telecom permits on December 22. “The licensee shall maintain all commercial records/call detail record/exchange…
Read MoreHuawei Smart Glasses with detachable front frame
Huawei has developed a new smart glasses called ‘Huawei Smart Glasses’ in China, with a removable front frame design. Classic frame, Stylish pilot, and Retro round frame are the three classic frame options available for the smart glass. It’s also available in a variety of bright frames. The new Huawei smart glasses are the first to feature HarmonyOS. According to GizmoChina, the glasses offer simultaneous connection of two devices, one-key switching of numerous devices, and visible smart connectivity. They have powerful 128mm speakers and microphones for hands-free access to Huawei’s…
Read MoreHyundai will present robotic based mobility vision at CES tech event
Hyundai revealed on Thursday that it would showcase its future mobility vision based on robotics technologies at an upcoming international consumer electronics convention in the United States, underscoring its push to become an advanced mobility service provider. Hyundai Motor will exhibit its vision of how robotics might revolutionize the role and mode of transportation in the future during the Consumer Electronics Show (CES), which will be held in Las Vegas from January 5-8, under the theme “Expanding Human Reach,” the carmaker said in a statement. Robotics as a medium that…
Read MoreBig companies will not attend CES 2022
Facebook, Twitter, Amazon, and Pinterest have withdrawn from the Consumer Electronics Show 2022. Amazon, Facebook, and Twitter have all issued separate statements stating that they will not be attending the CES 2022, which will be held in Las Vegas in January. For not attending the Electronics show, the companies cited growing concerns about the new Omicron variant. “Out of an abundance of caution and care for our employees, we won’t be attending CES in-person due to the evolving public health concerns related to COVID-19,” Meta was quoted as saying by…
Read MoreSnapdeal plans to raise ₹1250 crore through the sale of new shares
Snapdeal Ltd., an Indian e-commerce startup backed by SoftBank Group Corp., has filed preliminary documents for an initial public offering, joining the rush of tech companies looking to debut on the country’s exchanges in the midst of a record-breaking stock market rally. According to its proposal red herring prospectus, or DRHP, filed with the Securities and Exchange Board of India, the New Delhi-based company intends to raise 1250 crore ($165 million) through the sale of new shares. Furthermore, existing stockholders, including SoftBank, intend to sell up to 30.77 million secondary…
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