Category: Technology
Byju Raveendran: Byju’s ED probe: Byju Raveendran tells staff all cross-border transactions duly vetted
[ad_1] In the backdrop of an investigation by India’s federal financial probe agency Directorate of Enforcement (ED), edtech startup Byju’s founder and chief executive Byju Raveendran wrote to the company’s employees saying all of its cross-border transactions have been duly vetted by professional advisors and counsels. ET has reviewed a copy of the email sent ...
twitter: Twitter accounts of news outlets ANI and NDTV suspended
[ad_1] Elon Musk-owned social media platform Twitter blocked and later restored the main handles of domestic media agencies ANI and NDTV claiming that owner of both the accounts was less than 13 years of age and therefore could now be allowed to be on the platform. A quick search for both handles showed a notification ...
David Risher lyft: Lyft employees told to return to office as new CEO lays out vision
[ad_1] Since the pandemic began, Lyft employees have been able to work remotely, logging in to videoconferences from their homes and dispersing across the country like many other tech workers. Last year, the company made that policy official, telling staff that work would be “fully flexible” and subleasing floors of its offices in San Francisco ...
twitter blue tick: ‘Desperate for validation’: Are blue checks uncool now?
[ad_1] Twitter‘s blue check mark was once a coveted status symbol. Now, some users are calling it “the dreaded mark” or that “stinking badge.” Last week, Twitter began stripping the verification symbols from the profiles of thousands of celebrities, media personalities and politicians. The shift came as Elon Musk, the company’s CEO, continued to roll ...
wipro freshers: Over 90% of Wipro’s freshers chose lower salary option: CFO Jatin Dalal
[ad_1] About 92% of Wipro’s new campus hires who were offered a lower salary option in order to fast-track onboarding have accepted the company’s offer, a top executive told ET. Last year, the Bengaluru-based IT major had offered some of its new campus hires four to six-month-long ‘Velocity’ programmes to upgrade their salary packages from ...
Snap: Pinterest, Snap tumble 18% as outlooks disappoint investors
[ad_1] Pinterest Inc and Snap Inc’s stocks tumbled about 18% each on Friday after the two social media companies’ quarterly reports spooked investors worried about weak digital ad spending. Their disappointing reports late on Thursday stood in contrast to strong results earlier this week from digital advertising heavyweights Alphabet Inc and Meta Platforms Inc and ...
swiggy: Swiggy starts charging platform fee for food orders amid stagnant growth
[ad_1] Food and grocery delivery company Swiggy has started charging a “platform fee” of Rs 2 from customers for every food delivery order in cities like Bengaluru and Hyderabad. The platform fee is levied in addition to the delivery charge, which is waived for customers of Swiggy One who make an upfront payment and get ...
JIo Cinema: After Reliance-Warner deal, JioCinema pricing, local content in focus
[ad_1] The video streaming business of Mukesh Ambani, Asia’s richest person, is likely to focus on pricing and local content following a deal with Warner Bros as it seeks to challenge the likes of Disney and Netflix, industry sources said. Under the content deal announced on Thursday, popular series from HBO and Warner Bros, such ...
amazon: Amazon’s sales from international operations remain flat; losses shrink marginally
[ad_1] Ecommerce giant Amazon saw its net sales from international operations remain largely flat at $29.1 billion for the quarter ended March 2023. During the same quarter of the previous year, the Seattle-based company had recorded net sales of $28.7 billion. Losses in the international business contracted marginally, by 3%, to $1.24 billion, from $1.28 ...
streaming platforms: Canadian Senate passes bill to compel local content on streaming giants
[ad_1] Canada’s Senate on Thursday passed the government’s online streaming legislation after a 10-month debate over a law that will force firms like Netflix and Alphabet Inc-owned YouTube to offer more Canadian content. Bill C-11, or the Online Streaming Act, cleared the unelected upper chamber of the Canadian parliament with 52 votes to 16 and ...