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GameStop's Reddit Rally Puts Scrutiny on Social Media Forums

Social media services including Facebook and Reddit restrict discussions about weapons, drugs, and other illegal activity, but their rules do not specifically mention another lucrative regulated good: stocks.

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Xiaomi Files Legal Complaint Against US Defence, Treasury Ban

Xiaomi filed a complaint in a Washington district court against the US defence and treasury departments, seeking to remove the Chinese smartphone maker from an official list of companies with ties to China's military.

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Facebook is hated — and rich

The company said Wednesday that its sales — nearly all of which come from the ads it sells on Facebook, on Instagram and its other apps — reached nearly $86 billion in 2020 and are growing rapidly.

from Tech-Economic Times https://ift.tt/3j2wWG4

ETtech Weekly Recap: What startups want from Budget 2021, verification badge scam, & more

We tracked the Economic Survey 2020-21 and what it had to say about the country's startup ecosystem and how the Covid-19 pandemic and subsequent lockdowns helped make India one of the largest gig economy hubs in the world.

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Amazon battle is about ownership of the Indian customer at any cost, Kishore Biyani tells employees

"For reasons we never believed earlier but quite evident today, this battle is about ownership of the Indian customer at any cost. The stated and evident policy of vexatious litigation and harassment makes one wonder about the similarity in ruthless ambition to scorch the earth akin to the Greek Alexander - after all, they are inspired to name their product as Alexa," he wrote adding that Alexander conquered large parts of the world but failed in India.

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US lobby group urges India not to tighten foreign e-commerce rules

India is considering revising the rules after traders in the country accused Amazon's Indian division and Walmart's Flipkart of creating complex structures to bypass investment regulations.

from Tech-Economic Times https://ift.tt/2YuOXU4

Fantastic blue ticks and where to buy them

Verified badges for social media accounts are being sold on private marketplaces, putting their credibility quotient at stake.

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Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...