Welcome to the world of facts and news

Flipkart sees huge growth; bitcoin over gold for Dhanteras?

The pandemic has by turn boosted and hobbled ecommerce platforms but Flipkart for one seems to have thrived on the whole, based on its latest numbers, which we report exclusively today.

from Tech-Economic Times https://ift.tt/3C6ClVe

Exchanges plan ad blitz for festival crypto gold rush

To tap into the festive season that began with Ganesh Chaturthi on Friday, Indian crypto exchanges are ramping up hiring, and planning product launches and large-scale advertising campaigns to add new retail investors.

from Tech-Economic Times https://ift.tt/3957DiJ

Exclusive: Flipkart in line for a 50% rise in its annualised GMV at $23 billion

This year's GMV run-rate indicates more than 50% growth year on year for the Walmart-owned ecommerce giant even as the sector remains in a policy flux. Of the current annualised GMV, around $20 billion is estimated to be from Flipkart while the rest is from Myntra.

from Tech-Economic Times https://ift.tt/3C8HRq3

Facebook Asked by Italy Data Authority to Provide Privacy Clarifications on Ray-Ban Stories Smart Glasses

Facebook was asked by Italy's data protection authority to provide clarifications over the newly launched Ray-Ban Stories to assess whether the product is compliant with privacy laws.

from Gadgets 360 https://ift.tt/3tzlRSw

Apple vs Epic: Fortnite Maker’s Narrow Win in App Store Case Toughens Fight Against Google Play Rules

Android app makers suing to stop Google from siphoning up to 30 percent of their sales received little reassurance about their chances as a judge allowed a comparable fee charged by Apple to stand.

from Gadgets 360 https://ift.tt/3nrc9Am

Bitcoin in El Salvador: Chivo Digital Wallet Still Beset by Technical Glitches

For a fourth day in a row, technical glitches have beset the Salvadoran government's bitcoin digital wallet Chivo, a setback that could discourage residents from signing up to the app promoted by President Nayib Bukele.

from Gadgets 360 https://ift.tt/3ld7JKS

Apple vs Epic: Ruling Invites Future Efforts to Paint the iPhone Maker as Monopolist, Experts Say

Android app makers suing to stop Google from siphoning up to 30 percent of their sales received little reassurance about their chances as a judge allowed a comparable fee charged by Apple to stand.

from Gadgets 360 https://ift.tt/3E4KeMx

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...