CCI dismisses complaints against Shopee, Amazon

CCI said Shopee was launched in November 2021 at a time when there were many existing players - Amazon, Flipkart, Myntra and Nykaa - and so did not possess "significant market power".

from Tech-Economic Times https://ift.tt/c9nOSCI

SAP to double contribution from India

“2021 was the best year in our history, and we’ve contributed globally very holistically. India was one of the frontrunners in terms of the number of Rise customers globally,” Bawa said.

from Tech-Economic Times https://ift.tt/4IvZ1FP

Ukraine president says he spoke to Musk, will get more Starlink internet terminals

"Talked to Elon Musk. I'm grateful to him for supporting Ukraine with words and deeds," Zelenskiy tweeted.

from Tech-Economic Times https://ift.tt/uOkzrU5

Mastercard, Visa suspend operations in Russia after invasion

Visa said it's working with clients and partners in Russia to cease all Visa transactions over the coming days.

from Tech-Economic Times https://ift.tt/ePCvkZM

PayPal shuts down its services in Russia citing Ukraine aggression

PayPal, which had only allowed cross-border transactions by users in Russia, stopped accepting new users in the country on Wednesday.

from Tech-Economic Times https://ift.tt/70FEms5

Ninjacart sets aside $25 million for investments in agri-tech startups

Called Agri Seed Funds, Ninjacart will use the fund to make seed investments in startups and entrepreneurs, “who present unique, sustainable and tech-enabled solutions.”

from Tech-Economic Times https://ift.tt/PTXOphb

Nvidia data breach exposes data of 71,000 employees: Report

The 'Have I Been Pwned' website suggests that the hack includes a massive 71,000 employee emails and hashes that may have allowed the hackers to crack their passwords.

from Tech-Economic Times https://ift.tt/vanUDTK