Oracle Cloud Infrastructure expands distributed cloud services with OCI dedicated region

The new services will help customers meet strict latency, data residency, and data sovereignty requirements that are key to many IT modernization efforts. It will also allow Oracle to offer customers nearly 100 services within their premises, which were earlier available only to public cloud consumers.

from Tech-Economic Times https://economictimes.indiatimes.com/tech/information-tech/oracle-cloud-infrastructure-expands-distributed-cloud-services-with-oci-dedicated-region/articleshow/92363853.cms

Amazon announces Doug Herrington as CEO of Worldwide Amazon Stores

Doug Herrington joined the company in 2005, went on to launch AmazonFresh in 2007, and has led the company's North American consumer business since 2015.

from Tech-Economic Times https://ift.tt/uaZyC8Q

Cloudflare puts up detailed blog about outage that hit several websites briefly

Users attempting to access certain websites got '500 Internal Server Error' message and many took to social media to report the disruption. The services were restored after the brief disruption.

from Tech-Economic Times https://ift.tt/D1B769F

Banks holding on to subsidy share, say payments firms

The companies have written to the National Payments Corp. of India (NPCI), complaining that ₹700 crore of the ₹1,500 crore granted in the budget is being retained by banks.

from Tech-Economic Times https://ift.tt/6np91ZN

Alibaba's India unit filed 'fabricated' documents with regulators: Probe

The investigations revealed that after the incorporation of Alibaba Cloud in March 2017, its Indian-origin partner resigned and the company was transferred to Chinese nationals. It has also found that certain information shared by the company's representative with the RoC in July 2021 was "untrue", they said.

from Tech-Economic Times https://ift.tt/fYTe9uo

Cashback drives surge in WhatsApp Pay transactions on UPI

The service, since it started giving cashbacks to users actively over the past couple of weeks, has resulted in a significant surge in daily transaction numbers – to 2-3 million payments per day up from a few hundred thousand till recently, people briefed on the matter said.

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

Gaming firms turn focus to acquiring studios to boost growth

The Indian video games industry will be valued at over $2 billion by 2023, according to GlobalData. Such a lucrative opportunity is the biggest motivation for tech companies to acquire or invest in gaming studios, said Guha.

from Tech-Economic Times https://ift.tt/1SuWf96