Google puts on hold mandatory use of its billing system in India

Google says it’s reviewing legal options, ensuring it can continue to invest in Android, Play

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Nykaa profit jumps 344% YoY, revenue up 39%

The quarterly profit increase was driven mainly by strong consumer demand in the run up to the festive season, and efficiencies gained in marketing and fulfilment expenses, the company said in a filing to the BSE.

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Meta purges 33.7 million pieces of bad content in India in September

Meta has said that it took down over 30.7 million pieces of bad content across 13 policies for Facebook and over 3 million pieces of such content across 12 policies for Instagram in India in September.

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Apple supplier Foxconn quadruples bonuses to staff hit by Covid lockdown in China

Daily bonuses for employees, who are part of a Foxconn unit responsible for making electronics including smartphones at the site, have been raised to 400 yuan ($54.72) a day for November from previously announced bonuses of 100 yuan, according to the official WeChat account of Foxconn's Zhengzhou plant.

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RBI to launch Digital Rupee pilot for wholesale segment from November 1

"The use case for this pilot (wholesale segment) is settlement of secondary market transactions in government securities. Use of e₹-W is expected to make the inter-bank market more efficient," the Reserve Bank of India said in a statement today. The RBI will also within a month commence the first pilot for the retail segment in select locations in closed user groups comprising customers and merchants.

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Google pauses enforcement of Play billing system following CCI order

Google added the requirement to use Google Play's billing system applies for in-app digital content purchases for users outside of India

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Why Snap is wooing Bharat; Amazon to shut seller firm Appario

Snap’s popularity is soaring, especially among Gen Z users — people born between 1997 and 2012. Spiegel himself told us in October 2021 that the app had crossed 100 million monthly users in the country.

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