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Advertising spends on Ecomm platforms crossed $1b in 2022

According to business intelligence platform Tofler, Flipkart Internet, the marketplace part of Walmart-owned Flipkart India, posted 50% year-on-year growth in ad revenue at ₹2,083.5 crore in FY22. At Amazon India's marketplace subsidiary, Amazon Seller Services, advertisement revenue rose 63% to ₹4,171.4 crore. These two sites generated more than ₹6,250 crore in ad income in FY22.

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Let data embassies come up across the country, not at GIFT IFSC alone: Industry

Yotta Infrastructure and ST Telemedia Global Data Centres have said that the policy will bring investments to India if the government goes for a nation-wide rollout.

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Contact tracing feature of Aarogya Setu disabled, data deleted: Govt

Rajeev Chandrasekhar said that as per the protocol decided by the empowered group on May 11, 2020, officials of the Union and state health and family welfare ministry, the national and state disaster management authorities and district civil surgeons were given access to the data collected through the Aarogya Setu.

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Emotion AI startup Entropik raises $25 million in funding

Other participating investors include SIG Venture Capital, Trifecta Capital and Alteria Capital and returning investor Bharat Innovation Fund.

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MCA may accept physical submissions of some forms amid V3 portal glitches

The portal is used by companies to make regulatory filings, including form PAS-3, which they need to file before they can use funds raised from investors.

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Zoom to lay off about 1,300 employees or 15% of total workforce

The video conferencing software maker also said that its executive leadership team will reduce their base salary by 20% in the same period.

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Meta partners with IT Ministry for G20 Stay Safe Online Campaign

The resources under the G20 Stay Safe Online will cover themes such as tackling online frauds, how to report harmful content, tips to be safe when interacting online among others.

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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...