IT may get to buy tech captives of crisis-hit banking, financial firms

Advantage Indian IT firms as banks need core modernisation investments, say experts

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Hindenburg takes aim at Dorsey's payments firm Block, shares plunge

The US short seller, behind a market rout of over $100 billion in India's Adani Group, said in its report that former Block employees estimated that 40% to 75% of accounts they reviewed were fake, involved in fraud, or were additional accounts tied to a single individual.

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Meta says a network fee is not the fix for European telecoms firms' financial problems

Deutsche Telekom, Orange, Telefonica, Telecom Italia and other operators have lobbied for two decades for US tech giants to contribute to 5G and broadband roll-out.

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Job search platform Indeed to cut 2,200 jobs

Chief Executive Chris Hyams, who will take a 25% cut in base pay, said future job openings were at or below pre-pandemic levels and that the company was too large.

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Senior Meta advertising executive departs amid efficiency drive

Dan Levy, currently the social media giant's vice president of business messaging, said in a post to Meta's internal social network on Monday that he wanted to focus on family after losing a child to leukemia.

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Govt may make ecommerce players liable for seller frauds; Netflix India gunning for continued growth

The Ministry of Consumer Affairs is working on new rules to make ecommerce platforms Lori Amazon and Flipkart liable for fraud committed by their sellers. This and more in today’s ETtech Morning Dispatch.

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With great ecommerce comes great responsibility for online platforms

The consumer affairs ministry is working on tightening ecommerce rules to make online retail platforms liable for fraud committed by sellers and attaching “fallback liability” to their role as intermediaries, said a senior official.

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