Ecommerce growth slows in FY23 as Covid effect evaporates: Report

The order volume growth of India’s ecommerce industry slowed from 69.4% in fiscal year 2022 to 26.2% in FY23, according to data from ecommerce enabler Unicommerce.

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US Supreme Court refuses Epic bid to let App Store order take effect in Apple case

Epic filed an antitrust lawsuit in 2020, accusing Apple of acting as an illegal monopolist by requiring consumers to get apps through its App Store and buy digital content inside an app using its own system - for which it charges up to a 30% commission.

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US obtained search warrant for Trump's Twitter account in January 6 probe

The US special counsel investigating Donald Trump obtained a search warrant for the former president's Twitter account in January and the company delayed complying, according to a US appeals court opinion on Wednesday.

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MeitY launches Indian Web Browser Development Challenge

The programme saw participation from more than 200 participants from government departments, industry, startups and academia through online and offline modes.

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Amazon in talks to become anchor investor in Arm ahead of IPO

Amazon's potential involvement in the IPO, which has not previously been reported, underscores Arm's significance in cloud computing. Amazon Web Services, the internet giant's cloud business, makes its own processing chip called Graviton, using Arm's design.

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Byju’s term loan gets more expensive; MPL lays off 350 post GST hit

Byju's quest to settle the $1.2 billion TLB feud might come at a steeper price. The embattled edtech firm might have to pony up an additional $50-60 million to service the increased interest rate it has offered to conclude the revised terms for the deal. This and more in today’s ETtech Morning Dispatch.

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Operations cost may go up for global firms under new data regime

Even though the new data bill allows for easy cross-border transfer of data, businesses will still have to comply with local data storage norms as mandated by sectoral regulators.

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