Booking.com urges national watchdogs not to back EU antitrust veto on ETraveli deal

The European Commission will announce its decision next week, underlining its concerns that the deal could expand Booking's ecosystem of travel services which include flights, accommodation, car rentals and attractions.

from Tech-Economic Times https://ift.tt/pS51EOb

Netflix prepares to send its final red envelope

Netflix DVD distribution plant, once a bustling ecosystem that processed 1.2 million DVDs a week, employed 50 people and generated millions of dollars in revenue, now has just six employees left to sift through the metallic discs.

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

How upstarts are challenging the dominance of ride-hailing giants Ola and Uber

The new players, including Rapido, Blu Smart, Drife, and Shoffr, are gaining traction by offering attractive packages for drivers, lower prices, more convenient booking options, and advanced features such as AI and blockchain-based business models. The traditional players like Ola and Uber have also bounced back from the pandemic decline and are adopting customer-friendly features to compete with the new entrants.

from Tech-Economic Times https://ift.tt/PT0G7oH

As Micron unit kicks off, govt says two more proposals likely

Tata Projects will lead construction in the plant’s first phase, which entails building 500,000 square feet of planned cleanroom space, said Micron vice-president Gursharan Singh.

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

US Supreme Court extends pause on order curbing Biden social media contacts

The decision to keep the matter on hold until Wednesday gives the court more time to consider the administration's request to block an injunction issued by a lower court that had concluded that federal officials likely had violated the free speech protections of the U.S. Constitution's First Amendment by coercing social media platforms into censoring certain posts.

from Tech-Economic Times https://ift.tt/3V4AL86

Oracle spends more than $100 million on Ampere chips

Ampere builds custom server chips based on Arm technology that compete with designs produced by Intel and AMD, which use X86. Oracle has invested hundreds of millions of dollars in Ampere since it was founded, according to filings.

from Tech-Economic Times https://ift.tt/nBkWbO1

The Pai-and-Kamath way to startup investing; and other top tech stories this week

Bluestone is only the latest in the list of investments by Pai and Kamath, but this marks the growing pace at which they are signing new cheques at a time mid-to-large scale startups are finding it hard to score new funding.

from Tech-Economic Times https://ift.tt/pj0KnxY