Category: Internet

Amazon Under EU Antitrust Fire Over Use of Merchant Data

Amazon’s use of merchants’ data triggered an EU antitrust investigation on Wednesday, as regulatory concerns mount around the world on how tech giants exploit customer information to reinforce their market power. US tech firms Amazon, Google, and Facebook have been in the regulatory spotlight as antitrust enforcers examine how they use data to shut

Facebook Rolls Out New Rules for Political Advertising Globally

Facebook has rolled out its transparency tools globally for advertisers wanting to place ads about social issues, elections or politics. The social networking platform already requires that advertisers get authorised and add disclaimers to political ads in over 50 countries and territories, including in India. “Now we’re expanding proactive enforcement

Microsoft AI Digital Labs Launched in Collaboration With 10 Colleges in India

Software giant Microsoft on Thursday launched Artificial Intelligence (AI)-enabled digital labs in collaboration with 10 higher educational institutions in India. The programme, ‘Intelligent Cloud Hub’, covers institutes including BITS Pilani, SRM Institute of Science and Technology and Trident Academy of Technology among others. “With the right technology infrastructure, curriculum and

Artificial Intelligence Offers $340 Billion Opportunity to Retail Sector: Capgemini

The use of Artificial Intelligence (AI) offers about $340 billion (roughly Rs. 23.8 lakh crores) cost-saving opportunity for those retail companies that are able to scale and expand the scope of their existing deployments, according to a new global study from French technology services major Capgemini. However, just one percent

Delivery Hero Cedes German Market to Takeaway.com

Takeaway.com and Delivery Hero have settled a costly struggle for supremacy in the German food delivery market, with Takeaway agreeing to buy its larger rival’s businesses there for EUR 930 million ($1.1 billion roughly Rs. 7,700 crores). Markets greeted the agreement as a win for both companies. Shares in Dutch-listed Takeaway jumped 23