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  • Amazon infuses $2 billion into Indian arm, a day after Flipkart announced $1 billion funding 2 days ago

    New Delhi: On Tuesday Flipkart announced that it raised a fresh round of funding worth $1 billion. This is seen as a part of Flipkart's aggressive scale up after Amazon's rapid expansion in India that has heated up competition. Now a day later, Amazon announced that it will invest an additional...
  • Flipkart adds $1 billion to its armoury to battle the Amazon invasion 2 days ago

    Mumbai: India's top e-commerce company Flipkart said on Tuesday it had raised $1 billion (Rs 6,000 crore) in funds as it battles US giant Amazon for supremacy in the hyper-competitive local market. Flipkart, set up in 2007 by two former Amazon employees, said Singapore sovereign wealth fund GIC was among those...
  • Flipkart raises $1 billion funding, highest-ever in Indian e-commerce industry 2 days ago

    New Delhi: Indian e-commerce marketplace Flipkart has raised $1 billion (about Rs 6,013 crore) in one of the largest funding rounds for any e-commerce company globally - and the single largest round by an internet company from India. Co-led by existing investors Tiger Global Management and Naspers, the funds will...
  • Amazon India to open 5 new centres for faster delivery 3 days ago

    New Delhi: Global e-commerce giant Amazon will open 5 new centres across India to ensure faster product delivery in the fiercely competitive online shopping space, which is dominated by homegrown players like Flipkart and Snapdeal. The US-based firm already has two fulfilment centres (FCs) in Mumbai and Bangalore. With the addition...
  • Dating site OkCupid admits to Facebook-style experiment to find love formula 3 days ago

    San Francisco: OkCupid on Monday said it messed with members' minds a bit in a bid to refine the formula for finding love at the online matchmaking service. OkCupid co-founder Christian Rudder made a case for the practice in a blog post titled "We Experiment on Human Beings" which came on...
  • Virus stealing debit, credit card information prowling online portals 4 days ago

    New Delhi: Debit and credit card owners in the country have been alerted by cyber security sleuths against the damaging activities of a virus which attacks Point of Sale (POS) business counters to steal confidential data like card number and passwords. The virus, of the deadly Trojan/Botnet family, is prowling in...
  • European Central Bank hacked, blackmailed 1 week ago

    Berlin: The European Central Bank said Thursday that email addresses and other contact information have been stolen from a database that serves its public website, though it stressed that no internal systems or market-sensitive data were compromised. The security breach involved a database serving part of the website that gathers registrations...
  • Tor, Tails privacy-protecting flaws show that no anonymity system is fail-safe July 24, 2014

    San Francisco: Researchers have found a flaw that could expose the identities of people using a privacy-oriented operating system touted by Edward Snowden, just two days after widely used anonymity service Tor acknowledged a similar problem. The most recent finding concerns a complex, heavily encrypted networking program called the Invisible Internet...
  • Flipkart launches e-learning category; offers a range of e-learning material, certification courses, online tests July 24, 2014

    Bangalore: Homegrown online marketplace Flipkart today announced the launch of its E-learning category. With over 1900 products and titles, this category will offer a range of e-learning material, certification courses and online tests catering to students with a variety of requirements, Flipkart said in a release. With this announcement, Flipkart will be...
  • Google tried buying Spotify but backed off because of whopping price tag July 23, 2014

    New York: Internet titan Google tried last year to buy streaming music service Spotify but backed off for reasons including a whopping price tag, the Wall Street Journal reported on Tuesday. The Journal cited an unnamed source as saying that Sweden-based Spotify was asking for more than $10 billion despite being...
  • Jammu and Kashmir: PDP launches online membership drive July 20, 2014

    Srinagar: Opposition People's Democratic Party (PDP) on Sunday launched an online membership drive on its updated official website. The updated website and the drive was launched by the party president Mehbooba Mufti at a function held at her Gupkar residence, a party spokesman said. The spokesman said the main feature of the...
  • Facebook tests 'Buy' button to help advertisers boost sales July 18, 2014

    New York: Facebook is testing a "Buy" button in its latest effort to help businesses boost their sales through the world's biggest online social network. The company said in a statement Thursday that the button will let people buy products directly from businesses without leaving Facebook. A "Buy" button appears at...
  • Visa launches new Visa Checkout service to make online payments simpler July 17, 2014

    New York: Payment processor Visa is launching a new service called Visa Checkout that eliminates a few steps in online payment. The company and its retailing partners, including Neiman Marcus, Pizza Hut, Staples and others, hope a quicker payout will lead to fewer abandoned shopping carts online. As more customers shop...
  • What happens to your online accounts when you die? July 17, 2014

    Washington: You've probably decided who gets the house or that family heirloom up in the attic when you die. But what about your email account and all those photos stored online? Grieving relatives might want access for sentimental reasons, or to settle financial issues. But do you want your mom reading...
  • Amazon brings #AmazonCart to India July 16, 2014

    New Delhi: Amazon.in announced the launch of its #AmazonCart service in India, using which customers can add products that they discover on Twitter to their shopping carts. Customers who have connected their Amazon and Twitter accounts can add items to their carts just by tweeting the link of an Amazon.in product...
  • Amazon sued over purchases by kids using mobile apps July 12, 2014

    Washington: The US government sued Amazon.com for allowing children to collectively run up millions of dollars in purchases on the credit cards of their unsuspecting parents while playing mobile apps like "Tap Zoo" and "Ice Age Village." The lawsuit, filed by the Federal Trade Commission, seeks to make the online retailer...
  • Yahoo unveils a lineup of free streaming concerts July 12, 2014

    San Francisco: Yahoo continued its shift to online content with a line-up of free streaming concerts by music stars such as Usher, Michael Franti, and The Dave Matthews Band. A Live Nation Channel on Yahoo Screen promised to serve up a new live concert daily beginning on July 15 when The...
  • Actor George Clooney slams UK story about his future marriage July 10, 2014

    New York: Actor George Clooney criticized Britain's Daily Mail on Wednesday for publishing what he called a "completely fabricated" story that said his future mother-in-law opposes his upcoming marriage to human rights lawyer Amal Alamuddin. The Mail Online story posted on Monday said Alamuddin's mother was telling family in Beirut that...
  • Move over Chuck Norris, the Internet has crowned a new hero this week - Tim Howard July 4, 2014

    San Francisco: Move over Chuck Norris, the Internet crowned a new hero this week - that's US goalkeeper Tim Howard. The 35-year-old player became a Twitter sensation after an astounding 16 saves in the US team's match against Belgium, as the knockout stage of the World Cup continued to play...
  • The more Internet porn you watch, the more narcissistic you become July 3, 2014

    New York: Watching porn is what narcissists love to do the most, a new study has found, adding that the more Internet porn people watch, the more narcissistic they tend to be. Earlier research shows that the more control narcissists have over sex, the more gratifying the experience tends to be. "The...
  • Microsoft toughens Outlook email encryption to thwart online snooping July 2, 2014

    San Francisco: Microsoft on Tuesday said it is scrambling Outlook email messages in transit to thwart spying by governments or others. Toughened encryption at Outlook and Microsoft OneDrive online "cloud" data storage service came less than a month after the technology titan got low marks in a Google ranking of such...
  • Facebook testing 'missed call' ads in India July 2, 2014

    San Francisco: Facebook wants its users in India to hang up on advertisers. The Internet social networking company is testing a new type of ad in the country that allows mobile phone users to click a button that calls a brand advertiser, immediately hangs up and then receives a return call. The...
  • Adidas lifts ban on sales via eBay, Amazon and other online shopping websites July 2, 2014

    Duesseldorf: German sportswear maker Adidas has decided to allow the sale of its products via market-place sites like eBay and Amazon, an issue the German cartel office has been investigating. "We have decided to extend our e-commerce guidelines to also include open market places: if our retail partners adhere to our...
  • Google buys music streaming service Songza July 2, 2014

    San Francisco: Google has acquired streaming music service Songza, the Internet search company's latest move to play a bigger role in the fast-growing online music business. Google said on Tuesday it would explore ways to incorporate aspects of Songza into its existing streaming music service over the coming months. For...
  • Cutting and 'tapri' chai goes online on ChotuChaiWala.com! If you live in Mumbai, you can now order your tea online June 28, 2014

    Tea-sellers in Mumbai have just gone online with an affordable monthly subscription targeting people who take their cuppa very seriously. Zepo, an eCommerce website building platform, launched ChotuChaiWala.com, connecting the chaiwalas of Mumbai to its residents."Wouldn't it be awesome if everyone in Mumbai could order tea online while sitting at...
  • Amazon and Indian investment firm to help small businesses get online June 28, 2014

    Mumbai: Amazon.com Inc's Asia unit will provide back-end support in a venture with an Indian private investment firm formed by Infosys Ltd co-founder NR Narayana Murthy that aims to help get Indian companies online. Catamaran Ventures's partnership with Amazon Asia will target small- and medium-sized firms, Arjun Ramegowda Narayanswamy, who heads...
  • Asus cautions customers about online purchases June 27, 2014

    New Delhi: After Lenovo and Gionee, another tech giant Asus has advised its customers to be cautious while purchasing devices from e-commerce platforms and online shopping sites. The Taiwanese firm has also advised its users to check pre- and post-sales terms as well as the authenticity of the product while buying...
  • Google starts 'forgetting' things in Europe June 27, 2014

    San Francisco: Google on Thursday said that it is "forgetting" things in Europe to comply with a legal ruling granting people the power to have certain information about them removed from searches. "This week, we're starting to take action on the removal requests that we've received," Google said in an email...
  • EC to publish Uttarakhand panchayat polls results online June 26, 2014

    For the first time, Uttarakhand panchayat poll results will be available on the internet and mobile phones. With the help of National Informatics Centre, the Election Commission will for the first time display the panchayat poll results on the internet and mobile, State Election Commissioner Subardhan said while reviewing preparations for...
  • Flipkart to hire 12,000 people this year, aims to beef up its support and technology operations June 22, 2014

    New Delhi: Flipkart will hire 12,000 people this year to beef up its support and technology operations as the homegrown firm witnesses strong surge in online shopping in the country. The online marketplace giant has already chalked out an ambitious plan to expand its reach across India, the world's third...