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Well soon meet in your inbox. Please wait... A new investor pool—sovereign wealth funds, technology-focused financial groups, pension funds, long-term passive funds and private equity funds including CPPIB, CDPQ and Carlyle —have already been sounded out. Though the Flipkart fundraising is predominantly being targeted at new investors, existing ones like GIC of Singapore, Qatar Investment Authority too have been sounded out, one of the sources cited above said. These discussions are at an e...

CIC Health : and Quest Diagnostics Collaborate to Help Schools, Camps Open Safely Nationwide 05/10/2021 | 09:08am EDT Send by mail : Message : Required fields CIC Health and Quest Diagnostics (NYSE:DGX) today announced a collaboration that will help more schools safely return to in-person learning by greatly increasing COVID-19 testing logistics and lab capacity across the country. It comes at a pivotal moment as the U.S. Department of Health and Human Services (HHS) releases state funding to ...

US state attorneys general urge Facebook to cancel Instagram for younger kids SECTIONS Last Updated: May 10, 2021, 10:40 PM IST Share Synopsis The letter said media reports from 2019 showed that Facebooks Messenger Kids app contained a significant design flaw that allowed children to circumvent restrictions on online interactions Reuters FILE PHOTO: The Instagram application is seen on a phone screen August 3, 2017. REUTERS/Thomas White/File Photo A group of 40 state attorneys general on Monday...

Synopsis The new feature, currently in pilot stage, uses the Q&A function in Google Maps to allow people to ask about and share local information on availability of beds and medical oxygen in select locations. ET Bureau New Delhi:Google is testing a new feature in Google Maps to locate available hospital beds and medical oxygen in India, even as the country continues to clock a record number of Covid-19 cases and deaths on a daily basis. The new feature, currently in pilot stage, uses the Q&A f...

Synopsis ETtech Changpeng Zhao, founder-CEO, Binance “Banks refusing to work with crypto are like bookstores refusing to work with the Internet,” Changpeng Zhao, the founder and chief executive of the world’s largest bitcoin exchange, Binance, tweeted on May 7. The comment came amid ICICI Bank and other major banks cutting off banking and payment gateway services to crypto platforms in India. In an interview with ET’s Apoorva Mittal, Zhao says lack of understanding among Indian regulat...

Well soon meet in your inbox. Please wait... The platforms have also been asked to take “immediate action” to disable or remove such content, promote dissemination of authentic information related to the Covid-19 outbreak and issue “warnings” to imposters who misuse the platform. According to the advisory - sent by the Ministry of Electronics and IT - social media platforms are intermediaries as defined under the Information Technology Act, 2000 and are therefore required to follow due...

Amazon Seller Services gets fresh capital infusion of Rs 915 crore SECTIONS Last Updated: May 07, 2021, 10:49 PM IST Share Getty Images Amazon Seller Services, the marketplace unit of the US-based e-tailing giant Amazon, has received a fresh capital infusion of Rs 915 crore (approx. $125 million), documents filed with the Registrar of Companies showed. The investment was led by Singapore-based Amazon Corporate Holdings, with a token investment being made by the parent entity Amazon.com Inc, bot...

Well soon meet in your inbox. Please wait... Reliance Retail’s fashion portal Ajio had a similar message for its users. “Today we focus on something more important than fashion. Families,” the company said on its mobile app. “The single-minded focus of Ajio today is to support everyone with care and compassion, putting people above profits.” “Today community takes precedence over commerce,” Tata group’s online portal Tata Cliq told shoppers through its app. With restrictions on ...

Well soon meet in your inbox. Please wait... The scripts had enabled these software programmers to book the vaccine slots quicker than people who accessed the website on their laptops or smartphones. “The appointment availability data is cached and may be up to 30 minutes old," the government’s nodal agency API Setu said in a note to developers on Wednesday. The CoWin portal uses open Application Programming Interface (APIs) - a tool that allows two software programmes to talk to each other...

Well soon meet in your inbox. Please wait... Epic, the maker of the popular Fortnite video game, contends Apples insistence that apps to pay a 15% to 30% commission on transactions has turned into illegal monopoly that that should be blown up so other options can be offered on the iPhone, iPad and iPod. Apple so far has mounted a fierce defense of its so-called "walled garden," in part by highlighting evidence that its app store commissions and practices mirror those of major video game console...