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(Bloomberg) -- Altimeter Growth Corp., the blank-check company merging with internet giant Grab Holdings Inc., is hovering just a few cents above its record low after cratering 28% since the deal was unveiled in April. Altimeter closed Thursday at $11.06, just shy of its $10.
Disney+ Hotstar ad revenue plunges amid IPL suspension SECTIONS Share Synopsis Disney+ Hotstar made just $0.75 (about Rs 55) from each subscriber per month during the quarter ended April 3, as compared to $0.91 per month in the previous quarter, but continues to remain one of Walt Disney's strongest streaming services. Reuters Bengaluru: Video streaming service Disney+ Hotstar’s average revenue per user (ARPU) fell for the second quarter ended April 3, 2021, on the back of lower advertising revenue from its flagship cricketing property—the Indian Premier League. The streaming service cloc...
Cyber expert asks Flipkart users to reset passwords to avoid fraud SECTIONS Last Updated: May 13, 2021, 01:02 AM IST Share Synopsis According to the expert Rajashekhar Rajaharia, cyber criminals are selling sets of email addresses and passwords of customers from allegedly leaked databases of BigBasket that match with accounts of e-commerce firm Flipkart and Amazon ETtech FILE PHOTO: The logo of India's e-commerce firm Flipkart is seen in this illustration picture taken January 29, 2019. REUTERS/Danish Siddiqui/Illustration An alleged leaked database can potentially lead to unauthorised transa...
Nasscom urges govt to temporarily relax FCRA Act SECTIONS Last Updated: May 13, 2021, 01:10 AM IST Share Synopsis Nasscom said that providing a temporary waiver to the FCRA Act would enable the industry to bring in the required aid to India. AP Doses of the Pfizer coronavirus vaccine are seen being prepared on Wednesday, May 12, 2021, in Decatur, Ga. Hundreds of children, ages 12 to 15, received the Pfizer vaccine at the DeKalb Pediatric Center, just days after it was approved for use within their age group. (AP Photo/Ron Harris) IT industry body Nasscom has urged the government to temporaril...
E-commerce firms face more hurdles in Maharashtra, Assam SECTIONS Share Synopsis The Maharashtra government, in a notification on Wednesday, said drivers and helpers of all goods carriers entering the state must carry a negative RT-PCR certificate that is less than 48 hours old ETtech Maharashtra’s regulations will come into effect on May 15 (Illustration: Rahul Awasthi) New rules from the governments of Maharashtra and Assam have created additional hurdles for e-commerce and transport operators, including those delivering food, groceries and other essential supplies. The Maharashtra govern...