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24Dec By reutersNo Comments

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Amazon Starts Flexing Muscle in New Space: Air Cargo

A cargo plane emblazoned with "Prime Air" descended from an empty sky at Lehigh Valley International Airport on Tuesday, ninety minutes from the bustle of New York City, loaded with crates of goods during the peak holiday shopping season. It's one of 40 jets leased by Amazon.com for a new cargo service to meet delivery demand from the retail giant's customers. Exclusive payload data reviewed by Reuters and interviews with airport officials around the country show that Prime Air planes are flying nearly full, but with lightweight loads, taking away valued business from FedEx and United Parcel Service. Expanding into transportation, from trucks to planes, is one of Amazon's most important endeavors as it strives to lure new customers with fast shipping while keeping costs under...

Facebook Gets Over 6,000 Data Requests From India

24Dec By NitishNo Comments

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Facebook Gets Over 6,000 Data Requests From India

Social networking giant Facebook received 6,324 requests from Indian government agencies for 8,290 users/accounts in the first half of 2016. This is the second highest after the US, which made 23,854 requests for 38,951 users/accounts during January-June 2016, according to Facebook's Government Requests Report. Requests from India have increased, a trend seen globally as well from the previous period. Indian agencies had made 5,561 requests for 7,018 users/accounts in July-December 2015 period. Facebook said it was able to produce "some data" in 53.59 per cent of the cases in the first half of 2016, compared to just over 50 per cent in the July-December 2015 period. Government requests for account data increased by 27 per cent globally compared to the last half of 2015, increasing ...

Paytm App Still Facing Glitches; Users Complain of Payment Issues

23Dec By AnkitaNo Comments

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Paytm App Still Facing Glitches; Users Complain of Payment Issues

Mobile payments company Paytm is still facing issues in transacting as many users have complained that money was deducted from their bank accounts but did not reach the e-wallet. Besides, the users said they are not able to see the existing balance in their Paytm wallet and their attempts to transfer the balance back to bank accounts were failing. Paytm customers have been facing such issues for the last few days. Its customer care hasn't been of much help as no transaction IDs are getting generated on its platform to help track details, they said. Several customers using Apple handsets complained that they could not even access their accounts and pay through using. When contacted, a Paytm spokesperson said there are regular cases wherein owing to server connectivity issues, bank dow...

Alibaba Blames Trump Led US Politics For Its Blacklisting For Fake Goods

23Dec By AnkitaNo Comments

CHINA, News

Alibaba Blames Trump Led US Politics For Its Blacklisting For Fake Goods

China's e-commerce giant Alibaba has rejected US allegations that it sells counterfeit goods, saying the Washington's move to put it back on a blacklist of its "notorious markets" could be influenced by the "current political climate" in America. Questioning the US move, Alibaba Group President Michael Evans said he was "disappointed" by the decision and wondered whether it was "based on actual facts or was influenced by the current political climate." US President-elect Donald Trump had, during his campaign, repeatedly accused Chinese firms of stealing intellectual property. The US has again labeled Alibaba Group Holding Ltd as one of the world's largest destinations for fake goods, a major embarrassment for a Chinese e-commerce giant trying to shake off its reputation as a haven fo...

Droom Launches Droom History- India’s First Platform Which Provides Used Vehicles Data

23Dec By AdityaNo Comments

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Droom Launches Droom History- India’s First Platform Which Provides Used Vehicles Data

In a move that once again underlines its pioneering status in the country’s automobile industry, Droom, India’s pioneering online automobile transactional marketplace, has announced the launch of Droom History. Droom History is an unbiased report which curates historical data available through various authorised data providers to deliver in-depth information about a vehicle’s background. Generated using Droom’s proprietary technology, the report will address issues related with a vehicle’s safety, trust, and value. Speaking on the launch, Sandeep Aggarwal, Founder & CEO, Droom, said, “Unlike USA and Western Europe, India is a low trust market, especially for used automobiles. Many aspects of a pre-ownedvehicle, such as ownership history, title dispute, and vehicle-related issues, ...

Global Payment Firm Paypal May Acquire 25% Shares of Freecharge

23Dec By NitishNo Comments

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Global Payment Firm Paypal May Acquire 25% Shares of Freecharge

A leading online payment firm PayPal is in talks with freecharge team to acquire 25% stake as the report by Mint. The expecting amount of the acquisition may be around $200 million (approximately Rs 1,357 crore). Jasper Infotech Private Limited known as snapdeal owned FreeCharge.com. Initially United States-based online payments company PayPal had made an offer for a 51% buyout. However, Snapdeal, which owns FreeCharge, is not too keen on selling a controlling stake. As per recent scenario, Paypal looking to stand itself as a direct competitor of paytm to acquire the large number of Indian market share. After acquiring the stakes in Freecharge, Paypal can offer national and international payment through Freecharge app. The talk is final stage, while PayPal has hired Goldman Sachs...

Uber Launches First Electric Car Fleet in Madrid

22Dec By PriyankaNo Comments

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Uber Launches First Electric Car Fleet in Madrid

Ride-hailing service Uber Technologies launched in Madrid on Thursday its first fleet of electric cars. In Spain's capital city, as elsewhere, Uber's service of matching private car owners with passengers has prompted anger among the heavily-regulated taxi sector. The company hopes the introduction of cleaner cars will help improve its image in a city governed by left-wing, environmentally mayor Manuela Carmena, said Carles Lloret, managing director of Uber for southern Europe. Madrid's city administration in November unveiled new measures at combating pollution, from limiting private traffic in the centre to tightening speed limits on access roads. "We want to do things that are in line with what the town hall wants," Lloret said. Regulation and hostility from local taxi firms...

Snapdeal Started Delivery of Hard Cash at Home

22Dec By PriyankaNo Comments

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Snapdeal Started Delivery of Hard Cash at Home

During this demonetisation period, India based e-commerce portal Snapdeal rolled out a new service called Cash@Home – which will allow customers to order cash and get it delivered at their doorstep. The company will be using the cash that it receives through Cash on Delivery (CoD) to operate this facility. It will charge a convenience of Re 1, which can be either paid through FreeCharge or through a debit card at the time of booking the order. A user can request for Rs 2000 per booking and any bank’s ATM card can be used to pay for the cash. The customers are not obligated to order anything else from Snapdeal to access the ‘Cash@Home’ facility. The service is already live in Gurgaon and Bangalore and will be extended to other major cities in the coming days. Snapdeal’s co-founder Roh...

Ola, Uber Welcomed Indian Government Decision on Regulating The Taxi Industry

22Dec By NitishNo Comments

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Ola, Uber Welcomed Indian Government Decision on Regulating The Taxi Industry

Leading ride-hailing firms have praised an Indian policy blueprint on regulating the taxi industry, saying it would offer their app-based services a chance to flourish despite their concerns about price caps. A committee set up by the Ministry of Road Transport and Highways recently published its findings, stating that India needed one regulatory framework for the taxi industry to promote mobility and discourage car ownership. It also said that aggregators, such as Uber, Ola and Meru, should be included under a "fair, uniform and transparent" regulatory framework, along with radio taxis and traditional city taxis. The report's recommendations came against a backdrop of battles with city authorities on issues such as dynamic, or "surge", pricing that the ride hailing firms say they ne...

Gaana, India’s Favorite Music App, Crosses 50 Million Milestone

22Dec By AnkitaNo Comments

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Gaana, India’s Favorite Music App, Crosses 50 Million Milestone

Gaana, India's favorite music app, announced that it has crossed 50 Million app downloads since it was launched, 4 years back. Gaana is now the biggest music and content streaming service in India and is credited with reinventing the music industry by replacing low quality online music with a monthly subscription service with unlimited downloads and listings of over 10 million songs. Gaana has added various unique and innovative features in the recent past which includes original content programming with top celebrities (likes of Asha Bhonsle, Shankar Mahadevan, Ashish Vidyarthi), India's first Facebook messenger music bot, local music integration, localisation of app in 9 languages, mobile wallet integrations, music recommendation engine and seamless playability even at 2G speed which ...

21Dec By AdityaNo Comments

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BBC Launching Services in 4 New Indian Languages, Opening 157 New Jobs

The BBC Worldwide Service today said its plan to launch services in 11 new languages, four of them Indian - Marathi, Telugu, Gujarati and Punjabi - was progressing well and they would be operational by mid-2017. The services in the four Indian languages, which will focus on radio, mobile and video content, will create 157 new jobs, the London-headquartered broadcaster said. Addressing the media at the Mumbai Press Club, Indu Shekhar Sinha, Head of Business Development (Asia Pacific), BBC Worldwide Service, said, "We, as a broadcaster, are going to launch services in Telugu, Gujarati, Marathi and Punjabi with focus on radio services, mobile and video content, thus opening the vacancies 157 new jobs in India. "This is certainly one of our biggest expansions till date and is the part of...

21Dec By AdityaNo Comments

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PayTm Faces Service Outage

Users of e-payments company PayTm today faced difficulties in transacting through the app which the company said was due to some "technical" error. "We are facing some technical issues. We will have it resolved shortly so please try again after some time," an automated message popped up on screen at time of transaction. When contacted, a Paytm spokesperson attributed the outage to challenges the company is facing with sudden jump in number of users and associated traffic. The spokesperson said that Paytm has added 20 million new users in last 40 days taking the total number of registered users with us to 170 million. "Furthermore, we are seeing much higher interaction per user as compared to earlier and are also witnessing continuous increase in the traffic on our platform. At the eve...