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Reliance Retail to acquire 40.95% stake in Just Dial

18Jul By PriyankaNo Comments

ACQUISITION

Reliance Retail to acquire 40.95% stake in Just Dial

Mumbai, Jul 18th, 2021: Reliance Retail Ventures Ltd (RRVL) will acquire a 40.95 percent stake in Just Dial for around $500 million to bolstering its digital services in India. Reliance investment in Just Dial is part of the conglomerate’s digital bet. Over the past many quarters, Reliance has announced a number of investments in companies like Netmeds, Urban Ladder, and others. RRVL the retail arm of Reliance Industries Ltd will also make a public announcement for an open offer for acquiring up to 2.17 crore equity shares of Just Dial (representing 26 percent share in the company), in accordance with Sebi Takeover Regulations, a regulatory filing said. Just Dial founder VSS Mani will continue as Managing Director and Chief Executive Officer to lead the company through the next ph...

5 Data Analytics Trends That Will Define the Decade

20Jul By AnkitaNo Comments

Tech

5 Data Analytics Trends That Will Define the Decade

With everything that’s been going on in 2020, it’s easy to forget that we’re on the cusp of a new decade. Technology continues to advance, and big data keeps getting bigger perhaps even more so now that many people are stuck at home, using the internet to stay connected more than ever before. Data is proliferating at staggering rate humankind will generate more than 175 zettabytes of data by 2025. Over the next ten years, players big and small are expected to seek ways to implement data science to increase profits and improve operations. Data analytics is a fast-growing and rapidly changing field, but these are some of the most important trends data scientists expect to see in the decade to come. 1) More Smart Stuff It seems like you literally can’t even buy a lightbulb these ...

US Presidential Candidate Tulsi Gabbard sues Google for USD 50 million

26Jul By PriyankaNo Comments

USA

US Presidential Candidate Tulsi Gabbard sues Google for USD 50 million

Tulsi Gabbard, the Democratic presidential candidate of the US Congress, sued Google for at least USD 50 million for the tech giant's "discriminatory actions" against her 2020 election campaign and stifling her free speech rights. Gabbard, 38, an Iraq war veteran who has been serving as the US Representative for Hawaii's 2nd congressional district since 2013, said in a lawsuit filed on Thursday in a federal court in Los Angeles, that Google infringed on her free speech when it briefly suspended her campaign's advertising account after the first Democratic debate in June. Tulsi Now Inc, the campaign committee for Gabbard, said Google suspended the campaign's advertising account for six hours on June 27 and June 28, obstructing its ability to raise money and spread her message to poten...

Google will never sell data to 3rd parties: Sundar Pichai, Google CEO

9May By Press Trust of IndiaNo Comments

Entrepreneurs Talk

Google will never sell data to 3rd parties: Sundar Pichai, Google CEO

Google will never sell any personal information of its users to third parties, CEO Sundar Pichai has said, amidst growing global concern over the misuse of personal data by some social media giants. In an opinion piece in The New York Times published on Tuesday, he also said that privacy cannot be a "luxury good" that is only available to people who can afford to buy premium products and services.The 46-year-old Indian-origin CEO of Google said he believed that privacy was "one of the most important topics of our time."People today are rightly concerned about how their information is used and shared, yet they all define privacy in their own ways, he said. "To make privacy real, we give you clear, meaningful choices around your data. All while staying true to two unequivocal policies:...