Instagram launches ‘Remix’ on Reels

To use the feature, users need to find a reel and then tap the three-dot menu on a reel and select Remix this Reel.

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Wipro to acquire Australia's Ampion for $117 million

The Australian market is undergoing significant disruption through the adoption of cloud, DevOps, analytics and resilience-related digital capabilities, across enterprises and public sector entities

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Hitachi leans on Indian talent with $9.6 billion deal to buy GlobalLogic

The acquisition will help the Japanese firm strengthen its digital offerings.

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OnMobile leads $13 million funding in short-video app Chingari

OnMobile will integrate and distribute its direct-to-consumer gaming platform, ONMO, on the Chingari app.

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App Wars

In today's ETtech Morning Dispatch newsletter: Indian govt's mobile app store plan, RBI postpones new rules on storing card details, and InMobi gears up for a public listing.

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Six consortiums apply to RBI for NUE licence for retail payments

This includes consortiums are led by Paytm, India Post and Fintech startup iserveU.

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Private companies can host apps for free on govt's Mobile Seva app store

New features such as feedback and rating systems are being introduced for the existing Mobile Seva app store so that it can be as good as any "commercial app store".

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Zetwerk recognised as a rocket ship in a Harvard's professor report

The list features 389 startups from all around the world as rocket ships.

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India’s first unicorn plans US IPO at value of up to $15 billion

A successful debut could make InMobi the first of India’s unicorns to directly list in a U.S. stock exchange, highlighting the country’s shift beyond information technology and outsourcing services.

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Fujitsu Consulting India enabling internal digital transformation process for Fujitsu

The Indian unit, with over 4,500 people, is working on various areas, systems and process integration to identifying technology areas where it can play a leading role and collaborating with global teams on solving customer problems.

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Airtel partners Firework to offer short video stories to users

As part of the deal, Airtel's flagship app Airtel Thanks will showcase 30-second vertical videos from Firework on its app.

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Springworks launches 'The Shape of Work' podcast to bring together insights from top People Managers on the Future of Work

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To The New announces permanent work-from-home option for all its employees

The decision came as a result of the company's work-from-home run during the lockdown, without any impact on business continuity and client deliveries.

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Hackers leak data of 9.9 cr Indians allegedly from Mobikwik database, company rejects claim

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Facebook to curb hate speech as Indian states go to polls

India is Facebook's biggest market by users. Its WhatsApp chat service is among the most popular in the country, counting around 500 million users alone.

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WhatsApp gets delayed Brazil nod for payments

WhatsApp is only allowed to do peer-to-peer payments, not involving merchants. Facebook is still seeking approval to operate with merchants.

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Coursera to raise about $519 million in U.S. IPO at over $4 billion valuation

Coursera was among the companies to have benefited from a surge in demand for online learning platforms during the Covid-19 pandemic.

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Google to contribute $25 million to new EU fund to fight fake news

The Covid-19 pandemic and the U.S. election last year spurred a massive spike in misinformation, with some blaming social media for not being more proactive in tackling the issue.

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UST’s BlueConch Technologies opens new delivery centre in Ahmedabad, Gujarat

The new centre will allow UST to accommodate growing customer demand for product and platform engineering services.

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WhatsApp must be investigated on whether it is fiddling with private data to distort market competition

While thinking about regulations for large technology companies in India, it is critical to carefully consider the trade-off between allowing access and protecting consumer privacy.

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Startup funding hits two-year high in Q1 at $4.2 billion

Indian startups are clearly emerging strongly from the Covid-19 induced slump in the middle of last year.

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How women content creators are shaking up the BFSI category

How the rise of women content creators in the BFSI category is creating new opportunities for brands in one of the most regulated industries.

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Banned Chinese firm Club Factory may take ‘Force Majeure’ route

BPO companies Cyfuture and Aegis, which had provided customer-care support to Club Factory, have filed separate cases against the company in the Delhi High Court to recover a combined Rs 5 crore.

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Recurring nightmare

In today's ETtech Morning Dispatch newsletter: BillDesk is expected to enjoy a virtual monopoly in processing recurring payments, RBI has tightened its rules for payment companies after several hacks, and pharma majors eye online foray.

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HealthPlix lands $13.5 million funding led by Lightspeed

HealthPlix provides Electronic Medical Record software to medical practitioners. It also gives them clinical decision support and generates e-prescriptions.

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BillDesk strikes it rich amid payments crisis

Co set to monopolise recurring payments market as top banks take SI Hub services

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Grouping in talks to buy Pharmarack

Pharma majors aim to build digital-first distribution biz

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How women creators went from 'Don't feed the trolls' to 'Bleed the trolls' online

Everyone gets trolled on the internet, but the harassment gets disturbingly heightened when directed at women. Now, top women creators are taking trolls head-on

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BillDesk strikes it rich amid payments crisis

Co set to monopolise recurring payments market as top banks take SI Hub services

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Payment companies face tighter RBI norms

To submit compliance certificates twice a year, confirming adherence to data storage norms

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India freezes bank accounts of China's ByteDance in tax case, company mounts challenge- Sources

ByteDance in January cut its India workforce after New Delhi decided to retain a ban on its popular video app TikTok, first prohibited last year following a border clash between India and China. China has repeatedly criticized India's move and said it suspected it was against WTO rules.

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The truth is out there

From Mobikwik's alleged data leak to Nazara's blockbuster IPO debut and Wipro's latest top management hire, here's a quick look at the top tech news today.

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Epic Games complains about Apple to UK competition watchdog

The move by the maker of the popular video game Fortnite is the latest salvo in its bitter battle over Apple's App Store.

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Xiaomi to invest $10 billion in new EV unit over 10 years

The company's move into the EV industry follows similar steps by other tech giants, both in China and overseas.

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Challenges for a CIO in a hybrid workplace will be different: NetApp

The pandemic has accelerated the shift to the Cloud for most companies, and NetApp, which helps enterprises store and share data across different Cloud environments, is seeing customer requirements change.

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PayPal launches crypto checkout service

Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said.

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Asian SPAC listings face stern test as regulators consider rule changes

The trend to list through Special Purpose Acquisition Companies (SPACs) has seen such floats raise $96 billion in the United States this year after a bumper 2020.

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Pine Labs eyes US IPO by March 2022

Pine Labs, which was last valued at $2 billion in December 2020, has begun early-stage discussions with at least four merchant bankers to work on its IPO.

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Wipro names former Walmart, PayPal executive Subha Tatavarti as CTO

Tatavarti’s appointment is one of the key additions to Wipro’s leadership after the recent organisational rejig at the software services major

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Russia says hopes to avoid ban on Western tech giants

Russia's state communications watchdog earlier this month began disrupting Twitter services in Russia, saying the US platform failed to comply with its requests to delete content.

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Mobikwik data breach: Personal data of over 10 crore users allegedly available on sale

The Gurugram-based fintech company continued to deny its role in the leak, calling the researchers that made the breach public “media-crazed” alleging them of presenting “concocted files” as evidence.

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TCS unveils new brand statement as it looks at next decade of growth

The new brand vision encapsulates the active and collaborative role that TCS plays in partnering with customers over the long term.

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Deliveroo IPO puts London's tech credentials to the test

Deliveroo has seen demand soar during the pandemic as restaurants were closed for several months of the last year.

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Teradata bolsters India leadership, appoints Ashok Shenoy as country manager

Shenoy is responsible for leading Teradata’s growth in enterprise-scale multi-cloud data analytics across key verticals including financial services, telcos, manufacturing, public sector and retail.

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WeWork’s plan to go public unlikely to hit India ops

Just like in China and Japan, the office space company’s operations in India are franchised to third parties.

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Adam Neumann's final WeWork act: helping SoftBank's SPAC deal

Neumann also stands to benefit from the SPAC deal as he still has a roughly 10% stake in WeWork, worth around $790 million.

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WhiteHat Jr partners EnduroSat to offer students learning opportunities related to space

The collaboration between WhiteHat Jr and EnduroSat will facilitate applied science opportunities for students who will be able to send commands to, and access data from a satellite operating in space.

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Sony to shut PlayStation Store for PS3, Vita consoles

Sony launched PS3 in November 2006, and more than 80 million units of the console have ben sold to date. Vita has sold over 10 million units.

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US FTC drops anti-trust case against Qualcomm

The FTC first filed a complaint against Qualcomm in 2017, charging that the company has a monopoly in baseband processors.

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Nazara Tech shares list at 81% premium over issue price; Jhunjhunwala stake valued at Rs 656 crore

The recent IPOs have failed to offer any reasonable listing pop on their debuts, but analysts remained largely positive on Nazara.

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