Wendy's partners with Rebel Foods to open 250 cloud kitchens in India

Rebel Foods will partner with Sierra Nevada Restaurants, which holds India master franchisee for Wendy's, to develop and operate the US-based fast-food chain's cloud kitchens in the country.

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Zoom's margins dented by booming free user base, cloud costs

Zoom said it had 433,700 customers with more than 10 employees, a 485% increase from a year-ago period but only a 17% increase from the previous quarter.

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Can a startup mentality save small businesses?

Small businesses are employing a strategy similar to the “fail fast” approach well known in startup culture.

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As placements go virtual, Cohesity may emerge as the top paymaster at IITs

Officials from leading campuses told ET that the San Jose-based company will offer salaries of $200,000 (Rs 1.48 crore) per annum on a cost-to-company basis to the selected students for US roles, which is the highest package for the Class of 2021 so far.

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Consumers going back to credit cards as inquiries exceed October '19 levels: Transunion Cibil

Social distancing rules have forced consumers to rethink how they spend, with digital payments becoming an increasingly attractive. This shift in mindset is reflected in the growth in outstanding balances. Credit card outstanding balances increased by 32% y-o-y in July 2020. This compares to a 33% y-o-y increase in balances at the same time last year.

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Stack Overflow signs strategic partnership with Times Bridge

Times Bridge said it will be Stack Overflow's sales partner in India and will introduce the product to enterprises across a wide range of sectors

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Indian SaaS firms set to rake in $18-20 billion revenues by 2022: Report

Growth driven by lower staff costs, abundance of talent, round-the-clock customer service and a wide acceptance of products built by Indian entrepreneurs, the report said.

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Swiggy gives Twitterati much to chew on

The food delivery app was caught in a crossfire for its response to a satirical post on the ongoing farmer protests

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Amazon, Apple stay away from new French initiative to set principles for Big Tech

French President Emmanuel Macron has sought for the past three years to cajole tech giants into collaborating with governments on a series of global challenges such as fighting hate speech online, preserving privacy or contributing to state coffers.

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Cred raises $80 million in funding at $800 million valuation

This marks a significant bump up from the $450 million valuation at which it conducted its previous funding exercise of $120 million in August last year.

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Facebook to buy customer service startup Kustomer

Kustomer allows businesses to aggregate customer conversations from various channels into a single-screen, and also to automate some of the responses to buyers. The firm already offers its services on Facebook Messenger and Instagram.

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Ananth Technologies signs JV to build, launch satellites from India

Ananth is the first Indian company to tap the global market after India opened up its space sector, allowing private firms to build satellites and rockets and offer space services from the country.

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Government is working to create 5 crore additional jobs in MSME sector: Nitin Gadkari

Gadkari was speaking at the 2020 Horasis Asia Meeting.

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Smart Dubai Looks To Collaborate With Smart Innovators From India

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Paytm Money launches IPO investments for retail investors

The company is leveraging the convenience of UPI infrastructure to offer a faster turnaround time reduced to 3-4 days for completion of the entire process.

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Route Mobile eyes two acquisitions to strengthen its offerings

These acquisitions will be in areas of conversational artificial intelligence and virtual contact centre, Route Mobile chief executive said.

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Eightfold AI raises $125 million Series D funding led by General Catalyst

The company brings together billions of anonymized data points, algorithms and domain expertise required to make a reliable, scalable impact for enterprise-scale organizations.

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Ola ropes in GM veteran to manufacturing, operations for electric business

Pinheiro would spearhead Ola's ambition to build manufacturing facilities starting with one of the largest scooter factory, and then expanding to multiple such facilities across India.

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Smartworks eyes aggressive growth on the back of growing demand for flexible office space

The company is looking at organic and inorganic initiatives to double its seat capacity to 1,30,000 pan-India and clock a revenue of Rs 1,000 crore by FY 2022-23.

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Technology to play a major role in determining the functioning of office: Experts

Office tech will have to provide the next level of convenience and collaboration that may not be easily possible at home, experts said.

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Kyt raises $2.5 million in funding from Surge

The company plans to increase its teacher base to 500 over the next 12 months and add more courses

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India moving fast on hybrid cloud adoption: IBM

​​IBM is betting big on hybrid cloud to drive the next wave of growth, bolstered in large part by its acquisition of Red Hat a few years ago.

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Let's Dive lands $1.7 million in funding led by Sequoia Capital India's Surge

The funding round also saw participation from Village Global and angel investors like Ravish Naresh, founder of Khatabook, and Sai Srinivas, cofounder of Mobile Premier League among others.

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CAIT writes to PM Modi, alleges violation of FDI norms by e-commerce companies

In the letter to the Prime Minister, the Confederation of All India Traders (CAIT) claimed that "big e-commerce companies having deep pockets are leaving no stone unturned in monopolising the e-commerce business and retail trade of India with their malpractices and violating FDI policy of the government and relevant laws and rules".

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US, UK and Australia among top markets for Indian sellers exporting products on eBay

During the five days window of Black Friday and Cyber Monday, Indian sellers experience a spike in the volume of orders and sales, and the holiday shopping continues till Christmas.

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Joint parliamentary committee split over draft data privacy law, govt access

Concerns raised over govt powers to access citizen data without consent, inclusion of non-personal data and missing judicial participation in the selection of regulatory body head

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New govt rules may narrow earnings of app taxi firms like Uber, Ola

These rules come amid a slowdown due to the pandemic, with Uber and Ola estimated to be operating at under 50% in terms of rides compared with pre-Covid-19 levels

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Big relief for mid-scale companies, government postpones QR code requirements to March end next year

The government on Sunday said that it is postponing the requirement to generate and then use QR code for all business to customer (B2C) transactions.

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Apple suppliers’ exodus from China won’t slow down under Joe Biden

Apple Inc., the largest of the many tech giants that rely on Chinese factories to make their gadgets, will move some production of its iPads and MacBooks to Vietnam. Key assembly partner Hon Hai Precision Industry Co., known also as Foxconn, has allocated $270 million in new investments to the Southeast Asian country.

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Sensible entrepreneurs will take the least risky route to a goal, says Sanjeev Bikhchandani

Bikhchandani said that entrepreneurs don't take higher risks just because they can.

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Founders, investors must focus on creating businesses that upset the status quo, says Sharad Sharma

Sharma called for pursuing passion over fashion for business leaders which means rather than following the herd and emulating what the trend is.

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Work from home has made workday of Indians 32 minutes longer

A survey of 65 countries by workplace software developer Atlassian found that people across the world were starting remote work earlier and logging off much later. Israelis added 47 minutes to their average workday while Indians spent 32 minutes more at work in April and May as compared to the beginning of the year, as did Australians and Americans.

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View: The change of guard in the US is an opportunity to enforce true accountability over the internet industry​​​​​

Public opinion has shifted dramatically over the past three years to the extent that in 2020, people believe that big tech exerts far too much monopoly power over the rest of society.

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US online sales surge to near-record on 'Black Friday'

Notably, some 40 percent of sales were conducted over smartphones, and many consumers supported small businesses. Their sales jumped by 545 percent Friday compared to the average day in October. Adobe said 38 percent of consumers said they planned to support smaller local businesses ahead of the year-end holidays.

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Tech-based realty platforms to raise more funds for investment in commercial assets

Hbits, which invests money raised from individuals to commercial assets, said that it is in the process to raise Rs 500 crore by December 2021 to invest in commercial real estate properties rented out to multinational companies.

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Tech-led jobs platform Awign raises funds from Michael and Susan Dell Foundation and others

Set up by Annanya Sarthak, Gurpreet Singh and Praveen Sah in 2016, Awign has worked with over 1.5 lakh people, and grown 25x in the last 2 years. Currently, it manages a diverse fleet of trained gig workforce across more than 7,000 pin codes in India.

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Big Basket lost 80% of workforce within 2 days of lockdown, bounced back with resilience: CEO

"After losing 80 per cent of the workforce for two days, we were really dumbstruck as orders poured in, we hired 12,300 people in 16 days - through this we demonstrated the power of resilience," he said.

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Zappos co-founder Tony Hsieh dies at 46

Hsieh recently retired from Zappos after 20 years leading the company. He worked to revitalize the Las Vegas area.

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Ather Energy discontinues Ather 450 scooter, replaces it with 450X, 450 Plus trims

With the introduction of Ather 450X and Ather 450 Plus, the company is now looking forward to delivering new products across all cities.

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Facebook partners with Sony to show highlights, moments from India Tour of Australia

Facebook has entered into a digital content partnership with Sony Pictures Networks India (SPN), which will allow the Menlo Park-headquartered social media network to stream exclusive content from the Indian national cricket team’s tour of Australia.

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Battle of the billionaires: Bezos, Ambani gun for India retail supremacy

The outcome of a legal dispute which has embroiled the billionaires' Amazon.com and Reliance Industries Ltd empires - where a court ruling is imminent - may shape India's retail landscape for years to come.

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Sequoia-backed Seekify to merge with skilling platform SafeJob

The company claims to have 2-3 lakh registered users so far, of which around 50,000 have been trained and about 3,000-5,000 people have been placed.

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Agritech startup Farmkart to raise Rs 90 crore financing for pan-India expansion

Farmkart's tech solutions are designed for non-tech savvy farmers providing them with fertilisers, pesticides, fungicides, seeds, farm equipment, among others at their doorsteps with no delivery cost.

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Techies across the country nudged to work with government on societal problems

Under the programme — called Indian Administrative Fellowship (IAF) — technologists would be trained by bureaucrats and mentored by people such as Nilekani, and RedBus founder and former CIO of the Telangana government, Phaninder Sharma.

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Bitcoin extends decline after biggest slump since pandemic hit

Crypto believers tout a broadening investor base and the search for a hedge against dollar weakness as reasons for a durable boom. Critics point to a history of big swings, including a spectacular boom and bust three years ago.

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Facebook’s AI mistakenly bans ads for struggling businesses

Facebook has been automating content moderation for years, a transition it highlights in a quarterly report detailing how much content the company removes.

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Tesla could widen release of 'self-driving' software in two weeks

In October, Tesla released a beta, or test version, of what it calls a "Full Self Driving" software upgrade to an undisclosed number of "expert, careful" drivers.

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Pushed by pandemic, Amazon goes on a hiring spree without equal

The hiring has taken place at Amazon’s headquarters in Seattle, at its hundreds of warehouses in rural communities and suburbs, and in countries such as India and Italy.

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Resilience, doing more with less helped us during COVID-19: BigBasket CEO

BigBasket co-founder and CEO Hari Menon said the company hired over 12,000 persons in 16 days to meet the surge in demand as a large number of people started turning to digital platforms to shop for grocery items amid the lockdown.

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Female passengers can avail ride pooling on Uber, Ola only with other lady commuters

These guidelines will provide a guiding framework to the state governments to consider issuing licences as well as regulating the business being conducted by such aggregators.

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