Google invests billions in defaults (and that's illegal): DOJ
India's software export = $170Bn+ market; FB logins are disappearing
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Google pays billions of dollars each year to Apple, Samsung and other telecom giants to illegally maintain its spot as the No. 1 search engine
“Google invests billions in defaults, knowing people won’t change them” [DOJ]
A DOJ antitrust action against Google could see Apple lose billions of dollars a year from its Services revenue (estimated to be $18-20B).
India to control which lending apps are permitted to app stores
RBI will prepare a “whitelist” of all legal apps and the nation’s IT ministry will ensure that only whitelisted apps are hosted on app stores.
Tarantino and Miramax Settle Copyright Lawsuit Over “Pulp Fiction” NFTs
Last fall, movie director Quentin Tarantino announced that he would auction ‘Pulp Fiction’ NFTs to the public. The film studio accused the director of using copyrighted materials, including the screenplay, without owning all the rights.
Gaana turns to subscriptions after buyout talk with Airtel failed
Tencent-backed Indian music streaming app Gaana has switched to a paid subscription model to avoid closing down after failing to secure fresh funds or find a buyer, according to an email sent to some music partners seen by Reuters.
Updates from UnPluggd conf:
UnPluggd's Startup Launch stage application is open now
ONDC CEO, T Koshy is speaking at UnPluggd.
Grab your early bird discount (code: ICECREAM). Ticket prices will increase on Monday.
United Airlines set to add 500 electric flying taxis to its fleet
United Airlines ordered 200 flying taxis and has an option for another 200. It expects to start receiving Eve’s four-seater electric vertical take-off and landing vehicle as soon as 2026.
Fake crypto websites posing as popular exchanges are duping investors
Cybercriminals are reportedly using fake versions of popular websites such as Coinbase, Gemini, Kraken, and MetaMask in an attempt to drain the bitcoin wallets of victims dry.
Amazon Web Services ties up with India’s public sector
Amazon Web Services said that the government of Telangana was working with AWS to advance its Cloud Adoption Framework to improve the scale and efficiency of its citizen service delivery for its 40 million residents.
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India’s exports of software services grew to 88.8% during 2021-22 fiscal
Total exports of software services, including services delivered by foreign affiliates of Indian companies, increased by 15.9% during 2021-22 and stood at $171.9 billion.
AI-powered robot becomes CEO of Chinese metaverse company
Chinese metaverse corporation has named a robot as its CEO, a move that has people excited, while also creating a little fear.
Indian govt is set to release stringent guidelines for social media influencers
The Central government plans to release new guidelines for social media influencers, including hefty fines for failing to disclose paid promotions.
Tata Group enters into discussion about iPhone manufacturing in India
Tata Group is in talks with a Taiwanese supplier to Apple Inc. to establish an electronics manufacturing joint venture in India, seeking to assemble iPhones in the South Asian country.
Disney+ releases its first AR-enabled short film, ‘Remembering,’ starring Brie Larson
In years past, Disney has created a number of AR experiences, but this is the first AR app that connects directly to content on the Disney+ platform
Ather 450X electric scooter owner fined for no Pollution Under Control certificate
Traffic police have issued a challan for not having a valid Pollution Under Control or PUC certificate to an electric scooter owner
Big brands are removing Facebook login button from their websites amid privacy concern
Companies like Dell have been removing social logins from their website. The disappearing login is the latest sign of Facebook’s diminishing influence on the internet.