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India’s National Stock Exchange (NSE) privately warned Future Retail it risked regulatory action for not making timely market disclosures about efforts by Amazon.com to block a disputed asset sale, according to e-mails reviewed by Reuters. Future Retail, one of country’s top retailers, has been locked in a bitter dispute with Amazon over its $3.4 billion (roughly Rs.
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Google Search is getting improvements based on language understanding to deliver a conversational experience. This new experience will use context from your recent activity on the search engine to suggest relevant queries you were looking to ask next. The update will also enable Google to provide an easier-to-use experience for people who want to utilise
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Disney’s online store is live in India. ShopDisney.in is now open for orders, and will serve more than 500 cities across India at launch, Disney said, with merchandise drawn from its slate of brands: Marvel, Pixar, Star Wars, and Disney itself. Over 3,000 items are available at ShopDisney.in on launch, including clothing, toys, accessories, and
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Antitrust body Competition Commission of India (CCI) on Friday cleared conglomerate Reliance Industries’ $3.4 billion (or Rs. 24,713 crores) deal to buy Future Group’s retail assets, thwarting Amazon.com’s efforts to block the deal. The Competition Commission of India (CCI) announced its decision in a tweet on Friday, with details likely to be made public later.
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The European Union’s digital chief has invited companies including Alphabet, Apple, Amazon, and Facebook to video talks next week to discuss draft rules to curb their powers, an EU official said on Thursday. Tech companies and online platforms have lobbied intensively to try to blunt the proposed regulatory rules, which the Internal Market Commissioner Thierry
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Opera is integrating a Player feature on its desktop browser that will give users quick access to music streaming platforms like Apple Music, Spotify, and YouTube Music. The new Player feature can be accessed in the browser’s sidebar, below the Messengers section. Playback can be controlled with standard playback buttons on the keyboard or by
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Bitcoin on Tuesday soared to its highest level since December 2017 as the asset’s perceived quality as a hedge against inflation and expectations of mainstream acceptance lured institutional and retail demand. The largest cryptocurrency in terms of market capitalisation climbed to $17,868 (roughly Rs. 13,27,300), its highest level since December 20, 2017, and was last up
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Amazon on Tuesday launched an online pharmacy for delivering prescription medications in the United States, increasing competition with drug retailers such as Walgreens, CVS and Walmart. Called Amazon Pharmacy, the new store lets customers price-compare as they buy drugs on the company’s website or app. Shoppers can toggle at checkout between their co-pay and a non-insurance
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Technology companies’ services could be banned from the European market if they do not follow European Union regulations, Europe’s industry chief Thierry Breton told German weekly Welt am Sonntag, as the European Commission finalises rules on internet companies. Breton will announce new draft rules known as the Digital Services Act and the Digital Markets Act
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Alphabet CEO Sundar Pichai has apologised to Europe’s industry chief Thierry Breton over a leaked internal document proposing tactics to counter the EU’s tough new rules on internet companies and lobby against the EU commissioner. Pichai and Breton exchanged views in a video-conference call late on Thursday, the third this year, according to a statement
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Alphabet’s Google and the US Justice Department have failed to reach agreement over a protective order for third parties like Microsoft that provided data to the government for its lawsuit against the search and advertising giant. Google is pressing for two in-house attorneys to have access to the confidential data while the Justice Department and state attorneys
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Disney+ Hotstar now has over 18.5 million paid subscribers, taking the global subscriber base of Disney+ up to 73.7 million. Disney’s senior executive vice president and chief financial officer Christine McCarthy revealed those numbers during the entertainment giant’s quarterly earnings call on Thursday. Disney+ and Disney+ Hotstar added over 16 million subscribers this past quarter
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