Zomato, Swiggy hike platform fee by 20% to Rs 6 per order
Food delivery giants Zomato and Swiggy shock customers with a 20% hike in platform fees to Rs 6 in key markets like Bengaluru and Delhi. Both platforms had started with a fee of Rs 2 per order, but increased them through the months. Key Points
Economic TimesNew X users will need to pay for posting: Elon Musk
Platform charges new unverified users $1 per year in New Zealand and the Philippines. In a dampener for new X users, Elon Musk has announced they may be charged... Key Points
The Tribune IndiaDrea de Matteo talks about OnlyFans, COVID-19 vaccine and how these change her life
Drea de Matteo has talked about tough times in her life. The actress, subsequently, joined subscription-based platform. Key Points
Economic TimesIAF's C-17 aircraft successfully airdrops heavy platform in a military zone
The trials to airdrop the platform were carried out in three stages. 'The first stage involved inspecting the load outside the aircraft. The second stage involved loading checks of the platform in C17 aircraft and the third stage involved airdrop of the entire system over a selected drop zone. Key Points
FirstpostThe EU Wants to Fix Gig Work. Uber Has Its Own Ideas
The European Union’s platform Work Directive was supposed to settle the employment status of gig workers. Years of lobbying later, workers are losing hope in the process. Key Points
WIRED
Execution-only platforms: What’s new for customers
“The current execution only platforms are only for the direct plans and do not profess to offer any kind of advice. So they will not have to register as an RIA. So this is a new digital platform category which SEBI has created. As far as investors are concerned, they have to understand that they are being given more and more choices today.” Key Points
Economic TimesUS regulator probes Twitter security lapse before Musk took over - Bloomberg News
The U.S. securities regulator is investigating how Twitter managed a 2018 security lapse that exposed personal user information before billionaire Elon Musk bought the social media platform last year, Bloomberg News reported. Key Points
ReutersElon Musk tests new video game streaming feature on X, netizens react ‘RIP Twitch’
Elon Musk's social media platform X tests video game streaming, facing technical issues. The new feature puts Musk's X in direct competition with Amazon-owned game streaming platform Twitch. Key Points
mintX, previously Twitter, reinstates Kanye West's account after 8-month suspension
Kanye West's suspension from X, previously known as Twitter, has been lifted after eight months, according to the Wall Street Journal. West reassured the platform that he would refrain from sharing antisemitic content. Key Points
mintElon Musk reinstates Kanye West's Twitter account after 8 months
Ye's account now shows his last post from Dec. 1, a day prior to when his account was suspended on platform X, the new name owner Elon Musk has given Twitter. | World News Key Points
Hindustan Times/cloudfront-us-east-2.images.arcpublishing.com/reuters/5JSSLJ3RMBNDFNBDB7S7TZFJKU.jpg)
Premier urges Chinese tech giants to support economy as crackdown ends
China on Wednesday sent another strong signal that a years-long crackdown on its tech industry is over as Premier Li Qiang met firms such as Alibaba's cloud unit (9988.HK) and Meituan (3690.HK), and urged them to do more to support the economy. Key Points
ReutersPoshn launches new platform in food and agriculture segment
Poshn, an agri-trading platform, has launched Poshn Nucleus, a technology platform to match a buyers procurement demands with the most likely fulfilment partner. The company aims to onboard more than 300,000 wholesale small and medium-sized enterprises sellers on the platform within the next year. The proprietary technology uses machine learning, data, and analytics to distribute commodities and will enable reverse auctioning, order and payment processing, logistics optimisation and traceability across the value chain. Key Points
Economic TimesLinkedIn eyeing India for its next 100 million members
LinkedIn‘s India business grew by 84% since FY20, and almost quadrupled in size over the past five years. The platform is betting high on the country for its next 100 million members, Ashutosh Gupta, India Country Manager of the California-based professional network and employment platform told The Hindu in an interview. Key Points
The HinduUIDAI, NPCI to set up eKYC aggregator
The Unique Identification Authority of India and the National Payments Corporation of India are collaborating to establish an aggregator platform for electronic KYC (eKYC) which could help thousands of regulated financial players. The Aadhaar-based system lets customers credibility checks for bank accounts and mobile connections take place without paper documents. Key Points
Economic TimesDelhi taxi ban likely to hit ride-hailing apps; Uber writes to LG
Ride-hailing platform Uber has opposed the move in a letter to the Lieutenant Governor of Delhi-National Capital Territory. In its communication, a copy of which has been reviewed by ET, the company said that such movement restrictions are “impractical and hard to execute”. Key Points
Economic Times
Unacademy teacher sacked: What led to the controversy
Online learning platform Unacademy sacked a teacher, Karan Sangwan, who appealed to students to vote for educated candidates. A video of his remarks was widely shared on social media leading to a controversy. Key Points
India TodayElon Musk bids adieu to Twitter; here's what X offers to subscribers…
Elon Musk has rebranded Twitter as ‘X’ with plans to transform it into a super app similar to WeChat. The platform will offer audio, video, messaging, banking, and payment services. Key Points
mintElon Musk plans to make likes, retweets, and reply buttons disappear from X
Elon Musk plans to make likes, retweets, and reply counts less visible on the social media platform X, which he acquired last year. The engagement buttons will be replaced with gestures. However, this change has not been well-received by Twitter users, who are concerned about the impact on gauging post popularity. Musk claims it will improve readability, but will still keep view counts visible. This move has left analysts puzzled, as his actions regarding the platform have been unpredictable. Key Points
Economic Times7 Best CSGO Roulette Sites with Free Coins in 2023
CSGO Roulette offers a unique and exciting way to your in-game skins. Whether you're a seasoned gamer or a newbie, this guide should provide you with the knowledge you need to get started. Key Points
mintX to hold town hall with Donald Trump, Elon Musk says ‘will be interesting’
Social media platform X will host self-styled townhall meetings with Republican presidential candidate Donald Trump and independent candidate Robert F. Kennedy ahead of November 5 presidential elections. Key Points
India Today
X users begin to lose followers as Musk cracks down on bots, trolls
X users on Friday started losing followers as Elon Musk-run social media platform kicked off the exercise to... Key Points
The Tribune IndiaElon Musk's X set to take on YouTube with upcoming TV App, long-form videos
Elon Musk announces long-form videos coming soon to smart TVs via X, aiming to compete with Youtube TV app. X also introduces 'Articles' feature for comprehensive content sharing, as part of its evolution into a video-first platform. Key Points
mintGig workers’ earnings surged 48% during festive season: PickMyWork
Founded in 2019, PickMyWork operates on a pay-per-task model. The platform sources, trains, and manages agents, who act as intermediaries between the companys internet products and potential customers. Key Points
Economic TimesNazara eyes tax crisis-hit real money game companies
The RMG industry is facing a tax demand of more than Rs 1.5 lakh crore, after the government decided to levy a 28% GST on deposits made by users to play a game, instead of on the winnings. Key Points
Economic TimesUS ad revenue at Musk's X declined each month since takeover -data
Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought the company formerly known as Twitter in October 2022, according to third-party data provided to Reuters. Key Points
Reuters
Zomato wants you to shell out Rs 4 for every order. Here's why it is doing that
The new fee, which will be charged from users, rolled in from January 1. In August last year, Zomato had put in Rs 2 platform fee in a bid to improve its margins. It increased it to Rs 3 before doing it again now. Key Points
Business Today