Technology

Amazon’s fresh $1B investment in India is not a big favor, says India trade minister – TechCrunch

Amazon’s fresh $1B investment in India is not a big favor, says India trade minister – TechCrunch

India’s trade minister isn’t impressed with Amazon’s new $1 billion investment in the country. A day after Amazon chief executive Jeff Bezos announced that his company is pumping in an additional $1 billion into its India operations, making the total local investment to date to $6.5 billion, the nation’s trade minister Piyush Goyal said Amazon’s […]

Google brings IBM Power Systems to its cloud – TechCrunch

Google brings IBM Power Systems to its cloud – TechCrunch

As Google Cloud looks to convince more enterprises to move to its platform, it needs to be able to give businesses an onramp for their existing legacy infrastructure and workloads that they can’t easily replace or move to the cloud. A lot of those workloads run on IBM Power Systems with their Power processors and […]

India orders investigation into alleged anti-competitive practices by Amazon and Walmart’s Flipkart – TechCrunch

India orders investigation into alleged anti-competitive practices by Amazon and Walmart’s Flipkart – TechCrunch

India ordered a large-scale investigation into Flipkart and Amazon India on Monday after a retail trade group alleged that the e-commerce giants were indulging in anti-competitive practices to gain foothold in the country. Competition Commission of India (CCI), the local antitrust body, highlighted a wide gamut of issues including the arrangements between smartphone vendors and […]

Amazon fires employees for leaking customer email addresses and phone numbers – TechCrunch

Amazon fires employees for leaking customer email addresses and phone numbers – TechCrunch

Amazon has fired a number of employees after they shared customer email address and phone numbers with a third-party “in violation of our policies.” The email to customers sent Friday afternoon, seen by TechCrunch, said an employee was “terminated” for sharing the data, and that the company is supporting law enforcement in their prosecution. Amazon […]

Cross-border investments aren’t dead, they’re getting smarter – TechCrunch

Cross-border investments aren’t dead, they’re getting smarter – TechCrunch

Yohei Nakajima Contributor Yohei Nakajima is an investor at Scrum Ventures, an early-stage venture capital fund based in San Francisco, and Senior Vice President at Scrum Studio, helping global corporations connect and work with innovative startups. In recent years, the venture capital and startup worlds have seen a significant shift towards globalization. More and more […]

Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field – TechCrunch

Paytm targets merchants to fight back Google and Walmart in India’s crowded payments field – TechCrunch

Paytm today announced two new features for businesses as the financial services firm looks to expand its reach in the nation that has quickly become one of the world’s most crowded and competitive payments markets. The Noida-headquartered firm, which raised $1 billion in late November, said its app for businesses now features an “all-in-one” QR […]

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