The Facebook-Apple war intensified when the social networking giant issued full-page newspaper ads once again, claiming that Apple's iOS 14 privacy changes "will change the internet as we know it". The new Facebook ad said that Apple privacy policies will force websites and blogs "to start charging you subscription fees" or add in-app purchases due to a lack of personalised ads, reports The Verge. With full-page ads in leading US publications, Facebook is apparently trying to convince regulators to look at Apple's privacy changes. Reacting to the first lot of full-page newspaper ad by Facebook that criticised Apple for its privacy changes, Apple said that users should know when their data is being collected.
Facebook CEO Mark Zuckerberg on Tuesday said its partnership with Jio Platforms will help support millions of small businesses in India. Zuckerberg made the remark during a conversation with Mukesh Ambani, Chairman and Managing Director, Reliance Industries at the first Facebook Fuel for India 2020 event. Ambani said that technology will democratise wealth and value creation for individuals and small businesses in India. Watch the video to see full conversation.
A kiss, a love story, meat on the table? It's not clear what can offend people's sensibilities. They are all over social media, filing public interest litigation (PILs) and are issuing calls to ban, maim or kill a film, show, or a celebrity every other day. Will a content code stop them? Should we be afraid that the regulation their clamour pushes through will inhibit the wonderfully different programming on offer by streaming brands such as Netflix, Amazon Prime Video or Voot? Why aren’t Google, Facebook, YouTube et al a part of this regulatory sweep? The first part of a series looks at streaming video as a regulatory regime for online content is being put in place. As the government and industry frantically put together a regulatory architecture around digital (entertainment) content, Business Standard's Vanita Kohli-Khandekar analyses three main questions that arise.
As the world is watching India for cheap and safe Covid-19 vaccine as soon as possible, how much the country is ready to deliver on promises, with challenges galore? Despite having one of the largest universal immunization programmes (UIPs), lack of cold chain may prove to be one of the biggest challenges for India in Covid-19 vaccine distribution. Watch the video to get a sense of the where we stand on vaccines today.
Serum Institute of India CEO Adar Poonawalla said that the coronavirus vaccine will be distributed initially in India and then the company will look at Covax countries, which are mainly in Africa. Serum Institute of India (SII) is conducting clinical trials of AstraZeneca-Oxford's COVID-19 vaccine candidate in India. Watch the full interview.
Global drugmakers Pfizer and BioNTech have said that their Covid-19 vaccine was found 95 per cent effective in the final analysis of the Phase 3 trial, including in people aged over 65 years, paving the way for the companies to apply for emergency authorisation from US regulators within days. Based on current projections, the companies expect to produce globally up to 50 million vaccine doses in 2020 and up to 1.3 billion doses by the end of 2021. The major announcement comes just two days after leading biotechnology company Moderna said on Monday its virus vaccine had an efficacy rate of 94.5 per cent. But will the Pfizer vaccine be available in India? Watch the video >
Coronavirus vaccine update: World Health Organisation (WHO) director-general A G Tedros has said that a vaccine by itself will not stop coronavirus pandemic. He explained that a vaccine will complement the other tools we have, but will not replace them. The statement has come at a time time when US-based biotech giants Moderna claimed its vaccine is 94.5% effective. So, taking both claims into account, can we say that we are on track to checkmate the pandemic by 2021?
The government yesterday approved a Production-Linked Incentive (PLI) scheme for ten key sectors, including telecom, automobiles and pharmaceuticals, taking the total outlay for such incentives to nearly Rs 2 trillion over a five-year period. The scheme will help encourage domestic manufacturing, reduce imports and generate employment as the government works to bolster economic growth. The financial outlay for the new scheme will be Rs 1,45,980 crore.
Qualcomm and Reliance Jio have announced they have aligned efforts on 5G in order to fast-track development and rollout of indigenous 5G network infrastructure and services in India. The latest progress on the 5G product portfolio neatly dovetails into Jio's overall plans to develop homegrown 5G telecom solutions, as was outlined by Reliance Industries' Chairman Mukesh Ambani at the company's annual general meeting in July this year.
It’s that time of the year when the people fast and feast, give and take, spend and splurge. Navratris or nine nights have begun and in the run up to Diwali, the biggest festival for the Indian retail industry too. Shopping and gifting form an essential part of the celebrations. However, COVID-19 pandemic has fundamentally changed the world as we know it. People are living differently, buying differently and in many ways, thinking differently. Are they buying local, will it be an e-commerce led Diwali? Will there be new product categories owing to changing needs and aspirations? What will be the key trends in festive gifting? To answer this and more, we have with us one of the most credible voices in Indian retail industry, Mr Arvind Singhal - Chairman & Managing Director - Technopak Advisors
High levels of air pollution in Delhi is a year-round problem, which can be attributed to unfavourable meteorological conditions, farm fires in neighbouring regions and local sources of pollution. Chief Minister Arvind Kejriwal, however, has announced 'some bold measures' to control the pollution level this time. Only time will tell whether we witness a cleaner capital or a gas chamber again this winter.
The British luxury automobile maker aims to beat the current world record of all-electric flight and plans to fly the first plane later this year. Watch video for more.
In this special Business Standard webinar, the biggest names in India's mutual fund industry discuss if the market running ahead of the economy >
In this special Business Standard webinar, India's biggest leaders in financial technology space discuss the importance of digital technology for the financial services sector
In this special Business Standard webinar, India's biggest leaders in banking and financial services discuss whether and how rural India could prove to be the next growth driver >
Mumbai, May 19 (ANI): Equity benchmark indices rebounded during early hours on Tuesday in line with global cues with metal and auto stocks gaining ground. At 10:15 am, the BSE S-P Sensex was up by 536 points or 1.78 per cent at 30,565 while the Nifty 50 edged higher by 159 points or 1.8 per cent at 8,982. Except for PSU bank, all sectoral indices at the National Stock Exchange were in positive zone with Nifty metal and auto up by 1.7 per cent each, private bank by 1.5 per cent and pharma by 0.7 per cent. Among stocks, telecom major Bharti Airtel gained by 7.9 per cent to Rs 580.90 per share despite reporting a net loss of Rs 5,237 crore in the January to March quarter.
Mumbai, May 18 (ANI): Equity benchmark indices traded in the negative territory during early hours on Monday as the country extended nationwide lockdown till month-end to curb the spread of coronavirus pandemic. Besides, the government announced a final set of measures under its stimulus package to revive the economy and make India a self-reliant nation. At 10:15 am, the BSE S-P Sensex was down by 692 points or 2.22 per cent at 30,406 while the Nifty 50 edged lower by 205 points or 2.24 per cent at 8,932. All sectoral indices at the National Stock Exchange were in the red with Nifty private bank down by 5.1 per cent, PSU bank by 4.5 per cent and financial service by 4.3 per cent. Among stocks, IndusInd Bank was down by 6.5 per cent to Rs 391.40 per share while ICICI Bank slipped by 6.4 per cent, Axis Bank by 5.7 per cent and State Bank of India by 4.1 per cent. Auto majors Maruti Suzuki and Tata Motors skidded by 3.7 per cent and 3.6 per cent. However, those which gained with thin marg
New Delhi, May 15 (ANI): Finance Minister Nirmala Sitharaman on May 15 announced Rs 10,000 crore scheme for the formalisation of Micro Food Enterprises (MFE). "The scheme promotes PM's vision of 'Vocal for Local with global outreach'," she further added. Finance Minister unveiled the third tranche of the Rs 20 lakh crore COVID-19 economic package announced by Prime Minister Narendra Modi on May12.
New Delhi, May 15 (ANI): Union Finance Minister Nirmala Sitharaman on May 15 announced that the central government will amend the Essential Commodities Act to enable better price realization for farmers. In a press conference, Sitharaman said, "Government to amend the Essential Commodities Act to enable better price realization for farmers; agriculture products including cereals, edible oils, oilseeds, pulses, onions and potatoes to be de-regulated."
Mumbai, May 14 (ANI):Equity benchmark indices traded nearly 1.5 per cent lower during early hours on Thursday amid weak global cues after US Federal Reserve Chairman Jerome Powell warned of extended economic weakness due to the coronavirus pandemic. Besides, a top World Health Organisation official said the virus may never go away. A day earlier, Finance Minister Nirmala Sitharaman gave out break-up for a part of the Rs 20 lakh crore economic stimulus announced by Prime Minister Narendra Modi. But that did not seem to cheer investors. At 10:15 am, the BSE S and P Sensex was down by 497 points or 1.55 per cent at 31,512 while the Nifty 50 edged lower by 136 points or 1.45 per cent at 9,248. Except for Nifty FMCG and pharma, all sectoral indices at the National Stock Exchange were in the negative zone with Nifty IT down by 2.3 per cent, auto by 1.6 per cent and financial service by 1.4 per cent. Among stocks, Tata Motors lost by 4 per cent to Rs 83.70 per share and Mahindra and Mahindra