Internet

Yandex, Russia’s Biggest Internet Search Engine, Trumpets Fastest Growth in 6 Years

Russia’s biggest Internet search engine Yandex has registered its fastest growth in six years, it said on Monday as the company raised its 2018 revenue forecast, lifting its share price by almost 8 percent. The company, which competes with Google and Mail.Ru, said it expects 2018 revenue to grow by 35-38 percent in rouble terms, up from a previous forecast […]

Internet

Germany’s ProSieben Buys US Online Dating Site eharmony

Germany’s ProSiebenSat.1 Media said on Monday it had bought US online dating site eharmony, in the first significant deal since it carved out a new e-commerce joint venture with General Atlantic. The acquisition of eharmony, which was founded in 2000 in Los Angeles and expects to register 2.8 million new users this year, complements ProSieben’s own […]

Internet

Google Parent Alphabet Keeps Ad Growth in Mixed Quarter

Google parent Alphabet said Thursday its third-quarter profit rose 36 percent to $9.2 billion (roughly Rs. 67,000 crores), fueled by gains in digital advertising delivered online and on smartphones. Profits were better than expected for the US technology giant, while revenues fell short of forecasts, rising 21 percent to $33.7 billion (roughly Rs. 2.47 lakh crores) in the […]

Internet

Amazon Workers Split as Company Raises Minimum Wage

Almost no workers clapped this week at the all-hands meeting after lunch at this Amazon fulfilment centre outside Nashville when a plant manager announced that the company’s minimum wage was climbing to $15 (roughly Rs. 1,100) an hour. Instead of celebrating, many workers put their hands up to ask questions and express deep frustration, according to five […]

Internet

eBay Alleges Amazon Poached Sellers From Its Platform

eBay on Wednesday accused Amazon.com of trying to poach sellers for its own platform through eBay’s internal messaging system. “We have uncovered an unlawful and troubling scheme on the part of Amazon to solicit eBay sellers to move to Amazon’s platform,” eBay said, adding that it had sent a cease-and-desist letter to Amazon on Monday. “We have demanded […]

Internet

Inside Wayback Machine, the internet’s time capsule

At 300 Funston Street in San Francisco’s Richmond District, there’s an old Christian Science church. Walk up it’s palatial steps, past Corinthian columns and urns, into the bowels of a vaulted sanctuary — and you’ll find a copy of the internet. In a backroom where pastors once congregated stand rows of computer servers, flickering en […]

Internet

WhatsApp Co-Founder Acton Clashed With Zuckerberg, Sandberg Over Monetisation: Report

WhatsApp co-founder Brian Acton had disagreements with Facebook Chief Executive Mark Zuckerbergand Chief Operating Officer Sheryl Sandberg over monetisation of the messaging service before he left the company, according to an interview with Acton published by Forbes on Wednesday. Facebook-owned Instagram’s co-founders Kevin Systrom and Mike Krieger were the latest senior executives to leave the social media company on Monday, with many media […]

Internet

UK Planning to Set Up Internet Regulator, Report Says

The UK government is working on plans to set up an Internet regulator, Buzzfeed News reported on Thursday. The regulator would, if established, hold technology companies accountable for content published on their websites and sanction sites if they failed to take down illegal material and hate speech within hours, the report said. Buzzfeed said it had obtained […]

Internet

‘Google One’ Paid Storage Model to Coming Soon to India

Google One, the subscription-only model of Google Drive that arrived in the US last month, is now making way to India. Google has confirmed the expansion of the Google One model through a blog post. The new cloud storage model by the search giant was announced as an invite-only beta back in May. It offers paid Google Drive storage plans at lower […]

Internet

Field Solutions Group unveils two ISP towers to better connect farmers to the internet

Farmers who live outside the township of Moree will now have access to faster broadband speeds and better internet connectivity, after the Red Mill Tower was unveiled on Friday. “Any farmer who lives within an 18 kilometre radius of the tower will be able to access better and faster internet,” Field Solutions Group regional project […]