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Archives for February 2019
Grofers raises fresh funds from existing investors, valuation hits $425M
Grocery delivery startup, Grofers has raised around $60 million in fresh capital from Softbank Vision Fund (SVF), the first tranche of a larger $120-140 million funding round that the company is stitching together. ET had first reported about the financing round in its October 29, edition last year. As reported at the time, SoftBank has […]
Government’s anti-counterfeit measures may bring down cost of original products
The anti-counterfeit measures proposed in the recently released draft national e-commerce policy are being hailed as a step in the right direction by the industry and online sellers. Industry insiders and sellers ET spoke to said that save for a few issues, the government’s anti-counterfeit measures would help in stemming the sale of fake products […]
Can the IoT save the high street? Yes, if it concentrates on the basics
Like anyone who wants to keep up with IoT fashions, says freelance technology writer, Nick Booth, I spend a lot of time shopping for ideas. I don’t care how many boxing day sales riots you’ve witnessed, you haven’t seen crowd madness until you’ve experienced ‘FIRA Frenzy’ at the annual Mobile World Congress in Barcelona. This vast, out-of-town emporium now seems […]
JD.com beats Q4 estimates with 22.4% revenue growth
JD.com, China’s second largest e-commerce firm, reported a 22.4% rise in fourth-quarter revenue on Thursday, beating analyst estimates on the back of stronger online retail sales and sending its U.S.-listed shares up 8%. The results, boosted by the company’s November sale promotions, defy a wider drop-off in consumer spending in China in recent months. The […]
PolicyBazaar-owned DocPrime touches 1 million unique visitor milestone
DocPrime, the healthcare business launched by EtechAces Marketing and Consulting, the parent of online insurance aggregator PolicyBazaar, has seen one million unique visitors on its platform, the six-month-old venture announced on Wednesday. According to a statement by the venture, millennials and digital natives between the age group of 18-25 and 25-30 form the highest segment […]
BlackBerry sues Twitter for patent infringement
BlackBerry on Wednesday filed a patent infringement lawsuit accusing Twitter of illegally using technology in its mobile messaging applications that had been developed by the former smartphone maker. The lawsuit said Twitter wrongly sought to compensate for being a “relative latecomer” to mobile messaging by co-opting Blackberry’s inventions for such services as the main Twitter […]
Some Facebook content reviewers in India complain of low pay, high pressure
On a busy day, contract employees in India monitoring nudity and pornography on Facebook and Instagram will each view 2,000 posts in an eight-hour shift, or almost four a minute. They are part of a 1,600-member team at Genpact, an outsourcing firm with offices in Hyderabad that is contracted to review Facebook content. Seven content […]
New device modeling experience in Azure IoT Central
On the Azure IoT Central team, we are constantly talking with our customers to understand how we can continue to provide more value. One of our top pieces of product feedback has been for a clearer device modeling experience that separates the device instance from the device template. Previously, viewing the device and editing the device template took […]
Creating IoT applications with Azure Database for PostgreSQL
There are numerous IoT use cases in different industries, with common categories like predictive maintenance, connected vehicles, anomaly detection, asset monitoring, and many others. For example, in water treatment facilities in the state of California, IoT devices can be installed in water pumps to measure horse power, flow rate, and electric usage of the water […]