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Facebook stops Huawei from pre-installing its apps on phones

LONDON: Facebook said Friday it has stopped letting its apps come pre-installed on smartphones sold by Huawei in order to comply with U.S. restrictions, a move that deals a fresh blow to the Chinese tech giant.The social network said it has suspended providing software for Huawei to put on its devices while it reviews recently introduced U.S. sanctions.Owners of existing Huawei smartphones that already have

Walmart faces major India test over Flipkart’s legal tiff with Ratan Tata backed startup

An Indian startup's legal challenge against Walmart-owned Flipkart claiming losses caused by sharp discounting of its products is winning support from other online sellers, in what is shaping as a key test of how the giant retailer operates in the country.The legal tussle between GOQii, a seller of smartwatch-type health devices, and Flipkart, comes just months after India imposed stricter rules for foreign

Apple wants developers to place Apple login button above Google and Facebook

Apple will require developers to position a new "Sign on with Apple" button in iPhone and iPad apps above rival buttons from Alphabet's Google and Facebook, according to developer guidelines released this week.The move to give Apple prime placement is significant because users often select the default or top option on apps. And Apple will force apps to offer its button if they want to offer options to login with

Facebook discusses its crypto stablecoin idea with CFTC

San Francisco: Moving forward with its crypto stablecoin initiative, Facebook has ignited a discussion with the US Commodity and Futures Trading Commission (CFTC).According to the Financial Times, CFTC Chairman Christopher Giancarlo confirmed that the agency held "very early stages of conversations" with Facebook, news portal Coin Desk reported on Sunday.The goal of the meeting was to better understand if

After Google and Amazon, US antitrust spotlight turns on Apple and Facebook

The American Federal Trade Commission (FTC) has secured the right to examine how Facebook’s practices affect its digital competition, Wall Street Journal reported on Monday, while a Reuters report said the US justice department is considering probing Apple.The developments form part of a broader US review of whether technology giants are using their size to act in an anti-competitive manner.Shares of

Amazon may fall under FTC’s jurisdiction on the antitrust case

Following an agreement between the Federal Trade Commission (FTC) and the Department of Justice (DOJ), e-commerce giant Amazon could fall under FTC's jurisdiction on antitrust subjects.According to The Washington Post, this "kind of arrangement brokered between the DOJ and the FTC typically presages more serious antitrust scrutiny," The Verge reported on Monday.The news comes after reports broke on Friday

Amazon Pantry is now available in more than 110 Indian cities

To increase the presence in the grocery business, Amazon India a subsidiary of U.S. e-commerce giant Amazon.com has announced that "It has expanded its Pantry business from 40 cities to more than 110 cities in the country in a year."Saurabh Srivastava, Director of Category Management of Amazon India in its statement, said: "As the consumables are the fast-growing category on Amazon.in, and the Pantry has become

Google gets in another controversy, claims of storing the passwords of G-Suite users in plain text for 14 years

After Facebook and Instagram, the U.S. leading search engine giant Google Inc has now joined the controversy by stating that its company too was storing the user's data including the password in plain text for more than 14 years.In an blog by Suzanne Frey, Vice President of Engineering at Google wrote in blog post that "The company was storing the passwords of G- suite users in a plain text for 14 years in its

Walmart to make its first direct pitch to big corporate advert buyers at New York event

Walmart Inc will meet large consumer goods companies and advertising firms for the first time in New York next week to pitch its advertising business, as the world's largest retailer aims to rev up its website and stores as a platform for other companies to reach customers.The event marks Walmart's first effort to grow its nascent advertising business and heralds the retailer's rising challenge to online ad

Huawei reports 39% growth of $27 billion in Q1, despite US pressure on the world and its allies

Huawei Technologies said on Monday its first-quarter revenue jumped 39 percent to 179.7 billion yuan ($26.81 billion), in the Chinese technology firm's first-ever quarterly results.The Shenzhen-based firm, the world's biggest telecoms equipment maker, also said its net profit margin was around 8 percent for the quarter, which it added was slightly higher than the same period last year. Huawei did not disclose