Facebook, Twitter, Tiktok legally bound to reveal info if Indian govt asks

Facebook, YouTube, Twitter and TikTok will have to reveal users’ identities if Indian government agencies ask them to, according to the country’s controversial new rules for social media companies and messaging apps expected to be published later this month. The rules cover all social media and messaging apps with more than 5 million users.

And Now, A Movie on NRN, Sudha Murty

A movie on Narayana Murthy and Sudha Murty? Why not ! Ashwiny Iyer-Tiwari (of ‘Nil Battey Sannata) and Nitesh Tiwari (Dangal)— the writer, director, producer duo — is finalising the screenplay for the movie ‘Murthy’. “When we approached Mr Murthy, he wanted us to be accurate and set a deadline for the movie. He did not want a project that was neverending,” Iyer-Tiwari, an advertising professional-turned-film-maker, told ET. “The sooner the world knows the story, it is better,” she said

GitHub opens India office

GitHub is opening its India office. Our community in India is thriving, with the third-largest number of active developers on GitHub and 22 percent growth over the past year, adding to an already significant base. As the third-largest group of active developers on GitHub, Indian developers are truly building the future of software. Over the past year, the number of public repositories in India has grown 75 percent, demonstrating a sharp increase in collaboration across the Indian developer community. In building out a local team in India, our goal is to create stronger relationships with developers and support open source development across developers, maintainers, and enterprises.

50% seats vacant, no new engineering colleges for 2 yrs: AICTE

No fresh applications for setting up new institutes will be accepted till 2022, the AICTE has decided.  As per AICTE, only 6 lakh engg graduates found jobs during campus placements. Between 2015 and 2019, a total of 518 engineering colleges have shut down.

Coming soon: Uber Money

Uber will soon launch Uber Money in India. That is, a lending product for its driver partners (and maybe for end users?) This (Uber Money) Hyderabad-based team will also play…

The New Facebook Design…Is Facebook Becoming More User-Centric?

Apart from a 10X better typography and focus on content, the biggest change that I am seeing is updates from humans (i.e. my fraands on facebook), groups (which I am part of) and pages (I follow) – this is very unlike last year, where FB would just push random pages and videos on your feed.

Stop WhatsApp Pay Trials: Think Tank, CASC to Supreme Court

Centre for Accountability and Systemic Change (CASC), a think tank that had filed a public interest litigation before the Supreme Court last year against WhatsApp Pay, has sought an immediate rollback of the messaging app’s pilot project, which enables WhatsApp to extend the trial to 10 million users. It is submitted that in any case, there cannot be any blanket permission for trials, and same should be restricted by duration, number of banks involved and monetary limits. WhatsApp on many occasions has claimed compliance with RBI data localization norms, even though RBI’s affidavit clearly proves that it is not the case,” the application stated

Why Google Did Android

Vic Gundara, the then-VP at Google on being asked why is Google doing Android: “The iPhone is really good.  The way things are going,Apple’s going to have a monopoly on Internet-capable mobile devices. That means they’ll be the gatekeepers for everything, includingadvertising, saying who can and can’t, setting prices, taking a cut. That’s an existential threat to Google. Android doesn’t have towin, to win. It just has to get enough market so there’s a diverse and competitive mobile-advertising market.”

Finding Product Culture Fit

Typically, there are four specific product cultures dominate tech companies: engineering-driven, data-driven, design-driven, and sales-driven product culture. Engineering-driven product cultures often start with a unique technical insight that becomes the basis for their products. Larry Page and Sergey Brin’s Page Rank algorithm, for example, was the unique insight that enabled them to build the world’s most successful search engine.

Debt is Coming

Ten years from now, what seismic change will we reflect back on and think, “well that was pretty obvious, in retrospect”?   Debt is going to finally come to the tech industry.   Plenty of people these days preach “startups need to rely less on fundraising”; it’s harder to find anyone who’ll challenge the equity mechanics themselves. But continuously selling equity, even at high valuations, is more expensive than the narrative suggests. As a founder, the most valuable optionality you have is the equity you haven’t sold, and the dilution you haven’t taken. But the second most valuable optionality you can have is a valuation that’s not too high. 

How Glossier turned itself into a billion-dollar beauty brand

When Glossier founder and CEO Emily Weiss first had the idea of launching a beauty startup, she began with a simple question: how could you make a beauty brand whose sweatshirt people would want to wear? As founder of beauty blog Into the Gloss, which she started in 2010, Weiss had worked with household name beauty conglomerates on advertising and sponsorship deals, and found that many were struggling to engage with the new generation of millennial consumers. “I went through that exercise of looking across 20 or 10 beauty brands, thinking about whether or not I would buy that sweatshirt, wear that sweatshirt… I just kept coming up with the answer ‘no’,” she says.

Understanding Retention

While retention is framed primarily as the percentage of users returning to the product itself, it is also useful to understanding specific product features and subpopulations of users.  For example, you can examine how retention varies by geography, gender or behavioral characteristics (e.g., daytime vs. nighttime use) to paint a clearer picture of your users. Similarly, at the feature level, you can examine how users interact with individual features and then use that knowledge to guide prioritization and the product roadmap.

1,000 True Fans? Try 100

In 2008, WIRED editor Kevin Kelly wrote that creators only needed to earn “1,000 True Fans”—at $100 per fan, per year—to make a living. I propose an update.  The global adoption of social platforms like Facebook and YouTube, the mainstreaming of the influencer model, and the rise of new creator tools has shifted the threshold for success. I believe that creators need to amass only 100 True Fans—not 1,000—paying them $1,000 a year, not $100. Today, creators can effectively make more money off fewer fans.