Welcome to the #BigDaily, which curates the most important news and updates from digital and tech industry. Here goes today’s edition.
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We may cease to exist in India if new regulations kick in: WhatsApp
Of the proposed regulations, the one which concerns us the most is the emphasis on traceability of messages,” Carl Woog, WhatsApp’s Head of Communications told IANS. “Given the end-to-end encryption we have in place, the regulations will require us to re-artchitect our product. [via] On the other hand, Facebook has refused to censor content during elections, especially blocking election-related content 48 hours before the polls. Hey! Today is the last day to avail super early bird discount for UnPluggd and ProductGeeks conference. If you are into products, startups or tech – you gotta be at UnPluggd. Use the code NEXTBIGWHAT (Register here).
CloudTail is back in new avatar; Will list on other ecommerce stores as well.
To circumvent the new FDI rule, Amazon is cutting down its stake in Cloudtail.
NR Narayana Murthy’s Catamaran Ventures has increased its stake in Cloudtail’s parent company Prione Business Services to 76% from 51% earlier, reducing JV partner Amazon Asia’s stake to 24% from 49%, as per ET.
With this change, Cloudtail ceases to be an Amazon group company
and becomes eligible to sell on the marketplace. Cloudtail also has independent plans. It will list on online marketplaces Snapdeal, Indiamart and other sites, and will also have its own website (source
On India’s FDI Policy
Amazon has been less sinister but is using its powers to dominate new industries and expand globally. Now it is beginning to dominate all forms of retail as well as cloud services, electronic gadgetry and small-business lending.
This is why I believe that India is doing a wise thing in limiting its monopolistic practices. It recently passed new laws for its ecommerce sector, which amongst other things, inhibit the ability of Amazon to do what it has done in the US: leverage its merchant platform to learn what products sell the best and produce an Amazon-branded version. [Vivek Wadhwa on India’s ecommerce FDI rules].
Facebook user in US is 10X more valuable than the one in APAC (more
Cricket vs. Football
Cricket accounts for 80% of live sports viewership in India, thanks to IPL . The second-most watched sport though was kabaddi. Since the launch of the Pro Kabaddi League (PKL) in 2014, the sport has entered the cultural mainstream.
Of all the new age sports league, Football and Kabaddi have taken off. But not hockey.
Do we need a Chhetri for hockey?
Amazon plans wholesale makeover to become ecommerce FDI compliant
Amazon is looking at converting Cloudtail and Appario — two of the most prominent sellers on the platform (in which Amazon holds 49%) — into wholesale entities undertaking business-to-business (B2B) transactions in order to be compliant with ecommerce FDI rules.
Jio effect: Second successive quarter of Rs 5,000 crore loss for Vodafone-Idea.
TRAI’s new DTH, Cable TV rules: Netflix, Hotstar to strike gold; content to be the king
OTT platforms including players such as Netflix, Amazon Prime, Viu, Bigflix, Voot, and Hotstar will reap the benefits of the TRAI’s new rules as viewers might see themselves inclining towards OTT platforms. “Viewers could shift because of rising subscription bills. And low data tariffs also encourages viewership on OTT platforms,” Crisil director Nitesh Jain said.
“It’s often easier to make something 10x better than it is to make it 10% better.
” Astro Teller, Captain of Moonshots, Google[x] / read further
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