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My Brand Book

Is more trouble waiting for SoftBank in this year?

It has reportedly been found out that Jack Ma who was a crucial board member of the SoftBank Group is about to step down from his position. Though Jack Ma has cited his increasing focus on philanthropic causes for his resignation, SoftBank Group moving forward without him will surely have to deal with a lot more turbulence now. ...

My Brand Book

Permanent Work From Home cannot be a healthy option: Nadella

Amid non confirmed end of pandemic and lockdown, Twitter has allowed its employees to Work From Home permanently. Twitter upped the ante after Facebook, Alphabet (Google) and others have asked their employees to work from home till year-end....

My Brand Book

By 2025 OTT market to reach US$167 billion

According to new figures from Digital TV Research, the OTT market is set to reach US$167 billion in revenue by 2025. This total will be double the revenue of 2019 (US$83 billion) with an estimated US$16 billion to be added in 2020 alone....

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Global market for edge computing to see significant growth through 2024

Global sales of edge computing infrastructure and services will grow at a compound annual growth rate (CAGR) of 22.7% between 2019 and 2024, with total sales expected to reach US$ 19.3bn in 2024, according to GlobalData’s new Market Opportunity Forecasts for Edge Computing*....

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RIL to begin its rights issue on May 20

The right issue of Reliance Industries Limited (RIL) will open for subscription on May 20. The opening date of the issue is May 20 and the closing date is June 3, RIL said in stock exchange filing....

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Tencent enters video conferencing space with VooV Meeting, to compete with Zoom, GoogleMeet and others

Tencent recently has launched VooV Meeting, a Zoom-like video conferencing platform with advanced features to woo consumers in India. ...

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Telecom and IT associations not is favour of separate regulatory body for cloud service providers

Associations like Nasscom and Cellular Operators Association of India (COAI) have opposed the proposal to form a regulatory body for Cloud Service Providers (CSP). The proposal is put forward by Telecom Regulatory Authority of India (Trai). Associations stood against it as this would negatively impact the growth of the industry....

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WFH to impact SEZ income deductions for IT firms

The information technology sector has requested the Centre to amend many of the existing laws and regulations such as those covering labour and social security. But another issue that could impact them is uncertainty on income deductions...

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MasterCard to open Fintech Cyber Innovation lab in Isreali

MasterCard is joining forces with energy outfit Enel X to establish a lab in Israel which will focus on innovation in financial technology and cyber security. The lab will partner with startups to test and develop products, with a focus on digital security, fintech platforms, digital authentication and financial inclusion....

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Govt. announces $80 bn funds, liquidity schemes for MSMEs, NBFCs

PM Narendra Modi has announced of Rs 20 trillion ($266 billion) stimulus package to restart the economy hit hard by the nationwide lockdown....