Latin American e-commerce giant Mercado Libre has benefitted from the pandemic, as stay-at-home orders forced consumers to buy online. Mercado’s online marketplace sales surged 46.5 per cent in Latin America by the end of 2020 to £15,41bn ( US$20.51bn). with a growth rate of 39 per cent.
Apple is likely to have been working on its own search engine for years, after key hiring in 2018 of John Giannandrea, former Google head of search to improve AI tech and Siri and software hints to improve search. The Applebot web crawler has seen increased activity for years, potentially laying the groundwork for a…
Resolution Foundation’s latest survey of 6, 000 adults found 19 per cent of 18-24-year-olds who were furloughed during lockdown were unemployed in September. For Black, Asian, and other minority ethnic workers the figure was 22 per cent compared to 9 per cent for the general population. The Treasury said its wage support schemes had helped…
Facebook-owned WhatsApp messaging platform has rolled out a new feature to allow its users from today to mute both individual and group chats forever. Previously WhatsApp offered three options under the Mute tab – 8 hours, 1 week, or 1 year. The app has now replaced the 1-year option with “Always”.
The US government has formally filed a landmark lawsuit, the biggest challenge brought by US regulators against Google, accusing the company of abusing its dominance to preserve a monopoly over internet searches and online advertising. The Lawsuit follows several years of investigation amid the intense scrutiny of Google’s practices at home and abroad. Google called the…
Fifty-six Indian entrepreneurs who founded various innovative Indian startups conferred on a Zoom Video conference call earlier this week to discuss a range of issues including establishing an alternative to Google Play Store, and set up a startup collective to fight the power of Big Tech and shape digital policy to take into account…
Trust your team, be radically honest and never, ever try to please your boss. These are the ground rules if you work at Netflix. These trade secrets have revolutionised the entertainment and tech industries, and this was part of a unique cultural experiment that explains how the company has transformed itself at lighting speed from…
Microsoft who owns Xbox has acquired Bethesda, the games company behind super hits game titles including Doom, Fallout, Skyrim, and Wolfenstein, for £5.85bn ( $7.5bn) by paying the parent company ZeniMax Media. Xbox has said that the publisher’s franchises would be added to its Game Pass subscription package for consoles and PCs which would help…
Pint-sized Mario and his brother Luigi make their debut in September 1985, 35 years ago, in the first-ever “Super Mario Bros”. The mustached plumbers would have sold a staggering 373 million games across the world. Mario, wearing red overalls with an unfortunate habit of losing his love interest to a spiky over-sized turtle, has become…
ARM Holdings, a UK-based computer chip designer, is at the heart of most smartphones, and other devices are being sold to the American graphics chip specialist Nvidia for £31.2bn ($40bn). Nvidia has promised to keep the business based in the UK, to hire more staff, and to retain Arm’s brand and create “ the premier…