India’s Competition Commission (CCI) has said that any distortion in the digital market needs to be corrected promptly as India is emerging as one of the biggest and fastest digital economies. The government is examining the power of big tech companies on digital advertising, spurring speculation that India may seek to regulate their relationship with news publishers.
Salesforce India will increase its headcount in the country to 10,000 by January next year from 7,500-plus currently. In the order of priority, the focus areas for Salesforce in India are banking, financial services, and insurance (BFSI), manufacturing, services and social services.
Checkmate, an Australian designed shopping tool that scours the web for best deals, has secured $5 million seed funding from Fuel Capital. Available as a mobile app or laptop extension, Checkmate finds deals and applies them at checkout, so customers can get last-minute deals. It also can manage orders, store gift cards and track deliveries.
The U.S. Senate has passed a bill that could potentially ban TikTok in the U.S. if its Chinese owner, ByteDance, does not sell its holdings within a year. The bill now goes to the President Biden, who has said he will sign it. Court challenges are likely to follow.