U.S. firm Epic Games is challenging Google in an Indian tribunal for not complying with some portions of an antitrust directive, alleging that the tech giant is not hosting the gaming company’s app store on Google’s Play Store app. Epic’s claims are the latest legal issues to plague the Alphabet Inc unit in India. Last month, after losing a legal fight with the Competition Commission of India (CCI).
Amid the growing data localisation demand in India, the country is likely to witness 4,900-5,000 MW of capacity with an investment of Rs1.5 lakh crore in the next six years. The key triggers for digital explosion in India are the increasing internet and mobile penetration, the government’s thrust on e-governance/ digital India, adoption of new technologies (cloud computing, IoT and 5G), growing user base for social media, gaming, e-commerce, and OTT platforms.
Cloud major Oracle on Monday launched Banking Cloud Services, a new suite of componentised, composable services for the banking industry. The Cloud-native, software-as-a-service (SaaS) suite will give corporate and retail banks the agility to modernise their banking applications to meet customer demands.
CDP mParticle is being acquired by ecommerce platform Rokt for a price of $300 million. It’s the third acquisition of a leading independent CDP in a little over one month, following Uniphore’s purchase of ActionIQ and Contentstack’s purchase of Lytics. All three buyers offer some type of customer-facing technology; apparently they’ve decided that adding real-time profiles from CDP will give them a competitive edge. (See this blog post for more analysis.)