Commission

The device from the inventors of robot vacuum cleaners, gets a navigation technology that is powered by a 13 Ghz quad core processor. It gets 500ml dustin and the company claims that it gets a run-time of 120 minutes. The company also touts about the dust filter installed in the device. Just like most of the robot vacuum cleaners in the market, it can also be controlled via app and Alexa.The US International Trade Commission said on Tuesday it would ban imports of SharkNinja Operating LLC robot vacuums that infringe a…

Online delivery platform Swiggy on Friday announced the "Swiggy Launchpad" initiative with a 0 per cent commission for the first month for new restaurant partners across the country who want to experience and grow their business with online food delivery. The new initiative by Swiggy is to encourage restaurants that are new to the company to recognise online delivery as an incremental channel to kickstart their growth, according to the company. "With 0 per cent commission for the first one month of their operations, we…

by Edith M. Lederer The symbol of the United Nations is displayed outside the Secretariat Building, Feb. 28, 2022, at United Nations Headquarters. On Saturday, March 18, 2023, the U.N.’s premiere global body fighting for gender equality called for wide-ranging efforts to close the gap between men and women in today’s technology-driven world and urged zero tolerance for gender-based violence and harassment…

Online food and grocery delivery company Swiggy said it will waive commission from new restaurants for a month under its new initiative called Swiggy Launchpad.The decision comes at a time when rival Zomato has approached a number of restaurant chains seeking a 2-6% increase in commissions, as ET reported first on February 27.Swiggy said restaurant partners can potentially save up to Rs 20,000 through this initiative. As many as a quarter million restaurant partners are on board Swiggy's marketplace platform and the…

Happy Friday. After its hive-off from Flipkart, digital payments firm PhonePe's fundraising continues. Today, the company said it has added another $200 million from its parent Walmart as part of its ongoing funding round. This and more in today's ETtech Top 5.Also in this letter:■ Transition at TCS won't be dramatic: incoming CEO■ ChatGPT Plus launched in India■ ETtech Deals Digest: Lenskart, PhonePe funding rounds prop up funding Walmart invests another $200 million in PhonePe PhonePe cofounders Sameer Nigam and…

Online delivery platform Swiggy announced the "Swiggy Launchpad" initiative with a 0 per cent commission for the first month for new restaurant partners across the country who want to experience and grow their business with online food delivery.The new initiative by Swiggy is to encourage restaurants that are new to the company to recognise online delivery as an incremental channel to kickstart their growth, according to the company."With 0 per cent commission for the first one month of their operations, we hope more…

U.S. chipmaker Qualcomm returned to Europe's second-top court on Monday seeking to overturn a 242-million-euro ($258.4 million) EU antitrust fine, a year after it convinced the same court to throw out a much bigger penalty in another antitrust case. The European Commission slapped the fine on Qualcomm in 2019 for selling its chipsets below cost between 2009 and 2011, in a practice known as predatory pricing, to stymie British phone software maker Icera, now part of Nvidia Corp. The company last year secured a major win as…

A commission launched by the U.S. Chamber of Commerce on Thursday urged Congress and the Biden administration to create rules for artificial intelligence (AI), calling its regulation a “top priority.” The corporate lobbying group’s AI commission, which is led by former Reps. John Delaney (D-Md.) and Mike Ferguson (R-N.J.), said that “virtually every business and government agency” will use AI within the next 10 to 20 years. The U.S. is “uniquely situated” to lead the AI regulation effort, thanks to its…

The US Federal Trade Commission is expected to vote next week on whether to send demands for information about deceptive advertising to eight social media and video streaming companies, the agency said on Thursday.The agency did not say which social media companies would receive the demands but said that the information would be used to determine what steps they have taken to detect and remove deceptive advertising from their platforms. Some of the biggest social media companies are Facebook and its subsidiaries Instagram…

Call of Duty remains the key factor in deal completion According to global news conglomerate Reuters, the European Commission is considered likely to approve the acquisition of publisher Activision Blizzard by Microsoft. The regulatory body held a hearing over the stalemate sale last week, where Microsoft pleaded its case for the $69 billion purchase. Citing anonymous sources, Reuters reports that the EU commission is satisfied with Microsoft’s promise to leave Activision’s military shooter franchise Call of Duty as a…