“The pandemic and consequent lockdown have led to a significant drop in the number of office-goers, changes in the restaurants' supply and customer preferences shifting towards prioritising for essential supplies as they stay indoors,” a Swiggy spokesperson told Moneycontrol. … [Read more...] about Exclusive | Swiggy suspends meal-for-one offering POP as virus hurts business
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India’s gross domestic product (GDP) grew 3.1 percent during January-March this year. It could get worse as restrictions and lockdowns continue to constrain people’s movement, severely hurting economic activity. The nation-wide lockdown kicked-in from March 24, and its actual impact on the economy will show up in the subsequent months when businesses screeched to a standstill. COVID-19 induced disruptions appeared to have devastated the broader economy, pummeled by collapsing household spending and shuttered businesses that are battling to stay afloat. … [Read more...] about Business Insight | Decoding GDP numbers
Lee says it’s this personal approach that makes the Respond2Racism bot feel different and more effective than your average bot. “There’s something powerful about these selfie-style videos, because they feel intimate,” says Lee. “They force you to meet eye to eye with the person who may be impacted by your words.” … [Read more...] about This new Twitter bot has Asian front-line workers responding directly to COVID-19 racism
In Wipro, after CEO Vivek Paul's exit in 2005, Azim Premji assumed the role for three years till 2008. Between 2008 and 2011, the company was led by Girish Paranjpe and Suresh Vaswani, both of them old-timers, who quit in 2011 on grounds of personal reasons. By then, Wipro's growth began to slump. … [Read more...] about Wipro’s new CEO: Can foreign executives succeed in Indian IT firms?
Other platforms may be less proactive. After the 2016 election and a bruising Congressional inquiry into Facebook’s ability to control its social network, the site amassed a team of fact-checkers to flag false information (though not to take it down). Political ads, however, have an exemption when it comes to fact-checking. Facebook CEO Mark Zuckerberg sees policing political information as fundamentally different from health content. In a conversation with journalists in March, he explained his perspective on this issue: “There are broadly trusted authorities . . . [that] can arbitrate which claims are conspiracy theories or hoaxes and what’s trustworthy and what’s not, which makes this a very different dynamic than trying to be referee of political speech.” He reiterated that sentiment this week when he told Fox News that he didn’t think tech platforms should be “arbiters of truth,” an apparent dig at Twitter’s decision to flag … [Read more...] about As health misinformation and politics collide, social networks face a choice