"In a lot of ways this was done by investors...they subsidised the cost of market creation...we benefited a lot because we have a generation of consumers which are now digitally savvy. We have to make sure that we do not throw baby along with the bathwater...," he added. … [Read more...] about India’s startup ecosystem in a correction mode: Trifecta Capital
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Sweden has largely remained open while most of the countries observed an overall shutdown of business. Opting for the rather controversial approach of keeping restaurants, schools and parks open for public (while banning gatherings of more than 50 people and shutting museums), Sweden’s Chief Epidemiologist Anders Tegnell said that the country is focusing on long-term sustainability over drastic short-term tactics. In fact, Sweden’s ambassador to the United States said last month that the capital of the Nordic country, Stockholm, could reach Herd Immunity in May. … [Read more...] about In-Depth: Is Herd Immunity our best bet in the fight against coronavirus?
“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
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
A survey from Syndio found that 14% of women were considering quitting their jobs because of their increased family demands. In addition, new obstacles such as the discovery that women are being talked over and are unable to get a word in during Zoom meeting, have only brought in-person workplace inequalities to the remote workforce. And that’s only if women can even make it to their Zoom meetings, as they’ve often had to make more sacrifices to handle caregiving and household responsibilities than their partners. The Motherhood Penalty often places moms at a lower earning level than dads, so when couples have to decide whose career to put first, they choose the individual who makes more money, which is usually the dad. Unless employers are actively working now to retain the women in their company, they may lose some of their top talent in the coming months. … [Read more...] about The pandemic could fix the workplace gender gap (or make it wider)