Twitter is losing its most active users, internal documents show
According to internal Twitter research seen by Reuters, goes far beyond the handful of examples of celebrities ghosting their own accounts. Twitter is struggling to keep its most active users
The "heavy tweeters" account for less than 10% of monthly overall users but generate 90% of all tweets and half of global revenue. Heavy tweeters have been in "absolute decline" since the pandemic began. The research also found a shift in interests over the past two years among Twitter's most active English-speaking users that could make the platform less attractive to advertisers. At the same time, interest in news, sports and entertainment is waning among those users.
Google and Microsoft hit by slowing economy
Sales at the tech giants have slowed sharply, adding to fears of a downturn in the economy. Consumers and businesses are cutting back as prices rise and interest rates go up. Alphabet, which owns Google and YouTube, said sales rose just 6% in the 3 months to Sep, to $69bn, as firms cut their advertising budgets.
Microsoft meanwhile said demand for its computers and other technology had weakened. Its sales rose by 11% to $50.1bn, marking its slowest revenue growth in five years.
A strong US dollar has also hurt American multinationals, making it more expensive to sell products abroad.
Google: India fines tech giant $161m for unfair practices
India's competition regulator has accused Google of entering into "one-sided agreements" with smartphone makers to ensure the dominance of its apps. They have fined Google 13bn rupees ($161m; £144m). It has ordered Google to "cease and desist" from such practices. Google has not responded to the fine or the accusations yet.
The Competition Commission of India (CCI) said in a statement on Thursday that Google was "abusing" the licensing of its Android operating system for a range of smartphones, web searches, browsing and video hosting services. Google is facing a series of anti-trust cases in India and authorities are also probing Google's conduct in the smart TV market and its in-app payments system.
Karnataka govt may develop its own app to help auto-rickshaw users: transport minister
The Karnataka government may develop its own app to help auto-rickshaw users , said transport minister B Sriramulu, in a veiled threat to cab aggregators Uber and Ola , which are battling allegations of inflated fares. Sriramulu’s statement came after the aggregators continued to operate their app-based auto-ride hailing services, despite a government notice ordering them to stop and seeking an explanation as to why they had been charging more than the stipulated government rates.
All three aggregators had reduced the convenience fee from Rs 47 after tax to around Rs 25 after tax. “We stand ready to work with the government to ensure that the benefits of e-hailing extend to the auto industry and particularly to the tens of thousands of drivers and several lakh riders who rely on aggregator apps such as ours,” Uber said in a statement. Ola and Rapido haven’t responded yet.
DevOps startup Devtron raises $12 million in funding led by Insight Partners
Gurugram-based DevOps startup Devtron has raised $12 million in funding led by the New York-based private equity firm Insight Partners , along with participation from Leo Capital and other angel investors. The startup will use the new capital to scale its team, drive adoption of its platform and expand into new markets.
Devtron works as a software delivery platform on the open-source system Kubernetes, which is used for automating software deployment, scaling and management. The startup claims to simplify software deployment by providing one-click deployment on the central dashboard.
“Devtron integrates with products across the lifecycle of microservices, and in particular Kubernetes, enabling its users to deploy faster and automate their CI/CD pipelines without worrying about Kubernetes’ know-how. It's an exciting time of growth and development of our market-defining product,” said Ghildiyal, cofounder and CEO of Devtron, and Razdan, cofounder and CBO.