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Meesho raises $300 million in fresh funding

KOLKATA: Social commerce platform Meesho has raised $300 million in a new round of funding led by SoftBank Vision Fund 2. The latest investment values Meesho at $2.1 billion. The start-up will use the new fund raise to strengthen its talent pool across verticals — tech, product, and business, among...

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India's freeze on bank accounts is harassment, ByteDance tells court

New Delhi: Video sharing app TikTok's parent company,ByteDance has told the Bombay high court that the government's decision to freeze its bank accounts in a probe of possible tax evasion amounts to harassment and was done illegally, Reuters reported on Sunday.

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Instagram follows TikTok, launches 'Remix' on Reels

NEW DELHI: In a bid to overpower short-video platform TikTok, image sharing app Instagram has rolled out a new feature called Remix. The Remix feature allows users to remix reels which means they can upload a video next to another user's, building on top of the original clip.

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Facebook's global media account worth $750 million up for review

NEW DELHI: Social networking colossus Facebook's global media account worth $750 million is up for review. The pitch is being managed by ID Comms and several holding companies have been invited to participate in the review process; Mindshare and Dentsu are the incumbents in the fray.  The pitch...

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CCI orders probe on WhatsApp's new privacy policy

NEW DELHI: The Competition Commission of India (CCI) has launched an investigation into WhatsApp’s new privacy policy, amid the raging debate over users’ privacy on social media platforms.

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