Paytm’s annual loss doubles to $549M – gpgmail

Running a payments business in India is not cheap. Just ask Paytm . One of India’s largest payment companies reported a net loss of Rs 3959 crore ($549 million) for the financial year that ended in March, up 165% over 1490 crore ($206 million) in the same period last year. During the same period, the […]

State attorneys general to launch antitrust investigation into big tech companies, reports say – gpgmail

The state attorneys in more than a dozen states are preparing to begin an antitrust investigation of the tech giants, the Wall Street Journal and the New York Times reported Monday, putting the spotlight on an industry that is already facing federal scrutiny. The bipartisan group of attorneys from as many as 20 states is expected to formally […]

Snapchat beats a dead horse – gpgmail

Hey. This is Week-in-Review, where I give a heavy amount of analysis and/or rambling thoughts on one story while scouring the rest of the hundreds of stories that emerged on gpgmail this week to surface my favorites for your reading pleasure. Last week, I talked about how Netflix might have some rough times ahead as […]

India’s Meesho raises $125M to expand its social commerce business – gpgmail

Meesho, a Bangalore-based social commerce startup, has raised $125 million in a new financing round to expand its business in the country and change the way millions shop online. The Series D round was led by Naspers, and existing investors SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway participating as well. Facebook also participated in the […]

Telegram introduces a feature to prevent users from texting too often in a group – gpgmail

Telegram, a popular instant messaging app, has introduced a new feature to give group admins on the app better control over how members engage, the latest in a series of interesting features it has rolled out in recent months to expand its appeal. The feature, dubbed Slow Mode, allows a group administrator to dictate how […]

Zendesk puts Smooch acquisition to work with WhatsApp integration – gpgmail

Zendesk has always been all about customer service. Last spring it purchased Smooch to move more deeply into messaging app integration. Today, the company announced it was integrating WhatsApp, the popular messaging tool, into the Zendesk customer service toolkit. Smooch was an early participant in the WhatsApp Business API program. What that does in practice […]

Twilio launches SendGrid Ads and new cross-channel messaging API – gpgmail

At its annual Signal developer conference, Twilio today announced a couple of new features for developers on its core messaging platform and users of its recently acquired SendGrid email service. The new Twilio tools now allow developers to create multi-channel messaging tools and to get real-time streams of conversations in order to run them through […]

Facebook to admit ownership of Instagram, WhatsApp in barely visible small-print – gpgmail

For the first time in more than half a decade, Facebook wants to inform you that it owns Instagram, the hyper-popular rival social networking app it acquired for a $1BN steal back in 2012. Ditto messaging platform WhatsApp — which Mark Zuckerberg splurged $19BN on a couple of years later to keep feeding eyeballs into […]