Amazon Plans to Continue Investing in the Indian Market In a recent call with investors, Amazon’s SVP and CFO Brian Olsavsky revealed that the company plans to continue investing the Indian market as it sees“great progress”with both sellers and customers. According to a recentreportfromBGR, even though Amazon registered a loss of $622 million from its international operations in Q1 2018, the company still thinks that the Indian market holds promise....

Amazon to Raise Annual Prime Subscription from $99 to $119 in the US Earlier this year in January, Amazonhiked its Prime monthly membership feeby nearly 20% in the US. The company has now announced that it’ll also increase the annual Prime subscription fee from $99 to $119, starting from May 11. According to a recentreportfromRecodeon the matter, the company’s chief financial officer revealed information about the price hike during a recent call with analysts....

Beware of Fake Mark Zuckerberg Accounts Scamming Users on Instagram, Facebook While Facebook is already struggling with data privacy related issues andworking to fix is policies, a recentreportfrom theNew York Timeshighlights another major problem on the social media platform which also extends to its other app Instagram. The report talks about fake accounts on the platforms and how scammers are impersonating Mark Zuckerberg and Facebook’s COO Sheryl Sandberg to scam users out of hard-earned cash....

Indian Companies Facing Shortage of Cybersecurity Experts As India rapidly progresses towards becoming one of the world’s largest digital economies, Indian companies are facing a major shortage of cybersecurity experts. In the first half of 2017, India saw at least one cybercrime every 10 minutes, which led companies to beef up their cybersecurity teams. However, according to a recentreportfromQuartz, companies are struggling to find cybersecurity experts due to a massive shortage of talent and experience....

Amazon Unveils a New Echo Dot for Kids Following therelease of the Echo Spot smart speaker in India, Amazon has lifted the covers of a new Echo Dot designed specifically for kids. The new Echo Dot for kids isn’t a whole lot different from the original Echo Dot when it comes to hardware specifications, but it features a new colored bumper on the base which is designed to help the device withstand drops better....

India Already a Profitable Market for HMD Global With Success of Nokia Brand HMD Global, the Finnish smartphone manufacturer behind the Nokia brand of Android devices, claims that its Indian operations have already become profitable, according to a recent report fromIANS. The company now plans to take a spot among the top smartphone manufacturers not only globally, but also in the Indian market. The company is also focusing on ramping up its smartphone offerings, along with its range of feature phones in order to achieve its goal....

Bharti Infratel to Become the Largest Telecom Tower Company Outside China India’s three biggest telecom services providers –Bharti Airtel, Vodafone and Idea Cellular – recently announced that they’ve agreed to merge Vodafone, Idea and Providence Equity Partners’ shareholdings in Indus Towers Limited with Bharti Infratel Limited, making it the world’s largest telecom tower company outside China. According to a recentreportfromBusiness Standard, Indus Towers is jointly owned by Bharti Infratel (42 percent), Vodafone (42 percent), Idea Group (11....