Add news
March 2010
April 2010
May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020
News Every Day |

In India, (Possible) Startup Tech Group Has Big Tech In Its Crosshairs

In India, the effort to bring more business to local firms has Big Tech in its crosshairs.

To that end, as Bloomberg reported on Thursday (Oct. 1), the founders of dozens of tech firms housed in India held a Zoom call aimed at setting the wheels in motion to form what’s being billed as a “startup collective” to battle Big Tech – Google and Facebook, among others – across a number of fronts.

The call took place on Tuesday (Sept. 29), according to reports, and involved more than 50 tech firm founders. Discussion topics ranged from establishing alternatives to Alphabet’s Google Play Store to pushing for other digital policies promoted within India. The organization’s roster may extend well beyond the Zoom call, and as noted by sites such as TechCrunch, may number more than 150 firms.

“We, the country’s digital startups, need to have a joint voice so that the government and the people will listen,” Bloomberg reported Vijay Shekhar Sharma, founder of payments giant Paytm, as stating. “We can’t let all of India’s digital dreams get controlled by one or two global companies.”

Names being considered for the collective include the India Internet Foundation, among others.

The movement comes on the heels of Google’s announcement that it will charge 30 percent fees for payments through apps for online services that include dating and education. Android has 95 percent market share in the country.

At a high level, the push to form a collective hearkens back to the Modi government’s efforts to spur consumers to “buy local” and to be “vocal about local.” Global companies (not based in India) have held dominance across any number of markets, such as smartphones and televisions (90 percent share) and in cosmetics and other consumer staples.

The Indian group, according to reports this week, is mulling a lobbying effort that would ask the government to require Big Tech firms to go “local” in a way that would spur them to incorporate Indian companies and be governed by Indian policies and regulations.

The Indian companies seem to be taking a cue from other collective efforts that put Big Tech in their crosshairs. Last week, a trade group known as the Coalition for App Fairness took shape, eyeing a push for legal and regulatory changes that would have ripple effects for tech firms that have app stores, like Google and Apple.

The coalition – with Spotify and Epic Games among its members, who have taken to the courts to challenge app stores and fee structures – has argued that “one company has near-total control over the mobile ecosystem and what apps consumers get to use. After nearly a decade with no oversight, regulation or fair competition, it’s time for Apple to be held accountable.”

The battle, it seems, is being joined on new fronts.

Read also

We’re reaching out already, police react to Vanguard reporter’s assault

Chelsea pair Kai Havertz and Hakim Ziyech slammed for costing Blues points with tricks and ‘dribbling past ten players’

Professor shuts down ‘misogynistic’ student in viral TikTok video

News, articles, comments, with a minute-by-minute update, now on — latest news 24/7. You can add your news instantly now — here