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Flipkart CEO Kalyan Krishnamurthy says the company will cut back on dealmaking and hiring as losses mount, amid fierce competition from Amazon and Reliance (Financial Times)

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Financial Times:
Flipkart CEO Kalyan Krishnamurthy says the company will cut back on dealmaking and hiring as losses mount, amid fierce competition from Amazon and Reliance  —  CEO Krishnamurthy insists country’s ecommerce sector remains ‘vibrant’  —  Flipkart’s chief executive says the Walmart-owned ecommerce group …

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A look at Twitter’s chaotic first week under Elon Musk, who is acting like a poker player on tilt trying too hard to get his money back all at once (Dave Karpf/The Future, Now and Then)

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Amazon, BurgerFi, Chili’s, and other companies are ending or rethinking delivery and restaurant robot trials, unable to balance their costs against usefulness (Katie Deighton/Wall Street Journal)

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Italian court upholds a ban against Cloudflare resolving DNS queries for three torrent sites, after Cloudflare appealed saying it would result in a global ban (Ernesto Van der Sar/TorrentFreak)

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Seattle-based Redfin lays off 862 employees, or ~13% of its workforce, and ends its home-flipping program RedfinNow; its stock is down 96%+ since February 2021 (Nate Bek/GeekWire)

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Google rolls out its Google One VPN to Windows and macOS in 22 countries; the service is available to Premium subscribers with 2TB+ storage (Tom Warren/The Verge)

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After rolling out Twitter’s “Official” label to select high-profile accounts, Elon Musk says he “killed it” in a reply to YouTuber MKBHD (Kyle Wiggers/TechCrunch)

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Sources: EU antitrust regulators are preparing to send Meta a “statement of objections” over possibly leveraging its social network to boost Marketplace (Samuel Stolton/Politico)

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Amazon, BurgerFi, Chili's, and other companies are ending or rethinking delivery and restaurant robot trials, unable to balance their costs against usefulness (Katie Deighton/Wall Street Journal)

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