Galaksion blog News digest 8.06.2020
Mon Jun 08,2020
News digest 8.06.2020

Google may no longer be the default search engine on Android and Chrome

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As part of their anti-monopoly investigations against Google, US regulators are looking for ways to limit the company's power in the search market.

The option of an unpaid "search preference menu" is currently under consideration. In 2010, Microsoft already created a similar menu for choosing web browsers. This menu displays five largest web browsers by market share randomly without an auction for a user to choose.

Amazon will hold a multi-day sales event in June with steep discounts

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А summer sale will be held by Amazon on June 22 and will last from seven to ten days. The event, which is apparently being called the “Biggest Sale in the Sky,” is not a Prime Day substitute. The Prime Day will still reportedly take place, but at a later date, sometime in September.

With the rumored upcoming sale, sellers will get a chance to clear their inventories. Amazon will likewise get a chance to boost consumer engagement across non-essential categories ahead of the Prime Day.

Alibaba and JD launched their annual 6.18 mid-year shopping festivals

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Within hours, JD heralded a 400-per-cent year-on-year increase in sales of luxury fashion goods, with sales of Ferragamo, Hugo Boss, Lancel and MiuMiu all up by more than 300%.

Alibaba also reported increased interest from luxury labels, with close to 180 participating, including Cartier, Chanel, Burberry, Balenciaga and Montblanc.

Google and Walmart establish dominance in India’s mobile payments market

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In India, it’s Google and Walmart-owned PhonePe that are racing neck-and-neck to be the top player in the mobile payments market, while Facebook remains mired in a regulatory maze for WhatsApp Pay’s rollout. Google Pay had more than 75 million transacting users last month, ahead of PhonePe’s 60 million users. 

In comparison, SoftBank-backed Paytm’s app saw 30 million transacting users last month and an average of 10 million users transacted each day, people familiar with the matter said.

Facebook to verify the identities of some user profiles behind viral posts

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Facebook noted it will now require Facebook profile pages with large followings in the U.S. to verify their identity. 

Profiles with sizable audiences that also have a pattern of inauthentic behavior and whose posts rapidly go viral will be asked to verify their identity or the distribution of their posts will be impacted.

If the profile’s owner chooses not to verify their identity or the ID provided does not match the linked Facebook account, the distribution of the profile’s viral post will continue to be reduced so fewer people will see it, the company explains.

How did Google's latest update affect the quality of search results

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62.2% of webmasters believe that the latest update of Google's main algorithm - May 2020 Core Update - has had a negative impact on the quality of search results.

The positive impact of the update on the quality of search results was noted by 18.9% of respondents.

At the same time, 19% believe that nothing has changed after the update in terms of quality - it has remained at the same level.

Google began launching the latest update of the main algorithm on May 4. On May 18, the search engine reported the completion of this process.

Flipkart loses bid to sell food online

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Amazon-owned Flipkart has been blocked from entering the food-retail business by Indian regulators who had deliberated for almost a year on an application.

Subsidiary Flipkart FarmerMart had applied to sell foodstuffs grown or manufactured in India online via its marketplace and on apps. However the company was told by the Department for Promotion of Industry and Internal Trade (DPIIT) marketplace, it cannot add food to its platform as a foreign-owned retailer.

Foreign direct investment in retail has long been a controversial issue in India and only in the last several years have multinational retail giants been allowed to enter the market, usually with strict requirements for a proportion of goods they sell to have been manufactured in India.