Facebook Issues For Individuals, Small and Big Businesses

Facebook is the second most used social networking website in the world. The huge amount of people that use this website every day makes it one of the most popular sites for business purposes. Unfortunately, Facebook has a number of issues that many business owners are not aware of.

facebook issues
Masked faces

One of Facebook issues that many people have is the fact that they may think that there is too much information being posted on the site. There is a limit on how much information can be posted on the site because of a copyright law called the “copyright clause” which states that any person who posts information on the site must do so with their permission. Although this does not necessarily prevent people from posting information on the site, there are still a number of people who try to do so without permission. This is why many of the problems that some businesses encounter when they are using the site are actually due to people posting their personal information, which is not allowed by Facebook’s terms and conditions.

Also Read: More than 1,000 companies have boycotted Facebook

Other facebook issues that some businesses face when they are using Facebook is the fact that people post advertisements without their permission. This is one of the biggest causes of Facebook’s financial struggles as well. Many businesses post advertisements on the site and then wait to see what happens with them. One of the worst things that you could have happened would be that they get pulled off of the site. However, there are some advertisers that are willing to put their advertisements on the site if they get the proper amount of exposure.

Another issue that many companies have with Facebook is the fact that their business pages are not always properly maintained. Business owners have become quite frustrated by the fact that they may only post one status update on their page every single day. Many of the other posts that they have made may have been lost, deleted, or moved to another section of the site. Many of these companies have spent a lot of money just trying to figure out how to make their pages look good.

Another issue that many businesses find with Facebook is that they cannot afford to pay for advertising costs every month. They pay a monthly fee to Facebook for their advertising privileges, but when the advertisements that are placed on their pages are not effective, they are required to pay the amount for the entire month. This has caused many businesses to cut back on their advertising budgets, which may even lead to losing the accounts of those that they had paid up front for advertising services.

If you want to be successful with your business using Facebook, it is important that you are able to have the right strategies in place. for getting your brand out there in the online marketplace. You need to make sure that all of the different aspects of your business are set up correctly so that the results that you achieve are the ones that you expect to have.

An Epic War involving Amazon and Reliance Shaping Up

An epic war between two of the world’s biggest business houses seems to be shaping up. It is for getting hold of the retail space in some of the world’s biggest consumer market, that is India.

In August 2019, the U.S. firm, the e-commerce online retail giant Amazon.com Inc., bought a 49 per cent stake in Kishore Biyani’s retail conglomerate Future Coupons, a promoter group entity of Future Group’s retail business, which owns 7.3 per cent of Future Retail for about Rs 15,000 million. This deal provided Amazon with a 3.58% stake in Future Retail, contractual rights like a right of first refusal, a non-compete-like pact, and to purchase more stake in Future Retail.

In August 2020, Mukesh Ambani’s Reliance decided to buy the retail and some other businesses of Future Group. The Future Group’s sale of its retail and wholesale businesses to Reliance Industries Ltd (RIL) triggered a dispute.

Also Read: Reliance Industries falls 7% post Q2 results

epic war

In October 2020, circumstances became such that Amazon had to spend some time, money and valuable resources in appointing law firms to launch some legal proceedings. Amazon has served a legal notice to Future Coupons over the deal with Reliance Industries. It will initiate arbitration proceedings against the Future Group and the arbitration will be outside India, most likely before the Singapore International Arbitration Centre.

Also Read: India’s Foreign Policy: Influence in global affairs grows

While enforcing contractual obligations, Amazon has also sent intimation notices to various parties including Singapore International Arbitration Centre (SIAC), Future Group and its shareholders, since the contract allows for arbitration as per media reports. Amazon has presented that the Reliance-Future deal is against the interest of Future Retail’s shareholders, as none of the shareholders will get anything since Reliance has technically bought assets of Future Enterprise.

The arbitration proceedings between Amazon and Future Group in Singapore are expected to start from November 2020 and could go on till Sept-Oct 2021 at least.

Amazon has levelled accusations against the Future Group as:

  • not meeting contractual obligations by going ahead with the Rs 2,50,000 million deal with Reliance Retail,
  • the Future Group’s $3.38 billion asset sale deal with Reliance Industries breached an agreement with Amazon, under which Amazon took an indirect stake in Future Group, on several counts,
  • Future Group was required to seek Amazon’s permission as Amazon has the first right of refusal in the event of stake sale,
  • This deal also violates a non-compete clause in the 2019 agreement,

October 8, 2020. Future Retail shares fell as much as 9% as the news of Amazon sending a legal notice to Future Group spread.

The truth and validity of such accusations will, however, be determined in the court and the matter has now become subjudice. Expert observers have opined that Reliance did not buy a stake in Future Coupons. It is not even buying a stake in Future retail. It is just buying assets like logistics, warehouses, etc. The well-known powers of Reliance may not make an easy battle for Amazon’s legal teams at the court.

Amazon, the retail behemoth, seems very keen to retain its hold in the lucrative retail space. It is exploring all options to stop the Rs 2,50,000 million deal between Future Group and Reliance Retail. This is a last-ditch effort by Amazon to delay the Reliance-Future deal. Amazon seems to fear that the deal will give Reliance a much firmer foothold in online space as well as physical distribution. This will indeed be an epic war in retail space which none of the parties would like to lose.

But will the epic war end in court or will it be arbitration are the outcomes what we have to look at. However, the time factor is sure to kill the retail investors!!

CDN & Cloud Security services game-changer enters India; more economical features

A new player in a currently cluttered market of CDN started its services in India early June 2020. ArvanCloud, a new comer in the field, has successfully offered competitive CDN and cloud security solutions in Europe, Australia and the Middle East before entering India.

ArvanCloud, an international cloud service provider, entered India by launching two CDN PoP sites in New Delhi and Pune, early June 2020. The company aims to provide Indian websites and online businesses with cutting-edge technology, more security, cost-effective solutions and more features comparing to competitors.

Meanwhile ArvanCloud announced that following expansion of its CDN infrastructures, it will launch new PoP sites in Indian mega cities including Mumbai, Bangalore, and Chennai in the near future. “Covid-19 pushed almost all business sectors to go online especially small and medium-sized businesses” ArvanCloud press release reads, “it is important for ArvanCloud to offer its services in countries that enjoy more home-based services or products, in order to facilitate use of cloud services for everyone
and help these businesses to rapidly recover.”

Having more than 40 PoP sites in important locations around the world including Europe, Australia, East Asia, Central Asia and the Middle East, ArvanCloud provides economical, secure and cutting-edge CDN and cloud security services. ArvanCloud solutions are provided to customers in more than 38 countries. Anycast network, Web Acceleration, DDoS Protection, Waf, Firewall, Video CDN, and Live Streaming are among ArvanCloud solutions. Comparing to its competitors, the company offers most of its features free of charge and on pay-as-you-go plans.

The company provides many solutions with several features in its free tier. They include Managed DNS with unlimited traffic and Advance DDoS Protection, full features of CDN solution up to 50 GB in every geographical region (Europe, Austria, Asia, America), Cloud Security services, and full features of Video CDN (VoD streaming) up to 10 GB.

ArvanCloud’s integrated infrastructure would enable Indian websites and online businesses to manage their domains’ DNS free of charge, fast and secure. It also helps them through its CDN platform to deliver their website content to an unlimited number of audiences around the world from the nearest geolocation that would decrease loading-time and maintain best quality.

After launching two CDN PoP sites in New Delhi and Pune, ArvanCloud said that its Mumbai CDN PoP-site would be launched by end of July 2020, while Bangalore and Chennai CDN PoP-sites will be operational by end of August.

Thomas Cook Collapsed, Other European Airlines on Brink

Thomas CookA sad story of Thomas Cook: being reported only for the sake of reporting.

Its official now. By 23 September 2019, the 178-year-old company, Thomas Cook (TCG.L) along with a trio of subsidiary airlines has collapsed. Its stores across Northamptonshire have shut their doors. Thomas Cook branches in Weston Favell and Northampton’s Abington Street have also closed for good. Two travel stores in Kettering in Lower Street and at Asda, stores in Wellingborough’s Swansgate Centre and Corporation Street in Corby have also closed.

Hitherto known as a travel giant, its thousands of employees have been rendered jobless. This includes about 1,000 workers at their nearby Peterborough HQ.

Today, the grand old travel firm finds itself being put into compulsory liquidation. A weekend of frantic talks could not save Thomas Cook. Tens of thousands of its holidaymakers have been left in the lurch around the globe.

The closure of Thomas Cook and the subsequent cancellation of all its flights has forced the launch of an operation by the Government and the Civil Aviation Authority (CAA). It is one of the largest repatriation in recent British history. This has been codenamed Operation Matterhorn.

This repatriation is hugely complex and the CAA and the government are working around the clock to support the Thomas Cook customers. All such passengers currently overseas who are booked to return to the UK over the next two weeks will be brought home as close as possible to their booked return date by providing new flights to return to the UK.

A CAA spokesman clarified:

“The Government and the Civil Aviation Authority are now working together to do everything we can to support passengers due to fly back to the UK with Thomas Cook between September 23 and October 6. Depending on your location, this will be either on CAA-operated flights or by using existing flights with other airlines.

If you are already abroad you will find all the information you need about your arrangements to get home on this website. If you are due to depart from a UK airport with Thomas Cook Airlines, please do not travel to your UK airport as your flight will not be operating and you will not be able to travel.

These repatriation flights will only be operating for the next two weeks (until October 6). After this date you will have to make your own travel arrangements. From a small number of locations, passengers will have to book their own return flights.”

Also ReadJet Airways pushed further to the brink of collapse

Virgin Atlantic is one of the airlines taking part in the CAA scheme. A Virgin Atlantic spokesperson stated: “We’re sorry to learn that Thomas Cook has ceased trading earlier today and recognise the impact on its customers and staff in the UK and abroad. Virgin Atlantic is working closely with the CAA to repatriate Thomas Cook customers impacted in Cuba, Jamaica and the United States, to ensure they will be able to complete their journey as planned. We have allocated available space on our scheduled flights, and are also providing special flights to repatriate Thomas Cook passengers abroad.”

Similarly, a representative for the easyJet airline stated: “We are sorry to see the news about Thomas Cook and appreciate the anxiety that their customers will be facing now. easyJet is working with the CAA to provide a fully crewed A320 aircraft to support the repatriation efforts over the coming days.”

Besides, British Airways is also offering flights for Thomas Cook passengers returning to the UK from destinations like New York, Los Angeles, San Francisco, Las Vegas, and Cancun.

Aviation analysts observe that the strains that sank Thomas Cook weigh on other European airlines as well. Several such companies are struggling with similar problems.

Two small operators, Aigle Azur and XL Airways, are before the French bankruptcy courts today. The list of similar bankruptcies is long: Monarch, Air Berlin and Alitalia failed in 2017, Primera and Cobalt in 2018, and Germania, Flybmi and Iceland’s WOW so far in 2019.

Today in aviation sector, there is very little left for cheer. Larger European carriers are not immune from the threat of collapse. Regional operator Flybe’s sale to a Virgin Atlantic-led consortium just managed to avoid its closure. Third-ranked low-cost operator Norwegian Air (NWC.OL), which has bled cash while making inroads in the transatlantic market, somehow managed to get a reprieve from creditors last week, postponing repayment on $380 million in debt for up to two years.

Customers can find out how to book on to the repatriation flights through the CAA website: www.thomascook.caa.co.uk.

Nations backing terror must be held accountable: Modi at SCO Summit

New Delhi/Bishkek: India and Pakistan traded veiled barbs at each other at the Shanghai Cooperation Organisation (SCO) Summit at Bishkek in Kyrgyzstan on Friday, with Prime Minister Narendra Modi saying that “responsibility should be fixed on nations that inspire, support and finance terrorism” while his Pakistani counterpart Imran Khan singled out “state terrorism against people under illegal occupation”, an oblique reference to Pakistani accusations against India on Kashmir.

In his address, the Pakistan Prime Minister also appeared keen on talks, saying that “peace and prosperity in south Asia will remain elusive until the main dynamic in south Asia is shifted from confrontation to cooperation”. It may be recalled that India’s stand has been that it will not hold bilateral talks with Pakistan till Islamabad stops supporting cross-border terrorism.

The Bishkek Declaration issued after the summit condemned terrorism in all its forms and manifestations, and called on the international community to promote cooperation in combating the menace “without politicisation and double standards”.

The SCO member-nations discussed the menace of terrorism, the situation in Afghanistan and global economic issues. India was the only SCO member-nation to not endorse the Chinese Belt and Road Initiative (BRI) in the declaration.

The Shanghai Cooperation Organisation  is an eight-member Central Asian Grouping that comprises China, Kazakhstan, Kyrgyzstan, India, Russia, Tajikistan, Uzbekistan and Pakistan. India and Pakistan became SCO members in 2017.

New Delhi has refused to join the BRI since the China-Pakistan Economic Corridor (CPEC) — that passes through Pakistan-occupied Kashmir (PoK) — is one of its flagship projects.

Jet Airways pushed further to the brink of collapse

India’s beleaguered Jet Airways said on Thursday 10 more of its planes had been grounded over unpaid dues to leasing companies, pushing it further to the brink of collapse and jeopardising hopes of a new investor rescuing the carrier.

Jet had already been forced by lessors to ground more than 80 percent of its fleet. It said it had cancelled all west-bound overseas long-haul flights until tomorrow morning.

With the fresh groundings on Thursday observers peg the size of Jet’s operational fleet at about 12 planes or so. At one time, Jet used to have 120 airplanes at its disposal. That is history now.

Also ReadJet Airways cancels flights on international routes

If the size of its operational fleet drops below the 20 mark, Jet may be forced to halt all international operations, as Indian regulations demand that any domestic carrier has to have at least 20 operational aircraft in order to fly overseas.

Jet’s lenders are still trying to seek expressions of interest in the debt-laden carrier from potential investors interested in rescuing the 25-year old airline.

The lenders have so far not put in their own money. Even they doubt the feasibility of such act.  Lenders, led by State Bank of India (SBI), want a new investor to acquire a stake of up to 75 percent in the airline. Initial bids were to be submitted by the end of Wednesday, but SBI extended the deadline on Wednesday to Friday. The lenders seem to have received four expressions of interest in the airline. It is not clear though, whether any of these will translate into bids and whether an investor will be identified in time to who could turn around the carrier.

Jet did not get a loan of about $217 million from its lenders as part of a rescue deal agreed in late March. Many of the lessors first repossessed the planes. Eventually, they have begun to de-register these planes, further eroding value in the airline. All through this processes, the lenders remained mute spectators. They could have prevented it.

Once a plane is de-registered, the lessor can take it out of the country and lease it to other airlines.

Some fuel suppliers have also begun to tighten their fuel supply terms to the embattled carrier, piling additional pressure on Jet.

The airline, once India’s leading private carrier, has been forced in recent months to cancel hundreds of flights to dozens of destinations both in India and overseas, leading to a customer backlash and a steady slide in its market share.