Post by Dave on Oct 1, 2020 2:02:51 GMT -8
Good morning. First day of a new month and a new quarter. We’re starting with a green pre-market at +$1.44 at the moment. What does this day hold?
India plans launch of own app store as alternative to Google, Apple - ET Now
Dow Jones Futures Rise As Stock Market Rally Advances Amid Stimulus Deal Talks; Tesla Deliveries Due
India plans launch of own app store as alternative to Google, Apple - ET Now
BENGALURU (Reuters) - India is planning to launch its own app store as an alternate to the ones offered by Apple and Alphabet-owned Google, in a bid to make the country more self-reliant, ET Now reported
on Thursday, citing government sources.
Prime Minister Narendra Modi's government may ramp up its Mobile Seva App Store for this purpose, the television channel reported, without providing further details.
"Android has a 97% market-share in India. So, we should intervene and handhold Indian startups," ET Now quoted government sources as saying, adding that the store would not charge the 30% fee to host apps unlike Google or Apple.
The government is also considering a plan to make it mandatory for Android phones to be pre-installed with its apps, as per the channel's report.
on Thursday, citing government sources.
Prime Minister Narendra Modi's government may ramp up its Mobile Seva App Store for this purpose, the television channel reported, without providing further details.
"Android has a 97% market-share in India. So, we should intervene and handhold Indian startups," ET Now quoted government sources as saying, adding that the store would not charge the 30% fee to host apps unlike Google or Apple.
The government is also considering a plan to make it mandatory for Android phones to be pre-installed with its apps, as per the channel's report.
Dow Jones Futures Rise As Stock Market Rally Advances Amid Stimulus Deal Talks; Tesla Deliveries Due
Treasury Secretary Steven Mnuchin said Wednesday morning that there was an "overall understanding" with Democrats on a new coronavirus stimulus package and he was "hopeful" about talks. But Mnuchin and House Speaker Nancy Pelosi failed to reach a stimulus deal in a meeting. Later, however, Senate Majority Leader Mitch McConnell said Democrats and Republicans are still "far apart" on terms.
That sent the major indexes briefly plunging to slim gains before rebounding late afternoon. Stocks faded again somewhat right at the close.
After the close, the House delayed a vote on its $2.2 trillion stimulus bill to give more time for talks. Also, the Senate approved a bill to keep the government open through Dec. 11, sending it on to President Donald Trump.
That sent the major indexes briefly plunging to slim gains before rebounding late afternoon. Stocks faded again somewhat right at the close.
After the close, the House delayed a vote on its $2.2 trillion stimulus bill to give more time for talks. Also, the Senate approved a bill to keep the government open through Dec. 11, sending it on to President Donald Trump.