In no particular order, here are MediaNama’s top 10 stories of the week ended 4th February 2018

MediaNama would like to thank its sponsors: Info Edge, PhonePe & E2E, for their support.

Apex coordination center for cyber crime to be set up in Delhi

The government of India has planned an apex co-ordination center in Delhi to fight cyber crime, the Home Ministry told PTI. States have been asked to establish similar mechanisms in every district. Rs. 83 crore has been provided towards setting up of a cyber forensic training laboratory-cum-training center for police officials in each state, under the Cyber Crime Prevention against Women and Children Scheme (Cyber Crime Wing). Read it here

Amazon India gets infusion of Rs 1950cr from its parent

Amazon India (Amazon Seller Services Pvt. Ltd) has received a massive infusion of Rs 1950 crore to up its e-commerce game in India a notch higher, Registrar of Companies documents showed. The development was first reported by The Economic Times. The capital came in from its parent Amazon Inc. (US) and Amazon Singapore. Read it here

Strava’s fitness tracking heat map reveals location of military bases

Data released by fitness platform Strava may have unintentionally exposed critical information like the whereabouts of US military bases around the world. Read it here

Budget expectations 2018: GST, digital payments, tax benefits, angel tax and more

India’s finance minister Arun Jaitley will present Union Budget 2018-19 on February 1, 2018. This will be a first post-GST budget, so a lot of these Internet biz have common expectations around simplification of GST and relaxation around it. Read it here

Airtel India CEO Gopal Vittal on the two battles being fought in Telecom in India

Airtel India CEO and MD Gopal Vittal expects a completely revised industry structure in telecom in India by, “say March 2019”, with three mobile operators. “The two battles that are currently being fought, one, on the 2G-3G side,” which is about feature phones and a traditional (voice) game, and of upgradation from 2G to 4G. Read it here

Facebook bans all cryptocurrency ads on its platform

In a decision that is likely to affect cryptocurrencies and their trading, Facebook has banned their advertising on its platforms, saying that these “financial products and services that are frequently associated with misleading or deceptive promotional practices”. The ban includes offerings like binary options, initial coin offerings and cryptocurrency. Read it here

Zomato raises $150 million from Alibaba’s Ant Financial

Zomato is raising $150 million from Alibaba’s Ant Financial. Over and above this, Ant Financial is buying another 6.66% stake (around 32,629 shares) of Zomato from Info Edge for $50 million, taking the total expenditure for Ant Financial in this deal to $200 million. Zomato had reported a turnover of Rs 3322.72 crors in FY17, and in September, had announced that it is profitable throughout the 24 countries it operates, across all its businesses. Read it here

Facebook to prioritise social interactions over passive consumption of content: Zuckerberg

Facebook will be “prioritizing meaningful social interactions over passive consumption of content” and “making sure the information you see on Facebook comes from broadly trusted and high-quality sources, in order to counter misinformation and polarization,” CEO Mark Zuckerberg said during the company’s earnings call for the quarter ended December 31, 2017 (Q4 2017). Read it here

COAI wants telco-like regulation for all communication service providers

In response to the Telecom Regulatory Authority of India’s (TRAI) consultation paper on data protection, the Cellular Operators Association of India (COAI) has demanded that other communication service providers be regulated as strictly as telecom operators. Read it here

BigBasket raises $300M from the Alibaba Group and others

Online grocer BigBasket has raised $300 million from the Alibaba Group, with participation from other investors, the company informed. It didn’t mention who the other investors are, but this The Economic Times report mentions that existing investors UAE-headquartered private equity firm Abraaj Group, US-based venture capital firm Sands Capital, and International Finance Corporation (IFC) participated in this latest round of funding. Read it here