Month: February 2020

Canadian e-commerce company Shopify said on Friday it would join Libra Association, a group that manages Facebook led efforts to launch a global digital currency, Libra. “We will work collectively to build a payment network that makes money easier to access and supports merchants and consumers everywhere,” Shopify said in a statement. Several companies including
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Samsung Galaxy A71 launch in India on Wednesday was certainly the biggest news of the week, with the South Korean electronics giant quietly bringing its latest mid-range smartphone to the country with nary a teaser. Another significant India launch this week was the LG W10 Alpha, the latest budget smartphone from the brand after unveiling
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Microsoft recently dumped the in-house EdgeHTML browser engine and switched the Edge browser to Google’s Chromium engine, joining the likes of Vivaldi, Opera, and Brave. Switching over to Chromium engine came as good news for Edge fans, as among other advantages, they could now access the Chrome Web Store’s vast library of extensions. It was
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Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late stage firms and focused on developing markets, a new report has revealed. According to research firm CB Insights’ annual report published this week, fintech startups across the world raised $33.9 billion* in total last year
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As Samsung (re)unveiled its clamshell folding phone last week, I kept seeing the same question pop up amongst my social circles: why? I was wondering the same thing myself, to be honest. I’m not sure even Samsung knows; they’d win me over by the end, but only somewhat. The halfway-folded, laptop-style “Flex Mode” allows you
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Twitter on Friday said it had started suspending and restricting dozens of accounts posting content promoting US Democratic presidential candidate Michael Bloomberg. “We took enforcement action on about 70 accounts, which includes a combination of permanent suspensions and account challenges to verify ownership,” a Twitter spokeswoman said in a statement to Reuters. The action was first
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Google Stadia is Google’s cloud gaming service. It hit the headlines after its launch, as the service struggled with performance issues, a lack of content, and poor initial sales. Adding to Google’s woe, graphics card manufacturing behemoth Nvidia is chasing Google Stadia down with the announcement that its GeForce Now streaming service is ready for
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What is Facebook Lite? In a nutshell, it’s a stripped-down version of the standard Facebook app for Android and iOS. Although it lacks certain features, it’s still a great alternative to the full-sized Facebook app. However, as we all know, Facebook knows a lot of information about you, and the social network’s mobile app is
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After eBay, Visa, Stripe, and other high-profile partners ditched the Facebook -backed cryptocurrency collective, Libra scored a win today with the addition of Shopify. The ecommerce platform will become a member of Libra Association, contributing at least $10 million and operating a node that processes transactions for the Facebook-originated stable coin. If Libra manages to
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Microsoft Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government on Thursday. Nadella said the investment is “focused on expanding access to digital technology for people and organisations across the country.” Microsoft will build a
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Through a circular on Friday, the National Payments Corporation of India (NPCI) said that it has agreed to revise the UPI interchange and payment service provider fees to “zero” for all domestic UPI merchant (P2M) transactions with retrospective effect from January 1, 2020. The abolition of the fees has been made for an interim period
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