India stumped on how to cut PhonePe and Google dominance in payments

India is facing a quandary in enforcing long-delayed rules to curb the dominance of PhonePe and Google Pay in the country’s ubiquitous UPI payments network, which processes over 10 billion transactions monthly. The National Payments Corporation of India (NPCI), a special unit of the Indian central bank, wants to limit the market share of individual […]
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Bob W, a European short-stay apartment rental marketplace, raises $43M

Bob W, a marketplace for premium short-term apartment rentals, has raised €40 million ($43 million) in a Series B round of funding. Founded out of Finland in 2018, Bob W touts itself as a “tech-enabled hospitality operator,” with some 3,000 “aparthotels” offered for rent in 17 cities across Europe including Amsterdam, Athens, London, Berlin, Madrid, […]
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Samsung Galaxy Book 4 series pre-booking begin in India, launch imminent

/Galaxy Book 4 series pre-booking has started in India. To pre-order it, buyers can visit Samsung India’s website, leading online retailers, Samsung exclusive stores, and other offline retail outlets and make a payment of Rs 1,999 as a token. Those who pre-reserve the Galaxy Book 4 will get benefits worth Rs 5,000. According to Samsung, […]
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Macquarie cuts Paytm target on ‘serious risk of exodus of customers’

Macquarie dramatically cut its 12-month price target on One97 Communications, the parent company of digital payments firm Paytm, citing risks of customers leaving the platform in the wake of heightened regulatory scrutiny. Macquarie, which famously predicted the slump at Paytm before the listing, lowered its target to 275 rupees (down 57.7% from its previous target of […]
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President Biden has a meme strategy, and it’s leaning on Dark Brandon

President Joe Biden’s reelection campaign has finally set up shop on TikTok. Despite controversy in Congress over the app, TikTok is an indispensable tool for presidential candidates to reach young voters, experts say. “I wasn’t surprised at all to see that the campaign launched a TikTok account, because it would genuinely have been such a […]
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Hackers uncover new TheTruthSpy stalkerware victims: Is your Android device compromised?

A consumer-grade spyware operation called TheTruthSpy poses an ongoing security and privacy risk to thousands of people whose Android devices are unknowingly compromised with its mobile surveillance apps, not least due to a simple security flaw that its operators never fixed. Now, two hacking groups have independently found the flaw that allows the mass access […]
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That anti-Tesla Super Bowl ad just got the wrong kind of attention from the NTSB

The National Transportation Safety Board, a U.S. government agency that investigates crashes, has ordered the Dawn Project organization to stop using its seal after it appeared in a Super Bowl ad that called for consumers to boycott Tesla. The NTSB said in a letter that its seal must be immediately removed from the Dawn Project’s […]
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Spotify’s layoffs put an end to a musical encyclopedia, and fans are pissed

On a brutal December day, 17% of Spotify employees found out they had been laid off in the company’s third round of job cuts last year. Not long after, music fans around the world realized that the cult-favorite website Every Noise at Once (EveryNoise), an encyclopedic goldmine for music discovery, had stopped working. These two […]
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