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Walmart’s PhonePe zips past Google Pay in India as UPI tops 2B monthly transactions

UPI, a payments infrastructure built by India’s largest banks, surpassed 2 billion transactions last month, exactly a year after hitting the 1 billion monthly transactions milestone.Driving the transa

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WhatsApp is now delivering roughly 100 billion messages a day

WhatsApp, the popular instant messaging app owned by Facebook, is now delivering roughly 100 billion messages a day, company’s chief executive Mark Zuckerberg said at the quarterly earnings call Thu

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Security testing firm NSS Labs ceases operations, citing coronavirus

Security testing company NSS Labs “ceased operations” last week, the company said in a notice on its website, citing impacts related to the ongoing coronavirus pandemic.The Austin, Texas-b

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Pakistan to unblock TikTok after it vows to moderate content

Pakistan has decided to lift a ban on popular social media app TikTok after the company vowed to block all accounts involved in spreading "obscenity and immorality," the country's telecom authority s

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U.S. judge 'not inclined' to reverse decision on WeChat app store ban

A U.S. judge in San Francisco on Thursday said she was "not inclined" to reverse her decision blocking the government from barring Apple Inc and Alphabet Inc's Google from offering WeChat for down

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Pakistan bans TikTok over 'immoral and indecent' content

Tiktok continues to face scrutiny from governments around the globe due to concerns over privacy, security and content shared.

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Ambani sells over $750 million Reliance Retail stake to Abu Dhabi Investment Authority

Abu Dhabi Investment Authority, which invested $750 million in Indian telecom giant Jio Platforms in June this year, has returned to invest just as much capital in Mukesh Ambani’s other venture.

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Singapore’s GIC to invest $752 million in Reliance Retail

GIC, Singapore’s sovereign wealth fund, will invest $752 million in Mukesh Ambani’s Reliance Retail, the Indian firm said Saturday midnight.The Government of Singapore Investment Corp is the fi

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Indonesian fintech startup BukuWarung gets new funding to add financial services for small merchants

A month after completing Y Combinator’s accelerator program, BukuWarung, an financial tech startup that serves small businesses in Indonesia, announced it has raised new funding from a roster of high-

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U.S. judge halts order to remove WeChat from app stores

A U.S. judge early Sunday blocked the U.S. Commerce Department from requiring Apple Inc and Alphabet Inc's Google to remove Chinese-owned messaging app WeChat for downloads by late Sunday.U.S. Magist

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Tencent seeks 'long-term solution' to U.S. WeChat ban

The logo of Tencent is seen at the 2020 China International Fair for Trade in Services, September 6, 2020, Beijing. /VCG WeChat developer Tencent on Sunday said the application may not be able

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Tencent: U.S. ban 'unfortunate,' will keep looking for solution

WeChat developer Tencent has called the U.S. ban on the app starting from Sunday "unfortunate," saying the company will continue discussions with the U.S. government for a long-term solution.The U

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Facebook launches Facebook Business Suite, an app for managing business accounts across Facebook, Instagram and Messenger

Facebook this morning launched a new app designed to make it easier for businesses to manage their pages and profiles across Facebook, Instagram and Messenger in a single place. The app, Facebook Bus

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FB Messenger chief Stan Chudnovsky is coming to Disrupt

Stan Chudnovsky last spoke at Disrupt in 2016, so we’ve got a lot to catch up on.Chudnovsky remains in charge of Facebook Messenger — his current title is VP of Messenger — so he can tell us m

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TikTok’s rivals in India struggle to cash in on its ban

For years, India has served as the largest open battleground for Silicon Valley and Chinese firms searching for their next billion users.With more than 400 million WhatsApp users, India is already the

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Facebook is bringing a Shop section to its app, while Instagram expands Live Shopping

Facebook is announcing a number of new e-commerce features both within the main Facebook app and on Instagram.The pandemic has forced many businesses to shift online, and Facebook made a big announce

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Indian lawmakers accuse Facebook of political bias

Facebook is facing heat in India, its biggest market by users, over a report that claimed the company compromised its hate speech policy to favor the ruling party.Politicians from both Bharatiya Jana