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Google Pay is under the scanner of Competition Commission (CCI)
The Competition Commission of India (CCI) has decided to pursue investigation on two issues - these relate to “exclusivity regarding the mode of payment for the purchase of apps...
Nasdaq to acquire Verafin for $2.75 billion
Nasdaq is going to acquire anti-financial crime group Verafi for $2.75 billion, accelerating the US exchange's evolution into a Saas technology provider. Verafin provides to more than 2,000...
RIL completes fundraise of 47,265 crore for retail structure
The current phase of partner induction and fund raise exercise for RRVL was successfully completed by Reliance Industries Limited (RIL) and Reliance Retail Ventures Limited (RRVL). ...
PhonePe stands largest platform for buying digital gold with 35% market share
PhonePe has emerged as the largest platform for buying 'digital gold' with over 35 per cent market share. The company, in competition with Amazon Pay, Google Pay and Alibaba-backed Paytm, also said that it has seen a more than 6X jump in the volume of gold sold in the festival season this year....
Intel's power-management chip biz being acquired by MediaTek for $85 million
In a vision to expand its product line to offer integrated power solutions used in FPGA, SoC, CPU, and ASIC for the enterprise-level system applications. MediaTek has acquired Intel Enpirion power management chip product line-related assets,...
Apple cuts off the App Store commission to 15% for small businesses
Tech iPhone maker Apple has slashed off its App Store commission by half to 15% for small businesses earning up to $1 million (about ₹7.4 crore) per year on the platform. In the past, Apple and Google have been criticised for the high commissions charged from app developers....
Cisco expanding its cloud-native portfolio with acquisition of Banzai
Cisco is continuously expanding its product portfolio of cloud-native technology, expanding it further with its second deal for an international startup focused on Kubernetes since last month. ...
Atos introduces OneCloud Initiative with $2.4B Commitment
Atos is committing $2.4 billion to a new initiative aimed at proactively accelerating its customers’ migrations to the cloud through a one-stop shop incorporating 10 key Atos capabilities and personalized plans charting their journeys....
PowerStore to offer 20% upfront discount through the channel
In yet another example of our commitment to being Simple, Predictable and Profitable for partners, Dell Technologies is providing partners with a 20 percent upfront discount on its improved PowerStore deals...
Former Infosys Chief Senapathy Gopalakrishnan roped in as Chairperson of RBI's Innovation Hub
In August, the Reserve Bank of India announced that it will set up an innovation hub for accelerating innovation in the financial sector through effective use of technology. For the Reserve Bank Innovation Hub (RBIH), the central bank has roped in former Infosys Chairman and co-founder, Senapathy Gopalakrishnan as its first Chairperson....