PayPal Holdings Inc. is pausing work on its stablecoin as regulators increase scrutiny of cryptocurrencies and a key partner in the project faces a probe by the New York State Department of Financial Services.PayPal had hoped to debut the stablecoin, which will be backed one for one by the US dollar, in the coming weeks, but will delay that work as it seeks to understand the changing regulatory … [Read more...]
BSNL-ZTE Alleged Scam: Delhi High Court Directs BSNL to Initiate Departmental Action
The Delhi High Court has directed Bharat Sanchar Nigam Ltd (BSNL) to initiate departmental action, as suggested by the CBI, against its officers for allegedly formulating improper tenders and lack of planning before issuing of purchase orders of GSM telephone mobile lines.The high court made it clear that it has not expressed any opinion on the merits of the imputations of allegations on the … [Read more...]
Xiaomi Leads Indian Smartphone Shipments Despite 25 Percent YoY Dip: IDC
Smartphones shipments in India plunged by over 27 percent to 29.6 million in the October-December quarter of 2022, from 40.6 million in the year-ago period, mainly due to inflationary pressures, market research firm IDC said on Friday.According to the report, dwindling consumer demand due to high inflation remained a challenge throughout the year despite the improved supply situation.Smartphone … [Read more...]
RBI Permits Use of Mobile-Based UPI Payments for Travellers From G20 Nations
The Reserve Bank on Friday issued instructions permitting travellers from G20 nations to use the mobile-based Unified Payments Interface (UPI) to make payments while in India.UPI is a system that bunches multiple bank accounts into a single mobile application, merging several banking features, seamless fund routing and merchant payments under a common platform.On Wednesday, the RBI had made an … [Read more...]
Spotify Shares Rise After Reports of Activist Investor ValueAct Taking Stake
ValueAct Capital Management has taken a stake in Spotify Technology SA, at a time when the audio streaming company is looking to cut costs."We welcome ValueAct as an investor in Spotify," a spokesperson for the Swedish company said on Friday, without disclosing further details on the investment.Spotify's shares rose 3.5 percent to $125 (nearly Rs. 10,300).ValueAct Chief Executive Mason Morfit … [Read more...]
Alibaba Group Sells Remaining Stake in Paytm Worth Rs. 1,378 Crore
China's Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about Rs. 1,378 crore through a block deal, stock exchange data showed on Friday.The exit comes days after Paytm posted its first-ever quarterly operating profit as a listed firm, nine months ahead of its own target.Alibaba.com Singapore E-Commerce sold 21.4 million shares of Paytm on Friday at Rs. … [Read more...]
Nokia G22 Spotted on Geekbench Listing; Tipped to Feature Unisoc T606 SoC: All Details
Nokia G22, an upcoming smartphone from the Nokia G-series, has recently appeared on benchmarking website Geekbench, hinting at some of its key specifications. As per the listing, the smartphone could run on Stock Android based on Android 12 out-of-the-box. The Nokia G22 has been spotted to come with an octa-core 1.8GHz Unisoc T606 SoC. It could feature 4GB of RAM, as per the information provided … [Read more...]
Redmi 12C Global Variant With MediaTek Helio G85 SoC Surfaces on Geekbench Ahead of Launch
Redmi 12C could be launched in global markets soon. Conflicting reports regarding the branding of this upcoming handset have surfaced online. The handset was previously tipped to launch globally as the Poco C55, while a recent report suggests that the Redmi 12C will debut in India in this month. Now, a new Xiaomi handset has surfaced on the Geekbench database. It is believed to be the global … [Read more...]
Garmin Instinct Crossover Solar Review: A Fun, Multi-Sport Smartwatch With an Analogue Twist
Garmin's Instinct Crossover Solar hybrid smartwatch is an update to its Instinct 2S Solar, which was launched in India last year. While the Instinct 2S Solar was launched as a multi-sport smartwatch with a rugged design, the Instinct Crossover Solar adds several updates. The visual updates include analogue hands for timekeeping, and a solar panel which can be used to charge the … [Read more...]
OnePlus 11 5G, OnePlus Buds Pro 2 Review: Incremental but Noteworthy Upgrades
OnePlus 11 5G — the successor to the OnePlus 10 Pro 5G that debuted last year — made its debut in India on Tuesday. This handset may not have the word “Pro” in its name, but it is powered by the latest Qualcomm Snapdragon 8 Gen 2 chipset and supports 100W fast charging. The company also launched the OnePlus Buds Pro 2, which is claimed to offer big improvements over its predecessor. Meanwhile, the … [Read more...]
Oppo Find N2 Flip Foldable Smartphone Launch Event Scheduled for February 15
Oppo Find N2 Flip's global launch event is set to take place on February 15, as announced by the company. However, it appears that the Oppo Find 2 will not be making its way to the global market. Both these foldable smartphones have been launched in China. The Oppo Find N2 Flip sports a clamshell foldable design. It gets a 6.8-inch primary full-HD+ AMOLED display and a 3.62-inch cover display. … [Read more...]
Sony NW-A306 Walkman Digital Audio Player With Hi-Res Wireless Audio, Up to 36 Hours Battery Life Launched in India
Sony NW-A306 Walkman digital audio player has been launched in India, priced at Rs. 25,990. The new premium digital audio player from Sony sports a 3.6-inch HD (1280x720-pixel) TFT colour display, and has a 3.5mm stereo audio socket for wired connectivity with headphones and earphones. The audio player also features Bluetooth and Wi-Fi connectivity, with support for Bluetooth 5 and the LDAC … [Read more...]
Supreme Court Dismisses Google's Plea to Modify January 19 Order Upholding NCLAT Decision on CCI Penalty
The Supreme Court on Friday refused to entertain the plea of Google LLC seeking modification of its January 19 order and said the company can raise its grievances during hearing of its appeal before the NCLAT.A bench of Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala said at most it can add "without prejudice" in the January 19 order and nothing more.Senior advocate … [Read more...]
Ptron Basspods Flare With Up to 35-Hour Total Playtime Launched in India: All Details
Ptron, the homegrown company has launched its latest pair of earbuds in the affordable segment. Dubbed as Ptron Basspods Flare, the new truly wireless (TWS) earbuds from the company offer up to 35 hours of total playback time, 13mm dynamic drivers, a 40ms low-latency Gaming Mode ,and more. They also support Bluetooth version 5.3. The Basspods Flare earbuds come with a unique, super-hero-inspired … [Read more...]
Government Said to Revoke Ban on LazyPay, Kissht, Other Fintech Firms
The government will revoke the ban imposed on fintech firms LazyPay and Kissht after representations were made by these companies, a senior official said on Friday.The government last week ordered the blocking of 232 apps operated by overseas entities, including Chinese, for being involved in betting, gambling and unauthorised loan service.Sources said that the government will revoke the ban on … [Read more...]
ISRO Launches SSLV-D2 Mission Months After Facing Partial Failure
Indian Space Research Organisation (ISRO) launched the Small Satellite Launch Vehicle — SSLV-D2 from the Satish Dhawan Space Centre at Sriharikota on Friday.The launch has put ISRO's earth observation satellite EOS-07 and two co-passenger satellites Janus-1 and AzaadiSAT-2 into a 450 km circular orbit around the Earth.According to ISRO, the second developmental flight of SSLV-D2 was scheduled … [Read more...]
7 Epic Reasons Why You Should Pre-book Samsung Galaxy S23 Ultra Right Now
Samsung has once again set the smartphone industry on fire with their latest addition to the Galaxy S lineup - the S23 Series. Although this series consists of three top-of-the-line smartphones, each has been designed to cater to different needs and preferences. So, whether you're a photography enthusiast, an avid gamer, a professional, or simply someone who wants a high-quality smartphone to keep … [Read more...]
Realme 10 Pro 5G Coca-Cola Edition First Impressions: Is the Hype Real?
Smartphone and pop culture collaborations aren't new, but a special edition phone with a beverage brand is not something we see very often. Realme has partnered with the globally recognised brand, Coca-Cola, and the result is worth checking out. Realme has launched the Realme 10 Pro 5G Coca-Cola Edition smartphone, and here's our first impressions of the device.This special … [Read more...]
Samsung Galaxy A34 5G, Galaxy A54 5G Price Tipped Ahead of Launch: All Details
Samsung is said to be developing a new batch of Galaxy A series smartphones. These smartphones are scheduled to be released in the first half of 2023. The Galaxy A34 5G and Galaxy A54 5G have previously been spotted on various certification websites. There have also been reports and leaks about the features and specifications of the two purported smartphones. A recent leak has now hinted at the … [Read more...]
Tecno Pop 7 Pro With 6.6-Inch Display, Dual Rear Cameras Confirmed to Soon Launch in India
Tecno Mobile has confirmed that the Tecno Pop 7 Pro will be soon launched in India. This entry-level smartphone has already been released in some African markets. It is believed to be a rebranded version of the Tecno Spark Go 2023 that was launched in India earlier this year. This handset has a 6.6-inch HD+ IPS Dot Notch display. It is powered by a quad-core chipset, which could be a MediaTek … [Read more...]
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