The Economic Time
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Amazon India hikes seller commission across categories as etailer cuts costs
Ecommerce companies like Amazon and Flipkart make money by charging commissions and fees from sellers for products sold through the marketplace....
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Mark Zuckerberg announces new WhatsApp feature called Chat Lock
WhatsApp said this feature lets users protect their most intimate conversations with a password and secures them in a separate folder, and when...
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ZestMoney founders to exit troubled fintech firm post PhonePe deal falling through
“There was a town hall held on Monday by the management where the founders informed the rest of the team that they are leaving the company,”...
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President Emmanuel Macron and Elon Musk discuss attractiveness of France
The two also discussed digital regulation at Macron’s Elysee palace in Paris. Musk is in Paris for Macron’s annual “Choose France” Business summit.
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Silicon Valley automotive ethernet chip startup Ethernovia raises $64 million
Ramin Shirani, Ethernovia's co-founder and CEO, said he started the company in 2018 to build a single ethernet network in the car that would be...
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Puma India head Abhishek Ganguly’s new startup raises $52 million funding
Of the Rs 430 crore, Convergent Finance LLP, led by Harsha Raghavan — a former Fairfax India executive — has invested about Rs 400 crore.
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RuPay goes live on CVV-less payments for tokenized cards
Tokenization is a simple technology to secure card transactions without sharing the clear or real card details with the merchants.
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Philadelphia Inquirer hit by cyberattack causing newspaper's largest disruption in decades
The company was working to restore print operations after a cyber incursion that prevented the printing of the newspaper's Sunday print edition,...
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Australia's Aristocrat Leisure to buy software firm NeoGames for $1 billion
Australia's Aristocrat Leisure on Monday said it has entered a deal to acquire Israel-based software firm NeoGames S.A. for $1.0 billion as the...
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US investor Janus Henderson cut PharmEasy valuation by half to $2.8 billion
The global investor, which picked a stake in PharmEasy in September 2021, has reduced the valuation of its holding in the firm by half, which...