Jan 18, 2018 - Biggest boost for digital payments: Soon, you can make payments using WhatsApp

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Letting Go of Efficiency Can Accelerate Your Company- Here's How!
Most organizations, including the most tech savvy of startups, are working with a century-old framework, and they don't even know it, says Adam Pisoni, co-founder of Yammer. The first modern companies were bureaucratic juggernauts like the East India Company, and their practices still prevail. When you're running an empire, efficiency - not innovation - is king. For most of history, companies just needed to deliver products and services as quickly as possible to as many people as possible. Competition became about efficiency and scale, and the hierarchy of management we still use today emerged to divide the thinkers who had ideas and the doers who executed them. "You wanted the doers to have as little flexibility and empowerment as possible. They weren't supposed to make decisions; they were supposed to execute their task as efficiently and predictably as possible. Efficiency is great if you can plan for the long-term. If you know what you're going to do for a long period of time, you can really get into the nuts and bolts of how to do it efficiently. But because efficiency, by design, locks in roles, processes and practices, it also makes it much harder to change. More here

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MIT and Stanford Professors Are Designing a Cryptocurrency to Top Bitcoin: Unit-e

Researchers from seven colleges across the United States are working together on a supposedly groundbreaking cryptocurrency project which they say will offer scalability beyond anything that bitcoin can offer. Will a Cryptocurrency Called Unit-e Supplant Bitcoin? Known as Unit-e, the proposed cryptocurrency will purportedly have the capacity to rival Visa and Mastercard in terms of

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Today's TradeBriefs Cartoon

AI Crushes Crypto As Top Job For Tech Workers, AngelList Reports

A report released by AngelList revealed the top industries sought after by tech talent.

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Amazon seeks out brands like Zomato and ixigo to build Alexa skills

Jeff Bezos-led e-commerce portal Amazon, which also develops and markets products around its digital assistant Alexa, is looking for Indian brands to develop skills for its customers using the smart speaker.

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In India, Facebook seeks solutions to election issues it's facing in 50 nations

Facebook has created a training module for politicians and policymakers to safeguard the integrity of 2019 Lok Sabha elections

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Facebook creates new organisational structure for India

A Facebook spokesperson said that the move will help its Indian arm bring in more local accountability.

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Archana Vohra joins Facebook India as director of small and medium business

With over 20 years of experience, Vohra has worked with NDTV, Adlabs, Times Internet and Amazon

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Broadband for all: Why we aren’t talking about the quality of digital infra?

If India invests in high-quality new optical fibre network, upgrade or replace existing defective cables, and lay bend- and pressure-resistant fibre cables to increase FTTH (fibre to the home) capabilities, we will go a long way towards becoming a world leader

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PayU India likely to hive off its lending business as a separate entity

Gupta will take over as the new chief executive officer of the lending company, which will be named PayU Finance India and will operate out of Mumbai,..

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Fiserv to buy First Data for $22 billion to boost payments business

Fiserv said in a statement that the acquisition of First Data, enables it to offer services to financial clients

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Card payments set to be more secure, with RBI’s token rule

Card tokenisation services, once operational, will add another layer of security to your card transactions, without leading to any significant change in the way you transact digitally

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Here’s how India is benefiting from the AI revolution

Apart from engaging with customers and optimizing operations, AI is also making healthcare more accessible and affordable.

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Digital advertising to reach Rs 25,000 crore in India by 2021: DAN report

As of 2018, the Indian advertising market stands at Rs 61,878 crore and is estimated to grow with a CAGR of 10.62% till 2021 to reach a market size of Rs 85,250 crore

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The digital revolution sweeping the agriculture sector in India, and everywhere

In this new era, the farmer can use technology to gain control of the changing dynamics and leverage market insight without relying on traders.Farming has come a long way since the first farms were cr...

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