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Startups see RBI’s fintech sandbox as a positive but wary of some clauses

Mumbai: Startups have welcomed RBI’s proposal to start the so-called regulatory sandboxes where they can test out new financial products in realtime with limited regulations, but are wary of some of…

Facebook mentions Kashmir as separate country in blog, corrects it

Facebook apologised for erroneously naming Kashmir as a separate country in a blog post that mentioned countries targeted by an Iranian network and said it has removed the…

Boeing to offer safety feature as standard in 737 MAX software upgrade: Sources

Boeing Co plans to offer as standard a safety feature that might have warned earlier of problems that possibly played a role in the crashes of Ethiopian and…

Facebook Should Be Treated as Content Creator, Say Attorneys in Ad Policy Case

For the efforts it makes to “customise” audience for its advertisers, Facebook should legally be considered as a “content creator” just as any other media outlet, according to US attorneys…

WhatsApp to Build India Team as Part of Reported Steps to Curb Fake News

WhatsApp has informed the government that it is building a local team, including India head, as part of steps to check fake news circulation but has not met the…

PE firms emerge as source of capital for late-stage start-ups

PE firms provide an important alternative to late-stage investors such as SoftBank, Tencent and Alibaba. Photo: iStock Mumbai: Private equity (PE) firms are emerging as an important source of capital…

Top Twitter Users Lose 2 Percent of Followers on Average as Policy Changes

A Twitter policy change on Thursday to increase the service’s credibility cost its 100 most popular users about 2 percent of their followers, on average, according to social media data…

As Facebook Ages, Teens Look Elsewhere to Connect

Manon, 17, has a Facebook account but to connect with her friends she turns to other social networks like Instagram or Snapchat. “I don’t use it to post status updates or personal information,”…

YouTube Pushes Memberships, Merchandise as Alternatives to Ads

YouTube said on Thursday that video uploaders with more than 100,000 followers could start paid fan clubs on the service, one of several new features aimed at helping itself…

Redmi Note 5 Pro Launched in China as Redmi Note 5, With Some Upgrades

Xiaomi has been on a smartphone announcement spree for the past couple of months and it seems the phone maker is not willing to stop anytime soon. In…