23 December 2016, India:
US-based PayPal might buy a minority stakes in Snapdeal-owned FreeCharge as per the Mint report.
PayPal is an online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. FreeCharge is similar to that, just an Indian version.
Two people aware of the situation told Mint, The deal could see the sale of a 25% stake for around $200 million.
(Developing)
An OpenAI artificial intelligence agent gained unauthorised access to an Australian Government Medicare statistics portal in June, accessing both public and non-public files and prompting an urgent investigation...
Read more
Praxis, a technology-focused company building around artificial intelligence, cryptocurrency and internet-native communities, has announced plans to develop a new tech-oriented enclave in Uruguay. The first phase of the...
Read more
Indian artificial intelligence startup Sarvam AI has launched Saaras V4, the latest version of its automatic speech recognition (ASR) model, with a focus on multilingual speech, Indian languages...
Read more
