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Thursday, 2 December 2021

Crypto can bring about financial inclusion: Infosys chair Nandan Nilekani

"There is a role for crypto as assets but they obviously will have to follow all the laws and make sure that it doesn't become a backdoor for money laundering," Nandan Nilekani said.

from Tech-Economic Times https://ift.tt/2ZJyGPq

Wednesday, 1 December 2021

Afterpay delays vote on $29 billion buyout as Square awaits Spain nod

The investor meet was set for Dec. 6, but Afterpay said it would likely take place next year as Square is likely to get an approval from the Bank of Spain only in mid-January.

from Tech-Economic Times https://ift.tt/3lpje2M

Who is Parag Agrawal, Twitter’s new CEO?

Agrawal becomes the latest India-born executive to take over a major American technology company. Executives of South Asian descent are now at the helm of companies including Microsoft, Google and IBM.

from Tech-Economic Times https://ift.tt/31cWn3z

Grab's Nasdaq debut to set tone for Southeast Asian tech listings

The backdoor listing on Nasdaq marks the high point for Singapore’s Grab that began as a ride-hailing app and now operates across 465 cities in eight countries, offering food deliveries, payments, insurance and investment products.

from Tech-Economic Times https://ift.tt/3Efg3Ss

Uber adds ride booking via WhatsApp in India

The partnership allows access to Uber’s mobility services by sending a message to a WhatsApp chatbot, serving Lucknow to start and expanding to more locations in the near future.

from Tech-Economic Times https://ift.tt/3ofl9IV

Swiggy said to near $700 million fundraise in Invesco-led round

While Invesco will pour in $200 million, other existing investors such as Softbank will also participate. The deal values Swiggy, formally known as Bundl Technologies Pvt., at about $10.5 billion.

from Tech-Economic Times https://ift.tt/31lOzMq

Donald Trump’s social media venture seeks to raise $1 billion

Trump Media, which has yet to roll out the TRUTH Social app, says it already stands to receive $293 million if its deal to list in New York through a merger with SPAC Digital World is completed.

from Tech-Economic Times https://ift.tt/3G4xhCD