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Paytm blocks credit cards of banks to check misuse

Paytm on Wednesday said it has blocked credit cards of nationalised banks after it realised that financially savvy merchants and bank staff were exploiting their discounts to rotate cash for free credit and loyalty points. Paytm in a lengthy blog post described how users started funding their Paytm wallet with their credit cards and transferring it to their bank accounts …

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Xbox announces $9.99 monthly subscription

Microsoft Corp’s Xbox division said it would launch a $9.99-per-month subscription service that will allow gamers to play over 100 Xbox One and “backward compatible” Xbox 360 videogames. The service, “Xbox Game Pass”, will allow subscribers to download games directly to a console and play them online as well as offline, Phil Spencer, head of Xbox, said in a blog …

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LG G6 launch at MWC 2017: LG takes a dig at Samsung Note 7

Samsung’s fiasco with its fire-prone Note 7 phone has pushed its rival LG to take additional precautions with its next smartphone. LG says it hasn’t had the types of failures that Samsung has had with the Note 7 batteries, yet wireless carriers are seeking greater safety assurances for all phones they sell. Samsung recalled millions of Note 7 phones after …

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Apple Watch Series 3 may sport ‘new touchscreen’

Apple Watch Series 3 may come with a new display material. The Cupertino-based tech firm may start using G/F (glass-film) touch solution for the upcoming smartwatch, reports Digitimes. For those unaware, Apple used G/G (2 pieces of glass) touch panels for Apple Watch and later shifted to TOL (touch on lens) for the second-generation model. According to the report, the …

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‘Virtual reality adds transparency to storytelling and narrative journalism’

: Memesys Culture Labs, founded by National Award-winning filmmaker Anand Gandhi, has launched a virtual reality (VR) app ElseVR channel. Its members said that it will help to bring a transparency in storytelling and narrative journalism. Shubhangi Swarup, executive editor of ElseVR channel, told IANS here: “Coming from print journalism, I think it is not the print that is becoming …

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Stock research looks for new ways to stay relevant

Wth investment firms cutting costs and portfolio managers combating a barrage of information, financial research shops around the globe are looking for new ways to keep their product relevant. A raft of startups have launched to support that effort, offering tools that can use Google search data to get an edge on retail sales, deploy drones to examine oil supplies …

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IndiaQR code launch put off as government seeks more details

A proposal to widen card acceptance across the country through the launch of IndiaQR, which would enable payment by scanning QR codes with a smartphone, has got delayed. IndiaQR, which was to be launched around Republic Day, will take longer as the government wants a host of details including Aadhaar number, Unified Payment Interface (UPI) and bank account details in …

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Majority of Reliance Jio users want to retain service: Study

Over 85% of the current Reliance Jio customers have expressed interest to retain connection even after its free 4G service offer expires on March 31, 2017, as per a sample conducted by Bank of America- Merrill Lynch. “An overwhelming majority over 85% – of Jio users will continue as paid consumers after the expiry of free offer. A further 8% …

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Microsoft may launch Xbox One successor this year

Redmond-based tech giant Microsoft seems to have its plans ready for gamers this year. The company is reportedly planning to launch the successor to its Xbox One gaming console, dubbed ‘Project Scorpio,’ later this year. According to a report on OnMsft website, Xbox Project Scorpio will be 4K resolution-ready and have VR compatibility. Reports from other sources point to a …

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These are Apple’s ‘conditions’ to manufacture iPhones in India

Apple wants the government to relax labelling rules so that it doesn’t have to print product-related information directly onto devices to avoid cluttering up their minimalist design. That’s one of the concessions Apple has sought after expressing its intention to start manufacturing in India, an official said. The Department of Industrial Policy and Promotion (DIPP) forwarded the iPhone maker’s request …

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