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Flipkart Ups Its Offer For Snapdeal

PYMNTS

Flipkart, the Indian eCommerce company moved to raise its offer of to up to $950 million for Snapdeal, boosting the chances of the deal going through. A previous Reuters report pegged the price tag for the deal at between $800 million and $850 million, which Snapdeal’s board rejected. Flipkart is backed by Microsoft Corp.,

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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India

PYMNTS

The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.

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AI Startup Mad Street Den Closes Series A Round Of Funding

PYMNTS

million round of seed financing, which, according to a report , was the largest seed round raised by a startup ever in the Indian ecosystem. The company is registered in the U.S., In an interview, Chandrasekaran said the company continues to experiment with its current modules, aiming to find fits for the technology outside of retail.

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Bitcoin For Night Owls

PYMNTS

Growing impatient waiting for their ETF fund to be listed and to boost bitcoin trading, the cofounders of the Gemini Trust Company, a digital currency exchange based in the U.S., Purse And Unocoin Want A Piece Of Amazon’s Indian Pie. Bitfinex’s parent company, although token holders could have traded them in a secondary market.

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ToneTag CEO Sounds Off On Payments At The Speed Of Sound

PYMNTS

billion Indians can’t access pre-existing digital payment systems,” he told PYMNTS, “and fewer still can access the evolving developments or leading technologies which make payments easier.”. ToneTag, being a B2B company, does not have direct interaction with [end] customers,” he said. In such a scenario, a vast majority of 1.3

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Why It Pays To Break A 108-Year-Old Curse

PYMNTS

The Cubs defeated the Cleveland Indians 8-7 after undergoing a gut-wrenching 10-inning ball game to clench the title of MLB World Series Champions. According to ChicagoInno , Uber even surprised a select few fans by allowing former Cubs outfielder Andre Dawson to tag along on some rides. They won the World Series.

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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

Just an incredible, insightful conversation about how to build a company, how to grow through acquisitions, how to make sure everybody on your team understands their role, is appreciated, and is acting and performing at the highest levels. And those are the same problems for big companies as little companies. RITHOLTZ: Right.