BENGALURU: Indian digital payments major Paytm has now expanded its operations to Japan in partnership with PayPay Corporation, which is a joint holding entity between Japanese telecom major Softbank and Yahoo Japan. With this partnership the company will be installing QRcode based payment solutions to digitise consumer retail payments in Japan by the second half of 2018. "It is an honour to work with Masa Son. He is a visionary entrepreneur who has seen it all: PC, telecom, mobile internet and now Artificial Intelligence, which is the way forward. We want to build a Paytm model on local AI that allows us to take mobile payments to a large population where other digital methods haven’t fully penetrated," said Vijay Shekhar Sharma, founder of Paytm. Japan still being a cash dominated economy has only 20% of its transactions happening digitally. With this partnership PayPay will target to double the share of digital transactions by 2025. The partnership will enable Japanese … [Read more...] about Softbank, Yahoo JV launches digital payment service in Japan with Paytm
Is Twitter too relevant to fail? Last week Twitter’s announcement that it would be making 336 employees redundant, about 8% of its workforce, prompted many to ask this question. The catatonic share price, and the reappearance of founder Jack Dorsey as CEO, are hallmarks of a corporate crisis even without the inevitable job cuts. A world without Twitter or with a radically changed Twitter is now unimaginable, as if television went off air in 1963 and never came back. There is journalism before Twitter and journalism after Twitter. No single company has ever had the power to report and disseminate events with the speed and geographic reach of the network. America holds its first television debate for Democratic candidates, Donald Trump livetweets it. If London Bridge is closing down, Twitter provides the eyewitness reports and pictures ahead of the broadcast news media. Journalists when they wake in the morning don’t first switch on the radio, they reach for their smartphones … [Read more...] about Can Twitter reinvent itself with packaged news before it gets sold?
Huawei has launched what it says is the world's first 5G communications hardware for the automotive industry. Experts say it is a a sign of the Chinese firm's growing ambitions to become a key supplier to the sector for self-driving technology. The company, which is also the world's biggest telecoms equipment maker, is striving to lead the global race for next-generation 5G networks. It has come under increasing scrutiny from Washington, which alleges that its equipment could be used for espionage. While Huawei has repeatedly denied the allegations, some fear that the technology could be used to monitor passengers inside the self-driving vehicles. Huawei has launched what it says is the world's first 5G communications hardware for the automotive industry (file photo) Huawei said in a statement that its MH5000 module is based on the Balong 5000 5G chip which it launched in January. 'Based on this chip, Huawei has developed the world's first 5G car module with … [Read more...] about Huawei launches ‘world’s first’ 5G network aimed at self-driving cars – but will the firm’s technology be used to spy on the people inside?
Waking up to a catchy pop songs such as the Beach Boys or The Cure rather than a beeping alarm can stop drowsiness, scientists claim. Melodic songs such as the Beach Boys' Good Vibrations and The Cure's Close to Me can drive away morning sluggishness, say researchers. The groggy, disorientated feeling in the first hour or two after waking, can lead to confusion, clumsiness and sluggish brain performance. Thought to be caused by an impaired transition from sleep to being awake, 'sleep inertia' as it is known has been linked to car accidents in drivers who have just woken up as their reaction times are slower. It has also been implicated in plane crashes where pilots have taken the controls immediately after a nap. Surviving Beach Boys members Brian Wilson (far left), David Marks (second left), Bruce Johnston (centre), Al Jardine (second right) and Mike Love (far right). Their hit Good Vibrations can help prevent drowsiness in the morning, researchers say But … [Read more...] about Why upbeat pop song like the Beach Boys’ Good Vibrations are more effective at waking you up than a beeping alarm
The explosion could be felt 30 miles away. At 9.07am on 1 September, a SpaceX rocket containing 75,000 gallons of liquid oxygen and rocket-grade kerosene ignited into a fireball that could be seen from orbit, billowing black smoke into the gray sky around its Cape Canaveral launch pad. On board was a $200m, 12,000lb communications satellite – part of Facebook CEO Mark Zuckerberg’s Internet.org project to deliver broadband access to sub-Saharan Africa. Zuckerberg wrote, with a note of bitterness, on his Facebook page that he was “deeply disappointed to hear that SpaceX’s launch failure destroyed our satellite”. SpaceX founder Elon Musk told CNN it was the “most difficult and complex failure” the 14-year-old company had ever experienced. It was also the second dramatic explosion in nine months for SpaceX, following a “rapid unscheduled disassembly” of a booster rocket as it attempted to land after a successful mission to the … [Read more...] about Rocket men: why tech’s biggest billionaires want their place in space