Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., listens during a panel discussion at the Bloomberg Global Business Forum in New York, U.S., on Wednesday, Sept. 26, 2018. Mark Kauzlarich | Bloomberg | Getty Images Uber has bought food-delivery service Postmates for $2.65 billion in stock, the two companies announced Monday. The deal brings […]
Archives for July 2020
After TikTok ban, Facebook is reportedly testing Reels in India
Facebook is testing its Reels feature with select users in India, just days after the Indian government banned TikTok and 58 other Chinese apps citing security concerns, reports Business Insider. Reels allows users to create and edit TikTok-style short video clips up to 15 seconds to which they can lip-sync with music or other audio […]
The Latest In Financial Advisor #FinTech (July 2020)
Executive Summary Welcome to the July 2020 issue of the Latest News in Financial Advisor #FinTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors and wealth management! This month’s edition, with special AdvisorTech consulting guests Craig Iskowitz and Kyle […]
Aye Finance raises Rs 125 cr from Germany-based investor
Fintech startup Aye Finance on Monday raised Rs 125 crore in debt from Germany-based Invest in Vision, a top official of the company said. The company will use the fund to enhance lending for the micro enterprise sector, Aye Finance managing director Sanjay Sharma said. “Since our inception in 2014 we have been making affordable […]
Paytm to acquire general insurance firm Raheja QBE for $76 million
Paytm will acquire general insurance company Raheja QBE in a deal worth around $76 million, or Rs 570 crore. The online financial services provider said on Monday that founder Vijay Shekhar Sharma’s QorQI Technology will acquire 100% stake in the insurer from parent companies – Prism Johnson and QBE Australia – who are both seeking […]
Nellen to ENGAGE CPAs in untangling CARES Act quandaries
The global pandemic has offered many lessons in impermanence, including how parts of the tax reform legislation that seemed monumental upon its passage two and a half years ago have been temporarily rolled back to provide badly needed relief. To help CPAs manage the resulting fluctuations for their tax clients, longtime tax educator and immediate […]
Interactive Investor creates £36bn AUA group with takeover
Interactive investor (ii), the flat fee investment platform, has completed its takeover of rival The Share Centre, creating a group with 570,000 customers. The ii group has over £30bn in assets under administration, over 300,000 customers and more than 1m users. The Share Centre has 271,000 customers with £4.9bn in assets under administration. Together the […]
Privacy-focused search engine DuckDuckGo is again accessible in India
Privacy-focused search engine DuckDuckGo said that the search engine is accessible to users to search the internet in India days after the department of telecom blocked the platform. “We’re seeing our services being broadly restored in India. Thank you for all of your reports, bringing attention to this issue,” the company said on microblogging platform […]
CBSE, Facebook to train students and teachers on digital safety
The Central Board of Secondary Education (CBSE) on Sunday announced a partnership with Facebook to provide training on digital safety, online well being and training on augmented reality (AR) to students and teachers. The training modules are for the secondary school students. The curriculum is now available on the CBSE website. The curriculum on digital […]
Best NRE Fixed Deposit Interest Rates for NRIs – July 2020
NRE Fixed Deposit or Non-Resident External FD is one of the popular ard one of the best investments for NRIs/PIOs/OCIs because of two reasons: The interest rate is on the higher side as compared to their country of residence and the interest earned on NRE FD is tax free in India This post compares the […]