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Key Speakers at the WEF India Economic Summit

$23-bln investment makes Reliance Jio the world's largest startup

India's largest private industrial conglomerate Reliance Industries Ltd (RIL) has announced that its telecom venture Jio is the world's biggest startup with an estimated investment of INR 150,000 ($23 billion). A soft launch of Reliance Jio is expected in April 2016.

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Yahoo Said to Propose Job Cuts as Part of Mayer's Revival Plan

Yahoo revises bylaws allowing proxy access

Allowing proxy access, Yahoo Inc has revised its bylaws. It'll also enable long-time shareholders to nominate candidates at board on ballots. The new bylaws will come into force after 2016 annual general meeting (AGM) scheduled in June or July.

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City Tour Of The 'Connected City' Ahead Of Mobile World Congress 2014

Yahoo Potential Buyers Have 14 Days to Present Their Bid

Yahoo potential buyers only have until April 11 to submit their bid. Along with the proposed amount are details on how the purchase would be financed, conditions or approvals to be met and what important foundation to make by deciding to push through with a deal. Verizon and Time Inc. already shown interest to acquire Yahoo’s core business the past few months.

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Paris Games Week 2015 At Porte de Versailles In Paris

Ubisoft Managing Director Noticed Trust Established by Filipinos in Ubisoft Singapore, Expands Studios to the Philippines

Game developer Ubisoft is expanding its business to the Philippines and will be named Ubisoft Philippines. It will be headquartered in Sta. Rosa, Laguna which is a great geographical site. One reason for the move is the trust established by Filipino employees led by manager Chip Go that was being noticed by Ubisoft Managing Director Oliver de Rotalier.

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The Samsung Studio At SXSW 2016

Samsung Pay Is Now Available In China

Samsung Pay has launched today in China trying to get a better position from its rival, Apple Pay and Alipay. Shoppers who use Samsung smartphones compatible with the company's newly launched mobile payment service will be able to pay for their purchases even without using a debit or credit card.

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General view of Paris

France Emerged as Booming Tech Landscape, Startups Raised Almost 1 Billion Euros in 2015

French tech startups managed to secure almost 1 billion euros in funding last year, establishing the country’s place in the European tech landscape. Most investments were still made by domestic investors, although there are prominent foreign investors involved in big fundings.

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Vigil Held In Trafalgar Square For Brussels Terror Attack Victims

European Authorities Are Evaluating Encryption Issues Following Brussels Attack

In the wake of Brussels attack, more European countries are considering making new policies that would legally require tech companies to hand over encrypted information when needed. That will affect tech companies around the world as Apple is pushing forward to fight back in the U.S. as well as in Europe.

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JAPAN-BANK-ECONOMY-BOJ

Japan gears up for fintech revolution

Japan is planning big for exploring 'fintech' (financial technology) segment. The world's third largest economy has decided to ease restrictions on investment in the fintech sector. After the proposed Bill is cleared by Japan's Parliament, banks can have 100 percent holding in non-finance related firms.

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Samsung China Semiconductor's Ground Breaking Ceremony

China to make inroads into global chip making

China is planning to become a major force in the global semiconductor segment. State-run XMC is setting up a major $24-billion semiconductor project in association with a US company.

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Steve Jobs Introduces iCloud Storage System At Apple's Worldwide Developers Conference

Wall Street is Skeptical About Apple Being Google’s Cloud Service Big Costumer

Deutsche Bank expressed its skepticism on the hype created around Apple’s shift to Google’s Cloud Platform from Amazon’s AWS. The bank believes that the move will not have a significant impact and that Apple is just trying to reduce its reliance on just one service.

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DraftKings Inc. And FanDuel Inc. Applications As Ad Spending Increases

FanDuel and Draft Kings Will Stop Operations in New York

Fantasy sport games FanDuel and Draft Kings will stop their paid contests in New York. The companies will wait for regulation to legalize their operation.

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Financial Information Services Company   Markit Goes Public On NASDAQ Exchange

Information Giants IHS and Markit Agreed to Merge at $13 Billion Deal

IHS and Markit, two of the information titans announced of their merger with a $13 billion deal. Once the deal is closed, it will be renamed IHS Markit with a "definitive agreement" for "an all share of equals".

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Prime Minister Narendra Modi Attends 25th Foundation Day Of Nasscom

India moves WTO over US doubling visa fees

India is seeking World Trade Organization's (WTO) intervention over increasing visa fees by the US. The visa fee for H-1B has been doubled to $4,000 and it's $4,500 for L-1 visa, as fixed by the US government.

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Spotify

Spotify Agrees to Pay $21 Million for Music Royalties

The streaming service company on Wednesday reached the deal over music royalties with the National Music Publisher's Association (NMPA). Spotify will pay $21 million worth of royalty to publishers and songwriters.

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CeBIT 2016 Digital Technology Trade Fair

Apple Expands Cloud Service With Google While Preparing Its Own Infrastructure

Alphabet's Google has landed Apple as a customer for its cloud computing platform. Apple has started to store part of its cloud service in Google cloud platform, while also building its infrastructure.

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