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Flipkart has announced partnerships with several banking, insurance and financial service entities, ahead of The Big Billion Days, to make shopping on the platform more affordable than before.

Through these partnerships, the company is offering affordable credit options through seventeen leading banks, NBFCs (non-banking financial companies) and fintech players on the platform, which will drive credit accessibility for over 70 million customers.

Flipkart has partnered with State Bank of India (SBI) and SBI Card to provide a 10 per cent discount to their debit and credit cards holders.

“At Flipkart, customer-centricity is at the heart of all our endeavors, as we create increased shared value for all our stakeholders and partners in

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Facebook has just leased enough new office space in Manhattan to nearly triple its current local work force, including at one of the city’s most iconic buildings, the 107-year-old former main post office complex near Pennsylvania Station.

Apple, which set up its first office in New York a decade ago, is expanding to another building in Manhattan. And Google and Amazon are stitching together corporate campuses in the city more quickly than anywhere else in the world. Amazon paid roughly $1 billion in March for the iconic Lord & Taylor building on Fifth Avenue.

Despite a pandemic that has ravaged New York, hollowed out many of its office buildings and raised fundamental questions about its future, the four companies collectively known as Big Tech are all significantly expanding their footprint in the city, giving it a badly needed vote of confidence.

With fears that the virus could spike again in

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A new version of the pocket-sized BBC micro:bit computer is coming to schools worldwide, packed with new features designed to keep young students up-to-date with the latest hot trends in technology. 

New hardware will help young coders make experiments with artificial intelligence, and build applications running machine-learning systems. The micro:bit 2.0 also includes, for the first time, a built-in speaker and microphone, so that sound-based projects no longer have to be connected to exterior audio systems – while also letting the device respond and react to sounds like clapping. 

And in a nod to big tech and the industry’s privacy headaches, an LED will flash to make it clear when the microphone is on and sensing sound, to encourage young users to reflect on the pervasiveness of listening devices.

SEE: Technology in education: The latest products and trends (free PDF) (TechRepublic)

“We want to support teachers teaching or taking their

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(Bloomberg) — Mercari Inc., the online flea-market operator that has become one of Japan’s most closely watched tech ventures, is closing in on new highs as the stock has drawn both big and small money.

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The company has already grown to command the largest weighting on Japan’s startup-focused Mothers index as individual investors buy in — of some 230 of the largest Japanese companies with market value of over $5 billion, Mercari has the third-highest percentage of individual shareholders. Then on Oct. 7, Los Angeles-based money manager Capital Group declared it had taken a 5% stake in Mercari.

That’s helping propel the stock to near the 6,000 yen mark it hit just once, on the day it listed to great fanfare in 2018. After a rapid decline, the stock has worked its way back up this year, fueled by its first quarterly operating profit. That’s been helped by

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One of the great puzzles of the corporate world is why big corporations are still being run on obsolete 20th Century management principles when there is an obvious better alternative—21st Century management—that is producing unprecedented financial returns and market capitalizations.

“Most [firms] today are run on the basis of ‘legacy’ management systems that have become obsolete,” writes Menlo College professor Annika Steiber in The Silicon Valley Model. But why?

Even though 20th Century management is a coherent and consistent way of running a company, it is an increasingly poor fit with today’s fast-moving customer-driven marketplace. It has difficulty changing direction. It lacks agility. Here are ten reasons why 20th Century management still dominates.

1.    20th Century Management Operates As An Unstoppable Flywheel

Since 1970, 20th Century management has been preoccupied with a single-minded

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(Crucible Image)

Amazon Game Studios and Relentless Studios’ online third-person shooter Crucible will be taken offline. An entry labeled as a “final update” on its official development blog went up late on Friday afternoon to inform fans and beta testers that work on the game would be discontinued.

Crucible had been in development since 2014 when it launched on May 20, and was heralded as Amazon’s big attempt to break into the video game market. It was initially free to play and download, with a number of in-game purchases that offered new character costumes, additional currency, and other extras.

However, Crucible quickly ran into a host of problems, including server issues, lukewarm reviews, and criticism over its “freemium” pricing model. A little over a month later, on June 30, Amazon yanked Crucible from digital storefronts and returned it to a closed beta.

Since then, Crucible‘s primary developers at Seattle-based

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  • The five U.S. tech giants are now valued at about $7 trillion, up from $2 trillion five years ago.
  • As lawmakers made clear in a report released this week, they view Big Tech as having dangerous monopolistic power that needs to be checked.
  • A number of things have taken place in the past decade that turned the Silicon Valley-Seattle corridor into a target for Washington politicians.



Mark Zuckerberg wearing a suit and tie: Facebook Chief Executive Mark Zuckerberg walks past members of the news media as he enters the office of U.S. Senator Josh Hawley (R-MO) while meeting with lawmakers to discuss


© Provided by CNBC
Facebook Chief Executive Mark Zuckerberg walks past members of the news media as he enters the office of U.S. Senator Josh Hawley (R-MO) while meeting with lawmakers to discuss

After a 16-month investigation into competitive practices at the largest U.S. tech companies, Democratic congressional staffers laid out their findings this week in a 449-page report. They concluded that Apple, Amazon, Facebook and Google enjoy monopoly power that needs to be reined in, whether that means breaking the companies up, blocking

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The Money Reimagined Podcast

After reading this newsletter, make sure you check out the latest edition of our podcast. 

This week, Sheila Warren and I talk to Hyperledger Executive Director Brian Behlendorf about self-sovereign identity, the topic of the column below. A developer whose three-decade career has seen him deeply involved in efforts to foster a more open internet, Brian grasps, like few others, the nuances of how human beings should live within a rapidly changing digital economy.

Getting internet identity right, 30 years on

We tend to think of governments, with the data they collect on births, drivers licenses, tax returns and passports, as humanity’s primary identity managers. 

Arguably, internet platforms have usurped that role. Some store more identifying records than China – Facebook has 2.7 billion active users; Google manages 1.5 billion email accounts. Just as important, they can tie those records to our online behavior and gather

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Confirmed.

Shipped.

Delivered!

These notifications have kept me sane through
the pandemic. Between working from home, doing the dishes and dying to step out
– the kind delivery bhaiyas were
always the reason behind the much-needed excitement during these stay-at-home
days.

Now that we’ve all gotten used to (read: totally
hooked to) online shopping, how can we not exploit the biggest, most-awaited
and coolest Flipkart’s
Big Billion Days sale to the fullest! This sale is set to make a comeback on October 16 and here’s
what we’re adding to our gadget haul:

1) Some Goodies For Your Grooming Basket   

iStockiStock

With a lot of our focus shifting towards self-care (and also how we look on video calls) – it’s only wise to upgrade your grooming stash. We’re talking about a quality trimmer. Thanks to Flipkart’s Big Billion Days sale, there’s a sea of trimmers to pick from. Our tops picks

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House Judiciary antitrust subcommittee Chair David Cicilline.
Photo: Kevin Dietsch-Pool/Getty Images

Buried in the one of the most chaotic news cycles of the year, earlier this week the House Judiciary Committee published a report based on its 15-month investigation into the antitrust potential of tech’s big four: Google, Apple, Facebook, and Amazon. “To put it simply, companies that once were scrappy, underdog startups that challenged the status quo have become the kinds of monopolies we last saw in the era of oil barons and railroad tycoons,” the 449-page report from the antitrust subcommittee states. “They not only wield tremendous power, but they also abuse it by charging exorbitant fees, imposing oppressive contract terms, and extracting valuable data from the people and businesses that rely on them.”

On the most recent episode of the New York podcast Pivot, co-hosts Kara Swisher and Scott Galloway consider the massive investigation and why the

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