Photo: Priyanka Parashar/Mint
Photo: Priyanka Parashar/Mint

Samsung Pay launches in China; Myntra to take over Forever 21’s retail chain

Samsung Pay launched in China to compete with rival Apple Pay and Huawei Pay; Myntra is in talks to manage the local retail chain of Forever 21

What the world is talking about

China’s top three web browsers made user data vulnerable, says report

China’s top three Web browsers collected and transmitted data in insecure ways, making hundreds of millions of users’ personal information vulnerable to unauthorized access, according to a report by a Canada-based human rights research group. The University of Toronto’s Citizen Lab said in a report that Tencent Holdings Ltd’s QQ Browser had been transmitting users’ data to its servers either with weak encryption or without encryption. This report followed two others by Citizen Lab that alleged similar alleged flaws in UC and Baidu browsers, owned by Alibaba Group Holding Ltd and Baidu Inc., respectively. There have been no reports of actual cyberattacks though. Read more

NYT may make it harder to use Facebook and Twitter to jump its paywall

The New York Times, which has one million digital subscribers, has started restricting some Facebook users’ access to the site to 10 articles a month. Read more

Augmented reality start-up Daqri acquires hologram maker to take on Microsoft HoloLens

Daqri, a little-known startup that makes a remarkably capable helmet with a visor that projects digital information onto the real world, has big ambitions: It wants to put augmented reality everywhere and take on the likes of HoloLens from Microsoft and Magic Leap.

Samsung Pay launches in China, competes with Apple

After much hype, Samsung Pay has launched in China where it will compete with rival services such as Apple Pay and Huawei Pay.

What to watch out for

Myntra in talks to take over Forever 21’s retail chain in India

Indian start-ups counting on rural reach to boost e-commerce

Analysts estimate that the next 100 million people who will participate in e-commerce will be from India’s smaller towns.

Why Saama sold its Snapdeal stake

Last November Saama’s co-founder Ash Lilani did the unthinkable by selling his firm’s stake in Snapdeal. As summer turns to winter in India’s start-up market, the decision may have been perfectly timed.

Flipkart, Snapdeal founders trade barbs over Alibaba’s India entry

Flipkart co-founder Sachin Bansal and Snapdeal’s Kunal Bahl duel on Twitter.

Aprameya 2.0

Life after starting TaxiForSure with 8 lakh and selling it for $200 million

Why this Indian start-up has saved all the millions it raised in a venture capital funding round.

Funding news

Robin Uthappa has HealthEminds on healthcare tech startups

Indian cricketer Robin Uthappa has invested an undisclosed amount in healthcare technology startup HealthEminds through his fund Caffeine Ventures.

Start-up classroom

When is the best time to raise money?

For the geeks

LG to bring new UX 5.0 to G5

LG has unveiled the new UX 5.0, which adds a slew of new features for the soon-to-be-released modular G5 and its accompanying accessories.

The fastest websites on the Internet today

The best websites are the fastest sites. It’s that simple. But, even now, there aren’t that many truly fast websites.

Oculus Rift Review

Watch and Read here

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