While WhatsApp Pay may prove to be the icing on the cake, the messaging service has already transformed businesses of many sellers-through chat windows.
Even as WhatsApp faces challenges in India, the collaboration to help budding start-ups comes as a welcome reminder of the potential that big technology companies have, in terms of their ability to lend support
In response to a question in the Lok Sabha, MeitY said it is amending its Information Technology Rules, 2011 where social media companies will be mandated to trace the originator of fake news
Sanjay Dhotre, minister of state for IT told Rajya Sabha that changes will be introduced in Information Technology (IT) Act, to mandate social media and internet companies to trace the originator of posts made on the platform
RBI has told Supreme court that WhatsApp is not compliant with data localisation norms and has directed NPCI to stop full-scale launch of WhatsApp Pay in India
In the back of several recent controversies surrounding the company, the social networking giant introduced new logos to distinguish between the company and the app, and aims to make it clearer to customers about the various Facebook-owned products they use.
Constrained by their inability to intercept messages or dilute end to end encryption, Apps have attempted to deploy various techniques to facilitate users to curb fake news
According to Capgemini's World Wealth Report 2018, if BigTechs like Google, Alibaba, Amazon, Facebook and Apple plan to expand into the wealth management space, as much as USD 12 trillion could be moved under their wings