News highlights – July 21

Written by on July 22, 2016 in News with 0 Comments

News highlights from Thursday, July 21

A man passes Grab transport booking service app advertisements at a train station in Singapore. REUTERS/Edgar Su

A man passes Grab transport booking service app advertisements at a train station in Singapore.
REUTERS/Edgar Su

Ride-hailing service Grab partners Indonesia’s Lippo for mobile payments

Southeast Asian ride-hailing service Grab said on Friday it is teaming up with Indonesian conglomerate Lippo Group to implement a payments platform. This will be Grab’s first step to providing a mobile payments solution more widely across Southeast Asia and will extend its reach beyond transport, Grab said in a statement.

Samsung sues Huawei in China for patent infringement

Tech giant Samsung Electronics Co Ltd said  it sued Huawei Technologies Co Ltd for patent infringements through multiple courts in China, escalating a legal conflict between the smartphone rivals.

The suits mark the latest salvo in a fight between the world’s No. 1 and No. 3 smartphone makers, who compete fiercely across the world in an industry that researcher IHS says is worth $332 billion this year.

PayPal seeks to extend reach with Visa tie-up

PayPal Holdings Inc moved to extend the reach of its online payments business through a deal with Visa Inc that is expected to boost the revenue and number of users of the money-transfer service.

The partnership announced on Thursday is intended to make it easier for customers to use Visa credit and debit cards in PayPal transactions and allow shoppers to use PayPal in brick-and-mortar retail locations. It is PayPal’s latest effort to bring its internet payments service to the physical checkout line.

Comcast to offer prepaid TV and internet service

Comcast Corp, the No. 1 U.S. cable company, said on Thursday it will introduce prepaid TV and internet services to attract customers whose credit ratings do not quality them for postpaid services.

Tinder launches Social to let users hang out in groups

Now, you can use Tinder to plan a night out and take along your friends to meet strangers.

The popular dating app, owned by website operator Match Group Inc, has launched “Tinder Social” that allows a user to form a group by adding up to 3 other members and connect with other groups to go anywhere from a concert to a pub crawl.

Ag-tech startup Indigo raises $100 million new funding round

Agriculture technology startup Indigo has raised $100 million in a new round of funding, bringing its total financing to more than $150 million, a sign of growing investor interest in new ways to ease food scarcity.

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