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Square’s New Apple Pay And Chip Card Reader Available To Pre-Order

Shortly after going public,  Square  announced that its new card reader is now available to pre-order on  its website  for $49. The new reader will ship in early 2016. It’s been a slow roll-out for the company’s new reader as Square first teased it at Apple’s WWDC in June. Compared to the good old Square reader that you put in your headphone jack, this one packs a few new features. First, it supports Apple Pay, and potentially other contactless payment systems. It has an NFC chip and a tokenization system for secure contactless payments. Second, the new bigger design comes with a new slot for chip cards in case you can’t pay with your phone. Finally, it’s a wireless reader that connects to your phone or tablet using Bluetooth. It has a small built-in battery and you can recharge it with a standard microUSB port. According to  Square’s website , 100 retailers are already using the new reader. But the company has yet to ship the new rea...

How ad-free subscriptions could solve Facebook

At the core of Facebook’s “well-being” problem is that its business is directly coupled with total time spent on its apps. The more hours you pass on the social network, the more ads you see and click, the more money it earns. That puts its plan to make using Facebook healthier at odds with its finances, restricting how far it’s willing to go to protect us from the harms of over use. The advertising-supported model comes with some big benefits, though. Facebook CEO Mark Zuckerberg has repeatedly said that “We will always keep Facebook a free service for everyone.” Ads lets Facebook remain free for those who don’t want to pay, and more importantly, for those around the world who couldn’t afford to. Ads pay for Facebook to keep the lights on, research and develop new technologies, and profit handsomely in a way that attracts top talent and further investment. More affluent users with more buying power in markets like the US, UK, and Canada command higher ad prices, effectively...

Report: Amazon Is Building An App To Let Normal People Deliver Packages For Pay

Amazon is apparently enlisting everyday humans in its network of endless online shopping delivery. The WSJ reports that the ecommerce giant is working on an app internally that would allow the average consumer to make a little cash by picking up Amazon packages at various retail locations and dropping them off at their final destination. WSJ’s sources did not have a timeline for the release of this product, internally called ‘On My Way,’ and were unsure whether it would launch at all. Amazon has spent years not only iterating the way it tailors your online shopping experience — the mega retailer has one of the best suggestion engines in the business — but also the way that it gets you your products with speed and convenience. Besides the standard shipping (or two-day for Prime members), Amazon has fiddled with the idea of letting Uber drivers and yellow cabs deliver products same-day, as well as using bike messengers and third-party delivery services for Prime N...

Budding #entrepreneur from Chandigarh University!!

Budding #entrepreneur from Chandigarh University!! #CU #students unfolded their creative ideas and presented them with a productive shape! Meet Our #Automobile #Engineering student - Trilok Singh, who has started his own start-up with the name GEARR TECHNOLOGIES under the guidance of CU-TBI. This start up focuses on affordable high end #Bicycles and its high #technology equipment’s. This start- up will bring to the Indian audience the scope of Products, #innovation, creativity and customization available in the market. Watch the video!!

India’s Nexus Venture Partners Announces New $450M Fund

Nexus Venture Partners  — the top-tier Indian VC firm which counts  Snapdeal , Etsy-like Craftsvilla and medtech startup Lybrate in its portfolio — has reloaded for more deals after it announced its newest $450 million fund. The fund, which is the nine-year-old firm’s fourth to date, takes it to over $1 billion in capital under management — becoming the first Indian VC to reach that milestone. Nexus, which has invested in more than 60 companies to date, said the capital will be used for seed and early-stage deals once again. In particular, the firm is looking closely at retail, financial services, health and education in the consumer space, in addition to promising companies in the enterprise space. Nexus’ previous fund — its third — closed at $270 million in 2012, but now it has ramped up in line with increased interest and activity in India’s startup space. “We are thankful to our investors that continue to ba...