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Salesforce acquires workplace app Slack for $27.7 billion

3Dec By AnkitaNo Comments

ACQUISITION

Salesforce acquires workplace app Slack for $27.7 billion

SAN FRANCISCO, 3rd Dec. 2020-- Salesforce (NYSE: CRM), the global leader in CRM acquire ost innovative enterprise communications platform Slack Technologies, Inc. (NYSE: WORK) for $27.7 billion. Combining Slack with Salesforce Customer 360 will be transformative for customers and the industry. The combination will create the operating system for the new way to work, uniquely enabling companies to grow and succeed in the all-digital world. "Stewart and his team have built one of the most beloved platforms in enterprise software history, with an incredible ecosystem around it,” said Marc Benioff, Chair and CEO, Salesforce. “This is a match made in heaven. Together, Salesforce and Slack will shape the future of enterprise software and transform the way everyone works in the all-digital,...

Facebook Launched Unified Payment System for Messenger, Instagram, WhatsApp

13Nov By AdityaNo Comments

News

Facebook Launched Unified Payment System for Messenger, Instagram, WhatsApp

San Francisco, Nov 12: Zuckerberg led Facebook said it is consolidating the system that handles payments at the social network and in its family of messaging apps. The move comes in a climate of political rhetoric that includes calling for the California-based internet company to be broken up. Transactions such as payments or donations at Messenger, Instagram, WhatsApp or the main social network will eventually be handled by a unified Facebook Pay system, according to marketplace and commerce vice president Deborah Liu. "People already use payments across our apps to shop, donate to causes and send money to each other," Liu said in an online post. "Facebook Pay will make these transactions easier while continuing to ensure your payment information is secure and protected." Fac...

Zuckerberg to integrate WhatsApp, Instagram and Facebook Messenger

27Jan By PriyankaNo Comments

News

Zuckerberg to integrate WhatsApp, Instagram and Facebook Messenger

As per the report, Facebook Inc Chief Executive Mark Zuckerberg is planning to unify the underlying messaging infrastructure of the WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption into these apps. The three services will, however, continue as stand-alone apps, the report said, citing four people involved in the effort. Facebook said it is working on adding end-to-end encryption, which protects messages from being viewed by anyone except the participants in a conversation, to more of its messaging products, and considering ways to make it easier for users to connect across networks. "There is a lot of discussion and debate as we begin the long process of figuring out all the details of how this will work," a spokesperson said. After the ...

WhatsApp Business crosses 5 million users mark

24Jan By PriyankaNo Comments

News

WhatsApp Business crosses 5 million users mark

WhatsApp said over five million enterprises globally are using its 'Business' app to connect with their customers within a year of launch. "In January of last year, we launched the WhatsApp Business app, and now there are more than five million businesses using it to support customers, grow their businesses and serve their communities all over the world," WhatsApp said in a blogpost. It cited the example of Bengaluru-based eyewear brand Glassic which has seen 30 per cent of its new sales being generated through WhatsApp Business. India is home to over 200 million WhatsApp users. It has about 1.5 billion users globally. Using the business app, SMEs can help customers with useful information such as business description, e-mail, store addresses and website. легкий займ иркутскза...

Facebook Redesigns and Simplifies its Messenger App

24Oct By Gauri SinghNo Comments

Tech

Facebook Redesigns and Simplifies its Messenger App

Social media giant Facebook has repaired its messaging app called Messenger in an effort to simplify the service. The company claims to have 1.3 billion monthly global users. The Messenger began rolling out a redesigned version featuring three tabs instead of nine. The platform stated that it was "going back to its roots" seven years after the standalone app's launch. "We build one feature after another; they're piling up," Messenger chief Stan Chudnovsky said. The app has grown from a simple messaging app to one that lets users make video calls, send money and more. The updated and fresh tabs enable users to navigate between their conversations under "Chats," stories and contacts at "People," and "Discovery," which is devoted to games and exchanges with businesses. Messenger is pa...

After Instagram, Facebook Messenger Eyeing to Launch the Unsend Feature

15Oct By Gauri SinghNo Comments

Tech

After Instagram, Facebook Messenger Eyeing to Launch the Unsend Feature

After Instagram, social networking platform Facebook is prepping up to bring in the feature of ‘unsend’ on its messaging app Facebook Messenger. And thus, soon the feature may be nearing a release. Initially, Facebook announced that it would be adding the "unsend" feature for everyone in April after it came out that messages CEO Mark Zuckerberg had sent to other users were removed from the users' inboxes while older messages that those users sent Zuckerberg were still present. The feature of deleting messages on the messenger was available since long, however, deleting those messages would not delete the message from the recipient's inbox. Photo sharing app Instagram that is owned by Facebook already has the "unsend" feature that removes the message from both inboxes, even messages f...

Whatsapp Will Provide 24/7 Customer Support on Its Payment Services in India

24Jun By AnkitaNo Comments

News

Whatsapp Will Provide 24/7 Customer Support on Its Payment Services in India

WhatsApp which has over 200 million users in India is working on to set up a 24-hour customer support for its payments services that are rolled out in India in the coming weeks. The leading chat app will provide support through e-mails as well as a toll-free number. "We will provide 24-hour customer support in English as well as three Indian languages- Hindi, Marathi and Gujarati. Payments users can also contact the support team via e-mail and a toll-free number (when the service is rolled out in India)," WhatsApp spokesperson said. While WhatsApp is yet to announce the official date of launch of its UPI-based payments service, industry watchers expect an announcement to come in the next few weeks. Almost one million people are "testing" WhatsApp's payments service in India, which ...

The Top Ten Most Downloaded Apps in India

20Apr By Lavina TolaniNo Comments

Tech

The Top Ten Most Downloaded Apps in India

Given the growing human dependence on internet and smartphones, the application market has been constantly booming.Indians are using smartphones and the internet in diverse aspects of their lives and owning a smartphone is really seen as an asset to facilitate one’s life. Smartphones and their apps are extensively being used for communication among peers, to do some shopping or buy groceries, for cashless payments and food delivery. The evolution of this digital revolution is also extending to other sectors such as health, insurance, loan credit and entertainment as well, cementing the digital culture further in the Indian society Presently, India stands among the most internet-friendly ecosystems in the world and the scale and scope of this new...

WhatsApp’s Digital Payments Could Change the Scenario for Other Digital Players

16Feb By PriyankaNo Comments

News

WhatsApp’s Digital Payments Could Change the Scenario for Other Digital Players

Whatsapp has finally rolled out its much awaited payments feature across the country which is giving a huge boost to digital payments in India. Pixr8 also today published that digital payments in India will soon touch $1 trillion by 2023, which is for sure is good news for 'Digital India'. However, this is not the first time when WhatsApp tried foraying into the payments business. Last year it tried launching a payments app but was turned down by RBI, which says,"Non-bank entities applying for authorisation shall be a company incorporated in India and registered under the Companies Act 1956 / Companies Act 2013." WhatsApp, owned by Facebook is headquartered in United States hence it could not enter the payments market. However, after Modi's Starup India and Digital India campaigns, ...

19Jan By NitishNo Comments

News

WhatsApp Launches Business App for SMEs

Popular messaging platform WhatsApp today unveiled a new WhatsApp Business app, aimed at small and medium enterprises. The free-to-download Android app will make it easier for companies to connect with customers, as well as its 1.3 billion users to chat with businesses, WhatsApp said in a statement. WhatsApp Business is available today and free to download on Google Play in Indonesia, Italy, Mexico, the UK and the US, it added. The app will be rolled out around the world in the coming weeks, it said. Over 80 per cent of small businesses in India and Brazil said WhatsApp helped them both communicate with customers and grow their business, the Facebook owned company said citing reports. India is home to over 200 million WhatsApp users. It has more than one billion users global...

2Jan By reutersNo Comments

CHINA

China’s WeChat Denies Storing User Chats

Tencent Holdings’ WeChat, China’s most popular messenger app, on Tuesday denied storing users’ chat histories, after a top businessman was quoted in media reports as saying he believed Tencent was monitoring everyone’s account. “WeChat does not store any users’ chat history. That is only stored in users’ mobiles, computers and other terminals,” WeChat said in a post on the social media platform. “WeChat will not use any content from user chats for big data analysis. Because of WeChat’s technical model that does not store or analyse user chats, the rumour that ‘we are watching your WeChat everyday’ is pure misunderstanding.” Li Shufu, chairman of Geely Holdings, owner of the Volvo car brand, was quoted in Chinese media on Monday as saying Tencent Chairman Ma Huateng “must be watchi...

India’s Messenger App Hike Has Revenue Issues

17Nov By AdityaNo Comments

ANALYSIS

India’s Messenger App Hike Has Revenue Issues

[dropcap]A[/dropcap]fter Flipkart, Ola and Paytm, another potential Indian Unicorn Hike, the Indian chat messenger is seeing some hard days! It is not generating any revenue! Its latest filings with RoC shows that the five year old company is right back where it started; as per its March 2017 reports. Once valued at $1.4 billion, the company fails to come up with a significant revenue stream in financial year 2016-coupons that users bought to play in-app games accounted for almost all the operating revenue. In the filings, the company showed a total income of Rs 11.4 crore in comparison to the 34,9 crore in FY2016, which had come on the back of profit from sale of investments. The total expenditure in FY17 was Rs 227.3 crore in comparison to last year's Rs 252.2 crore. The net los...