Facebook pulls down over 3 billion fake accounts

IANS- Facebook has removed more than three billion fake accounts in the October 2018-March 2019 period, saying that about 5 percent of its monthly active users were fake. Facebook disabled 1.2 billion accounts in Q4 2018 and 2.19 billion in Q1 2019. “For fake accounts, the number of accounts we took action on increased due […]

PayU acquires US-based Wibmo for $70 mn

IANS- Online payment service provider PayU on Friday announced the acquisition of US-based financial technology firm Wibmo for $70 million (around Rs 484 crore). Given different capabilities and positioning in the value chain, Wibmo and PayU businesses will continue to run separately, PayU said in a statement. Wibmo partners and deeply integrates with banks in […]