Amazon promises 10% cash-back even on items returned
Posted by

Amazon promises 10% cash-back even on items returned

Amazon has an eye-popping offer for its mobile wallet - a 10 per cent cash-back even on items returned. The ecommerce giant's payment vehicle, Amazon Pay India is wooing local consumers with this promotional: "Select Amazon Pay balance, get 10 per cent extra as refund amount." Although the offer is valid once per customer, some sellers believe this could tend to increase unnecessary returns. "Amazon is encouraging returns at sellers' cost and investment. Amazon should give equal incentive to the seller whose stock is being returned," said a spokesperson for the All India Online Vendors' Association (AIOVA), which represents about 1,500 online sellers across Web platforms. A few weeks ago, the US behemoth invested Rs 130 crore in the payment entity, Amazon Pay India, and is now aggressively offering cash-backs for users. For instance, a first-time user shopping for more than Rs 700 gets Rs 100 cashback as Amazon Pay balance.
Sriram Jagannathan, Vice President Payments, Amazon India, described offers as part of the effort to enhance shopping experience. "Our aim is to improve the digital payment experiences for customers buying on our marketplace...We provide offers to customers to try this experience."
The latest funding in Amazon Pay has come from Amazon Corporate Holdings and Amazon. com in Amazon Pay India, launched in December, documents submitted to the corporate affairs ministry show.
The Amazon Pay offers are applicable not only for transactions on Amazon's own platform, but also on third-party Web sites such as abhibus. com. It also has tie-ups with vendors such as Cafe Coffee Day, Amar Chitra Katha, Innerchef, Fasoos, and Housejoy.
Amazon's biggest local rival Flipkart had acquired UPI-based payments company Phone-Pe in April 2016, and enabled payments through the wallet on the Flipkart platform in August last year to improve the digital payment experience for its customers.
WhatsApp announces 1 billion daily users
Posted by

WhatsApp announces 1 billion daily users

Messaging app WhatsApp today said it has crossed the one-billion daily users milestone globally. "Just last year, we shared that one billion people around the world use WhatsApp every month. Today, we are excited and proud to share that one billion people around the world use WhatsApp every day to stay in touch with their family and friends," WhatsApp said in a statement. Its monthly user base -- people who use WhatsApp atleast once in a month -- stood at 1.3 billion. The Facebook-owned company said about 55 billion messages and 4.5 billion photos are shared every day globally on its platform. The app, which supports 60 languages, also sees 1 billion videos being shared on a daily basis. India is the largest market for WhatsApp with over 200 million monthly active users as of February 2017. The company did not disclose what percentage of the 1 billion daily users are from India. WhatsApp competes with messaging apps like LINE, Viber and Hike in India. In February 2014, WhatsApp was acquired by social networking site Facebook, its biggest buyout till date, for a whopping USD 19 billion. Previously, WhatsApp said its service has seen strong uptake, specially across developing nations such as Brazil, India and Russia. "Congrats to the WhatsApp team for connecting one billion people every day!" Facebook CEO Mark Zuckerberg said.
Amazon : Prime Day saw big boost for Indian sellers shipping to overseas buyers
Posted by

Amazon : Prime Day saw big boost for Indian sellers shipping to overseas buyers

Amazon.com Inc., which is locked in a fierce war for the dominance of India’s ecommerce market with local rival Flipkart, reports sellers in India saw a big boost in their shipments to international customers during its recent 30-hour Prime Day sale. Indian sellers — shipping everything from baby products to specialty tea — saw close to 100 percent year-on-year growth globally on Prime Day, and multiple ‘lighting deals’ helped them break many milestones during the sale which ran on July 10 and July 11, according to Amazon. Amazon started the Prime Day annual sale in 2015, and while local buyers got a shot at it for the first time only this year, sellers in India shipping to international customers had participated last year too. This access to global buyers will be an important factor in winning and retaining quality sellers. Local rival Flipkart is offering this access through its partnership with eBay Inc. Flipkart purchased eBay’s Indian unit in April in a deal that saw eBay become an investor in the Bengaluru-based company, which announced a $1.4 billion fund raise at the same time, with other investors being Microsoft Corp. and China’s Tencent Holding. Prime Day 2017 “helped thousands of Indian sellers selling globally under Amazon’s Global Selling Program to boost their revenues tremendously,” Amazon said in its press release. The total selection offered by these sellers to international customers rose more than 90 percent and Amazon’s flagship delivery service, Fulfillment by Amazon (FBA), increased 100 percent by number of sellers using it. Indian sellers sold “tens of thousands of products” through the 30-hour Prime Day, according to Amazon. “We expect the momentum to continue,” Gopal Pillai, director and general manager for seller services at Amazon India, said in the company’s press release. Amazon launched its Global Selling Program with a few hundred sellers in May 2015. The program has expanded to more than 23,000 sellers selling over 65 million products to millions of active customers through 10 global Amazon marketplaces today, according to Amazon. Outside the US, Amazon has previously held its Prime Day sale in markets including Britain, some of the largest western European countries, Japan and Canada. This year, it included India in an indication of how important this emerging market has become to the ecommerce giant’s long-term growth, especially as it has made little headway in China, where local giants Alibaba dominates. Indian buyers got to buy everything from premium smartphones to Amazon’s devices including the Kindle ebook reader and the FireTV stick at attractive discounts. Even the sale of sugar rose three times during the sale, Amazon said in a press release on July 14.
5 Powerful Ways to Find Your Best Self
Posted by

5 Powerful Ways to Find Your Best Self

You know you are capable of great things. You know that under the right circumstances you could go far. You believe in yourself and what you can accomplish. You may have a picture of yourself in your mind’s eye: a vision of making your dreams a reality, of achieving the success you know could be yours. Now all you need to do is become that version of yourself. You need to become your best you. How do you begin transforming into the person you believe you should be? It’s time to stretch yourself; to grow and allow yourself to develop. Think of this as a journey of self-discovery. Here are five powerful tips to get you on the road to becoming the person you were meant to be.

1. Try new things.

You can’t let yourself become complacent. Fear of change is your enemy. Kick things up a notch by regularly trying something new and unexpected. Is there something you have always wanted to try, but never made time for? It could be something adventurous, like scuba diving or skydiving. Or maybe you’ve always wanted to tap into your artistic side and learn to paint with watercolors or take a photography class. Whatever it is, it’s important that you make time to explore a new activity, skill or craft. Surprise yourself by pushing yourself outside of your comfort zone. Doing so will give your ingenuity and innovative side a boost. Plus, you will have discovered something new about yourself -- perhaps a hidden talent or an ability to learn something you didn’t think you were capable of. Along with trying new things, remember to give yourself time to have fun, relax and unplug from daily stress. Downtime gives your brain a chance to recharge and stay open to new experiences. Filling up all your time with work, tasks and obligations is a ticket to mental and physical fatigue. Push yourself away from your desk and remember to embrace life!

2. Pursue your dreams.

What is your ultimate dream; the thing you want more than anything? What is your true calling in life? These are some of the important questions to ask yourself in order to unlock who you are meant to be. Pursuing your dreams will give you determination to see your goals through, and will spark your creativity and inspiration. Plus, you will be doing something that makes you happy and holds your interest. For many, the hardest part is identifying the goals you want to pursue. You may need to explore different opportunities to see what sticks and what doesn’t. You may want to focus on a problem that you want to solve or an issue you’re enthusiastic about. Remember, your goals and ambitions can change and morph over time -- and that’s okay! The only rule you should heed is that your dreams must come from within yourself -- they shouldn’t be a reflection of what others want for you or what you think you should be doing. If you’re pursuing something solely for the sake of a good income, or to live up to someone else’s expectations, you will fall short.

3. Sustain your motivation.

We all have days when we wake up just not feeling it. Those days when our brains won’t get going -- we’d rather do anything besides working. But despite being low on energy or inspiration, you have to find a way to keep moving forward. Remember, progress is incremental. You have to find ways to keep that fire in your belly; to keep nurturing that deep desire to achieve. Keep your motivation alight by taking time every day to reignite that internal flame. Read blogs and books or listen to TED talks or podcasts on topics that enthrall you. Write down your goals and post them where you will see them every day, so you are constantly reminded of your purpose. Keep a notebook and jot down ideas when something inspires you. When you are feeling blasé or need a boost, take some time to revisit your old ideas. They may inspire you once more and help you regain your momentum.

4. Hone good habits.

People are naturally creatures of habit. These can be good habits that we have worked hard to instill, or bad habits that suck away our determination and leave us short of our goals. Building solid, reliable habits will keep you taking baby steps in the right direction and sustain you through lackluster periods. Good habits are important to creating your best self because they keep you moving forward when you’d rather be slacking off. Developing a habit takes time and repetition, and should be done slowly. Trying to change too many things at once will feel overwhelming and daunting. The goal is to make incremental changes to your lifestyle that eventually become a way of life. Remember that even small habits can have a powerful cumulative effect. For instance, if you have a goal of writing a book, develop a habit of sitting down and writing every day, even if it’s just for 30 minutes. Similarly, if you want to get into better shape, start exercising for 20 minutes a day and work your way up.

5. Focus on self-care.

If you want to operate at peak performance, you must incorporate self-care into your daily routine. Are you eating nutritious meals and getting plenty of sleep? It’s going to be hard to feel your best if you are run ragged and are stuffing your belly with junk food. Are you making time to exercise and stretch? When we work up a sweat, it releases the endorphins that build up with stress. In many ways, your body is like a machine. It needs to be tuned and tended to, or something is going to give. If you don’t care for your body, you may start to feel burned out and you may be more apt to get sick or feel overwhelmed. Don’t forget that your mental well-being also needs to be nurtured. Take time to meditate and focus on the things you are grateful for. Taking time to replenish your mind and spirit is paramount to sustaining mental health and giving you a sense of well-being. And that is key to becoming and maintaining your best self, now and over the long haul.
Adobe Will Be Officially Killing Flash by the End of 2020
Posted by

Adobe Will Be Officially Killing Flash by the End of 2020

The end of an era is near. Adobe on Tuesday announced plans to officially "end-of-life" Flash Player; it will cease to update and distribute Flash at the end of 2020. "As open standards like HTML5, WebGL and WebAssembly have matured over the past several years, most now provide many of the capabilities and functionalities that plugins [like Flash] pioneered and have become a viable alternative for content on the web," the company wrote. "Today, most browser vendors are integrating capabilities once provided by plugins directly into browsers and deprecating plugins." The news is probably music to the ears of IT security pros everywhere. In 2015, the plugin was deemed "the most frequently exploited product" by security firm Recorded Future, which said it provided "eight of the top 10 vulnerabilities leveraged by exploit kits." And yet, the plugin is still used by many websites to run videos, animations and similar content. Adobe, which ceased development of mobile versions of Flash 2011, said Tuesday it's "committed to supporting Flash through 2020, as customers and partners put their migration plans into place." Until then, the company plans to issue regular security patches, maintain operating system and browser compatibility and add new features and capabilities as needed. Adobe added that it will work with partners like Apple, Facebook, Google, Microsoft and Mozilla to "maintain the security and compatibility of Flash content." Those companies have already started the transition away from the technology. Apple -- never a fan of Flash -- started moving way from Flash on the Mac in 2010; it's now off by default and requires explicit approval on each website before Flash will run. Adobe added that it plans to "move more aggressively" to kill Flash in "certain geographies where unlicensed and outdated versions" of the plugin are being distributed.
6 Simple Habits That Can Save You Time !
Posted by

6 Simple Habits That Can Save You Time !

From shortcuts and life hacks to proven productivity methods, we’re all looking to save time and get more done. If you want to be even more successful, it’s time to tap into your super powers: your habits.
A Duke University study found that 40% of the decisions we make each day are habits. While bad habits can derail you, good habits can put minutes back on the clock because they put you in a proactive mode and help eliminate wasted time.

1. PLAN YOUR DAY THE NIGHT BEFORE.

When you check your to-do list in the morning, you’ve already wasted time, says Julie Morgenstern, professional organizer and author of Never Check Email in the Morning (Touchstone; 2005) “If you’re overscheduled or end up with gap in your day, you don’t have the distance you need to correct it, and you go into pure reactive mode,” she says. Instead, take five minutes at the end of each workday to check your calendar. Decide ahead of time how to fill free time or handle overlaps.
“You will buy back two or three hours a day of focused productivity instead of wasting a half hour sorting through all of your options,” she says.

2. LOG OUT.

If you’re easily tempted by social media or email, make a habit of logging out before you start a project or important task, says Emily Schwartz, author of The Time Diet: Digestible Time Management (2012). “The extra step of having to enter in your password will buy you enough time to realize that you’re distracting yourself and shouldn’t,” she says. “Distracted work takes far longer than focused work.”

3. PREPARE FOR MEETINGS.

While meetings can be vehicles for wasting time, Morgenstern says establishing a pre-meeting routine can help improve their effectiveness. If you’ve called the meeting, send an email to the other participants telling them what to expect. If you’ve been invited, ask the organizer how to best prepare. “Proactively engaging people before meetings could save an hour of wasted time trying to get everyone on the same page,” she says.

4. FOLLOW UP.

After you delegate a task to a person, make a habit of writing a confirmation via email, clearly defining what’s expected, says Schwartz.
“This extra minute of follow up can save hours of hassle later if, for example, a deadline has been miscommunicated,” she says.

5. CLEAR OFF YOUR DESK.

When you put everything away at the end of your day, you can jump right into work in the morning, says professional organizer Janine Adams of Peace of Mind Organizing. “If you have papers all over your desk, you’ll waste time finding what you need,” she says. Tidying up each afternoon takes just minutes because you only have one day’s worth of stuff to handle. If you wait until you have a pile, it could take a whole afternoon, Adams says.

6. ESTABLISH A CHARGING ROUTINE.

Dead cell phones can be inconvenient, causing you to waste time searching for an outlet. Instead of freaking out over the power left on your battery, Adams suggests creating a habit of charging your electronics. “I plug in my phone, iPad and Kindle every night before I go to sleep,” she says. “The charge usually gets me through the day and I don’t have to waste time worrying about my battery dying.”
25 Habits of People Who Are Happy And Successful
Posted by

25 Habits of People Who Are Happy And Successful

What's the secret to happiness? That can differ according to the person involved. But we do know that happy people have different habits and think differently than those who are miserable. So, the good news is, if you're trying to be one of those happy people, recognize that that desired emotion comes from within and that you have the power to literally turn that frown upside down by mastering some simple habits. Here's what happy people do and don't do . . .

1. They savor the moment.

Do old cliches like "stopping to smell the roses" and "it's the little things in life" really lead to happiness? Yep. Researchers call this "savoring," which is all about paying attention to the moment. Instead of multitasking and being focused on the past and future and on the present negativity all around, those of us who are most satisfied with our lives stop to enjoy the beauty and the small, amazing things in life.

2. They meditate daily.

Meditation is one of the most effective ways to embark on a path of stillness and mindfulness, which, in turn, gives your mind a much needed break from all those worries and anxieties occupying it. Best of all? It takes only a couple of minutes each day. To start out, you can download an app like Calm, Stop, Breathe & Think, or Insight Timer.

3. They don't hold on to grudges.

Forgiving and forgetting is absolutely necessary when it comes to happiness. The reason? Holding a grudge means that you're hanging on to anger, resentment, pain and other negative emotions that are roadblocks to happiness. By letting go of these emotions, you free yourself from negativity so there's more space for positive emotions to get in.

4. They spend money on others.

"We've shown in our research that giving money to others actually does make people happier," said Michael Norton, an associate professor of marketing at Harvard Business School and author of Happy Money: The Science of Smarter Spending. "One of the reasons is that it creates social connections. If you have a nice car and a big house on an island by yourself, you're not going to be happy, because we need people to be happy. But by giving to another person, you're . . . creating a connection and a conversation with that person, and those things are really good for happiness."

5. They're busy, but not rushed.

Research shows that feeling "rushed" can lead to stress and unhappiness. At the same time, people struggle with finding that happy medium of being just busy enough. After all, other studies suggest that a healthy work-life balance is key, since boredom can be burdensome. If you're over-committed or too scattered, follow this rule entrepreneur Derek Sivers included on his site: "When deciding whether to do something, if you feel anything less than 'Wow! That would be amazing! Absolutely! Hell yeah!' -- then say 'no.'"

6. They surround themselves with the right people.

Happiness is contagious. This means that when you surround yourself with other people who are happy and supportive, you'll be able to build self-confidence, boost your creativity and just have more fun in general. On the other end of the spectrum, hanging out with negative people means you're just another member of their pity party -- and that's exhausting and not much fun.

7. They don't sweat the small stuff.

People who are happy focus their energy and efforts only on things that are truly important and within their control. Remember, getting consumed by the things that you have absolutely no control over is a waste of time that will end up making you lean more toward the miserable side. In other words, master the art of letting it go.

8. They celebrate other people's success.

It's no secret that that having both a rich social life and healthy relationships is an important component to happiness. But, happy people nurture and improve their relationships through "active and constructive" responding, which includes celebrating the success of those around them. As Martin Seligman explained in his book Flourish: "People we care about often tell us about a victory, a triumph, and less momentous good things that happen to them. How we respond can either build the relationship or undermine it. There are four basic ways of responding, only one of which builds relationships."

9. They treat everyone with respect and kindness.

Kindness, like happiness, is contagious. There's even a name for it: "moral elevation." A study conducted by researchers at the University of California-Los Angeles, and the universities of Cambridge and Plymouth in the United Kingdom found that witnessing acts of kindness makes us feel warm and fuzzy inside. "When you feel this sense of moral 'elevation,' not only do you say you want to be a better person and help others," said Simone Schnall, of Cambridge, the lead researcher. "But you actually do, when the opportunity presents itself."

10. They're optimistic.

Let's be honest: Bad things happen to all of us -- even the happiest and most upbeat people on the planet. The thing is, they don't complain, whine or let pessimism become a self-fulling prophecy. They remain optimistic by focusing on solutions to the problem and reflecting on what they're grateful for.

11. They're proactive about relationships.

Evidence suggests that most relationships (especially marriages) decline over time. But, happy people actually work on maintaining these relationships by checking in on loved ones, being active and constructive listeners and not being conversational narcissists.

12. They get enough sleep.

You've probably heard this a zillion times. But getting quality sleep is absolutely necessary. If you need a refresher, sleep deprivation can negatively impact your health, productivity and ability to cope with stressful situations. If you have trouble getting a good night's rest, start by sticking to a sleep schedule, taking advantage of natural light, avoiding bright lights before bed, exercising and not eating or drinking alcohol close to bedtime.

13. They spend time in nature.

Nature has a calming effect and reminds us to slow down, take deep breaths and soak up the present. "People have been discussing their profound experiences in nature for the last several 100 years -- from Thoreau to John Muir to many other writers," said researcher David Strayer, of the University of Utah. "Now, we are seeing changes in the brain and changes in the body that suggest we are physically and mentally more healthy when we are interacting with nature." Simply put, take the time stroll through a park, visit the beach or hike a trail.

14. They view problems as challenges.

Happy people have changed their internal dialogue so that when there's a problem, they view it as a challenge and new opportunity to enhance their lives. In fact, you should just go ahead and eliminate the word "problem" from your mind altogether

15. They reward themselves.

"'Treats' may sound like a self-indulgent, frivolous strategy, but it's not. Because, forming good habits can be draining, treats can play an important role," wrote Gretchen Rubin, author of The Happiness Project. "When we give ourselves treats, we feel energized, cared for and contented, which boosts our self-command -- and self-command helps us maintain our healthy habits," Rubin wrote. She continued: "Studies show that people who got a little treat, in the form of receiving a surprise gift or watching a funny video, gained in self-control. It's a Secret of Adulthood: If I give more to myself, I can ask more from myself. Self-regard isn't selfish."

16. They express gratitude.

Research conducted at the University of California-Davis shows that those studied who worked daily to cultivate an attitude of gratitude improved their mood and energy, and experienced substantially less anxiety. This is most likely due to lower cortisol levels. So express gratitude every morning, writing in a journal about what you're thankful for, and occasionally saying "thank you" to your loved ones and colleagues.

17. They dream big.

The happiest individuals dream big and work hard to turn those dreams into achievable goals. They're committed and disciplined, and they know their iorities: They allow themselves to say "no," take care of their health, break out of their comfort zones and accept the fact that they may have to start over.

18. They spend time alone.

While relationships are important to one's happiness, we all need some alone time in order to catch up with, well, ourselves. Spending time alone gives you the chance to unpack your worries and anxieties, reflect on what you're grateful for and get back on track with yourdreams and desires. I try to schedule weekly solo dates, usually first thing in the morning before everyone else is awake, to check in with myself.

19. They don't make excuses.

It's incredibly easy to blame someone for your failures. The problem is that this doesn't allow you to let go and move past those failures. Happy people take responsibility for their mistakes and use that failure as an opportunity to change their lives for the better.

20. They have a growth mindset.

When it comes to personality, individuals fall into one of two camps: those with a fixed mindset or those with a growth mindset. People with a fixed mindset believe you are who you are, and there's nothing you can do about it. That's a problem because it prevents them from growing or changing. People with a growth mindset, however, believe that with a little effort, they can improve, which in turn makes them happy because they're better suited to cope with and overcome challenges.

21. They spend money on experiences, not material things.

A variety of research sources show that people are happier when buying experiences instead of material items. This is because experiences tend to improve over time; people revisit those experiences more often; experiences can be unique; and they involve social interaction. Furthermore, materialism can have negative effects. In her book The Myths of Happiness, Sonja Lyubomirsky explained: "A mountain of research has shown that materialism depletes happiness; threatens satisfaction with our relationships; harms the environment; renders us less friendly, likable and empathetic; and makes us less likely to help others and contribute to our communities."

22. They have a morning ritual.

Morning rituals are soothing and set the stage for how your day is going to play out. Whether you're meditating, going for a walk, reading an inspirational book, writing a gratitude journal, cooking a healthy breakfast or catching-up on emails, it's important that you create and stick to a morning ritual.

23. They take care of themselves.

Since the body and mind are connected, it makes sense that you if aren't taking care of yourself physically, you're going to suffer mentally and emotionally. Start by getting quality sleep every night, eating a well-balanced diet, exercising regularly and finding healthy ways to decompress and alleviate stress.

24. They use their character strengths.

Research has shown that using our "signature strengths" makes us feel happier and more fulfilled. As Shawn Achor explained in his book The Happiness Advantage: "When 577 volunteers were encouraged to pick one of their signature strengths and use it in a new way each day for a week, they became significantly happier and less depressed than control groups. "And these benefits lasted: Even after the experiment was over, their levels of happiness remained heightened a full six months later. Studies have shown that the more you use your signature strengths in daily life, the happier you become."

25. They engage in deep, meaningful conversations.

Happy people skip the small talk and engage in deep conversations. In fact, this has been backed by research. In Pursuing The Good Life, Christopher Peterson wrote: "First, happier participants spent more time talking to others, an unsurprising finding given the social basis of happiness. Second, the extent of small talk was negatively associated with happiness. "And third, the extent of substantive talk was positively associated with happiness. So, happy people are socially engaged with others, and this engagement entails matters of substance."
Nifty creates history , reclaims 10,000 mark
Posted by

Nifty creates history , reclaims 10,000 mark

The stock markets saw steady rise in Wednesday's afternoon trade as Nifty reclaimed the 10,000-mark, once again for a brief period though. At 1.15 PM, NSE Nifty was up 28.20 points at 9,992.75 while the BSE Sensex had gained 105.47 points to be at 32,333.74. Both the indices had registered gains of 0.30 per cent.
In the morning trade, the indices had opened flat but started making profits on the back of bank and metal stocks.Tata Steel, Sun Pharma and Reliance were the major gainers while Axis Bank, Asian Paints and Bharti Airtel were losing the most.
Snapdeal approves Flipkart’s $900-950 million takeover offer
Posted by

Snapdeal approves Flipkart’s $900-950 million takeover offer

Indian online marketplace Snapdeal has accepted Flipkart's revised takeover offer of up to $950 million, two sources said on Wednesday, providing heft to its bigger rival in a high-stakes battle with Amazon.com Inc. The board of Jasper Infotech, which runs Snapdeal, approved Flipkart's bid of $900 million-$950 million last week, the sources who were familiar with the matter said. A deal is now pending the approval of Snapdeal shareholders, they said. Snapdeal declined to comment, while Flipkart was not immediately available for comment. India's fledgling e-commerce sector is in the midst of a fierce war for supremacy between US online retail giant Amazon and leading homegrown player Flipkart at a time more and more Indians shop on the web, helped by a spurt in availability of cheap phones and data plans. Japan's solar-to-tech conglomerate SoftBank, Snapdeal's biggest investor, is keen to consummate the deal and take an equity stake in Flipkart to profit from India's booming online retail market. A 2016 report from accounting firm EY noted that e-commerce has grown at a compound annual growth rate of over 50 percent in the last five years in India and the pace of growth is expected to continue, with e-commerce sales topping $35 billion by 2020. Bengaluru-headquarterd Flipkart had revised its initial offer for Snapdeal to up to $950 million, Reuters reported last week. The board also considered a $700 million share-swap offer by listed e-commerce firm Infibeam but rejected it as too low, one of the sources said.
Would You Have A Microchip Implanted In Your Hand ? These Employees Will !
Posted by

Would You Have A Microchip Implanted In Your Hand ? These Employees Will !

Would you have a microchip implanted in your hand to make getting into the office or purchasing food in the cafeteria more efficient? Most employees at Wisconsin-based tech company Three Square Market would.
 Fifty of the 80 employees at Three Square Market have signed up to have a grain-sized chip placed under the skin between their thumb and index fingers, which can complete tasks that involve RFID technology with the simple wave of a hand.
"We foresee the use of RFID technology to drive everything from making purchases in our office break room market, opening doors, use of copy machines, logging into our office computers, unlocking phones, sharing business cards, storing medical/health information and used as payment at other RFID terminals," CEO Todd Westby said in a statement. While employees are not required to get the microchip implants, a majority are hopping on board. The company has partnered with Swedish company BioHax International, which already has a number of its own employees with chips injected. However, Three Square Market will be the first company in the U.S. to employ such a program. The chips are FDA-approved, removable and do not have GPS tracking. “Nobody can track you with it,” Westby said. “Your cellphone does 100 times more reporting of data than does an RFID chip.” While many employees are excited about the new technology, some are understandably hesitant. “I’m a little nervous about implanting something into my body,” Melissa Timmins, the company’s sales director, told The New York Times. "I think it’s pretty exciting to be part of something new like this. I know down the road, it’s going to be the next big thing, and we’re on the cutting edge of it.” Maybe it’s time to forget about summer Fridays or free lunches -- this could be the workplace perk of the future.  The chips, which run $300 a piece but will be covered by Three Square Market, will be implanted in employees on Aug. 1 at the company’s “chip party.”