Global retail major Walmart Inc is planning to demerge PhonePe, the payment system and digital wallet company of Flipkart, so that its ownership will be vested directly with the US retail giant.The proposed move will pave the way for Walmart to get into India’s booming digital payment space directly.
This is currently dominated by Ant Financial and SoftBankbacked Paytm but competition is set to heat up with tech giants Google, Amazon and Facebook testing the market through their respective payment gateways—Google Pay, Amazon Pay and WhatsApp.
Thursday, e-cigarette manufacturer Juul Labs announced that it would be suspending the sale of all fruity flavored vape pods until the products are fully reviewed by the Food and Drug Administration. “We must reset the vapor category by earning the trust of society and working cooperatively with regulators, policymakers, and stakeholders to combat underage use while providing an alternative to adult smokers,” Juul CEO K.C. Crosthwaite said in a statement Thursday.
This announcement means that all mango, creme, fruit, and cucumber-flavored vape pods will no longer be available for sale unless they receive formal approval from the FDA.
House Intelligence Chairman Rep. Adam Schiff is shutting down acting White House chief of staff Mick Mulvaney's attempt at walking back comments admitting President Trump withheld military aid to Ukraine in part because of a request for the country to launch a probe Trump requested: "I didn't find it the least bit credible." #schiff#whitehouse#trump
Former Secretary of Defense General James Mattis pushed back against some criticism from President #Trump . Speaking at a dinner in New York City, #Mattis contrasted his military career with the deferment @realDonaldTrump got from serving due to #bonespurs
Turkey agreed to stop attacks in northern #Syria for five days while hundreds of thousands of #Kurds and others in the area, now refugees, flee. The agreement follows a meeting in Ankara between Turkish President Recep Tayyip #Erdogan and Vice President #Pence and Secretary of State #Pompeo . Pence said a permanent ceasefire will take hold once Syrian #Kurdish fighters have evacuated part of the region along the Turkish border. Ankara sees the Kurdish fighters as terrorists because of their support for Kurdish rebels inside Turkey.
What did Turkey get out of the deal?
US sanctions were lifted by the #Trump administration, but Republican and Democratic lawmakers are vowing to move ahead with sanctions of their own.
Has the fighting stopped?
Erdogan claims there are no ongoing clashes, but continued fighting has been reported in the Syrian town of Ras al-Ayn.
Trump proclaimed victory?
He said the agreement to halt hostilities marked “a great day for civilization.” But it was partially Trump’s own agreement on a call with Erdogan to withdraw US troops from the region that cleared the way for the Turks to invade Syria and attack the Kurds there in the first place.
#ISIS is threatening a comeback?
The now-weakened Kurds, in alliance with the US, had led the fight to defeat ISIS and had imprisoned thousands of ISIS fighters. But remaining ISIS militants are stepping up attacks on prisons and threatening a resurgence. ISIS taunted the Kurds on Thursday, calling them an abandoned US ally.
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