Wednesday, 28 February 2018

News Digest: PayPal settles US charges over alleged Venmo disclosure failure: FTC

THE TIMES OF INDIA
Thursday, March 01, 2018
Today's Headlines

PayPal settles US charges over alleged Venmo disclosure failure: FTC
PayPal Holdings Inc, parent of peer-to-peer payments app Venmo, has settled U.S. charges it failed to give critical disclosures to users regarding privacy and the availability of funds transferred into a Venmo account, the Federal Trade Commission said on Tuesday.

Ford launches self-driving pilot with delivery partners in Miami
Ford Motor Co is taking a different approach from rival General Motors Co in deploying self-driving vehicles, focusing initially on partnering with and operating vehicles for a variety of companies, from Domino's Pizza to Lyft, executives said.

Cognizant India's headcount dropped by 8,000 in 2017
Cognizant’s US headcount rose by about 2900 to 50,400 and its Europe headcount rose by about 2300 at the end of 2017.

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