Vodafone India has partnered with ICICI Bank to launch the M-Pesa mobile money transfer and payment service in India. It’s estimated that approximately 700 million people in the country have no access to conventional banking.
M-Pesa was first launched in Kenya in 2007, allowing customers to send and receive small amounts of money on mobile phones.
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Parent of Foxconn is latest company to license patents from Microsoft
Microsoft has agreed a worldwide patent licensing deal with Hon Hai, the parent company of Taiwanese electronics manufacturer Foxconn. It’ll cover Hon Hai for producing smartphones, tablets and smart TVs that use the Android and Chrome operating systems.
Full details are confidential but Microsoft will receive royalties from Hon Hai.
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