TechNews Daily 2017.01.11

11 Jan

PhonePe digital wallet has big goals beyond parent Flipkart
Mobile payments startup PhonePe, which Flipkart bought last year, has set its sights high this year. In the process of launching the country’s first Unified Payments Interface-supported wallet for iOS, the startup is already aiming for a 100 million downloads by the end of 2017.

This startup lets anyone sell online from anywhere, without storing anything
It’s okay to stare longingly at the US$2 trillion global ecommerce market, wishing there was a way to get in on the action. But setting up an online store is easier said than done. Sure, you could hire a developer to build a site or just purchase a custom template from Shopify. But what about all the time it takes to negotiate supplier contracts, arrange deliveries, and set up a payment gateway?

Yahoo may be dead, but Lycos still survives. Somehow.
The Next Web
The main part of the company has been devoured by Verizon in a deal worth $4.8 billion. What remains of it has rebranded as the (perplexingly-named) Altaba, which let’s face it, sounds like a brand of weight loss milkshake aimed at seniors.

You can catch Obama’s farewell speech in VR tonight (if you don’t mind tears in your headset)
The Next Web
President Obama will take to the airwaves tonight at 9pm ET to deliver his farewell address before ceding the nation’s most powerful office to President-elect Trump. Chances are, you’re not going to be in attendance.

This AI can supposedly beat experts at No-Limit Texas Hold’em poker
The Verge
Later this week a $200,000 tournament will pit an AI system built by Carnegie Mellon University against four of the world’s top pros in the game of No-Limit Texas Hold’em poker. The team from CMU was hoping to be the first to lay claim to an AI that could defeat the best humans in the world at the game. But a rival academic outfit claims to have just beaten them to the punch.