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Podcast: One Thing Today in Tech
Episode: Google piloting alternative payments; CCI approves PayU’s acquisition of BillDesk; Instagram slapped with €405 mln EU fine
Description: Google has started a “user choice billing” pilot of alternative payment systems in its Play store, in some markets, including India, as pressure mounts on the search giant over the fees it takes for in-app sales by developers. India’s Competition Commission has approved PayU’s proposed acquisition of payments gateway BillDesk, paving the way for the Prosus-controlled fintech operator to become one of the country’s biggest payments processors.
Notes:
Instagram is being slapped with a fine of €405 million after European Union privacy regulators decided on a long-running complaint related to how the social media platfo...