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Xiaomi, a Chinese smartphone manufacturer, on June 7 announced the Redmi Y2 – a selfie camera-centric budget smartphone. Priced at Rs 9,999 and Rs 12,999 for the 3GB/32GB and 4GB/64GB RAM and storage configurations, respectively, the phone went on sale at Amazon India, Mi Home and Mi Store on June 12. ALSO READ: Xiaomi Redmi Y2 review: A budget smartphone with great camera, battery life According to a report in The Verge on Tuesday, iPhone maker Apple has introduced a new section on cryptocurrency in its guidelines on App Store that applies to iOS, macOS, watchOS, and tvOS app. Apps, including any third party advertisements displayed within them, may not run unrelated background processes such as cryptocurrency mining, said the guidelines. ALSO READ: After Facebook, Apple bans cryptocurrency mining on iPhones, iPads A phone directory cum search engine platform on June 14 announced a strategic investment into the payments space in India by acquiring Chillr, the country’s first mu...

Phone number search engine Truecaller on Wednesday announced a strategic investment into the payments space in India by acquiring Chillr, the country’s first multi-bank payments app. Truecaller co-founder and chief strategy officer Nami Zarringhalam said the founders of Chillr — Sony Joy, Anoop Sankar, Mohamed Galib and Lishoy Bhaskaran — will join Truecaller. Sony Joywill be the vice-president of Truecaller Pay. Zarringhalam said the company intended to leverage its full reach of over 150 million users in India as well as its 300-plus existing partnerships in the country. “ By acquiring Chillr, we are reaffirming our commitment to mobile payments and strengthening our plans to raise its adoption amongst our user base,” Zarringhalam said. He, however, did not disclose the amount paid and the terms and conditions for acquiring the Chillr, which was launched in 2014. Truecaller has 65 employees in India. Chillr co-founder Sony Joy said: “While ICICI partnersh...