In no particular order, here are MediaNama’s top 10 stories of the week ended 5th May 2019

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PayPal announces $500 million investment in Uber ahead of ride-hailing firm’s IPO

PayPal revealed on Friday that it plans to invest $500 million in Uber ahead of the ride-hailing firm’s much-anticipated initial public offering (IPO). It also extended the partnership between the two companies, which goes back to 2013. Read it here

Paytm launches recurring payments for businesses through netbanking, cards and wallet

Paytm on has announced the launch of a recurring payments feature for merchants using its payment gateway. This will allow subscription-based businesses to collect payments through a variety of payment modes, including credit cards, debit cards, netbanking and Paytm Wallet, the company said in a release, adding that it can be used for Bill Payments, Content Subscription, Grocery Purchases, Membership Fees, Housing Society Payments and among other things. Paytm had launched recurring billing for businesses in 2017 but the feature only worked with its wallet. Read it here

Tech manifestos 2019: Aam Aadmi Party says it has installed 1.4L CCTV cameras in Delhi for women’s safety

The Aam Aadmi Party released its manifesto last week; it has an overarching theme of the promise of full statehood for Delhi and elaborates on all the government can achieve with full statehood. Read it here

BJP rep files PIL seeking to link social media accounts with Aadhaar

Ashwini Upadhyay, a BJP representative in Delhi, has filed a public interest litigation in the Supreme Court asking that the government ascertain the feasibility of linking Aadhaar with social media accounts to curb fake news, the Economic Times reported. Alternatively, the petition said, the government could take steps to deactivate bogus accounts. Read it here

Mark Zuckerberg declares that “the future is private”; notes on encryption, private messaging, secure data storage: Facebook F8 2019

Mark Zuckerberg opened Facebook’s annual developer conference F8 with the declaration that he believes “the future is private”. Reiterating Facebook’s apparent rehaul toward an interoperable privacy-focused service, something the company has announced in the past few months, Zuckerberg said people need public and private spaces in the digital world, and the company has worked on building Facebook and Instagram into the digital equivalents of the town square, and WhatsApp and Messenger into the ‘living room’. Read it here

Sri Lanka lifts social media ban after 10 days; some issues

Sri Lanka’s president yesterday ordered the “immediate” lifting of the country-wide social media ban which was imposed 10 days ago in the aftermath of the Easter Sunday bombings. The Sri Lankan government has urged the general public to be responsible while sharing information on social media. Read it here

Facebook could create new privacy positions as part of FTC settlement: Report

Facebook and the US Federal Trade Commission (FTC) are negotiating a possible settlement that would require Facebook to create new positions at the company focused on strengthening its privacy practices, Politico reports, citing an anonymous source. As part of the settlement Facebook would create a privacy committee to protect its users’ data, and also have an external assessor appointed by the company and the FTC. Read it here

UPI transactions grew to 781.8M in April 2019; Rs 142,034Cr transacted

The Unified Payment Interface (UPI) saw a decrease of 2.2% in the total transaction volumes taking place between March 2019 and April 2019, according to data published by the National Payments Corporation of India (NPCI). Read it here

Websites of two power companies in AP and Telangana hacked, personal data of 2 crore customers stolen

The websites of two power distribution in Andhra Pradesh and Telangana were hacked resulting in their computer-based applications coming to a standstill for over three days, reports the Hindu. Read it here

All India Gaming Federation CEO says regulation will help companies grow and weed out grey market

Roland Landers, CEO of the All India Gaming Federation (AIGF), told the New Indian Express that government regulation of online real-money games will help the businesses that offer them to grow. “When we have regulation that governs different forms of online gaming, the grey market and its operators will eventually go out of circulation. Read it here