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Enjoy the dream, for the nightmare will follow

The Kennedy-era guru on capitalism, John Kenneth Galbraith, presciently proclaimed in the “New Industrial State” (1967) that “the imperatives of technology and organization, not the images of ideology, are what determine the shape of economic society”.

After Facebook, tech majors Google and Microsoft reportedly considering to buy stakes in Indian telecom firms

1. The move would not pit Sundar Pichai-led Google against Facebook which has poured in Rs 43,574 crore for 9.99 per cent stake in Reliance-led Jio Platforms. 2. Google's parent company Alphabet also held talks with Reliance Jio Platforms to acquire a slice of Jio Platforms but lagged behind. 3. The development between Google and financially-troubled Vodafone brings a sigh of relief as it has over Rs 53,000 crore in AGR dues.

Facebook’s digital wallet Calibra is now Novi

The Libra project, a new payment system which is built on blockchain technology, has faced regulatory challenges in the past for perceived threat to monetary sovereignty and other issues.