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PayPal is Planning to Acquire Pinterest for $45 Billion

PayPal is one of the most famous and biggest online payment platforms and they are now in talks to acquire Pinterest for $45 billion. If the talk is successful between the two companies then this will be the biggest social media acquisition in the history. Previously the biggest acquisition was of LinkedIn which was sold to Microsoft for $26.2 billion in 2016. PayPal is offering $70 per share for getting Pinterest. If everything goes to plan then the deal should be announced in next month right when the PayPal is going to report its quarterly earnings.

It is still not clear that whether the deal will be successful and the terms of the deal could change. After the acquisition of Pinterest, PayPal will be able to capture more of a e-commerce market where loads of online shoppers follow the influencers on various different platforms. This will help Paypal to diversify the sources of income with the advertising revenue. When Pinterest went public two years ago it was valued at $13billion but during the pandemic it has seen a significant growth.

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Redmi Watch 2 is Launching Soon With Redmi Note 11

Redmi is going to host a product launch event in the coming days where it will announce Redmi Note 11 series which include Note 11 and Note 11 Pro. Xiaomi has confirmed that they are going to see Redmi Watch 2 at the event. The confirmation of this news comes with a teaser from Redmi where they showed Redmi Watch 2 where you can see watch face.

Redmi Watch has got a curved screen plus it has got a re-positioned side button which is now locating in the middle on the right side. We can expect a bigger screen for Redmi Watch 2. it has also been reported that the watch may come with 3 color options which include blue, beige and black. It will also be equipped with a health monitoring and sports recording features.

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Redmi Note 11 is Launching in the Coming Week

Xiaomi has now confirmed the launch date for Redmi Note 11 after few days it it’s leaks. The Redmi Note 11 and 11 Pro will launch in China on 28th October. The launching date for this smartphone was revealed through a poster which also showed the design of the phone. Redmi Note 11 has a great resemblance with Redmi 10 from the rear side especially when it comes to main camera. It has also been equipped with JBL tuned speakers and a 3,5mm headphone jack. On the top of display there is a punch-hole selfie camera.

Redmi Note 11 Pro and Pro+ will be equipped with 6GB/8GB RAM options as well as 128GB/256GB storage options. This phone will be available in Shallow Dream Galaxy, Misty Forest, Time Quiet Purple and Mysterious Blackland color options. On the other hand Note 11 Pro+ will have the same color variants except for Shallow Dream Galaxy. Note 11 will be equipped with a 50MP camera, 120Hz LCD and 5,000mAh battery with 33W fast charging support. On the other hand Note 11 Pro will be equipped with a 108MP main camera, 120Hz OLED, Dimensity 920 chip and a 5,000mAh battery with 67W super-fast charging support.