The NCLAT on Monday concluded its hearing over the petition filed by Google, in which the tech giant challenged the Competition Commission’s order imposing a Rs. 1,337.76 crore penalty for anti-competitive practices in relation to Android mobile devices. A two-member bench of the National Company Law Appellate Tribunal (NCLAT) was conducting the hearing on a
Internet
The Punjab government extended the suspension of mobile Internet and SMS services till Tuesday noon even as the hunt for alleged Khalistan sympathizer Amritpal Singh continued for the third day. The state authorities had on Saturday suspended the Internet and SMS services in the state till Sunday noon. Later, the curbs were extended till Monday
The Enforcement Directorate Friday said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps which allegedly cheated numerous people. The federal probe agency said in a statement that the special
Capital markets regulator SEBI has made stringent norms for Foreign Portfolio Investors (FPIs), asking them to disclose any material change in their structure and common ownership within seven working days. With regard to new FPI registrations, the Securities and Exchange Board of India (SEBI) can ask them for any additional documents which may be required,
Indian digital payments firm PhonePe said on Friday it has raised $200 million (nearly Rs. 1,650 crore) from majority backer Walmart at a pre-money valuation of $12 billion (nearly Rs. 99,000 crore). PhonePe, already India’s most valuable payments firm and among the country’s most highly-valued startups, said the investment is part of its ongoing fundraise of
A parliamentary panel has recommended that the Union Home Ministry may encourage the state governments to identify cyber hotspots in their state and maintain a data profile on the cyber crimes being committed in those hotspots. The Parliamentary Standing Committee on Home Affairs headed by BJP MP Brijlal noted that it believed that despite the
Generative artificial intelligence has become a buzzword this year, capturing the public’s fancy and sparking a rush among Microsoft and Alphabet to launch products with technology they believe will change the nature of work. Here is everything you need to know about this technology. What is Generative AI? Like other forms of artificial intelligence, generative
Indian digital payments firm PhonePe said on Friday it has raised $200 million (roughly Rs. 1,650 crore) from majority backer Walmart at a pre-money valuation of $12 billion (roughly Rs. 98,997 crore). PhonePe, already India’s most valuable payments firm and among the country’s most highly-valued startups, said the investment is part of its ongoing fundraise
Amazon.com-owned Twitch’s Emmett Shear will step down as chief executive officer after over 16 years at the live video streaming platform that he co-founded, he said on Thursday. President Dan Clancy, who has been at Twitch since 2019, will take on the role of CEO effective immediately, Shear said in a blog post, adding that
Russian hackers appear to be preparing a renewed wave of cyberattacks against Ukraine, including a “ransomware-style” threat to organizations serving Ukraine’s supply lines, a research report by Microsoft said on Wednesday. The report, authored by the tech giant’s cyber security research and analysis team, outlines a series of new discoveries about how Russian hackers have
Artificial intelligence can now outperform most law school graduates on the bar exam, the grueling two-day test aspiring attorneys must pass to practice law in the United States, according to a new study released Wednesday. GPT-4, the upgraded AI model released this week by Microsoft-backed OpenAI, scored 297 on the bar exam in an experiment
Quentin Tarantino’s supposed last film is reportedly called ‘The Movie Critic.’ According to a report, the acclaimed filmmaker is planning to direct the film this autumn, which is likely set in late 1970s Los Angeles and stars a female lead. For now, one could simply assume who The Movie Critic will be based on, given
OpenAI, the creator of chatbot sensation ChatGPT, on Tuesday said it is beginning to release a powerful artificial intelligence model known as GPT-4, setting the stage for even more human-like technology to proliferate. The startup, funded by Microsoft, said in a blog post that its latest technology is “multimodal”, meaning images as well as text
Meta Platforms is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to spiral. “We’re winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses,” the social media firm’s fintech
US chipmaker Qualcomm returned to Europe’s second-top court on Monday seeking to overturn a EUR 242 million ($258.4 million or roughly Rs. 2,125 crore) EU antitrust fine, a year after it convinced the same court to throw out a much bigger penalty in another antitrust case. The European Commission slapped the fine on Qualcomm in
Everything Everywhere All at Once took home the biggest prize at the 2023 Oscars, held live at the Dolby Theatre in Los Angeles on Sunday evening local time. In addition to Best Picture, the uber-creative film nabbed six more awards, crowning Daniel Kwan and Daniel Scheinert as the best directors and original screenwriters of the
Ride-hailing service providers Ola and Uber have applied to the Maharashtra government for aggregator licences, a Regional Transport Office (RTO) official said here on Friday. Sets of guidelines brought out by the Centre and the Maharashtra government mandate such app-based companies to obtain a licence. Currently, the government cannot efficiently take action in case of
At first glance it seems to be just a modern take on Johannes Vermeer’s masterpiece “Girl with a Pearl Earring”. But look more closely and things get a little strange. Firstly, there are two glowing earrings in the image hanging in the Mauritshuis museum in the Dutch city of The Hague. And aren’t those freckles
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