Japan's Fumio Kishida unveils a framework for global regulation of generative AI
The Economic Times » Tech News
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49m ago
Kishida made the announcement in a speech at the Paris-based Organization for Economic Cooperation and Development ..read more
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Judge grills US and Google on antitrust claims
The Economic Times » Tech News
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49m ago
Judge Amit P. Mehta was presiding over the first day of closing arguments in the most consequential tech antitrust case since the U.S. government sued Microsoft in the late 1990s. The Justice Department has sued Google, accusing it of illegally shoring up a monopoly in online search. Google has denied the claims ..read more
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Apple sales fall less than expected, CEO sees return to growth
The Economic Times » Tech News
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3h ago
Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of its stock. The buyback is the largest in the company's history, according to Investing.com analyst Thomas Monteiro ..read more
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Premji Invest eyes Nainital Bank stake; Ranjan Pai may back Rupeek
The Economic Times » Tech News
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3h ago
Happy Friday! Azim Premji’s family office is eyeing a majority stake in Bank of Baroda-owned Nainital Bank. This and more in today’s packed edition of ETtech Morning Dispatch ..read more
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Premji Invest in advanced talks for big stake in Bank of Baroda’s Nainital Bank
The Economic Times » Tech News
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5h ago
Premji Invest in talks to acquire majority stake in Nainital Bank at around Rs 800 crore. Public sector lender Bank of Baroda, which owns around 98% of Nainital Bank, is expected to divest its entire shareholding ..read more
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Midcap IT companies buck the trend to add more employees
The Economic Times » Tech News
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5h ago
Mid-sized IT firms showed workforce growth in fiscal 2024, contrasting major Indian IT firms' decline. Demand rose for tech services from domestic and global sectors. Automation may impact headcount. Mid-tier firms excel in engineering services with strong growth ..read more
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Govt seeks inputs from industry to design more here
The Economic Times » Tech News
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5h ago
Government collaborates with industry to boost electronics manufacturing in India, focusing on domestic value-add and encouraging smartphone and notebook design ecosystem. Emphasis on intellectual property and localization for global market competitiveness ..read more
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Manipal's Ranjan Pai, Axis see gold in Rupeek
The Economic Times » Tech News
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5h ago
Claypond Capital, Axis Bank, and new investors plan to invest in Rupeek at a reduced valuation. Investment details are being finalized, with existing investors also considering selling shares. Rupeek previously raised funds from 360 One at a significant discount ..read more
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Israeli cyber startup Apex gets initial investment from OpenAI's Sam Altman
The Economic Times » Tech News
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12h ago
Israeli start-up Apex, securing AI tools, received funding from OpenAI CEO. $7M seed funding led by Sequoia Capital, Index Ventures. Addressing data protection, AI threats, privacy, compliance. Focus on product development, hiring, marketing ..read more
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Apple to extend new core technology fee to iPadOS apps
The Economic Times » Tech News
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12h ago
Apple extends core technology fee to iPadOS apps under EU rules, with exemptions for small developers, non-profits, and limited install apps. The fee applies to App Store, Web Distribution, and global revenue developers ..read more
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