Day: May 11, 2023
102 posts
The Cogsworth’s Gearscape Ring is a unique and handmade ring: Cogsworth’s Gearscape Ring
The Cogsworth’s Gearscape Ring is a unique and handmade ring
Amazon to receive $1 billion in tax breaks for new data centers in Eastern Oregon
Officials in a remote northeastern Oregon county have voted to give Amazon tax breaks worth an estimated $1 billion. The tax breaks are for five additional data centers in Eastern…
PhonePe and Paytm’s Marketing Push Leads to 100x Growth for ONDC, Expected to Exceed 2023 Daily Order Target by July
PhonePe’s launch of the Pincode app in early April led to a surge in orders for ONDC. PhonePe and Paytm then began to aggressively market the network. This has resulted…
Employees displeased as Microsoft forgoes pay increases amid AI push
Microsoft has decided to forgo pay increases for employees. This has caused displeasure among employees. Microsoft is now focused on the lucrative field of generative AI. Microsoft has been investing…
CASHe’s Profits Increase Eightfold in FY22
Fintech firm CASHe has made a strong comeback in FY22 after a pandemic-driven slump in FY21. CASHe’s operating revenue increased 2.36X to Rs 247.91 crore. CASHe’s profits increased eightfold in…
ONDC reports increase in transactions from 100 to 10,000 per day after reducing incentives
ONDC responded to Business Today’s queries about the reduction of incentives. The incentives were introduced when the platform had less than 100 transactions per day. ONDC reported an increase in…
PM Modi highlights the use of technology for empowerment and social justice
Prime Minister Modi addressed an event on National Technology Day. Modi emphasized the use of technology as a source of empowerment and to ensure social justice. The event marks the…
SoftBank sells 2% stake in Paytm to comply with SEBI regulations
SoftBank has sold a 2% stake in Paytm to comply with SEBI regulations. The market value of the total sale has not been declared in the regulatory filing. Reports suggest…
Google’s AI to be tested by Uber, Deutsche Bank, Victoria’s Secret, and more
Google’s cloud division is preparing to test its newest AI technology, generative AI. Companies such as Uber, Deutsche Bank, and Victoria’s Secret will be part of the test.
AI-powered breathalyser detects Covid-19 in real-time
US researchers have developed a laser-based breathalyser powered by AI. This breathalyser can diagnose Covid-19 using exhaled breath. This technology could potentially be used to detect cancer and lung disease…
Microsoft makes strategic investment in Builder.ai, integrates its services with Teams
Microsoft has made a strategic investment in Builder.ai. Builder.ai has created a turnkey approach for businesses wanting their own native apps, accelerated by the rapid digitization of life during the…
Disney+ and Hulu to merge into one app this year
Disney+ and Hulu will merge into a single app later this year. Bob Iger, Disney CEO, announced this during the company’s event. Disney+, Hulu and ESPN+ will still be available…
Mindtree Founders-Backed Mela Ventures Invests in IoT Start-up
Doppelio, an IoT test automation platform provider, has raised $1.2 million in pre-series A funding from Axilor Ventures & Mela Ventures. Funds will be used for product R&D and to…
AI Guru Ben Goertzel Predicts AI Could Make 80% of Jobs Obsolete
At the Web Summit in Rio de Janeiro, AI guru Ben Goertzel spoke out against efforts to curb artificial intelligence research. Goertzel believes that artificial general intelligence is only a…
66% of Indian companies affected by economic crime in past two years, platform fraud rises
66% of Indian firms have been affected by economic crime in the past two years. Platform fraud, including deceptive activities on social media, e-commerce, enterprise, and fintech platforms, accounts for…