Category: Technology

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Reddit: Reddit protest: Why are thousands of subreddits going dark?

[ad_1] Thousands of popular Reddit communities dedicated to topics ranging from Apple Inc to gaming and music locked out their users on Monday in protest against the company’s plan to charge for access to its data. Starting next month, third-party app developers using Reddit’s vast troves of data will have to pay a price and ...

Govt orders probe after alleged CoWin data leak; SC revives ban on Uber, Rapido bike taxis in Delhi

[ad_1] An alleged data leak on the national vaccination portal CoWin has pushed the government to jump into action and order a probe. The health ministry and minister of state for IT have assuaged the public’s fears and said it is not a direct breach. This and more in today’s ETtech Top 5. Also in ...

delhi rapido: Supreme Court revives ban on Uber, Rapido bike taxis in New Delhi

[ad_1] The Supreme Court on Monday halted a Delhi high court order that had allowed Uber, Rapido and other two-wheeler bike taxis to operate in New Delhi, reviving a ban imposed by the government. The top court was hearing two pleas filed by the Delhi government against the high court order permitting bike-taxi aggregators, Rapido ...

apple: Apple, Amazon must face consumer lawsuit over iPhone, iPad prices: US judge

[ad_1] Apple and Amazon.com must face a consumer antitrust lawsuit in US court accusing them of conspiring to artificially inflate the price of iPhones and iPads sold on Amazon‘s platform, a federal judge in Seattle ruled on Thursday. In his ruling, US District Judge John Coughenour rejected bids from Apple and Amazon to dismiss the ...

Jiocinema: Disney bets on free mobile cricket streaming in India in battle with JioCinema

[ad_1] Walt Disney Co’s Hotstar will offer free streaming of cricket tournaments in India on mobile devices, a move that follows rival JioCinema‘s recent success in garnering millions of viewers with a similar strategy in the cricket-crazy nation. Hotstar said on Friday it would offer the Asia Cup and ICC Men’s Cricket World Cup tournaments ...

altman: OpenAI’s Sam Altman disagrees with Elon Musk on pausing AI research

[ad_1] OpenAI CEO and cofounder Sam Altman has been vocally supportive of regulation in the AI space. Speaking at the ET Conversations event earlier this week, Altman said he was in favour of regulations for OpenAI and large companies. Asked about Tesla cofounder and Twitter boss Elon Musk’s stance on wanting to halt AI research, ...

altman: OpenAI CEO Sam Altman meets Prime Minister Narendra Modi in Delhi

[ad_1] OpenAI CEO Sam Altman, who is currently on a tour of India and other Asian countries such as the UAE and South Korea, met Prime Minister Narendra Modi in New Delhi on Friday. Altman tweeted a picture of his meeting with the prime minister. “great conversation with @narendramodi discussing india’s incredible tech ecosystem and ...

bfsi: Slow BFSI spending to hurt deal closures for IT services companies

[ad_1] Banking, financial services and insurance (BFSI) spending globally is projected to grow just 3% in 2023 compared with 10% in 2022, which can lead to further pressure on the IT services sector, said analysts. The Indian IT industry earns around 40% of its revenue from BFSI solutions and is already facing a slowdown in ...

US: Britain, US to work together on AI safety, says Sunak

[ad_1] Britain and the United States have agreed to work together on artificial intelligence safety, British Prime Minister Rishi Sunak said on Thursday. “Today, the President and I agreed to work together on AI safety,” Sunak said at a joint press conference with US President Joe Biden. “The UK looks forward to hosting the first ...

rbi: RBI issues guidelines for default loss guarantee, provides breather to fintechs

[ad_1] The Reserve Bank of India has introduced a cap of 5% on the first loan default guarantee (FLDG) that is provided by fintechs to their lending partners. In a notification issued on Thursday, the central bank said that regulated entities (RE) shall ensure that the total default guarantee shall not exceed 5% of the ...