Category: Technology

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paypal: PayPal tells Australia it supports buy-now-pay-later regulation

[ad_1] Payments giant PayPal Holdings Inc wants buy-now-pay-later (BNPL) loans subjected to consumer protection law, it said in a submission to the Australian government, adding a powerful voice from inside the sector calling for regulation. The US firm, which provides BNPL loans alongside its main money transfer service, said it had its own safeguards to ...

Reddit: Founder of WallStreetBets, which helped ignite meme stock frenzy, sues Reddit

[ad_1] The founder of WallStreetBets, which has been credited with helping ignite investors’ frenzy into “meme” stocks, sued Reddit Inc on Wednesday, accusing it of wrongly banning him from moderating the community and undermining his trademark rights. Jaime Rogozinski said his ouster, ostensibly for violating Reddit policy by “attempting to monetize a community,” was a ...

it service clients: IT service clients look for shorter budget cycles

[ad_1] Faced with macroeconomic headwinds, enterprise clients are communicating shorter budget cycles to IT services providers to make sure projects are completed with clear end points and strict timelines, industry experts said. The client ecosystem is sensitive to the fragile economic situation across industries and geographies, and this is being felt across the IT services ...

Gamestop: SEC weighs rules aimed at GameStop-type risk, crypto investments

[ad_1] Wall Street’s top regulator was poised on Wednesday to adopt rules tightening the time-frame for stock trades in an effort to tamp down the kind of risk seen in 2021’s GameStop fiasco, when retail investors suffered heavy losses. The US Securities and Exchange Commission (SEC) was also due to vote on whether to propose ...

US Pastors Chatgpt: Pastors in US think ChatGPT-written sermons will have no soul

[ad_1] Among sermon writers, there is fascination – and unease – over the fast-expanding abilities of artificial intelligence chatbots. For now, the evolving consensus among clergy is this: Yes, they can write a passably competent sermon. But no, they can’t replicate the passion of actual preaching. “It lacks a soul – I don’t know how ...

HireSure.ai funding: HireSure.ai raises $2.5 million from YCombintor, Binny Bansal’s Three State Capital

[ad_1] HireSure, an HRtech firm, said it raised $2.5 million in seed funding led by YCombinator and Binny Bansal’s Three State Capital. San Francisco-based Tribe Capital and Pioneer fund also participated in the round. The company plans to use the funds to strengthen the community, build new products and primarily scale up the engineering and ...

MCA portal: ETtech Explainer: How technical glitches on MCA21 turned into business setbacks for Indian companies?

[ad_1] On Tuesday, in the backdrop of a flurry of complaints by users of the MCA21 portal, the country’s finance and corporate affairs minister Nirmala Sitharaman directed the Ministry of Corporate Affairs (MCA) to look into the issue on priority and form a special team to address public grievances. While glitches with the MCA21 portal ...

baidu: From state media to a Shaolin temple, Baidu’s ChatGPT-style bot sees partner rush

[ad_1] Chinese organisations, from state media to a Shaolin temple, said on Tuesday they have signed partnerships with Baidu‘s ChatGPT-style project, ahead of an expected launch next month. The Chinese search engine giant last week announced that it would complete internal testing of its “Ernie Bot” in March. It is a large artificial intelligence (AI) ...

uber oracle deal: Uber signs seven-year cloud partnership deal with Oracle

[ad_1] Oracle on Tuesday announced a seven-year strategic cloud partnership with Uber Technologies Inc to accelerate the transport aggregator’s innovation, help deliver new products to market, and drive increased profitability. By migrating some of the company’s most critical workloads to Oracle Cloud Infrastructure, Uber will be in a position to modernise its infrastructure while also ...

microsoft activision eu hearing: Microsoft to defend Activision deal at EU hearing on February 21

[ad_1] Microsoft will make a last-ditch effort to defend its $69 billion bid for “Call of Duty” maker Activision Blizzard in front of EU and national antitrust officials at a closed hearing on February 21, the US software company said on Tuesday. The company asked for the hearing after receiving a statement of objections from ...