Monday, July 15, 2024

MeitY may ask MCA to keep ex-ante out of Digital Competition Bill for now

The Ministry of Electronics and Information Technology advises excluding the ex-ante provision from the Digital Competition Bill. Stakeholders, including IAMAI, Nasscom, and The Dialogue, oppose it as burdensome. A senior official notes widespread opposition. Further consultations are advised. Concerns include compliance for significant digital enterprises, dominance control, and its impact on venture investments in tech startups.

from Tech-Economic Times https://ift.tt/5pUjsSW

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...