Amazon's cloud unit wants to widen appeal of cashier-less tech

In recent years, the e-commerce company has opened stores without cashiers in which cameras and sensors determine what shoppers take and bill them after they exit.

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Meta sought to settle EU antitrust investigations: sources

The EU competition enforcer launched an investigation into Facebook in June last year, focusing on whether the social network unfairly use advertisers' data to compete with them in the online classified ads sector.

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Rapper Kanye West no longer plans to buy social media platform Parler

Parlement Technologies and Ye had announced plans for the deal in October. At the time the company said it expected the deal to close during the fourth quarter of 2022.

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Karnataka’s transport authority to hear Uber, Ola on Dec 6 on renewing aggregator licence

The licences of ANI Technologies (Ola) and Uber Technologies Inc. for Bengaluru had expired in June and December 2021, respectively, but their operations have remained unaffected because of a court order that stopped authorities from taking “any coercive action” after the companies argued that they are not transport operators and only provide the technology platform.

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Facebook's skewed audience for job ads draws new complaint

The new allegations underscore the issues that Meta's planned system would counter. Meta said it was reviewing the complaint and did not provide immediate comment on it or the status of the planned changes.

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Paytm expects blended payment margin to stabilise at 5-7 basis points on GMV

According to a presentation made before analysts, One97 Communications (OCL) said the company at present, earns net payment margin of 7 to 9 basis points (bps) of gross merchandise value (GMV) on processing.

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e-Rupee may offer same anonymity as dealing in cash

Bankers said that once the CBDC-R (Central Bank Backed Digital Currency-Retail) is transferred to customer wallets, banks will not track or report these transactions.

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Sam Bankman-Fried says he 'didn't ever try to commit fraud'

Speaking via video link at the New York Times' Dealbook Summit with Andrew Ross Sorkin on Wednesday, Bankman-Fried said he did not knowingly commingle customer funds on FTX with funds at his proprietary trading firm, Alameda Research.

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Salesforce's Bret Taylor steps down as co-CEO, Marc Benioff to be at the helm

Benioff will remain the sole CEO and continue as board chairman of the software giant when Taylor departs on Jan. 31, the company said Wednesday in a statement. Taylor has been at the company for the past six years and was named co-CEO in November 2021.

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Indian e-marketplaces expected to see funding shortage in near term: report

Growth will come from expanding into tier-3 cities, global markets but without burning money amid funding slowdown: Bain & Co and Accel report.

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Meta to take call on Donald Trump re-entry in early 2023: Nick Clegg

Meta will take a decision on whether to revoke former US President Donald Trump's suspension in early 2023, Nick Clegg, president, global affairs of Meta told ET in an exclusive interview.

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