China addresses investor concerns in rare meeting with global funds as economic recovery loses steam

The rare meeting with global funds comes after Chinese President Xi Jinping’s administration voiced its strongest support in recent years for the country’s private tech enterprises just days earlier.

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Actors decry 'existential crisis' over AI-generated 'synthetic' actors

Since June, Hollywood studios and performers have debated the use of artificial intelligence (AI) in film and television.

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6 GHz band: The next battleground for telcos and tech companies

On one side are global tech biggies such as Google, Meta, Amazon, Microsoft, Cisco, Qualcomm, Intel and Netflix. ​​​On the other – telcos, Reliance Jio, Bharti Airtel and Vodafone Idea. The tech giants want the 6 GHz band delicensed to boost affordable broadband connectivity across rural India via WiFi.

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Paytm parent One 97 Communications' quarterly loss nearly halves to Rs 358.4 crore, revenue up 39%

Revenue from operations for the payments major stood at Rs 2,341.6 crore for the June quarter, a 39.4% increase on year. Operational revenue growth for the firm, however, fell almost 5% on a sequential basis for the recently concluded quarter.

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Microsoft-Activision deal back in hands of UK regulator after court pauses appeal

Microsoft's Activision Blizzard deal is back in the hands of Britain's antitrust regulator after an appeals court granted an adjournment, and the grounds for why the UK should reconsider its block on the U.S. software giant's takeover were published.

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In Q1, headcount at IT companies shrinks sharpest in three years

Six leading Indian IT services companies that have announced first-quarter earnings recorded the sharpest contraction in headcount in the last three years in the April-June period.

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Dunzo’s downfall: from startup star to sinking ship, and other top stories this week

This week was Dunzo’s worst ever since it pivoted to quick commerce with Dunzo Daily in 2021. At ETtech, we have been closely tracking the Reliance Retail and Google-backed firm. What has come to pass has been in the making for a while.

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Govt Fact Check Unit not to be constituted till September 4

The undertaking given by the Centre to the Bombay High Court to not constitute the Fact Check Unit has been extended to September 4.

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OpenAI, Google, others pledge to watermark AI content for safety: White House

At a White House event, Biden addressed growing concerns about the potential for artificial intelligence to be used for disruptive purposes, saying "we must be clear-eyed and vigilant about the threats from emerging technologies" to US democracy.

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Britain's Competition Appeal Tribunal grants adjournment on Microsoft-Activision deal

Britain's Competition Appeal Tribunal granted the adjournment application which was requested jointly by the antitrust regulator, the CMA, and Microsoft, as part of the latter's plan to try to buy Activision Blizzard.

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Celebrity investors betting big on consumer startups

It's a win-win proposition with these mostly consumer-facing startups getting a face to push their brands besides the money, and celebrities getting a low-risk, high-potential investment opportunity.

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