Tuesday, October 31, 2023

ONDC seller apps seek unique ID for network’s vendors

Seeing the same store being listed multiple times on the buyer app is not a great experience from a user perspective, they say.

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Biden administration aims to cut AI risks with executive order

The order, which he signed at the White House, requires developers of AI systems that pose risks to US national security, the economy, public health or safety to share the results of safety tests with the US government, in line with the Defense Production Act, before they are released to the public.

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Google's Sundar Pichai says tech giant has improved the web for all consumers

Testifying on Monday in Google's landmark antitrust trial, Pichai directly contradicted the Justice Department's claims that his company's huge payments to companies such as Apple to be the default internet search option on their popular devices represent its unchecked monopoly power.

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Telegram to ban channels that called for anti-Semitic riots in Russia's Dagestan

The popular messaging platform Telegram will block channels that called for anti-Semitic violence in Russia's Dagestan region, Telegram founder Pavel Durov said on Monday.

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Monday, October 30, 2023

Tech Mahindra eyes Dec-Jan release of Hindi LLM under ‘Project Indus’

While talks have not yet begun, Tech Mahindra is considering partnerships for compute power, whether it is with Nvidia for GPUs (graphics processing units) or with hyperscalers. It is exploring techniques of quantisation and model compression, but also looking for partners for tensor networks, which can aid model compression.

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NPCI stepping in to stop AePS frauds, suggests ways to banks

The retail payment body which runs AePS wants banks to explicitly seek customer consent regarding this service at the time of account opening.

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70-hour workweek par for course for Indian startup founders

ET spoke to over half-a-dozen founders of early-stage startups to unicorns, who said that if one is looking to build something big and impactful, they need to stretch that extra mile.

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VCs rope in Deloitte to work with Groyyo to shut its B2B trading business

New York-based investment fund Tiger Global is also believed to be engaging with another Big 4 audit firm for a potential forensic audit of Groyyo. However, it is not clear if that's been finalised yet.

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Sunday, October 29, 2023

Google investigating multiple profile update bug found in Pixel phones

​​The problem was faced mostly by Pixel 6 owners as soon as the Android 14 update started rolling out. According to reports, the problems ranged from missing apps to being locked out of internal storage on one of users' devices.

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Elon Musk says Starlink to provide connectivity in Gaza for aid organisations

Musk said in a post on social media platform X that it was not clear who has authority for ground links in Gaza, but we do know that "no terminal has requested a connection in that area".

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VinFast begins shopping for land to drive into the EV market in India

Vietnamese electric vehicle maker VinFast Auto is evaluating potential sites for its upcoming manufacturing facility and has already reviewed two locations in Tamil Nadu, people aware of the developments told ET.

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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-...