Reliance Retail starts ONDC pilot via retail platform Fynd

Reliance Retail, a subsidiary of Reliance Industries, has begun testing the government's Open Network for Digital Commerce (ONDC) through Fynd, an omnichannel retail platform in which Reliance holds an investment.

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Meta says generative AI deception held in check — for now

Social media giant Meta says its bid to thwart coordinated disinformation campaigns created through ever-improving generative AI is working, despite widespread concerns. Meta said it had seen "threat actors" put AI to work to create bogus photos, videos, and text, but no realistic imagery of politicians, according to the report.

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Wipro's majority public shareholders oppose ex-CEO Delaporte's $4.33 million severance

At least 78.4% of the Azim Premji-led IT major's public shareholders or 10.31% of overall shareholders voted against the cash compensation awarded to Delaporte, showed the voting records published on BSE on Thursday.

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B2B fintech startup Vegapay raises $5.5 million from Elevation Capital

Vegapay had raised $1.1 million in its first institutional funding round in 2023 led by Eximius. According to the company, the newly raised fund will be used to enhance Vegapay’s product suite, focusing on product development and regulatory compliance.

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OpenAI signs content deals with The Atlantic and Vox Media

The agreements with The Atlantic and Vox Media come on the heels of several media firms signing similar deals, giving OpenAI access to their news content and archives to train its large language models.

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Govt eyes time, spend curbs to tackle gaming addiction

The government is leaning towards imposing time limits as opposed to certifying games as permissible or non-permissible through self-regulatory organisations (SRO), an official at the IT ministry said.

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OpenAI CEO Sam Altman joins Giving Pledge, focusing his money on tech that 'helps create abundance'

The move comes after a tumultuous six months for Altman, the co-founder of the San Francisco-based company behind ChatGPT and a venture capitalist who Forbes says amassed much of his $1 billion through investments.

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$250K funding for ONDC hackathon topper firms

The Build for Bharat initiative was started in New Delhi in December last year in collaboration with the government’s Startup India platform, Google Cloud India, Antler in India, Protean and Paytm. It was organised in more than 50 cities with experts, leaders, venture capitalists and incubators onboard.

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Myntra gained market share, scaling beauty and home decor: CEO Nandita Sinha

Over the past year-and-a-half, online fashion retailer Myntra has gained market share even as rivals like Reliance Ajio and Nykaa Fashion have snapped at its heels, chief executive Nandita Sinha told ET in an interview–without naming the competition.

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Meta adds safety features to CrowdTangle in bid to address EU concerns

The U.S. social media platform last week said candidates for next month's polls will be shown a notification at the top of their feed in Facebook and Instagram on how to protect themselves and their accounts.

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Ecommerce fails to click for firms in Q4 as sales dip across segments

Online consumption lagged in the March quarter across segments like electronics, wearables and beauty. Delhivery said ecommerce delivery volumes declined 13% sequentially in the March quarter to 176 million, while on a year-on-year basis they were down 2%. Cofounder and CEO Sahil Barua indicated this slowdown comes after a strong December quarter.

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