Page 103 - Data Science For News Today

The central bank digital currency (CBDC), called the e-rupee, has been devised as a digital alternative to physical cash and has been built using distributed-ledger technology.

Total expenses for Cashfree more than doubled to Rs 750 crore during the year, mainly on account of employee costs jumping to Rs 198 crore from Rs 96 crore in the previous fiscal.

CP Gurnanis addition as an independent non-executive director increased the Mumbai-based startups board to seven members, cofounder Ronnie Screwvala told ET.

Adidas, headquartered in Herzogenaurach, Bavaria, will set up its Global Business Services (GBS) hub with Akhil Kapoor leading operations. This reinforces the recent boom of MNCs investing in India in large numbers to set up their GCCs.

TikToks ambitious target sets up a clash not just with Amazon but also fellow Chinese-owned outfits Temu and Shein, whove been making big strides among younger American shoppers. Unlike its two rival discounters, TikTok is counting on its social media reach and the appeal of viral videos to hook buyers.

Semiconductor manufacturing is one of Prime Minister Narendra Modis key business agendas but initial bids to offer $10 billion in incentives to the chipmaking industry have floundered, with some proposals stalled or cancelled.

The Meta chief executive sold shares on every trading day between Nov. 1 and the end of the year, unloading nearly 1.28 million shares for about $428 million, according to a Tuesday regulatory filing.

A Los Angeles-based regional director for the National Labour Relations Board on Wednesday filed a complaint that consolidates eight unfair labour practice charges against SpaceX.

In notices dated Jan. 3, the US Securities and Exchange Commission rejected requests by the iPhone maker and by the entertainment giant to exclude from their upcoming annual meetings calls for reports on their use of AI.

Montanas ban had been set to take effect January 1 but US District Judge Donald Molloy on November 30 issued a preliminary injunction to block the ban on the Chinese-owned app, saying Montanas law "violates the Constitution in more ways than one" and "oversteps state power."