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data protection bill: Big Tech coalition seeks 12-18 month extension to comply with India's DPDP Act

The Asia Internet Coalition (AIC), an industry group representing Big Tech companies like Meta, Google, Apple and Microsoft, on Thursday urged the Ministry of Electronics and Information Technology (MeitY) to extend the deadline by 12-18 months to comply with certain provisions under the Digital Personal Data Protection (DPDP) Act, 2023.
Uttar Pradesh Ashwini Vaishnaw Rajeev Chandrasekhar Ministry Of Electronics Offering College Information Technology Meit

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microsoft results: Microsoft's AI investment stabilizes its cloud business

Microsoft reported strong sales in its latest quarter, with $56.5 billion in sales, up 13% from a year earlier. Profit reached $22.3 billion, up 27%, beating analyst expectations. The companys investments in generative artificial intelligence (AI) were starting to boost sales, particularly in the cloud computing sector.
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artificial intelligence: EU lawmakers make progress in crucial talks on new AI rules

European Union lawmakers agreed on a critical part of new rules on artificial intelligence in a meeting late on Tuesday, as they inched closer to a broader agreement on the landmark AI Act, according to five people familiar with the matter.
Brando Benifei Dragos Tudorache Certificate Programme In Data Science Machine European Union European Parliament Indian School Of Business

Alphabet has strong Ad sales but cloud business disappoints

Alphabet, Googles parent company, reported an 11% increase in quarterly sales, reaching $76.7 billion, driven by a rebound in digital advertising. However, investors were disappointed with the performance of its cloud computing business, which lags behind Microsoft and Amazon. Googles profit jumped 42% to $19.7 billion, surpassing expectations.
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