Page 46 - Data Science For News Today

Spot bitcoin ETFs could offer investors looking to hedge against inflation an alternative to gold. ETFs track an index, commodities, bonds or a basket of assets like an index fund.

Yasir Al-Rumayyan, governor of the Public Investment Fund, said Saudi Arabia, the worlds biggest oil producer, also had the "political will" to make AI projects happen and ample funds it could deploy to nurture the technologys development.

The Reserve Bank of India has approved the migration of Paytms UPI-based payments business from Paytm Payments Bank to other banks, including Axis Bank, to ensure compliance and business continuity. The move brings Paytm on par with other fintechs offering payment services through UPI.

Online retailer Amazon said Friday it had paid $1.9 million to more than 700 contracted workers in Saudi Arabia as reimbursements for unlawful recruitment fees, among other alleged violations. As a result, "Amazon paid $1.9 million in reimbursements to over 700 contracted workers", the statement added.

Startup funding in the penultimate week of February 2024 fell about 32% from the same period a year ago, totalling $83 million across 20 different deals. Companies in seed, early and late-stages had raised about $122 million from 26 rounds in the period from February 17 to February 23, 2023, as per data from Tracxn.

Talent acquisition professionals at inflated salaries are finding themselves priced out of the market as opportunities dwindle.

The proposal is part of Indias submission to a draft treaty on prevention of cybercrime, which is being deliberated upon by an ad-hoc committee of the United Nations (UN).

The deal underscores how Reddit, which is preparing for a high-profile stock market launch, is seeking to generate new revenue amid fierce competition for advertising dollars from the likes of TikTok and Meta Platforms Facebook.

Indonesias president signed a regulation on Monday requiring digital platforms to pay media outlets that provide them with content, a move aimed at levelling the playing field between big tech companies and the media industry.

While the allocation of funds typically happens between December and January, this year the allocation announcement is still pending, industry insiders said. With the general elections round the corner, the industry is worried that the allocation and the subsequent disbursal of funds could be further delayed.