Page 64 - Data Science For News Today

The minister said that big powerful commercial platforms online have started to distort fundamental characteristic of openness of the internet. "I think to maintain the openness, the symmetry between those who create the content and those who distribute the content, there is a need for some sort of conversation or discussion," he said.

Paytm Money, the wealth management entity run by One 97 Communications, is being inspected by the Central Depository Services India. Earlier, RBI asked Paytm Payments Bank to stop banking services from the end of this month. However, this order does not have any direct impact on Paytm Money, which operates independently.

Sarvam AI is building genAI models targeting Indic languages and context, it said in a statement, but did not immediately provide financial details of the partnership.

SoftBank Group on Thursday posted a net profit of 985.5 billion yen ($6.6 billion) in the October-December quarter, ending a streak of four consecutive quarters in the red, as the value of some investments gained ground.

This comes after the Reserve Bank of India last week directed Paytm, one of the largest payments apps in the country, to cease accepting new deposits and allowing credit transactions after February 29 due to supervisory concerns and non-compliance of rules.

The company has been running pilot tests to up the usage of AI tools among its community of developers and was planning a wider release of Microsoft 365 to its teams for the first time, the report said, citing an internal message.

Swiggy said Srinivasan was stepping down due to “increasing business commitments”, without explaining further. The firm did not name a replacement for the position.

Googles layoffs have included the YouTube vendor manager teams, causing disruptions in other areas of the business. Employees fear that the company may struggle to comply with the European Digital Markets Act by the deadline. Google has started rolling out consent screens but job reductions may impact compliance efforts.

During the third quarter, Blinkit said its growth was faster than the year-on-year increase in its gross order value (GOV). Blinkits GOV for the quarter ended December 31 doubled to Rs 3,542 crore.

With this funding, Mumbai-based Neodocs aims to double down its investments in existing products, particularly focusing on its kidney care and urinary tract infections (UTI) kit. It also plans to enhance its self-diagnosis offerings by introducing a finger-prick blood test product that will provide results on a smartphone.