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The ‘regulatory overhang and ‘reputation harm can have a long-term bearing on the fintech firms overall business and profitability plans, analysts said.

The government will promote investment in post-harvest activities including aggregation, modern storage, efficient supply chains, primary and secondary processing and marketing and branding, finance minister Nirmala Sitharaman said.

A technical audit by the Reserve Bank of India found money and data traffic flows between the tightly regulated Paytm Payments Bank Ltd. and the rest of the Paytm universe that created accounting and supervisory problems, according to people familiar with the matter.

Delaware Judge Kathaleen McCormick said many current board directors labeled as independent by Tesla, including James Murdoch, Chair Robyn Denholm and Ira Ehrenpreis, showed a lack of independence in the pay decision. The judges ruling described a board with little control over its chaotic CEO.

The government has proposed to amend the definition of “eligible startup” under the Startup India scheme to get a tax holiday, to one that has been incorporated between April 1, 2016 and March 31, 2025.

Microsoft Corp beats Q2 revenue estimates with 18% growth driven by new AI features attracting customers to its cloud and Windows services. Microsoft shares fell 1% in after-hours trading but climbed 57% last year. Revenue at Microsofts Intelligent Cloud unit, including Azure, grew 20% to $25.9 billion.

Under prodding from Republican senator Josh Hawley, Zuckerberg stood up and addressed families who held up pictures of their children who they said had been harmed by social media.

The talent agency WME announced a partnership with the technology firm Vermillio on Tuesday that it hopes will protect its clients from having their likenesses misused through artificial intelligence technology. Vermillio has created a platform, Trace ID, that could insulate WME clients from thefts of their likeness and intellectual property by using AI technology to track images.

Google, inventor of foundational technology for todays AI boom, is also locked in battle with two industry players that have captured the business worlds attention, ChatGPTs creator OpenAI and its backer Microsoft.

Microsoft, Alphabet, and Advanced Micro Devices experienced a selloff in their stock market value after failing to meet investors expectations with their quarterly results. The drop in stock prices highlights the high expectations surrounding AI-related companies and the incorporation of AI technology across industries. Alphabets ad revenue missed expectations, and its spending on data centers for AI competition with Microsoft will increase this year.