Page 86 - Data Science For News Today

The CNIL said indicators tracking the inactivity time of employees scanners had been put in place, and that such a system was illegal. It also said a system set up to measure the speed at which items were scanned was also "excessive".

The AI powered SaaS platform provides features for influencer discovery, democratises influencer search and collaboration with its marketplace and provides detailed analytics for measurement of return on investment.

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to grow revenues, generate business leads and sales support, Yellow.ai cofounder and chief executive Raghu Ravinutala told ET.

Companies are subsidising tax liability on users through deposit offers and bonuses, say industry insiders.

Over the past month, revenue-based financiers such as GetVantage and Velocity have set aside a dedicated corpus of Rs 250 crore and Rs 300 crore, respectively, to meet the growing demand for this kind of debt financing in the software-as-a-service (SaaS) industry.

Tencents Riot Games plans to lay off 530 employees, about 11% of its staff globally. CEO Dylan Jadeja stated that the company is without a sharp focus and has too many ongoing projects. Riot will focus on live games like League of Legends, Valorant, Teamfight Tactics, and Wild Rift, while stopping new game development under Riot Forge.

Nearly half of Byjus losses–around Rs 3,800 crore– have come from stressed assets like Whitehat Jr and Osmo–two key acquisitions made by the company. Byjus auditor BDO has however made an observation on the ongoing concern on the $1.2 billion term loan which indicates that a ‘material uncertainty exists.

Vestiaire Collective, the second-hand fashion marketplace, has launched a crowdfunding campaign to raise at least one million euros ($1.09 million) from individual investors. The campaign aims to bring loyal customers into the companys shareholder base and is priced at 1.78 euros ($1.94) per share, valuing Vestiaire at 1.1 billion euros ($1.20 billion).

Platform fee is essential to delivery firms as they look to improve their take rates, which determine the amount of money they make on every order. Both Zomato and Swiggy have been experimenting with increased platform fee to boost their overall revenues and profits.

Elon Musk, who has been accused of allowing antisemitic messages on his social media platform, X, visited the site of the Auschwitz-Birkenau death camp. Musk toured the most notorious extermination camp established by Nazi Germany during World War II.