Page 218 - Data Science News Today

Indian-origin startups considering relocating to India face tax implications, aiming for better valuations. Minister Goyal emphasized using tax revenue for social development. Walmart paid significant taxes during PhonePes separation. Angel tax and valuation norms are being regulated for startup balance.

Technology startups raised $622.5 million in March 2024, a 37% decline from the previous year. Blume Ventures was a prominent investor, supporting startups in health monitoring, digital lending, and sustainable packaging.

As the National Association of Broadcasters (NAB) Show returns to Las Vegas, Nevada April 13-17, 2024, Amazon Web Services (AWS) is fully embodying the Shows motto, Where Content Comes to Life, with a live cloud-powered newsroom production demonstratio

Rabbits R1, the worlds first LAM-powered device, is set to start shipping in a week and tech biggies like Microsoft and Salesforce investing in this cutting edge technology. LAMs can be ‘revolutionary and bring significant business gains, experts said. AI making choices on the behalf of consumers will, however, also add further complexity to business decision-making.

In a post on X, Musk announced that users with over 5,000 followers will get Premium+ services for free.

Bankman-Fried, 32, was convicted in November of fraud and conspiracy - a dramatic fall from a year earlier when he and his companies seemed to be riding a crest of success that resulted in a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady and comedian Larry David.

Alteria Capital will back startups that have raised venture capital funding of up to Rs 200 crore each through the venture debt fund. ​The fund has already deployed 50% of the total capital commitments to portfolio companies, including One Card, Renee Cosmetics, Samunnati, BlissClub, Rebel Foods, Giva, Lead School, Kissht, Captain Fresh, Traya, BlueStone and Ather.

Databricks, under CEO Ali Ghodsi, prioritizes India for investments to support startups with data solutions. The Mumbai infrastructure serves major clients, contributing to the companys $43 billion valuation.

It was the first time the Dutch publicly attributed cyberespionage to China, as national security tensions grow between the two countries. They are also in a confrontation over restrictions of exports of high-tech semiconductor equipment made by Dutch giant ASML to China.

The Swedish group is selling the game developer for a steep discount, having bought it in a deal that valued the business at up to $1.4 billion in 2021.