Fintech operator BharatPe, on Tuesday, elevated Nalin Negi as Chief Executive Officer of the company, effective immediately. In August 2022, Negi joined BharatPe as Financial Chief of the company. Before which, he held senior positions with SBI Card, an institution launched by the State Bank of India and General Electric Capital. Overall, he has almost […]
Oversight Board, independent body overseeing AI-generated content on Meta platforms said it will evaluate the two cases on Tuesday, involving deepfake pornography circulated on Facebook and Instagram to review Meta’s policies. The Meta-funded firm said it will assess whether the company’s policies and its enforcement practices are effective at addressing explicit AI-generated imagery. Additionally, the […]
Auto ride-hailing app Namma Yatri launched Namma Cabs services in Bengaluru, on Tuesday, as it has been expanding with the growing users, to provide safety, service quality, and overall driver welfare. The homegrown app said it boasts cost optimization, with over 40 lakh consumers and 1.7 lakh drivers earning ₹300 crore ($358.20 million) commission-free. It […]
The Monetary Authority of Singapore (MAS)’s Managing Director Chia Der Jiun, in the Financing Asia’s Transition (FAST) Conference, highlighted the country’s investment raise of $5 billion towards the climate change action on Wednesday. In emphasizing the need for financing the climate change action, Jiun stated about the coordinated effort at both global and regional levels. […]
Space agency National Aeronautics and Space Administration (NASA), on Monday, said Switzerland became the 37th country to sign the Artemis Accords at NASA Headquarters in Washington affirming Switzerland’s commitment to the sustainable and beneficial use of space for all humankind. The Artemis Accords were established in 2020 in coordination with the U.S. Department of State, […]
Blockchain services Metaverse911 launched Metaverse Experience Center (MEC) in Noida, Uttar Pradesh on Tuesday, to redefine the way the industry learns and explores Immersive extended reality (XR) Technologies. In October 2023, Allied Market Research published a report with regard to the metaverse in the automotive industry, where it mentioned global metaverse in the automotive market […]
Indian conglomerate Jio Financial Services, on Monday, signed a 50-50 joint venture with global asset management firm, BlackRock Inc and BlackRock Advisors Singapore for setting up the wealth management and broking business in India. The company has informed National Stock Exchange (NSE) about the joint venture (JV), the newly launched collaboration is subject to regulatory […]
The tech giant Microsoft, on Tuesday, said it will invest $1.5 billion in G42, an AI company, with an aim to co-innovate and deliver AI solutions along with Microsoft Azure for various industries and markets across the Middle East, Central Asia and Africa. The firm said the investment looks to acquire a minority stake in […]
Global ed-tech company Byju’s, on Monday, said Arjun Mohan, Chief Executive Officer of Byju’s India stepped down from his role, after serving in the role for a very short period. The company named former chief executive of UpGrad India Arjun Mohan to take over as CEO of Byju’s India, succeeding a founding employee Mrinal Mohit, […]
India’s one of the leading online forex platforms BookMyForex introduced its latest innovation of a foreign exchange app with real-time forex card reloads, on Monday. This launch marks a significant milestone in the realm of currency management for travellers, said the company. BookMyForex said the standout feature of its new app is the integration with […]
Parent of ChatGPT OpenAI, on Sunday, said it is expanding its venture into Asia with a new office in Tokyo, Japan, with an aim to collaborate with the Japanese government, local businesses, and research institutions to develop safe AI tools that serve Japan’s needs and unlock new opportunities. AI assisting firm said it appointed Tadao […]
Facebook parent company Meta, on Sunday, began testing its artificial intelligence (AI) chatbot, Meta AI, with users based in India and parts of Africa. This chatbot, power-driven by a large language model (LLM), is now being tested on WhatsApp and Instagram. The move demonstrates Meta’s goal of leveraging its enormous user base across many platforms […]
Meta-owned Instagram, on Thursday, said it is testing a new feature to eliminate sextortion and intimate image abuse for its teen users, which will make it more difficult for potential scammers as well as criminals to find and interact with teens. Sextortion is a form of sexual exploitation meaning that someone threatens to distribute private […]
Technology services and consulting company Wipro, on Wednesday, appointed Malay Joshi as Chief Executive Officer of Wipro Americas 1 Strategic Market Unit, effective immediately. Joshi has been with consulting company for nearly three decades. He joined technology services company in 1996 and has served in various roles in media and communication services, including the position […]
Digital finance company Paytm Payments Bank (PPBL) said Surinder Chawla, Chief Executive Officer of the company resigned on Monday, on account of personal reasons and to explore promising professional prospects. The company said Chawla’s resignation as Executive Chief will take effect on June 26, at the latest, unless changed by mutual consent in a regulatory […]