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CCI Imposes Rs 213 Crore Penalty on Meta; Firm Plans to Appeal Decision
The Competition Commission of India imposed a Rs 213-crore penalty on Meta regarding its WhatsApp privacy policy on Monday, and the company expressed disagreement with the decision and said that it intends to appeal. The CCI directed WhatsApp on Monday to desist from sharing user data with Meta-owned applications for advertising purposes for a peri...
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MeitY To Introduce Code Of Conduct For AI Firms: Sources
These guidelines may set standards on AI Usage, training, deployment for companies, according to the ET report.
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'Social Media Firms Must Compensate News Outlets': Minister Ashwini Vaishnaw
Fake news, algorithmic bias, artificial intelligence and fair compensation are the four challenges before the media, spotlighted Union Minister of Information and Broadcasting Ashwini Vaishnaw on Saturday on the occasion of National Press Day.
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Rat Poison For Pest Control Kills 2 Children In Chennai, Parents In Hospital
The use of chemicals to kill rats by a pest control services firm in an apartment here has turned lethal for a family of four.
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IIT Delhi Graduates India's Most Employable, Shows Global Survey
GEURS ranking are produced by data from French consultancy firm Emerging. It shows that employers want graduates who have undertaken some form of work experience.
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India’s Web3 Ecosystem Has Over 400 Firms, Karnataka Emerges as Industry Hub: Report
The BWA report has observed that the area of blockchain solutions have emerged as the Web3 vertical with the largest concentration of companies operating within it. Presently, 79 firms have been identified by the BWA for conducting research and development work around the use cases of blockchain technology.
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Indian CubeSat to Travel to the Moon Soon on Japanese Lander
India’s HEX20Labs has partnered with Japanese firm ispace for a mission to send a CubeSat into lunar orbit. Scheduled to launch on ispace's M2 mission, the Indian CubeSat will ride aboard the lander Resilience, aiming to orbit the Moon and conduct critical technology testing. This mission signifies a major stride in India’s cislunar exploration...
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Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
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Nine-Man East Bengal Hold Firm To Hold Mohammedan Sporting, Secure First Point Of Season
Fresh off making quarterfinals in the AFC Challenge League, East Bengal, who had struggled to in the ISL until now, showed a new-found confidence under their new head coach Oscar Bruzon
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Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
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WazirX's Nischal Shetty Aims to Build India's Largest Decentralised Exchange Within 12 Months
This week, WazirX hosted a virtual town hall where founder Nischal Shetty shared that he is considering launching a decentralised exchange (DEX) to complement the existing WazirX platform. According to Shetty, a DEX could help mitigate the risks associated with centralised exchanges.
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India, Qatar's Financial Intelligence Units Partner to Combat Money Laundering through Virtual Digital Assets
This week, the Financial Intelligence Units of India and the UAE met in New Delhi to finalise an agreement. The two nations committed to collaborating in efforts to prevent the misuse of crypto assets by unlawful entities for illicit financial transfers.
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Xiaomi India President Muralikrishnan B Exits Firm, to Remain as Independent Strategic Advisor
Xiaomi India's Muralikrishnan B has stepped down as president of the company. He joined the firm in 2018 and was elevated president in 2022. He has since been instrumental in the expansion of the Chinese smartphone giant's Indian subsidiary, despite a brief setback when the company was investigated by government bodies for purported unlawful remitt...
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Indian Firms Sanctioned By US Not In Violation Of National Laws: Centre
The Ministry of External Affairs (MEA) on Saturday reacted to the recent US sanctions imposed on several Indian firms and nationals, with a spokesperson stating that Indian companies have not violated any national laws.
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India Smartphone Shipments Rise 3 Percent YoY in Q3, Samsung Retains Top Spot: Counterpoint Research
Smartphone shipments in India grew 3 percent year-on-year (YoY) for the July-September period (Q3) in 2024, reveals a new report by market research firm Counterpoint. The overall value of smartphones grew by 12 percent in the same quarter compared to last year. Samsung continued to lead the smartphone market with a 23 percent market share, while Ap...
![Gadgets 360 With Technical Guruji: News of the Week [August 24, 2024]](https://c.ndtvimg.com/2024-08/dfno8l5s_news-of-the-week_640x480_24_August_24.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [August 24, 2024]")
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CCI Imposes Rs 213 Crore Penalty on Meta; Firm Plans to Appeal Decision
The Competition Commission of India imposed a Rs 213-crore penalty on Meta regarding its WhatsApp privacy policy on Monday, and the company expressed disagreement with the decision and said that it intends to appeal. The CCI directed WhatsApp on Monday to desist from sharing user data with Meta-owned applications for advertising purposes for a peri...
-
MeitY To Introduce Code Of Conduct For AI Firms: Sources
These guidelines may set standards on AI Usage, training, deployment for companies, according to the ET report.
-
'Social Media Firms Must Compensate News Outlets': Minister Ashwini Vaishnaw
Fake news, algorithmic bias, artificial intelligence and fair compensation are the four challenges before the media, spotlighted Union Minister of Information and Broadcasting Ashwini Vaishnaw on Saturday on the occasion of National Press Day.
-
Rat Poison For Pest Control Kills 2 Children In Chennai, Parents In Hospital
The use of chemicals to kill rats by a pest control services firm in an apartment here has turned lethal for a family of four.
-
IIT Delhi Graduates India's Most Employable, Shows Global Survey
GEURS ranking are produced by data from French consultancy firm Emerging. It shows that employers want graduates who have undertaken some form of work experience.
-
India’s Web3 Ecosystem Has Over 400 Firms, Karnataka Emerges as Industry Hub: Report
The BWA report has observed that the area of blockchain solutions have emerged as the Web3 vertical with the largest concentration of companies operating within it. Presently, 79 firms have been identified by the BWA for conducting research and development work around the use cases of blockchain technology.
-
Indian CubeSat to Travel to the Moon Soon on Japanese Lander
India’s HEX20Labs has partnered with Japanese firm ispace for a mission to send a CubeSat into lunar orbit. Scheduled to launch on ispace's M2 mission, the Indian CubeSat will ride aboard the lander Resilience, aiming to orbit the Moon and conduct critical technology testing. This mission signifies a major stride in India’s cislunar exploration...
-
Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
-
Nine-Man East Bengal Hold Firm To Hold Mohammedan Sporting, Secure First Point Of Season
Fresh off making quarterfinals in the AFC Challenge League, East Bengal, who had struggled to in the ISL until now, showed a new-found confidence under their new head coach Oscar Bruzon
-
Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
-
WazirX's Nischal Shetty Aims to Build India's Largest Decentralised Exchange Within 12 Months
This week, WazirX hosted a virtual town hall where founder Nischal Shetty shared that he is considering launching a decentralised exchange (DEX) to complement the existing WazirX platform. According to Shetty, a DEX could help mitigate the risks associated with centralised exchanges.
-
India, Qatar's Financial Intelligence Units Partner to Combat Money Laundering through Virtual Digital Assets
This week, the Financial Intelligence Units of India and the UAE met in New Delhi to finalise an agreement. The two nations committed to collaborating in efforts to prevent the misuse of crypto assets by unlawful entities for illicit financial transfers.
-
Xiaomi India President Muralikrishnan B Exits Firm, to Remain as Independent Strategic Advisor
Xiaomi India's Muralikrishnan B has stepped down as president of the company. He joined the firm in 2018 and was elevated president in 2022. He has since been instrumental in the expansion of the Chinese smartphone giant's Indian subsidiary, despite a brief setback when the company was investigated by government bodies for purported unlawful remitt...
-
Indian Firms Sanctioned By US Not In Violation Of National Laws: Centre
The Ministry of External Affairs (MEA) on Saturday reacted to the recent US sanctions imposed on several Indian firms and nationals, with a spokesperson stating that Indian companies have not violated any national laws.
-
India Smartphone Shipments Rise 3 Percent YoY in Q3, Samsung Retains Top Spot: Counterpoint Research
Smartphone shipments in India grew 3 percent year-on-year (YoY) for the July-September period (Q3) in 2024, reveals a new report by market research firm Counterpoint. The overall value of smartphones grew by 12 percent in the same quarter compared to last year. Samsung continued to lead the smartphone market with a 23 percent market share, while Ap...
