Welcome to the world of facts and news

Google, Apple's mobile duopoly likely to be probed by UK regulator

The CMA has concluded after its year-long study that the tech giants (Google, Apple) do indeed exhibit an "effective duopoly" on mobile ecosystems, the report said.

from Tech-Economic Times https://ift.tt/0wuXKMD

Tesla to seek investor approval for 3-for-1 stock split

Shareholders will vote on Tesla's proposed stock split on Aug. 4. If approved, it would be the company's first such action after a five-for-one split in August 2020.

from Tech-Economic Times https://ift.tt/jphUawY

Twitter throws the kitchen sink at Elon Musk

In an SEC filing the previous day, the Tesla CEO had accused Twitter of breaking their agreement by not giving him sufficient data on spam bots. Last month, he said he was putting the deal “temporarily on hold” for the same reason.

from Tech-Economic Times https://ift.tt/wLGA1KX

Edtech players go hybrid as online growth slows

​Companies including PhysicsWallah, Byju’s, Imarticus Learning, Cuemath, Vedantu and Unacademy are all in the process of either expanding or building an offline presence.

from Tech-Economic Times https://ift.tt/C5rzEU0

MeitY unlikely to relent on six-hour rule of Cert-In despite pushback from industry

The decision of the ministry was conveyed to the industry as well as other stakeholders on Friday at a roundtable meeting chaired by Minister of State for Information Technology Rajeev Chandrasekhar.

from Tech-Economic Times https://ift.tt/aPGsclM

Meta probing Sheryl Sandberg's use of company resources: report

Several employees have been interviewed in connection with the investigation by Facebook-parent Meta, the WSJ reported, adding that the probe has been underway since at least last fall.

from Tech-Economic Times https://ift.tt/9SyYfui

Online clothing retailer Stitch Fix to cut 15% of its salaried roles

Decades-high inflation and the impact of the war in Ukraine have pressured Corporate America to consider laying off people or put a freeze on hiring.

from Tech-Economic Times https://ift.tt/iktuQjr

Yellow.ai deploys 30% of global generative AI bots domestically

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 g...