Welcome to the world of facts and news

Crypto.com accidentally refunds over $7 million to customer owed $68

Seven months later, when the exchange finally discovered the error, some of the money had already gone, The Verge reported citing the Australian news outlet 7News as saying.

from Tech-Economic Times https://ift.tt/4o0B8Lv

New U.S. rules on EV subsidies slam Hyundai, Kia's dreams

The Inflation Reduction Act signed into law by U.S. President Joe Biden last month excludes Hyundai Motor Co and its affiliate Kia Corp from federal tax credits because they don't yet make EVs in North America, knocking their EV ambitions in the short term at least, a Hyundai official, parts suppliers, analysts and car dealers said.

from Tech-Economic Times https://ift.tt/RzCsZ1f

US officials order Nvidia to halt sales of top AI chips to China

Nvidia said the ban - which affects its A100 and H100 chips designed to speed up machine learning tasks - could interfere with the completion of developing the H100, the flagship chip it announced this year.

from Tech-Economic Times https://ift.tt/Rep1MyF

Meta to set up group for paid features on Instagram, Facebook

The move would put Meta on the same course as Snap Inc and Twitter Inc - companies that have launched paid tiers to unlock additional features.

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

Bike Bazaar raises Rs 170 crore led by Women’s World Banking Management

The company intends to use the funds to increase its business in rural India and also scale its marketplace business for the sale and purchase of used two-wheelers.

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

Digital transformation is driving demand for tech skills: LinkedIn India's Ashutosh Gupta

As per LinkedIn’s India Labour Market Insights, hiring in the country was up 63% in the quarter ended June compared to the same quarter in 2019.

from Tech-Economic Times https://ift.tt/wQm7DlU

SoftBank’s Rajeev Misra steps down as corporate officer on record losses

Rajeev Misra will retain his post as head of SoftBank Investment Advisers, which helps oversee the first Vision Fund’s existing investments.

from Tech-Economic Times https://ift.tt/pktfzD8

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...