TikTok fires entire India staff, 40 employees given pink slips

As many as 40 people were given the pink slips on Monday after a call and were told that they would be given up to nine months of severance pay, they said.

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Tazapay raises $16.9 million from Sequoia Capital, others in fresh funding

Existing investors Foundamental, January Capital, RTP Global and Saison Capital also participated in the latest round of funding.

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US judge extends FTX founder Sam Bankman-Fried's bail restrictions

U.S. District Judge Lewis Kaplan on Feb. 1 had temporarily barred Bankman-Fried from contacting any current or former employees of FTX or Alameda Research, his hedge fund, after prosecutors raised concerns that the 30-year-old former billionaire may be trying to tamper with witnesses.

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Netflix lays out plans to crack down on account sharing

The video-streaming giant said members can now easily manage who has access to their account, transfer their profile to a new account and still easily watch Netflix on their personal devices or log into a new TV.

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Chinese state media, AI companies warn of risks in ChatGPT stock frenzy

ChatGPT, a chatbot developed by US firm OpenAI and backed by Microsoft Corp, gives strikingly human-like responses to user queries.

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Advertising spends on Ecomm platforms crossed $1b in 2022

According to business intelligence platform Tofler, Flipkart Internet, the marketplace part of Walmart-owned Flipkart India, posted 50% year-on-year growth in ad revenue at ₹2,083.5 crore in FY22. At Amazon India's marketplace subsidiary, Amazon Seller Services, advertisement revenue rose 63% to ₹4,171.4 crore. These two sites generated more than ₹6,250 crore in ad income in FY22.

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Let data embassies come up across the country, not at GIFT IFSC alone: Industry

Yotta Infrastructure and ST Telemedia Global Data Centres have said that the policy will bring investments to India if the government goes for a nation-wide rollout.

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