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Exclusive | CCI Probe Against Apple Almost Complete

CCI had launched the probe into Apple’s policies in December 2021 following allegations — levelled by a not-for-profit Together We Fight Society — about the high commission charged by Apple and the lack of third-party payment options.

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Uber signs seven-year cloud partnership deal with Oracle

By migrating some of the company’s most critical workloads to Oracle Cloud Infrastructure, Uber will be in a position to modernise its infrastructure while also accelerating its path to profitability, according to a press release.

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Paytm completes share buyback worth Rs 850 crore

The Paytm board had approved buyback of shares worth Rs 850 crore on December 13, representing 6.67% of the total paid-up share capital between December 21, 2022 to February 13.

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Meta Oversight Board to begin reviewing cases more quickly

The Oversight Board was created in late 2020 to review Facebook and Instagram's decisions on taking down or leaving up certain content and make rulings on whether to uphold or overturn the social media company's actions.

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Walmart to close three tech hubs, relocate staff

Nearly all technology employees across the company would be expected to work in their offices for at least two days a week, added Robert Munroe, Walmart's director of global communications.

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US judge puts SEC, CFTC cases against FTX's Sam Bankman-Fried on hold

U.S. District Judge Kevin Castel in Manhattan granted a Justice Department motion to stay the lawsuits filed by the Securities and Exchange Commission and the Commodity Futures Trading Commission.

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Binance stablecoin backer says US SEC has labeled token an unregistered security

The firm behind Binance's stablecoin, Paxos Trust Company, said the U.S. Securities and Exchange Commission (SEC) has told the company it should have registered the product as a security and is considering taking action against the platform.

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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...