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Delhi govt warns bike taxis against plying in national capital

The use of two-wheelers for commercial purposes is in violation of the Motor Vehicles Act, 1988. The first offence could lead to a fine of Rs 5,000 while a second offence could incur a Rs 10,000 fine and imprisonment of up to a year, the department said in a public notice.

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Why chatbots like ChatGPT weren't invented in China

Just a few years ago, China was on track to challenge U.S. dominance in artificial intelligence. The balance of power was tilting in China's direction because it had abundant data, hungry entrepreneurs, skilled scientists and supportive policies. The country led the world in patent filings related to artificial intelligence.

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Ted Sarandos says Netflix is heavily invested in India; EV two-wheeler sales may miss targets

Netflix co-CEO Ted Sarandos told ET that the immediate priority for him is to focus on growth while creating new products after an eventful 2022 for the company. Stating that Netflix has gone beyond just wanting to be like HBO, Sarandon said it is similar to Thali in India – a little bit of everything.

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Funding crunch healthy for startups as it’ll bring profitability to the fore: GSV’s Deborah Quazzo

Quazzo told ET during an exclusive interaction that the pace of investments has slowed down in both the US and India and is likely to remain muted for the rest of the year at least.

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TCS not considering layoffs, hiring impacted employees from startups: CHRO Milind Lakkad

TCS chief human resources officer Milind Lakkad said the company, which employs over 6 lakh people, will be announcing hikes similar to earlier years.

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US cracks down on crypto industry with flurry of actions

Last month, the Securities and Exchange Commission levied fines and other penalties against crypto lending firms, while federal banking officials issued policy statements that appeared calculated to make it harder for crypto companies to participate in the mainstream finance system.

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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...