Coinbase buys digital asset firm One River Digital in growth push

The company did not disclose the financial details of the deal, in which ORDAM will become Coinbase Asset Management and operate as a fully-owned unit of Coinbase.

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AI boost lifts Broadcom forecast amid lingering enterprise weakness

Broadcom, which supplies chips used in data centres for networking and specialised chips that speed up AI work, expects networking revenue to grow 20% in the current quarter.

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SoftBank's Arm to pursue US-only listing this year

Arm did not completely rule out an eventual London listing, saying it intended to consider a subsequent initial public offering there in due course, without providing further details.

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Microsoft set to win EU nod on Activision with licensing offer

Microsoft announced the Activision bid in January last year, its biggest ever, to take on leaders Tencent and Sony, in the booming videogaming market and to venture in the metaverse which is virtual online worlds where people can work, play and socialise.

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Ads on fintechs pay off for D2C firms; don’t use bikes as taxis for deliveries, Delhi govt tells online platforms

With a captive user base and high user engagement, fintechs such as Paytm, PhonePe, and Google Pay are becoming popular with direct-to-consumer (D2C) brands seeking a platform to advertise and acquire customers. This and more in today’s edition of the ETtech Morning Dispatch.

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Caution, conservative client outlook behind Capgemini’s muted guidance: CEO Ashwin Yardi

The uncertain nature of the inflationary environment has led clients to invest in cost saving projects, Ashwin Yardi, chief executive of Capgemini India, told ET.

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Apple blocks update to email app with ChatGPT tech: report

An update to the email app, BlueMail, which uses a customized version of OpenAI's GPT-3 language model, was blocked last week, Ben Volach, co-founder of BlueMail developer Blix Inc, told the Journal.

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