The consumer affairs ministry is working on tightening ecommerce rules to make online retail platforms liable for fraud committed by sellers and attaching “fallback liability” to their role as intermediaries, said a senior official.
OpenAI temporarily shut down its popular ChatGPT service on Monday morning after receiving reports of a bug that allowed some users to see the titles of other users’ chat histories.
Analysts expect revenues of Indian IT majors like Tata Consultancy Services and Infosys getting adversely impacted due to the ongoing crisis among US regional banks. This and more in today’s ETtech Morning Dispatch.
The company is expecting an up round that may see it valued at $6.5-7 billion, based on the expectation of turning ebitda positive from FY24. That will make it the most valuable electric two-wheeler company in the country, even exceeding legacy peers such as Hero Motocorp and TVS Motor.
During the October-March duration, the cryptocurrency exchange received 431 requests from law enforcement agencies, against a total transaction volume of $390 million on the platform.
“After examination of reports in respect of two OEMs, the models of these two OEMs have been suspended from the FAME (Faster Adoption and Manufacturing of Electric and Hybrid Vehicles) scheme,” minister of state for heavy industries Krishan Pal Gurjar said in a written response to a question raised in the Lok Sabha.
The Mountain View-based company said on Tuesday it has found versions of the app, offering PDD Holdings Inc.’s flagship e-commerce service, to contain malware.