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Online shopping gathers pace in tier-II & IV cities: IIM-Ahmedabad report

Tier 2 to tier 4 cities are outpacing the tier 1 cities in online shopping. According to an Indian Institute of Management Ahmedabad report, online shoppers from tier 2 to tier 4 cities spent up to 77% more than those from tier 1 cities in their last online shopping.

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Lyft picks new CEO as founders tap out amid fierce competition

The change of guard at Lyft comes after a weak quarterly forecast worsened concerns that profits would get squeezed by price cuts undertaken to keep up with bigger rival Uber - which boasts better pricing power, a global presence and a food delivery business.

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Opposition MPs flag concerns about revised Data Bill, propose 40 changes

Members have also expressed concern over a lack of attention to protecting children’s data and the impact on the Right to Information (RTI) Act.

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Alibaba founder Jack Ma returns to China for school visit: Report

The report also said the billionaire businessman, who is a former English teacher, returned to China after a brief stop in Hong Kong, where he met friends and also briefly visited Art Basel.

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Baidu scraps public launch for its ChatGPT-like product 'Ernie Bot'

The webcast, scheduled for Monday afternoon, was switched to a closed-door meeting with the first batch of companies that are testing the product, Baidu said in a statement on Monday morning.

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Black, Hispanic investors struggle with faith in crypto

Only a small minority of the US population owns cryptocurrency, but adoption increased during the COVID-19 pandemic as low interest rates made borrowing money and investing in risky assets more attractive.

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First Citizens in advanced talks to buy Silicon Valley Bank: Source

First Citizens could reach a deal as soon as Sunday to acquire Silicon Valley Bank from the Federal Deposit Insurance Corp (FDIC), according to Bloomberg News, which first reported the development.

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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...