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Behind self-regulating Indian tech industry, and other top stories this week

This week ETtech's reporters broke a bunch of stories across fintech, online pharmacy and social media, which highlight the growing push towards self-regulation and the challenges being faced by players in adopting it.

from Tech-Economic Times https://ift.tt/Bz86gFu

Online games with Indian themes, characters becoming all the rage

​​This trend, which follows the rising popularity of India-focused content — both contemporary as well as drawn from folklore and mythology — that is visible on television shows, music, animation and comics is pushing gaming companies to also follow suit, say industry executives.

from Tech-Economic Times https://ift.tt/YKwXzqN

Amazon defeats consumer antitrust lawsuit over fulfillment centers

In his ruling, US district judge Ricardo Martinez said the consumer plaintiffs had not shown why they should be allowed to sue over logistics practices - how and when a purchased item shows up at the buyer's residence.

from Tech-Economic Times https://ift.tt/HTbnrcj

Tata Elxsi to collaborate with IIT Guwahati on electric mobility technology

Tata Elxsi CEO and MD Manoj Raghavan said the collaboration will bring together the best minds from Tata Elxsi and IIT Guwahati to envisage and develop future-looking solutions for the fast-evolving space of electric mobility.

from Tech-Economic Times https://ift.tt/KxrsmOQ

Elon Musk pins hopes on full self-driving as Tesla's next profit driver

Some analysts and investors worry that Tesla's industry-leading market valuation is threatened by factors including price cuts that have undermined its margins, delays in rolling out new models and revisions to its full self-driving (FSD) software.

from Tech-Economic Times https://ift.tt/gcaAY01

Google tells Indian app developers to use GPBS abroad to receive payments

​​In India, following an adverse order by the Competition Commission of India (CCI), Google replaced the GPBS with the User Choice Billing (UCB) system.

from Tech-Economic Times https://ift.tt/YqrVWmT

Fintechs struggle to come together for self-regulation; epharmacies, govt officials hold talks over new rules

India's new-age financial services industry has faced constant regulatory scrutiny in recent years disrupting businesses across the board. To streamline the workings, the country's central bank has asked the fintech industry to come up with a self-regulatory organisation. But that's not been easy to do. This and more in today’s ET Morning Dispatch.

from Tech-Economic Times https://ift.tt/nQXM6IN

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...