Welcome to the world of facts and news

Britain to take on Big Tech with new legal powers

The legislation will also bolster protection for consumers by making it easier to opt out of online subscriptions and by making it easier to tackle fake reviews, the government said.

from Tech-Economic Times https://ift.tt/1NmyiUf

Startups call for exempting more from angel tax; CCI ordered to look into ADIF’s plaints against Google

The startup industry wants angel tax to be either scrapped or have its exemption threshold of Rs 25 crore raised. This and more in today’s ETtech Morning Dispatch

from Tech-Economic Times https://ift.tt/X4g0b6R

Myntra private label head Manohar Kamath quits

Tribikram Mishra, vice-president and head of the Roadster brand, has also departed from the fashion etailer to join rollup commerce company Mensa Brands - run by former Myntra chief executive Ananth Narayanan.

from Tech-Economic Times https://ift.tt/MREBV12

ECB says it can compensate banks if digital euro causes deposit flight

Ahead of the ECB's decision about developing a digital euro in October, European banking lobbies have warned that a central bank-backed currency could take deposits and business away from commercial lenders.

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

AI-driven Microsoft Bing, startup You threaten Google's Search dominance

New AI features in Microsoft Bing search engine and startup You.com have started to threaten Google's Search dominance, as users seek more efficient search options.

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

The chatbot race has an Apple-sized gap

Apple Inc. may be biding its time for the technology to mature, as it often does, yet waiting too long could also put the iPhone maker in a position where it’s hard to catch up.

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

US urges South Korea not to fill chip shortfalls in China if Micron banned

The news comes ahead of South Korean President Yoon Suk Yeol's visit to the U.S. on Monday for a summit with President Joe Biden.

from Tech-Economic Times https://ift.tt/q3kV1gS

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...