Sebi seeks investor data from AIFs for risk assessment

The Securities and Exchange Board of India (SEBI) has requested trustees to scrutinise the investors and the proportion of high-risk clients and non-profit investors in each fund, along with the proportion of investors in countries found on the Financial Action Task Force's grey list, or the United Nations Security Council's consolidated list. Trustees have also been asked to evaluate the degree of checks on politically-exposed persons and sensitive clients, and examine whether the right documents are being collected from investors and their jurisdictions while know-your-customer (KYC) and anti-money laundering measures are being carried out.

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ED to tap lenders for information on Byju’s loans, transactions

The agency is said to be investigating four types of transactions — those related to investments, fees paid by foreign students, sale of gadgets, and advertising and marketing expenses.

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Nearly 80% of iPhone users now own an Apple Watch: Report

While Apple sold about one Apple Watch for every three iPhones in Q4 2022, Samsung sold only one Galaxy Watch for every 10 Galaxy smartphones in the US.

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Elon Musk isn't doing right for Twitter: Jack Dorsey

Bluesky, backed by Dorsey, offers a host of new features and was initially launched to the iOS users in February in a closed beta.

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G7 should adopt 'risk-based' AI regulation, propose ministers

While the ministers recognised that "policy instruments to achieve the common vision and goal of trustworthy AI may vary across G7 members", the agreement sets a landmark for how major countries govern AI amid privacy concerns and security risks.

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EU tech regulation chief Margrethe Vestager sees political agreement on AI law this year

In an interview with Reuters at a Group of Seven digital ministers' meeting in Takasaki, Japan, Vestager suggested legislative measures for the use of AI tools, such as "labelling obligations for AI-generated images".

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Telegram app back in Brazil after judge lifts suspension

The judge kept in place a daily fine of $1 million reais (about $200,000) for Telegram's refusal to provide the data, according to a press statement provided by the federal court that issued the ruling.

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