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Entrepreneurs flag lack of ‘credence’ as IAMAI not representing their interests, favouring Big Tech

This signals a deepening of the chasm between the interests of global internet majors such as Google and Facebook and that of the local startups over issues ranging from pricing policies to digital regulations.

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Ex-OpenSea employee made ‘free money’ off NFTs, prosecutor says

The charges against Nathaniel Chastain, a former OpenSea product manager, were the first in a series of high-profile cases related to digital assets launched by the US Attorney's office in Manhattan last year.

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PhysicsWallah rolls out 50 offline centres; to offer scholarships worth Rs 160 crore

Vidyapeeth is a tech-integrated offline classroom comprising 650 smart classrooms. The edtech unicorn is already running 11 Vidyapeeth centers in various cities across the country.

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India blocks 14 apps in Jammu and Kashmir for spreading terror

These mobile applications were reportedly used by terrorists in Kashmir to communicate with their supporters and on-ground workers (OGW). With the help of other intelligence agencies operating in the valley, a list of such apps was prepared that pose a threat to national security and do not follow Indian laws. After getting the list prepared, the concerned Ministry was informed of the request to ban these mobile applications.

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Meta seeks OpenAI's help to create AI coding assistant for its engineers

Meta (formerly Facebook) is reportedly in touch with Microsoft and OpenAI's to develop an artificial intelligence (AI) coding assistant for its engineers.

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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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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...