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Exclusive: Airbnb’s Brian Chesky on India’s potential; over 50% staff at Indian unicorns seeking jobs

Bouncing back from Covid-19, Airbnb in 2022 saw a 70% growth in overnight bookings in India, one of its biggest markets, CEO Brian Chesky told us in an exclusive chat. This and more in today’s ETtech Morning Dispatch.

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FTC: Facebook misled parents, failed to guard kids' privacy

Federal Trade Commision on Wednesday proposed sweeping changes to a 2020 privacy order with Facebook - now called Meta - that would prohibit it from profiting from data it collects on users under 18.

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With AI, let's not move fast and break things

One of these Pandora's boxes is labeled "artificial intelligence," and it is exemplified by the likes of ChatGPT, Bard and AlphaFold, which testify to humanity's ability for the first time to manufacture something in a godlike way that approaches general intelligence, far exceeding the brainpower with which we evolved naturally.

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Shifting from We to Me: Shopping becomes more individualistic across urban India

Department store chain Shoppers Stop's MD Venugopal Nair told analysts last week that there has been a decline in the number of people shopping with families and in groups and that there has been an increase in individual purchases. "We recognise the shift in trends and we continue to bring in brands which cater to that segment," he said.

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Google, Microsoft CEOs called to AI meeting at White House

The chief executives of Alphabet Inc's Google, Microsoft, OpenAI and Anthropic will meet with Vice President Kamala Harris and top administration officials to discuss key artificial intelligence (AI) issues on Thursday, said a White House official.

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Chiratae Ventures marks final close of maiden growth fund at Rs 1,001 crore

With its dedicated growth fund, Chiratae is expected to invest in growth-stage rounds including Series C and above, while taking a sector-agnostic approach, the VC firm said.

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Google’s ‘partial’ NCLAT win may force App Stores to rework plans

Local players are exploring legal and regulatory options after appellate body decision in the Google case, say legal, industry experts.

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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...