Welcome to the world of facts and news

Now, P2P lending players under RBI lens; BigBasket, Town Essentials tussle is back

The emerging peer-to-peer (P2P) lending industry is the latest to attract the attention of the Reserve Bank of India (RBI).

from Tech-Economic Times https://ift.tt/z0C9oRS

Apple updates Macs ahead of expected headset reveal

Apple's Mac lineup has experienced a revival since it started using its own chips in 2020, but in recent quarters sales have slumped along with the broader PC market.

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

Byju’s faces deadline for $40 million payment

The edtech firm expects to pay on Monday to meet the June 5 deadline, the people said, asking not to be named because the information isn’t public. The situation is still fluid and plans could change. Failure to pay on that date means the $1.2 billion loan will default.

from Tech-Economic Times https://ift.tt/Fn8WSOC

Data-center operator Cyxtera files for bankruptcy

Miami, Florida-based Cyxtera is a provider of co-location services, which allows companies to keep their privately-owned servers and networking equipment in a third-party data center, such as ones owned by Cyxtera.

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

Apple mixed-reality headset to take aim at the metaverse

The iPhone maker has remained mum on reports that it is poised to unveil a headset for augmented or virtual reality experiences at its annual jamboree for developers and app designers.

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

Invested $2 billion in Neu, app revamp paid off-Tata Digital CEO; VCs chase deep tech, climate tech, AI deals

Tata Sons breathed new life into its super app Tata Neu just before the latest Indian Premier League (IPL), a bet that paid off for the company, Tata Digital CEO Pratik Pal told us in chat.

from Tech-Economic Times https://ift.tt/BL0HY4Q

Opening the AI chat window with OpenAI CEO Sam Altman

Altman will discuss AI’s impact on nations like India, his views on regulation and more.

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

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...