Antitrust enforcers around the world have stepped up scrutiny of Big Tech acquiring smaller rivals, concerned about the accumulation of troves of data by a few companies, and big players leveraging their dominance into new markets.
Since Elon Musk took over Twitter eight months ago, users irked by the platform's new regime have vowed to move their online presence elsewhere, though the habit has proved hard to break.
Meta's Mark Zuckerberg delivered a blow to Elon Musk on Wednesday night, as the tech billionaires' rivalry went live with the launch of Instagram's much-anticipated Threads platform, a clone of Twitter.
India's top four information technology firms are expected to post only a marginal increase sequentially in fiscal first-quarter revenue in constant currency, as weakness in the banking and financial services (BFS) sector and persistently high interest rates in Europe and the US will weigh on their results, analysts said.
Worldwide desktop and mobile traffic to the ChatGPT website decreased by 9.7% in June from May, while unique visitors to ChatGPT's website dropped 5.7%. The amount of time visitors spent on the website was also down 8.5%, Similarweb data shows.
After IAMAI, Nasscom, which represents companies like Flipkart, Amazon and Uber, and tech industry lobby group IndiaTech (which represents companies including Ola, Zomato and Zepto) have also flagged the timelines for EV transition.