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Britain's Competition Appeal Tribunal grants adjournment on Microsoft-Activision deal

Britain's Competition Appeal Tribunal granted the adjournment application which was requested jointly by the antitrust regulator, the CMA, and Microsoft, as part of the latter's plan to try to buy Activision Blizzard.

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Infosys slashes guidance as profit spikes; star power for startups

Every silver lining has a cloud. Infosys announced its first quarter results on Thursday, reporting an 11% rise in profit on-year. However, the company cut its revenue guidance, highlighting the macro challenges for the IT sector. This and more in today’s ETtech Morning Dispatch.

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Celebrity investors betting big on consumer startups

It's a win-win proposition with these mostly consumer-facing startups getting a face to push their brands besides the money, and celebrities getting a low-risk, high-potential investment opportunity.

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An AI supercomputer whirs to life, powered by giant computer chips

The supercomputer, which was unveiled Thursday by Cerebras, a Silicon Valley startup, was built with the company's specialized chips, which are designed to power artificial intelligence products.

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Fintech firms fear disruption as Jio Financial readies entry plan

With the group’s wide reach and its deep pocket, its full-fledged entry could disrupt the market where many of its rivals would be fledgling fintech players.

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Societe Generale obtains France's first cryptocurrency licence

Societe Generale's crypto unit, Forge, is licensed as of Tuesday to offer services, including crypto custody, trading and sales, according to the website of France's AMF market regulator.

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Shark Tank India S1 logs 41% deal close rate; Rs 17 crore deployed

Over a year after Shark Tank India Season 1 aired on television, seven of the so-called sharks (investors) completed only 27 of the 65 soft commitments that they had agreed to deploy in startups that participated in the show, according to an analysis by PrivateCircle Research.

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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...