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Data Protection Act: A ‘mind-what-you ask-for’ moment for startups, with riders attached

Perhaps what could turn out to be one of the most crucial acts for Digital India was undertaken by the Indian Parliament through the passage of the Digital Personal Data Protection Bill, 2023 earlier this week. While the law will impact every entity in this country that deals in the personal data of Indian citizens, tech companies and consumer facing startups are perhaps going to be impacted the most.

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TikTok owner bets on Resso & Lark for a Byte of India market

India is the world’s largest internet market after China with close to 800 million users and provides a huge opportunity for apps looking to bulk up operations. Resso and Lark are on the lower end of importance for ByteDance, contributing less than 5% to the company's overall revenues in 2022, according to Curry.

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US SEC delays decision on Cathie Wood's spot bitcoin ETF

The SEC is seeking public comment on the Ark 21Shares Bitcoin ETF application, and has pushed back the decision date by several weeks to potentially months. It was previously due to make a decision by Aug. 13.

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Italy stands ready to host as Musk talks up Zuckerberg rumble

Italy's Culture Minister Gennaro Sangiuliano said in a statement that he had spoken to Musk about hosting a "large charitable and historically evocative event".

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Irdai on a transformational journey to take insurance to masses

Under new chairman Debasish Panda, the regulator is engaging with the industry more than ever and looking to get the sector charged up.

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Amazon India enables exports worth over Rs 66,000 crore, digitises 62 lakh MSMEs

In the last one year, the company said it has helped create about 1.4 lakh direct and indirect jobs across industries like IT, e-commerce, manufacturing, content creation, and skill development.

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Twitter-turned-X CEO Linda Yaccarino working to win back brands on Elon Musk's platform

X Corp. CEO Linda Yaccarino said Thursday on CNBC that she has been focused on talking with brands like Coca Cola, Visa and State Farm, along with their chief marketing officers and chief executives.

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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...