Digital Personal Data Protection Bill gets President's assent, becomes law

The government is now likely to move on to framing and rolling out the rules and regulations of the DPDP Bill.

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SoftBank-owned Arm courts Big Tech interest in its IPO

SoftBank Group-owned chip designer Arm is getting investment interest from several major tech firms for what is expected to be one of this year's biggest initial public offerings. ​​A​rm has been in talks with about 10 companies, including Amazon.com, Intel, Alphabet and Nvidia, about investments ahead of its IPO.

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Rise of the machines: AI spells danger for Hollywood stunt workers

From "Game of Thrones" to the latest Marvel superhero movies, cost-slashing studios have long used computer-generated background figures to reduce the number of actors needed for battle scenes.

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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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