Canada demands Meta lift ban on news to allow fires info to be shared

Meta started blocking news on its Facebook and Instagram platforms for all users in Canada earlier this month in response to a law requiring internet giants to pay for news articles.

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Business correspondents expand into credit, insurance; Tata shifts focus to B2B digital solutions entity

Business correspondents (BCs) are being roped into the government’s financial inclusion plans in a big way. Besides providing traditional services such as account opening and payments, these last-mile banking intermediaries have now ventured into more complex areas like credit and insurance. This and more in today’s Morning Dispatch.

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Government will ensure orderly transition to new data rules: MoS IT Rajeev Chandrasekhar

The government does not want consumers or industry to be hit by fixing a timeline for the setting up of the Data Protection Board under the Digital Personal Data Protection Act, minister of state for electronics and IT Rajeev Chandrasekhar said.

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Elon Musk's SpaceX turns profit in first quarter as revenue soars: WSJ report

The company generated $55 million in profit on $1.5 billion in revenue during the January-to-March period, according to the report.

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Top ex-Google Brain researchers start AI research company in Tokyo

Two prominent former Google researchers, one of whom was a co-inventor of the "transformer" artificial intelligence architecture that paved the way for the generative AI boom, announced on Thursday they had started a new AI company based in Tokyo.

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Minneapolis advances measure for minimum wage to Uber and Lyft drivers

Under the measure, drivers would be paid at least $1.40 per mile and $0.51 per minute, or $5, whichever is greater. The rule would only apply for the portion of the ride within the city.

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Smartwatch makers wage price war; govt asks global IT hardware firms to up local value addition

As the market share battle heats up for the smartwatch segment in India, domestic startups in the space have begun resorting to price as a key lever for gaining share — reminiscent of smartphone sales online a few years back. This and more in today's ETtech Morning Dispatch.

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