Policy predictability for EV adoption needed to make investments: Ather CBO Ravneet Phokela

Pholeka said, "Unpredictability is not good for business because my business plans are based on a certain assumption of subsidy. If the assumption changes then the plans change and if I'm not certain about my plans, I can't make investments."

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Slack is ready to ride AI wave: CEO Lidiane Jones

just nine months after taking on one of the most high profile jobs in Silicon Valley. "It's amazing what has happened to the world," Jones said of this AI moment that has captured the imagination of Silicon Valley and the world.

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Advent explores sale of car insurance software vendor CCC

Private equity firm Advent International is considering selling CCC Intelligent Solutions Holdings Inc, a software provider to the car insurance industry, which has a market value of $7.1 billion. CCC is being advised by Morgan Stanley in its discussions with potential buyers, including other private equity firms. There is no certainty of a deal. Advent, which owns a 56% stake in CCC, declined to comment. CCC shares rose 8.6% to $12.50 in after-hours trading on the news. CCC, founded in 1980, supplies software to automotive claims and collision repair companies.

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Public markets pricking the valuation bubble & other top tech, startup stories of this week

After a slowdown in technology IPOs in 2022, several tech companies including Arm, Instacart, and Klaviyo have returned to raise funds from the public market. However, the valuations of these companies have fallen significantly compared to their peak valuations. Instacart, for example, is aiming for a $10 billion valuation, which is only a quarter of its peak valuation of $39 billion. The sentiment in the market has shifted, and investors are now looking for right-sized offerings rather than inflated valuations.

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Apple moves to defuse French iPhone 12 dispute as EU scrutiny steps up

France this week suspended sales of iPhone 12 handsets after tests which it said found breaches of radiation exposure limits.

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Amazon enhances search features on app to take on Google

Ecommerce giant Amazon has introduced new features on its app for search and discovery of products. Here’s a look at them.

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Blockchain analysts suspect North Korea-linked hackers behind $70-million crypto theft

Blockchain research firm Elliptic said that "a number of factors" indicate that the Lazarus Group - a hacker group associated with North Korea - was responsible for the attack.

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