Welcome to the world of facts and news

Court bars US Apple Watch imports during appeal over ban

Apple on Wednesday failed to convince a federal appeals court to allow U.S. imports of Apple Watches with technology for reading blood-oxygen levels while it challenges a government tribunal's decision that the devices infringe patents belonging to medical technology company Masimo.

from Tech-Economic Times https://ift.tt/mlQCfwJ

Elon Musk's X approved for Virginia money transmitter license

Social media platform X received approval for a money transmitter license in Virginia, the 17th U.S. state to grant approval, as the Elon Musk-owned company advances efforts toward introducing payment features.

from Tech-Economic Times https://ift.tt/pz3Eyrh

Samsung bets on Google-powered AI features in smartphone revamp

At its Unpacked conference Wednesday in San Jose, California, Samsung unveiled the Galaxy S24, S24+ and S24 Ultra phones, which all add AI tools based on the Gemini technology from Alphabet Inc.’s Google. The devices can live-translate phone calls, transcribe voice recordings, summarize web articles, fix handwriting and use generative AI to fill in parts of photos.

from Tech-Economic Times https://ift.tt/UZFdVAR

DMI Group acquires ZestMoney in a firesale

The news comes as ZestMoney had informed employees last month about its plans to shut down by the end of December.

from Tech-Economic Times https://ift.tt/WuPMX0e

Startup Awards: Three southern states figure among five best performers

Karnataka, Kerala and Tamil Nadu shared the recognition with Gujarat and Himachal Pradesh. In the startup ranking, while Himachal Pradesh is placed among Category-B states, the others are Category-A states.

from Tech-Economic Times https://economictimes.indiatimes.com/tech/startups/startup-awards-three-southern-states-figure-among-five-best-performers/articleshow/106905871.cms

Centre may allot Rs 10,000 crore for quantum computing hubs

An announcement to this effect is likely to be made during Global Artificial Intelligence Summit and Awards scheduled to be held here on January 18 and 19, a government official said.

from Tech-Economic Times https://ift.tt/sqz87jG

Baidu denies report that its Ernie AI chatbot is linked to Chinese military research

Technology company Baidu on Monday refuted a newspaper report that said its artificial intelligence chatbot Ernie was linked to Chinese military research.

from Tech-Economic Times https://ift.tt/CfT0ulb

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...