Business
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Gold beats Sensex, Nifty 50 in current year so far
Gold outperformed the stock markets in 2023 so far, with its overall return surpassing that of the Sensex and Nifty 50. While the 24-carat gold rate has increased from Rs 55,200 to…
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McDonald’s temporarily shuts US offices, plans major layoffs
New York: Fast food giant McDonald’s has temporarily shut its offices in the US this week as it gears up to lay off several employees as part of the restructuring plan amid…
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Parliamentary panel calls for body to regulate digital markets
New Delhi: Rajya Sabha’s standing committee on commerce, in a recent report on regulation of e-commerce, has recommended a “Digital Market Division” within the Competition Commission of India (CCI) be created as…
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China’s loans to Africa worries World Bank President
London: World Bank President David Malpass has said he is concerned about some of the loans China has been making to developing economies in Africa, according to a media report. David Malpass…
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Tech layoffs, economic slowdown hamper office space demand in India
New Delhi: Global economic slowdown, tech layoffs and hybrid work have impacted gross leasing of office space in India, as flexible office space providers share reached almost at par with traditional tech…
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Foreign investors turn net buyers in Indian stocks
New Delhi: Foreign portfolio investors (FPIs) have turned net buyers in Indian stock markets after having sold two months on a trot in January and February – data from the National Securities…
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Adani Ports acquires Karaikal Port
Chennai: The Adani group gained a further foothold in the port sector on the eastern coast by acquiring the all-weather deep water Karaikal Port owner Karaikal Port Private Ltd. The Karaikal Port…
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Italy orders OpenAI to stop processing users’ data else face fine
New Delhi: Italian regulators have ordered Microsoft-owned OpenAI to immediately stop the processing of Italian users’ data to general AI models. The Italian regulator Garante said it’s concerned that the ChatGPT maker…
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Sundar Pichai promises more capable Bard AI chatbot soon
San Francisco: After facing criticism about his ChatGPT rival called Bard, Alphabet and Google CEO Sundar Pichai has said that the company will soon release more capable AI models. Bard was released…
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Samsung developing MacBook OLED panels: Report
San Francisco: Tech giant Samsung has started developing OLED panels for Apple’s upcoming MacBook Air ultrabooks, the media reported. LG is producing 11-inch and 13-inch OLED screens for Apple’s upcoming iPads, but…
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White House refuses to pay for Twitter’s Blue verification: Report
San Francisco: As Elon Musk gears up to start removing legacy verified Blue check marks from Saturday, the White House is reportedly not going to pay to have its staff’s official Twitter…
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Apple working on MacBook Air with 13.4-inch OLED display: Report
San Francisco: Apple is reportedly working on a MacBook Air model which will feature a 13.4-inch OLED display, a media report said. The information came from display analyst Ross Young who claimed…
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Netflix rolls out ad-supported plan for Apple TV users
San Francisco: Streaming giant Netflix has rolled out its ad-supported plan — “Basic with Ads” for Apple TV users after a delay of months. The service was announced in October of last…
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YouTube expands ‘Analytics for Artists’ tool to help artists measure their performance
San Francisco: Google-owned YouTube has announced that it is expanding its “Analytics for Artists” tool by adding YouTube Shorts-related data to the Total Reach metric, providing artists with an overview of how…
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Google denies it copied ChatGPT to train its own AI chatbot Bard
New Delhi: Google has denied the reports that it is copying Microsoft-owned OpenAI’s ChatGPT to train its AI chatbot called Bard. A report in The Information claimed that OpenAI’s success “has forced…
