Business
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20 CEOs at Indian startups quit this year amid regulatory concerns, funding winter
New Delhi: Around 20 CEOs of Indian startups have quit their posts this year to date, amid the deepening funding winter and regulatory concerns, a significantly higher number than previous years, the…
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Alternate financing can capitalise on $500 bn SME credit opportunity in India
New Delhi: Digitised businesses in India have a potential credit demand of $220 billion, out of which $165 billion is serviceable today after adjusting for sick and commercially unviable businesses, a report…
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Uber appoints new Director of Business Development for India, S.Asia
New Delhi: Ride-hailing platform Uber on Thursday announced the appointment of Arnab Kumar as Director of Business Development for India and South Asia. Kumar brings over 17 years of experience in the…
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X announces changes to its API, retires legacy tiers & endpoints
New Delhi: Elon Musk-run X (formerly Twitter) has announced changes to its API (Application Programming Interface) that would retire some of the legacy tiers and endpoints — a move that could again…
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Samsung Electronics to unveil food platform at IFA 2023
Seoul: Samsung Electronics said on Thursday it will unveil a new, integrated food platform, which provides consumers with personalised cooking experiences, at IFA 2023 next month. The platform, Samsung said, is designed…
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Netflix adds 2.6 mn more subscribers in July despite password-sharing crackdown
San Francisco: Despite the password-sharing crackdown, streaming giant Netflix’s subscriber base continues to grow as it added 2.6 million more paid users in the month of July in the US. According to…
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Indian banks set to reward shareholders with the highest dividend in seven years
New Delhi: Indian banks look set to reward shareholders with the highest dividend in at least seven years. The country’s banks are forecast to take their share in aggregate payout across all…
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UAE: Gold prices jump nearly Dh 4 per gram in Dubai
Abu Dhabi: Gold prices in the United Arab Emirates (UAE) on Wednesday evening, August 23, jumped by nearly Dirhams four per gram after the precious metal crossed the 1,900 dollars an ounce…
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News organisations can also get a share of X’s ad revenue: Musk
New Delhi: Tesla and SpaceX CEO Elon Musk on Thursday said that news organisations can also get a share of X’s advertising revenue. In his latest bid to woo journalists after paying…
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Crypto firms raise $2.3 bn in VC funding in Q2, lowest since Q4 2020
New Delhi: Amid the tightening regulatory landscape, crypto startups secured $2.3 billion from VC rounds in the second quarter (April-June period) this year, the least amount raised since Q4 2020, a new…
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Microsoft introduces Python in Excel
San Francisco: Microsoft has introduced the public preview of the popular programming language Python in Excel. “Today, we are excited to introduce the Public Preview of Python in Excel — making it…
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YouTube sees over 1.7 bn views on AI tool-related videos in 2023
San Francisco: Google-owned YouTube has announced that the platform saw over 1.7 billion views on videos related to AI tools so far this year. The platform also introduced YouTube’s Music AI Incubator.…
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Microsoft ends production of Azure Kinect Developer Kit
San Francisco: Microsoft has announced its decision to end the production of Azure Kinect Developer Kit. “We have made the decision to end production of Azure Kinect Developer Kit, but this is…