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20 articles found

Stripe's Bold $53 Billion Bid for PayPal: What It Means Now
· · CoinDesk

Stripe's Bold $53 Billion Bid for PayPal: What It Means Now

The bid, made together with Advent, follows an earlier expression of interest. PayPal has been reluctant to engage with the offer thus far.

#stripe#paypal#fintech#digital payments#india market
Crypto prices Stabilize Amid Middle East Tensions, Inflation Data Reversal
· · CoinDesk

Crypto prices Stabilize Amid Middle East Tensions, Inflation Data Reversal

Bitcoin held steady at a three-week high as rising tensions between the U.S. and Iran reined in gains from Tuesday's softer-than-expected inflation numbers.

#crypto#bitcoin#us-inflation#middle-east-tensions#market-stability
· · The Block

Czech Authorities Crack Down on Polymarket, Citing Unlicensed Gambling Activities

The Czech Republic moved to block Polymarket, joining other European jurisdictions targeting prediction markets over unlicensed gambling.

#cryptocurrency#blockchain-regulation#polymarket#cryptocurrency-regulation#prediction-markets
Wipro Customers Leap from AI R&D to Full-Fledged Deployment
· · ET Tech

Wipro Customers Leap from AI R&D to Full-Fledged Deployment

Wipro's Rishad Premji noted clients are embedding AI into core business processes. This technological shift occurs as the IT sector focuses on cost optimization. AI is creating new opportunities for innovation and accelerating demand for data services. Wipro is deploying AI internally, reducing fina

#india-tech#ai-adoption#cost-optimization#it-industry#digital-transformation
Google Seeks Validation for Overturned $1.7 Billion EU Antitrust Penalty
· · ET Tech

Google Seeks Validation for Overturned $1.7 Billion EU Antitrust Penalty

Google urged Europe's top court to dismiss an EU antitrust appeal. Regulators challenged a lower court ruling which annulled a fine imposed on Google. The European Commission had accused Google of using restrictive clauses in publisher contracts. Google's lawyer argued the Commission's new arguments

#google#antitrust#eu-law#tech-giants#india-tech
Karnataka's Data Centre Policy Boosts AI Innovation in India
· · ET Tech

Karnataka's Data Centre Policy Boosts AI Innovation in India

Karnataka will soon unveil a comprehensive data centre policy to support AI infrastructure needs. This policy aims to create essential digital infrastructure for AI-led innovation and advanced computing. The state is also establishing India's first public sector-led AI University and an AI Hub. Beng

#data centre#ai#karnataka#digital infrastructure#india tech
· · The Block

Japan's Crypto Tax Reform: A Game Changer for Investors

The amendments establish the basis for separate crypto taxation at a rate of approximately 20%, down from the current maximum 55% rate.

#crypto#japan#tax reform#digital assets#india tech
Cabinet Greenlights Massive Rs 62,500 Crore Mobile Handset PLI Scheme Revamp
· · ET Tech

Cabinet Greenlights Massive Rs 62,500 Crore Mobile Handset PLI Scheme Revamp

Following a push to mobile phone production, India has emerged as the second-largest mobile manufacturer in the world. The mobile phone production in the country more than doubled to Rs. 5.5 lakh crores in FY 2024-25, from Rs. 2.14 lakh crores in FY 2019-20.

#india-tech#mobile-manufacturing#pli-scheme#government-funding#electronics-industry
Australia Unveils Ambitious AI Roadmap with Homegrown Flair
· · The Guardian Technology

Australia Unveils Ambitious AI Roadmap with Homegrown Flair

For months, artists and activists have been calling on the prime minister, Anthony Albanese, to act on the AI boom as datacentres pop up around the country. Today he made a major speech at the University of Sydney addressing copyright, the regulation of datacentres and the future of AI in Australia

#ai#anthony-albanese#australian-tech#artificial-intelligence#data-centres
· · The Block

US Treasury Sanctions Iranian Crypto Wallets, Freezes $130M

Treasury Secretary Scott Bessent says OFAC sanctioned multiple Iran-linked crypto wallets, freezing over $130 million.

#us treasury#iranian crypto wallets#crypto sanctions#blockchain regulation#india crypto market
Meta Layoffs: AI Raises Concerns for Indian Employees on Leave
· · ET Tech

Meta Layoffs: AI Raises Concerns for Indian Employees on Leave

Meta faces a lawsuit from twenty-six employees alleging AI selection for layoffs. These workers claim the company's systems unfairly targeted those on medical and family leave. The complaint states that AI did not account for protected leave periods. This process allegedly resulted in a disproportio

#meta#ai layoffs#india tech industry#employee rights#workforce management
Apple Leverages AI in China
· · ET Tech

Apple Leverages AI in China

Apple's new AI service, Apple Intelligence, has officially been registered with China's cyberspace regulator. This move is crucial for the tech giant to launch its advanced AI features within the Chinese market, navigating the country's strict internet regulations and ensuring compliance before wide

#apple#ai#china#india#machine learning
Kudankulam Nuclear Power Plant Data Breach: What You Need to Know
· · ET Tech

Kudankulam Nuclear Power Plant Data Breach: What You Need to Know

Indian businessman Anil Ambani's Reliance Group, one of the plant's contractors, told Reuters in a statement that there had been a "partial breach" of its data on a server hosted by third-party Indian data centre service provider Yotta, and that the government has been ‌informed about the incident.

#data breach#kudankulam#cybersecurity#india#critical infrastructure
UK to Launch Innovative G7 Digital Sovereign Bond by 2027
· · CoinDesk

UK to Launch Innovative G7 Digital Sovereign Bond by 2027

The security will launch on HSBC’s Orion platform within the BoE and FCA’s Digital Securities Sandbox to test reduced settlement times and costs.

#digital sovereign bond#blockchain finance#uk#india fintech#digital securities
Nigeria Strengthens Cybersecurity Laws Amid Rising Cybercrime
· · Dark Reading

Nigeria Strengthens Cybersecurity Laws Amid Rising Cybercrime

The West African country advanced rules to force organizations to disclose cyberattacks, joining other nations in a shift to mandated transparency.

#cybersecurity#nigeria#cybercrime#india#emerging markets
Bitcoin ETF Inflows Surge as Crypto Market Rebounds
· · CoinDesk

Bitcoin ETF Inflows Surge as Crypto Market Rebounds

U.S. spot bitcoin ETFs took in about $181 million on Tuesday, a day after shedding roughly $425 million, per SoSoValue data. Ether ETFs added about $58 million.

#bitcoin etfs#crypto market#investment trends#india crypto#etf inflows
· · The Block

Korea's National Asset Basic Act: New Crypto Regulations Explained

The Ministry of Finance and Economy said it will establish the 'National Asset Basic Act' to update the government's asset management system.

#crypto#south korea#regulation#blockchain#india crypto
L&T Tech Soars 6% as Q1 Profit Jumps 13%, Broker Targets Revised
· · ET Tech

L&T Tech Soars 6% as Q1 Profit Jumps 13%, Broker Targets Revised

L&T Technology Services reported a nearly 13% year-on-year net profit increase for Q1 FY26. Revenue from operations also saw an 11.5% rise during the same period. The company's shares rallied 6% following the announcement of these positive financial results. Nomura and Nuvama provided analyst views

#india-tech#ltts#q1-results#stock-market#tech-growth
Groww Reports 94% Profit Surge, Fueling Fintech Growth in India
· · ET Tech

Groww Reports 94% Profit Surge, Fueling Fintech Growth in India

Billionbrains Garage Ventures, Groww's parent, posted a Rs 735 crore net profit. This marks a substantial 94.44% year-on-year increase in earnings. Groww's revenue from operations also saw a sharp 66% rise. The company's revenue reached Rs 1,504 crore in the first quarter. Net profit grew seven perc

#groww#fintech#india#investment#digital finance
AI Companions: The Rising Trend Among Indians Abroad
· · ET Tech

AI Companions: The Rising Trend Among Indians Abroad

China implemented new rules on Wednesday to limit emotional reliance on AI companions. Major AI providers suspended custom agent and companion features before the deadline. These regulations target AI tools with human-like personalities and communication styles. That sparked an outpouring of grief o

#ai companions#india tech#emotional ai#ai market trends#india-specific

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