Ola to launch EV cab service; Microsoft to introduce ChatGPT into Bing; SBF pleads not guilty
Google accuses CCI of plagiarizing parts of EU ruling on Android misuse
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Let's now catch up on the latest news 👇
Sam Bankman-Fried pleads not guilty as trial date is set for October
Sam Bankman-Fried pleads not guilty to eight criminal counts, including conspiracies to commit securities fraud and commodities fraud.
A judge sets his trial to begin on October 2nd.
Google develops free anti-terrorism moderation tools for smaller websites
Google’s Jigsaw is creating a free tool to help smaller websites identify and remove extremist material.
The project is being built with the help of the UN-supported Tech Against Terrorism.
The Global Internet Forum to Counter Terrorism (founded by Google, Meta, Microsoft and Twitter) is providing a cross-service database of terrorist items.
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Apple increases the price of iPhone battery replacements by $20
Twitter reverses ban on political ads
Ashneer Grover alleges he was threatened at BharatPe AGM
Amazon secures $8 billion loan in anticipation of market headwinds
Amazon has secured an $8 billion loan from DBS Bank, Mizuho Bank, and others.
The loan will mature in 364 days (January 3, 2024) with an option to extend for another 364 days. The loan will be used for “general corporate purposes.
MeitY plans to regulate gaming for children
MeitY is looking to regulate gaming for children.
New rules include time limits and gaming company reports. Restrictions may be placed on in-game purchases.
Ola to launch electric vehicle cab service pilot in Bengaluru
Ola plans to launch a pilot of an electric vehicle cab service in Bengaluru. The pilot will include 1,000 cars.
Ola’s rival, Uber, has also recently started an electric vehicle cabs pilot in Delhi.
Domestic Crypto Trade Volume Worth Rs 32,000 Crore Moves to Foreign Exchanges
Domestic crypto trade volume worth Rs 32,000 crore has shifted to foreign exchanges.
The government introduced a 30% tax on income from transfer of virtual assets in last year’s Budget.
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NCLAT to hear Google’s appeal against CCI order this Wednesday
NCLAT to hear Google’s appeal against CCI order this Wednesday. A person familiar with the matter said Google was optimistic that the NCLAT will take into account the challenge Android stakeholders will face if a stay is not granted, pending the outcome of the appeal.
Google accuses CCI of plagiarizing parts of EU ruling on Android misuse
Google has accused the Competition Commission of India (CCI) of plagiarizing parts of the European Union’s order on Android abuse.
In October, CCI imposed a fine of $161 million on Alphabet Inc’s Google for exploiting its dominant position in online search and the Android app store.
RailTel partners with tech firm to generate revenue from Wi-Fi project at 6000 stations
RailTel ties up with tech firm to monetize Wi-Fi project at 6000 stations. Revenue will be generated from Wi-Fi footfalls in one of the world’s largest integrated public Wi-Fi networks.
Revenue will be generated through targeted advertisements and extending multimedia infotainment services for rail passengers.
Microsoft to introduce ChatGPT into Bing to compete with Google Search
ChatGPT has been suggested to replace traditional search engines.
Google is said to be alarmed by the technology.
According to a report, Microsoft is preparing to launch a version of Bing that uses AI from ChatGPT to answer search queries.