Author: News Desk

India has instructed technology companies to obtain its approval before publicly releasing artificial intelligence (AI) tools that are deemed “unreliable” or still in the testing phase. The tools should also be labelled to indicate their potential to provide incorrect answers to user queries, according to an advisory issued by the country’s IT ministry last Friday. The use of such tools, including generative AI, and their availability to Indian internet users must be authorized explicitly by the Government of India, the advisory stated. This move aligns with global efforts to establish regulations for AI, as India has been tightening regulations for…

Godrej Properties has finalized agreements to develop a significant township project in North Bengaluru, adopting a profit-sharing model. The projected booking value for this venture stands at approximately ₹5,000 crore. Situated across 62 acres in a prime area of North Bengaluru, the project will boast a saleable area of 5.6 million square feet, primarily comprising premium residential apartments of various configurations. Although the agreement for the sale of this land, encompassing the 62-acre parcel, was initially made in 2014, development couldn’t commence at that time. However, in recent months, the development opportunity on the land has materialized, and Godrej Properties…

A startup based in Massachusetts is gearing up to delve more than 12 miles into the Earth’s crust to tap into what experts describe as a “million-year energy source” beneath our feet. Quaise Energy, as detailed in a press release by BusinessWire, has secured $40 million to kickstart an ambitious geothermal project born out of research conducted at the Massachusetts Institute of Technology (MIT). If successfully realized, this venture could swiftly transform the global energy landscape with cleaner and virtually limitless power accessible worldwide. According to Quaise, the plan involves leveraging existing power plants, infrastructure, and skilled work crews to…

Karnataka Chief Minister Siddaramaiah has called for an urgent meeting of senior police officers following a blast incident that occurred at Rameshwaram Cafe in Bengaluru on Friday, March 1st. The cafe, a popular haunt often frequented by celebrities, was rocked by the explosion which left at least 10 people injured. According to PTI reports citing official sources, CCTV cameras installed at Rameshwaram Cafe and neighboring areas have captured images of the suspect’s movements. Authorities express confidence in the leads obtained from these images, indicating progress towards apprehending the culprit. Meanwhile, Karnataka Deputy Chief Minister DK Shivakumar, who visited the blast…

Rihanna stole the spotlight at Anant Ambani and Radhika Merchant’s pre-wedding festivities with a mesmerising performance. The global music sensation captivated the audience in Jamnagar with a stellar lineup of her chart-topping hits, turning the event into a memorable RiRi concert experience. Decked out in a striking fluorescent green bodycon outfit paired with a shimmering gown, Rihanna exuded glamour as she mingled with esteemed guests at the lavish celebration. Expressing gratitude to the Ambani family during her on-stage address, she extended warm wishes to the soon-to-be-married couple, Anant and Radhika, thanking them for the opportunity to be part of their…

Reliance Industries and Walt Disney have revealed plans for a merger of their India TV and streaming media assets, marking a significant collaboration in the entertainment industry. The joint venture (JV), valued at $8.5 billion, aims to deliver a comprehensive range of shows and sports content to users across India and beyond. Nita Ambani, a prominent figure in Reliance Industries, is set to take the helm of the merged entity as the chairperson of the board. Accompanying her is former top Disney executive Uday Shankar, who will serve as the vice chair. This leadership duo is poised to steer the…

Thomas Jordan, Chairman of the Swiss National Bank (SNB), has announced his early departure in September, three years ahead of schedule. His tenure has been marked by navigating crises such as Credit Suisse’s collapse and managing a surging Swiss franc. Jordan, who joined the SNB in 1997 and became chairman in 2012, believes it is the right time to step aside after overseeing one of the most tumultuous periods in the central bank’s 117-year history. Jordan reflects on his tenure, highlighting the absence of quiet periods since he joined the SNB’s board in 2007. From one crisis to another, he…

Google has removed apps belonging to Matrimony.com, Info Edge (Naukri and 99acres), Shaadi.com, Altt, Truly Madly, Stage, and others from its Play Store. The decision comes amidst a dispute over compliance with Google’s billing policy, with the tech giant asserting its right to charge for services rendered through the platform. The founders of these companies have expressed dismay at Google’s actions, labeling it as “a dark day for India.” They allege that Google is imposing its billing system and service fees on them in contravention of the 2022 antitrust order issued by the Indian competition regulator. Murugavel Janakiraman, Founder and…

Bill Gates, the co-founder and former CEO of Microsoft, recently embarked on a visit to India, stirring considerable online interest and discussion. Amidst his diverse activities during the visit, one particular engagement has captured the attention of many – a shared video on Instagram featuring Gates enjoying a cup of chai from the renowned social media personality, Dolly Chaiwala. Dolly Chaiwala, known for his distinctive method of preparing tea and creative content production, manages the dolly_ki_tapri_nagpur page on Instagram and operates a bustling tea stall. Achieving fame through his innovative approach, Dolly has become a local icon in Nagpur. The…

Passes is an innovative platform founded by entrepreneurial visionary Lucy Guo, aimed at transforming the landscape of content creator monetization. With a focus on sustainable income streams and direct earnings from exclusive content, Passes offers creators an innovative alternative to traditional social media monetization methods. Passes recently secured a significant $40 million Series A funding round, led by Bond and backed by prominent investors including Skims cofounders and Crossbeam Ventures. This funding follows a successful $9 million seed round, highlighting the tech community’s confidence in Guo’s vision and the platform’s potential for growth and success. At its core, Passes aims to empower…