Amazon doubles down on AI startup Anthropic with another $4 billion
Flipkart co-founder Binny Bansal has stepped down from Indian fintech PhonePe’s board of directors, three quarters after making a similar move at the e-commerce giant. Bengaluru-headquartered PhonePe said it had appointed Manish Sabharwal, an executive at staffing and HR firm Teamlease, as an independent director and audit committee chair…
John Ottman opines on cloud data management, blockchain, cybersecurity & internet freedom. Chairman, Solix Technologies, Inc . & Minds, Inc. Everyone remembers the first time they experienced generative AI (GenAI). According to OpenAI, ChatGPT reached 1 million users just five days after its launch in November 2022. What a spectacular technology solution to improve lives
Share to FacebookShare to TwitterShare to LinkedinJoe Kiani, Founder and ex-CEO of Masimo. Ramsey Cardy/Sportsfile via Getty Images Amid ongoing lawsuits between health technology company Masimo and its recently ousted billionaire ex-CEO Joe Kiani, shareholder RTW Investments was dragged into the fight but for the first time is breaking its silence. In a new filing…
Share to FacebookShare to TwitterShare to LinkedinGoogle CEO Sundar Pichai Getty Images Late on Wednesday, the U.S. Department of Justice filed sweeping proposals for remedies in Google’s landmark antitrust case, where a federal judge ruled earlier this year that it has an illegal monopoly in the online search market. Among the marquee requests: Forcing Google…
Share to FacebookShare to TwitterShare to LinkedinCLN KraneShares Key News Asian equities were mostly lower overnight following a flat session on Wall Street that saw “Magnificent 7” names hit with profit taking. This was despite a pullback in the US dollar’s strength versus local currencies. Potential Russia-Ukraine escalation also weighed on markets overnight. Mainland China…
Stocks are on pace for a modestly weekly gain, but investor risk appetite is facing late-year headwinds…
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American Airlines has a new tactic for shaming boarding line cutters: A loud beeper. CNBC reports that the airline is rolling out a system that emits two loud beeps when a traveler tries to get on an airplane before their boarding group is called. As of Wednesday…
The U.K. is set to create an all-encompassing regulatory framework to govern the crypto sector in early 2025. Speaking on Thursday at the Tokenisation Summit in London, economic secretary to the treasury Tulip Siddiq confirmed that the new rules would include cryptocurrency and stablecoins, which are pegged against a more stable asset such as a…
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