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Chinese influence, loan-collection practices reasons for India’s crackdown on lending firms

Chinese influence, loan-collection practices reasons for India’s crackdown on lending firms

India’s push to ban over 90 lending apps has sent shockwaves to the fintech industry as many scramble to understand why they have been impacted. The Ministry of Electronics and IT’s move is reportedly aimed at protecting the nation’s integrity and curb China’s influence in the South Asian market, the state-owned broadcaster Prasar Bharti said…

New AI wars begin as Microsoft announces ChatGPT integration with Bing and Edge

New AI wars begin as Microsoft announces ChatGPT integration with Bing and Edge

Share to FacebookShare to TwitterShare to LinkedinSatya Nadella, Microsoft, CEO, photographed for Forbes in November 2018 by Jamel Toppin. Jamel Toppin/The Forbes Collection Microsoft fired the opening salvo of Big Tech’s generative AI arms race Tuesday with an announcement that it’s applying the technology to its search engine and web browser. “It’s a new day…