Paul Atkins, the chair of the Securities and Exchange Commission In...
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Markel launches first-of-its-kind affirmative cyber product for collateral war cover
Chris Burgess, Director of Cyber at Markel International,...
Google facing at least €12 Billion in civil claims across Europe
The civil suits are linked to a 2017 decision by the European...
Elon Musk says he will launch rival to Microsoft-backed ChatGPT
The move came even after Musk and a group of artificial intelligence experts and industry executives called for a six-month pause in developing systems more powerful than OpenAI’s newly launched GPT-4, citing potential risks to society SAN FRANCISCO: Billionaire Elon...
Nine more US states join federal lawsuit against Google over ad tech
The government, which filed the ad tech lawsuit in January along with eight states, had argued that Google should be forced to sell its ad manager suite because it illegally abused its dominance of online advertising The Justice Department’s ad tech lawsuit followed a...
U.S. SEC sees decentralized crypto platforms as exchanges, seeks public input
The SEC voted 3-2 to take additional comments from the public after crypto firms criticized the plan as vague and aimed at roping in decentralized finance platforms, also known as DeFi platforms that would otherwise not be subject to the regulator’s oversight...
Electric two-wheeler sales in India rise over two-and-half fold to 8,46,976 units in FY23: SMEV
"In the electric two-wheeler segment, the industry sold 7,26,976 high-speed E2W (top speed more than 25km/hr) in FY 2023," it added. In 2021-22, sales of low-speed e-scooters were at 75,457 units, while those of high-speed e-scooters were at 2,52,443 units. SMEV said,...
Smartwatches might predict whether there’s higher risk of heart failure
Lead author Dr Michele Orini (UCL Institute of Cardiovascular Science) said: "Our study suggests that ECGs from consumer-grade wearable devices may help with detecting and preventing future heart disease Heart failure is a situation where the heart pump is weakened....
No sweeping power or a draconian move: MoS IT on govt’s fact-checking unit
Rajeev Chandrasekhar,Union Minister of State for Electronics and IT Replying to a tweet from Independent MP Kapil Sibal, Union Minister of State for Electronics and IT, Rajeev Chandrasekhar said that the new IT rules "already provide for social media platforms to...
RBI to set up portal to search across multiple banks for unclaimed deposits
About Rs 35,000 crore unclaimed deposits as of February 2023 were transferred to RBI by public sector banks (PSBs) in respect of deposits which were not operated for 10 years or more Mumbai: The Reserve Bank on Thursday announced to set up a centralised portal to...
Sequoia Capital’s $8.5m funding for a startup improving fleet driver behaviors with telematics
It's a marketplace worth $76B today and set to grow to $214B in the next 6 years. LightMetrics is powering the global vehicle telematics industry with intelligent video capabilities as revenues grow 3x while customer numbers cross 2,500 fleets globally. Their flagship...
Howden accelerates growth in the Gulf with the establishment of Howden Bahrain
Dalal Buhejji, Executive Director of Business Development for Financial Services at the Bahrain Economic Development Board, said: “In line with the Financial Services Sector Development Strategy under the Kingdom’s Economic Recovery Plan which outlines an overall...
Kotak General Insurance partners with actyv.ai for providing MSME cover
Mumbai: Kotak Mahindra General Insurance (Kotak General Insurance) on Wednesday has partnered with actyv.ai to offer bite-sized insurance products to new-age Micro,Small and Medium Enterprises (MSME) companies. Jagjeet Singh Siddhu, Head of Multiline Business, Kotak...