Just over a week after Microsoft unveiled its new Bing search engine powered by the technology behind the ChatGPT artificial-intelligence chatbot, The Wall Street Journal reported that early testers were calling out mistakes and disturbing responses generated by the technology. Microsoft said that the search engine is still a work in progress, describing the past … Read more
At its recent iPhone 16 launch event, Apple also announced the new Watch Series 10 models along with a new colour option for the Watch Ultra 2, which also got a new Milanese loop band made from titanium. What we did not see was a new Apple Watch SE model (the brand’s affordable series), which … Read more
Despite its notorious volatility and lack of regulation, the crypto sector appears to be gaining traction within the global investment community. By December, software giant Microsoft is expected to finalise its stance on adding Bitcoin to its balance sheets. Currently, the company is inviting shareholder feedback to gauge support for exploring Bitcoin investments. This development … Read more
Shaktikanta Das, who assumed office as the 25th Governor of the Reserve Bank of India in December 2018, concluded his six-year tenure this week. In his farewell address, Das praised India’s tech-driven advancements in enhancing its financial ecosystem. He highlighted the introduction of the UPI payment system and the advanced trials of the eRupee CBDC … Read more
India’s cash incentives to boost domestic manufacturing have attracted over $17 billion (roughly Rs. 1,42,279 crore) of investment since the 2020 launch of the production-linked scheme, a government official said on Wednesday, amid efforts to reduce imports from China. The scheme, which offers four to six percent cash incentives on incremental sales to manufacturers, was launched across 14 sectors including electronics, pharmaceuticals, textiles and white goods. “The PLI … Read more
Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it needed to integrate advanced artificial intelligence into its Siri voice assistant, hurting iPhone sales and its stock price. The complaint covers shareholders who suffered potentially hundreds of billions of dollars of losses in … Read more