India’s Paytm to curtail low-value personal loans after cenbank clampdown

A smartphone with the Paytm logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights BENGALURU, Dec 6 (Reuters) – India’s Paytm (PAYT.NS) will issue fewer sub-50,000-rupee (about $600) personal loans, the digital payments firm said on Wednesday, weeks after the central bank tightened rules […]

India’s Ola Electric slashes sales targets ahead of planned IPO -document, sources

Ola electric scooters are seen outside the Ola Electric Service Centre, in Thane on the outskirts of Mumbai, India, October 25, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights Ola sees 2023-24 sales 66% lower than previous estimate-document Ola aims now to turn profitable a year later in 2024-25-document Targets “toned down” after govt incentive cuts-sources […]

Shanghai wants Microsoft to promote AI tech in city – govt

A Microsoft sign at the U.S. tech giant’s offices in Issy-les-Moulineaux, near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing Rights BEIJING, Dec 5 (Reuters) – Shanghai authorities told Microsoft’s (MSFT.O) visiting president on Tuesday they want his company to promote artificial intelligence technology to boost businesses there, the Chinese financial hub’s government […]

Exclusive: Apple warns India’s EU-style charger rules will hit local production target

[1/2]Apple iPhones are seen inside India’s first Apple retail store during a media preview, a day ahead of its launch in Mumbai, India, April 17, 2023. REUTERS/Francis Mascarenhas Acquire Licensing Rights Apple lobbies India to delay EU-like rule on common charger U.S. giant seeks more time in India beyond EU deadline Apple says production targets […]

Sweden’s Saab to study new submarine technology

The logo of Saab Technologies is displayed on the fifth day of the Dubai Air Show in Dubai, United Arab Emirates on November 21, 2019. Reuters/Christopher Pike/file photo obtain licensing rights COPENHAGEN, Dec 5 (Reuters) – Swedish defense group Saab (SAABb.ST) On Tuesday it said it had signed an agreement with the Swedish Defense Materiel […]

AI could judge if user is of porn-watching age under new UK guidance

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing Rights LONDON, Dec 5 (Reuters) – Britain proposed new age-check guidance on Tuesday to protect children from accessing pornography online, including a suggestion to use AI-based technology to see if a viewer looks to […]

AT&T bets on new technology to build US telecommunications network

The logo of AT&T is seen at a store in Golden, Colorado United States on July 25, 2017. Reuters/Rick Wilking/file photo obtain licensing rights STOCKHOLM, Dec 4 (Reuters) – AT&T (TN) It said Monday it plans to use so-called ORAN technology for 70% of its wireless network traffic in the United States by the end […]

10x Genomics sues rival Curio over gene-sequencing technology

A technician works with genome samples in a laboratory of biotech company Synogen, which specializes in dog cloning, on June 15, 2018 in Beijing, China. Photo taken on June 15, 2018. Reuters/Thomas Peter obtain licensing rights Summary companies law firm 10x says Curio’s Seeker kits infringe patents 10x won $31 million from rival NanoString in […]

Generative AI a stumbling block in EU legislation talks -sources

[1/2]Technology leaders attend a generative AI (Artificial Intelligence) meeting in San Francisco as the city is trying to position itself as the “AI capital of the world”, in California, U.S., June 29, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing Rights STOCKHOLM/BRUSSELS/LONDON, Dec 1 (Reuters) – EU lawmakers cannot agree on how to regulate systems like ChatGPT, […]

Netflix, Viacom18 among streaming firms set to oppose India broadcasting bill-sources

A billboard for the Netflix film “Thar” is seen on a street in Mumbai, India, May 19, 2022. Picture taken May 19, 2022. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing Rights NEW DELHI, Dec 1 (Reuters) – Netflix (NFLX.O), billionaire Mukesh Ambani’s Viacom18 and other streaming companies plan to collectively lobby the Indian government to delay or […]