The Economic Time
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US newspapers sue OpenAI for copyright infringement over AI training
New York Daily News, Chicago Tribune, MediaNews Group sue Microsoft, OpenAI for misusing reporters' work. Lawsuit includes Copilot, alleges copying...
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HC asks Ashneer Grover not to create third party rights in shares transferred by BharatPe cofounder
Delhi High Court restrains Ashneer Grover from transferring shares to prevent irreparable loss to Bhavik Koladiya. The legal battle involves claims...
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ED seizes Rs 90 crore funds kept in Binance, ZebPay, WazirX wallets
Enforcement Directorate seized Rs 90 crore from cryptocurrency wallets in a money laundering probe connected to the 'E-Nugget' online gaming scam,...
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Influencer marketing firm vHub.ai raises funding from Z21 Ventures, others
vHub.ai secured undisclosed funding to enhance AI technologies for influencer discovery, brand-influencer connections, audience understanding, and...
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Capgemini Q1 FY24 revenues drops 3.5%, offshore headcount dips
The revenues in Q1 of FY23 stood at €5.73 billion ($5.92 billion). On a constant currency basis, revenue declined 3.3%. Capgemini follows January...
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Early stage VC IvyCap Ventures announces final close of third fund at Rs 2,100 crore
The fund is allocating a significant portion of its third fund to invest in around 25 early-stage startups. These initial investments will...
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FirstCry refiles IPO papers, reports December revenue at Rs 4,841 crore
FirstCry’s IPO size will be the same, as per the IPO papers. It intends to raise $218 million (about Rs 1,815 crore) in primary funding through...
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Google lays off employees from key teams ahead of developer conference: report
Layoffs at Google's Flutter, Dart and Python teams come weeks after the tech giant terminated staff from its real estate and finance teams as well....
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Paytm Payments Bank’s wallet business in slow lane; Tribe Capital’s India play
Happy Tuesday! Regulatory actions have crippled Paytm Payments Bank's mobile wallet business. This and more in today’s ETtech Morning Dispatch.
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Axel Springer to migrate some cloud applications to Microsoft's Azure
Axel Springer partners with Microsoft Azure for AI migration, expanding with AI chat experience. Monetizes through Microsoft Advertising. Brands...