Even as Amazon slows in India, Flipkart has started lending to customers, which could boost sales. According to its app, the Walmart-owned Bengaluru-based firm, in partnership with Axis Bank, is lending up to 500,000 Indian rupees, or $6,100. The app promises a smooth borrowing experience with no document submission and …
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Nearly 70 IT security and privacy academics have voiced concern that the UK’s Online Safety Bill could undermine strong encryption if it isn’t amended. In an open letter, 68 UK-affiliated security and privacy researchers warned the draft legislation threatens critical security technologies used to secure digital communications. We develop online …
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Reddit had a rough month after changing its data API. In the past month, Reddit’s CEO gave interviews defending the company’s decision, the social network fought with developers and moderators, and many subreddits went dark and protested. Since the API changes and rate limits went into effect on July 1, …
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Tech companies continue to pursue M&A and consolidation in a tight market. Startups, larger tech companies, and their partners are affected by this trend. HappyFunCorp, a product engineering firm that builds apps for Apple, Disney, Amazon, and Twitter, is being acquired by Canadian firm Tiny for $30 million. Tiny is …
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Elon Musk limited daily tweet reading over the weekend to prevent data scraping. This measure has affected all Twitter users, but TweetDeck users are reporting major issues, including notifications and columns not loading. Musk initially limited verified users to 6,000 daily posts and unverified users to 600. He raised these …
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Today, Meta introduced parental controls for Instagram, Facebook, and Messenger. This includes a new parental supervision hub in Messenger, pre-emptive blocking of unwanted DMs on Messenger and Instagram, and nudges to remind teens to take a break. The U.S., U.K., and Canada will get Meta’s Family Center’s messenger supervision controls …
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Adobe knows enterprise users worry about permissions for generative AI artwork. Adobe Firefly, the company’s generative AI art creation tool, generates copyright claims. The company specifically mentions enterprise customers in its clause statement: With Firefly, Adobe will also be offering enterprise customers an IP indemnity, which means that Adobe would …
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According to two sources, Apple has been in talks with NPCI to launch Apple Pay in South Asia, hoping to compete with Walmart’s PhonePe, Google’s GPay, and Paytm. People familiar with the matter said Apple is working on a localized version of Apple Pay that works with UPI, a popular …
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Inflection, a well-funded AI startup aiming to create “personal AI for everyone,” revealed the large language model powering its Pi conversational agent. Competition is good, but it’s hard to objectively and systematically assess these things’ quality. As measured by computing power used to train them, Inflection-1 is roughly GPT-3.5 (AKA …
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TikTok is testing a new in-app “Trendy Beat” shopping section that sells ByteDance products. The U.K. is testing the Financial Times-reported feature. Trending videos feature ear wax removal tools in the shopping section. On Thursday, the company told that the new e-commerce initiative is not being tested in the U.S., …
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