Digital – Page 10 – storyboard18

MeitY to release draft DPDP rules for public consultation after Budget session

The drafting of these rules has been completed and they will soon be available for public comment.

Google loses antitrust case; US judge rules Google illegally held monopoly in search, text advertising

This is one of three significant fines levied on the company in the past decade. (Representative Image: via Unsplash)

The ruling marks the first anti-monopoly decision against a tech company in decades. Google said the company would appeal the ruling.

The Complexity and Impact of AI: Towards a multi-stakeholder approach to AI governance

(Image: nguyen-dang-hoang-nhu via Unsplash)

A global conversation has emerged around the concept of “responsible AI,” emphasizing the need for development and deployment that prioritizes human well-being and societal values, writes tech policy expert Kazim Rizvi.

Infibeam Avenues to acquire majority stake in Rediff; Ajit Balakrishnan to continue as an advisor to the firm

Infibeam Avenues said that Rediff’s user base offers fertile ground for cross-selling financial products using artificial intelligence such as loans, insurance, and investment products. (Image source: X and Facebook)

The Rediff acquisition will allow the payments infrastructure firm to diversify its offerings and increase user engagement, Infibeam stated.

Don’t expect advertising to be a primary driver of revenue growth in 2024 or 2025: Netflix

The EOW has summoned executives from Los Gatos Production Services India for questioning and is conducting a thorough investigation.

The near term challenge (and medium term opportunity) is that Netflix is scaling faster than its ability to monetize the growing ad inventory.

India’s customer experience crisis: $55 billion lost due to poor service

Indians are becoming less patient and increasingly frustrated with losing time on slow customer services by companies. (Photo: Unsplash)

A ServiceNow survey revealed that at least 90% of individuals in India have had to spend time trying to resolve an issue or complaint with organizations in the Telecommunications (92%), Retail & E-commerce (90%), and Financial Services industries (90%).

The Paris Olympics opener attracts 28.6 mn US viewers

The growth in the sponsorship and brand deals has been significant since the Tokyo Olympics 2020, which took place in 2021 due to COVID-19 pandemic. (Image source: Unsplash)

It is the most watched start as compared to 40.7 million watched during the London 2012 Olympics opener, and 26.5 million viewers at The Rio de Janeiro 2016 Games ceremony.

HCLTech targets training 50,000 people on Gen AI and AI skills

HCLTech's focus is on data AI, Gen AI developer skilling across the stack with a special focus to create a cohort of data and AI principals.

HCLTech chief C. Vijayakumar said they continue to see a lot of AI and GenAI-related opportunities.

Epic Games CEO to fight against Apple’s app store policies

The new Digital Markets Act in Europe allowed Epic to launch its own Epic Games Store on iOS and to bring Fortnite back to the platform with reduced commissions to Apple.

Epic has been fighting Apple for years over the company’s revenue-sharing requirements in the App Store. While Epic’s antitrust lawsuit against Apple was defeated last year, many of its criticisms were echoed in a different lawsuit filed against Apple in March by the Department of Justice and 17 state attorneys general.

Tech leaders write open letter to UN over global digital compact

The latest draft of the GDC will undergo review this week by UN representatives in New York.

The Global Digital Compact aims to establish a framework for global digital cooperation, define principles for an open, free, and secure digital future, and accelerate progress on the UN’s Sustainable Development Goals.