US and India talk cyber training, defensive AI Expanding joint cyber training and exercises featured in the fourth 2+2 ministerial dialogue between US and India. The four leaders also agreed to launch an inaugural Defense Artificial Intelligence Dialogue, according to a press release. Cloudtail terminates contracts with bunch of vendors: Report Once the largest seller on Amazon in India, Cloudtail has informed its vendors that it will be terminating their contracts, according to an Economic Times report. The company is in the midst of pulling its product listings from the Amazon marketplace; meanwhile, the small-scale vendors are worried about how this will affect them. Cloudtail's downspiral began when it became the centre of accusations levied against Amazon that it was meting out preferential treatment to certain sellers. Read: Who Will Fill The Void Left By Cloudtail On Amazon? Layoffs at Meesho post restructuring of grocery vertical Meesho has fired 150 employees primarily from its online grocery division, Entrackr reported. This comes a week after the social commerce platform moved to integrate SuperStore (formerly known as Farmiso) with its main app. Lenskart raises $100 million in new round of funding In its latest financing round, eyewear retail chain Lenskart raised $100 million (Rs 760 crores) from Alpha Wave Incubation (Previously Falcon Edge), according to an Entrackr report. THe Softbank-backed startup raised these funds at a valuation of $4.3 billion, the report estimated, with more financing to come. UPI transaction value up by 19.6% in March The transaction value on the Unified…
- Government Departments Have Initiated Efforts to Standardise Rules For Use of AI: IT Ministry in Parliament December 8, 2023
- Bombay HC Stays Criminal Proceedings Against Photographer Whose Photos Were Uploaded to “Objectionable” Sites by Unknown Persons December 8, 2023
- Over 20 GAC orders sent to Meta and WhatsApp in October, show transparency reports December 7, 2023
- 28 crypto companies have registered with the Financial Intelligence Unit: Ministry of Finance says December 7, 2023
- Big Tech Companies’ Representatives Debate the varying approaches to AI regulation at Carnegie India Summit December 7, 2023
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