UPI linked to Singapore’s PayNow for fast transfers

India and Singapore on Tuesday linked their quick payment systems, Unified Payments Interface (UPI) and PayNow, easing the process of fund transfers between individuals in the two Asian nations. Initially, the UPI-PayNow link will feature only a handful of banks and can be used only for person-to-person transactions. Customers of State Bank of India, Indian … Read more

Tata Motors to induct 25,000 EVs into Uber’s premium service in India

Tata Motors on Monday signed a memorandum of understanding (MoU) with ride-hailing platform Uber to induct 25,000 XPRES-T electric vehicles into its premium category service in India. The collaboration represents the largest EV partnership yet between an automaker and a ridesharing platform in the country. In July 2021, Tata Motors launched the ‘XPRES’ brand exclusively … Read more

How Microsoft Bing and ChatGPT Are Lighting a Fire Under Google

It’s become clear, just over a week in, that Microsoft’s new ChatGPT-powered Bing has some problems. Users have had creepy, unsettling exchanges with Bing, resulting in Microsoft limiting some features. Win or lose, though, Microsoft Bing has successfully pushed Google towards much-needed innovation. Despite the hype, the launch of Microsoft’s grand entrance into the world … Read more

Meta launches subscription service priced at $11.99 a month

Meta Platforms on Sunday announced that it is testing a monthly subscription service, called Meta Verified, which will let users verify their accounts using a government ID and get a blue badge, as it looks to help content creators grow and build communities. The subscription bundle for Instagram and Facebook, to be launched later this … Read more

Sundar Pichai pushes Googlers to spend more time improving its Bard AI

Google CEO, Sundar Pichai has asked employees to spend 2 to 4 hours on improving Bard, Google’s recently-released AI chatbot, reported Business Insider (BI) citing a leaked company-wide email. Bard is the company’s AI chatbot that Google intends to integrate into search. The email indicates urgency in Google’s approach in order to win the next … Read more

Warren Buffett’s $3 Billion Investment in GE Stopped Massive Meltdown

Warren Buffett’s $3 billion investment in General Electric saved the company, a new book reveals. GE Capital faced a potential default and bankruptcy in 2008, Bill Cohan writes in “Power Failure.” Buffett’s cash and vote of confidence enabled GE to survive the financial crisis, Cohan reported. Warren Buffett plowed $3 billion into General Electric at … Read more

Is J&K’s lithium reserve a game changer in India’s adoption of EVs?

Discovery of 5.9 million tonnes of lithium reserve in Jammu and Kashmir’s Reasi District is a major step in reducing India’s dependence on import of EV batteries, laptops, mobile phones, etc. The reserves can help cater to India’s lithium demand for its growing EV industry. But one needs to look from a bird’s eye-view to … Read more