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Bitcoin trades below $63,000 despite softer inflation concerns after US CPI dataBitcoin dipped below $63,000 despite in-line CPI data, trading at $62,740. Major altcoins saw mixed movements, with some gaining up to 3% w...
Are mutual fund investors losing interest in gold ETFs and multi asset allocation funds?Gold ETFs and multi-asset allocation funds experienced a moderation in investor inflows last month, with gold ETFs seeing a net outflow of ...
Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
From Australia to Europe, countries move to curb children's social media accessNations worldwide are enacting strict rules for social media access by children. Australia has banned platforms for those under 16. Britain...
Epstein accusers face relentless harassment; threats and intimidation escalate after identities exposed in Justice Department filesVictims of Jeffrey Epstein face severe threats and harassment. Their identities were exposed in government files, leading to online abuse a...
Gold and silver ETFs slip up to 8% amid Israel attack and crude oil spike. What should investors do?Gold and silver ETFs declined sharply on Monday as precious metal prices corrected on the MCX amid rising crude oil prices, inflation conce...
Silicon Valley’s South Park Commons ramps up India deeptech pushSouth Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semic...
ET Alpha Wealth Summit: Markets are best played by optimists, says Samir Arora on India's investment outlookHelios Capital founder Samir Arora believes investor pessimism toward India is driven more by a “negative halo effect” than weakening funda...
Malaysia Bans Under-16s From Social Media: New Age Verification Rules EnforcedMalaysia has begun enforcing new rules. Children under 16 are now banned from social media accounts. Platforms must implement age verificat...
Operation Octopus: Trapping the tentacles of India’s cyber fraud networkAmidst the alarming increase in cyber scams, the Hyderabad Police have initiated Operation Octopus, a mission aimed at dismantling the enti...
Meta tool to track employee mouse clicks on collision course with EU privacy rulesMeta's AI training tool, Model Capability Initiative (MCI), is reportedly capturing extensive U.S. employee computer usage, including non-U...
AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
ETtech Explainer: Everything to know about Meta’s Forum and Instants appsForum is Facebook Groups reimagined as a Reddit-style discussion platform with AI-powered search and recommendations, while Instants turns ...
Meta lays out plans for May 20 layoffs, restructuring; closes 6,000 open rolesMeta Platforms is cutting jobs and reorganizing teams to boost its artificial intelligence capabilities. Thousands of employees will be mov...
Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
Big Tech turns to Sesame Street, Girl Scouts to deflect scrutiny over kids' screen timeTech giants Meta and Google funded trusted children's brands to teach responsible tech use. This occurred even as their apps were designed ...
South Korea official floats AI profit social tax as tech giants boomA top South Korean official has proposed a tax on AI profits to be redistributed among society as a semiconductor boom drives massive earni...
US AI infra company Alpha Compute expands service to IndiaUS-listed Alpha Compute is expanding its confidential GPU-as-a-service offering in India, partnering with local data centers. Driven by dem...
Netflix sued by Texas for allegedly spying on children, addicting usersTexas has sued Netflix. The state attorney general claims the streaming giant spied on children and consumers. Netflix allegedly collected ...