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Principles written almost 500 years ago by Niccolò Machiavelli — author of the controversial political work The Prince — are the solution to solving decentralized governance issues in autonomous organizations, according to a blog post by venture capital firm Andreessen Horowitz (a16z). 

The firm behind stablecoin Tether (USDT) has invested an undisclosed amount into German-based crypto miner Northern Data Group in a move backing artificial intelligence (AI) initiatives.

MUMBAI : Indian stocks extended their decline to a third straight day, dropping nearly 1% following the US Federal Reserve’s hawkish stance on interest rates. The expectation of prolonged elevated rates in the US has deepened concerns about a global slowdown, making equity markets jittery worldwide. The National Stock Exchange’s benchmark Nifty index, which has lost 1.45% in the past two sessions, ended 0.8% lower at 19,742.35 on Thursday.

Neuralink’s brain-computer interface is based on a tiny chip that will be surgically implanted in the brain. This chip will be implanted in an area of the brain that controls neural impulses for movement. Once inserted, this chip will read and wirelessly transmit the brain’s impulses to an app placed in front of the patient, which will produce outputs based on a user’s thoughts.

US retailer Walmart has joined the ranks of corporates seeking to capitalize on the popularity of metaverse platforms like Roblox, but the strategy is being criticized for being aimed at children.

Indian Navy, US aerospace manufacturer Boeing has said that the expanded fleet will result in an economic impact of $1.5 billion to the domestic industry in the next decade. The Indian Navy currently operates a fleet of 12 P8I aircraft that are tasked with carrying out long-range maritime patrols in areas of interest extending from the Gulf of Aden to the Sunda strait in Indonesia. The aircraft, equipped with anti-submarine warfare as well as the capability to attack surface ships, are often used in coordination with friendly navies like the US and Australia. Top Boeing executives said that talks are on with the Indian Navy to extend the fleet to 18 aircraft, with additional features. “Boeing has already generated a substantial economic impact amounting to $1.7 billion to support the current P8I aircraft fleet in service with the Indian Navy. We see an expanded fleet bringing in another $1.5 billion,” Dan Gillian, vice president, Boeing Defence said. The US-based company said that it is looking to create more partnerships in India to add value to its global programs, and several Indian companies are now an active part of its international supply chain. “As we respond to the Indian Navy's need for more P8I aircraft, we're actively looking to enhance engineering, manufacturing, and sustainment capabilities in India, for India, and the world, benefiting both Indian and global customers,” Salil Gupte, president of Boeing India said.

Antim Panghal, India's next big star, has earned India's first wrestling quota for the Paris Olympics by virtue of winning a bronze at the world championship Belgrade. She defeated two-time European Champion Emma Malmgren of Sweden by technical superiority with a 16-6 score Friday in the women's 53kg women's freestyle wrestling . The world championship offered five quota places in each weight category for men and women. With this, India has so far grabbed 16 quota including eight direct qualification in athletics and seven quota places in shooting sports. In shooting and wrestling, the quota is earned for the country which the sportsperson represents. In Belgrade, Indian wrestlers however participated as neutral athletes as United World Wrestling suspended Wrestling Federation of India due to a delay in conducting elections. However, it is expected that an election will be held well before the Paris Olympics, which will begin on July 26, 2024.

National Investigation Agency on Thursday released pictures of 10 accused and sought information about them from the public. Once the perpetrators are identified, look out notices will be issued against them, said officials. According to the NIA, the case was registered after an attack on the Indian consulate in the US city during the intervening night of March 18-19 when some pro-Khalistan entities allegedly trespassed into the consulate and tried to burn it down. The same day, Khalistani supporters, raising slogans, had broken through the makeshift security barriers raised by the San Francisco Police and put up two so-called Khalistani flags on the consulate premises, damaged the building and assaulted and injured the officials, said an NIA in a statement. On the July 1-2 night, some accused persons trespassed into the consulate and attempted to set it on fire while officials were inside the building, it said. The NIA initiated a probe into the matter after registering a case on June 16 under various sections of the Indian Penal Code, Unlawful Activities (Prevention) Act and the Prevention of Damage to Public Property Act.

Andy Murray returned to China for the first time in four years and won his first-round match at the Zhuhai Championships on Thursday. He thrashed local wild card Mo Ye Cong 7-5, 6-3. It was Andy Murray's fifth tour title in China and the first since the Beijing Open in 2016. The seventh-seeded British player overpowered his 23-year-old opponent in the second set to take the match in 1 hour and 42 minutes.

MUMBAI : Nirma Ltd has agreed to buy 75% of Glenmark Life Sciences Ltd for ₹5,651.5 crore in a deal that values the latter at ₹7,535.4 crore. Mint reported first on 15 August that the cement-to-detergent maker was the sole bidder for the stake put on the block by parent Glenmark Pharmaceuticals Ltd, which is selling shares to Nirma at ₹615 apiece. Glenmark Pharma will continue to own 7.84% of Glenmark Life Sciences.

(Reuters) — Many U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1. Workers deemed «essential» would remain on the job, but without pay.

The Biden administration says it’s granting temporary legal status to hundreds of thousands of Venezuelans already in the country

For the first time in a century, a private passenger rail service will launch new operations in the U.S. and this time it involves high-speed trains

U.S. applications for unemployment benefits fell to their lowest level in eight months last week as the labor market continues to show strength in the face of elevated interest rates

The average long-term U.S. mortgage rate edged up again this week, another setback for would-be homebuyers navigating an increasingly less affordable housing market

A coalition of 25 governors and the Biden administration are set to announce a pledge Thursday morning to quadruple the number of heat pumps in U.S. homes by 2030

The Bank of England has paused nearly two years of interest rate increases after a surprising fall in U.K. inflation eased concerns about the pace of price rises

South Africa will host a meeting of nations participating in the U.S. Africa Growth and Opportunity Act despite earlier calls to exclude the country from the forum due to its ties to Russia and the docking of a sanctioned Russian vessel near Cape Town ...

WWE’s popular television show, “Friday Night Smackdown,” will be moving from Fox to USA Network next year under a new five-year domestic media rights partnership with NBCUniversal

Corporate profits may have already hit bottom: After falling for much of the last year, S&P 500 companies are expected to report 0.2% profit growth for the summer

Rupert Murdoch is stepping down as leader of both Fox’s parent company and his News Corp. media holdings