CEO Financial News
08.12 / 01:40
Digital
Citizens
Google
CEO
Platform
Experts
testing
Startups take to LLMs to bring GenAI smarts to Indian languages
AI in Indian languages with launches lined up in the coming months, but experts said it may take 3-5 years for India to have its own ChatGPT equivalent. Gurgaon-headquartered startup Soket Labs is eyeing the release of its foundation multilingual large language model (LLM) ‘Pragna’ by Q2 next year, founder and CEO Abhishek Upperwal told ET. A 7 billion parameter version of Pragna, trained on India’s 23 scheduled languages and English, will be released open source, followed by a 30 billion parameter model a few months thereafter, he said.
08.12 / 01:40
Provident
Digital
Booking
CEO
show
information
Unsecured loans in focus, fintechs see NBFC credit taps drying up
unsecured loans, industry executives said. This follows the central bank’s strictures in mid-November requiring financial institutions to increase risk weights, or capital outlay, for unsecured consumer loans by 25%.
08.12 / 00:09
IPO
CEO
President
Levi's CEO Chip Bergh to step down in January, handing over leadership to former CEO of Kohl's
Levi Strauss & Co. says that its CEO will step down in January and hand over the reins of the jeans maker to his appointed successor
07.12 / 23:53
Digital
CEO
Telegram
Tether
USDT
Platform
exclusive
Tether’s USDT
Russia’s Exved Launches Cross-Border Payment Service Powered By Tether’s USDT Stablecoin
Russian digital settlement exchange Exved has officially debuted with the goal of empowering local legal entities to conduct cross-border digital payment services using Tether’s USDT.
07.12 / 20:05
Provident
Manufacturing
CEO
Nestle
Loblaw
information
reports
Loblaw, Walmart face heat on what they are doing to stabilize food prices
Galen G. Weston says “we know we all need to do more to help” as he and the head of Walmart Canada appeared back to Ottawa to explain their plans to stabilize food prices.The appearance comes just hours after a new 2024 Food Price report from Canadian researchers suggested grocery prices are expected to rise next year, but not at the same pace as was seen in 2023 as inflation cools.The researchers estimate food prices will increase by 2.5 to 4.5 per cent in 2024.
07.12 / 19:47
Digital
CEO
Bill
President
voice
innovations
committee
House Committee Unanimously Passes Pro-Blockchain Bill
The House Committee on Energy has voted unanimously to approve a new piece of legislation entitled the “Deploying American Blockchains Act.”
07.12 / 18:57
BLOCK
Binance
Digital
Citizens
CEO
Nov
show
licence
Binance withdraws Abu Dhabi licence bid as crypto giant weighs structure
Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global structure as regulatory pressures mount. The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi's financial regulator, a spokesperson for Binance said on Thursday.
07.12 / 18:47
Progressive
CEO
Platform
Bitcoin
exclusive
innovations
While Bitcoin (BTC) Holds Firm above $43,000, The Graph (GRT) and InQubeta (QUBE) Prepare for Big Shifts
Within the constantly changing world of virtual currencies, Bitcoin is notable for its stability. Bitcoin has remained largely unaffected by recent market swings, with the best cryptocurrency holding firm currently trading above $43,000. A number of factors, such as institutional adoption, limited supply, and growing acceptance, have been identified by researchers as the reasons for this stability.
07.12 / 18:41
Binance
Digital
CEO
Platform
coinbase
VanEck
Binance Will Lose Dominance After Plea Deal: Head of Digital Assets Research at VanEck
Binance, the largest cryptocurrency exchange in the world, is expected to lose its leading position following the guilty plea to US charges and a record $4.3 billion penalty.
07.12 / 18:41
Provident
Maxim
CEO
Platform
recommendations
patient
reorganization
committee
ad
FTX Ad Hoc Committee Prepares Amended Reorganization Plans Set for December
The FTX 2.0 customer ad hoc committee of the now-defunct crypto exchange has received a response to the letter sent to its official arm.
07.12 / 18:41
Reuters
Progressive
SEC
CEO
Bitcoin
reports
SEC, Spot Bitcoin ETF Issuer Talks have “Advanced to Key Details:” Report
Discussions between the U.S. Securities and Exchange Commission (SEC) and hopeful spot Bitcoin ETF issuers have progressed to “key details,” according to a new report citing industry executives.
07.12 / 16:59
CEO
Action
Discover
CLAM
show
stars
shock
The recent OpenAI debacle showed us what humanity must stay wary of
OpenAI board must have been watching this episode when it suddenly and inexplicably decided to dismiss the company’s charismatic founder-CEO Sam Altman in a half-hour of frenzied activity. The reverberations felt around the planet were like an alien landing’s, as the tech world and journalists tried to make sense out of this unexpected ouster.
07.12 / 16:59
CEO
Platform
WhatsApp
Experts
Meta Ceo
social
reports
end
Meta makes end-to-end encryption a default on Facebook Messenger
Meta is rolling out end-to-end encryption for calls and messages across its Facebook and Messenger platforms, the company announced Thursday. Such encryption means that no one other than the sender and the recipient — not even Meta — can decipher people's messages. Encrypted chats, first introduced as an optional feature in Messenger in 2016, will now be the standard for all users going forward, according to Messenger head Loredana Crisan.
07.12 / 15:17
Extreme
CEO
Platform
Action
Fighting
Instagram
social
What charges did Sreesanth and Gautam Gambhir levy on each other as banter goes viral on social media
S Sreesanth on Thursday alleged that ex-India teammate Gautam Gambhir had called him a "fixer" during a match, and if evidence of misconduct is found against any player it would be "dealt with strictly". The two World Cup-winning players were involved in a heated exchange during an Eliminator match between LLC teams Indian Capitals and Gujarat Giants. The umpires had to intervene and separate the two players.
07.12 / 14:41
07.12 / 14:39
FIVE
CEO
Brookfield
Brookfield CEO sees a chance to buy properties overloaded with debt
Bruce Flatt has his eye on ways for Brookfield Asset Management Ltd. to scoop up premium properties that other owners loaded with too much debt.
07.12 / 14:35
Target
Google
CEO
Gemini
Nano
Inside
innovations
AI sentiment toward Google seen improving rapidly after Gemini launch; Shares gain
Alphabet (NASDAQ:GOOGL) stock is up more than 3% in early New York trading on Thursday following the release of Gemini, described as Google's «largest and most capable AI model» to date.
07.12 / 13:45
Target
Digital
CEO
JPMorgan
Compilation
McDonald’s
testing
Analysts raise targets on McDonald's stock after Investor Day, discuss CosMc's
McDonald's (MCD) announced that it is set to launch the inaugural CosMc's location in Bolingbrook, Illinois, this week.
07.12 / 13:45
07.12 / 13:45
Manufacturing
CEO
Strategy
Tesla
stage
country
Department
NOT
Tata Motors lobbies India not to lower EV import taxes as Tesla looms-sources
By Aditi Shah and Aditya Kalra
07.12 / 12:57
Provident
Fox
CEO
President
information
reports
GM requiring salaried workers return to office starting in January
In a speech in San Diego on Friday, President Biden said General Motors committed to going 'all electric by 3035.'
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