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Microsoft is closing the gap on cloud-computing market leader Amazon.com as more businesses switch to its services, attracted by a clutch of generative AI features that are powered by OpenAI's technology. The Redmond, Washington-based software giant has beaten rivals Amazon and Google-parent Alphabet to the market with AI services including the Copilot, a set of genAI tools that work in Microsoft's business apps, that was rolled out in November for $30 a month.

Crypto custodian Fireblocks announced on Wednesday that it has launched its dApp Protection and Transaction Simulation products, which will help protect institutions from run-ins with scammers in decentralized finance (DeFi).

Biden administration on Wednesday issued new rules that require airlines to provide automatic cash refunds to passengers when owed and protect consumers from costly surprise fees. «Too often, airlines drag their feet on refunds or rip folks off with junk fees. It is time Americans got a better deal. Today, my administration is requiring that airlines provide automatic refunds to passengers when they are owed and protect them from surprise fees,» Biden said in a video statement. «This is about airlines treating passengers better and it will save people more than half-a-billion dollars, avoiding unwanted, expensive, unnecessary surprise airline fees,» said Transportation Secretary Pete Buttigieg.

Bajaj Finance, Nestle, Tech Mahindra, IndusInd Bank, Axis Bank, HUL, Kotak Bank among others will be in focus due to various related developments or quarterly earnings. Bajaj Finance, Nestle, Tech Mahindra, IndusInd Bank Shares of Bajaj Finance, Nestle, Tech Mahindra and IndusInd Bank will be in focus as the companies will announce their quarterly results later in the day.

database company MongoDB sees a “great opportunity” in India as large banks, airlines and financial services companies here launch AI business models, a top company executive said. Valued at about $30 billion, MongoDB counts Tata Digital, Tata AIG, Canara HSBC Life Insurance, Zomato, Devnagri, Ambee, Inovaare and Observe.AI among its key clients.

Vanilla, a leading estate planning software provider, has enhanced a key piece of its platform to provide a better experience for advisor users.

By Mary Teresa Bitti

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Southwest Airlines flight attendants have ratified a new contract that will boost their pay by about one-third over four years

The Democratic governor in Kansas has vetoed a broad package of tax cuts for the second time in three months

Iran was now able to share its knowledge with others, currently having projects in 20 countries. The Uma Oya project, in the central Badulla district, was constructed with Iranian technical assistance.

JioCinema is set to disrupt India's subscription video-on-demand (SVOD) market with one of the industry's lowest pricing plans for premium content. Beginning April 25, JioCinema Premium will offer Indian and Hollywood entertainment content at an introductory tariff of ₹29/month for a single device and ₹89/month for up to four devices, the company said. This comes close on heels of success of its free strategy in the advertising VOD space. Live sports and catch-up broadcast content will continue to be available for free, the company said, adding that JioCinema, like other broadcast-owned OTT (over-the-top) platforms, will use a hybrid monetisation strategy. The new pricing is a significant drop from its ₹999/year and ₹99/month plans, which offered only Hollywood content. Unlike the existing plans, the new plans will be ad-free, the company said.

BlackRock has officially launched a new product to help American workers take on the all-encompassing problem of retirement security.

Iranian President Ebrahim Raisi says his country has proven the West doesn’t have a monopoly on technology while inaugurating a hydropower and irrigation project in Sri Lanka

British competition regulators say they’ll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry

The Biden administration is setting new rules on airline fees and refunds

Rajasthan was as colourful as the traditional nine-metre long saafa. Leading from the front in providing colour and entertainment at public meetings was Rajasthan Congress president Govind Singh Dotasra, a Jat leader hailing from Sikar. Dotasra became a sensation as he danced with gay abandon on stage in all his meetings, sometimes even twirling a saafa above his head to match the drum beats. His dances became the talk of the town. So much that youth icon and Sheo MLA Ravindra Singh Bhati remarked that probably Dotasra should speak on important issues rather than dancing like this. But that didn't deter Dotasra. If at all, the remark appeared to have added some more zest to his performances. But Dotasra insists he has «never danced really». «It started when I was filing my nomination for assembly elections,» he told ET. «Traditional songs dedicated to Teja ji (local deity of the Jat community) were being played and some people started dancing. I joined them and then later wherever I would go people demanded I dance. Janta is our mai-baap. We represent them and we should do what they demand.»

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spot bitcoin and ether exchange traded funds aim to start trading on April 30, three asset managers that provide the products said on Wednesday. The financial hub is set to be Asia's first to accept cryptocurrency products as a mainstream investment tool, and the products have also received official regulatory approval from the Securities and Futures Commission, according to the Hong Kong markets watchdog's website.

56 candidates achieved the perfect 100 NTA score in the engineering entrance exam JEE-Main, maximum from Telangana, says National Testing Agency.

FPIs continue buying cyclicals like capital goods, auto stocks while selling defensives in April Kamath also reposted a message from Sensibull, an options trading platform owned by Zerodha, aimed at assisting traders in grasping the concept of spreads. Here is a brief overview of its post - One significant benefit of employing these strategies lies in the containment of losses. Irrespective of market volatility or unforeseen circumstances like circuit breakers or geopolitical unrest, losses are restricted to a predetermined level.