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TOKYO—Japan’s largest telecommunications company and the country’s biggest newspaper called for speedy legislation to restrain generative artificial intelligence, saying democracy and social order could collapse if AI is left unchecked. Nippon Telegraph and Telephone, or NTT, and Yomiuri Shimbun Group Holdings made the proposal in an AI manifesto to be released Monday. Combined with a law passed in March by the European Parliament restricting some uses of AI, the manifesto points to rising concern among American allies about the AI programs U.S.-based companies have been at the forefront of developing.

Mark Hoplamazian, President & CEO, Hyatt Hotels Corp, says “growth has been led by leisure travel and mostly domestic leisure travel. And the difference between the amount of money spent on domestically leisure travel versus inbound leisure travel is something like seven to one.” It has been a couple of years that you have not visited India. How has been the mood like at HICSA 2024? What has been your reading? How is it different from, let us say, a couple of years to now? Mark Hoplamazian: I think the difference really is that a lot of the questions that were present two years ago with respect to Covid recovery, are now answered. Secondly, the performance has been so extraordinary that it is plain to see and obvious to everyone.

One letter to a newly admitted Vanderbilt University engineering student showed an all-in price — room, board, personal expenses, a high-octane laptop — of $98,426. A student making three trips home to Los Angeles or London from the Nashville, Tennessee, campus during the year could hit six figures. This eye-popping sum is an anomaly. Only a tiny fraction of college-going students will pay anything close to this anytime soon, and about 35% of Vanderbilt students — those who get neither need-based nor merit aid — pay the full list price.

Operating margins, too, are lowest among peers. And the change comes at a time when clients are in no mood to ramp up big budget transformation deals.

consumer brands — from packaged foods and liquor to personal care — are turning top draws for investors, with a dozen raising funds from large private equity (PE) and venture capital (VC) firms in the past three to four months. More such deals are in the works, signalling that these companies could be serious competition for larger players amid the post-Covid resurgence, executives said.

Elon Musk after the mogul criticized the magistrate and accused him of censorship for blocking social media accounts suspected of spreading disinformation. In an order seen by AFP, judge Alexandre de Moraes accused the owner of X of «criminal instrumentalisation» of the platform.

Indonesia, following its recently concluded elections, wants to usher in new socio-economic initiatives under President-elect Prabowo and has approached India to adopt best practices in mid-day meal scheme and digital inclusion. Notwithstanding the Ramadan period and election process in India, Mochammad Firman Hidayat, Deputy Coordinating Minister of Maritime Resources, Coordinating Ministry of Maritime Affairs and Investment, Indonesia led a high-level delegation on a visit to India last week. The working visit was aimed at fostering collaboration in the field of biotechnology, digital inclusion, agriculture, and to study the world’s largest free school lunch programme with the objective of implementing a similar programme to provide quality meals to school students in Indonesia, officials said. The proposal for mid-day meal schemes in schools is mentioned in Prabowo’s election manifesto.

Naukri.com parent firm Info Edge has reported a 3.5 per cent increase in billings of the company to Rs 826.9 crore on a standalone basis in the fourth quarter ended March 31, 2024, the company said in a regulatory filing. The billings of the company stood at Rs 748.6 crore in the same period a year ago. Recruitment Solutions billing grew by 7.18 per cent during the quarter to Rs 625.4 crore from Rs 583.5 crore in March 2023 quarter.

X Corp, formerly Twitter, has been «forced by court decisions» to block certain popular accounts in Brazil and is prohibited from giving details of the order, the company said on Saturday. X owner Elon Musk said in a post on the platform, that this order could lead to a total loss of revenue and shut down of the offices in Brazil, promising that he would legally challenge it where possible.

artificial intelligence (AI) text-to-code tools such as IBM Codenet, Microsoft’s GitHub CoPilot, Amazon’s Code Whisperer as well as StarCoder by Service Now and Hugging Face etc, to enhance productivity. Some of these tools claim to increase efficiency by up to 50%. These Gen AI models can generate code from simple text prompts 55% faster and can even check code quality and reviews in almost every computer language, including C++, Java, Go, Python, COBOL, Pascal and Fortran. Small wonder then that they are sparking high levels of curiosity.

Global capability centres (GCC) have been mushrooming in India over the past few years, with over 1,580 GCCs and an installed talent base of over 1.66 million currently. A new report by IT industry apex body Nasscom and Zinnov found that in the fourth quarter of calendar year 2023, India saw 10 new GCCs established, marking the entry of key MNCs like Edge Cortix, M31 technology Corporation, Signature IP into the Indian market. US-headquartered MNCs accounted for around 50% of the new GCCs.

Ather Energy will continue to require external capital for a few more years for growth, cofounder and chief executive Tarun Mehta said on Saturday. At the same time, the overall two-wheeler EV industry would require government subsidies to continue to grow at a healthy rate, he added. Urging for a third version of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) subsidies, Mehta said that a “critical and sunrise sector” like two-wheeler EVs “could see degrowth with some products becoming unviable” if subsidies are pulled back too quickly.

imposing a cap on study permit applications to curb the rapid increase of international students in Canada. Now the cap will be based on the number of study permits expiring this year, he said. This effectively means the number of international students who will enter Canada in 2024 will be the same as the number of students whose permits cease to continue this year onwards.

Voting for 543 Lok Sabha seats in India will take place between April 19 and June 4, spread across seven phases. South Koreans will go to the polls in a general election on April 10 while the

Amazon India has launched a new vertical called Bazaar featuring low-priced, unbranded fashion and lifestyle products. The segment went live on Amazon India’s Android app. To a select cohort of users, it's being placed prominently on the app, people aware of the plan said.

“The market valuation of NIFTY is priced to perfection. The NIFTY is trading at 20.75x FY 25E (P/E) and 22x on a trailing basis,” says Deepak Ramaraju, Senior Fund Manager, Shriram AMC. In an interview with ETMarkets, Ramaraju said: “However, any surprise in the election outcome like a non-decisive mandate can be negative to the markets,”. Edited excerpts:

earthquake on April 5, measuring 4.8 magnitude on the Richter scale, followed by an aftershock, as per a Reuters report. "If there is an aftershock, people are encouraged to drop and cover and to hold, drop to the floor, cover your neck, and hold onto something that is sturdy," New York Governor Kathy Hochul stated, as quoted by CNN. Hochul further advised residents to exercise caution, especially around buildings, particularly high rises.

Smriti Irani had some words of advice for women voters ahead of the upcoming 2024 Lok Sabha Elections, ANI reported. Speaking at a rally in Bengaluru, Irani, who is Minister for Women and Child Development, asked women to "pay attention to important political issues". "I request all the women that if we want everyone to take women seriously in politics, then we have to pay attention to important political issues.

It’s no secret that the wealth management industry faces a head count problem driven by a wave of expected retirements of older advisors, a trend that continues to generate discussions and worries within the industry. One of the key strategies that will help ensure the future of financial planning advice is attracting and retaining talent.

As South Koreans prepare to vote for a new 300-member parliament next week, many are choosing their livelihoods and other domestic topics as their most important election issues

India Inc. As television viewership for the first ten games of IPL jumped to a historic high of 35 crore, a clutch of organisations like Milagrow, Manipal Hospitals, Olyv, Lendbox, and Revfin are bringing the tournament's excitement to the workplace with more than just match screenings. This season of the Indian Premier League commenced on March 22 and will wrap up on May 26.