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More small firms say they’re harnessing AI to help their businesses

A core principle of taxation is that taxpayers have the right to pay no more — and no less — than what is required by law.

Subscribe to enjoy similar stories. The sparkles emoji has become a near-ubiquitous symbol that applications are powered by artificial intelligence. Even ChatGPT doesn’t know how it started.

Subscribe to enjoy similar stories. Workers are getting too comfortable venting on their employers’ chat apps. We tend to forget that nothing we say there is private.

TraqCheck, an enterprise software startup, has raised an undisclosed amount in a funding round from Alok Oberoi, former head of Goldman Sachs’ international wealth management business; Aakash Anand, founder of Bellavita; and Caret Capital, an early-stage venture firm focused on startups in the mobility, distribution and employment sectors. The funds will be used for global expansion. ET had earlier reported that the startup aims to expand into global markets in the next two to four years. Founded in 2020 by Armaan Mehta, Jaibir Nihal Singh, and Rishabh Jain, the New Delhi-based company assists businesses in background verification using artificial intelligence.

BEIJING — China's Ministry of Commerce said Tuesday it was launching a probe into Calvin Klein-parent PVH Group over alleged business disruptions around its Xinjiang supply chain.

The U.S. government is proposing a ban on key Chinese software and hardware in connected vehicles on American roads due to national security concerns, the White House announced Monday.

The U.S. Commerce Department is seeking a ban on the sale of connected and autonomous vehicles in the U.S. that are equipped with Chinese and Russian software and hardware with the stated goal of protecting national security and U.S. drivers

Subscribe to enjoy similar stories. As one of the chief architects of Amazon’s Alexa, Rohit Prasad has been at the vanguard of artificial intelligence. Now, he is leading the company’s effort to catch up in the AI race.

connected vehicles on American roads due to national security concerns — a move that would effectively bar nearly all Chinese cars from entering the U.S. market. The planned regulation, first reported by Reuters, would also force American and other major automakers in the coming years to remove key Chinese software and hardware from vehicles in the United States. The Biden administration has raised serious concerns about the collection of data by Chinese companies on U.S. drivers and infrastructure through connected vehicles as well as about potential foreign manipulation of vehicles connected to the internet and navigation systems. The White House ordered an investigation into the potential dangers in February.

Subscribe to enjoy similar stories. The US Federal Reserve’s recent 0.5% rate cut marks the start of what could be a prolonged easing cycle, with projections pointing to another 0.5% cut in 2024 and an additional 1% in 2025. The Fed’s aim is to get ahead of potential labour market challenges and stabilise the US economy amid looming uncertainties.

LTIMindtree Ltd. dropped 0.68 per cent to Rs 6330.0 at 01:33PM (IST) in Monday's trade. The stock hit a high of Rs 6400.0 and low of Rs 6285.0 so far during the session. The stock had closed at Rs 6373.35 in the previous session. The counter had a total traded volume of 01:33PM shares so far with a turnover of Rs 5.02 crore on BSE. The stock traded at a price-to-earnings multiple of 41.1 and a price-to-book ratio of 7.3.

CERT-In) has raised an alarm over 'multiple vulnerabilities' identified in various Apple products. These security flaws, which have been given a rating of 'high severity' could potentially allow attackers to exploit systems, gaining unauthorized access to sensitive information, executing arbitrary code, and bypassing security protocols. Additionally, the vulnerabilities pose risks of denial of service (DoS) attacks, privilege escalation, authentication bypasses, and spoofing threats. The vulnerabilities have been detected in several Apple products, including iPhones, iPads, Mac devices, and related software on versions prior to iOS 18, iPadOS 17.7, macOS 14.7 and others.

Subscribe to enjoy similar stories. Let’s call it Operation Chutzpah. If, as is widely believed, the Mossad detonated pagers and walkie-talkies used by Lebanese Hezbollah terrorists, killing dozens and wounding thousands, it will go down as an intelligence operation for the history books.

Subscribe to enjoy similar stories. Unlike many experts who are still awaiting a killer app in the field of artificial intelligence (AI), Naveen Rao, vice-president of generative artificial intelligence (GenAI) at Databricks, says the world already has one -- it’s coding. "We're seeing a lot of developers actually latch onto this, especially younger developers.

Subscribe to enjoy similar stories. A rare beast may soon lumber across the hills of Silicon Valley: not a $1bn unicorn, nor a $10bn decacorn, but a hectocorn—a startup valued at more than $100bn. OpenAI, the maker of ChatGPT, is understood to be in talks to raise $6.5bn from investors to fund the expansion dreams of its co-founder, Sam Altman.

Subscribe to enjoy similar stories. From bolstering its India leadership, which includes shedding the image of the company’s Paris office being the nerve centre, to prioritising operating margins, Srinivas Pallia has embarked on an array of changes to script a turnaround for Wipro since he took over as the company’s chief executive about six months ago. Pallia took over as Wipro CEO on 6 April, replacing Frenchman Thierry Delaporte before the culmination of his term.

Weekly Tech Recap: iPhone 16 goes on sale in India, Samsung may be working on a rollable phone and moreCERT-In warns that apart from accessing sensitive information, these vulnerabilities can be used by attackers to “execute arbitrary code, bypass security restrictions, cause denial of service (DoS) conditions, bypass authentication, gain elevated privileges and perform spoofing attacks on the targeted system."Apple iOS versions prior to 18 and iPadOS versions prior to 18Apple iOS versions prior to 17.7 and iPadOS versions prior to 17.7Apple macOS Sonoma versions prior to 14.7Apple macOS Ventura versions prior to 13.7Apple macOS Sequoia versions prior to 15Apple tvOS versions prior to 18Apple watchOS versions prior to 11Apple Safari versions prior to 18Apple Xcode versions prior to 16Apple visionOS versions prior to 2CERT-In states that these vulnerabilities have been fixed in the latest version of software updates by Apple and alerts the iOS, iPadOS, macOS, tvOS, watchOS, Safari, Xcode and visionOS users to update to the latest software update provided by the Cupertino based tech giant in order to stay secure. Notably, CERT-In had also also warned about the vulnerabilities in Google Chrome browser earlier this month.

Enfusion, a U.S. software provider for asset managers, is in talks with investment bankers to evaluate options that could include a potential sale, according to people familiar with the matter. The Chicago-based company, which has a market value of $1.1 billion, decided to interview investment banks in recent weeks after receiving takeover interest from potential suitors including private equity firms, one of the sources said, requesting anonymity as the matter is confidential. Enfusion has not launched a sale process yet and it is possible that the company opts to stay independent, the sources added. Enfusion did not immediately respond to requests for comment.

Subscribe to enjoy similar stories. Over the summer of 1956 a small but illustrious group gathered at Dartmouth College in New Hampshire; it included Claude Shannon, the begetter of information theory, and Herb Simon, the only person ever to win both the Nobel Memorial Prize in Economic Sciences awarded by the Royal Swedish Academy of Sciences and the Turing Award awarded by the Association for Computing Machinery.

Google has broken antitrust laws, part of a second major federal antitrust trial against the tech giant. The government on Friday concluded its main arguments in the case — US et al. v. Google — and the internet giant started mounting its defense. The case, filed last year, accuses Google of building a monopoly over the technology that places ads on websites around the internet. Now, Google will deny the claims. The company argues that the ad tech industry is intensely competitive, and accuses the Justice Department of ignoring rivals like Facebook and Amazon to make its case sound more compelling.