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Google will soon give California millions of dollars to help pay for local journalism jobs in a first-in-the-nation deal, but journalists and other media industry experts are calling it a disappointing agreement that mostly benefits the tech giant. The agreement, which was hashed out behind closed doors and announced this week, will direct tens of millions of public and private dollars to keep local news organisations afloat. Critics say it's a textbook political maneuver by tech giants to avoid a fee under what could have been groundbreaking legislation. California lawmakers agreed to kill a bill requiring tech to support news outlets they profit from in exchange for Google's financial commitment. By shelving the bill, the state effectively gave up on an avenue that could have required Google and social media platforms to make ongoing payments to publishers for linking news content, said Victor Pickard, professor of media policy and political economy at the University of Pennsylvania. California also left behind a much bigger amount of funding that could have been secured under the legislation, he said.

digital currency (CBDC) or electronic form of rupee, despite the central bank's efforts to popularise it. «If we talk about CBDC vis-a-vis UPI (united payments interface), usage of UPI is already prevalent and I don't see that CBDC serves any special purpose,» the former deputy governor said Friday in Kolkata.

MUMBAI : The initial days of starting up are never easy for any founder. And they weren't easy for Fractal Analytics' Srikanth Velamakanni either. The company, which had been toying with artificial intelligence (AI) long before it captured the imagination of entrepreneurs around the world, became a unicorn or a company with a billion-dollar valuation in 2022, nearly two decades after its inception.

The Pepe price has gained by 2% in the past 24 hours, rising to $0.000008103 as the crypto market remains flat today.

previous week’s funding total of $238.1 million. This week, startups raised funding through 16 rounds compared to 26 rounds in the same period last year, when they raised a total of $47.7 million, according to data from Tracxn.

European Central Bank policymakers are lining up behind another interest rate cut in September and only major data surprises in the coming weeks could delay the move, on and off record conversations with seven sources indicate. Financial markets already overwhelmingly expect a fresh rate cut next month, but policymakers have been circumspect on their next move after the central bank was criticised by some for too overtly committing itself before its first rate cut back in June. A raft of figures on growth, wages and prices in recent weeks has started to sway them and many are increasingly open to discussing their views, arguing that conditions laid out for a cut are being fulfilled.

NITI Aayog has constituted four technical inter-ministerial committees on standards, storage, transportation and utilization of carbon dioxide as India gears up to become net zero by 2070, the Aayog said. “The committees are tasked with preparing a robust policy framework to address the challenges related to Carbon Capture Utilization and Storage (CCUS) implementation in India, including technology readiness, high upfront capital costs, lack of infrastructure for its transportation transportation and storage, regulatory gaps, and public acceptance issues,” it said in a statement issued on Friday. The Aayog, in collaboration with US Department of State’s Bureau of Energy Resources organised a two-day workshop on the legal and regulatory frameworks and technical considerations for Carbon Capture Utilization and Storage (CCUS) which ended on Friday.

rare event that could happen in California. There is a chance of snowfall in the High Sierra over 8,000 feet, including areas of Yosemite National Park, due to a powerful and exceptionally cold Pacific storm that is expected to affect the West Coast. The National Weather Service in Hanford, California claims that there hasn't been any snow in this location in August for at least 20 years. Even though little precipitation is predicted, the possibility of snow in August might still present challenges for hikers and visitors on Friday and Saturday, as per the reports of Microsoft Start News.

Pepe Unchained ($PEPU) has barreled past the $10 million milestone just two months after its presale debut.

Best gaming laptops 2024: Top 8 high-performance picks for ultimate gaming experience and unmatched powerThe ASUS Vivobook 14 is an elegantly designed, lightweight laptop is suitable for everyday tasks. It boasts a 14-inch Full HD display with an anti-glare finish, providing comfort during prolonged usage. Equipped with the Intel Core i3-1215U processor, it efficiently manages routine activities.

Tata Group's lifestyle company Trent (TRENT) and state-run Bharat Electronics (BEL) are the latest inclusion into the Nifty 50 index while LTI Mindtree (LTIM) and Divi's Laboratories have made an exit. The Index Maintenance Sub-Committee (Equity) of NSE Indices on Friday made the changes in the 50-stock index and the same will become effective from September 30, 2024 (close of September 27, 2024).

The NSE Nifty index closed 11.66 points up at 24823.15, while BSE Sensex ended up 33.02 points at 81086.21.

Amazon India plans to set up rest points for its delivery associates across cities over the next couple of years under Project Ashray, a senior company official said on Friday. The Ashray centres will provide clean drinking water, phone charging stations, washrooms, and rest areas for delivery associates. As a pilot, five rest points will be set up in collaboration with Udyasa Foundation in Delhi NCR, Bengaluru, and Mumbai. «Our plan is to be able to go to every city we operate in. We have 1,800 delivery stations across the length and breadth of the country. In the next couple of years, you will find this in pretty much every city in India,» Amazon India, Vice President — Operations, Abhinav Singh said.

Mortgage lender Loan Kuber has raised $3.5 million in a funding round led by Singapore-based venture capital firm TRTL Ventures and existing investor Inflection Point Ventures. The round, a mix of equity and debt, also saw contributions from Auxano, LetsVenture, Mavuca Capital, and prominent angel investors including Ruchi Deepak of Acko, Prashant Tandon of 1mg, and Pankaj Vermani of Clovia. With this fresh infusion, LoanKuber's post-investment valuation now stands at $27 million.

Starbucks has devoted itself to promoting its environmentally conscious credentials with considerable time and resources, and anyone who has ever had the misfortune of spending a few minutes browsing the company's website could reasonably assume they had unintentionally ended up on the Greenpeace homepage. The CEO of Starbucks mocks the green logo used by the company.

BlackRock Inc. has picked up over 42,700 sq ft office space in a premium commercial tower in central Mumbai’s plush Worli locality through a long-term lease of five years. The financial institution’s India arm Blackrock Services India will be paying rental of Rs 325 per sq ft a month in the first year of the lease. The agreement includes a clause to escalate rentals by 5% in April 2025, by 10% a year after that and 5% each in 2027 and 2028. The New York-headquartered company has leased the space on the 4th floor of the commercial tower Altimus directly from the project’s developer K Raheja Corp.

JSW Sports and Inspire Institute of Sport (IIS) founder Parth Jindal has led a fresh round of funding in PadelPark India, a comprehensive ecosystem and market leader dedicated to the sport of Padel in India. PadelPark India will deploy the fresh funding in scaling up its infrastructure and enhancing the offerings of its academy and events. It plans to establish more than 100 Padel clubs across the country over the next few years through a combination of owned and franchise-run centres. The company is on track to deliver 40 Padel Courts in the next three months, open 15 Padel Centres/clubs in the next 60 days, and train 250 people from next month.

iPhone 16 Pro models are expected to feature larger screens than ever before. While the standard iPhone 16 and 16 Plus could retain the dimensions of their predecessors, the Pro versions will likely boast larger displays. The iPhone 16 Pro is rumored to come with a 6.3-inch display, an upgrade from the 6.1-inch screen on the iPhone 15 Pro.

Also read: Perfect outdoor escapes: In search of wild greens Trail running has shown gradual growth over the last few years in pockets of the country with plenty of races in the Himalaya and the Western Ghats, while a few runners like Kieren D’Souza and Sannat Sachdev have shifted base to the mountains to train and race internationally— Kieren moved from Bengaluru to Manali; Sannat from Jaipur to Bir. “The standards are very high globally and we are just about catching up. In other countries, there are loads of local races and trail running clubs.

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potato and rice have started falling. Having remained firm for the last three months, prices of potatoes have fallen by 8 per cent in the last 20 days as the cold storages in Uttar Pradesh and West Bengal are overloaded with potatoes which need to be used up before November. Bengal chief minister Mamata Banerjee in the third week of July had stopped inter-state movement of potatoes and didn't even allow truck movement carrying potatoes from Uttar Pradesh to the north-eastern states resulting in oversupply and prices falling. Prices of potatoes which stood at Rs 36 a kg 20 days ago are now commanding a price of Rs 34 a kg. Even though Mamata Banerjee on last Tuesday allowed inter-state trade of potatoes for the next seven days on the consideration that there will be no shortage of the tuber for the state and the prices will not rise, the potato trade in Uttar Pradesh said that the sudden decision to stop movement of potatoes has disrupted the supply chain.