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The consumer finance unit of China’s Ant Group will boost the company’s capital to CNY 30 billion (roughly Rs. 35,377 crores) from CNY 8 billion (roughly Rs. 9,434 crore), and introduce 4 new strategic investors, an exchange filing released on Friday said. The unit, Chongqing Ant Consumer Finance, is under regulatory pressure to fold Ant’s
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Russia has blocked the website of OVD-Info, a prominent human rights monitor tracking political persecution, the group said Saturday, as authorities press ahead with a crackdown on dissent. Russia’s Supreme Court is considering whether to shut top rights group Memorial, which works with the monitor. OVD-Info, which tracks opposition protests and also provides legal support
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What are the best movies of 2021? The year mirrored the previous one — while we enjoyed the outdoors for the first few months in 2020, that was true of 2021’s last three months. (And now with the coronavirus’ Omicron variant causing a ruckus, who knows what 2022 is going to be like.) As a
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The government has issued an advisory to citizens regarding the use of caution against ed-tech companies which enable online and remote learning. The offer of free services which are promised by some companies has to be carefully evaluated, the Ministry of Education stated in the notification issued on Thursday. It also urged parents, students, and
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“Machine learning is ubiquitous at Amazon today,” said Rajeev Rastogi, Vice President, Machine Learning at Amazon India, in an interview with Gadgets 360. “Within the retail business, we are using machine learning extensively to recommend products to customers, forecast future demand for products, and improve the quality of a product catalogue, both classifying products, and
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India’s antitrust agency suspended Amazon.com’s 2019 deal with Future Group on Friday, potentially denting the US e-commerce giant’s attempts to block the sale of Future’s retail assets to an Indian market leader. The regulator ruled that the US company had suppressed information while seeking regulatory approval on an investment into Indian retailer Future Group two
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The Biden administration on Friday recommended Alphabet’s Google and Facebook parent Meta get permission to use an undersea cable system to handle growing Internet traffic with Asia. The administration urged the Federal Communications Commission (FCC) to grant licenses for the companies to send and receive data on the existing 8,000-mile Pacific Light Cable Network. The
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Instagram is getting a new feature that allows users to embed a miniature version of their profiles on websites. With the latest Profile Embed functionality, users can showcase their Instagram content on third-party sites or link to someone else’s profile. Alongside the Profile Embed, the social media company has highlighted the recently launched Playback feature
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