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The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks.The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech,…

Even though the base of online gamers willing to make payments continues to grow, the recent increase in the goods and services tax (GST) will “moderate” monetisation per user, a joint report by real money gaming (RMG) firm Winzo and non-profit firm Interactive Entertainment and Innovation Council (IEIC) said. “Pay to Play games have historically been the largest revenue source and key driver for India’s gaming sector. Its share will mellow down over the next five years on account of high tax burden… While the industry…

The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence to encourage protecting personal data, monitoring AI for risks, and safeguarding human rights, U.S. officials said.The nonbinding resolution, proposed by the United States and co-sponsored by China and 121 other nations, took three months to negotiate and also advocates strengthening privacy policies, the officials said, briefing reporters before the resolution's passage.Elevate Your Tech Prowess with…

Meta Platforms's Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com.More than 5,000 users reported issues with accessing the photo-sharing platform in the United States at the peak of the outage, Downdetector's data showed.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIM LucknowIIML Executive…

Peer-to-peer lending companies such as Liquiloans, Lendbox, and Faircent are putting the brakes on their instant withdrawal products. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ SC stay on fact-checking unit hailed■ Flipkart’s new payout policy■ Laptop import management to be reviewedP2P lending platforms to stop ‘liquid funds’ as RBI peers into business Peer-to-peer lending startups are bringing one of their most attractive products to a halt from March 31 — a fallout of the increased…

The government is likely to review the laptop and other digital devices import management system around September to assess electronics manufacturers’ preparedness to either set up or expand their manufacturing presence in the country, people aware of the matter told ET.During the review, the government is likely to assess the importers on parameters such as the number of laptops imported since October 2023, the place of origin of these devices and the components, and whether these components originated from trusted…

In a concerted attempt at self-regulation, a grouping of the country’s peer-to-peer (P2P) lending platforms has asked its members — including Liquiloans, Lendbox and Faircent — to stop offering instant withdrawal products to customers after March 31, people aware of the move said.Following the industry-level decision, Matrix Partners-backed Liquiloans has written to its business partners informing them it would pause the liquid scheme option for all new lenders.Elevate Your Tech Prowess with High-Value Skill…

Pocket FM, an online audio streaming platform, is close to finalising a new fundraise which will likely catapult it into the unicorn club of privately held tech companies valued at $1 billion or more, according to people close the matter.The audio entertainment startup is in talks with the Abu Dhabi Investment Authority (ADIA) for its latest funding which is expected to value it around $1.2 billion, the people said. The latest funding talks come on the back of the Bengaluru-based company announcing on Wednesday that it…

Microsoft has agreed to pay Inflection about $650 million while hiring the AI startup's staff, a person familiar with the matter told Reuters on Thursday.The transaction is mostly in the form of a licensing deal that makes Inflection's models available for sale on Microsoft's Azure cloud service, the person with direct knowledge on the deal said.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitIndian School of…

Passkeys are the future of passwords. At least, they’re the best alternative we have right now to eventually replace logins that can be hacked.Passkeys rely on the biometrics of a physical device for authentication and security, and therefore, they’re unhackable. Also, with passkeys, you won’t have to worry about setting up two-factor authentication for some of your sensitive digital properties. Not all apps and services out there support passkeys yet. It’ll be a while until passwords disappear, so they’ll…