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paytm: Paytm CEO Vijay Shekhar Sharma on growing digital footprint in India: ‘People trust online transactions…’ – The…

Founder and CEO of Paytm, Vijay Shekhar Sharma emphasised on the growing digital footprint in India by saying that the people have started trusting online transactions. Speking to ANI, Vijay Shekhar Sharma said, “Formalisation of the economy is a big win for the nation. People are trusting online transactions more. We are reporting 50 per cent growth yearly.”He further added, “No matter where Indians go, they always look for Indian food, and I believe the best Indian food is made in India... I am not only a supporter but…

OpenAI CEO Sam Altman ouster was result of drawn-out tensions – Blow-by-blow account

When OpenAI's board made the shocking decision to fire Chief Executive Officer Sam Altman on the Friday before Thanksgiving, it offered little detail beyond a statement that the leader of the artificial intelligence startup was not “consistently candid” with its directors.The statement, devoid of any details, was the opening volley in a power struggle that played out almost entirely behind closed doors. Privately, Altman and the board jockeyed over what to say publicly and when, according to people familiar with the…

ceo salaries: IT companies take pole position on CEO pay front in India

The IT services industry continues to be the top CEO paymaster in India despite business headwinds in the past two years, going by FY23 numbers when seven out of the 10 highest earning CEOs in the country were from this sector.Their salaries ranged from Rs 29 crore to Rs 82 crore, an ET analysis of data from BSE 500 companies showed.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM LucknowIIML Executive Programme in FinTech, Banking…

jensen huang: Nvidia CEO suggests Malaysia could be AI ‘manufacturing’ hub as Southeast Asia expands data centers

The CEO of technology giant Nvidia said Friday that he views Malaysia as a potential hub for artificial intelligence "manufacturing," though he did not confirm the chipmaker is in talks with a local conglomerate to set up AI data centers in the Southeast Asian country. Jensen Huang, Nvidia's founder and CEO, told reporters in Kuala Lumpur that the Malaysian conglomerate YTL Corp. could play an important role in setting up AI data centers. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Beeper Mini is being blocked by Apple, says Beeper CEO

As quickly as the Beeper Mini app brought iMessage to Android, Apple showed up to rain on its parade. On Friday, Beeper Mini users started reporting problems with the app. Beeper took to X to note that the team was investigating reports about problems sending and receiving messages. Apple apparently closed the loophole the app was taking advantage of, as users are now seeing error messages when they try to send texts. Investigating reports that sending/receiving is not working in Beeper Mini 🔎— Beeper (@onbeeper)…

5 things about AI you may have missed today: G7 leaders forge AI rules, Nvidia CEO eyes Malaysia as AI manufacturing hub

G7 leaders forge historic international rules for generative AI; Tech giants fail to deliver on ethical AI promises, according to a Stanford report; Amazon CEO foresees transformative impact of generative AI on customer experiences; New York partners with intuition robotics to combat senior loneliness with AI companions- this and more in our daily roundup. Let us take a look.1. G7 leaders forge historic international rules for generative AIThe G7 leaders reached a historic agreement on the first international rules for…

Nvidia CEO says Malaysia could be AI ‘manufacturing’ hub

The CEO of technology giant Nvidia said Friday that he views Malaysia as a potential hub for artificial intelligence “manufacturing,” though he did not confirm the chipmaker is in talks with a local conglomerate to set up AI data centers in the Southeast Asian country.Jensen Huang, Nvidia’s founder and CEO, told reporters in Kuala Lumpur that the Malaysian conglomerate YTL Corp. could play an important role in setting up AI data centers.Speaking at a media roundtable, Huang did not confirm reports that Nvidia is in talks…

X CEO boasts 10 million sign-ups in December… so far

X, formerly Twitter, continues making the headlines despite facing challenges. In recent weeks, the platform has launched several new features, including GrokAI (currently available to Premium subscribers). However, the company also faces significant financial pressure, with major advertisers pausing campaigns due to concerns about disinformation and hate speech. Despite these troubles, Reuters reports (via Economic Times) that X CEO, Linda Yaccarino, confirmed more than 10 million X sign-ups in December. X CEO confirms…

X sign ups December: More than 10 million people have signed up for X in December: CEO Linda Yaccarino

More than 10 million people have signed up for X in December, X CEO Linda Yaccarino said in a post on the social media platform on Thursday.This comes as the company, formerly known as Twitter, risks losing as much $75 million in advertising revenue by the end of the year as major brands pause their marketing campaigns on the platform, according to the New York Times.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital TransformationVisitIndian School of…

Apple Card might not be ‘premium’ enough for Amex, the card issuer’s CEO hints

Following reports that Goldman Sachs and Apple might be about to part ways over the pair's Apple Card credit card, one potential card issuer seems to be pulling back amid rumors it could step in. You might think that the reason for that would be reports that Goldman Sachs has lost more than $1 billion since the card launched, but that might not be it at all.With some analysts in the finance space pointing the finger squarely at Amex as a potential suitor for an Apple Card deal, it was surely only a matter of time before…