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EU plants flag in Silicon Valley ahead of big tech crackdown

The EU’s industry chief Thierry Breton travelled to Silicon Valley this week to prep tech giants for sweeping new rules governing social media, AI, and data. Breton also made the trip to inaugurate the Commission’s first-ever office in Silicon Valley, as the bloc looks to plant its flag firmly on big tech’s home turf.   EU officials entered Twitter’s headquarters yesterday to conduct a mock exercise with the company’s staff to analyse its handling of issues such as Russian propaganda, fake…

India likely to bag 40% of jobs lost to layoffs globally; Mojocare funders flag financial finagling

Some good news to chase away the Monday blues. Remember the thousands who lost their jobs globally? According to experts, a big chunk of those roles could move to outsourcing hubs like India in the coming months. This and more in today’s ETtech Morning Dispatch.Also in the letter:■ Crypto exchange Coinswitch to foray into Indian stock trading■ Startups outpace legacy auto companies in e-scooter launches■ Nuggets in numbers from the filings of IT companies Outsourcing hubs like India to bag 40% of jobs lost to layoffs In…

Mistral AI’s mega fundraise is a red flag for many concerned about inclusivity

Often, when people ask me how the venture and startup market is doing, I have to take a moment. The easy answer is that we’re seeing a downturn. The correct answer is more nuanced: There is indeed a downturn, but it is impacting some much more than others. One example of this as clear as day is Mistral AI’s recent $113 million seed fundraise. The company, founded by three French white men, was started just four weeks ago and doesn’t even have a product yet. That round, which values the company at $260 million, is…

Hailey Bieber Once Admitted Being A ‘Big Fat Red Flag’ When It Comes To Checking Her Partner’s Phone, Justified Herself By Saying, “If…

When Hailey Bieber Admitted She’s ‘Big Fat Red Flag’ When It Comes To Checking Her Partner’s Phone ( Photo Credit – Instagram ) Hailey Bieber, a supermodel and an entrepreneur, is now happily married to Hollywood pop singer Justin Bieber. However, the singer was previously linked with Selena Gomez, and their love story has a history of its own. Fans still ship them together, and the alleged feud between Hailey and Selena still buzzes all around the internet. However, once in an interview, Mrs Bieber admitted that she…

Wave the White Flag – Shiba Inu (SHIB) and Dogecoin (DOGE) Investors Declare HedgeUp (HDUP) the New Crypto King

Crypto can feel like a warzone sometimes. That’s true whether you’re an investor or a developer. Well, investors are surrendering their positions with meme coins for the hottest new DeFi project. HedgeUp (HDUP) is exceeding all expectations and building a community to rival the lead meme coins. Dogecoin (DOGE) Dogecoin is the original meme coin. Its legacy stretches back to the early days of crypto. For years, it trudged along, slowly gaining ground with the rest of the crypto market. And then came Elon Musk. Here a…

Artifact News App Now Lets Users Flag ‘Clickbait’

There are lots of ways to write a headline, many of them bad. Take this article, for instance. It might’ve been titled:Why Banning TikTok Won’t Protect Our PrivacyYou’ll Never Believe What This App Lets Users DoorEmerging App Wages War Against Fake Newsor evenThis Trendy News App Empowers Users With One Weird Trick.But if it had been, then you might’ve felt let down by the actual content of the story. Clickbait tends to do that: make big promises, build expectations, and then deliver something much less exciting than…

Maha CM Eknath Shinde to Flag off Bus on Newly Completed Mumbai Trans Harbour Link

Published By: Paras YadavLast Updated: May 23, 2023, 13:46 ISTImage used for Representation. (Photo: NDTV)To mark the deck slab installation completion, Shinde and Fadnavis will show the green flag to a bus carrying MMRDA officials and engineerIn a significant milestone, Maharashtra Chief Minister Eknath Shinde along with Deputy CM Devendra Fadnavis will flag off a ‘bus’ to traverse a short distance on the just-completed and much-awaited Mumbai Trans Harbour Link on Wednesday (May 24), officials said here on Monday.With

Google to Launch New Image Search Features to Reduce Misinformation, Flag AI-Generated Images

Google is adding two new features to its image search to reduce the spread of misinformation, especially now that artificial intelligence tools have made the creation of photorealistic fakes trivial.The Alphabet company's first new feature is called ‘About this image,' serving up additional context like when an image or similar ones were first indexed by Google, where they first appeared and where else they've shown up online. The intent is to help users pinpoint the original source while also…

Tourists willing to pay a premium for Blue Flag destinations

Research model. Credit: Tourism Management (2023). DOI: 10.1016/j.tourman.2023.104767 Tourists are willing to pay a price premium for a sustainable coastal destination with Blue Flag status, a new study from the University of Portsmouth has found. The iconic Blue Flag is an international mark of recognition that a beach, marina or

Startups: Entrepreneurs flag lack of ‘credence’ as IAMAI not representing their interests, favouring Big Tech

India’s top internet entrepreneurs are up in arms against what they term as a lack of “credence” in nodal industry grouping, the Internet and Mobile Association of India (IAMAI). These founders are demanding a change in the leadership of the apex body, which they contend has become a “mouthpiece of Big Tech,” while failing to represent the interests of home-grown digital companies.This signals a deepening of the chasm between the interests of global internet majors such as Google and Facebook, which count India as one of…