The Financial Times has struck a deal with ChatGPT developer OpenAI that allows its content to be used in training artificial intelligence systems. The FT will receive an undisclosed payment as part of the deal, which is the latest to be agreed between OpenAI and news publishers. Under the arrangement, ChatGPT users will receive summaries … Read more
Fashion and lifestyle player Trent on Monday reported a multifold jump in consolidated net profit at Rs 712 crore for the quarter ended March 31, 2024. The profit stood at Rs 45 crore in the corresponding quarter last fiscal. The company reported a revenue of Rs 3,298 crore, up 51% year-on-year (YoY) from Rs 2,183 … Read more
My first phone was a Nokia 3210, a cute grey brick with just enough computing power to run Snake. Compared with today’s sleek 5G touchscreen devices it was pretty pants, except in one way: I could repair it. The case, keyboard and battery could, without any special tools, be disassembled and replaced when they cracked … Read more
Govind Singh, MD & CEO, Utkarsh SFB, says: “As far as moving from a small finance bank to universal bank is concerned, in the next two to three years’ time we should be looking at this part. But we still have to have a clear discussion with our board and other concerns.” How was the … Read more
Just after his food shop is delivered at 10am on a Sunday, Sean Willers starts his weekly routine. Bolognese, chilli, potatoes, rice, chicken and vegetables are all cooked and stored in the fridge for lunches and dinners until Wednesday. The routine – he eats the same thing “80% of the time” – means he has similar … Read more
C Vijayakumar, CEO & MD and Prateek Aggarwal, CFO, HCL Tech in conversation with ET Now after announcement of Q4 results. Vijayakumar says: “ Overall, our deal momentum is good. We have a strong pipeline. We believe the first half of the year will be strong bookings and that will drive good growth momentum in … Read more
So far, over 3,000 people have applied to one open data science vacancy at a US health tech company this year. The top candidates are given a lengthy and difficult task assessment, which very few pass, says a recruiter at the company, who asked to remain anonymous because they are not authorized to speak publicly. … Read more
The struggling owner of music back catalogues ranging from Shakira to the Red Hot Chili Peppers has agreed a $1.6bn (£1.3bn) improved takeover offer from US private equity investor Blackstone. Hipgnosis Songs Fund said it was recommending the offer, which trumps a rival $1.4bn bid by US-based royalties fund Concord Music. The takeover would mark … Read more
“You can see from foreign flows perspective that that rebound in China is detracting from some of the investment in India. I do not think it changes the longer-term trends, but we are in one of those holding patterns similar to the fourth quarter of 2023,” says Laurence Balanco, CLSA.What is the take on India … Read more
A few representatives from smaller browser companies also expressed that they wanted more information included with Apple’s choice process, like definitions of what a browser is for less tech-savvy users and descriptions of the different browsers’ specialties. “Giving people information about the choice, and also information about what they’re choosing is really, really important,” says … Read more
