India to launch new domain name for banks to fight digital fraud
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services. The Institute for Development and Research in Banking Technology (IDRBT) will serve as the exclusive registrar for the new
Read moreSprinklr cuts 500 employees, citing underwhelming business performance
Sprinklr has cut 15% of its workforce — around 500 employees — due to business performance not meeting expectations. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreCarried interest repeal could stifle investments in startups, NVCA says
On Thursday, President Trump asked Republican lawmakers to end tax breaks on carried interest. The tax break allows private equity and venture fund managers to treat their earnings from investments at a lower capital gains rate, rather than as ordinary income. The removal of the tax break would be a
Read moreReport: OpenAI’s ex-CTO, Mira Murati, has recruited OpenAI co-founder John Schulman
OpenAI co-founder John Schulman, who left AI company Anthropic earlier this week after a mere five months, is reportedly joining former OpenAI CTO Mira Murati’s secretive new startup, per Fortune. It’s not clear what Schulman’s role there will be. Fortune wasn’t able to learn that information, and Murati has been
Read moreOrgs demand action to mitigate AI’s environmental harm
A group of more than 100 organizations has published an open letter calling on the AI industry and regulators to mitigate the tech’s harmful environmental impacts just days before leading industry CEOs, heads of state, academics, and nonprofits descend on Paris for a major AI conference. The letter, which bears
Read moreAmazon doubles down on AI with a massive $100B spending plan for 2025
Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreGovernment agency removes spoon emoji from work platform amid protests
According to a New York Times report, on Thursday, the U.S. government’s General Services Administration (GSA) removed the spoon emoji as an option that users of its videoconferencing platform can select to express themselves. The move comes a day after workers embraced the digital cutlery to protest the Trump administration’s
Read moreDOGE staffer resigns after reporters uncover racist posts
Marko Elez â the 25-year-old Department of Government Efficiency (DOGE) staffer who has reportedly been combing through the Treasury Departmentâs payment systems â resigned from his position after the Wall Street Journal uncovered an old social media account linked to him with numerous posts promoting racism and eugenics. â99% of
Read moreEarly Meta employee sues for sexual harassment, gender discrimination
One of Meta’s earliest employees is suing the company for sexual harassment, sex discrimination, and retaliation, according to a lawsuit filed this week in the state of Washington. Kelly Stonelake, who spent 15 years at the company and rose to the rank of director, alleges in the lawsuit she faced
Read moreOpenAI now reveals more of its o3-mini model’s thought process
In response to pressure from rivals including Chinese AI company DeepSeek, OpenAI is changing the way its newest AI model, o3-mini, communicates its step-by-step “thought” process. On Thursday, OpenAI announced that free and paid users of ChatGPT, the company’s AI-powered chatbot platform, will see an updated “chain of thought” that
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