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News on Medial
Indian govt is anti-monopolies, it's good for Indians: Anupam
Twitter
·
1y ago
Medial
Shaadi.com Founder Anupam Mittal said the Indian government's anti-monopoly stance "is a good thing for Indians". "Indian government is anti-monopolies as we have seen with the emergence of UPI, ONDC, etc," he stated. In an interview with Mint, Mittal said Google's attempts to "colonise the Indian economy" will end badly for the company.
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Easy to move to another country, give gyaan: Namita on Sabeer's Indian engineers remark
Inshorts
·
3m ago
Medial
Emcure Pharma Executive Director Namita Thapar reacted to Hotmail Co-founder Sabeer Bhatia's '99% Indian engineers give gyaan' comment, saying, "I lived in US for eight years and met many Indians...who loved bashing India." Addressing Bhatia, she said, "It's easy to move to another country and give gyaan...Real impact and challenge lies in staying in your own country and facilitating change!"
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What to know about Donald Trump's antitrust efforts against tech giants
Economic Times
·
3m ago
Medial
The Trump administration initiated significant antitrust efforts against tech giants, such as Meta, Google, Amazon, and Apple, focusing on monopolistic practices. These efforts continued into Biden's tenure, highlighting bipartisan support for increased scrutiny. High-profile lawsuits are ongoing, with accusations ranging from illegal monopolies to anti-competitive mergers. Andrew Ferguson, FTC chair, and Gail Slater, Justice Department, lead these initiatives. Additionally, AI industry regulations are being re-evaluated to balance competition and innovation.
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More work needed to be done in Indian fintech sector: MobiKwik CFO
Inshorts
·
2m ago
Medial
MobiKwik Co-Founder and CFO Upasana Taku said it's an exciting time to be in India's fintech sector but there is much more work that's needed to be done. "400-500 million Indians are actively paying digitally...everyone else is still on cash," she said. "The overall market opportunity is still...very large...Next 20 years it's going to be a growth story," she added.
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Founders will also be measured on governance quotient: Boat cofounder Aman Gupta
Economic Times
·
2y ago
Medial
"Apart from other things, Founders need IQ, EQ and GQ. Governance quotient now will become more important than ever and it's good for the ecosystem that Corporate Governance is taken seriously from Day Zero," Aman Gupta tweeted.
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Ex-Twitter India Head Manish Maheshwari Graduates from Harvard, Leads India’s AI Charge
YourStory
·
2m ago
Medial
Manish Maheshwari, former Twitter India Head, graduated from Harvard's Edward S. Mason Fellowship. Designed for global mid-career leaders, this program focuses on public good. At Harvard, Maheshwari co-developed MEGHA, an AI assistant aiding rural Indians, winning Harvard's AI for Good Hackathon. As BAT VC’s General Partner, he announced a $100 million fund for AI startups. His tech leadership experience positions him to influence AI ethics and development both in India and globally.
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If couples don't stare at each other, how'll India be most populous: Anupam Mittal
Inshorts
·
6m ago
Medial
Shaadi.com Founder Anupam Mittal reacted to L&T Chairman SN Subrahmanyan's 'How long can you stare at your wife?' comment. "But sir, if husband and wife don't look at each other, how will we remain most populous country in the world?" Mittal said. He earlier said employees must work long enough so that it's the only thing they have time for.
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Breaking the law with new tech doesn't make you a disrupter: Rajeev Chandrasekhar
Money Control
·
1y ago
Medial
Union Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, stated that using new technology to break the law does not make a company a disruptor but rather a criminal. His comments came in response to Binance, the world's largest crypto exchange, facing money laundering charges. Binance's CEO, Changpeng Zhao (CZ), recently stepped down after pleading guilty to breaking U.S. anti-money laundering laws. Chandrasekhar praised the Indian government's approach to deterring crypto speculation, stating it has saved countless Indians from financial losses.
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Govt Will Have Full Autonomy To Use Models Backed By IndiaAI Mission For Public Good
OutlookIndia
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5m ago
Medial
The Indian government will have full autonomy in using AI models developed under the IndiaAI mission for public good, according to Abhishek Singh, Ministry of Electronics & Information Technology. Funding will be milestone-based and facilitated through grants and compute credits. The first submission deadline for proposals is February 15, and selected projects must be converted into a single entity. Models should use diverse datasets, align with the DPDP Act, and address India-specific challenges.
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Indians' data is exported, processed into AI & sold to Indians: Ola CEO
Inshorts
·
1y ago
Medial
Ola CEO Bhavish Aggarwal said Indians produce 20% of the world's data and maybe even more since we're a young population and therefore have a high "per capita data production" rate. "The irony [is]...90% [of the data] is exported into...data centres, largely owned by Big Techs. It's processed into AI, brought back into India and sold...in dollars," Aggarwal said.
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'Ather has sh*t marketing but great product': Zerodha's Kamath
Inshorts
·
1y ago
Medial
Nikhil Kamath recently revealed how his passion and interest started towards EVs. He said supporting young Indian products and entrepreneurs was a key reason for investing in Ather Energy. "Let us Indians buy more Indian brands, until one day non-Indians buy Indian brands, Every one of us has pluses and minuses, Ather has sh*t marketing but great product," Kamath wrote.
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