Author: Ansh Singh

New Delhi: Meta CEO Mark Zuckerberg announced that the company will start testing AI characters created by users through Meta AI Studio on Instagram. These initial tests will begin in the U.S. around the same time that a16z-backed Character.AI launched a feature allowing users to talk to AI avatars over calls. In a message on his broadcast channel, Zuckerberg said these chatbots will be clearly marked as AI so users know what they’re interacting with. He explained, “We’re starting an early test in the U.S. with our AI studio, so you might see AIs from your favorite creators and interest-based…

Chennai: Stovekraft, India’s leading kitchen appliances manufacturer, is thrilled to announce the launch of ‘Electra’, the revolutionary electric pressure-cooking system under its Pigeon brand. Designed to make your cooking experience more convenient, efficient, and safe, Electra is set to unlock culinary creativity and transform the kitchen in Indian households. The Electra-Electric Pressure Cooker System stands out with features that cater to consumer needs. It ensures consistency in cooking for perfect results every time. The ‘No-Monitoring Needed Functionality’ allows users to multitask, and the ‘Auto-Off feature’ enhances safety. Additionally, it operates without whistle noise, eliminating common disturbances of traditional pressure cookers.…

Bangalore: Mela Ventures has appointed R Kalyan Sundar as the Head of Finance and Legal. Kalyan brings valuable experience in M&A, financial due diligence, and deal negotiation. At Mela Ventures, Kalyan will lead financial and investment strategies and play a pivotal role in nurturing and scaling innovative startups across diverse sectors. Kalyan Sundar, Head of Finance & Legal at Mela Ventures, said, “I am thrilled to join Mela Ventures and contribute to its mission of fostering growth and innovation in the startup ecosystem. I look forward to leveraging my experience to optimize financial strategies and support the success of emerging…

Bengaluru: Zupee, India’s largest skill-based Ludo platform, has unveiled its latest campaign, ‘Sadiyon Se India Ka Apna Game,’ celebrating the timeless appeal of Ludo, India’s most beloved board game. This campaign is more than just a launch, it’s a heartfelt narrative that creatively captures Ludo’s evolution through the ages, with engaging storytelling and humor, culminating in its modern-day skill-based avatar on Zupee. From the ancient stone age to grandeur of royal courts to the golden era of black and white and the funky retro era, Zupee’s campaign creatively illustrates Ludo’s enduring journey. It also underscores Zupee’s innovation in offering skill-based…

New Delhi: Glad to Honour Awards 2024, This highly anticipated event is set to take place on 6th July 2024 at the prestigious Kratos Club in Surat, gathering to honor the exceptional talent and achievements of shining stars across various industries. The awards ceremony will celebrate the best in fashion, entertainment, content creation, influencing, and beyond, recognizing the remarkable contributions of individuals who have left an indelible mark on their respective fields. From 4 PM to 7 PM, the stage will come alive with energy and excitement as icons who have made significant impacts in their domains are applauded. The…

New Delhi: TikTok recently introduced a new social app called Whee, similar to Instagram, where users can share photos and send messages. However, Whee hasn’t gained much popularity yet. According to app intelligence firm Appfigures, the app has had very few downloads and hasn’t advertised itself much. Launched on June 18 in 71 countries, Whee hasn’t made it to the Top Free Apps chart on Apple’s App Store or even the Top 500 Social apps in many markets. Its lack of promotion has kept it largely unnoticed. Most of its downloads have come from smaller markets like Malaysia, Turkey, Saudi…

New Delhi: UltraTech Cement, a leading cement manufacturer, announced on Thursday its decision to acquire approximately 23% of Chennai-based India Cements Ltd for up to Rs 1,885 crore. In a regulatory filing, UltraTech Cement stated that its board of directors approved the financial investment to purchase up to 7.06 crore equity shares of India Cements Ltd at a maximum price of Rs 267 per share. This strategic move represents about 23% of India Cements’ total equity share capital. For the financial year 2023-24, India Cements reported a turnover of Rs 5,112 crore. UltraTech Cement boasts a consolidated production capacity of…

New Delhi: During an interview, Mustafa Suleyman, CEO of Microsoft AI, spoke openly about his admiration for Sam Altman, CEO of OpenAI. When asked about the future direction of Microsoft’s AI endeavors and its relationship with OpenAI, Suleyman chose to steer away from competitive metaphors, emphasizing instead a collaborative approach. He underscored Microsoft’s substantial investment in OpenAI and their close partnership, noting that while there is competition, OpenAI retains its independence without direct control from Microsoft. Suleyman also delved into the critical issue of AI safety, expressing his confidence in Altman’s genuine commitment to addressing these concerns. He welcomed regulatory…

Chennai: Shriram Asset Management Company (Shriram AMC) announced the launch of Shriram Nifty 1D Rate Liquid ETF (Growth), an open-ended Exchange Traded Fund tracking the Nifty 1D Rate Index. The Shriram Nifty 1D Rate Liquid ETF (Growth) New Fund Offer will be open for subscriptions from July 1, 2024 till July 3, 2024. Investors can apply through their securities brokers or by depositing physical forms at their nearest CAMS Investor Service Centre. The Shriram Nifty 1D Rate Liquid ETF (Growth) provides investors with easy cash management with high liquidity, relatively low interest rate risk and relatively low credit risk. They…

New Delhi: The European Union accused Microsoft of violating competition regulations on Tuesday. The bloc issued a formal statement of objections, alleging that the tech giant has breached antitrust rules by bundling its communication and collaboration tool, Teams, with popular productivity applications such as Office 365 and Microsoft 365. The EU initiated an antitrust investigation into Microsoft’s bundling practices nearly a year ago, in July 2023, following a complaint from Slack, a competitor of Teams. In response to the scrutiny, Microsoft announced a partial unbundling of Teams in late August last year, which was finally implemented in April 2024. However,…