India scrambles to curb PhonePe and Google’s dominance in mobile payments

The National Payments Corporation of India (NPCI), the governing body overseeing the country’s widely used Unified Payments Interface (UPI) mobile payment system, is set to engage with various fintech startups…

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Meta’s Oversight Board probes explicit AI-generated images posted on Instagram and Facebook

The Oversight Board, Meta’s semi-independent policy council, it turning its attention to how the company’s social platforms are handling explicit, AI-generated images. Tuesday, it announced investigations into two separate cases…

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India’s Ola retreats from international markets, exiting UK, Australia and NZ

Ola is shutting down its operations in the UK, Australia and New Zealand, six years after expanding to international markets as the Indian ride-hailing giant shifts focus to doubling down in…

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Indian audio giant BoAt says it’s investigating suspected customer data breach

India’s largest audio and wearables brand BoAt is investigating a possible data breach after hackers advertised a cache of alleged customer data online. A sample of alleged customer data was…

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Indian quick-commerce Zepto zooms to $1.2B in annualized sales, Goldman says

Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within just 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing the Zepto…

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