EU passes world’s first AI rules – Artificial Intelligence Act; All you need to know about the landmark law

The Commission has opened proceedings to assess whether the measures implemented by Alphabet and Apple in relation to their obligations pertaining to app stores are in breach of the DMA. Article 5(4) of the DMA requires gatekeepers to allow app developers to “steer” consumers to offers outside the gatekeepers' app stores, free of charge. (Image source: Unsplash)

The world’s first binding law on artificial intelligence, to reduce risks, create opportunities, combat discrimination, and bring transparency, was passed on March 13, 2024.

MIB’s Anurag Thakur launches Prasar Bharati’s news sharing service SHABD; Says ‘historic day for India’s I&B sector’

Union Minister of Information and Broadcasting, Anurag Thakur said the SHABD service is being offered free of cost for the first year as an introductory offer. He said the service "will revolutionize the news industry and will massively support the smaller news organizations that do not have the benefit of an extensive network for content gathering."

SHABD will share content with the rest of the print and electronic media industry of India, providing news stories in all major Indian languages across fifty categories.

Anupam Mittal: Shaadi.com to Shark Tank, more about the outspoken entrepreneur

In 1996, Anupam Mittal founded People Group, a venture that would later serve as the launchpad for his endeavors in the digital realm. One year later, Mittal's visionary leadership led to the creation of Sagai.com, an online matrimonial portal that would revolutionize the way people approach matchmaking in India. (Image source: Anupam Mittal via X)

Anupam Mittal, founder of Shaadi.com, is a notable investor on Shark Tank Seasons 1-3, backing over 250 ventures. His success with Shaadi.com and active role in startups highlight his commitment to innovation.

Byju’s BCCI case: NCLT likely to issue order soon in the case against the edtech firm

The culmination of the rights issue will set the stage for the launch of BYJU’S 3.0, which is the world’s most advanced suite of AI-first products that are aimed at hyper-personalizing education at a global scale. (Image source: Facebook)

The BCCI had applied to the Bengaluru bench of NCLT against Think & Learn Pvt Ltd, Byju’s parent company, for defaulting on dues of close to Rs 160 crore.

IPL 2024: Astral Pipes joins as associate partner of Punjab Kings

KPH Dream Cricket Limited chief executive officer Satish Menon said, "We are privileged to partner with Astral Pipes in this season of new beginnings. We believe our brand of cricket aligns with the core values of Astral Pipes. We are excited to join hands again with them." (Image source: CNBC-TV18)

The season starts on March 23, and Punjab Kings will take on the Delhi Capitals at the New PCA Stadium, Mullanpur.

Interest in Olympics is growing in India: Visa’s Sujatha Kumar

As per Sujatha V Kumar, head of marketing, Visa India and South Asia, "We are both a B2B and a B2C company. We work with our clients to ensure that consumers get the best offers on cards, that they are aware of what all they can do with their card at merchants, that they can pay very safely and securely with Visa."

As per Sujatha V Kumar, head of marketing, Visa India and South Asia, “The last time around, because we could not have any spectators, what we wanted to do was let PV Sindhu know that there were Indians cheering her on, and we wanted the Indian fans to get the feel of partaking in the Olympics.”

Tarun Jha moves on from Havas Worldwide India

Over the past one year, Jha was instrumental in building the creative agency, putting strong processes in place, and hiring a strong team of leaders who have helped the agency witness an impressive growth.

Anupama Ramaswamy, chief creative officer, Anirban Mozumdar, chief strategy officer and Kundan Joshee, managing partner, will continue to lead Havas Worldwide India jointly and will report to Rana Barua, Group CEO, Havas India, Southeast Asia, and North Asia (Japan & South Korea).