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Australia said it would regulate buy-now-pay-later services as a consumer credit product under new laws, forcing BNPL providers to carry out background checks before lending in what would be one of the world's toughest regimes for the startup sector.

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"Earlier today, a technical issue caused some people to have trouble accessing Instagram. We resolved the issue as quickly as possible for everyone who was impacted," a Meta spokesperson told Reuters.

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A team led by Jeff Bezos' space company Blue Origin won a coveted NASA contract to build a spacecraft that will send astronauts to and from the moon's surface, NASA's chief announced on Friday, capping a high-stakes contest. NASA's decision will give the agency a second ride to the moon under its Artemis program, after it awarded Elon Musk's SpaceX $3 billion (nearly ...

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Meta Platforms on Thursday shared new details on projects it was pursuing to make its data centers better suited to supporting artificial intelligence work, including a custom chip "family" that it said it was developing in-house. The Facebook and Instagram owner said in a series of blog posts that it designed a first-generation chip in 2020 as part of the Meta Traini...

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Meta's Director and Head of Partnerships in India Manish Chopra has announced his resignation from the company in a LinkedIn post. Chopra joined Meta in 2019 and has been serving as its director and head of partnerships in India. The Director and Head of Partnerships posted a message of his resignation on Tuesday. He also said he would assist with the transition over ...

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Crypto lender Voyager Digital said Wednesday that customers will recover about 35 percent of their cryptocurrency deposits as the company winds down its operations after a failed buyout attempt by crypto exchange Binance.US. US Bankruptcy Judge Michael Wiles approved Voyager's proposed liquidation plan at a court hearing in Manhattan on Wednesday.

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WhatsApp has rolled out new Chat Lock feature to help its users keep their messages and conversations private and secure. One can open these conversation only through correct passcode, fingerprint, or Face ID authentication. The feature has been globally launched and will be rolling out to all WhatsApp users on Android as well as iOS.

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A Russian court fined Alphabet's Google RUB 3 million (nearly Rs. 31 lakh) on Thursday for failing to delete YouTube videos it said promoted "LGBT propaganda" and "false information" about Russia's military campaign in Ukraine, Russian news agencies reported. Over the last year Moscow has levied dozens of fines against Western tech companies as part of a drive to ramp...

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The NDMC is planning to increase the number of EV charging stations in Lutyens' Delhi and even provide battery swapping facilities at some of these points, a senior official said on Wednesday. With Delhi being among the most polluted capitals in the world, the New Delhi Municipal Council (NDMC) has been making a push for electric vehicles to nudge residents to opt for...

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Google has finally taken the wraps off its Pixel 7a smartphone at a product announcement that kicked off Google I/O 2023 developer event as well. Google’s newest A-series Pixel phone comes with several improvements over its previous model, the Pixel 6a. The product was announced alongside two other new products, which includes the new Pixel Fold foldable and the Pix...

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Tecno Phantom V Yoga, an allegedly upcoming flagship model from the Chinese smartphone company Tecno, has been reportedly spotted on a Chinese platform. The post on the website has tipped several specifications of the flip smartphone, which is said to be powered by a Mediatek Dimensity 8050 SoC. Tecno has not officially confirmed the specifications or the existence of...

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Guardians of the Galaxy Vol. 3 has collected an impressive $282.1 million (about Rs. 2,306 crore) at the global box office in its opening weekend. The film marks James Gunn’s final Marvel project for the foreseeable future as he pivots focus to rival company DC Studios, serving as the co-lead. The film earned roughly $114 million (about Rs. 931 crore) from the US an...

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Cryptocurrency exchange Binance halted bitcoin withdrawals on Monday for the second time in a day, citing large volumes.

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Israel has seized around 190 crypto accounts at crypto exchange Binance since 2021, including two it said were linked to Islamic State and dozens of others it said were owned by Palestinian firms connected to the Islamist Hamas group, documents released by the country's counter-terror authorities show. Israel's National Bureau for Counter Terror Financing (NBCTF) on J...

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President Joe Biden attended a White House meeting with CEOs of top artificial intelligence companies, including Alphabet's Google and Microsoft, on Thursday to discuss risks and safeguards as the technology catches the attention of governments and lawmakers globally. Biden, who "dropped by" the meeting, has also used ChatGPT, a White House official told Reuters.

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Amazon Great Summer Sale 2023 is currently live for Amazon Prime members in India. The new sale will be accessible to all users on May 5. This year, the sale brings discounts on a range of smartphones. The sale brings no-cost EMI options and exchange discounts on various smartphones in all price segments.

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About half of Indians surveyed said that they are unable to differentiate between the real and cloned voice of a person while 83 percent of the victims of voice scams have faced the loss of money, online security firm McAfee said in a report. The survey of 7,054 people was conducted in seven countries, including 1,010 respondents from India, around artificial intellig...

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Coinbase Global has reiterated its view to the US Securities and Exchange Commission that it has not broken any securities laws in its formal response to a legal threat received from the regulator, the firm said on Thursday. Coinbase CEO Brian Armstrong and Chief Legal Officer Paul Grewal said the crypto exchange would like to list securities in the future but would ...

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Reliance General Insurance on Wednesday said it has become a forerunner general insurance company in the country to accept the Reserve Bank of India’s (RBI) Central Bank Digital Currency e-Rupee for premium payments. The company has tied up with Yes Bank to facilitate the collection of premiums in the digital mode using the bank's e-Rupee platform, a statement said.

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The chair of the Senate Intelligence Committee on Wednesday urged CEOs of several artificial intelligence (AI) companies to prioritize security measures, combat bias, and responsibly roll out new technologies. Democratic Senator Mark Warner raised concerns about potential risks posed by AI technology.

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