Sunday, May 12
Pai Platforms' acquisition of Bitsila sparks discussions. Concerns raised about buyer app entering seller domain. Challenges may arise with Paytm's dual presence. Balancing buyer and seller interests crucial for sustainable growth in ONDC.
Baidu Inc faced a decline in profit due to AI development expenses. Revenue increased with enhanced advertising sales. Baidu collaborated with Microsoft and Google for generative AI. Ernie is expected to bring additional revenue through advertising and cloud services. Robin Li is confident in AI endeavors.
Bill Gates visited India, sipping tea made by Dolly Chaiwala. He visited Microsoft's India Development Center and a slum in Bhubaneswar. “In India, you can find innovation everywhere you turn—even in the preparation of a simple cup of tea!” the text under the video reads. During his last visit, he met with Prime Minister Narendra Modi and YouTuber Prajakta Koli, even riding an electric scooter.
Bumble, the dating app, plans to lay off about 37% of its workforce, approximately 350 employees, due to disappointing first-quarter revenue and a slowdown in user spending. Bumble CEO Lidiane Jones aims to strengthen foundational capabilities. Tech industry layoffs continue.
Google Maps' glanceable directions feature shows real-time ETA, next turn, and adapts to your needs. Activate it in the app settings. It keeps you informed without disrupting your journey.
Google Cloud criticizes Microsoft's cloud computing monopoly, hindering generative AI. Microsoft denies allegations, claims healthy competition. Amazon leads the market. Google requests regulators to prevent Microsoft's dominance and unfair practices. A Google Cloud executive has accused Microsoft of creating a "walled garden" controlled by them, limiting customer choice and hindering innovation.
WhatsApp is developing a feature to suggest similar channels based on relevance. It will recommend verified channels and help users discover relevant content while supporting channel owners in reaching a wider audience.
