The FinTech Hub
Source: Live Mint Foreign Portfolio Investors (FPIs) have been persistently offloading Indian equities throughout October, shifting focus towards more affordable markets, such as China. As of October 17, FPI outflows from the Indian stock market have reached a substantial ₹70,398 crore (approximately $8.38 billion), following robust inflows of ₹57,724 crore in the preceding month. This…
Source: Business Standard 4 min read Last Updated : Oct 15 2024 | 9:14 AM IST The equity assets under management (AUM) of domestic mutual funds (MFs), including equity-linked savings schemes (ELSS) and index funds, rose 3.3 per cent month-on-month (MoM) to reach Rs 33.8 trillion in September 2024. This growth was primarily fueled…
Source: Business Standard 3 min read Last Updated : Sep 27 2024 | 2:11 PM IST Starting November 12, 2024, Vistara’s fleet will be officially integrated into Air India. This means all bookings for Vistara-operated flights scheduled after this date will be handled through Air India’s website. The transition also affects loyalty programmes, with…
Source: Coin Tegraph Prosecutors said Bitfinex hacker Heather Morgan should receive a lenient jail sentence as she provided “substantial assistance” to the government. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25696934/googlereimagine.jpg?w=600&resize=600,400&ssl=1 "Google Photos will soon show you if an image was edited with AI")
Source: The Verge There’s no putting the genie back in the bottle when it comes to generative AI forever shaking our trust in photos, but the tech industry has a responsibility to at least be as transparent as possible when these tools are used. To that end, Google has announced that starting next week, Google…
Source: Venture Beat Electronic Arts reveals the setting and other details about the next installment in its Battlefield franchise. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/24440534/AI_Hands_A_Bernis_01.jpg?w=600&resize=600,400&ssl=1 "Max is getting Google AI-generated closed captions")
Source: The Verge Warner Bros. Discovery (WBD) is partnering with Google Cloud to generate closed captioning for content on the studio’s Max streaming service in the US. WBD will use a new “caption AI” solution that runs on Google Cloud’s Vertex AI platform to generate speech-to-text for some shows, starting with “unscripted programming.” Captions generated…
Source: Venture Beat A new report from CyberSeek found that there are only enough workers to fill 83% of available jobs. Read Full Article
Source: Live Mint Semiconductor stocks such as Nvidia rose 4.7%, while Advanced Micro Devices gained 3.5% and Broadcom added 3.8%, sending the Philadelphia SE Semiconductor Index up 3.6%. Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction…
Source: Coin Tegraph A phishing scam netted a fraudster luxury cars and foreign vacations, and then a prison sentence. Read Full Article
