Today's Tech Check- "Google's AI Tool Expands to India, RBI vs. SEBI Crypto Clash, LinkedIn India & Satya Nadella Fined, and Real-Life Wisdom Beyond TED Talks"
23th May, 2024
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1. “India Hits Microsoft's Satya Nadella and LinkedIn with Rs 27 Lakh Fine: Full Coverage”
Indian government fines Microsoft CEO Satya Nadella, LinkedIn India and 8 others over $36,000.
Failure to comply with Significant Beneficial Owner (SBO) norms under Companies Act.
LinkedIn India fined Rs 7 lakh, Nadella and LinkedIn CEO Ryan Roslansky fined Rs 2 lakh each.
Failure to identify and disclose SBOs and failure to send mandatory notices.
63-page order issued by Registrar of Companies, highlighting liabilities.
#News #Article #Microsoft
2. “Real-Life Wisdom: Lessons Beyond TED Talks You Need to Know”
Key Facts:
Calculated risks, adaptability, and time and effort are crucial for success.
Imperfection and self-discovery are essential for fulfillment.
90% of entrepreneurs attribute their failures to valuable learning experiences.
Individuals with growth mindsets are more likely to persevere through challenges.
Key Personalities:
Stanford Graduate School of Business
University of Pennsylvania
#entrepreneur #success
3. “LinkedIn India & Satya Nadella Fined 27 Lakh for Ownership Norms Breach”
LinkedIn India, CEO Satya Nadella fined INR 27 lakh for violating beneficial ownership norms.
Ministry of Corporate Affairs imposed penalty for failing to disclose significant beneficial ownership details.
LinkedIn India fined INR 7 lakh, Nadella and Ryan Roslansky fined INR 2 lakh each.
Eight other individuals, including Keith Ranger Dolliver and Ashutosh Gupta, also fined.
Order cites failure to identify and report beneficial owners as per Companies Act, 2013.
#News #Social #Media #Recruiting
4. “RBI vs SEBI: Unraveling the Battle for Crypto Control in India”
RBI advocates for a complete crypto ban, while SEBI takes a more nuanced approach, signaling its intent to regulate.
SEBI's shift in stance is attributed to market maturation, global regulatory trends, and the potential classification of cryptocurrencies as securities.
SEBI's move can increase investor confidence, facilitate integration with traditional finance, and reduce market volatility.
A unified regulatory framework that addresses the concerns of both the RBI and SEBI is crucial.
International cooperation is essential to create a stable and well-defined ecosystem for cryptocurrencies globally.
#Crypto #crypto #finance #defi #RBI
5. “Exciting Expansion: Google's AI Content Tool Set to Launch in India Soon”
Facts:**
Google to launch its AI-powered content creation tool, Product Studio, in India in the coming weeks.
Product Studio enables merchants to generate images and now videos from text prompts.
Matt Madrigal, vice-president of merchant shopping at Google, made the announcement at the Google Marketing Live event.
Google is expanding its offerings for small businesses in India with this move.
Product Studio was originally launched in the US last year and has since expanded to other countries.
#Software #collaboration #Google #News #business #AI #citi #Enterprise #Market #Technology
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