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ByteDance prepares Meta's Muse-like agent in push to close AI gap
ByteDance is preparing to release an AI assistant similar to Muse by Meta Platforms soon. Co-founder Zhang Yiming has shared his vision of competing with companies like Anthropic and OpenAI by 2030. The company intends to invest up to $70 billion in developing the Seedance video AI platform.
‘Indian cinema needs more like him’: Shekhar Kapur praises Ramayana producer Namit Malhotra
Filmmaker Shekhar Kapur praised Ramayana producer Namit Malhotra, saying Indian cinema needs more ambitious and committed people like him. Karan Johar and SS Rajamouli also applauded the film's scale, performances and cinematic vision. Starring Ranbir Kapoor, Yash and Sai Pallavi, Ramayana: Part 1 has reportedly crossed the Rs 800 crore mark worldwide.
Quote of the day by Tim McGraw: 'Time can make a feeling fade, but the memory of a first love never fades away' - Why forgetting the first love of life is always difficult explained by the American country singer
Tim McGraw's 1999 hit song Something Like That explores how the memories of first love can stay with us even as emotions fade over time. Featuring the lines "Like an old photograph time can make a feeling fade, but the memory of a first love never fades away", the song tells the story of a teenage romance, an unexpected reunion and the moments that remain unforgettable years later.
CM Chandrababu Naidu wants to scrap Rs 500 notes, wants only currency like 100 and Rs 200 in circulation to help tackle corruption
Indian rupees news: N Chandrababu Naidu has reiterated his demand to withdraw high-denomination currency notes like Rs 500. He believes that limiting circulation to Rs 100 and Rs 200 can help tackle corruption effectively. While the Reserve Bank of India is exploring plastic notes for lower denominations, no proposals exist to replace paper currency entirely. Additionally, discussions around digital payments highlight their complementary relationship with physical banknotes.
Congress leader Rahul Gandhi likely to visit Imphal on November 26
Rahul Gandhi is expected to visit Imphal on November 26 to meet internally displaced persons and assess the situation. He aims to understand the ongoing violence and insecurity that have affected the state. Recent ethnic clashes have resulted in significant casualties and a large number of displaced individuals. This trip follows a prior visit to relief camps in Manipur earlier this year.
Prince William-Harry royal family split: William 'acting like Harry and Meghan don't exist' as feud deepens
Prince Harry and Prince William have not reconciled despite Harry's efforts during his recent UK visit. Reports indicate Harry is frustrated with William's distant behavior towards him and Meghan Markle. William, on the other hand, seems uninterested in rebuilding their relationship, as he has avoided direct contact for several years. This ongoing tension between the brothers has been visible, highlighted by their separate Remembrance Day engagements.
India's investment outlook strengthens as credit, exports rebound; inflation relief likely: HSBC
India's investment outlook is improving as credit growth and corporate revenue increase, pointing towards stronger private capital spending. The report from HSBC highlights that funds to the commercial sector have risen significantly compared to previous years. Additionally, rising services exports have helped maintain a steady current account deficit in the economy. However, challenges such as weak rural demand and inflation continue to impact households and corporate margins.
HSBC upgrades India, downgrades China. Here are the sectors it likes now
HSBC has upgraded Indian equities to overweight and downgraded mainland China to neutral, citing improved valuations, stronger credit growth and resilient corporate earnings. The global brokerage favours financials, autos, industrials and consumer discretionary stocks, while remaining cautious on IT, staples and oil and gas amid growth and margin concerns.
Nithin Kamath says speculative craziness brought more people into US markets: ‘Nothing expands markets like greed, FOMO
Zerodha CEO Nithin Kamath highlighted the rapid transformation of US financial markets since COVID-19, driven by crypto, derivatives, NFTs and prediction markets. While speculative trading attracts new investors and expands financial participation, Kamath warned that easy access to high-risk investments could harm individuals and society.
Trump says likely to meet Putin, Xi in China
US President Donald Trump is expected to meet with Chinese leader Xi Jinping and Russian President Vladimir Putin. The meetings will occur during the Asia-Pacific summit in Shenzhen, China, on November 18-19. Discussion topics will include denuclearisation and efforts to end the ongoing war in Iran.
'Ever seen what a widow looks like?': Accused's chilling threat to Tech Mahindra's ex-APAC head before murder
A fatal conflict over parking in Faridabad reached a deadly climax when Monu Sharma shot Paramjeet Dhankhar. Just hours prior, Dhankhar had taken his concerns to the police regarding threats from Sharma. In a calculated move, Sharma summoned Dhankhar to the parking lot, where he unleashed a barrage of nine shots from his licensed firearm, killing Dhankhar instantly. Police have apprehended Sharma and are investigating the roles of his family.
Climate finance, trade likely to be on COP31 table
COP31, scheduled to occur in Antalya from November 9-20, will address significant climate finance and trade issues. Discussions include the funding developed countries owe to developing nations for climate change adaptation. The African Group aims to formalize financial support strategies and assess funding needs for climate initiatives. Additionally, proposals regarding the impact of climate-related trade measures on developing countries have been put forward.
INDIA bloc aims to spread anarchy, bring Bangladesh-like regime change: Union Minister Sukanta Majumdar
Union Minister Sukanta Majumdar accused the INDIA bloc of attempting to undermine constitutional provisions regarding electoral rolls. He stated that allegations of irregularities in the Special Intensive Revision are unsubstantiated and misleading. Majumdar emphasised the historical context of numerous such revisions occurring under Congress rule. He highlighted that significant voter name deletions include shifts, duplicates, and deceased individuals.
India's October consumer inflation likely nears top of RBI target on food costs: Reuters poll
India's consumer inflation is projected to rise in October, mainly driven by significant increases in food prices. Economists expect food inflation to reach 8.20%, reflecting ongoing market pressures. Rising global food prices and higher input costs contribute to the inflationary environment. The Reserve Bank of India anticipates inflation to average 5.2% for the current financial year. A rate hike is likely to occur in the central bank's upcoming policy meeting.
Chinese President Xi Jinping likely to skip ASEAN Summit in Manila: Report
The Philippines' Department of Foreign Affairs (DFA) shared this information on Wednesday while responding to reports about Xi's expected absence from the annual summit, which the Philippines is hosting this year.
Congress wants Bangladesh-like situation, puppet govt in India: Minister Nityanand Rai
In a recent statement, Union Minister Nityanand Rai accused the Congress party of being terrified of impending electoral losses, alleging that they are attempting to shield fraudulent voters. He reported that 13 crore names were deleted during the Special Intensive Revision of electoral rolls. Rai asserted that Congress is jeopardizing India's democratic foundation by siding with infiltrators and prioritizing corruption over the needs of citizens during elections.
Midterm results may slow US visa curbs, but no quick relief likely for IT
The opposition party’s takeover of both chambers of US Congress is expected to bring greater scrutiny of the administration’s policy decisions, potentially slowing further restrictions, industry experts told ET. However, any improvement in sentiment is unlikely to translate quickly into higher hiring or technology spending.
'Chernobyl-like' blackout soon: 'Godfather of AI' predicts crisis this year or next; Nobel laureate Geoffrey Hinton warns of risks to financial markets & power systems
AI could trigger a 'Chernobyl-like' crisis this year or next, Nobel laureate Geoffrey Hinton has warned, cautioning that the technology could temporarily disrupt financial or power systems. Speaking to The Guardian, the 'godfather of AI' also criticised tech leaders Elon Musk, Mark Zuckerberg and Sam Altman for allegedly putting profits ahead of safety, while saying a catastrophe could still be averted.
First known specialized fruit-eating dinosaur named ‘Hell Chicken’ that chewed like a parrot
Fruit-eating dinosaur: Researchers have unearthed a fascinating find with the identification of Infernogallus jamesi, a newly discovered fruit-eating dinosaur from the same era as the T. rex. Resembling a modern turkey in size, its distinctive skull suggests a diet rich in fruits rather than meat. This discovery provides valuable perspectives on the evolution and ecological roles of dinosaurs, hinting at their potential contribution to seed dispersal in prehistoric ecosystems.
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