
Sam Altman's eye-scanning identification tech expands to UK
Synopsis
Tools for Humanity, co-founded by Sam Altman, is launching its eye-scanning Orb devices in the UK, starting in London and expanding to other major cities. This global expansion aims to provide a unique digital identity, World ID, to combat AI-driven identity theft and misinformation.

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Time of India
an hour ago
- Time of India
Jio BlackRock MF provies early access to investors through digital investment platform
Mumbai: JioBlackRock Asset Management, the 50:50 joint venture between Jio Financial Services and BlackRock, has announced the appointment of its leadership team and launched a website offering early access to its digital-first investment platform. The company is preparing to enter India's asset management market after receiving regulatory approval on May 26 to begin mutual fund early access initiative allows prospective investors to preview the firm's value proposition and engage with educational content on the basics of investing. Registered users will also gain access to the investment platform once it is launched. The initiative aims to familiarise investors with the firm's digital-first model, focused on accessibility and ease of use. Managing Director and CEO Sid Swaminathan said, 'This is a milestone moment for JioBlackRock Asset Management. The leadership team is working hard on our value proposition of innovative products at competitive and transparent pricing.' He said the company would launch a range of offerings in the coming months, including those that apply BlackRock's data-driven investing capabilities. The leadership team brings together experience across asset management, digital strategy, and product design. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo According to the company, its approach will combine BlackRock's global investment expertise with Jio's digital reach to offer cost-efficient and accessible investment solutions. Swaminathan, who previously headed international index equity at BlackRock and oversaw $1.25 trillion in assets, was appointed CEO following regulatory clearance. He also led fixed income portfolio management for Europe, with a focus on systematic and indexed aims to serve a wide investor base by offering educational content and user-friendly tools, in line with the broader objective of expanding financial inclusion. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now


Time of India
an hour ago
- Time of India
Rapido's food delivery war chest; Starlink's gotcha moment
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This led India's home ministry to escalate the matter to the telecom department (DoT) in March, officials aware of the details told us. Crackdown possible: Threat perception: Sponsor ETtech Top 5 & Morning Dispatch! Why it matters: The opportunity: Reach a highly engaged audience of decision-makers. Boost your brand's visibility among the tech-savvy community. Custom sponsorship options to align with your brand's goals. What's next: Meta to throw billions at startup that leads AI data market Driving the news: Tell me more: Win-win: Consumer watchdog directs etailers to shun dark patterns What's the news: Break it down: The CCPA categorises these tactics as: For context: AI to replace coders? Not just yet, says Google CEO Sundar Pichai What did he say? Pichai noted that while AI now supports around 30% of the code written at Google, it is unlocking new possibilities and helping people achieve more. AI, he explained, handles the repetitive and time-consuming aspects of coding, freeing developers to focus on creativity, collaboration, and problem-solving. What else? Rapido has bagged fresh capital from an investor ahead of its food delivery rollout. This and more in today's ETtech Top 5.■ Meta's new AI bet■ War on dark patterns■ Pichai on coding jobsNexus Venture Partners will invest Rs 125 crore (around $15 million) in mobility unicorn Rapido as a part of a larger financing round last year that valued it at $1.1 billion, the urban mobility platform said in a filing with the Registrar of Companies (RoC).The fresh infusion precedes Rapido's food delivery push , with a pilot in Bengaluru due to start later this month or early July. To this end, Rapido finalised its food delivery partnership terms with restaurants, offering commissions nearly half of what rivals Swiggy and Zomato bike-taxi riders currently have a limited, non-exclusive 'idle-time' partnership with Swiggy for food delivery in selected move comes amid rising complaints from small restaurant owners about what they call 'steep charges' from Zomato and could be forced to disclose details about its satellite kits that were seized in India before the company received formal approval to operate . Indian security agencies have raised concerns over the unauthorised use of Starlink equipment, particularly in sensitive border DoT may issue a show cause notice to Starlink and could even revoke its permit if the company continues to withhold the requested commercial satellite communication services via low earth orbit (LEO) networks like Starlink, is still relatively new, its implications for national security remain unclear. With Starlink now live in India's neighboring countries such as Bhutan and Bangladesh, there are fears that the terminals could be smuggled into Top 5 and Morning Dispatch are must-reads for India's tech and business leaders, including startup founders, investors, policy makers, industry insiders and Reach out to us at spotlightpartner@ to explore sponsorship intelligence startup Scale AI is set to receive a multibillion dollar investment from Meta in what could be the largest private company funding rounds in financing could exceed $10 billion, making it Meta's biggest ever external AI investment, and a rare move for a company that typically builds in-house. Scale was last valued at $14 billion in 2024 after a funding round that involved Meta and put, Scale specialises in data that powers artificial intelligence. It labels the data used by companies like Meta and OpenAI to train and refine their models, and helps businesses build custom AI applications. The company draws on a wide talent pool, from PhD scholars to nurses, to develop more nuanced and capable AI Meta, partnering more deeply with Scale may help it keep pace with AI rivals like Google and OpenAI, while building deeper ties with the US government at a time when it's pushing more into defence tech. For Scale, Meta can be a powerful and deep-pocketed consumer rights authority has instructed all ecommerce platforms to eliminate deceptive and unfair trade practices , commonly known as dark Central Consumer Protection Authority (CCPA) issued an advisory asking online marketplaces to conduct self-audits within three months to identify dark patterns, and ensure their platforms are free from such patterns are manipulative design tactics used to mislead consumers into spending more than they urgency, basket sneaking, confirm shaming, forced action, subscription trap, interface interference, bait and switch, drip pricing, disguised advertisements and nagging, trick wording, SaaS billing, and rogue May, consumer affairs minister Pralhad Joshi met with stakeholders to address growing concerns around dark patterns and explore ways to curb them. The advisory directing platforms to carry out self-audits follows from that that fail to comply with the guidelines will face legal action, the minister rise has prompted many executives and studies to suggest that it could replace human jobs. But Google CEO Sundar Pichai offered a more optimistic view in a recent interview with Lex also confirmed that Google still plans to hire more engineers next emphasised that the real value lies in how much AI is improving productivity, particularly in what Google calls "engineering velocity," a measure of how quickly and effectively development teams can deliver updates and to Google's internal estimates, AI has boosted engineering velocity by around 10%.


Time of India
2 hours ago
- Time of India
Ayodhya land prices: Circle rates revised first time in 8 years; soar up to 200%
For the first time in eight years, Ayodhya has seen a sharp revision in its circle rates, with property prices rising between 30% and 200% across various parts of the district, officials told PTI. The prices are particularly steep within a 10-kilometre radius of the Ram Janmabhoomi Temple, an area witnessing a real estate boom fuelled by religious tourism and rapid infrastructure growth. Here, circle rates have jumped over 150%, pushing land values in the prime zone to Rs 26,600–27,900 per square metre, compared to Rs 6,650–6,975 earlier. Shanti Bhushan Chaubey, sub-registrar of Sadar (Faizabad) tehsil, said the hike followed a proposal submitted last September. 'After addressing objections, the new circle rates were approved by District Magistrate Tikaram Funde and have now been enforced,' he said. According to Chaubey, the sharpest hikes were recorded in areas with the most land activity. 'Localities like Rakaabganj, Devkali and Avadh Vihar residential schemes are now the most expensive in the district,' he added. The revision has been made across residential, commercial, and agricultural categories, with rates varying depending on location-specific demand and usage. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo The rates, that came into effect on Monday, are drawing mixed reactions from the real estate sector. Saurabh Vikram Singh, director of a builders' firm in Ayodhya, said, 'An increase in the circle rate also means an increase in stamp duty. However, this benefits landowners by enhancing the official value of land, thereby aiding in better loan appraisals and property valuations.' Vivek Agrawal, a local developer, believes the revision could lead to more transparent property deals. 'The problem of 'number one and number two' — referring to white and black money in real estate deals — can be addressed with realistic circle rates. This promotes transparency,' he said. Circle rate is the minimum value at which a property is registered and plays a key role in determining stamp duty, as well as compensation in land acquisition cases. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now