Dola Sen condemns Kailash Vijayvargiya’s remark, says there was no BJP during freedom movement
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The integration of OpenAI's technology into Microsoft-owned Bing has driven people to the little-used search engine and helped it compete better with market leader Google in page visits growth, according to data from analytics firm Similarweb.
Page visits on Bing have risen 15.8 percent since Microsoft unveiled its artificial intelligence-powered version on February 7, compared with a near 1 percent decline for the Alphabet-owned search engine, data till March 20 showed.
The figures are an early sign of the lead the Windows maker has taken in its fast-moving race with Google for generative AI dominance, thanks to the technology behind ChatGPT, the viral chatbot that many experts have called AI's "iPhone moment".
They also underscore a rare opportunity for Microsoft to make inroads in the over $120 billion (nearly Rs. 9,89,600 crore) search market, where Google has been the dominant player for decades with a share of more than 80 percent.
Gil Luria, an analyst at DA Davidson & Co, said that he expects Bing to gain market share in search over the next coming months, especially if Google continues to delay the integration of generative AI into its product.
While Bing AI has been available to most users around the world since February, Google began the public release of its chatbot Bard only on Tuesday.
"Bing has less than a tenth of Google's market share, so even if it converts 1 percent or 2 percent of users it will be materially beneficial to Bing and Microsoft," Luria said.
App downloads for Bing have also jumped eight times globally after AI integration, according to app research firm Data.ai. Downloads for the Google search app fell 2 percent in the same period, the data showed.
Still, some analysts said that Google, which in the early 2000s unseated then leader Yahoo to become the dominant search player, could overcome the early setbacks to maintain its lead.
"Google's ranking algorithm can have a competitive edge over that of competitors", Yongjei Jeong, an analyst at Mirae Asset Securities in South Korea said, referring to how Google's algorithm helped it beat Yahoo Search.
© Thomson Reuters 2023
The Federal Trade Commission said on Wednesday it is seeking information from the public on cloud computing companies' business practices including details on their market power, competition and potential security issues.
The US cloud computing business is dominated by four providers that include Amazon.com, Microsoft, Alphabet's Google and Oracle. None of the companies immediately responded to a request for comment.
"Swathes of the economy now seem reliant on a small number of cloud computing providers," said FTC Chair Lina Khan on Twitter. She added that the FTC "is seeking public input on how the current market structure and business practices of cloud providers affect competition and data security."
The FTC and Justice Department under President Joe Biden have taken a strong stance against the perceived abuse of market power by challenging numerous mergers, cracking down on what it calls "junk fees", and other actions aimed at giving consumers more say in the services they use.
Recently, regulators have started to focus on the cloud. Europe's antitrust authority began probing Microsoft's licensing agreements that discouraged rival cloud usage, prompting changes by the company in October that critics still called insufficient. Fees to take data out of various providers' clouds have also drawn scrutiny from smaller players.
FTC staff are interested in the impact of cloud computing on industries including "healthcare, finance, transportation, e-commerce, and defense," according to its press release.
The public will have until May 22 to submit a comment on the FTC "Request for information".
The agency is asking for comments on which segments of the economy rely on a handful of cloud service providers, detail on contract negotiations, incentives to buy more services from a single provider, detail on services provided and information on notifications related to security.
The consumer protection agency noted it has targeted companies that failed to put in place security safeguards to protect data stored on third-party cloud computing services including one involving the alcohol delivery platform Drizly and another focused on education technology provider Chegg.
© Thomson Reuters 2023
The European Union wants to give consumers the right to have worn-out products like washing machines and televisions repaired by producers even after the sales guarantee has expired, to cut waste and make goods last longer.
The European Commission proposed rules on Wednesday that would oblige producers to offer repairs for a product for between five and ten years after it was sold — regardless of whether or not the legal guarantee is still valid.
The rules would apply to fridges, vacuum cleaners, televisions, washing machines and other goods that are deemed "repairable" under EU law. The EU is negotiating rules that would extend the requirement to smartphones and tablets.
European consumers and businesses routinely throw away goods that could be repaired, piling up waste and tossing away parts that could be recovered and reused.
A 2020 survey on behalf of Germany's Environment Agency found that the "first-use" lifespan for products including televisions and large household appliances has decreased in recent years.
Some products were not designed to be easily repaired, while for others it was cheaper to buy a new product than repair an old one, the study found. In many cases, consumers simply replaced still-functioning goods because they wanted a newer version.
Under the EU rules, companies would have to repair a defective product for free within the two-year legal guarantee period, if the cost of repair is cheaper or equal to replacing the product.
After that date, companies must still offer repairs, either for free or for a charge. The EU also wants to launch an online service to help consumers find local repairers and thinks competition with other repairers will keep a lid on costs.
European Consumer Organisation BEUC welcomed the proposal, but said it would have made more sense to extend the legal guarantee period for long-lasting products like fridges.
The EU is negotiating a handful of policies designed to nudge companies towards making more sustainable products, and give consumers clearer information about the environmental impact of what they consume.
A second law, proposed by Brussels on Wednesday, would force companies to verify claims that their products are "green" or "eco-friendly".
EU countries and the European Parliament must negotiate and approve both laws, a process that typically takes more than a year.
© Thomson Reuters 2023
The rivalry between India and Australia on the cricket field has always been quite bitter but star batsman Virat Kohli believes that the behaviour of the players has gotten better with time thanks to the Indian Premier League (IPL). In a recent conversation with South Africa legend and his former Royal Challengers Bangalore teammate AB De Villiers, Kohli said that the competitiveness is still quite there between the two sides but the sledging is not ‘nasty' thanks to the time that the players have spent with each other as part of various IPL teams.
"The IPL has changed quite a few things. The cricket is still competitive but the verbals and the sledging is not nasty anymore. It has become a game of mutual respect and admiration. Still, you can say that they have the same hunger," Kohli said in the podcast with his ex-RCB teammate.
"The stuff which was too intense and things that created tension between the teams has significantly gone down, that's what I have experienced this year but not the competitiveness."
Tensions were high during the recently concluded Test series between the two teams but Kohli made it clear that the rivalry will strictly be restricted to the cricket field.
"I think it is a nice thing forward, it is progressive and if the tensions rise in tournaments like World Cups, you see that anyway. So, I think it is nice to have the camaraderie within the players," he said.
"It is fun to be competitive and not with nastiness," the star batter concluded.