A hacker group known as Scattered Spider is being probed for breaching M&S’s systems through a third-party IT services contractor. The attackers may have used impersonation techniques to gain unauthorized access to internal systems, resulting in leaked customer data, operational disruptions and an estimated financial hit of over ÂŁ400 million. Also Read: Rahul Matthan: Brace…
The hype around 10-minute delivery apps and online retail in general often blinds us to the still-relevant truth that even today, more than 85% of global retail sales still happen through physical stores. This is classic availability bias—we’re surrounded by people who rave about ordering everything from groceries to the latest smartphones online, even as…
A new study conducted by Google in collaboration with market research firm Kantar has shed light on the current landscape of Generative AI (Gen AI) adoption in India. Surveying over 8,000 individuals across 18 cities, the findings suggest that while enthusiasm around AI is high, its integration into everyday life remains in its infancy. India’s…
China, a closed economy, has already achieved a generative AI breakthrough with DeepSeek’s model. US president Donald Trump is vying to retain America’s dominance in global technology by instituting curbs on AI and high-tech exports. Indian industry stakeholders said an agreement with France can give the country a significant international partner—both as part of its…
In the year to date, Meta Platforms’s shares have significantly outperformed its tech giant peers, rising 54% while the likes of Alphabet’s Google and Microsoft have gone up 18.5% and 12% respectively. Why? Investors have become more sceptical in recent months about how quickly new AI models will economically benefit the customers of cloud giants,…
From diagnosing diseases to conjuring cool images, artificial intelligence (AI) had a free run for long. That may be about to end. The Bureau of Indian Standards (BIS) is preparing a comprehensive set of standards for AI-related applications in India, two people directly involved in the process said. The bureau is consulting the ministries of…
