China passes data protection law

China passes data protection law

China has passed a personal data protection law, state media Xinhua reports (via Reuters). The law, called the Personal Information Protection Law (PIPL), is set to take effect on November 1. It was proposed last year — signalling an intent by China’s communist...
Microsoft backs India’s Oyo at $9.6 billion valuation

Microsoft backs India’s Oyo at $9.6 billion valuation

Microsoft has invested $5 million in Indian budget hotel chain Oyo, according to a regulatory filing this week. The investment confirms a TechCrunch scoop from last month. The new investment values Oyo at $9.6 billion, only slightly below the $10 billion implied...
Top four highlights of Elon Musk’s Tesla AI Day

Top four highlights of Elon Musk’s Tesla AI Day

Elon Musk wants Tesla to be seen as “much more than an electric car company.” On Thursday’s Tesla AI Day, the CEO described Tesla as a company with “deep AI activity in hardware on the inference level and on the training level” that can be used down the line for...