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Thursday 16 December 2021

Apple delays return to office indefinitely: Report

Apple Inc. is delaying its return to office plans indefinitely, Bloomberg reported, while the company said it has temporarily closed three stores in the US and Canada after a rise in Covid-19 cases.

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AWS recovers from brief outage affecting third-party services

Amazon Web Services' dashboard that logs outages showed that it had resolved the issue affecting internet connectivity to Oregon and northern California regions.

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Reddit files for US IPO

Social media platform Reddit has confidentially filed for a proposed IPO to the US Securities and Exchange Commission.

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Crypto consolidation is coming; IT minister on $10B chip scheme

India's cryptocurrency bill may not be introduced in the current session of Parliament, we reported yesterday, but it seems the crypto industry has been well and truly spooked by reports of its contents.

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Tuesday 14 December 2021

'Some parts of data bill may be at odds with global frameworks'

These include provisions on non-personal data as well as data flow restrictions, said Katherine Charlet, director, data, Google, while pushing against the country’s data localisation norms.

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Uber looks to sell Didi, other non-strategic stakes: CEO

Speaking at a virtual fireside chat with a UBS analyst, Dara Khosrowshahi said many of the companies Uber has a stake in have recently gone public and are still subject to a lock-up period.

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Cryptocurrency Bill may not be introduced in Winter Session

The issues being debated include the need for wider consultation and seeking comments from the public as well as whether the Central Bank Digital Currency (CBDC) to be introduced by the Reserve Bank of India needs to be a part of this bill or should be dealt with under the RBI Act.

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