Byju’s Sued 🤝, Nokia UPI 💳, Apple ChatGPT 🔐

Catch up on the latest in tech, business and startups - all in 5 minutes. [Newsletter Banner] Daily News Roundup Welcome to today's edition of the NextBigWhat Daily News! Today's top stories include Byju’s Alpha being sued, Nokia introducing UPI-enabled phones, and Apple limiting ChatGPT access. 📰 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( 🇮🇳 IndiaTech: Latest tech and startup news. Byju’s Alpha sued by agent linked to $1.2 billion loan - In order to rework a contract governing a $1.2 billion loan that is in violation of covenants, Byju’s reportedly asked lenders for more time earlier this year. The company’s request to restructure its debt by increasing the interest rate was rejected by the lenders. - The lawsuit was brought against Byju’s Alpha, Tangible Play, Inc., and Riju Ravindran by Glas Trust Company and investor Timothy R. Pohl. Nokia introduces feature phones with in-built UPI payment capabilities in India - HMD Global launches Nokia 105 2023 and Nokia 106 4G priced at Rs 1,299 and Rs 2,199. - Both phones equipped with UPI 123PAY for secure digital transactions. - Available for purchase starting May 18, featuring IPS display, extended battery life, and wireless FM radio. Netflix, Ola, Uber Not Integrated with PIPOnet App, Clarifies NuRe Bharat CEO - NuRe Bharat Network denies integration of Netflix, Ola, Uber with PIPOnet app. - Company presentations used names as examples of entertainment, travel facilities PIPOnet aims to provide. - NuRe Bharat holds exclusive rights to sell and monetize RailTel’s Wi-Fi services across 6,109 railway stations. Ashneer Grover criticizes 20% TCS on international credit card usage - Ashneer Grover, ex-BharatPe chief, slams the Indian Finance Ministry’s amended tax rule on international credit card spending. - Effective July 1, 2023, international credit card spending will attract 20% TCS, under the Liberalised Remittance Scheme (LRS) overseen by RBI. - Grover highlights the disparity, noting that political donations never attract TCS and enjoy income tax exemptions. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( 🌎 GlobalTech: Trending global tech news. Microsoft Accused of Violating Twitter API Policies - Twitter sends letter to Microsoft over unauthorized API usage. - Alleged violation comes after Elon Musk’s public criticism of Microsoft. - Further details on the alleged violation not disclosed. Google Revises Inactive Account Policy, YouTube Videos Safe - Inactive accounts older than 2 years will be deleted, but YouTube videos remain untouched. - Deletion will mainly focus on old Google Workspace and Google Photos accounts starting December 2023. - Google aims to reduce fraud and save server costs with new policy. Alibaba announces spinoff of Cloud Intelligence Group - The Cloud Intelligence Group will become an independent publicly listed company. - Alibaba Cloud is the third largest IaaS public cloud provider globally. - The move aims to unlock value, making cloud computing more accessible and affordable. 1Password launches Passage to enable passkey authentication for businesses - Passage by 1Password helps businesses integrate passkey logins across multiple platforms. - Biometric-based passkeys offer improved security and ease of use compared to passwords and two-factor authentication. - Passkey Complete and Passkey Flex available for free for up to 1,000 monthly active users. 🤖 AI: Latest in AI and ML. OpenAI introduces ChatGPT app for iOS - App features include voice input, syncing history across devices, and ChatGPT Plus subscription access. - App poses potential challenge to Google with an ad-free interface and direct access to ChatGPT. - Android version and expansion to other countries expected soon. Apple Limits Employee Access to ChatGPT Amid Leak Concerns - Apple restricts use of ChatGPT and other external AI tools for some employees. - Company developing its own similar technology. - Move follows trend among businesses to prevent potential leaks. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](