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LinkedIn lays off 716 employees; shuts China app [details]

Amid mass layoffs, this company announces 800 job openings

Microsoft-owned LinkedIn has laid off 716 employees, as the company makes changes to its Global Business Organisation (GBO), along with shutting down its InCareer app in China.

The company’s CEO Ryan Roslansky said in an email to employees that the move was aimed at streamlining the company’s operations.

“As we guide LinkedIn through this rapidly changing landscape, we are making changes to our Global Business Organization (GBO) and our China strategy that will result in a reduction of roles for 716 employees,” he wrote late on Monday.

LinkedIn.IANS

“If your role is directly impacted by this decision, you will receive a calendar invitation within the next hour for a meeting with a leader from your team and a representative from our GTO,” he added.

He admitted that while the platform is making meaningful progress creating economic opportunities for its members and customers and experiencing record engagement on the platform, “we’re also seeing shifts in customer behaviour and slower revenue growth”.

“In an evolving market, we must continuously have the conviction to adapt our strategy in order to make our vision a reality,” said the CEO.

linkedin

LinkedIn saw record engagement in the March quarter as more than 930 million members globally now turn to the professional social network to connect, learn, sell and get hired.

The LinkedIn revenue increased 8 per cent in the March quarter for the tech giant. In 2016, Microsoft acquired LinkedIn for more than $26 billion.

The company was also in the process of discontinuing product and engineering teams in China and the downsizing of corporate, sales, and marketing functions.

Roslansky said that they will focus China strategy on assisting companies operating in China to hire, market and train abroad.

“As we plan for FY24, we’re expecting the macro environment to remain challenging. We’re adapting as we have done this year and will continue to operate with the ambition we need to deliver on our vision and the pragmatism required to run the business well,” said the CEO.

(With inputs from IANS)

May 9, 2023
No FEMA violations found so far after ED searches at BYJU’S [details

2,500 folks to lose jobs in Byju’s as agency eyes making certain profitability

The preliminary investigation after the current searches at BYJU’S have so far found no Foreign Exchange Management Act (FEMA) violations by the edtech agency, in line with sources.

Sources indicated that the current searches carried out on the premises of BYJU’S in Bengaluru by Enforcement Directorate (ED) and the fabric collected has but to determine any FEMA violations.

The investigations are nonetheless at an early stage and in line with sources, BYJU’S had cooperated and supplied ED with all the mandatory paperwork.

BYJU’s AppSource: Facebook

When contacted, a prime ED official instructed IANS that the BYJU’S investigation is ongoing and “we can’t touch upon the continuing investigation”.

The ED had earlier carried out searches at three premises linked to BYJU’S in Bengaluru, in reference to alleged overseas trade violations.

ED in a tweet had stated that they collected numerous incriminating paperwork and digital knowledge throughout its searches.

FEMA searches additionally revealed that the corporate has acquired overseas direct funding to the tune of Rs 28,000 crore (roughly) throughout the interval from 2011 to 2023.

Byju Raveendran, Founder Byju

Further, the corporate has additionally remitted about Rs 9,754 crore to numerous overseas jurisdictions throughout the identical interval within the identify of abroad direct funding.

A BYJU’S spokesperson had stated that the ED go to “was associated to a routine inquiry beneath FEMA and there was no violations beneath FEMA by BYJU’S.

“We have been utterly clear with the authorities and have supplied them with all the knowledge they’ve requested. We don’t have anything however the utmost confidence within the integrity of our operations, and we’re dedicated to upholding the very best requirements of compliance and ethics,” the corporate spokesperson had stated.

The edtech agency stated that it’ll proceed to work carefully with the authorities to make sure that they’ve all the knowledge they want.

“We are assured that this matter shall be resolved in a well timed and passable method. We need to emphasise that it’s enterprise as typical at BYJU’S,” stated the corporate.

(With inputs from IANS)

May 7, 2023
Google reveals first foldable smartphone ‘Pixel Fold’; leaves little to imagination [details]

Samsung Galaxy Z Fold 4: Unboxing & first impressions

Google will unfold a brand new period of smartphones within the firm’s historical past subsequent week, with its first foldable telephone, the Pixel Fold.

The Pixel Fold will likely be introduced through the Google I/O 2023 occasion on May 10.

The firm didn’t expose a lot particulars however launched a quick teaser video that reveals a full-size outer show on a telephone that opens up equally to Samsung’s Galaxy Z Fold.

Google showcases its first foldable smartphone ‘Pixel Fold’IANS

The digicam bar on the again of Pixel Fold is nearly related to different Pixel gadgets.

“The first foldable telephone engineered by Google. Keep me up to date about gadgets, information, suggestions, and provides from the Google Store — together with the brand new Pixel Fold,” reads the transient description on Google on-line retailer.

The Google retailer permits events to join extra data as soon as it is formally revealed on May 10.

According to experiences, Pixel Fold is probably going to be a 5.8-inch telephone that folds out right into a 7.6-inch pill.

It’ll reportedly have a Google Tensor G2 processor and should price over $1,700.

Google.IANS

Earlier, well-known leaker Evan Blass posted some leaked photos on Twitter, showcasing a big display on the skin and a fair bigger display inside, signalling a big development in foldable show expertise.

The telephone may characteristic a 9.5MP front-facing digicam and an 8MP selfie digicam on the interior show, additionally may charge IPX8 water resistance and have USB type-C 3.2 gen 2, in accordance to experiences.

The new system is probably going to are available two color variants — Porcelain and Obsidian (black).

(With inputs from IANS)

May 5, 2023
Accenture rejigs top India leadership; Chairperson Rekha Menon to retire [details]

Free COVID vaccine for Infosys, Accenture employees

Accenture on Friday announced new appointments to its leadership team in India, saying that Rekha M. Menon, Senior Managing Director and Chairperson for Accenture in India, will retire as of June 30 after serving for 20 years at the company.

Ajay Vij has been appointed to the newly-created role of Country Managing Director, and Sandeep Dutta takes over as the lead for its India Market Unit, the company said in a statement.

The primary responsibilities of the Chairperson will now be undertaken by the new appointees in the country.

Accenture rejigs top India leadership, Chairperson Rekha Menon to retireIANS

“Menon helped build a strong foundation for Accenture in India across many aspects of our business and leaves behind an outstanding legacy of accomplishments and impact for our clients, our people and our communities,” said Leonardo Framil, Accenture’s CEO for Growth Markets.

During her 20-year career at Accenture, Menon has held various roles across the company’s growth markets.

“I would also like to congratulate Ajay and Sandeep on their well-earned appointments and new responsibilities,” Framil added.

Rekha M. Menon, Chairman of Accenture, IndiaYouTube- screengrab

Vij will expand his current responsibilities as the Corporate Services and Sustainability lead for India to provide overall leadership and drive coordinated decision-making for key company priorities.

Dutta will now lead Accenture’s India Market Unit, serving as our India business lead responsible for driving business and operations in the domestic market, focusing on growth, market differentiation, and clients, said the company.

Accenture currently has 738,000 people serving clients in more than 120 countries.

(With inputs from IANS)

May 5, 2023
Samsung launches 2023 Neo QLED 8K TVs; here’s a look at “wow” elements [full details]

Samsung Galaxy S23, S23 Plus first look and impressions

Samsung on Thursday launched ultra-premium 2023 Neo QLED 8K TVs and Neo QLED 4K TVs, in sizes ranging from 50 to 98 inches. The Neo QLED 8K TVs start from Rs 314,990 while Neo QLED 4K TVs will be priced starting Rs 141,990 onwards.

Consumers buying Neo QLED TVs until May 25 can get a free Samsung Soundbar HW-Q990 worth Rs 99,990 with select Neo QLED 8K TVs and Samsung Soundbar HW-Q800 worth Rs 44,990 with Neo QLED 4K TVs, said the company.

Samsung launches 2023 Neo QLED 8K TVs; here’s a look at “wow” elements [full details]Samsung

“In 2023, we are pushing boundaries of innovation to offer consumers more than just premium picture quality, but a holistic, premium device experience tailored to what they need and want out of their connected home. Our latest Neo QLED TVs are ‘More Wow than Ever’. They are beautiful, accessible and sustainable with eco-conscious technologies, offer immersive gaming and with SmartThings, our advanced technology is seamless and intuitive, making life more convenient and enjoyable everyday. With these ultra-large screens, 8K resolution and next-level image and sound quality, we are confident that Neo QLED TVs will strengthen our leadership in the premium TV market in India,” JB Park, President & CEO, Samsung Southwest Asia, said in a statement.

What the new TVs offer?

The new TVs come with a Calm Onboarding feature with built-in IoT Hub for an ultimate connected device experience. Consumers can explore a new world of gaming with Samsung Gaming Hub and Motion Xcelerator Turbo Pro that are built into the new TVs. Samsung said these new TVs are more sustainable than ever before with their SolarCell Remote that eliminates battery waste and the use of recycled packaging materials that can be upcycled into multi-purpose furniture. In addition, AI Energy mode on the TV reduces energy consumption by 20 per cent by reducing TV brightness as per ambient light.

Boasting unparalleled picture and audio quality, Samsung’s new Neo QLED TVs are powered by Quantum Matrix Technology that powers up to 33 million pixels and delivers a billion colours. The picture quality is further enhanced by Samsung’s advanced Neural Quantum Processor, which supports the Quantum Mini LED-lit TV with 14-bit processing and AI upscaling, enabling features such as Shape Adaptive Light Control and Real Depth Enhancer Pro for a three-dimensional, lifelike picture.

Samsung launches 2023 Neo QLED 8K TVs; here’s a look at “wow” elements [full details]Samsung

For the audiophiles, the new TVs have Q Symphony 3.0 which uniquely allows TV and soundbar speakers to operate simultaneously for an immersive surround effect, in addition to Dolby Atmos and Object Tracking Sound Pro with action-tracking sound from all corners of the TV.

Samsung Neo QLED TV range is also designed to fulfill gamers’ desires. It has Motion Xcelerator Turbo Pro that ensures high-speed gaming by delivering crisp visuals and high speeds. The Game Motion Blur eliminates lag and motion blur, delivering content at 144Hz refresh rate. Gamers will also like the Mini Map Zoom, which allows players to see the mini-map of their game at a glance on any display.

Packing all these features inside a sleek Infinity Screen & Infinity One Design blends perfectly with any setting. Other notable features include SlimFit Cam for video calls, Multi-View to view content from four different sources simultaneously, Bixby and Alexa integration, and a familiar Tizen OS.

May 4, 2023
After Phone (1) success, Nothing teases Phone (2); says it’ll be a “premium” offering [details]

Apple telephones to be inbuilt K’taka quickly, to create 1 lakh jobs: CM Bommai

London-based client electronics firm Nothing on Wednesday introduced that the corporate will be releasing the Phone (2) this British summer season.

The firm stated that the Nothing Phone (2) will be powered by Snapdragon’s 8 Series processor and can be a extra “premium” offering.

Moreover, it added that the second smartphone may even be obtainable to buy within the US for the primary time.

Nothing Phone (2)

Earlier, Manu Sharma, Vice President and General Manager, Nothing India, informed IANS that they’ve learnt their classes with the primary smartphone and once they launch their second offering in India quickly, it’s going to be an industry-leading system.

“On Flipkart, we now have a ranking of 4.4 for Nothing Phone (1) from an earlier 4.2 ranking after bettering consumer expertise. When we launched Android 13 on Phone (1), the customers’ response was implausible. We would carry our learnings to Phone (2) which can be an industry-first with our iconic design philosophy,” Sharma elaborated.

Nothing Phone (1)

“We now have a presence in 2,000 offline shops in India. We are prone to foray into launching our personal retail retailer in India subsequent 12 months as we broaden product portfolio,” he added.

The firm’s first product, Ear (1), was obtained effectively. Following its success, the corporate’s smartphone product Phone (1) was launched in July 2022.

(With inputs from IANS)

May 3, 2023
Godfather of AI leaves Google, speaks about dangers of superintelligence [details]

“If you do not perceive Punjabi then Google it…”: Diljit Dosanjh lashes out at folks ‘spreading negativity’ stating he disrespected Indian flag

Geoffrey Hinton, extensively touted to be the Godfather of synthetic intelligence has left Google, as he needs to freely disclose the dangers related to superintelligence.

Hinton made this choice after he served Google for greater than a decade, the place he acted because the grasp mind to develop AI techniques corresponding to ChatGPT.

Geoffrey HintonYouTube

“I left in order that I might discuss about the dangers of AI with out contemplating how this impacts Google, Google has acted very responsibly,” he tweeted.

Hinton, who’s aged 75, additionally admitted that the irreversible age issue is another excuse behind taking such a call.

“I’m 75, so it is time to retire,” stated Hinton.

In a current interplay with BBC, Hinton stated that some of the dangers related to chatbots are fairly scary.

“Right now, they (chatbots) usually are not extra clever than us, so far as I can inform. But I believe they quickly perhaps,” stated Hinton.

However, he predicted that chatbots might quickly overtake human consciousness ranges.

“I’ve come to the conclusion that the sort of intelligence we’re creating may be very totally different from the intelligence now we have. We’re organic techniques and these are digital techniques. And the massive distinction is that with digital techniques, you could have many copies of the identical set of weights, the identical mannequin of the world,” he added.

Jeff Dean, one of the chief scientists at Google appreciated Hinton for his foundational breakthroughs in AI.

“We stay dedicated to a accountable strategy to AI, we’re regularly studying to know rising dangers whereas additionally innovating boldly,” stated Dean, CNN reported.

According to a New York Times report, Hinton’s main breakthrough in AI got here whereas working with two graduate college students in Toronto in 2012. The trio efficiently developed a system which might analyze pictures and establish frequent components, corresponding to canines and vehicles.

According to Hinton, AI might flip harmful if it reaches the fingers of dangerous actors.

“You can think about, for instance, some dangerous actor like [Russian President Vladimir] Putin determined to present robots the power to create their very own sub-goals,” added Hinton.

He additionally fears that AI will upend the job market the place initially human staff will probably be complemented, however later will get changed.

A decade again, legendary British scientist Stephen Hawking had additionally warned that the rise of AI might spell an finish to the human race.

“The improvement of full synthetic intelligence might spell the top of the human race,” Hawking instructed BBC.

He added: “It (AI) would take off by itself, and re-design itself at an ever-increasing charge. Humans, who’re restricted by sluggish organic evolution, could not compete, and can be outmoded.”

May 2, 2023
Flipkart expands footprint in Telangana with new fulfillment centre; bolsters supply chain infra [details]

Flipkart Group walks the speak; empowering 20mn Indians in subsequent decade by means of Flipkart Foundation

India’s main e-commerce participant Flipkart has expanded its footprint in Telangana and strengthened its supply chain infrastructure with the launch of a new fulfillment middle in Sangareddy.

The facility will assist the supply and logistics of a variety of product classes, together with furnishings and enormous home equipment, supplied by hundreds of native sellers and MSMEs in Telangana, offering them entry to a nationwide market.

Spread over 4 lakh sq. toes, the fulfillment centre will additional Flipkart’s dedication to India’s digital commerce evolution by empowering native sellers, employable youth, and clients whereas making e-commerce extra inclusive and accessible.

Flipkart expands footprint in Telangana with new fulfillment centre

Flipkart mentioned its supply chain operations have contributed to the expansion of Telangana’s financial system by creating over 40,000 direct and oblique jobs.

The firm’s e-commerce platform has up to now empowered greater than 14,000 sellers in the state to hitch the mainstream financial system and cater to the rising shopper demand in the nation.

KTR inaugurates facility

Telangana’s minister for trade Okay. T. Rama Rao nearly inaugurated the fulfillment centre nearly from Hyderabad. Government of Telangana Secretary for trade and commerce Jayesh Ranjan, Flipkart Group CEO Kalyan Krishnamurthy had been additionally current.

Some of Flipkart’s key investments in Telangana embrace the institution of six fulfillment facilities for making thousands and thousands of merchandise, together with residence home equipment, furnishings, giant home equipment, and grocery out there. With near 100 distribution hubs in the state, it collectively generates over 40,000 job alternatives.

About 5,000 kiranas in Telangana, are additionally related with Flipkart’s Kirana Delivery program, making lakhs of deliveries that increase their revenue. Last 12 months, Flipkart signed an MoU with the Society for the Elimination of Rural Poverty to advertise market entry and development for Farmer Producer Organizations and Self-Help Groups in Telangana, to allow entry for them to Flipkart’s pan-India buyer base.

Flipkart expands footprint in Telangana with new fulfillment centre

Flipkart has a inexperienced information middle positioned in the state, powered by renewable vitality, that strengthens the know-how infrastructure and underlines the corporate’s efforts in the direction of constructing a sustainable worth chain.

Speaking on the event, minister KTR advised to Flipkart to create a mannequin for the remainder of the nation by taking excellent care of gig staff.

“As we go alongside the journey in e-commerce enterprise, we should handle the gig staff. We ought to be sure that they really feel safe, and their livelihoods, households are protected. It’s our responsibility to see to it that they aren’t affected by components extraneous and past their management. We ought to construct credibility, and aspiration amongst kids to work in the e-commerce sector. Let’s create a novel mannequin that can function a press release from Telangana,” he mentioned.

He advised a mannequin that features a tripartite association amongst authorities, e-commerce corporations, and advertising and marketing distributors and companions to safeguard the livelihoods of the gig staff.

The minister additionally advised that the e-commerce corporations be a part of palms with Telangana Academy of Skills and Knowledge (TASK) to create a readily employable workforce with required expertise.

He noticed that the centricity of Telangana makes it a super place to turn out to be a logistic hub, hub to disseminate providers and good to eight states adjoining it and connecting level between North and South.

KTR additionally advised that the corporate use the providers of girls self-help teams to make use of extra girls and supply higher livelihood alternatives in rural areas.

May 2, 2023
Garmin India launches Forerunner smartwatches with AMOLED displays; starts at Rs 50,490 [details]

Apple telephones to be in-built K’taka quickly, to create 1 lakh jobs: CM Bommai

Leading wearable model Garmin on Sunday launched Forerunner 965 and Forerunner 265 smartwatch sequence, with high-resolution AMOLED shows in India.

Priced at Rs 50,490, the Forerunner 265 is available in Black and Aqua colors, whereas the Forerunner 965 is available in Black and Amp Yellow choices priced at Rs 67,490, that are available for purchase throughout on-line and offline shops.

Garmin India launches Forerunner smartwatches with AMOLED showsIANS

“Over the years, the Forerunner has developed right into a trusty companion for all runners all over the world and has been offering them with exact knowledge evaluation. We are excited to have some of the credible runners from India — Hima Das for the launch of essentially the most highly effective Forerunner smartwatches; Forerunner 965 & 265 but,” Missy Yang, Marketing Head, Garmin ASIA & SEA stated in an announcement.

Designed for triathletes, passionate and elite runners, the brand new GPS operating smartwatches comes totally geared up with an array of coaching options like stress, sleep, maximal oxygen consumption (VO2 Max), coaching standing/load, coaching effectiveness, and respiration price, in keeping with the corporate.

Garmin India launches Forerunner smartwatches with AMOLED showsGarmin

The Forerunner 965 encompasses a titanium bezel, a 1.4-inch AMOLED show and battery lifetime of as much as 23 days in smartwatch mode and as much as 31 hours in GPS mode, whereas the Forerunner 265 comes with a Ground Gorilla Glass 4 lens, with an choice of 1.3-inch AMOLED show, that includes a battery lifetime of as much as 13 days in smartwatch mode and as much as 20 hrs in GPS mode.

Moreover, each the smartwatches come geared up with the “Stamina and Acute Chronic Workload Ration” options to trace and assist customers handle their bodily exertion all through a run, to forestall “bonking” by overexerting too early in a run for smarter and fewer strenuous coaching, the corporate stated.

(With inputs from IANS)

April 30, 2023
“Chinese hackers outnumber our cyber staff 50 to 1”: FBI director amid growing cyber threats [details]

Hackers focusing on govt officers with tailor-made clickbaits for phishing assaults

The US Federal Bureau of Investigation (FBI) Director Christopher Wray has revealed that Chinese hackers outnumber FBI cyber staff 50 to one.

The disclosure got here because the US and different international locations are going through immense cyber threats, notably from China.

“To offer you a way of what we’re up in opposition to, if every one of many FBI’s cyber brokers and intel analysts centered completely on the China menace, Chinese hackers would nonetheless outnumber FBI Cyber personnel by not less than 50 to 1,” Wray mentioned throughout a (*50*) Appropriations subcommittee assembly, reviews CNBC.

China has “an even bigger hacking programme than each different main nation mixed and has stolen extra of our private and company knowledge than all different nations — huge or small — mixed,” he informed the Congress panel.

Other international locations like Russia, Iran and North Korea additionally pose vital cybersecurity issues.

The FBI is at present probing greater than 100 “ransomware variants” with “scores of victims” for every.

At least 30,000 organisations throughout the US, together with authorities and industrial corporations, have been hacked by China-based menace actors in 2021 who used Microsoft’s Exchange Server software program to enter their networks.

Cyber safetyIANS

According to KrebsOnSecurity, the China-based espionage group exploited 4 vulnerabilities in Microsoft Exchange Server e-mail software program.

The vulnerabilities allowed hackers to acquire entry to e-mail accounts, and in addition gave them the flexibility to set up malware, in accordance to Microsoft which reported concerning the China-based menace actors however didn’t reveal the size at which tens of 1000’s of organisations have been hit.

Nine federal businesses and about 100 non-public sector firms have been compromised because of an earlier SolarWinds hack, the White (*50*) had mentioned.

In a widespread cyber-attack on US federal businesses and enterprises through SolarWinds software program, hackers additionally broke into the networks of NASA and the Federal Aviation Administration (FAA).

(With inputs from IANS)

April 30, 2023