Prime Minister Narendra Modi met with Elon Musk in New York. Prime Minister conveyed his appreciation for Musk‘s efforts at making technology accessible and affordable in various sectors. Modi invited Musk to explore opportunities in India for investments in electric mobility and the rapidly expanding commercial space sector. Modi also met leading American astrophysicist, author and science communicator Neil de Grasse Tyson and exchanged views on inculcating scientific temperament among youth. They discussed at length India’s rapid progress in the space sector including various space exploration missions being undertaken by India. They also discussed opportunities for the private sector and academic collaboration under India’s newly launched National Space Policy.
Meta-owned WhatsApp is set to start allowing users to edit messages after they are sent. “From correcting a simple misspelling to adding extra context to a message, we’re excited to bring you more control over your chats. All you need to do is long-press on a sent message and choose ‘Edit’ from the menu for up to fifteen minutes after,” WhatsApp said in a blog post. WhatsApp’s new editing feature alerts recipients with an ‘edited’ notification, ensuring awareness of corrections while maintaining privacy. End-to-end encryption safeguards messages, media, and edits. The global rollout is underway, granting access to all users soon.
Amazon India has recently downsized its workforce, resulting in the termination of approximately 400-500 employees from various departments, including the Cloud division AWS, People Experience, and Technology Solutions (PXT), which encompasses HR and support verticals. This downsizing aligns with the announcement made by Amazon CEO Andy Jassy in March, stating that the company would be laying off a total of 9,000 employees in divisions such as Amazon Web Services (AWS), Twitch, advertising, and HR.
IBM is set to pause hiring for jobs that can be done by artificial intelligence (AI). According to Bloomberg News, in the coming years, around 7,800 jobs could be replaced by AI, CEO Arvind Krishna said. Hiring will be slowed or suspended for back-office functions such as human resources. In the next five years, Krishna expects 30 per cent of non-customer-facing roles could be automated or replaced by AI. Reduction may involve abstaining from filling positions that become vacant due to attrition.
After UK blocked Microsoft’s $69 billion buyout of the “Call of Duty” maker Activision Blizzard, Microsoft on Friday announced it has signed a 10-year agreement with Nware to bring Xbox and Activision Blizzard games to the Spanish cloud-gaming platform. The agreement is seen as the tech giant’s latest effort to allay concerns that its acquisition of Activision would hinder competition in cloud gaming.
Amazon has announced the closure of its health-focused division, Amazon Halo, and discontinued its Halo Band, Halo View, and Halo Rise devices. Amazon Halo devices and the app will no longer work from August 1. The move has resulted in the layoff of employees from the Halo team. Customers who bought Amazon Halo View, Amazon Halo Band, Amazon Halo Rise, and Amazon Halo accessory bands in the last 12 months will receive a full refund.
“Since we launched Reels, AI recommendations have driven a more than 24% increase in time spent on Instagram….Reels also continue to become more social with people resharing Reels more than 2 billion times every day, doubling over the last six months…Along with surfacing content from friends and family, now more than 20% of content in your Facebook and Instagram feeds are recommended by AI from people, groups, or accounts that you don’t follow. Across all of Instagram, that’s about 40% of the content…Our AI work is also improving monetization. Reels monetization efficiency is up over 30% on Instagram and over 40% on Facebook quarter over quarter. Daily revenue from Advantage+ Shopping Campaigns is up 7x in the last six months.”
Thiruvananthapuram — Prime Minister Narendra Modi laid the foundation stone of The Digital Science Park – a research facility for developing digital products and services in collaboration with academia — here. The park is aimed to support the development of Industry 4.0 technologies such as AI, Data Analytics, Cyber Security, and Smart Materials. It will offer common facilities to facilitate product development and high-end applied research by industries in association with universities. It is a third-generation Science Park with state-of-the-art infrastructure. The total estimated cost of the project is approximately Rs 1515 crore, with an initial investment of around Rs 200 crore for Phase-1.
“Kids are born digital, they’re digital kids now… And it is, I think, really important to set some hard rails around it (screentime)… We make technology to empower people to be able to do things they couldn’t do, to create things they couldn’t create, to learn things they couldn’t learn. And I mean, that’s really what drives us. We don’t want people using our phones too much. We’re not incentivized for that. We don’t want that…”
- Apple CEO Tim Cook in an Interview to GQ Magazine
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