Monday, October 31, 2022

Webb captures galaxies merging through shroud of dust



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Ransomware hackers hit Australian defence communications platform

The ForceNet service, one of the external providers the defence department contracts to run its websites, has come under attack but so far no data have been compromised, assistant minister For Defence Matt Thistlethwaite said.

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Pay $20 a month for verification badge on Twitter: report

After having sacked the entire top brass at the microblogging platform following his acquisition, Musk now wants to overhaul Twitter's user verification process.

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Foxconn COVID woes may hit up to 30% of iPhone Nov shipments from Zhengzhou plant



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ETSA 2022: And the winners are…

This year’s meeting took place against the backdrop of widespread turmoil across public and private markets, which has slashed the valuations of several startups amid a severe crunch in late-stage funding.

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Elon Musk says Twitter will revise how it verifies users



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Sunday, October 30, 2022

Injustice 2 to Marvel Snap: 6 new games to play on your iPhone



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GoPro Hero 11 Black review: Not just for adventure enthusiasts



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With Twitter, Elon Musk's influence enters uncharted territory

The question now is what he will do with that power, starting with the topic on everyone's mind: Whether or not Musk will allow former US president Donald Trump to return to the site.

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Elon Musk fired Twitter execs in attempt to avoid payouts, layoffs planned: reports

Musk fired Twitter chief executive Parag Agrawal, chief Financial officer Ned Segal and legal affairs and policy chief Vijaya Gadde on completion of a high-profile $44-billion buyout of the social media platform on Thursday.

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Twitter flooded with slurs and derogatory terms after Musk takeover



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5 times Apple’s controversial design decisions sparked debates



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'Twitter Stint Shows Agrawal’s Career Just Getting Started’

Indian-origin technocrat showed grit by staying firm on co’s valuation, tackled situation well under pressure: Experts

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Saturday, October 29, 2022

ET Startup Awards 2022: All the details

The winners of the 2022 edition of the Economic Times Startup Awards, which recognise and celebrate excellence in the Indian startup ecosystem, have been decided.

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Walmart and Ikea continued to bleed in India as losses widen

Ikea India’s net loss went up by 12%, while revenue jumped by 77% in FY22, filings made to the Registrar of Companies and sourced from business intelligence platform Tofler showed.

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Elon Musk Effect: Experts split on what Twitter takeover means for India

Elon Musk, the world’s richest man, completed his $44 billion takeover of Twitter and tweeted that “the bird is freed” followed by “let the good times roll” on Friday.

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Twitter employees in India on 'wait-and-watch' mode post Elon Musk takeover

Twitter India employee said while most employees working out of the country were "in suspended animation", some had also started looking out for other jobs.

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Twitter will form content moderation council, announces Elon Musk

No major content decisions or account reinstatements will happen before that council convenes, Elon Musk announced on Twitter.

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Govt notifies changes to IT Rules 2021, grievance panel to hear complaints

The idea behind setting up of the committees is to give users of social media platforms, including Facebook and Twitter, recourse - other than approaching the courts - to settle complaints.

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Friday, October 28, 2022

Start-studded ETSA jury to pick winners today; Boat raises $60 million, delays IPO

The ten-member jury, spread across India, Silicon Valley, Bellevue (US) and Singapore, will meet virtually today to recognise the brightest and best entrepreneurial leaders in what is shaping up to be a testing year for the startup ecosystem.

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Elon Musk fires Twitter CEO Parag Agrawal, policy chief Vijaya Gadde



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Boat closes $60-million financing through convertible notes, postpones IPO

In January this year, Imagine Marketing – parent of Boat – had filed the DRHP with Sebi to raise Rs 2,000 crore through an IPO with a fresh issue of shares worth up to Rs 900 crore and an offer for sale of shares worth up to Rs 1,100 crore.

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ET Startup Awards: Nominees for CEO of the Year

In recognition of the deepening maturity of India's startup ecosystem -ranked among the top three worldwide, ET Startup Awards is introducing a new category - CEO of the Year.

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Apple rakes in $394 billion in revenue, India scores all-time revenue record



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Grievance panels for social media: Govt to go ahead despite concerns



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Thursday, October 27, 2022

Apple could be working on an ambitious 16-inch iPad model



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Elon Musk visits Twitter office, says 'let that sink in'

Musk is expected to close the deal by October 28 and the company is expected to come under his ownership by 5 p.m. New York time, as lawyers and bankers on both sides race to finalize paperwork.

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A unicorn in the making, Centre writes to Meta over WhatsApp outage, and more

Private equity giant Apis Partners is expected to lead the round and join in as a new investor. Apis is expected to invest roughly $65 million, with the rest of the corpus coming from internal investors and private equity funds.

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Cert-In reports multiple vulnerabilities in Apple iPhones, iPads and Safari

As per the report, the severity rating of the vulnerability is high and said that the vulnerability exists due to inadequate security controls in the AppleMobileFileIntegrity component among a slew of other factors.

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Money View in talks with Apis Partners for $150 million funding round at unicorn valuation

PE giant Apis Partners tipped to lead the round, which is expected to value Money View at a little over $1 billion.

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Online dispute resolution platform Sama raises seed funding from Campus Fund

According to Sama, as of May this year, the Indian judicial system had more than 47 million cases pending in various courts—the subordinate courts had a backlog of almost 41 million cases. There were some 6 million cases in the high courts and more than 70,000 cases in the Supreme Court.

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Elon Musk to address Twitter staff during Friday visit

Twitter is expected to come under Elon Musk’s ownership by 5 p.m. New York time on Oct. 28, as lawyers and bankers on both sides race to finalize paperwork.

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Wednesday, October 26, 2022

‘Low-cost model powered India’s digital transformation,’ says Google after second CCI penalty



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ETSA 2022 nominees; CCI fines Google again; and Policybazaar expects profitability by FY24

After revealing the ten-member, high-powered The Economic Times Startup Awards (ETSA) 2022 jury and the nominees for Bootstrap Champ, Top Innovator, Comeback Kid, Social Enterprise and Best on Campus, today we bring to you the contenders for two more important categories - Woman Ahead and Midas Touch. That is not all, we have other big stories lined up for you.

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ET Startup Awards 2022: Nominees for Woman Ahead

The award honours startup should be launched and led by a woman who competes and wins against the best in the business.

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Elon Musk may close Twitter deal by Friday: report

The banks have finished putting together the final credit agreement and are in the process of signing the documentation, according to the report, in one of the last steps in moving funds to Elon Musk.

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Tuesday, October 25, 2022

WhatsApp Outage: WhatsApp, WhatsApp Web down for everyone



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macOS Ventura is here: What’s new, how to update and more



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"We're confident he will do his best for the people of the UK," says Infosys founder Narayana Murthy

"Our hour of happiness should, however, be tempered by the fact that PM Rishi [Sunak] will always keep the interest of the UK first and we should not expect anything special from him for India," said former Infosys board member TV Mohandas Pai.

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iPadOS 16.1 starts rolling out: Top features and everything else you need to know



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Meta needs to slash Metaverse spending to ‘get mojo back,’ shareholder says



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Apple hikes music and TV+ prices in first increases since launch



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Zoho's key product suite grows 2.5 times in two years

Zoho One combines more than 45 applications that allow businesses to run sales, marketing, HR, analytics, and more. Zoho decided to offer a bundled package of apps and create a platform for businesses to build integrations — or even their own apps — through Zoho One.

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Monday, October 24, 2022

Google CEO Sundar Pichai in awe of India’s win over Pakistan, takes cheeky dig at troll

Wishing everyone a happy Diwali, the Google chief executive said he celebrated by watching reruns of the last three overs of the nail-biting India-Pakistan clash, which India won on the last delivery of the game.

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Fitbit sued in Australia for misleading consumers on faulty devices



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Neuralink’s ‘show and tell’ delayed by one month, Elon Musk says



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More IT companies may follow Infosys on moonlighting

While some experts call move sensible and empowering, others say it may lead to managerial disruptions

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ET Startup Awards 2022: Jury looks for profit-focused contenders

Growth at all costs is very 2020 and the startup world has been forced to move on, say jury members. What matters today is good unit economics, sustainability and a path to profitability. And solving for complex socio-economic challenges across multiple sectors.

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Infosys veteran Ravi Kumar likely to play key role at Cognizant: analysts

Ravi Kumar, who is expected to join in January, will manage over 70% of the company's business and build efficiencies across major verticals in a tightly contested market, even as macroeconomic headwinds and a tight labour scene threaten margins.

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ET Startup Awards 2022: Nominees for Social Enterprise

This award will recognise the startup that best embodies the 'double bottomline' model that combines profits and public good.

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ET Startup Awards 2022: Nominees for Best on Campus

The award will showcase a startup whose impact can be judged both by the idea and the execution. The founders should have been students whose aim was to build a commercial enterprise. There must be some level of validation either through an investor or a customer.

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Sunday, October 23, 2022

Moonlighting unacceptable, action taken against few employees found engaging in it: Happiest Minds

Happiest Minds asserted that moonlighting is not very prevalent within the company but did not divulge the exact number of employees against whom action had been taken on the issue.

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Best iPad in 2022: Which model should you actually buy?



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Astronomers make discovery that can ‘dramatically narrow’ search for aliens



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ISRO scripts history with successful commercial mission LVM3-M2



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WhatsApp will soon get avatars like Facebook’s Bitmoji, says report



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How an Indian startup is using smartphone’s front camera to make fitness fun



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Apple's industrial design head Hankey to leave: report

Hankey's departure was announced inside the Cupertino, California-based firm this week, with Hankey telling colleagues that she will remain at Apple for the next six months, according to the report, which added that a replacement has not been named so far.

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Facebook threatens to block news content over Canada's revenue-sharing bill

The legislation is under consideration at a parliamentary committee, to which the U.S. social media company said it has not been invited to share its concerns.

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Saturday, October 22, 2022

Samsung Galaxy S23 Ultra with Snapdragon 8 Gen 2 spotted on Geekbench



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Banks forced to hold on to Twitter deal debt-sources



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Apple’s industrial design chief Hankey to leave three years after Ive



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Banks forced to hold on to Twitter deal debt

Musk agreed to pay $44 billion for Twitter in April, before the Federal Reserve started raising interest rates in a bid to fight inflation. This made the acquisition financing look too cheap in the eyes of credit investors, so the banks would have to take a financial hit totaling hundreds of millions of dollars to get it off their books.

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Twitter tries calming employees as deal with Elon Musk looms



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Twitter tries calming employees as deal with Elon Musk nears

​​Workers have also been worrying over how their compensation might change once Musk transforms the company from a publicly traded firm into a private one, said five employees who were not authorised to speak publicly.

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Friday, October 21, 2022

Musk tells investors he wants to sack 75% of Twitter staff once he takes over: Report

However, Twitter quickly sent out a clarification to employees, assuring that there are no plans for company-wide layoffs.

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Google Pixel 7 Pro review: Maybe the best camera phone



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Audio app Clubhouse still has ‘years of cash’ as it shifts strategies



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Instacart pulls plans to go public this year

Instacart had been one of the few tech companies seeking to go public this year, as investors all but shut their doors to putting their cash in initial public offerings of unprofitable entities.

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Unveiling The Economic Times Startup Awards 2022 high-powered jury

A lot has changed for Indian startups since the inaugural edition in 2015. The industry has grown from infancy to one where a number of companies are publicly listed.

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High-powered ET Startup Awards jury to pick winners on October 28

Hunt begins for brightest stars of India’s startup universe

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ET Startup Awards 2022: Jury looks for an upstart that can go the distance

In the run-up to the ET Startup Awards 2022 jury meeting on October 28, ETtech will bring you what the jury members expect in a winner.

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Thursday, October 20, 2022

SpaceX rolls out Starlink internet service for private jets



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Tesla flags its cars not ready to be approved as fully self-driving this year



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Musk says excited by Twitter deal despite overpaying



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Vivo to release software updates for its devices this month to support 5G services of Jio and Airtel



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OnePlus 11 specifications leaked ahead of launch: Here’s what we know so far



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Tech InDepth: How Night Mode on smartphones makes Diwali pictures pop



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Global smartphone demand continues fall as economic woes hit



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Satya Nadella on the future of work; 90% of India Inc is back in the office

The quality of the entrepreneurs and companies across India, and the innovation they’re producing is world class, said Nadella, noting that India is realising its own potential by investing in skilling and infrastructure with programmes such as Digital India.

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Net hiring by IT service majors dipped 24% during H1

Tata Consultancy Services (TCS), Infosys, Wipro and HCLTech have reported around 81,700 net headcount additions during the first half, down almost 24% from 107,616 net hires during the same time in the previous financial year, an ET analysis showed.

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Wednesday, October 19, 2022

Google Pixel 7 review: The other flagship



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Uber India hitches a ride on strong air travel resurgence

With the daily number of air passengers nearing pre-Covid levels, Uber India has seen increased traction in airport operations last quarter.

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Patagonia condor repopulation drive faces wind farm threat



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Tata Cliq CEO Vikas Purohit quits

Purohit had joined Tata Cliq in November 2016 and has huge experience in the e-commerce and fashion retail market.After a two-year stint at Amazon India, Purohit had joined Paytm as a senior vice-president for its payment bank, before quitting in June 2016. Before Amazon, Purohit worked with Tommy Hilfiger, Reliance Brands and Madura Garments ll for more than 10 years. He is an alumnus of the Indian Institute of Management, Bangalore.

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How to pre-order Apple’s 2022 iPad, iPad Pro, and Apple TV 4K



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India to drive cloud demand: SAP; Cult.fit eyes IPO in 12-18 months

Terming India “one of the fastest growing markets (for SAP) in enterprise and mid-market segment,” Scott Russell, executive board member, customer success, told us in an exclusive interview that “(Indian firms) are trying to expand their business in other parts of the world, and we are able to get the benefit of that.

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Drivetrain AI raises $15 million in fresh funding round

Founded in 2021 by Alok Goel, Tarkeshwar Thakur, and Saurav Bhagat, Drivetrain AI helps businesses gauge their current health and forecast the future impact of their actions, allowing them to make better decisions in real time.

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Tuesday, October 18, 2022

SpaceX seeks DoT permit to launch Starlink in India

DoT officials, however, said getting a GMPCS licence does not mean that SpaceX can soon start services. After getting the licence, the company needs to get approval from the Department of Space and after that get spectrum allocated for offering services.

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Rules need to be calibrated to address risks from big tech

“The key paradigmatic shift in the regulatory approach towards addressing the risks from bigtechs lies in calibrating the regulatory frameworks with a mix of entity and activity based rules,” the paper said, suggesting formation of holding companies involved in financial activities, and promoting activity specific licenses.

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Ye says he bought Parler because Instagram, Twitter penalized him



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Flood of freshers at IT’s Big Four; Byju’s raises $250M, eyes $500M more

As of the second quarter, IT companies have not indicated any major change in their fresher intake plans for the year except TCS, which has upgraded its fresher hiring guidance from 40,000 to 47,000.

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Rare earth shortage hits electronic component companies

While applications under the scheme have surged past 110 now, at least 10 firms have sounded out worries at a time when the industry is keen...