TECHNOLOGY
Global tech services sector hits $57 bn in deal activity despite slowdown
The technology service sector including IT Services, BPM, and ER&D saw an uptick in transaction activity, with a total of 947 deals -- the highest number recorded in the past five years, according to a report by EY and Nasscom. Private Equity (PE) deals placed several large bets -- 15 out of 23 large (over $500 million) deals in 2022.
Logitech appoints Anand Lakshmanan as India Head
According to the company, Lakshmanan, who has been a part of Logitech for over two years, will now take the role of overseeing Logitech's complete portfolio in the Indian market, encompassing B2C and B2B, businesses.Previously, he served as the head of B2B for Logitech India and South West Asia. I am honoured to
Android’s Nearby Share now available globally for Windows
Through Nearby Share, Android users can share files wirelessly with their PCs, whether they are desktops or laptops, and through Android's native menus. Google initially limited the feature to only a few countries, with a primary focus on the US. Now, according to Google's support page, Nearby Share Beta for Windows PCs.
ChatGPT maker OpenAI's losses swell to $540 mn, likely to keep rising
According to The Information, OpenAI's losses doubled as it developed ChatGPT and hired key employees from Google. The previously unreported figure reflects the steep costs of training its machine-learning models during the period before it started selling access to the chatbot," the report noted. OpenAI in February this.
Apple, Samsung capture 58% of global tablet marketApple, Samsung capture 58% of global tablet market
Apple shipped 10.8 tablets with 35.2 per cent share in Q1, followed by Samsung at 23.1 per cent share and shipping 7.1 million units. Huawei was third with 6.6 per cent share (2 million units), according to preliminary data from from the International Data Corporation (IDC).Worldwide tablet shipments posted decline of 19.1 per.
Fake verified Facebook pages luring users into clicking malicious links
A handful of verified Facebook pages were hacked recently and spotted slinging likely malware through ads approved by and purchased through the platform. But the accounts should be easy to catch -- in some cases, they were impersonating Facebook itself. Social media consultant Matt Navarra first spotted some of the.
Indian consumers perplexed about finding best 5G smartphone: Report
With no 5G use case to look at as a reference, consumers want to purchase the best smartphones defined by the ones offering seamless connectivity, blanket coverage, and endless capabilities.Consumers are currently perplexed about being able to find the best 5G device for themselves. As there is no application or use case.
Over half of Twitter Blue's earliest subscribers not paying anymore
According to a Mashable report, Out of about 150,000 early Twitter Blue subscribers, "just around 68,157 have stuck around and maintained a paid subscription as of April 30". Citing data scraped by independent researcher Travis Brown, the report said that not many Twitter Blue subscribers are sticking around.
Wireless audio solution provider 'Audio Pro' enters Indian market
To strengthen its presence in the country, the company has further signed a strategic distribution partnership agreement with Alphatec, a Mumbai-based distribution house for audio and video equipment across India as its distribution partner. "The purpose of our products is to evoke strong sensations and touch listeners' soul. Our intend is that a sound should be felt, heard, and stimulate all the senses and Alphatec
Amazon acquires Snackable AI to boost podcast offerings
The Snackable AI team joined Amazon Music to work on existing podcast projects. Mari Joller, Founder and CEO of Snackable, is now working as an artificial intelligence and machine learning product leader at Amazon, reports The New York Post.Founded in 2018, Snackable AI specialised in using AI to add structure and metadata to video and audio easily with AI-generated chapters, highlights and more.
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