Monday, November 4, 2024

Alarm bells at wearables companies as slump extends to this fiscal

India’s wearables market has been on a downturn for over a year, affecting major brands like Boat and Boult. Boat reported a 5% revenue drop in FY24 but halved its losses, while Boult’s profits shrank despite a 40% revenue increase due to expansion efforts. Smartwatch demand remains low, with a 10% decline in Q2 shipments. Meanwhile, the true wireless audio segment grows, driven by budget-friendly features and quick-commerce expansion.

from Tech-Economic Times
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GCCs ping class of 2025 to build their tech talent pipeline

GCCs gained popularity in campus placements in the last season — for the Class of 2024 — when they stepped in to partially fill the gap left by a sharp drop in IT/ITeS hiring. These companies say they are now seeing many more campuses reach out to them. The main draws: attractive salaries, benefits and career growth.

from Tech-Economic Times
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Sunday, November 3, 2024

India now a focus market for Reddit, says CEO Steve Huffman

Reddit registered an India subsidiary in August this year and started leveraging the influencer connect to gather users – it hosted AMA (ask me anything) sessions with Shark Tank’s Namita Thapar and actors Pankaj Tripathi and Manoj Bajpayee.

from Tech-Economic Times
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Saturday, November 2, 2024

WBPSC Clerkship admit card 2024 released at wbpsc.ucanapply.com, direct link to download here

WBPSC has released the admit cards for the 2024 Clerkship Examination starting November 2. Candidates need their application number or name and birth date to download them from official websites. The exam, with over 700,000 participants, is scheduled for November 16 and 17 in four shifts.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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You are under digital arrest! How fake cop scams draining victims’ bank accounts

Victims of online scams are finding themselves in the grip of fake cops, leading to empty bank accounts. As the battle against cybercrime intensifies, experts tell that individuals and agencies must step up efforts to combat these threats.

from Tech-Economic Times
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Friday, November 1, 2024

Tech giants are set to spend $200 billion this year chasing AI

Wall Street recently criticised major tech firms for their AI spending, but Amazon, Microsoft, Meta, and Alphabet plan to invest even more, exceeding $200 billion this year. These companies are securing chips and building data centers to support AI, aiming for future profitability despite current high expenses.

from Tech-Economic Times
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Coursera sees spike in GenAI course demand, India leads enrolments

Raghav Gupta, Coursera's Managing Director for India and Asia Pacific, highlighted that while overall online learning growth has slowed compared to the pandemic boom, genAI courses have surged, with enrollments reaching 950,000—a 1600% year-over-year increase.

from Tech-Economic Times
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Walt Disney forms business unit to coordinate use of AI, augmented reality

The newly formed Office of Technology Enablement will be led by Jamie Voris, who spearheaded development of Disney's app for the Apple Vision Pro mixed reality device, according to an email seen on Friday by Reuters.

from Tech-Economic Times
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