TECHNOLOGY
77% of the people surveyed in India have purchased a product or a service after watching Reels: Meta study by Factworks
The programme is aimed at enabling brands to supercharge business results through entertaining storytelling on Reels, and by leveraging the power of the thriving creator ecosystem in India. At the start of the year, Meta in India decided to work with leading brands across categories to determine the impact Reels Ads could have on their marketing objectives.
LinkedIn lays off 716 employees, shuts China app
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.
WhatsApp working on new 'channels lists' feature on iOS
According to WABetaInfo, the new feature will be listed within the Status tab, which is now called "Updates", where both status updates and channels are shown. In particular, status updates will always be displayed horizontally in order to provide more space for the channels list.
New Android malware discovered that steals your passwords, 2FA codes
According to Check Point Research, these malicious apps are designed to extract sensitive information, including user credentials and Two-Factor Authentication (2FA) codes. FluHorse malware targets multiple sectors in Eastern Asia and is typically distributed via email.
Google partners Samsung to fix Android's background app limitations
"We are announcing deeper partnerships with Android hardware manufacturers to help ensure APIs for background work are supported predictably and consistently across the ecosystem. We are excited to announce that Samsung, representing one of Android's longest partnerships, is our first partner on this journey," Google said in a blogpost.
Baidu set to launch its 1st smartphone amid crowded global mobile market
The Beijing-based company's Xiaodu unit, similar to Amazon's Alexa division, will launch its first smartphone next week, reports Bloomberg, citing sources. Baidu already sells smart speakers and displays, and calls its DuerOS software a conversational artificial intelligence (AI) system.
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.
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