Author: Starvision Desk

New Delhi, July 1 (IANS) US-based IT company Ness Digital Engineering on Saturday announced the acquisition of German-headquartered corporate venture builder & product design studio MVP Factory. MVP Factory provides an end-to-end service for digital venture and product building and has successfully pioneered the venture studio model with global clients such as DB Schenker.It also allows clients to ideate, validate, launch and scale digital ventures using lean and agile methodologies, according to the company.”MVP Factory’s expertise in helping clients incubate and scale digital ventures and design software products further strengthens our strategy to be a specialist in digital engineering,” Ranjit…

San Francisco, July 1 (IANS) Apple supplier Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has confirmed that it suffered a data breach after being named as a victim by the Russia-linked LockBit ransomware gang. According to TechCrunch, the LockBit ransomware gang listed TSMC on its dark web leak site on Thursday, and threatened to publish data stolen from the company, which commands 60 per cent of the global foundry market, unless the chipmaker pays a $70 million ransom demand.TSMC is responsible for creating all of the A-series and M-series chips used in Apple devices.”In the case of…

New Delhi, July 1 (IANS) Elon Musk-run Twitter banned a record 11,32,228 accounts in India between April 26 and May 25, mostly for promoting child sexual exploitation and non-consensual nudity.The micro-blogging platform, going through a churning under Musk who has now appointed a new Twitter CEO in Linda Yaccarino, also took down 1,843 accounts for promoting terrorism on its platform in the country.In total, Twitter banned 11,34,071 accounts in the reporting period in India.Twitter, in its monthly report in compliance with the new IT Rules, 2021, said that it received 518 complaints from users in India in the same time-frame…

New Delhi, July 1 (IANS) This year, smartphones are the fifth highest exported product from India and has crossed Rs 1 lakh crore in our ‘Techade’ that will certainly see the country as a major player in global electronics in years to come, says Rajeev Chandrasekhar, Union Minister of State for Electronics and IT.In an interaction with IANS, the minister said that India is rising steadily as a trusted partner in the global electronics supply chains. “From having to import 82 per cent of all smartphones in 2014 to today manufacturing almost 100 per cent of all smartphones in the…

New Delhi, July 1 (IANS) More than 2.12 lakh employees — from Big Tech firms to startups — lost their jobs in the global tech sector in the first half of 2023, as layoffs continue amid the funding winter.As per the data by layoffs tracking site Layoffs.fyi, 819 tech companies have shown the doors to around 212,221 employees till June 30.In comparison, 1,046 tech companies laid off more than 1.61 lakh employees in 2022.In total, about 3.8 lakh tech employees have lost their jobs in 2022 and till June this year.As more and more Big Tech companies continue to sack…

San Francisco, July 1 (IANS) Goldman Sachs, which partnered Apple on the launch of Apple Card four years ago, may be eyeing an exit and is reportedly planning to offload its partnership to American Express.The Wall Street Journal reported that the investment banking firm is “looking for a way out” of its high-profile deal with Apple.”A retreat from the Apple credit card would effectively end Goldman Sachs’s consumer-lending business,” the report noted.Apple and Goldman did not immediately comment on the report. The shift to American Express could affect where Apple cardholders can use their card. Apple Cards are currently issued…

New Delhi, July 1 (IANS) There was no new unicorn in India in the first half of 2023 as startup funding plunged more than 70 per cent in the January-June period from a year ago, signalling that the funding winter is here to stay as several top unicorns continue to face economic downturn.The first six months witnessed Indian startups raise just $5.48 billion, from $19.5 billion they raised during the same period last year, according to data by market intelligence firm Tracxn shared with IANS.In the first half this year, the startup ecosystem saw 546 deal rounds, a significant drop…

New Delhi, July 1 (IANS) Nokia has signed a new patent license agreement with Apple which will replace the current license that is due to expire at the end of 2023. Apple sued Nokia in 2009 for attempting to copy the iPhone as Nokia sued Apple for copyright violations. They settled in 2011. In 2016, they again filed lawsuits before reaching a deal in 2017 where Apple paid $2 billion to Nokia.The new license pact covers Nokia’s fundamental inventions in 5G and other technologies.Nokia will “receive payments from Apple for a multi-year period.”“We are delighted to have concluded a long-term…

New Delhi, July 1 (IANS) Twitter has stopped browsing access on its web platform for people without accounts, and they have to first create an account to view tweets.Elon Musk said on Saturday that this drastic action was necessary due to “extreme levels of data scraping”.However, the move could backfire as if tweets are not publicly accessible, search engine algorithms could rank Twitter’s content lower.Musk also said it was a temporary emergency measure.“We were getting data pillaged so much that it was degrading service for normal users,” the Twitter owner posted.“Almost every company doing AI, from startups to some of…

Bhatia was recently denied entry into the Golf Club here for wearing kurta-pajamas.”The club, located at a stone’s throw distance from the chief minister’s residence, refused me entry, stating that wearing kurta-pajamas is not allowed by the club. About 130 years ago, Swami Vivekananda had said on the question of a foreign friend: ‘The difference between your thinking and ours is that in your country you judge the personality of a person by his clothes, that is, in your country character is made by a tailor, but in our country, character is made by thoughts.”But unfortunately, in Lucknow too after…