Author: News Desk
In a move to safeguard the digital identity of women and combat the increasing menace of deepfake content on social media platforms, the Indian government has issued a significant advisory. This advisory comes after a disturbing incident involving a deepfake video of popular actor Rashmika Mandanna surfaced on social media, raising concerns among users. I. The Growing Threat of Deepfakes Deepfakes, a product of artificial intelligence technology, enables malicious actors to manipulate audio and video to create convincing but entirely fabricated content. These manipulated media pieces can make it seem like individuals are saying or doing things they never did.…
Troubled quick commerce of platform, Dunzo’s auditor Deloitte has expressed doubt over the company’s ability to continue as a going concern. Deloitte’s comments were appended with regulatory filings for FY23 which showed that Dunzo’s losses in FY23 had shot up by 288% to INR 1,802 crore. The mounting losses also meant Dunzo’s “…current liabilities exceeded its current assets by INR 325.8 crore primarily because of significant high operational costs for building customer base,” Deloitte said. Since Dunzo’s total liabilities amount to more than its total assets, the company will be unable to repay its creditors in a bankruptcy event. According to Deloitte,…
Launching a prominent upgrade to its operating system, tech giant Apple has unveiled macOS Sonoma in which the new feature will notify users if the device detects any liquid in the Type-C ports of the Mac devices. 9to5Mac reports that macOS Sonoma 14.1 includes “liquiddetectiond” which alerts users when the computer is exposed to liquids. If detected, users are alerted to unplug devices, preventing liquid damage. According to reports, Apple has also developed Liquid Contact Indicators (LCIs) for visual liquid exposure assessment. However, notably, Apple’s limited warranty pulls itself out from any liquid damage, even for water-resistant products like the…
Artificial intelligence has seen remarkable advancements in recent years. OpenAI, the artificial intelligence (AI) research lab behind ChatGPT, unveiled a suite of products at its inaugural developer conference, OpenAI DevDay, including an upgraded version of its flagship GPT large language model (LLM), GPT-4 Turbo, and tools for building customised AI chatbots. Reportedly, OpenAI plans to release a production-ready version of GPT-4 Turbo in the coming weeks. Speaking at the OpenAI Developer Conference, Altman announced that GPT-4 Turbo has knowledge of world events up to April 2023, a huge leap from the GPT-4 version that was trained on data up to September…
Entrepreneurship is a dynamic and diverse field that offers countless opportunities for individuals to start and grow their own businesses. Whether you have a passion for a specific industry, a unique idea, or a desire to make a positive impact on the world, there’s a type of entrepreneurship that suits your interests and skills. In this article, we will explore a range of entrepreneurship opportunities, from traditional to innovative, without resorting to plagiarism. Small Business Entrepreneurship Starting a small business is one of the most traditional forms of entrepreneurship. You can take your expertise, hobbies, or interests and turn them…
Flipkart co-founder Binny Bansal is all set to capitalize on the demand for artificial intelligence and start his own AI company to serve corporate clients around the world, according to a Bloomberg report, citing sources. Bansal, who co-founded online retailer Flipkart and sold it to Walmart Inc., wants to offer AI talent, products and services to corporate customers, emulating the business model of outsourcing providers like TCS and Infosys. As per the report, the team has hired 15 people, mostly AI scientists, and plans to add more staff to roll out offerings within the next few months. The 40-year-old billionaire is reportedly looking to…
In a proactive effort to alleviate the burden of food inflation on its citizens, the central government of India has introduced the ‘Bharat Atta’ scheme. Under this initiative, wheat flour, commonly known as atta, will be made available to the public at a subsidised price of Rs 27.50 per kilogram, a significant reduction compared to the prevailing market prices of Rs 40-45 per kilogram. Union Minister Piyush Goyal Launches ‘Bharat Atta’ Union Minister Piyush Goyal marked the official commencement of the ‘Bharat Atta’ scheme by flagging off 130 mobile vans that will facilitate the distribution of the subsidised atta. During…
India is making an earnest effort to entice Tesla, the electric vehicle (EV) giant led by Elon Musk, to set up shop in the country. Government departments are working tirelessly to provide the necessary approvals by January 2024, signalling their commitment to welcoming the American automaker. PMO Takes Stock of Electric Vehicle Manufacturing The Prime Minister’s Office (PMO) recently conducted a high-level meeting, with top officials in attendance, to assess the next phase of electric vehicle manufacturing in India. Among the key discussions was Tesla’s investment proposal, a topic that has garnered significant attention. Fast-Tracking Approvals Tops the Agenda While…
Co-working space provider WeWork has taken the drastic step of filing for bankruptcy. This move comes as the company grapples with the current economic situation and a slew of financial challenges. Warning Signs in Earnings Report During its second-quarter earnings report in August of this year, WeWork issued a warning, indicating its financial instability and the potential inability to sustain its operations in the coming year. The company found itself in a precarious position amidst the economic turmoil. Impact on Tech Giants and Businesses WeWork, once the most valued startup in the United States, has faced significant setbacks. The co-working…
Saudi Arabia has expressed interest in buying a multibillion-dollar stake in the Indian Premier League (IPL), the world’s richest cricket league, according to a Bloomberg News report, citing people familiar with the matter. Saudi Arabia reportedly proposed investing as much as $5 billion into the league and help lead an expansion into other countries. As per earlier reports, the IPL ecosystem value has risen from INR 87,000 crore to INR 92,500 crore, marking an increase of around 6.3%, as per a report by D&P India Advisory Services. The kingdom proposed investing as much as $5 billion and help lead an expansion…