Author: News Desk
Infosys co-founder Narayana Murthy a few days back flared a debate on social media by saying youth should work 70 hours a week, however, Indians are already the sixth most hardworking out of163 countriesin the world. The ranking is based on taking the average number of hours per week for each employed person in India, which works out to 47.7 hours, according to the latest International Labour Organisation (ILO) data of April 2023. The report reveals that Indians work longer than workers in China (46.1 hours), Vietnam (41.5 hours), Malaysia (43.2 hours), the Philippines (39.2 hours), Japan (36.6 hours), the United States (36.4 hours) and…
A country’s talent is its powerhouse. Talent acquisition deals with the strategies, tactics and processes for identifying, recruiting and retaining the human resources a company needs. It includes developing, implementing and evaluating programs for sourcing, recruiting, hiring and orienting talent. According to the 2023 Global Talent Competitiveness Index comprising 134 countries, published by business school Insead, Switzerland emerges as the leading nation in cultivating talent, closely followed by Singapore and the United States. Denmark, the Netherlands, Finland, Norway, Australia, Sweden and the United Kingdom complete the rest of the top ten. GTCI data from the past decade reveals that Switzerland has maintained its top…
Starting and growing your own business can be a rewarding yet challenging endeavour. As an entrepreneur, you need a dedicated and skilled team to support your vision and turn it into a reality. Finding the right people to join your entrepreneurial journey is crucial for success. In this article, we’ll explore key tips to help you build a strong team without resorting to plagiarism. 1. Define Your Vision and Mission Clearly Before you start building your team, it’s essential to have a clear vision and mission for your business. Define your goals, values, and long-term objectives. When your potential team…
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, is taking bold steps to position Dubai as a hub for Generative AI innovation. He has directed the organisation of the Global Prompt Engineering Championship in May 2024, aligning with Dubai’s commitment to harness the potential of AI. This groundbreaking championship, in collaboration with the Dubai Centre for Artificial Intelligence, is set to elevate Dubai and the UAE as a destination for Generative AI talent and innovation. With a substantial prize pool of Dh1 million, the championship will revolutionise content creation across various domains using AI. A Visionary…
Amazon’s founder, Jeff Bezos, known for his unconventional leadership, introduced an innovative program at the tech giant in 2014. This program aimed to retain dedicated employees looking to advance their careers within the company. Bezos offered resigning workers up to $5,000 or ₹4.1 lakh as part of the ‘Pay to Quit’ option, aiming to maintain a committed and motivated workforce. The ‘Pay to Quit’ Initiative Jeff Bezos initiated the ‘Pay to Quit’ program at Amazon, a unique approach to retaining talent. The program allowed employees considering leaving the company to receive financial incentives, ultimately designed to encourage them to stay.…
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…