Author: News Desk
IBM, a leading technology company, has announced plans to replace 7,800 jobs with artificial intelligence (AI) and automation technologies. The move is part of the company’s efforts to focus on higher-growth areas and streamline its operations. As a result, IBM has decided to pause hiring for the affected positions. IBM’s CEO, Arvind Krishna, said in a recent interview that the company plans to use AI and automation to improve productivity and cut costs. The company will focus on its cloud and AI businesses, which have shown significant growth in recent years. Krishna also stated that the company has been retraining…
Abu Dhabi has been ranked as the smartest city in the MENA region for 2023. Abu Dhabi, the capital city of the United Arab Emirates, has been named the smartest city in the Middle East and North Africa (MENA) region for the year 2023 by the Swiss-based organization Intelligent Community Forum (ICF). The annual ICF Smart21 list identifies the world’s top intelligent communities and recognizes cities that leverage technology to improve the quality of life for their citizens. The ICF evaluated Abu Dhabi based on six criteria, including digital inclusion, innovation ecosystem, broadband connectivity, knowledge workforce, sustainability, and advocacy. The…
The hackathon organised by Kerala Startup Mission to seek technology solutions in de-addiction activities was a huge success. The 30-hour-long National Hackathon was jointly organised by Kasaragod Central University, KSUM, the district panchayat, and the Excise Department.The hackathon’s top prize went to Team Uncertainty from Amal Jyothi College for their solution ideas. One of the biggest challenges in anti-drug operations is the privacy of the victim and the leakage of information by those involved in it. Through the use of Nirvana software, which combines artificial intelligence, machine learning, and blockchain, the students successfully developed solutions to these problems. The software…
Getting a Dubai driving license is now very easy. Dubai Authorities have announced a Golden opportunity for the same. Even if you don’t go to classes, it doesn’t matter, there is an opportunity to get a driver’s license by appearing for the theory and road tests together. The Golden Chance project introduced by the Dubai Roads and Transport Authority is a relief for expatriates. Golden Chance can be availed by all nationals, but this opportunity is a once-in-a-lifetime experience. Expats who wish to avail the Golden Chance must have a valid driving license in their home country and pass both…
Farmers are turning away from tractors and moving toward drones as they adapt to the rising cost of chemicals and contend with hotter temperatures, heavier rains, heartier weeds and prolific pests. Earlier, farmers have been using drones mainly for aerial imaging – scanning farms from the sky with cameras to map where crops are thriving and failing. Now drones are being designed for hands-on crop management: enabled to spray herbicides, insecticides and foliar fertilizers with precision, and even to distribute seeds in planting season. Arthur Erickson, Chief Executive of Manufacturer Hylio Inc, described the company’s agricultural drones as a “featherweight…
From mid-range phones to high-end handsets from premium brands, here is a list of smartphones launching in India in May 2023. There will be a range of new phones to buy from premium and popular brands like Samsung, Google Pixel, OnePlus, and Realme. If you want to upgrade to the best smartphone this summer, wait a few days. These are some of the high-end smartphones that are going to be launched in May 2023.Google Pixel 7a:This new smartphone may sport a large 6.1-inch AMOLED display with a 90Hz refresh rate. It will have a solid 4500 mAh battery. The Pixel 7a is loaded with a 64MP OIS camera with a Sony IMX787 lens. The phone is powered by a…
Fabheads Automation aims at Vande Bharat 3D printing . The Chennai-based start-up is India’s leading carbon fibre part manufacturer and has developed Asia’s first continuous carbon fibre 3D printers. Carbon fibre is a critical composite powering new-age innovations such as drones, EVs, and air taxis. By automating its production, Fabheads reduces lead time and improves reliability. This venture was started in 2015 by Dinesh Kanagaraj and Abhijit Rathore, IITians working at the space agency Isro. The team for 2-3 years focused on R&D on its additive manufacturing technology. The startup is able to reduce cost of manufacture by almost 10%,…
The collapse of San Francisco-based First Republic Bank is the second-largest bank failure in US history. On Monday, the embarrassed First Republic Bank was seized by regulators and handed over to JPMorgan Chase Bank to temporarily recover from the crisis. All of First Republic Bank’s investments and most of its assets were immediately sold to JPMorgan Chase & Co, the largest bank in the US, nicknamed “The Deal Maker,” to avoid further banking chaos. First Republic is the third mid-sized bank to fail in two months, following the March collapses of Silicon Valley Bank and Signature Bank. The impact of…
Gogoro, a Taiwanese Business, intends to use India as its main production hub for Electric Two-wheelers worldwide. Gogoro manufactures electric two-wheelers and offers a network of battery-swapping stations. It is developing a new platform to create a scooter that expressly caters to the requirements of B2B fleet clients, such as fleet owners or e-commerce companies for last-mile delivery. It is solely manufactured at the moment in Taiwan. Gogoro is considering a dual model in which it would produce the scooters on its own while also making the technology and the design available to outside parties who would then be able to produce them under their own brand. However, Gogoro will supply the infrastructure for the battery swapping stations, which…
The International Air Transport Association (IATA) reports that India is fast emerging as a key Global Aviation Market.Domestic air travel has continued to rise strongly in India. As of February, India’s domestic air travel was just 2.2% away from pre-pandemic levels as measured by passenger revenue. It has been the top domestic market measured by PLF for the last four months, achieving PLFs of 81.6 percent in February, 85.2 percent in January, 88.9 percent in December 2022, and 87.9 percent in November 2022. It has also led the rest of the domestic markets in the passenger load factor (PLF) metric in the report,…