Author: News Desk
The deep-tech and AI-based content intelligence platform Instoried has announced the release of Instoried ART, an AI-based tool for creating images. The most recent technology is used by Instoried to create AI graphics from text instructions. With the help of Instoried ART, content producers, marketers, and advertising experts will be able to design personalised, one-of-a-kind images for their website landing pages, social media posts, and ad copy. This generation of visuals from text or keywords is referred to as generative AI. The Instoried ART tool, according to the company, will enable creators to work from a real literary brief rather…
In the third quarter of this year, India has emerged as the world’s number one smartphone market, beating North America and China. Highly affordable local brands, local manufacturing and festive demand contributed to this surge. Global brands Apple and Samsung had takers but Indian brands such as Noise and FireBoltt were at the forefront in terms of sale volume. The demand for global products became less due to premium pricing. In the July-September quarter, India’s share in the smartwatch market was 30 per cent. North America showed 25 per cent and China 16 per cent. Covid restrictions and economic crisis…
Ride-hailing app Uber has introduced a new set of tech-driven safety measures to ensure hassle-free rides to riders. The features include audible rear seat belt reminders, proactive trip anomaly detection, and customer SOS integration with local authorities. From now on, Uber will send riders and drivers an audio rear seat belt reminder every time a ride starts. Another feature ‘RideCheck’ will look for trip anomalies and provide required help. For instance, RideCheck will detect if a trip deviates unexpectedly from the given route or when a trip abruptly ends. Uber has also strengthened customer support. Now, users can connect with…
These days, globally, people are concerned about inflation. Across industries, companies, including multi-national firms, are firing employees to maintain their market position. Interestingly, Silicon Valley companies are at the forefront of mass layoffs. Amazon is about to lay off 10,000 employees. For Meta, the number is 11,000. Twitter has laid off 3,700 staff. Snap, the parent company of Snapchat, is reportedly planning to remove 20 per cent of its staff. According to Bloomberg, Intel would lay off 20 per cent of employees. Byju’s, Unacademy, and Udaan are also cutting employee numbers. It is estimated that, in America, 12,000 people have lost their jobs. What…
Twitter banned 44,611 accounts promoting child sexual exploitation and non-consensual nudity in India. Between September 26 and October 25, as Elon Musk took over. Between August 26 and September 25, the company had banned 52,141 accounts. It also took down 4,014 accounts for promoting terrorism on its platform in the country. Twitter received 582 complaints from users in India through its grievance redressal mechanisms, and took action on just 20 of those URLS. Musk has already expressed grave concerns over reports about the presence of tweets soliciting child pornography on Twitter. Under the new IT Rules 2021, big digital and…
Air India and Vistara to merge The deal would give Singapore Airlines (SIA) a 25.1 per cent stake in the Air India group It will also widen the airline’s market presence SIA would invest Rs 2,059 crore in Air India as part of it If needed, SIA and Tata will participate in additional capital injections later The merger is expected to complete by March 2024 Vistara is a 51:49 joint venture between Tata Sons and SIA It is India’s leading full-service carrier with operations in the Middle East, Asia, and Europe The merger will give Air India a combined fleet of 218 aircraft…
Mani Ratnam’s magnum opus Ponniyin Selvan-1 has created yet another history. It has entered the coveted 500-crore club. The movie was released on September 30, 2022, in five languages – Tamil, Malayalam, Telugu, Kannada, and Hindi. Globally, it surpassed the 500-crore mark within 32 days of the release. Interestingly, it is the second-highest Tamil film to hit this milestone after Rajanikanth’s 2.0. The big budget PS1 was made spending Rs 500 crores. PS-1 grossed Rs 230 cr in Tamil Nadu. Overseas collection was around Rs 170 crore. Its domestic collection was close to Rs 335 crores. An adaptation of Kalki Krishnamurthy’s epic novel, the movie narrates the story…
Adani Properties wins the Dharavi redevelopment project rights Adani’s bid was worth Rs 5,069 crores Adani Properties is Adani group’s real estate development firm The govt specified minimum investment was Rs 1,600 crore Dharavi is Asia’s biggest slum It is spread over 600 acres of land in Mumbai The Maharashtra govt called the project’s tenders in October Eight entities attended the pre-bid meeting DLF and Mumbai-based Shree Naman Developers also participated in the bid
Amazon closes ‘Amazon Distribution’ It’s a wholesale e-commerce website for small neighborhood stores It is operational in Bengaluru, Mysore, and Hubli The shut down will be in phased manner However, this will not affect ‘Amazon Business’ Amazon Business is a B2B marketplace Amazon had earlier closed ‘Amazon Academy’ and ‘Amazon Food’
NDTV’s Radhika and Prannoy Roy resign The new NDTV board accepted their resignations as directors of RRPR Holding Pvt Ltd RRPR Holding is the promoter of NDTV With this, the long-standing promoters of NDTV exits The Adani group takeover has completed now Sanjay Pugalia and Senthil Chengalvarayan are the new directors on RRPRH board