The Facebook bug and a misinformation flu

A "bug" in Facebook's News Feed injected a "rush of misinformation" and other dangerous content between October and March

from Tech-Economic Times https://ift.tt/20qKNwH

Indian startups racked up $10 billion in Q1 2022 led by late-stage funding deals

Late- stage deals accounted for 45% - $5.8 billion - of the overall funding this quarter.

from Tech-Economic Times https://ift.tt/yKLDEiZ

Spacetech startup Pixxel launches 'Shakuntala' satellite with Elon Musk's SpaceX

Being Pixxel's first fully-fledged satellite, 'Shakuntala' hosts one of the highest resolution hyperspectral commercial cameras ever flown to space, bringing it one step closer to building a 24x7 health monitor for the planet

from Tech-Economic Times https://ift.tt/nVXjOmi

Microsoft's cloud business targeted by EU antitrust regulators

The company found itself on the EU competition enforcer's radar again after German software provider NextCloud, France's OVHcloud and two other companies filed complaints about Microsoft's cloud practices.

from Tech-Economic Times https://ift.tt/8itIujG

No more Shopee-ing in India!

Shopee entered India in November 2021, and started growing at a fairly good pace. While it's tough to compete in the low-end of online retail, the geopolitical factors played an important in Shopee pulling the plug here.

from Tech-Economic Times https://ift.tt/kx2UVoQ

Infosys is closing Russia office: report

A BBC report quoting sources said Indian tech giant Infosys, in which UK Chancellor Rishi Sunak's wife owns shares thought to be worth more than £400m, is closing its office in Russia.

from Tech-Economic Times https://ift.tt/LIoaTAS

Bezos poised to clash with Asia’s richest man in cricket auction

What’s more, the cricket competition will take place live online over the course of two days, which means proxies for the two men will have to make minute-by-minute bids and counterbids in real-time. Imagine a Sotheby’s-style auction with Bezos and Ambani, worth about $275 billion and $100 billion respectively, bidding for a prize that only one can ultimately possess.

from Tech-Economic Times https://ift.tt/tRHDFeN