Welcome to the world of facts and news

Elon Musk tells Twitter employees headcount will be rationalized

Musk said he wants to raise the service's user numbers to at least a billion people and said advertising would remain important for the company, according to audio of the meeting heard by Reuters.

from Tech-Economic Times https://ift.tt/H0wm2lN

Amazon India bets on local stores, social commerce; startups want more women in tech roles

Amazon said it was now looking to onboard more physical stores on its India platform to increase the number of goods that can be delivered quickly to customers. Tiwary said Amazon can deliver within two days in 93% of the pin codes where it operates.

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

Counter use of technology for cybercrime, India tells UN Ad Hoc group

In order to rein in cybercrime globally, member states must agree on a cooperation framework for “freezing and return” of proceeds obtained from cybercrime, Indian officials stated while addressing the UN Ad Hoc committee, which met in Vienna between May 30 and June 10.

from Tech-Economic Times https://ift.tt/CZpf9jA

Startups accelerate hiring of women in product, technology roles

According to Nasscom data, women constitute 35% of India's technology industry, a figure that companies like Wakefit, Urban Company, Mpower Financing, EnKash and Simplilearn are looking to increase through a host of initiatives.

from Tech-Economic Times https://ift.tt/iTyDcj3

From fancy avatars to hot-desking, hybrid work is playground for modern tech

Startups and mid-size tech companies are taking to tech-driven solutions to strike balance between onsite work and WFH in post-pandemic work paradigm

from Tech-Economic Times https://ift.tt/EYck7m0

SaaS firm Vtion Digital Analytics raises $1.3 million funding led by YourNest

It plans to use the funds to accelerate its India growth by scaling its advertising activation strategy and panel enhancement while driving global market expansion.

from Tech-Economic Times https://ift.tt/XNOd3yU

SpaceX wins environmental approval for launch of Mars rocket

An environmental assessment by the Federal Aviation Administration has concluded that SpaceX's plans for orbital launches will have "no significant impact" on the region along the Gulf Coast near Brownsville.

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

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...