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iPhone production in India to grow by 150% in 2023: analyst

​According to Ming-Chi Kuo, a Hong-Kong-based analyst, Foxconn will ramp up production in India with the medium-/long-term goal to ship 40-45% iPhones from India.

from Tech-Economic Times https://ift.tt/oyMHE8A

Mass migration from Twitter is likely to be an uphill battle - just ask ex-Tumblr users

​​The turmoil at Twitter is causing many of the company's users to consider leaving the platform. Research on previous social media platform migrations shows what might lie ahead for Twitter users who fly the coop.

from Tech-Economic Times https://ift.tt/3j2Jgd5

Elon Musk says he was left with ‘no choice’ on Twitter sackings, claims firm was losing $4 million daily

Nearly 180 of its 230-odd employees in India have been given marching orders. The layoffs were spread across content, partnerships, content curation, sales, and social marketing teams.

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

Facebook’s Meta-morphosis & this week's top tech stories

Around this time last year, Facebook – the world’s biggest social media company – decided to change course and rename itself Meta. Twelve months later, its stock is down 75% and spending on the elusive metaverse is in the tens of billions.

from Tech-Economic Times https://ift.tt/ix7kVga

Twitter sued as Elon Musk begins layoffs en masse

Several Twitter employees took to the microblogging platform as they lost access to their laptops, emails and internal slack channels in a virtual confirmation that they have lost their jobs.

from Tech-Economic Times https://ift.tt/RfUnbF9

Twitter down: Users complain of login issues, error in loading media files

On Friday morning, many Twitter users stated that they are unable to log into the website. A popup that reads "Something went wrong, but don't worry - try again" appears when the feed page first loads.

from Tech-Economic Times https://ift.tt/w7ieGTN

Amazon, Lyft, Stripe, Twitter and other tech companies that have announced hiring freezes and layoffs

Amazon said senior executives this week decided to pause incremental corporate hiring because the economy was "in an uncertain place."

from Tech-Economic Times https://ift.tt/DQIH2qY

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...