India looks at oversight of algorithms used by social media and internet firms

India will be among the first few nations to mandate legal oversight of proprietary codes such as algorithms, if the proposal is included in the forthcoming Digital India Act (DIA).

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

Slack CEO Butterfield to depart next month: report

Lidiane Jones will take over as CEO, Insider reported, citing an internal memo.

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

Edtech firm Hero Vired appoints Samra Rahman as head of people and culture

​In her previous stint, Samra Rahman was the CHRO at Centum Learning. She has also been associated with HCL Technologies, IBM, and Tata Teleservices in the past.

from Tech-Economic Times https://ift.tt/8W2T6d0

Twitter files: Elon Musk, Matt Taibbi and a very modern media maelstrom

The so-called Twitter Files, released Friday evening by independent journalist Matt Taibbi, set off a firestorm among pundits, media ethicists and lawmakers in both parties.

from Tech-Economic Times https://ift.tt/M2b4c0Z

Foxconn sees Covid-hit China plant back at full output by late Dec-early Jan: source

The Zhengzhou plant has been grappling with strict Covid-19 restrictions that have fuelled discontent among workers over conditions at the factory.

from Tech-Economic Times https://ift.tt/GYzUnr0

Will testify before US House committee, says former FTX CEO Sam Bankman-Fried

The US House Financial Services Committee plans to hold a hearing in December to investigate the collapse of FTX and expects to hear from the companies and individuals involved, including founder and CEO Bankman-Fried.

from Tech-Economic Times https://ift.tt/o9AUfj0

Spacetech startups look to conquer the final frontier

The space economy was valued at $469 billion in 2021, up 9% from 2020, the highest recorded growth since 2014, a McKinsey Quarterly report said, citing the Space Foundation, a not-for-profit organisation.

from Tech-Economic Times https://ift.tt/hd7ZQmM