In 2021, McKinsey said in a report for Nasscom that enterprise tech spending as a percentage of revenue will move from 3% in 2020 to 5% by 2030.from Tech-Economic Times https://ift.tt/kZtQ321
ETtech Opinion | Navigating growth in a no normal world: Nasscom chairperson Krishnan Ramanujam
In 2021, McKinsey said in a report for Nasscom that enterprise tech spending as a percentage of revenue will move from 3% in 2020 to 5% by 2030.from Tech-Economic Times https://ift.tt/kZtQ321
Foxconn says no 'definitive agreements' for new India investment
Foxconn said in a statement on Saturday that no deals had been finalised during chairman and CEO Young Liu's visit to India from February 27 to March 4. "Foxconn has not entered into binding, definitive agreements for new investments during this trip," the statement said.from Tech-Economic Times https://ift.tt/XlL1HIS
Twitter's revenue, adjusted earnings drop about 40% in December: report
The report comes after several advertisers slashed their spending on the social-media platform after Elon Musk took charge of the company on October 27from Tech-Economic Times https://ift.tt/iCJ4MZP
Civil rights audit at Google proposes better tackling of hate speech, misinformation
The review also said that to better tackle misinformation related to elections, the company should ensure that employees with language fluency are more involved in enforcement actions instead of relying on translation.from Tech-Economic Times https://ift.tt/vjTw0H5
Snapchat blocks fewer children from its app in Britain compared with TikTok, shows data
According to figures recently published by the NSPCC (National Society for the Prevention of Cruelty to Young Children), Snapchat accounted for 43% of cases in which social media was used to distribute indecent images of children.from Tech-Economic Times https://ift.tt/L1sje2P
ETtech Unwrapped: Confusion, chaos, and disruption in wake of Delhi's bike taxi ban
The notice issued by the Delhi government last week warned bike taxi operators such as Rapido, Ola and Uber to not ply on Delhi roads as it violates the motor vehicle laws.from Tech-Economic Times https://ift.tt/DMyo6Kq
Meta tweaks its controversial 'cross-check' system for VIPs
The oversight board had called for an overhaul of the company's controversial "cross check" system, which adds a layer of enforcement review for millions of Facebook and Instagram accounts belonging to celebrities, politicians and other influential users, allowing them extra leeway to post content that violates the company's policies.from Tech-Economic Times https://ift.tt/vnhbjzE
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