IBM to pause hiring in plan to replace 7,800 jobs with AI

Hiring specifically in back-office functions such as human resources will be suspended or slowed, Krishna said.

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Chasm grows between Indian startups & internet body IAMAI; IT firms look to boost utilisation levels for better margins

Indian internet firms have given internet body IAMAI a thumbs-down, alleging that it has favoured Big Tech companies on multiple issues. This and more in today’s ETtech Morning Dispatch.

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Entrepreneurs flag lack of ‘credence’ as IAMAI not representing their interests, favouring Big Tech

This signals a deepening of the chasm between the interests of global internet majors such as Google and Facebook and that of the local startups over issues ranging from pricing policies to digital regulations.

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Ex-OpenSea employee made ‘free money’ off NFTs, prosecutor says

The charges against Nathaniel Chastain, a former OpenSea product manager, were the first in a series of high-profile cases related to digital assets launched by the US Attorney's office in Manhattan last year.

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PhysicsWallah rolls out 50 offline centres; to offer scholarships worth Rs 160 crore

Vidyapeeth is a tech-integrated offline classroom comprising 650 smart classrooms. The edtech unicorn is already running 11 Vidyapeeth centers in various cities across the country.

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India blocks 14 apps in Jammu and Kashmir for spreading terror

These mobile applications were reportedly used by terrorists in Kashmir to communicate with their supporters and on-ground workers (OGW). With the help of other intelligence agencies operating in the valley, a list of such apps was prepared that pose a threat to national security and do not follow Indian laws. After getting the list prepared, the concerned Ministry was informed of the request to ban these mobile applications.

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Meta seeks OpenAI's help to create AI coding assistant for its engineers

Meta (formerly Facebook) is reportedly in touch with Microsoft and OpenAI's to develop an artificial intelligence (AI) coding assistant for its engineers.

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