Welcome to the world of facts and news

India's private space sector skyrockets

There are now 190 Indian space startups, twice as many as a year earlier, with private investments jumping by 77% between 2021 and 2022, according to Deloitte consultancy.

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

Freelancers, startups drive demand for co-working spaces in Bengaluru

Flexible offices or co-working spaces are coming in handy for startups as they save a huge investment of renting, leasing or purchasing the office space. They provide office space as per the requirement, budget and time.

from Tech-Economic Times https://ift.tt/Q7Wo9cw

Apple identifies issues causing overheating in the iPhone 15

After complaints that the new phones are getting very warm, Apple has said that the device may feel warmer in the first few days "after setting up or restoring the device because of increased background activity."

from Tech-Economic Times https://ift.tt/b7Vo2hN

GST on online gaming triggers CV deluge

The increasing number of job seekers reflects their concerns about the GST’s potential effects on their future, say experts.

from Tech-Economic Times https://ift.tt/WuoU6nF

Walmart changes pay and titles for corporate staff

Walmart corporate staff are getting new titles and pay packages in the coming weeks to manage labor costs and simplify the structure of the company's workforce, the Wall Street Journal reported on Saturday.

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

A silver lining from the pandemic: A surge in startups

New research suggests that the COVID-19 pandemic may have sparked a surge in entrepreneurship in the United States. Economists from the University of Maryland and the Federal Reserve found evidence of a sustained increase in new business activity, ranging from restaurants to high-tech startups, during and after the pandemic.

from Tech-Economic Times https://ift.tt/UYhWKB6

US SEC charges FTX's former auditor over independence violations

The U.S. Securities and Exchange Commission (SEC) has charged accounting firm Prager Metis with multiple violations of auditor independence. The SEC stated that between December 2017 and October 2020, Prager Metis added indemnification provisions to engagement letters for over 200 audits and other work, hindering the firm's required independence.

from Tech-Economic Times https://ift.tt/SUJjrm3

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...