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Infosys plans to hire over 25,000 freshers in FY 2021-22
short by Pragya Swastik / on 14 Apr 2021,Wednesday
Infosys plans to hire more than 25,000 freshers in the financial year 2021-22, the company's Chief Operating Officer (COO) UB Pravin Rao said during an earnings call on Wednesday. The company plans to hire 24,000 freshers from campuses within the country and 1,000 freshers from overseas. Infosys hired 21,000 freshers from campuses in FY21, of whom 19,000 were from India.
short by Pragya Swastik / 09:22 pm on 14 Apr
Man points out Musk worked at company named 'Rocket Science'; Musk responds
short by Pragya Swastik / on 14 Apr 2021,Wednesday
Tesla and SpaceX CEO Elon Musk has responded to a man who tweeted that the SpaceX Founder and CEO worked at a videogame company named 'Rocket Science' in the early 90s. The man had also remarked on the coincidence and tweeted, "Fate loves irony." Musk responded, "True. Ancient times...Had to flip CPU registers explicitly, as the computer was so slow."
short by Pragya Swastik / 05:53 pm on 14 Apr
Toshiba CEO steps down amid turmoil over buyout offer
short by Kiran Khatri / on 14 Apr 2021,Wednesday
Toshiba on Wednesday said that its President and CEO Nobuaki Kurumatani is stepping down effective immediately. He will be replaced by Chairman Satoshi Tsunakawa, the company added. The move comes after the firm's board raised questions over a buyout offer from CVC Capital Partners, where Kurumatani formerly headed Japanese operations. The deal was reportedly valued at over $20 billion.
short by Kiran Khatri / 10:03 am on 14 Apr
Vivo phones banned by Hong Kong-based cargo airline after fire
short by Pragya Swastik / on 13 Apr 2021,Tuesday
A Hong Kong-based cargo airline has reportedly announced a ban on Vivo phones after a major cargo fire at Hong Kong Airport. The fire occurred on the airport's apron just before a shipment containing Vivo Y20 phones and related accessories was due to be loaded into a Hong Kong Air Cargo plane. China's Vivo said that it's investigating the matter.
short by Pragya Swastik / 08:10 pm on 13 Apr
Dogecoin surpasses 10 cents for the 1st time, jumps 80% in 24 hrs
short by Kiran Khatri / on 14 Apr 2021,Wednesday
Dogecoin, a cryptocurrency inspired by a "doge" meme, has surpassed 10 cents for the first time. The virtual currency surged nearly 80% in 24 hours and was trading at a record price of $0.13 on Wednesday, according to CoinDesk. Its market value touched over $16 billion. Dogecoin has surged over 2,000% from the start of the year.
short by Kiran Khatri / 01:56 pm on 14 Apr
'Leave Britney Alone' YouTube video sells as NFT for over ₹30 lakh
short by Hiral Goyal / on 14 Apr 2021,Wednesday
One of the first viral YouTube videos, "Leave Britney Alone" by Chris Crocker, has been sold as a non-fungible token, or NFT, for over $41,000 (about ₹30 lakh). The video was first uploaded to YouTube in September 2007 and garnered over 20 lakh views within 24 hours. Crocker said they created the video as a "gender-bending teenage high school dropout".
short by Hiral Goyal / 04:17 pm on 14 Apr
Internet needs new rules around the world: Facebook India head
short by Krishna Raj / on 14 Apr 2021,Wednesday
Facebook India head Ajit Mohan said the internet needs new rules, not just in India but around the world. "We operated for a very long time with not enough clarity on...traffic lights...we should think...about how we navigate complex issues where there are competing trade-offs," he said. Organisations should be more transparent about how they use customer data, he added.
short by Krishna Raj / 08:20 pm on 14 Apr
Google fined $37 million for breaking Turkey's competition law
short by Hiral Goyal / on 14 Apr 2021,Wednesday
Turkey has fined Google 296 million lira (about $37 million) for violating the country's competition law and abusing its dominant position in the search engine services area. Google complicated search results by prominently placing text ads at the top of general search results, Turkey's Competition Authority said. Within 6 months, Google must ensure that competitors aren't disadvantaged, it added.
short by Hiral Goyal / 08:58 pm on 14 Apr
Apple announces its next event 'Spring Loaded' for April 20
short by Aishwarya Awasthi / on 13 Apr 2021,Tuesday
Apple has sent out invites for its first event of 2021, 'Spring Loaded', which will be held online on April 20. The firm is expected to launch new iPad Pro models that are powered by faster chipsets, while one of them will reportedly sport an advanced Mini LED screen. Apple's rumoured AirTags, a Bluetooth item tracker, could also launch.
short by Aishwarya Awasthi / 10:26 pm on 13 Apr
Facebook is testing video speed-dating app called Sparked
short by Aishwarya Awasthi / on 13 Apr 2021,Tuesday
Facebook is testing a video speed-dating app called Sparked that is being developed by the company's NPE Team, The Verge reported citing Sparked's webpage. The app will seemingly cycle people through speed video dates that last four minutes. If both the users have a good time, they can schedule a second date that lasts 10 minutes.
short by Aishwarya Awasthi / 09:59 pm on 13 Apr
SpaceX selected to launch NASA's VIPER lunar rover in 2023
short by Aishwarya Awasthi / on 14 Apr 2021,Wednesday
Space technology startup Astrobotic has chosen SpaceX's Falcon Heavy for its Griffin Mission 1 lunar lander mission, which will deliver NASA's rover VIPER to the Moon in 2023. Astrobotic didn't disclose the deal's terms. VIPER is a mobile robot that will investigate Moon's South Pole to get a close-up view of the location of water ice that could be harvested.
short by Aishwarya Awasthi / 08:00 am on 14 Apr
Auction house Sotheby's sells NFT works by digital artist
short by Aishwarya Awasthi / on 13 Apr 2021,Tuesday
Auction house Sotheby's is holding a three-day sale of NFT works, titled 'The Fungible', by digital artist Pak. The collection consists of an open edition and six other works including "one-of-one" NFTs. 'The Fungible Open Edition' enables collectors to purchase as many fungible "cubes" as they wish during the sale period for a starting price of now $1,000.
short by Aishwarya Awasthi / 08:39 pm on 13 Apr
'Fortnite' maker Epic Games' valuation jumps to $28.7 billion
short by Hiral Goyal / on 13 Apr 2021,Tuesday
Epic Games, the creator of a popular video game 'Fortnite', has raised $1 billion in the latest financing round which has valued the company at $28.7 billion. The funding includes an investment of $200 million from Sony Group, Epic Games said. The CEO of the American video game developer, Tim Sweeney, remains the controlling shareholder, the company added.
short by Hiral Goyal / 09:45 pm on 13 Apr
Facebook shuts down page of French town 'Bitche', restores it later
short by Hiral Goyal / on 13 Apr 2021,Tuesday
Facebook has restored the official page of French town named "Bitche" which was shut down without any explanation last month. "The name of our town seems to suffer from bad interpretation," Mayor Benoît Kieffer said, adding that a Facebook executive has apologised. In a statement to Guardian, Facebook said the page was unpublished due to incorrect analysis by its systems.
short by Hiral Goyal / 09:18 pm on 13 Apr
NYSE launches 'First Trade' NFTs of 6 firms that recently went public
short by Aishwarya Awasthi / on 13 Apr 2021,Tuesday
The New York Stock Exchange has launched "First Trade" NFTs of six stocks that recently went public to "memorialize" their First Trade. NYSE's first class of NFTs represents the First Trade of Spotify, which executed the inaugural direct listing on the exchange. NYSE's offerings also include Snowflake, Unity, DoorDash, Roblox and Coupang.
short by Aishwarya Awasthi / 11:06 pm on 13 Apr
Digital currencies issued by central banks do not threaten the existence of cryptocurrencies, analysts at Morgan Stanley said in a report. "Cryptocurrencies will still exist, as they continue to serve other use cases," they added. The report further said buyers are increasingly viewing cryptocurrencies like Bitcoin as new institutional asset classes, rather than replacement payment systems.
short by Hiral Goyal / 11:08 pm on 13 Apr
Sad to see a friend leaving: Korean man who collected 90 LG phones
short by Hiral Goyal / on 14 Apr 2021,Wednesday
South Korean Ryu Hyun-soo, who describes himself as "LG phone maniac", said it's "sad to see a friend leaving" now that LG has announced its exit from mobile phone business. The 53-year-old said he "went all in" on LG phones due to its audio. Ryu collected 90 LG devices over 23 years. He said he plans to use them "forever".
short by Hiral Goyal / 09:00 am on 14 Apr
When we started Coinbase in 2012, Bitcoin was worth $6: Co-founder
short by Hiral Goyal / on 14 Apr 2021,Wednesday
Coinbase Co-founder Fred Ehrsam said that when he started the cryptocurrency exchange platform in 2012, Bitcoin was worth $6. "It was only known by a few nerds on the internet," he said, adding that he met Coinbase Co-founder Brian Armstrong on Reddit. Ehrsam further said that Coinbase launched out of a two-bedroom apartment that they shared with another company.
short by Hiral Goyal / 06:41 pm on 14 Apr
Cambridge Analytica scandal was tipping point for privacy: Microsoft
short by Krishna Raj / on 14 Apr 2021,Wednesday
Microsoft President Brad Smith said that the Cambridge Analytica-Facebook data scandal was the "tipping point" for privacy globally. He further said that the event along with other similar incidents impacted how people think about technology more broadly now. "It (cybersecurity) is an extraordinarily important issue...I think the recent...attacks underscored that even more clearly," he added.
short by Krishna Raj / 08:29 pm on 14 Apr
Instagram to let users choose to hide 'likes' in global test
short by Hiral Goyal / on 14 Apr 2021,Wednesday
Instagram has announced a small global test which will let users choose whether to hide or show "like" counts on their own and other people's posts. This comes after Instagram ran experiments in which it removed "likes" for a small group of users. Last month, Instagram accidentally hid "likes" for a large number of users for a brief period.
short by Hiral Goyal / 10:29 pm on 14 Apr
FBI hacked hundreds of vulnerable US computers to fix malware
short by Hiral Goyal / on 14 Apr 2021,Wednesday
The FBI remotely hacked into hundreds of vulnerable computers in the US to remove malicious malware, US Justice Department said. An earlier malicious hacking campaign, which affected Microsoft Exchange Server customers, placed backdoors that could let hackers into those systems again. The FBI used those same backdoors to remotely delete themselves.
short by Hiral Goyal / 07:22 pm on 14 Apr
Bitcoin breaches $64,000-mark for the first time
short by Kiran Khatri / on 14 Apr 2021,Wednesday
The world's largest cryptocurrency Bitcoin crossed the $64,000-mark for the first time on Wednesday. It rose as much as 1.6% to as high as $64,207 in Asia trading. The rally comes amid growing acceptance among companies like Tesla, Goldman Sachs, Morgan Stanley, Mastercard and others. The cryptocurrency has surged around 120% since the start of the year.
short by Kiran Khatri / 02:48 pm on 14 Apr
Ether hits all-time high of $2,300, crosses $270 billion in m-cap
short by Krishna Raj / on 14 Apr 2021,Wednesday
Ether, world's second-largest cryptocurrency, rose more than 5% in the last 24 hours to hit a new all-time-high of $2,300 on Wednesday, according to CoinDesk. The cryptocurrency, which runs on the Ethereum network, crossed $270 billion in market capitalisation for the first time. The cryptocurrency has surged 205% year-to-date amid a broader cryptocurrency rally led by Bitcoin.
short by Krishna Raj / 04:45 pm on 14 Apr
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