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Jay-Z Joins Twitter CEO Jack Dorsey’s Board of Directors for Company ‘Square’

A celebrity has just joined the board of directors of one of the up and coming companies started by Twitter CEO Jack Dorsey. While Jay-Z has been active in the business world and is still a well known rapper, the recent seat still comes as a surprise. Jay-Z Joins Jack Dorsey’s Square According to the story by CNet, Square, a certain mobile-payments company that is reportedly owned by Twitter CEO Jack Dorsey, has just added Jay-Z to the company’s official board of directors. The board of directors are critical to…

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Cognizant Attrition High Time, Impacting Revenue

Even as Cognizant has made offers to 28,000 campus hires for onboarding this year, the company’s attrition rate continues to stay very high, compared to those of its Indian peers. Some of the latter are seeing these rates decline, but Cognizant’s has risen in the past two quarters and has hovered in the range of 18%-24% for the past nine quarters. In the latest quarter, the company’s attrition rose to 21%, translating to about 15,600 employees leaving the firm. It was 19% in the preceding quarter and was 24% in…

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Windows 10X: Microsoft reportedly shelves its ambitious lightweight operating system

Windows 10X is apparently dead. Microsoft’s long-awaited Windows 10X operating system, its Chrome OS competitor, has been cancelled. According to Petri, Microsoft won’t ship the operating system anytime soon. The Windows 10X, which many thought would be a fresh take on Windows 10, was supposed to come first on single-screen devices designed for education and business use. While Microsoft may have stopped the development of Windows 10X, the company is still expected to bring some elements of the operating system to Windows 10 later this year. It is said that…

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MIT Researchers have Built a Powerful Nanoscale Flashlight on a Chip

For many decades, scientists have used light to identify a material by observing how that light interacts with the material. They do so by essentially shining a beam of light on the material, then analyzing that light after it passes through the material. Because all materials interact with light differently, an analysis of the light that passes through the material provides a kind of “fingerprint” for that material. Imagine doing this for several colors — i.e., several wavelengths of light — and capturing the interaction of light with the material…

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Cryptocurrency Investors Should be Prepared to Lose All Their Money: BoE Governor

LONDON — Cryptocurrencies “have no intrinsic value” and people who invest in them should be prepared to lose all their money, Bank of England Governor Andrew Bailey said. Digital currencies like bitcoin, ether and even dogecoin have been on a tear this year, reminding some investors of the 2017 crypto bubble in which bitcoin blasted toward $20,000, only to sink as low as $3,122 a year later. Asked at a press conference Thursday about the rising value of cryptocurrencies, Bailey said: “They have no intrinsic value. That doesn’t mean to…

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Facebook Allows Drug Ads to Target Teens, Activists Say

TEENAGERS ON FACEBOOK can be targeted by ads endorsing alcohol, drugs, gambling, smoking, and eating disorders, according to a report by a watchdog group. The Tech Transparency Project created six test ads and submitted them to Facebook, saying it wanted to reach users ages 13 to 17. Facebook approved all the ads within hours, including one promoting pill parties in 43 minutes. “This is an easy fix, and Facebook should have had the foresight to make it a long time ago,” said Tech Transparency Project director Katie Paul. “Whether this…

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Zomato may Invest $100 million in Grofers as e-Grocer Shelves US IPO Plan

Food delivery app Zomato is in talks to invest around $100 million in e-grocer Grofers, two people in the know told ET, after discussions of a possible merger between the two fell through last year at the onset of the Covid-19 pandemic. Zomato’s investment is likely part of a larger financing round and may value the Gurugram-based online grocery firm at around $1 billion, sources said. This time the talks have centred around a capital infusion, unlike last year when Zomato would have likely acquired Grofers in an all-stock deal….

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India’s Smartphone Industry Grew by 23% in Q1; Xiaomi leads, Samsung second

India’s smartphone shipments grew by a robust 23 per cent in the first quarter of calendar year 2021 at over 38 million units, the latest research report by Counterpoint’s Market Monitor has said. This was the highest ever first quarter shipment in the country which was boosted by new product launches, promotions and financial schemes, as well as pent-up demand from last year. Xiaomi led the market in Q1 2021 with a 26% shipment share accounting for five out of the top 10 smartphone models. Samsung was second, logging the…

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Google Assistant adds new features to helps families on Mother’s Day 2021

Ahead of Mother’s Day 2021 on May 9 this year, Google Assistant is bringing a couple of new features for mothers around the world. A new update to the assistance service brings new entertainment content, a family bell feature and a new enhanced broadcast messaging feature. Google announced the new features in a blog post on May 6. Here’s a detailed look at everything new that Google Assistant can now do, that can help not just moms, but the whole family. Enhanced Broadcast Feature The new enhanced broadcast feature lets…

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India’s Cyber Agency Issues High Severity Security Warning for WhatsApp Users

India’s cybersecurity agency has warned WhatsApp users in the country about certain vulnerabilities detected in the messaging app. These vulnerabilities could lead to a breach of sensitive information of WhatsApp users. The CERT-In or the Indian Computer Emergency Response Team has issued a “high” severity rating advisory. The agency has stated that vulnerability has been discovered in software that has “WhatsApp and WhatsApp Business for Android prior to v2.21.4.18 and WhatsApp and WhatsApp Business for iOS prior to v2.21.32.” The CERT-In is the national technology arm that tackles cyber attacks…

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