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Meta’s AI Finds a Home: India Now Largest Market as Q2 Revenue Hits $39.1 Billion

New Delhi | Updated 03-08-2024, 01:19 PM Meta’s Q2 revenue hits $39.1 billion, with a 22% year-over-year increase. India becomes Meta’s largest market for AI usage, particularly on WhatsApp. Meta expands AI assistant to seven new languages, including Hindi, and sees growth in its Threads platform.   India has emerged as Meta’s largest market for AI usage, CEO Mark Zuckerberg revealed during the company’s second-quarter earnings call. This milestone highlights the rapid adoption of AI technology in India and Meta’s growing presence in the country. “We are seeing particularly promising…

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Chandrayaan-3 Success Boosts Startup Interest in Indian Space Sector: Former ISRO Scientist

New Delhi | Updated 03-08-2024, 12:51 PM ISRO’s Chandrayaan-3 mission sparks startup interest in Indian space sector, says ex-ISRO scientist Nambi Narayanan. Tamil Nadu Minister TRB Rajaa and Narayanan launch Vaanam Space Tech Accelerator to support space startups. Vaanam aims to nurture startups with expertise and funding, evaluating six startups this year.   The successful Chandrayaan-3 mission by ISRO has ignited a wave of interest among startups aiming to enter the Indian space sector, according to former ISRO scientist Nambi Narayanan. This enthusiasm was evident at the launch of the…

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TechnoXian World Robotics Championship 2024: A Global Confluence of Innovation and Competition

New Delhi | Updated 01-08-2024, 03: 32 PM The TechnoXian World Robotics Championship 2024 is set to break new records and elevate the standards of global robotics competitions. Scheduled to take place from August 24th to 27th at the Noida Stadium, this prestigious event will witness unprecedented participation and groundbreaking challenges. Key Highlights: 50+ Countries Participating: Teams from over 50 countries will converge to showcase their robotic innovations and compete for top honors. Record-Breaking Participation: With 50,000 participants from 5,000 schools and colleges, TechnoXian 2024 is poised to set a…

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Meta Top Executive Says India Is the Largest Market in the World for Meta AI Usage

New Delhi, UPDATED: Aug 1, 2024 02:52 IST In Short Meta’s Q2 earnings show a 50% share rise and 22% revenue growth. India is the largest market for Meta AI usage. Meta AI rolled out in India in June 2024 on WhatsApp, Facebook, Instagram, and Messenger. Meta reported its second-quarter earnings on Wednesday, revealing a significant milestone: its shares have risen by nearly 50%, and revenue has increased by 22% this quarter. Central to these achievements is the Indian market. During the earnings call, Meta CFO Susan Li highlighted India…

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Technoxian World Cup 2024 to be Held from August 24th to 27th at Noida Stadium

New Delhi | July 25, 2024,05 :53 PM   50 countries will participate, bringing together 2,500 teams. Over 20,000 participants are expected to compete in 14 categories of games. The event will take place at the Noida Stadium from August 24th to 27th.   The All-India Council for Robotics & Automation (AICRA) is thrilled to announce the Technoxian World Cup 2024, set to take place from August 24th to 27th at the iconic Noida Stadium. This prestigious event promises to be a landmark in the world of robotics and automation,…

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Google Updates Play Store with AI and Other Features to Transform User Experience

New Delhi, UPDATED: Jul 25, 2024 10:58 IST In Short: Google introduces AI-generated app reviews and FAQs to simplify app selection. Curated content spaces and personalised game recommendations enhance user experience. Expanded Play Points rewards programme offers new perks and exclusive events.   Google is revolutionising its Play Store to offer a richer user experience with the introduction of AI-driven features and several enhancements. These updates aim to make navigation easier and content more personalised, transforming the Play Store into a comprehensive digital hub. AI-Generated App Reviews Google’s new AI-generated…

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Google Paid Money to Reddit, Now Reddit Has Banned All Other Search Engines from Its Pages

New Delhi, UPDATED: Jul 25, 2024 10:06 IST Google is now the only mainstream search engine allowed on Reddit. Reddit has blocked all other search engines, including DuckDuckGo and Bing. The move is speculated to result from a recent deal between Google and Reddit.   Reddit, the popular social media platform, has recently phased out all search engines except for Google, effectively making Google the sole search engine to be used on its platform. This decision blocks engines like DuckDuckGo and Bing from indexing and displaying recent posts and comments…

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Without Backup Plans, Global IT Outages Will Happen Again

Experts warn that without contingency plans and redundancies, global IT outages like Friday’s will continue. A conflict between CrowdStrike’s update and Microsoft’s Windows OS caused widespread disruptions. The incident raises concerns about market concentration in the cybersecurity industry.   New Delhi | July 21, 2024 08:53 IST A recent global IT outage, which disrupted services from airlines to healthcare, underscores the critical need for robust contingency plans and network redundancies. The outage, caused by a software conflict between an update from U.S. cybersecurity firm CrowdStrike and Microsoft’s Windows operating system,…

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Kamala Harris’ Policies: Where Does the US Presidential Candidate Stand on Regulating Big Tech and AI?

Kamala Harris, now a major contender in the 2024 presidential elections, has a long history with the tech industry, rooted in Silicon Valley. As a senator, Harris grilled Facebook CEO Mark Zuckerberg over data privacy issues during the Cambridge Analytica scandal. Harris advocates for regulating tech companies to ensure consumer privacy but does not support breaking up big tech firms. She expresses concerns about the immediate threats posed by AI, particularly its impact on democracy and misinformation.   New Delhi | Updated: July 22, 2024 15:01 IST Kamala Harris has…

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Debut of Startup Dangal at Startup Mahakumbh 4.0: Vetdiag Genomix Emerges as Winner

 Vetdiag Genomix, founded by Dr. G. Mohana Sheela, won the inaugural Startup Dangal competition with its innovative  solutions. The debut of Startup Dangal featured diverse startups from various sectors, highlighting the vast potential and dynamic nature of India’s entrepreneurial ecosystem. The event provided startups with visibility, networking opportunities, and valuable feedback from industry experts, setting a promising precedent for future editions of the competition.   New Delhi,02-07-2024– The highly anticipated debut of Startup Dangal took center stage at Startup Mahakumbh 4.0, marking a significant milestone in the event’s history. Organized…

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