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CES 2022 will go on as per the schedule

Google, Microsoft, and other major technology companies have withdrawn from the CES 2022. The association, on the other hand, is unfazed by the absence of major attendees; the team as a whole has no plans to cancel the event or host it virtually. Previously, tech companies such as Twitter, Amazon, and Pinterest had withdrawn from the event due to Omicron concerns. “After reviewing the latest data on the rapidly evolving COVID environment, Microsoft has decided not to participate in-person at CES 2022,” a company spokesperson told the Verge. The company…

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Swiggy to lead a funding round worth $2 Mn in rapido

Swiggy is not known for making large strategic bets, but that is about to change as the SoftBank-backed company prepares to invest in Rapido, a bike taxi company. Swiggy and Rapido have been in talks for a potential deal for several months, according to three people familiar with the details of the transaction. “The terms of the deal have been finalised wherein Swiggy would lead a $200 million round in Rapido. It’s likely to invest around $100 million whereas the remaining $100 million would come from new and existing investors,”…

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DoT directs telcos to keep data and call records at least for two years

The Department of Telecom (DoT) has requested that telecom companies and internet service providers (ISPs) keep commercial and call detail records for at least two years, citing security concerns. According to reports, the amendment to the Unified License Agreement was made in response to requests from security agencies. Previously, subscribers’ call data and internet usage records were archived for one year. The licence amendments were issued on December 21 and were extended to other types of telecom permits on December 22. “The licensee shall maintain all commercial records/call detail record/exchange…

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Huawei Smart Glasses with detachable front frame

Huawei has developed a new smart glasses called ‘Huawei Smart Glasses’ in China, with a removable front frame design. Classic frame, Stylish pilot, and Retro round frame are the three classic frame options available for the smart glass. It’s also available in a variety of bright frames. The new Huawei smart glasses are the first to feature HarmonyOS. According to GizmoChina, the glasses offer simultaneous connection of two devices, one-key switching of numerous devices, and visible smart connectivity. They have powerful 128mm speakers and microphones for hands-free access to Huawei’s…

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Hyundai will present robotic based mobility vision at CES tech event

Hyundai revealed on Thursday that it would showcase its future mobility vision based on robotics technologies at an upcoming international consumer electronics convention in the United States, underscoring its push to become an advanced mobility service provider. Hyundai Motor will exhibit its vision of how robotics might revolutionize the role and mode of transportation in the future during the Consumer Electronics Show (CES), which will be held in Las Vegas from January 5-8, under the theme “Expanding Human Reach,” the carmaker said in a statement. Robotics as a medium that…

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Big companies will not attend CES 2022

Facebook, Twitter, Amazon, and Pinterest have withdrawn from the Consumer Electronics Show 2022. Amazon, Facebook, and Twitter have all issued separate statements stating that they will not be attending the CES 2022, which will be held in Las Vegas in January. For not attending the Electronics show, the companies cited growing concerns about the new Omicron variant. “Out of an abundance of caution and care for our employees, we won’t be attending CES in-person due to the evolving public health concerns related to COVID-19,” Meta was quoted as saying by…

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Snapdeal plans to raise ₹1250 crore through the sale of new shares

Snapdeal Ltd., an Indian e-commerce startup backed by SoftBank Group Corp., has filed preliminary documents for an initial public offering, joining the rush of tech companies looking to debut on the country’s exchanges in the midst of a record-breaking stock market rally. According to its proposal red herring prospectus, or DRHP, filed with the Securities and Exchange Board of India, the New Delhi-based company intends to raise 1250 crore ($165 million) through the sale of new shares. Furthermore, existing stockholders, including SoftBank, intend to sell up to 30.77 million secondary…

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The new Silicon Valley get-rich-quick job

When Sandy Carter quit her position as a vice president of Amazon’s cloud computing unit this month, she stated in a LinkedIn post that she was joining a crypto technology startup. She included a link for open positions at the startup. Within two days, she claimed, more than 350 people – many from the world’s largest internet companies – had clicked the link to apply for jobs at Unstoppable Domains. The company provides internet addresses that are stored on the blockchain, a distributed ledger system. “It’s the perfect storm,” Carter…

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Meta, CBSE partnership to enable 10 mn students embrace immersive tech

Meta (formerly Facebook) will expand its partnership with the Central Board of Secondary Education (CBSE) to provide a curriculum on digital safety and online well-being, as well as augmented reality (AR), to over 10 million students and 1 million educators in the country over the next three years. Furthermore, in accordance with the government’s vision of universalizing education, Meta and CBSE will democratise the high school curriculum by providing students with online access to quality educational content via modules that will be made available on CBSE’s website. Meta founder and…

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Ransomware attack on Kronos impacts paychecks of several companies

Ultimate Kronos Group (UKG), a major technology firm that provides human resource management solutions to other companies, was hit by a critical ransomware attack. The cyber attack has rendered several of the firm’s clients unable to access their payroll systems, and the situation could last for weeks. In a blog post, the company informed its clients and communities that the cyber attack had disrupted the Kronos Private Cloud. Kronos Private Cloud houses a number of the company’s solutions, such as UKG Workforce Central, UKGTeleStaff, Healthcare Extensions, and Banking Scheduling Solutions….

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