Apple CEO Tim Cook discussed AR, VR, and more in a new interview with Dutch media outlet Bright. He said Apple avoids using the term “metaverse” because the average person doesn’t know what it is. The tech giant’s approach is a stark contrast to Mark Zuckerberg’s obsession with the metaverse. Something is loading. Apple CEO … Read more
The Indian Railway Catering and Tourism Corporation (IRCTC), due to privacy concerns, withdrew a contentious tender for the employment of a consultant to monetise its passenger and freight customer data, officials said on August 26. The railroads’ ticketing and catering division told Congress leader Shashi Tharoor’s Parliamentary Standing Committee on Information Technology that it was … Read more
Switchboard is a video meeting startup that lets teams collaborate on other software in real time. It went viral on Product Hunt and signed up over 1,200 teams in one week with no marketing budget. They’ve just raised a $25 million Series A led by Icon Ventures to take on Zoom and Microsoft Teams. Switchboard … Read more
One 97 Communications, the parent Company of Paytm is scheduled to hold it’s AGM on August 19, 2022. Ahead of the meeting, Institutional Investor Advisory Services India (IiAS), a proxy advisory firm, has advised shareholders of One 97 to vote against some key proposed resolutions. Reappointment of Vijay Shekhar Sharma (VSS) as the MD – … Read more
Investor Mark Cuban said buying metaverse land is “the dumbest shit ever.” Virtual real estate exploded in popularity last year, with companies like Sandbox selling property. But the metaverse is nowhere close to materializing, and interest in it appears to be waning. Something is loading. Billionaire investor Mark Cuban is out on digital land purchases. … Read more
Cyber-security researchers have unearthed a new enterprise-grade Android spyware called ‘Hermit’ that is being used by the governments via SMS messages to target high-profile people like business executives, human rights activists, journalists, academics and government officials. The team at cyber-security company Lookout Threat Lab uncovered the ‘surveillanceware’ that was used by the government of Kazakhstan … Read more
Ms. Sandberg has led Facebook — now Meta’s — advertising business and was responsible for nurturing it from its infancy Sheryl Sandberg, the No. 2 executive at Facebook owner Meta, is stepping down, according to a post on Wednesday on her Facebook page. Ms. Sandberg has served as chief operating officer at the social media … Read more
Shares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform. Of the two, Musk’s electric vehicle company has fared worse, with its stock down almost 16% so far this week … Read more
Saudi Aramco on Wednesday dethroned Apple as the world’s most valuable company as surging oil prices drove up shares and tech stocks slumped. The Saudi Arabian national petroleum and natural gas company, billed as the largest oil producing company in the world, was valued at $2.42 trillion based on the price of its shares at … Read more