Billionaire investor Marc Lasry announced Thursday he will step down as chairman of Ozy Media, just days after The New York Times reported the company’s COO impersonated a YouTube executive on a call with potential investor Goldman Sachs. Lasry, who is also owner of NBA champions the Milwaukee Bucks and CEO of Avenue Capital Group,
Month: September 2021
Meesho, an Indian “social commerce” platform backed by Facebook and SoftBank Group, said on Thursday it had raised $570 million (roughly Rs. 4,230 crores) in a funding round led by Fidelity Management & Research Company and B Capital Group. The latest funding round values the company at $4.9 billion (roughly Rs. 36,400 crores), Meesho said in
PlayStation Plus October free games list is out. Players will get three new games in the coming month — Hell Let Loose, PGA Tour 2K21, and Mortal Kombat X. Two out of the three games will be available for PlayStation 4 (PS4) players, while the 2019 World War II-inspired multiplayer game Hell Let Loose will
The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Investments in AI are growing at an accelerated pace, according to a new report from the Organization for Economic Cooperation and Development (OECD). The Paris, France-based group found that the U.S. and China lead the growing wave of funding, taking
Cybersecurity researchers have disclosed an unpatched security vulnerability in the protocol used by Microsoft Azure Active Directory that potential adversaries could abuse to stage undetected brute-force attacks. “This flaw allows threat actors to perform single-factor brute-force attacks against Azure Active Directory (Azure AD) without generating sign-in events in the targeted organization’s tenant,” researchers from Secureworks
Russian authorities on Thursday warned social media giant Facebook it faces a fine of up to 10 percent of its annual turnover in the country unless it fails to delete content Moscow deems illegal. Upping the ante in its standoff with US Big Tech, state communications regulator Roskomnadzor told Reuters it was planning to send
Premium smartwatches are feature-loaded and equipped with various sensors to generate accurate data. If you are looking to invest in a premium smartwatch, here are some options for you. 1. Amazfit GTS 2 Mini Amazfit GTS 2 Mini features a 1.55-inch AMOLED display with 314 PPI resolution, and an aluminium alloy body. It comes with
Fairphone 4 was launched on Thursday as the latest smartphone by the company that is claimed to be “ethical, reliable, and sustainable.” It is touted as the company’s most sustainable smartphone to date. The new Fairphone 4 comes with 5 years of warranty. It sports a 6.3-inch full-HD+ IPS LCD display with a 19.5:9 aspect
The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! ContractPodAI, an AI-powered contract management solution provider, today announced that it raised $115 million in a series C investment led by SoftBank Vision Fund 2 at “five times” its valuation compared with July 2019. The round, which saw participation from
The IDC cloud security survey 2021 states that as many as 98% of companies were victims of a cloud data breach within the past 18 months. Fostered by the pandemic, small and large organizations from all over the world are migrating their data and infrastructure into a public cloud, while often underestimating novel and cloud-specific
Facebook, under criticism over internal data showing its Instagram app damaged the mental health of teenagers, plans to highlight during a US Senate hearing on Thursday what it argues were more positive impacts, according to the company’s prepared testimony seen by Reuters. Antigone Davis, global head of safety at Facebook, will detail the company’s previously announced
It appears the long-running feud between Elon Musk and fellow billionaire Jeff Bezos has surpassed the lower Earth orbit and gone extra-terrestrial. After Bezos’s Blue Origin challenged a NASA contract to Musk’s SpaceX for developing a lander to take astronauts to the Moon for the first time since 1972, Musk called out Bezos on social
Samsung Galaxy A33 is reportedly in development, as per the latest leaks. It is said to launch sometime in 2022 along with other Galaxy A-series smartphones like Galaxy A13, Galaxy A53, and Galaxy A73. The Galaxy A33 smartphone is speculated to replace Samsung Galaxy A32 that was launched earlier this year in 5G and 4G
Environmentalists protesting outside Amazon’s shareholder meeting Paayal Zaveri | CNBC Amazon settled with two former employees who the National Labor Relations Board claimed were illegally fired for publicly speaking out about the company’s climate record and labor policies. Terms of the settlement between Amazon and the two employees, Emily Cunningham and Maren Costa, weren’t immediately
Amazon Great Indian Festival 2021 sale will be back in October as a month-long celebration. Amazon’s big Diwali-special sale will kick off on October 3 with hundreds of deals across all major product categories. The company will be offering early access to its Prime members. Amazon Great Indian Festival 2021 sale promises great prices on
FIFA 22, NHL 22, Far Cry 6, Guardians of the Galaxy, and Metroid Dread — October is shaping up to be an action-packed month for gamers on all platforms. While you can steps into the new club jerseys of Cristiano Ronaldo and Lionel Messi in FIFA 22, you can also try your luck in ice
The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! BSIMM12 data indicates a 61% increase in software security groups’ identification and management of open source over the past two years, almost certainly due to the prevalence of open source components in modern software and the rise of attacks using
Facebook on Wednesday announced it’s open-sourcing Mariana Trench, an Android-focused static analysis platform the company uses to detect and prevent security and privacy bugs in applications created for the mobile operating system at scale. “[Mariana Trench] is designed to be able to scan large mobile codebases and flag potential issues on pull requests before they
Facebook will invest $50 million (roughly Rs. 370 crores) to partner with organisations to responsibly build the so-called metaverse — a digital world where people can use different devices to move and communicate in a virtual environment. Facebook, the world’s largest social network, has invested heavily in virtual reality and augmented reality, developing hardware such
NASA’s Hubble Space Telescope has given new insights into Jupiter’s Great Red Spot. Researchers have noticed that the speed of the winds in the massive planetary storm has increased over the last decade. This observation came after the analysis of Hubble’s regular “storm reports”. The average speed of the winds near the boundary has increased by
iPad mini 2021 users have reported a slightly uneven scroll issue when using the device in portrait mode. This is said to be specifically apparent when scrolling on a screen with a lot of text. The term ‘jelly scroll’ was also coined for this issue and Apple has officially responded on the matter. The company
Elizabeth Holmes, left, and Steve Jobs CNBC; David Paul Morris | Bloomberg | Getty Images As the media started comparing Elizabeth Holmes to Steve Jobs, the former Theranos CEO wrote a note to herself that contained three telling words. “Becoming steve jobs -” Holmes wrote on April 2, 2015, according to documents obtained by CNBC.
Google Search is getting smarter by deploying the proprietary Multitask Unified Model (MUM). At the Search On event on Wednesday, the Mountain View, California-based company announced a series of updates coming to Google Search that will leverage MUM to enhance user experience. Google is also bringing a redesigned Search page for users where it will
Motorola Revou-Q QLED smart TV range was launched in India by Flipkart on Wednesday. The new range comes in two sizes 50- and 55-inches, and is bundled with a wireless gamepad to attract gamers looking to buy a new TV this festive season. The Motorola Revou-Q TVs support Dolby Vision and HDR10 support, and also
Battlefield 2042 will debut globally on November 19. Ahead of its launch, the developers have announced that the game will be available in open beta on October 8 and October 9 with early access on October 6 and October 7 for players who have pre-ordered the game. The open beta test announcement also lists the
The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! Read AI, a startup developing an AI-powered platform for meeting metrics, today emerged from stealth with $10 million in seed funding from Madrona Venture Group with participation from PSL Ventures and individual investors. With the funding, cofounder and CEO David
A newly discovered “aggressive” mobile campaign has infected north of 10 million users from over 70 countries via seemingly innocuous Android apps that subscribe the individuals to premium services costing €36 (~$42) per month without their knowledge. Zimperium zLabs dubbed the malicious trojan “GriftHorse.” The money-making scheme is believed to have been under active development
China’s cyberspace watchdog and other government bodies will set up governance rules for algorithms in around three years, it said on Wednesday, as Beijing seeks to tighten its grip on the algorithms technology companies use to attract users. The Cyberspace Administration of China (CAC) said in a statement that algorithms developed by technology firms should
Wood is a bad conductor of electricity. But scientists in Switzerland have found a way to generate electricity using wood and it is said to be safe and not give a shock. They have developed a new type of wooden flooring that generates power when a person walks on it. As surprising as it may
Samsung Galaxy A03’s launch seems imminent as the smartphone was recently spotted in US Federal Communications Commission (FCC) certification and Geekbench benchmark listings. The US FCC listing suggests that the smartphone will get a 5,000mAh battery. On the other hand, the Geekbench listing lists the Samsung Galaxy A03 with a Unisoc processor paired with 2GB
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