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Bitcoin hits all-time high of $94,000
short by Pragya Swastik / on 20 Nov 2024,Wednesday
Bitcoin rose to a record high above $94,000 fuelled by a report that US President-elect Donald Trump's social media company Trump Media and Technology Group was in talks to buy crypto trading firm Bakkt. Trump's company, which runs his social media platform Truth Social, is close to an all-stock acquisition of Bakkt, The Financial Times reported.
short by Pragya Swastik / 08:33 am on 20 Nov
An IIT Kharagpur graduate sparked a debate on X after he shared a picture of his "dream house" and thanked Python coding language and his "dream job". "It's not Python it's your generational wealth," an X user said, while another wrote, "Python pays this much..I don't believe." Several other people congratulated the techie for the house in the comments.
short by Pragya Swastik / 11:45 am on 20 Nov
What is the 'STAR' method to ace Google job interviews?
short by Pragya Swastik / on 20 Nov 2024,Wednesday
Google recruiter Erica Combs advised candidates to use the 'STAR' method when answering questions during Google's job interviews. "The STAR method is Situation, Task, Action and Results," she said. "Explain the Situation at hand, the Task that you took to fix the situation, the Action items or steps that you took to fix it, and then the Results," she added.
short by Pragya Swastik / 02:03 pm on 20 Nov
Elon Musk was reportedly engaged in what witnesses described as a "massive blowup" and "huge explosion" during a heated discussion with Donald Trump's adviser Boris Epshteyn. The incident took place at the dinner table at Trump's Mar-a-Lago club. Musk accused Epshteyn of leaking details of Trump's transition to media but Epshteyn said he didn't know what Musk was talking about.
short by Pragya Swastik / 03:22 pm on 20 Nov
Video of Sudha Murty promoting investment opportunity is fake
short by System User / on 19 Nov 2024,Tuesday
An altered video of author and Rajya Sabha member Sudha Murty which shows her promoting an investment opportunity and urging people to invest in it has surfaced. The video has been doctored and overlaid with Murty's AI-generated voice clone. BOOM found that in the original video Sudha Murty is speaking to Ranveer Allahbadia popularly known as BeerBiceps for his podcast.
short by System User / 02:59 pm on 19 Nov
Apple has proposed to invest $100 million in Indonesia to reverse its sales ban on iPhone 16, Bloomberg reported citing people familiar with the matter. The country's Ministry of Industry had done so over Apple's failure to fulfil its earlier pledge to invest $113 million. The proposed investment is ten times higher than Apple's initial $10 million offer, report said.
short by Medhaa Gupta / 05:04 pm on 19 Nov
Zomato CEO Deepinder Goyal on Thursday said he received over 10,000 applications for the Chief of Staff role. Goyal announced the opening for the role on Wednesday and said the employee would have to pay a ₹20-lakh fee and wouldn't get any salary for one year. Goyal said the applicants included both who had the money and those who didn't.
short by Pragya Swastik / 12:48 pm on 21 Nov
Video of FM, RBI governor promoting investment platform is fake
short by System User / on 19 Nov 2024,Tuesday
A doctored video of Union Finance Minister Nirmala Sitharaman and Reserve Bank of India Governor Shaktikanta Das, where they are promoting an investment platform has surfaced. BOOM found that the viral visuals of Nirmala Sitharaman and Shaktikanta Das have been overlaid with AI-generated voice clones.
short by System User / 07:38 pm on 19 Nov
HSBC layoffs likely to be announced soon amid restructuring
short by System User / on 19 Nov 2024,Tuesday
HSBC layoffs will reportedly be announced soon as the firm's new CEO Georges Elhedery introduced his plan to adopt simple, leaner and efficient structure of the global financial service firm. Amid the restructuring exercise, hundreds of bank's managers were asked to reapply in new corporate and institutional banking division.
short by System User / 05:26 pm on 19 Nov
Deloitte laying off 180 employees amid industry struggles
short by System User / on 20 Nov 2024,Wednesday
UK-based consulting and accounting firm Deloitte announced its plan to reduce its workforce to tackle the ongoing struggles in the industry. Deloitte layoffs will affect 180 employees from the UK's advisory division as the company aims for restructuring its business. Previously it cut 900 jobs due to the same reasons.
short by System User / 02:17 pm on 20 Nov
Tech millionaire Bryan Johnson, who's spending around ₹16 crore/year to get an 18-year-old's body, revealed that his face blew up after he injected a donor's fat-derived extracellular matrix to restore his facial fat. He said the allergic reaction got so worse, he couldn't even see. Bryan added he lost facial fat as he reduced caloric consumption from 2,500 to 1,950/day.
short by Ashley Paul / 02:35 pm on 19 Nov
Google must sell Chrome browser to end search monopoly: US DOJ
short by Debaroti Adhikary / on 21 Nov 2024,Thursday
US Justice Department has said that Google must divest its Chrome browser to end its illegal monopoly in online search. The remedy plan also said that Google should be banned from entering browser market for five years. It however only proposed business limits to Android operating system. The proposal will now be decided upon by a US District Judge.
short by Debaroti Adhikary / 12:26 pm on 21 Nov
Salesforce will lay off employees from its 'Own' company
short by System User / on 20 Nov 2024,Wednesday
US-based software company Salesforce will reportedly reduce headcount at its newly acquired company called 'Own'. The Salesforce layoffs were announced during a presentation and the company said that it would affect the roles which are not required. The company added that it would 'take a more prudent approach to future purchases'.
short by System User / 11:17 am on 20 Nov
Instagram allows users to reset recommendations for 'fresh start'
short by Pragya Swastik / on 20 Nov 2024,Wednesday
Meta-owned Instagram is testing the ability for users to reset their recommendations across Explore, Reels and Feed and "start fresh". During resetting, users can also review the accounts they're following and unfollow any account that shares content they no longer want to see. Recommendations will start to personalise again over time, showing new content based on accounts users interact with.
short by Pragya Swastik / 10:39 am on 20 Nov
Australia to fine social media firms $32 mn for defying under-16 ban
short by Pravel Jain / on 21 Nov 2024,Thursday
Australian government on Thursday introduced a bill in parliament that aims to ban social media use for children under 16. The ban carries fines of up to A$49.5 million ($32 million) for social media platforms for systemic breaches. "We know some kids will find workarounds, but we're sending a message to...companies to clean up their act," PM Anthony Albanese said.
short by Pravel Jain / 11:41 am on 21 Nov
Google CEO Sundar Pichai calls Trump, Musk joins call
short by Pragya Swastik / on 21 Nov 2024,Thursday
Google CEO Sundar Pichai called Donald Trump to congratulate the US President-elect on winning the election and the call was joined by Trump's close aide and the world's richest person Elon Musk, The Information reported. Earlier, during the elections, Musk had questioned why Google Search showed 'where to vote' results for Kamala Harris but no results for Trump.
short by Pragya Swastik / 09:14 am on 21 Nov
United Parcel Service to lay off 400+ employees in January 2025
short by System User / on 19 Nov 2024,Tuesday
US-based United Parcel Service also known as UPS has announced laying off 404 employees from Colorado facility in mid-January 2025. The UPS layoffs will be implemented as a part of delivery giant's ongoing efforts to adopt automation to its facility. Earlier in 2024, the company announced cutting 12,000 jobs.
short by System User / 12:52 pm on 19 Nov
Bitcoin rises above $95,000 for the first time
short by Debaroti Adhikary / on 21 Nov 2024,Thursday
Bitcoin crossed the $95,000-mark for the first time on Thursday. This comes as the cryptocurrency continues to rally since Donald Trump won the US Presidential elections on November 5. It has risen around $20,000 since then. Analysts believe that Bitcoin will hit the $100,000 milestone soon, amid expectations of pro-crypto regulations under Trump administration.
short by Debaroti Adhikary / 09:00 am on 21 Nov
Reality is some jobs will disappear because of AI: Rishad Premji
short by Mansi Agarwal / on 19 Nov 2024,Tuesday
Wipro Chairman Rishad Premji said the reality is that disruption caused by AI-powered technologies will make some jobs disappear. "So the importance of thinking about jobs that are going to be less relevant is how do we take people along?" he stated. "It is going to be an incredibly important responsibility for governance [and] for companies," he added.
short by Mansi Agarwal / 10:50 pm on 19 Nov
Delhi HC summons OpenAI over ANI's copyright violation claims
short by Debaroti Adhikary / on 19 Nov 2024,Tuesday
Delhi High Court has summoned OpenAI after Indian news organisation Asian News International (ANI) filed a lawsuit against it. ANI has alleged that the Sam Altman-led company used its content to train and run ChatGPT without permission. Earlier, The New York Times had sued OpenAI in US for using its content without permission.
short by Debaroti Adhikary / 02:48 pm on 19 Nov
Swiss church introduces 'AI Jesus' to hear confessions
short by Debaroti Adhikary / on 21 Nov 2024,Thursday
A church in Switzerland has introduced an AI-powered 'Jesus' to hear confessions and offer spiritual guidance. The AI hologram of Jesus Christ engages with people inside the confession booth at St Peter's Church in Lucerne. It is designed to speak in 100 languages which enables it to converse with worshippers from all over the world.
short by Debaroti Adhikary / 01:19 pm on 21 Nov
Apple India's profit jumps 23% to ₹2,745 crore in FY24
short by Mansi Agarwal / on 20 Nov 2024,Wednesday
Apple India's net profit jumped 23% from ₹2,229.6 crore in FY23 to ₹2,745.7 crore in FY24, according to the company's regulatory filings shared by Tofler. The firm's revenue from operations also jumped over 30% YoY to around ₹67,000 crore. Apple India also transferred ₹3,302 crore in dividends to Apple Operations International, its Ireland-based holding company.
short by Mansi Agarwal / 11:17 pm on 20 Nov
Fact check: Billionaire Musk is not buying McDonald's and CNN
short by Debaroti Adhikary / on 19 Nov 2024,Tuesday
Reports claiming that world's richest man Elon Musk is buying popular fast food chain McDonald's and news organisation CNN are false. A fake video earlier showed Musk announcing, "I am buying McDonald's." This was later fact-checked by Meta. Another viral post claimed Musk is buying CNN for $3 billion to "fix the media". The news organisation has denied the claim.
short by Debaroti Adhikary / 03:02 pm on 19 Nov
Reliance-backed Indian startup to launch humanoid robot in 2025
short by Mansi Agarwal / on 20 Nov 2024,Wednesday
Mukesh Ambani's Reliance Industries-backed Addverb Technologies has announced plans to launch a humanoid robot next year. The AI-powered robot will handle '3D' tasks (dull, dirty and dangerous) across industries like retail, energy, and fashion, CEO Sangeet Kumar said. In 2022, Reliance acquired a 54% stake in the Noida-based startup for $132 million.
short by Mansi Agarwal / 05:59 pm on 20 Nov
Sam Altman seeks investors for chipmaking startup Rain AI: Report
short by Mansi Agarwal / on 20 Nov 2024,Wednesday
OpenAI CEO Sam Altman is reportedly seeking investors for a $150-million funding round of a chipmaking startup Rain AI, which could potentially rival NVIDIA. "He has introduced the company to all his investors," a source told the New York Post. Altman was reportedly a major investor in Rain AI's $25-million seed round in 2022.
short by Mansi Agarwal / 09:44 pm on 20 Nov
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