Top Trending Technology News & Highlights
Microsoft Unveils Copilot for Finance, an AI Solution to Simplify Tasks Associated with Enterprise Finance
Microsoft on Thursday unveiled Copilot for Finance, a new artificial intelligence (AI) tool designed to make everyday mundane tasks easier for financial professionals. The Copilot tool adds new features tailored to financial operations to the already-existing Copilot for Microsoft 365 stack, rather than creating a brand-new AI model. This AI tool, which focuses on enterprises, is currently in public preview. Notably, a recent update from the tech giant revealed additional features and significant enhancements for Windows 11.Microsoft presented its new AI tool in a blog post, pitching it as a means of allowing finance departments within businesses to focus on strategic tasks rather than tedious analysis and report writing. The business also cited a statistic from CFO magazine, stating that the "drudgery of data entry and review cycles" was cited by 62% of finance professionals polled as a reason they could not find time for strategic tasks. The tech giant claims that Copilot for Finance automates a number of financial tasks that would otherwise require users to put in long hours. It can accomplish a wide range of tasks, including using natural language prompts to conduct a variance analysis in Excel, reconciling data in Excel with automated data structure comparisons, giving a comprehensive summary of pertinent customer account details, transforming raw data into visuals and reports, and much more.
Published 04 Mar 2024 05:41 PM
This AI Worm Can Steal Data And Violate ChatGPT And Geminis Security
According to a report in Wired, researchers are now creating AI worms that can steal your private information and circumvent the security measures of generative AI systems like OpenAI's ChatGPT and Google's Gemini. The first generative AI worm, known as "Morris II," was developed by researchers at Cornell University, Technion-Israel Institute of Technology, and Intuit. It has the ability to spread malware and steal data from one system to another. It was given this name in honor of the very first worm, which was released online in 1988. "It basically means that now you have the ability to conduct or to perform a new kind of cyberattack that hasn't been seen before," explained researcher Ben Nassi of Cornell Tech. According to the outlet, the AI worm can get past some security measures in ChatGPT and Gemini by targeting a generative AI email assistant with the intention of sending spam and stealing email addresses. To create the generative AI worm, the researchers employed a "adversarial self-replicating prompt". They claim that in response to this prompt, the generative AI model generates an alternative prompt. In order to put it into practice, the researchers integrated ChatGPT, Gemini, and open-source LLM into an email system that could send and receive messages using generative AI. They also found two ways to use the system: one was to embed the question within an image file, and the other was to use a text-based, self-replicating prompt. In one instance, the researchers pretended to be attackers and sent an adversarial text prompt along with an email. By using retrieval-augmented generation, this "poisons" the email assistant's database and gives LLMs access to additional data from sources outside of their own. Retrieval-augmented generation, according to Mr. Nassi, "jailbreaks the GenAI service" when it retrieves an email in response to a user query and forwards it to Gemini Pro or GPT-4 for generation of a response. Eventually, this leads to data theft from the emails."The generated response containing the sensitive user data later infects new hosts when it is used to reply to an email sent to a new client and then stored in the database of the new client," he stated.
Published 04 Mar 2024 04:27 PM
Connecting Local Environmental Factors With UFO Sightings?
UFOs, or unexplained aerial phenomena, have long been observed in the sky. Although preliminary research produced no solid proof, a recent study proposes a connection between sighting sites and their environs. After looking over two decades' worth of UAP reports, researchers discovered that locations with clear skies, low light pollution, and unhindered views had a higher frequency. There could be a number of reasons for this correlation, including better visibility that makes it possible to see more unusual objects. The study emphasizes how crucial environmental variables are to the analysis of UAP sightings.Investigating UFO sightings, researchers at the University of Utah sought to determine if there was a relationship between the location of sightings and the surrounding environment. They examined close to 100,000 National UFO Research Center reports over a 20-year period (2001-2020). For every county in the continental United States, they took into account two factors: the likelihood that something might be up there (airports, military bases) and how clear the sky is (light pollution, clouds, trees). Due to the wide open spaces and darkness in the western US, the results indicated a higher number of sightings. It's interesting to note that locations with heavy air traffic or a military presence were frequently hotspots for reports. This implies that individuals may be perceiving real objects but are merely unable to identify them. Lead author of the study and University of Utah associate professor of geography Richard Medina explained, "The idea is that if you have a chance to see something, then it's more likely that you're going to see unexplained phenomena in the sky." "With more technology than ever in the sky, one must wonder: What are people really seeing? Answering this question is difficult, but it's crucial since any ambiguity could pose a risk to national security."
Published 02 Mar 2024 06:29 PM
Following the intervention of the center, Google agrees to restore Indian apps.
A dispute over service fees led to the removal of Indian mobile apps from the Play Store, but Google has started the process of restoring them. According to sources, the decision was made following a meeting between IT Minister Ashwini Vaishnaw and company representatives. Ten Indian companies' apps were removed by Google on Friday, causing controversy in one of its fastest-growing markets. With 94% of phones running on its Android platform, Google commands a large portion of the Indian market. Popular names like Naukri and Bharatmatrimony were on the list.The main point of contention is Google's in-app purchase fees, which range from 11% to 26%. Indian startups have long opposed the US tech giant's actions, believing them to be unfair.The creator of Bharat Matrimony, Christian Matrimony, Muslim Matrimony, and Jodii, Matrimony.com, expressed shock at the matchmaking apps' removal from the Google Play Store. Murugavel Janakiraman, the founder, described it as a "dark day" for India's internet, highlighting the possible broad effects on matchmaking services."One by one, our apps are being removed. It literally means that all of the best matrimonial services will be eliminated," Mr. Janakiraman stated, according to Reuters. We possess an enormous and dynamic startup ecosystem. To ensure that this ecosystem is preserved, we must take all necessary measures. Google has embraced Indian technologies quite well. Before meeting with Google representatives, the minister told NDTV, "I am quite hopeful that Google will be reasonable with its approach." Due to some policy infractions, Google temporarily removed the well-known Indian payments app Paytm from the Play Store in 2020. Following the change, the founder of the business and the larger startup community banded together to take legal action against Google and launch their own app stores.
Published 02 Mar 2024 06:10 PM
Technology
21st century is dedicated to the Technology and technology is dominating everywhere and every part of the world and almost all the industries are now a days is technology dependent or they need technology help to drive more scale and deliveries.
Network18 and ZEEL reveal the new RIO; modify channel prices and remove bouquets
A new Reference Interconnect Offer (RIO), which will go into effect on February 1, 2024, has been issued by Zee Entertainment Enterprises (ZEEL) Ltd. and IndiaCast, the distribution division of Network18.IndiaCast has introduced new bouquets and discontinued some of its older ones in the new RIO. Additionally, it has changed how much some channels cost. More than 25 bouquets, including Colors Wala Hindi Budget and Colors Wala Hindi Budget Plus, have been canceled by the distributor.(whose cost was Rs 25) and Colors Wala Hindi Value (whose cost was Rs 28). Colors Wala Hindi Value (Rs 34), Colors Wala Hindi Value Plus Sports (Rs 45), and Colors Wala Marathi Value (Rs 40) are among the new products that the distribution arm is selling.Some channels on Network18 have seen price increases, such as Colors Marathi, which was formerly only Rs 10 and is now Rs 15. In a similar vein, Colors Cineplex, which was formerly priced at Rs 3, is now Rs 19.
Ranbir and Konkana return in the most recent OPPO advertisement as
In order to promote the Oppo Reno smartphone series, smartphone manufacturer OPPO just revealed their newest ad. It stars Ranbir Kapoor and Konkana Sen Sharma as two of their most beloved characters, Sid and Aisha, from the movie "Wake Up Sid."The characters' afterlife is captured in the video commercial campaign. Ranbir, who portrayed the aspiring photographer Sid, is shown using the just released OPPO phone to record a significant occasion."Simply capturing life with a special friend, just like Sid!" is the film's tagline and main idea.Famous Innovations is the person who conceptualized the movie. "Reno 11 Series is positioned as a Portrait Expert with this campaign; the phone boasts a superior camera, and who better to bring that alive than everyone's favorite photographer character, Sid from Wake Up Sid?" an agency spokesman remarked in reference to the same. We made an effort to depict the characters' life changes and provide a window into a unique time spent with Ayesha, Laxmi, and Rishi. People would feel nostalgic after watching this movie and be curious to learn more."
Why 2024 will be a year of entertainment media mergers
An existential crisis is plaguing India's entertainment industry as a result of changes in customer behavior. Globally, traditional media companies are likewise having difficulty and are looking to consolidate in order to maintain their heritage operations and reduce losses from their digital endeavors. The OTT market is having difficulties as audience growth slows and content costs rise. Indian broadcasting companies are experimenting with hybrid OTT revenue models, but they are up against e-commerce sites and software titans for digital ad dollars. The industry is at a loss as to how to proceed, whether it be through mergers or modifications to business structures.Will the business of linear television face an acceleration of collapse by 2024? Will broadcasting businesses be merging this year? Will internet behemoths in the technology sector steal viewers and money from over-the-top (OTT) video streaming services, or will they be able to survive? India's sizable entertainment corporations are facing challenges from digitally-powered businesses and changing consumer behavior, leading them to ask some unsettling questions.
CCDT and MnM Talkies Work Together for Human Rights #KripyaDhyanDein
Leading content provider MnM Talkies, which specializes in audio stories and podcasts, has partnered with Committed regions Development Trust (CCDT), a nonprofit committed to helping impoverished children in underserved regions. Together, they hope to produce an engaging audio project that uses sound's immersive quality to highlight human rights abuses, especially those that impact women and children. By collaborating with CCDT, an organization dedicated to advancing fairness and defending the rights of underprivileged children and families, MnM Talkies raises awareness of the voices of people whose tales are frequently ignored. nearly the course of the last 30 years, CCDT's commitment to the Sustainable Development Goals established by the United Nations has had a significant influence on the lives of nearly 2 million children and families in distress throughout Maharashtra by propelling rights- and needs-based initiatives.Under the moniker "Kripya Dhyaan Dein" (Please Pay Attention), the cooperation has produced a number of audio wonders that aim to awaken the public and inspire them to pay attentive attention to the stories of persons around them. MnM Talkies and CCDT have skillfully communicated the urgency of human rights awareness, demonstrating sympathy with those impacted by abuses through fictional storylines grounded in real-life experiences. These powerful tales, which can be found on social media and different audio platforms, operate as a call to action for people to change the world and speak up in favor of human rights. This endeavor serves as a light of hope in the face of global human rights crises, inspiring listeners to deeply engage with these issues. The world needs transformative actions. In the spirit
MC Stan and MS Dhoni collaborate on Fire-Boltt
Leading Indian smart wearable manufacturer Fire-Boltt releases the #GaleTohMil advertisement, which stars the most unexpected pair—cricket great MS Dhoni and well-known Indian rapper MC Stan. This engaging movie seeks to showcase the exceptional qualities of Fire-Boltt's most recent invention, the ground-breaking Wristphone, which flawlessly blends the endless possibilities of a smartphone with the practicality of a smartwatch. With #GaleTohMil, Fire-Boltt showcases how technology is seamlessly incorporated into daily life while offering a new take on the marriage of sports and music.The video, which was conceptualized and filmed by the innovative powerhouse Moonshot, enthralls viewers with its distinctive fusion of humor, technology, and star power. The narrative takes place at a party, where MS Dhoni is approached by MC Stan and has an embarrassing encounter. As Dhoni struggles to remember Stan's name and songs, tension grows and the scenario takes an unexpected turn. The situation is amusing yet relatable.The story revolves around the Fire-Boltt Wristphone, which plays a pivotal role in saving Dhoni's life by giving him the knowledge he finds difficult to recall. The movie does a good job of conveying how useful the wristwatch is and why it is deserving of the hashtag #TheSmartestSmartwatch. "We are proud to introduce our first-ever Wristphone through this entertaining and engaging ad film featuring two iconic personalities, MS Dhoni and MC Stan," stated Arnav Kishore, CEO and Founder of Fire-Boltt. This wearable technology product is revolutionary, and we think the movie will do a great job of conveying to our viewers what makes it special. To guarantee broad visibility, the advertisement film will be heavily promoted on OTT channels and social media sites. Fire-Boltt wants to engage audiences from a varie
Here I am climbing: The films produced by Pramerica Life Insurance honor resiliency in many facets of life.
The debut of Pramerica Life Insurance's "This is My Climb" marketing campaign has been revealed. This campaign, which consists of two short videos, seeks to honor the many narratives of perseverance, goals, and purpose that characterize each of our unique experiences. Beyond the conventional marketing strategy, the campaign taps into the emotional center of the human experience, connecting with people at all stages of life. "Like any ascent, life's journey demands unwavering determination and unique challenges," stated Pankaj Gupta, MD, CEO of Pramerica Life Insurance. "We highlight the various aspects of purpose, commitment, and responsibility that each person exemplifies through the 'This is My Climb' campaign. Our goal is to become our clients' dependable bedrock—a partner as strong as a rock. We are dedicated to providing all of our stakeholders with a solid partner for every climb, no matter how big or small."Two powerful short films are used to tell the story of the campaign. The first movie depicts a father's journey and goals in a way that is relevant. We witness his dedication, as he lays aside his own goals and aspirations to support his child's aspirations. Regardless of the size of the obstacle, he views it as a climb he must do with perseverance and selfless sacrifice in order to reach his child's future. He reflects the essence of every parent who puts their child's aspirations ahead of their own, finding strength in their adversities and delight in their successes. The family of a defense member is shown in the second film as they follow him on an emotional journey of unwavering support and pride as he achieves new heights in dedication and commitment. Seeing this movie makes me think about Pramerica Life Insurance.President and Chief Business Officer of Pramerica Life Insurance Karthik Chakrapani stated, "The beauty of 'This is My Climb' lies in its breadth of perspectives." Each story has a distinct resonance, ranging from the ethos of a defense man and his family for the nation's sovereignty to the resolve of a father for his child's future. We encourage readers to interact with these motivational stories, look for themes in their own ascents, and join us in honoring the human spirit. Under the direction of Paritosh Srivastava, Chief Executive Officer, Oindrila Roy, Managing Director, and Heads of Creative Srijan Shukla and Pratheeb Ravi, who are renowned for telling gripping stories, Publicis Worldwide India has artistically produced this campaign. Their combined knowledge and commitment have been essential in obtaining
A viral tweet claims that the rasam bus ad in Bengaluru is insulting both north and south India Internet split
An online discussion has been triggered by an outside advertisement for Indira's Rasam Paste on a Bengaluru bus. Some online users have criticized the advertisement for being "sexist" and "regionalist." Some countered that the advertisement was not controversial in any way. The advertisement's wording said, "Wife North India aa?" (Is your wife North Indian?) implies that northern women are incapable of preparing rasam.Tejas Dinkar, an X user, initially brought the advertisement to the attention of the internet by accusing the company of being chauvinistic. "Today in ads that manage to be sexist while also insulting both North and South India (from r/bangalore)," he said. A heated discussion about whether the advertisement is offensive or not broke out in the comment area. X user Tejas Dinkar shared a picture of the advertisement, which attracted public notice. He expressed his disapproval in the caption, calling the advertisement "sexist" and "insulting" to people in both North and South India.
Raaya's integrated marketing mandate is won by With & Chai Group.
Men's ethnic clothing company Raaya has awarded the marketing mandate to Pune-based advertising firm Wit & Chai Group. Following a multi-agency pitch, the mandate was acquired by Wit & Chai in October 2023.With online and offline promotions, Wit & Chai Group hopes to raise awareness of Raaya and bolster its standing as a high-end menswear brand. "Wit & Chai gave a strong pitch, and we think working with them will help our brand reach new audiences. Our goal is to set Raaya apart as a luxury brand that is reasonably priced and to highlight our exceptional craftsmanship. Preshit Jain remarked, "We are confident that Wit & Chai has our best interests at heart.Furthermore, Wit & Chai Group partner Nahush Gulawani added, "We are thrilled to collaborate with a brand like Raaya that has such an intriguing focus: men's ethnic apparel. We are eager to collaborate with the Raaya team and use our skills to further improve the brand image. Men's ethnic clothing company Raaya has awarded the marketing mandate to Pune-based advertising firm Wit & Chai Group. Following a multi-agency pitch, the mandate was acquired by Wit & Chai in October 2023.With online and offline promotions, Wit & Chai Group hopes to raise awareness of Raaya and bolster its standing as a high-end menswear brand. "Wit & Chai gave a strong pitch, and we think working with them will help our brand reach new audiences. Our goal is to set Raaya apart as a luxury brand that is reasonably priced and to highlight our exceptional craftsmanship. Preshit Jain remarked, "We are confident that Wit & Chai has our best interests at heart.Furthermore, Wit & Chai Group partner Nahush Gulawani added, "We are thrilled to collaborate with a brand like Raaya that has such an intriguing focus: men's ethnic apparel. We are eager to collaborate with the Raaya team and use our skills to further improve the brand image.
A diagnostics business is getting ready to launch a blood testing product in Austin and San Antonio.
Babson Diagnostics has successfully obtained important FDA clearance for its blood testing products following years of cooperation and trials. Listen to the most recent episode of Texas Business Minds to hear about the startup's history, its funding efforts, and the Texas towns it plans to debut in this year, including San Antonio.A diagnostic firm is getting ready to launch a blood testing product in Austin and San Antonio. Babson Diagnostics has successfully obtained important FDA clearance for its blood testing products following years of cooperation and trials. The creator of Babson Diagnostics is getting ready to introduce a cutting-edge blood test device. The founder, COO, and chairman of Austin-based Babson Diagnostics, a blood testing firm, is Eric Olson. He was recently a guest on the Texas Business Minds podcast.
Dubai Hosted PMFAIs International Crop Science Conference & Exhibition
The JW Marriott Marquis Hotel in Dubai, United Arab Emirates hosted the 18th edition of PMFAI's International Crop Science Conference & Exhibition (ICSCE 2024 Dubai) on February 8–9, 2024.The two-day celebration got off to a lucky start on February 8, 2024, when PMFAI President Pradip Dave gave a heartfelt welcome speech. In his inaugural speech, Dave emphasized the significance of the occasion, emphasizing how far it has come since PMFAI's first event in Mumbai in 1997. ICSCE serves as an international trade platform for the agrochemical, agri-biological, and related product industries. It helps these industries stay up to date on market developments and build strategic and sourcing partnerships with foreign businesses. Additionally, PMFAI organizes the annual International Conference on Biological Sciences and Agriculture (ICSCE) to promote the health of the Generic Pesticide Industry and to bring together agricultural researchers, pesticide producers, agrochemical merchants, agricultural biological industries, and related businesses.ICSCE has gone a long way to become known as the top Agri Inputs event that connects the agrochemical, agri-biological, and agriculture sectors since its inaugural event was held in Mumbai, India, in 1997. Agrochemical exports from India were valued at Rs. 270 crores (US $32.5 million) in 1997, the year the PMFAI hosted the first ICSCE. Today, that figure has risen to Rs. 45,000 crores ($5.4 billion) and beyond. Through joint ventures, bilateral commerce, subcontracting, contract manufacturing, contract distribution, and networking possibilities, ICSCE offered businesses the chance to grow and benefit from each other's advantages. There was a great response at ICSCE 2024 Dubai, with delegates actively participating from all around the world. At the conclusion of the first session, Deepak Shah, Vice President-PMFAI and Chairman of the Crop Care Federation of India, expressed gratitude to all of the speakers, exhibitors, sponsors, and attendees for their enthusiastic involvement and support of the occasion.For two days, ICSCE 2024 Dubai featured the product portfolios of ninety-one top firms. The event proved to be a big success, drawing in over 2,500 attendees and more than 1,200 registered delegates.Participating in the event were delegates from Argentina, Australia, Afghanistan, Brazil, Bangladesh, Belgium, China, Egypt, Ethiopia, France, Germany, Guinea, Ghana, Georgia, Iran, Iraq, Indonesia, Ireland, Italy, Jordan, Kenya, Lebanon, Lithuania, Malaysia, Malwai, Morocco, Myanmar, Nigeria, Netherlands, Oman, Poland, Pakistan, Russia, Saudi Arabia, Scotland, Singapore, Sri Lanka, Somalia, Sudan, Syria, Turkiye, Tanzania, Tunisia, USA, UAE, Uganda, Ukraine, United Kingdom, Uruguay, and Zambia.Renowned scientists studying pesticides, specialists in biological products, and business professionals were in attendance for the two days of the event. They presented on a range of significant subjects, a summary of which is provided below:
Indias Plans to Transform Their Stealth Subs into Powerful War Machines
Heavy-weight torpedoes will make India's Kalvari class submarines more capable, effective, and deadly, according to a veteran of the Indian Navy.Captain DK Sharma, a former Indian Navy spokesperson, made these remarks in response to media reports indicating that the nation's blue water force was planning to purchase torpedoes from both international and indigenous companies.Strengthening the Kalvari Class Subs in India Six contemporary stealth submarines are now in the fleet of the Indian Navy, and three more are scheduled to join it in the next years. In this regard, Sharma emphasized that the submarine's strength lies in its secrecy, and that when fully armed, it may destroy a danger with great power. Therefore, having longer-range torpedoes will only improve the Indian Navy's submarines' capabilities.He said that makes the enemy extremely, very unsure about whether to use that region or leave the harbor.According to Sharma, the enemy wouldn't be troubled by a toothless submarine. Heavy-weight torpedoes will make India's Kalvari class submarines more capable, effective, and deadly, according to a veteran of the Indian Navy.The words of Captain DK Sharma, a former spokesperson of the Indian Navy, came in the aftermath of media reports that stated that the country's blue.He said that although India had not previously produced defense equipment, it was now doing so and that this was because the nation possessed a wide range of testing and trial laboratories as well as the knowledge and skills necessary to produce military hardware.
IMPACT OF SHARK TANK INDIA ON THE GROWING STARTUP MINDSET IN INDIA
Examine how Shark Tank's existence changes the way Indian startups approach their business, stimulating creativity and investor interest in the vibrant ecosystem of entrepreneurship.shark tank India, which was modeled off the same-titled American TV series, has had a significant influence on the country's startup landscape since its December 2021 premiere. In the show, aspiring business owners present their concepts to a group of investors known as "Sharks" in the hopes of receiving capital and advice.Aspiring business owners approach the stage, pitching their ground-breaking concepts to a group of seasoned investors known as "Sharks" with nothing more than their vision and resolve.More than 100 million people have watched Shark Tank India, which has sparked a national entrepreneurial fervor. An increasing number of startup applications and inquiries to incubators and accelerators are indicative of this spike, which suggests that Indians are becoming more interested in becoming entrepreneurs.Our connection with television has altered recently as a result of the digital age, which allows us to consume content anywhere, anytime, and across a variety of media. This changed when Shark Tank India began to stream on Sony TV at a peak time of 9 PM. The US broadcast of Shark Tank's inaugural season took place in 2009. It made its way to India in 2021 after 13 seasons of great success, and in just two months, it drastically and urgently altered Indian society.People's perceptions of the startup culture have been altered by this reality show. This show is based on the actual ideas of the average person, where each idea is unique, as opposed to the typical reality shows that are a competition for a trophy and prize. Not only are compelling pitches and financial backing important, but viewers are also interested in the sharks' reactions to specific ideas and their recommendations, which is another aspect of the show. In other words, this show is essentially a blend of educating and entertainment that keeps viewers interested and encourages them to dive into the many fascinating tales of entrepreneurs. Indians now understand that issues they once dismissed as unreal could actually becomeThe Sharks have said in a few interviews that after the first season, pitching will be much better in the following seasons because pitchers will understand how it works and will feel much more comfortable talking about their creative business ideas on national television.With 500 million people between the ages of 15 and 44, this show has the potential to spur widespread entrepreneurship. The majority of children in India are brought up with a traditional mindset, which advises them to select a safe job over starting their own business. Shark Tank India's contribution to the expansion and development of the startup ecosystem is expected to bring about a profound cultural and mental transformation in the nation. In addition, the program has offered viewers a genuine understanding of today's real heroes. Sharks are those who, through their innovative ideas, have successfully filled a void in the market, provided the finest returns on their investments, and are well-liked throughout the nation. What's more, these sharks make investments
OpenAI to invest in Indian developers, hold summits
ChatGPT maker OpenAI will continue investing in the developer community in India and hold several developer summits in the country this year, the company’s chief strategy officer, Jason Kwon said on Saturday.“India has the key ingredients of being one of the world's leaders in AI. It has the largest developer community in the world, with some of the most impressive talent in the field, a track record of developing extraordinary technology businesses and a relentless focus on competing on the world stage,” said Kwon at the ET Now Global Business Summit in New Delhi.The company plans to meet with Indian developers to work alongside OpenAI product leaders on some of the most difficult challenges in AI. OpenAI's vice president of engineering, Srinivas Narayanan, had met developers in Bengaluru on January 5.“Our hope is that this collaboration between Silicon Valley developers and Indian developers will put us on a path for building the tools that define our future” Kwon added.Kwon also talked about the need to focus on safety while exploring the potential of AI. He said OpenAI tools can be made safer through technology, partnerships, and collaboration with governments. Product management is a multifaceted discipline that plays a critical role in bringing successful products to market. Whether it's developing a new software application, launching a consumer product, or managing a service, effective product management is vital for meeting customer needs and achieving business goals.
OnePlus Buds 3 review in 5 points
The new OnePlus 12 smartphones from OnePlus seem to be the best of the lot that the company has launched yet. In our review, we liked the new flagship OnePlus 12 and its younger sibling, the OnePlus 12R, which we even tagged as the flagship killer. At the same time, even more than the phones, it is the newly-launched OnePlus Buds 3 earbuds that has caught our attention. OnePlus has managed to offer users a good pair of earbuds that perform almost like their Buds Pro lineup but cost almost half of the Buds Pro 2.Priced at Rs 5,499, the OnePlus Buds 3 offers incredible value and impressive features, including dual dynamic drivers, support for Hi-Res Audio via LHDC 5, 94ms low latency, touch volume control, up to 49dB active noise cancellation, IP55 rating for water and dust protection, and up to 44 hours of playback time with the accompanying charging case. While the specs look good on paper, in our detailed review of OnePlus Buds 3, we found out that these new earbuds excel in performance and are almost close to the Pro series. Though there are some areas where they could have been better.Featuring a premium design, the OnePlus Buds 3 borrows cues from the Buds Pro 2 and Apple AirPods Pro. Its short-stemmed style earbuds are pair with a revamped pebble-shaped charging case which echoes the design aesthetic of the Buds Pro 2. Available in Splendid Blue and Metallic Gray, these earbuds look premium and the blue variant, which I reviewed, offers the vibrant pop of colour. Now, while the design is similar, the OnePlus Buds 3 are lighter than the Buds Pro 2. They offer a comfortable, snug fit without feeling cheap or flimsy. While I personally prefer a bit of weight which the premium earbuds offer, the Buds 3 do not disappoint in terms of build quality.During my week of using the Buds 3 for an average of 6-7 hours daily, I found little to complain about these earbuds, especially considering the price. I used earbuds to listen to a range of music albums across genres. Whether it was melodic Bollywood tunes or energetic K-Pop tracks, the Buds 3 consistently impressed me with clear vocals, immersive backgrounds, and decent bass. While the Buds 3 obviously don't match the performance of the Buds Pro 2 (which is expected considering the price difference), they serve as a strong reminder that specs aren't everything.
Google Renames Bard to Gemini, Launches Gemini Advanced
Google has officially launched Gemini Advanced. After multiple reports and Google CEO Sundar Pichai's statements during the company's quarterly earnings call confirming its arrival, the subscription tier of the tech giant's most powerful AI model is now live. Alongside Bard, the free version of the generative AI chatbot, which now runs on the Gemini Pro model, has also been renamed Gemini. As a promotional offering, Gemini Advanced is currently being offered for no charge for two months.Pichai announced the launch of the subscription tier of the AI in its newsroom and said, “The version with Ultra will be called Gemini Advanced, a new experience far more capable at reasoning, following instructions, coding, and creative collaboration.” He also revealed that the Gemini Advanced subscription will be called the Google One AI Premium plan and will be bundled with Google One. As a result, users who subscribe to it will also get all the other benefits of Google One and 2TB of cloud storage space.Highlighting its features, a separate post mentioned that Gemini Ultra could " create step-by-step instructions, sample quizzes or back-and-forth discussions” and become a personal tutor for a user seeking guidance for academic purposes or looking to upskill. The Ultra model is proficient in advanced coding and can help users in generating, analysing, editing, as well as debugging complex coding tasks. Further, digital creators can benefit from Google Advanced subscription as it can generate content, analyse recent trends, and offer ideas and inspiration for engagement and audience growth. The free version of Gemini (which is trained on Gemini Pro) and Gemini Advanced will be available on the website, and an Android app. iOS users can try out the AI assistant through the Google app. The monthly subscription price for Google Advanced has been set at Rs. 1,950 a month. However, the tech giant is currently running a promotional offer where users can try it out for two months without a charge. Alongside the launch of the subscription tier, Google also officially renamed Bard to Gemini. “Bard has been the best way for people to directly experience our most capable models. To reflect the advanced tech at its core, Bard will now simply be called Gemini,” added Pichai.
Banks await RBI nod on KYC challenges at Paytm before moving business
Digital payments player Paytm is awaiting the Reserve Bank of India’s (RBI) approval to start moving its settlements business from Paytm Payments Bank to other lenders. But issues around KYC (Know Your Customer) of the accounts could be a major hiccup holding up the process. Two senior bankers in the know told ET that given Paytm was involved in issues around KYC of its user base in the past, bankers are looking for directions from the RBI before taking on the business. KYC is a process that requires a potential customer to submit original identity documents to a bank before being able to access its services. The central bank allows digital KYC through video verification. “We have to be careful about who we are doing business with. In this case, we need to be sure of the KYC of the merchants as well as the customers, so the central bank will need to take a call on that,” one of the bankers said. This will take time, and the banking regulator will only take the call after detailed consideration and thorough scrutiny of its own. The actual number of proper KYC-ed users of Paytm will be scrutinised too, the bankers added. The RBI did not respond to emailed queries from ET. On January 31, the RBI asked Paytm Payments Bank to stop offering basic banking services from February 29. It has effectively asked its customers to move all their funds from the payments bank or use up their available balance.The language and the directive from the banking regulator came as a shock to the banking and fintech industry. Several industry insiders said that coming back from this situation might be a huge challenge for the bank promoted by Paytm founder Vijay Shekhar Sharma.In 2020, a similar incident occurred when Yes Bank was put under an embargo by the regulator and PhonePe, a major digital payments player already by then, was left with no settlement system. Almost overnight, PhonePe moved its banking business to ICICI Bank -- with the regulator’s blessings. Another banker that ET spoke to pointed out that unlike the case of PhonePe — where the transfer was primarily UPI handles — in this case, it is about accounts of merchants and customers, making the process more time-consuming.
Tata Sons to invest $1 billion more in digital arm
Tata Sons is poised to invest about $1 billion in Tata Digital, over the next few years, people familiar with the matter said. This comes as the parent of the diversified Tata group puts a pause on external fundraising for the ecommerce entity, which houses the superapp, Tata Neu as it reviews its digital strategy with the appointment of a new chief executive officer this week, the people said. Tata Digital will only tap external investors after the new CEO sets down to focus on execution and scale, one of the persons said. Earlier this week, Tata Digital appointed Naveen Tahilyani, the former managing director of Tata AIA Life Insurance, as its CEO & MD. Tahilyani replaced Pratik Pal who had been holding the charge since the company’s inception in 2019.Tata Sons has invested more than $2 billion in Neu so far and has board approvals for further capital infusion over a five-year period, the people said. A spokesperson for Tata Sons did not respond to ET’s queries. Multiple people aware of the management changes said Tata Sons chairman N Chandrasekaran wanted a senior hand with consumer background to steer the next stage of expansion for Neu. “The top brass wants Tata Digital to work on making its operational structure more efficient and agile and scale up the business,” a person said.
Apple unveils AI image tool that lets you make edits by just describing them
The researchers highlighted the model's ability to derive explicit visual-aware intentions, leading to meaningful image enhancements. Apple researchers have introduced an AI model enabling users to write desired changes to a photograph using simple language, eliminating the need for traditional photo editing software. The groundbreaking model, named MGIE (MLLM-Guided Image Editing), is the result of a collaboration between Apple and the University of California, Santa Barbara. Capable of executing various editing tasks including cropping, resizing, flipping, and applying filters solely through text prompts, MGIE represents a significant advancement in image editing technology. This innovation can handle both straightforward and intricate editing requests, such as altering specific objects within a photo or enhancing brightness levels. MGIE harnesses the power of multimodal language models, first deciphering user prompts and then generating corresponding edits. For instance, a request for a "bluer sky" translates to adjusting the brightness of the sky portion of an image. This approach ensures precise interpretation and execution of editing instructions. For example, a prompt to "make it more healthy" when editing an image of a pepperoni pizza results in the addition of vegetable toppings. Similarly, instructing the model to "add more contrast to simulate more light" enhances the brightness of a dark image, such as tigers in the Sahara.
The University of Wollongong in India is now accepting applications for its fintech and computer programs.
The prerequisites for admission are identical to those of UOW's campuses in Australia: an undergraduate degree, professional experience, and an English language proficiency test.The University of Wollongong India (UOW India) GIFT City campus is now accepting applications from students.The University of Wollongong India (UOW India) has released a press release stating that it has announced two new programs for students this year: a Graduate Certificate in Financial Technology and a Master of Financial Technology. Final approval is a must for both programs.The university had previously declared that its Graduate Certificate in Computing and Master of Computing (Data Analytics) programs would begin offering to students in July."We are thrilled to announce the opening of applications for UOW India and are eager to see our first student cohort arrive at our GIFT City campus. According to Patricia M. Davidson, president and vice chancellor of UOW, "this is a fantastic opportunity for students to get a world-class education and experience in the field of computing and financial technology. "The University of Wollongong India (UOW India) has the same entrance requirements for these programs as its Australian campuses, which include an undergraduate degree, job experience, and an English language proficiency test, according to the press release."With a well-deserved reputation for quality, UOW is listed among the top 250 universities in the world for accounting and finance courses. Professor Colin Picker, Executive Dean of the Faculty of Business and Law, stated, "Our cutting-edge FinTech courses will give students the abilities, information, and experience needed for success in finance and the growing field of Financial Technology."
Orios Venture Partners sells nearly 3% stake in Country Delight for Rs 225 crore
Orios Venture Partners has made a partial exit from direct-to-consumer (D2C) fresh food brand Country Delight for around Rs 225 crore. People familiar with the matter said the early-stage venture capital firm has sold about a 3% stake in Country Delight to Temasek-backed asset management group Seviora. Orios had invested Rs 15 crore in Country Delight from its Fund-I, of which the first cheque of Rs 3 crore was infused in 2017. The firm had subsequently invested additional sums in Country Delight through its later funds.Across all its investments in the D2C company, Orios held 21-22% stake in Country Delight prior to the partial exit.On January 5, ET reported that the Gurugram-based company raised around $20 million (around Rs 164 crore) in a funding round led by one of its existing investors, Singapore’s sovereign fund Temasek. Another existing backer, Venturi Partners, also participated, in addition to Seviora, which invested through its agriculture and food-focused investment vehicle Seviora T3F Fund. The round valued Country Delight at around $820 million. Orios launched Fund-I in 2014, with a final close of Rs 300 crore in 2015. In January, the Mumbai-based investment firm announced that it had returned the initial corpus to its limited partners, or sponsors of the fund. Among the various sectors, Fund-I allocated 27% of its corpus to ecommerce marketplaces, followed by D2C at 18%, and healthtech at 14%. Key portfolio companies that emerged from the fund include Country Delight, PharmEasy, Intelligence Node, and Zostel. Orios also counts BatterySmart, Vedantu, Ixigo, Mobikwik and CarDekho among its portfolio companies. It had also backed beleaguered car repair startup GoMechanic but had to eventually write off the investment after GoMechanic’s founders admitted to financial wrongdoing. The Rehan Yar Khan-led investment firm also saw two of its managing partners Anup Jain and Rajeev Suri depart in September 2023.
Court relief for Byju’s in TLB lenders’ suit
Byju’s won a legal reprieve on Monday when a civil court in Bengaluru declined to grant a plea by its lenders challenging Manipal Group Chairman Ranjan Pai’s acquisition of a 40% stake in the embattled edtech firm’s subsidiary Aakash Institute, two people aware of the development said. The lenders of Byju’s $1.2 billion term loan had moved the city court last Thursday seeking an ex-parte injunction on the transaction allowing Pai to convert a loan of about $250-$300 million he had advanced to the brick-and-mortar coaching network into equity in Aakash Institute. Thursday’s legal challenge by the TLB lenders caught both Byju’s and Pai “by surprise” the sources said. The lenders were petitioning the court about Pai's conversion of debt into equity at a lower valuation of $600 million compared to the valuation of $950 million ascribed to Aakash Institute when it was acquired by Byju’s parent Think & Learn in 2021. As such, the proposed deal hurts the lenders of Think & Learn, the lenders contended. This lender group controls 80% of the term loan raised by Byju's in November 2021. According to people present at the hearing on Monday, the court did not grant the injunction to block the deal as per the lenders' plea while also adding that the jurisdiction for the case was not correct. The lenders had cited the credit agreement which they said bars Byju’s parent Think & Learn from selling any asset without prior approval from the lenders, the sources said. Byju’s made its arguments over the weekend at the city civil court, they added.
