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Ajit Mohan, CEO, Facebook India at India Mobile Congress 2019
Over the last 4 years, great strides has been made in public infrastructure and operator network: Ajit Mohan, CEO, #FacebookIndia at #IndiaMobileCongress2019 #IMC2019
Ajit Mohan, CEO, Facebook India at India Mobile Congress 2019By VARINDIA | 35 views
Global economic instability will affect tech sector
The technical definition of a recession involves a fall in gross domestic product (GDP) over two consecutive quarters and many US business leaders are now predicting recession, seemingly due to the sharp decline in equity prices. The fact is, if business leaders really believe a recession is imminent, perhaps they will cut back on investment spending in a way that suppresses overall economic activity. Psychology matters.
Elon Musk is even more pessimistic than most economists and Wall Street experts. The Tesla CEO said in a May 16 Twitter post the U.S. is probably already in a recession that will last anywhere from 12-to-18 months. There is fear of a recession growing, macroeconomic factors "will affect the tech sector," said Alphabet and Google CEO Sundar Pichai. Google and other major tech players in the U.S. have continued to grow, due to COVID-19 pandemic. However, supply chain disruptions have cast a shadow over their business and their stock prices have dropped sharply since the start of the year owing to the Russia-Ukraine war, China lockdowns, high inflation and interest rate hikes, resulting in Big Tech stocks nose-diving. Alphabet's stocks are down by 22 per cent this year, as tech companies are battered by the worldwide slump in the markets. "Google definitely sees uncertainty ahead, like everyone else," Pichai was quoted as saying earlier this month. Snap, the parent company of Snapchat, is also slowing down on hiring this year. Pichai also pointed to the Russian invasion of Ukraine and monetary tightening by central banks around the world as concerns. "Economies tend to have cycles, and the tech industry tends to have more volatile cycles," he said, noting that the industry was bound to be affected somewhat by political and economic instability.
As business conditions worsen, Netflix has announced layoffs and Facebook parent Meta revealed plans to curb investment. Another concern is the acceleratingBy VARINDIA | 53 views
The business of technology is making the eco-system productive
#Thoughtworks #IPO #SatyaNadella
A software ties the whole business together
We are in the Digital Immersion age and the technology which we are talking about is IT, with all its consequent technologies finally culminating in the Artificial Intelligence Age, from our present understanding. The business of technology is making other businesses more productive, efficient, data enabled and giving them a return on investment which they could not have imagined. The reality of business is whether you are able to create a business ecosystem of your own or are you still stuck up in the wholesaler, reseller, last mile mode, with any number of intermediaries. During Microsoft Inspire, while delivering the keynote this year, #SatyaNadella said that for every dollar Microsoft earns, nine dollars goes to its associates. Microsoft currently has over 400,000 associates globally, 95% of Microsoft's commercial revenue comes from partners.
At the same time, Jeff Bezos had earlier stated that seven eighth of the revenue generated by Amazon goes to its global army of the Associates / affiliates. Suffice to say the nature of business has changed. Even the biggest of the MNCs are able to either deal with the customer or through just one intermediary. The third and even more critical component of business is that a software ties the whole business together. It is only through those processes business is conducted. There is no manual intervention but for feeding of process data and the system would then act as per the business logic already fed into it. It has to be a 24/7/365 system and it should work as a failsafe and an error proof mechanism. The ecosystem is self-created and should remain totally under your control.
Today's Headline in NewsHours
0:00 Intro
1:52 #Thoughtworks valued at $6.4 bln in U.S. #IPO
2:29 Former IAS #RajivAggarwal joins #FacebookIndia as director of public policy
3:18 #NITIAayogBy VARINDIA | 47 views
Courts are the new battleground for social media giants in India
#SocialMedia #DevusinhChauhan #GST
Courts-new battleground for social media
We are witnessing over the last couple of months, the social media companies have been put on trial in India. Courts have become a battleground with Facebook, WhatsApp and Twitter in various courts of the country right now, both as petitioners and respondents. Last week, the head of Facebook India, Ajit Mohan was in the Supreme Court which ruled that he would have to appear before a Delhi Assembly committee for his representation regarding the riots that broke out in Delhi last year. In its judgement the court also said that “the capital of the country can ill-afford any repetition of the occurrence and thus, the role of Facebook in this context must be looked into by the powers that be”. Around the same time, Twitter India’s Manish Maheshwari was arguing in the Karnataka High Court that the notices the Uttar Pradesh Police sent to him over an investigation into a viral video were “without the sanction of law”. The UP Police, though, said Maheshwari was playing “hide and seek”. WhatsApp, too, was in the Delhi High Court over its controversial privacy policy, committing that it won’t enforce the policy until India passes the imminent personal data protection bill.
Under the new IT Rules, significant social media intermediaries—platforms with over 5 million Indian users—are mandated to appoint a chief compliance officer who can be held liable under any proceedings in case of non-compliance. Referring to the vast reach of Facebook, the bench said it has 2.85 billion monthly active users worldwide, of which India accounts for 270 million. The SC said it made Facebook a powerful entity as far as influencing the opinions of citizens is concerned. “Such vast powers must necessarily come with responsibility,” it said. The supreme court said social media platforms like Facebook cannot deny that they use algorithms (which are sequences of instructions) with someBy VARINDIA | 28 views
Facebook को पड़ी Supreme Court से फटकार 'डिजिटल प्लेटफॉर्म रेलवे के प्लेटफॉर्म नहीं'
सुप्रीम कोर्ट ने फेसबुक को करारा झटका दिया है। साल 2020 दिल्ली दंगों को लेकर कोर्ट ने विधानसभा पैनल द्वारा फेसबुक इंडिया के वाइस प्रेसिडेंट को जारी किए गए समन पर रोक लगाने से इनकार कर दिया है। याचिका खारिज करने के साथ सुप्रीम कोर्ट ने कुछ बेहद सख्त टिप्पणियां भी की। कोर्ट ने कहा कि डिजिटल प्लेटफॉर्म्स रेलवे प्लेटफॉर्म्स नहीं हैं जहां ट्रेनों की आवाजाही नियंत्रित होती है। सोशल मीडिया द्वारा छेड़छाड़ से आज लोकतांत्रिक बुनियाद को बड़ा खतरा दिखाई दे रहा है।
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Facebook को पड़ी Supreme Court से फटकार 'डिजिटल प्लेटफॉर्म रेलवे के प्लेटफॉर्म नहीं'By PunjabKesari TV | 240 views
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Bikaner News | लोकसभा चुनाव को लेकर कांग्रेस की तैयारी, कार्यकर्ताओ से पार्टी प्रभारी ने की चर्चाBy JANTV RAJASTHAN | 550 views
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India - USA Trade Statistics
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Robotic Process Automation is transforming businesses across the world
Robotic Process Automation enables users to create software robots, or #Bots, that can observe, mimic & execute repetitive, time consuming #Digital #business processes by studying human actions.
Watch the video to know how RPA is transforming #businesses.
#ArtificialIntelligence
Robotic Process Automation is transforming businesses across the worldBy CII | 207847 views
BJP MLA Ganpat Gaikwad ने Eknath Shinde Shiv Sena Leader Mahesh Gaikwad को थाने के अंदर मारी गोलियां
#ganpatgaikwad #maheshgaikwad #eknathshinde
गोलियों की तड़तड़ाहट... भागते... जान बचाते लोग.... बीजेपी नेता की आंखों में खून सवार... ये वीडियो कहीं और का नहीं बल्कि बीजेपी के नेतृत्व में बनी एकनाथ शिंदे सरकार के महाराष्ट्र राज्य का है... गोलियां मारने वाला कोई और नहीं बल्कि मौजूदा विधायक और बीजेपी का प्रतिष्ठित नेता है... सत्ता की हनक ऐसी कि थाने के अंदर गोलियां दाग रहा है...
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BJP MLA Ganpat Gaikwad ने Eknath Shinde Shiv Sena Leader Mahesh Gaikwad को थाने के अंदर मारी गोलियांBy PunjabKesari TV | 410 views
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The man behind the ICT's jerseys for Asian Games 2023
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#Cricket #Cricketreels #TeamIndia #trending #reels #reelsinstagram #indvseng #WorldCup #asiacup #trending #viral #Instagram #InstaReels #CricTracker
The man behind the ICT's jerseys for Asian Games 2023By CricTracker | 322 views