This Is New Business Tech News – Top Tech News – Meta to Start Layoffs again.
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Report: Meta to initiate further layoffs next week
Vox reported that Meta is set to commence further layoffs next week. Meta President for Global Affairs Nick Clegg announced during a Q&A meeting that the third wave is expected to occur next week. The impact is widespread across business teams, including those in my organisation. Tech giant announces global layoff of 21,000 employees.
Blue Origin, owned by Jeff Bezos, has been awarded a $3.4 billion contract by NASA to land astronauts on the Moon.
Blue Origin, led by Jeff Bezos, has won a $3.4 billion NASA contract to construct a spacecraft for transporting astronauts to and from the Moon’s surface. NASA has awarded a $3-billion contract to Elon Musk’s SpaceX to land astronauts on the Moon for the first time since 1972’s final Apollo mission.
In a shocking turn of events, a professor has failed an entire class after being misled by ChatGPT’s false accusation that the students used AI to cheat.
Texas professor fails entire class over ChatGPT’s false AI essay claims. Students received a ‘zero’ grade from their professor for their essays after using ChatGPT. University puts diplomas on hold for the affected students. University exonerates several students and issues grades.
WSJ reports that Samsung has no plans to replace Google with Bing in their phones.
According to sources, Samsung Electronics has no plans to replace Google with Microsoft’s Bing as the default search engine on its smartphones in the near future, as reported by the Wall Street Journal. Internal review exploring the replacement of Google with Bing on its browsing app has been suspended. Samsung’s contract with Google is estimated to bring in $3 billion in annual revenue for the tech giant.
IT Minister proposes regulation of AI platforms like ChatGPT in India.
India’s IT Minister Ashwini Vaishnaw has revealed plans to regulate artificial intelligence platforms such as ChatGPT, according to an interview with The Times of India. Vaishnaw expressed concerns regarding intellectual property rights, copyright, and algorithmic bias on such platforms. In a statement, he emphasised that a cooperative framework will be necessary for all countries to implement.
Russia imposes maximum fine of ₹41 lakh on WhatsApp for hosting prohibited content.
WhatsApp may be fined up to ₹41 lakh in Russia for reportedly not removing prohibited content. Meta, the parent company of WhatsApp, was labelled a “extremist” organisation in Russia last year for permitting anti-Putin material. WhatsApp has not faced legal action for not removing banned content in Russia before, according to reports.
The Reserve Bank of India’s website experienced a crash after announcing the withdrawal of ₹2,000 notes.
RBI’s website crashed following the announcement of discontinuing the circulation of ₹2000 notes, which have been in use for seven years. The website crashed due to heavy traffic after PM Narendra Modi’s announcement of demonetisation of ₹500 and ₹1,000 notes in November 2016. In November of the same year, a new banknote with a denomination of ₹2,000 was introduced.
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