Avast found 19,300 apps on Google Play Store had misconfiguration in their Firebase database, putting personal information at risk of theft

#Tech

https://www.livemint.com/technology/tech-news/beware-these-google-play-store-apps-can-leak-your-personal-data-11631285051234.html

#Tech | Apple CEO Tim Cook yesterday extended his Diwali greetings on Twitter by sharing two pictures which were clicked iPhone 13 Pro Max.

https://www.livemint.com/news/india/apple-ceo-wishes-happy-diwali-by-sharing-indian-photographer-s-pictures-11636078904159.html

The move comes amid a global #tech rout that's prompted #layoffs in the thousands, depressed global investment activity and shaved billions off the valuations of once high-flying tech startups.

Read here: https://livemint.com/news/india/byjus-mulls-shutting-down-whitehat-jr-report-11677141699947.html

Since #ChatGPT was launched in November, a new mini-industry has mushroomed that has defied the broader slump in #tech.

https://www.livemint.com/technology/investors-are-going-nuts-for-chatgpt-ish-artificial-intelligence-11677663894148.html

#Wipro's #RishadPremji said that the #tech industry has been one of the most spoilt industries with the flexibility that its employees have enjoyed to work from home.

https://www.livemint.com/news/india/wipro-chairman-rishad-premji-reveals-his-hiring-formula-11677673031911.html

The #startup world was thrown into chaos Thursday when a lender little-known outside of #SiliconValley sparked a wave of panic in #tech circles that dragged down banking shares around the world.

https://www.livemint.com/news/world/silicon-valley-bank-crisis-why-is-everyone-talking-about-svb-right-now-everything-we-know-so-far-11678427793171.html

Before joining #Grammarly, Rahul Roy Chowdhury worked with #Google for 14 years. He was the vice president of product management when he left the #tech giant.

Read here: livemint.com/news/world/grammarly-announces-rahul-roy-chowdhury-as-its-new-ceo-11679538581212.html

The shift to a holding company structure is rare for major Chinese #tech firms and could present a template for peers such as #WeChat operator #Tencent.

https://www.livemint.com/news/world/alibabas-32-billion-day-signals-breakups-for-china-tech-11680066910506.html

#AlibabaGroup's breakup into separate companies will allow its business units to become more agile and eventually list on their own, the #tech conglomerate's chief executive Daniel Zhang said.

https://www.livemint.com/news/world/alibaba-to-decide-on-control-over-six-business-units-after-ipos-11680139643347.html

Indian #tech firms have been trading extremely volatile this week sparkled after #TCS and #Infosys posted lower-than-expected Q4 earnings.
https://www.livemint.com/companies/news/q4fy23-just-a-sneak-peak-banks-crisis-in-us-and-europe-may-impact-indian-it-firms-first-quarter-of-fy24-11681896098261.html

In its report, #LinkedIn noted that there has been a shift from #tech companies, which dominated the list last year, with firms across financial services, oil & gas, professional services, manufacturing and gaming featuring in this year's list.

Read here: livemint.com/news/india/tcs-tops-linkedin-s-2023-best-place-to-work-in-india-followed-by-amazon-11681901922814.html

In a memo sent to staff, co-founder and CEO #JonahPeretti said in addition to the news division, layoffs would take place in its #business, #content, #tech and administrative teams. #BuzzFeed is also considering making job cuts in international markets

Read here: https://www.livemint.com/companies/news/buzzfeed-to-close-news-division-cut-15-of-all-staff-11682010416996.html

#Opinion | "#Tech luminaries including #OpenAI CEO #SamAltman, #AI 'godfather' #GeoffreyHinton and #KevinScott of #Microsoft now want to rein in the very tech they nurtured, likening its risks to those of pandemics and nuclear war" — Leslie D'Monte writes.

https://www.livemint.com/opinion/online-views/mint-explainer-why-are-ai-experts-in-an-apocalyptic-bind-11685613503192.html

A three-decade-old company, #Nvidia, entered into the elite club of giant #tech firms like #Apple, #Google and #Microsoft after its capitalisation touched $1 trillion on Tuesday morning.

https://www.livemint.com/companies/people/from-philanthropy-to-love-for-biker-jackets-lesser-known-facts-about-nvidia-ceo-jensen-huang-11685624113665.html

The regulatory crackdown on #China's #tech firms gained momentum after the shelving of #Alibaba affiliate #AntGroup's $37 billion #IPO in November 2020.

Read here: https://www.livemint.com/market/beijings-regulatory-crackdown-wipes-1-1-trln-off-chinese-big-tech-11689154448628.html

#Microsoft CEO #SatyaNadella's investment in #OpenAI and its #ChatGPT has pushed the #tech giant's stock to new highs, surpassing a $1 billion windfall for #Nadella.

Read here: https://www.livemint.com/companies/people/satya-nadellas-payouts-surpass-1-billion-amidst-1-000-stock-surge-ai-investment-drives-new-highs-11689836850289.html

The "super app" or "everything app" concept, popular in #Asia, has inspired global #tech companies.

https://livemint.com/technology/tech-news/rebranding-twitter-to-x-is-it-a-step-towards-elon-musks-everything-app-11690260380109.html

Heat sparks scramble for #electricity on exchanges | Growth engines to continue firing in Q1, say #RBI officials | Confusion, #tech fails mar first day of new #ad rules

Read today's Mint e-paper here: https://epaper.livemint.com

Why Is The World Bank Worried About This Impending Job Crisis | 800 Mn To Be Impacted Globally!

Ajay Banga, President, The World Bank Group highlighted a huge gap in jobs for the 1.2 Billion People who will reach working age in developing ‌countries in the next 10 to 15 years. He highlighted a stark imbalance: Current projections suggest only 400 Million Jobs will be created & 800 Million Job deficit will create huge social unrest.

WATCH: https://www.youtube.com/watch?v=1QBIgc8mI24

Kenneth Andrade, founder and chief investment officer, Old Bridge Mutual Fund, is known for his high-conviction stock-picking. In this interview, he explains why he remains constructive on Indian equities, the sectors he is backing and avoiding, and the biggest risks he sees for markets.

Watch the full interview here!
https://www.youtube.com/watch?v=5eAk_b7g0_o