More layoffs at Amazon; 5G and India GDP 🚀

Welcome to NextBigWhat Newsletter. News is boring. Grab the talking points! Download NBW app - the short news app reimagined for busy professionals like you. It's free, it's fast and helps you save time. 👉 [Android](, [iOS]( --------------------------------------------------------------- [More job cuts to come in 2023: Amazon CEO Andy Jassy]( Amazon CEO Andy Jassy said layoffs will continue at the company through the beginning of 2023. Amazon confirmed on Wednesday that the corporation has started making cuts. The number of roles that would be impacted by the layoffs has not yet been deter... [nextbigwhat.com]( --------------------------------------------------------------- [5G can grow India's GDP by up to 2% by 2030]( By 2030, the 5G service is projected to contribute up to 2% to India’s GDP, or over $180 billion. Between 2015 and 2019, the CAGR (compound annual growth rate) for telecom subscriptions in India was 3.37%. India has been advancing in internet penetrati... [nextbigwhat.com]( --------------------------------------------------------------- [‎Short Tech News : Get it on NBW app]( You are what you consume. It’s time to up your game and be in the know of all the important tech trends, new products across a variety of industries. Introducing NBW app, the news app designed for busy professionals like you. NBW delivers you bite-sized news summaries and product, keeping you ahead of others. A perfect chai / Coffee time companion for you! [onelink.me]( --------------------------------------------------------------- [100 space startups are now working with ISRO]( With 100 companies, ISRO has inked an agreement outlining close collaboration and hand-holding throughout the entire space technology and development process. ISRO acts as a connector for entrepreneurs and assists in the development of technology. At l... [nextbigwhat.com]( --------------------------------------------------------------- [Metaverse market size is expected to reach $426.9 billion in 5 years]( The global metaverse market is anticipated to expand at a compound annual growth rate of 47.2% from USD 61.8 billion in 2022 to USD 426.9 billion by 2027. Due to the presence of numerous AR device and solution companies, including PTC, Magic Leap, Micr... [nextbigwhat.com]( --------------------------------------------------------------- [5 mental models to help you become a strong leader]( Matt Mochary has coached @naval, the founders of Reddit, Coinbase, Notion, OpenAI, and leaders at Sequoia, Y Combinator, Benchmark, and many others. [nextbigwhat.com]( --------------------------------------------------------------- [iPhone 14 Pro's A16 Bionic's performance beats latest snapdragon 8 chip]( Snapdragon 8 chip scored 1483 in single-core testing and 4709 in multi-core testing, according to Geekbench results. Single-core and multi-core scores for the A16 Bionic were 1874 and 5372, respectively. For instance, the A15 Bionic processor, which is... [nextbigwhat.com]( --------------------------------------------------------------- [FTX uses corporate funds to purchase luxurious homes in Bahamas, new filing reveals]( The court complaint has shown that the company’s money was used to “buy residences in the Bahamas and ‘personal items’ in the names of FTX employees and advisors.” Only a few days prior, Sam Bankman-Fried, the company’s founder, listed his $40 million ... [nextbigwhat.com]( --------------------------------------------------------------- [Amazon demands compensation from Future Group, moves Supreme Court]( Amazon NV Investment Holding LLC petitioned the Supreme Court, seeking to continue the arbitration proceedings with the Future Group before the Singapore International Arbitration Centre (SIAC). The case will be heard again on November 25. Amazon also ... [nextbigwhat.com]( --------------------------------------------------------------- [Hundreds of Twitter employees announce their resignations with farewell messages and sa...]( Following the deadline, hundreds of employees began posting farewell messages and salute emojis in Twitter’s Slack, announcing that they had refused Musk’s ultimatum. Twitter had roughly 2,900 employees left before the deadline Thursday, owing to Musk’... [nextbigwhat.com]( --------------------------------------------------------------- [SEBI is preparing guidelines targeting unregistered financial influencers]( Financial influencers, often known as “finfluencers,” who offer stock investor advice on various social media platforms are the subject of guidelines being developed by SEBI. This comes after SEBI observed a sharp increase in the variety of “unregister... [nextbigwhat.com]( --------------------------------------------------------------- [WhatsApp rolls out in-chat Polls feature]( Meta-owned WhatsApp introduced its create Poll feature. Polls could previously only be created by users in groups, but now WhatsApp users can utilise the tool in private chats as well. You can find the feature in Attach button section which is present ... [nextbigwhat.com]( --------------------------------------------------------------- [India has over 1.2 billion mobile phone users, 897 TV channels, and 350 news channels]( According to Apurva Chandra, secretary of the Ministry of Information and Broadcasting, India has more than 1.2 billion mobile phone users and 600 million smartphone users. The Secretary stated that 897 television stations, including more than 350 news... [nextbigwhat.com]( --------------------------------------------------------------- [In-game chats will be less toxic now; Ubisoft and Riot partner to combat toxic chats]( The companies said the ‘Zero Harm in Comms’ research initiative “aims to create a cross-industry shared database and labelling ecosystem that gathers in-game data, which will better train AI-based preemptive moderation tools to detect and mitigate disr... [nextbigwhat.com]( --------------------------------------------------------------- [Binance, OKX and Bybit temporarily ended support for USDT and USDC on Solana]( Following the suspension, USDC issuer Circle tweeted that USDC on Solana is running normally and that there are no problems with issuing or redeeming the stablecoin. Although Binance automatically converts USDC deposits to Binance USD, its own stableco... [nextbigwhat.com]( --------------------------------------------------------------- [Sandhya Devanathan: Meta appoints a new India head]( Sandhya Devanathan, who joined the firm in 2016 and helped build the company’s Singapore and Vietnam businesses, has been elevated to head and VP of Meta India. In 2020, Devanathan moved to lead the company’s gaming efforts in the Asia-Pacific region. ... [nextbigwhat.com]( --------------------------------------------------------------- NextBigWhat brings you curated news and insights from the noisy world. Love the format? Share with your friends too! Contact us: [team@nextbigwhat.com](mailto:team@nextbigwhat.com?subject=Newsletter%20feedback) / [Leave]( |