India EV 🔌, Gaming Body 🎮, Dixon Tech 💻, Twitter Lawsuit 📢

Catch up on the latest in tech, business and startups - all in 5 minutes. [Newsletter Banner] Daily News Roundup Welcome to today's edition of the NextBigWhat Daily News! Today's top stories include India's EV penetration, gaming regulatory body formation, Dixon Technologies eyeing PLI scheme, and Twitter facing a lawsuit. 🔎🤝🚨 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( 🇮🇳 IndiaTech: Latest tech and startup news. India’s EV Penetration Lags Behind Asian Average at 1.1% - S&P Global Ratings reports India’s EV penetration at 1.1% compared to Asian average of 17.3%. - China leads with 27.1% EV penetration, while South Korea reaches 10.3% and Thailand experiences fastest electrification growth. - India discovers 5.9 million tonnes of lithium reserves; battery production likely to be boosted by production-linked incentive scheme. India to form gaming regulatory body if industry fails to meet deadline - Government to create self-regulatory organization (SRO) for online gaming if industry bodies do not meet three-month deadline. - All India Gaming Federation (AIGF), e-Gaming Federation (EGF), and Internet and Mobile Association of India (IAMAI) have differences on SRO’s structure and ethics. - Proposed SRO would hold powers such as revoking certification, imposing financial penalties, and summoning gaming company executives for rule violations. Dixon Technologies eyes revised IT hardware PLI scheme, Optiemus and HP consider joining - Dixon Technologies plans Rs 250 crore investment over 6 years under India’s revised IT hardware PLI scheme. - Optiemus Electronics and HP assessing potential opportunities in the program to boost domestic manufacturing. - Revised plan increases budget, incentive to 5% for incremental production and investment, and additional localization benefits. DPIIT Addresses Startup Taxation Concerns with Finance Ministry - DPIIT takes up taxation issues faced by startups with the finance ministry. - Finance Act, 2023 amendment in Section 56(2)(viib) brings overseas investment in unlisted companies under tax net. - Income Tax department expected to release draft rules and valuation norms for foreign investment in unlisted companies. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( 🌎 GlobalTech: Trending global tech news. MediaTek and Nvidia collaborate on advanced GPU mobile chips and WOA chips for notebooks - MediaTek partners with Nvidia for flagship-level mobile processors, improving AI and gaming features. - The collaboration will also develop Windows on ARM (WOA) platform products for notebook applications. - Increased GPU production anticipated due to seasonal demand within the gaming segment. Uber Introduces Teen Accounts and Car Seats for Younger Kids - Starting May 22nd, Uber will roll out teen accounts in select US and Canadian cities with safety features such as audio recordings and vehicle tracking. - Parents can monitor trips, contact drivers or Uber support, and manage food orders and payments through family profiles. - Uber will also offer rides with Nuna’s Rava car seats for kids up to 65 lbs in New York City and Los Angeles, with plans to expand to more cities. Lawsuit Accuses Twitter of Aiding Saudi Kidnapping of Dissident - Twitter allegedly provided Saudi agents with dissidents’ personal information, enabling kidnapping and torture. - Ex-employees accused of providing data on around 6,000 users, violating Twitter’s own policies. - Lawsuit filed by sister of Abdulrahman Al-Sadhan, a dissident kidnapped in 2018. Record iPhone revenue with highest Android-to-iPhone switch since 2018 - iPhone 14 design and performance attract Android users. - 15% of iPhone owners surveyed had an Android phone before switching. - Low percentage of first-time phone buyers choosing iPhone. 🤖 AI: Latest in AI and ML. Texas A&M Professor Mistakenly Accuses Students of Cheating Based on ChatGPT - Dr. Jared Mumm wrongly believed ChatGPT could detect cheating, flunked an entire class. - ChatGPT is not designed to detect AI-generated content; it often produces misinformation. - University states no students failed or were barred from graduating due to the issue. South Korean Researchers Create AI Model to Analyze Dark Web - DarkBERT AI model created to index and understand the dark web. - The model aims to combat cybercrime through natural language processing. - Outperforms known pretrained language models, could be useful for detecting ransomware and monitoring illicit exchanges. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](