IIT Upskilling 🎓, Shein Re-Entry🤝, Zomato Performance 📈

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 catch up on IIT Madras' upskilling courses, cyber security outsourcing, Shein's India re-entry, Zomato's FY23 performance, and more. 💻 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( 🇮🇳 IndiaTech: Latest tech and startup news. IIT Madras launches executive education courses for professional upskilling - Six-month courses include eMobility, Electric Vehicle Engineering, Quantum Computing, and Additive Manufacturing. - Online program features live interactions, weekly assignments, and online lectures; registration ends June 20th. - Designed to enhance practical knowledge and application for professionals in various fields. Indian enterprises plan to outsource cybersecurity as threats rise - 67% of Indian enterprises to outsource security to MSSPs in 3 years. - Trends point to consolidation of MSSPs partnered with enterprises. - 92% see secure access service edge (SASE) as a key implementation. Shein to Re-enter Indian Market Through Reliance Retail Partnership - Chinese fast fashion brand Shein returning to India in collaboration with Reliance Retail after ban in 2020. - Shein to utilize Reliance Retail’s sourcing, warehousing, and logistics infrastructure. - Popular among millennials for affordable trendy women’s wear, Shein was banned along with 59 apps for posing potential threat to sovereignty and integrity. Zomato Sees 68.9% Gross Revenue Growth, Shrinks Losses in FY23 - Gross revenue reaches Rs 7,079 Cr with 20.5% reduced losses at Rs 971 Cr. - Food delivery generates 64% of operating revenue, B2B unit HyperPure increases 2.8X. - Total expenditure rises 41.4% to Rs 8,775 Cr, cash outflows from operations up by 21.8%. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( 🌎 GlobalTech: Trending global tech news. Former Amazon Employee Rejoins Team After Layoff - Paige Cipriani returns as Product Manager four months after being laid off. - Cipriani previously worked in the social marketing team at Amazon. - She shared her hiring and firing experiences via LinkedIn posts. Adidas to sell $1.3bn unsold Yeezy stock, donating proceeds to charities - Adidas will release Yeezy items at the end of May for the first time since October. - Proceeds will benefit charities including the Anti-Defamation League and Philonise & Keeta Floyd Institute for Social Change. - The decision follows the company’s severing of ties with Kanye West due to his antisemitic rants. Dark Web Sees 2.7 Million Daily Users, 56.8% Engaged in Illegal Activities - Report reveals 2.7 million daily users on the Dark Web, 56.8% participating in illegal activities. - BRICS countries account for 28% of those familiar with Dark Web, with global average at 24%. - Most listed items include PayPal account logins and hacked crypto accounts, malware attacks also offered. Microsoft Reports Surge in Business Email Compromise Attempts - Microsoft Threat Intelligence detected 35 million BEC attempts with an average of 156,000 daily from April 2022 to April 2023. - Cybercrime-as-a-service targeting business email increased by 38% between 2019 and 2022. - Enterprises urged to enhance defenses, add phishing protection, and train employees to prevent attacks. 🤖 AI: Latest in AI and ML. Chinese citizens use AI griefbots to reconnect with deceased loved ones - Generative AI technology enables creation of chatbots with personalities and memories of the dead. - Individuals feed language models with data from photos, recordings, and messages to recreate loved ones. - Experts caution on ethical issues and potential for emotional dependence on AI for support. AI-focused fund outperforms 96% of peers by betting on Nvidia & Microsoft, avoids Big Tech giants - Franklin Templeton’s FTGF Martin Currie Global Long-Term Unconstrained Fund surpasses majority of competitors. - Top holdings include Nvidia, Microsoft, and ASML Holding; Apple, Alphabet, Meta, and Netflix excluded. - Fund manager Zehrid Osmani stays away from the banking sector, citing high risk of disruption. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](