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Dunzo Delays Salaries 💵, Koo Seeks Partner 🤝, Tech Mahindra & Surance.io Join Forces 🔐

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Sat, Sep 16, 2023 02:22 AM

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Catch up on the latest in tech, business and startups - all in 5 minutes. Dunzo Further Delays Emplo

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 Dunzo's delayed salaries, Koo seeking a partner, and Tech Mahindra & Surance.io joining forces 🤝🔐. 📰 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( Dunzo Further Delays Employee Salaries Due to Cash Crunch, Eyes Revaluation with Investors - Faced with a severe cash crunch, quick-commerce startup Dunzo delays employee salaries and prepares to renegotiate a valuation with its investors. - CEO Kabeer Biswas anticipates clearing the pending August salaries by the next week and securing additional funding in the coming weeks. - Dunzo, valued at $800 million in its last round, may downsize its office space in Bengaluru and has recently let go of 500 employees to mitigate costs. Google is getting ready to launch its AI software Gemini - Gemini will soon be capable of competing with OpenAI’s GPT-4. Google has granted access to the future AI software to a select number of businesses. - Gemini is a collection of comprehensive language models that power a variety of applications, such as chatbots and features like text summarization and user-specific content creation. Humans with AI will replace humans without AI: Harvard professor [NBW Newsletter Ad]( TAKE A LOOK AT INSIGHTFUL VISUAL STORIES ON NEXTBIGWHAT Karim Lakhani, a Harvard professor, suggests businesses should experiment with AI and train all employees, not just tech staff, for AI use-case scenarios. [Check out]( Salesforce Looking to Hire 3,000 Staff Following Earlier Layoffs - CEO Marc Benioff announced Salesforce will hire approximately 3,000 employees after dismissing 10% of workforce in cost-cutting measures. - New hires aim to enhance sales, engineering and data cloud product teams, helping to grow the company’s artificial intelligence sector. - Benioff appeals to ‘boomerangs’, previous employees now at different firms, to join the new recruitment drive. Apple directs staff to avoid discussions on iPhone 12 radiation concerns - Apple Inc. has directed its tech support staff not to discuss the alleged radiation issue of iPhone 12, following claims by the French Government about violation of permissible limits. - Apple is to engage with France over compliance, providing official tests that the product is within the legal range. - This claim threatens to spark concerns among users, as other EU countries also reassess the iPhone 12’s radiation levels. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( X (formerly Twitter) revamps its Community Notes feature to consider more viewpoints - X changes its crowdsourced fact-checking system to allow contributors to review all suggested annotations before deciding. - This alteration aims to instigate consideration of alternative perspectives and accuracy of proposed notes. - Despite the potential for confusion and disagreements, feedback has been largely positive, but the practical impact is yet to be seen. iPhone 15 Pro features enhanced 5G performance with new Qualcomm modem - The iPhone 15 Pro uses Qualcomm’s X70 modem for improved 5G connectivity, including better connection at greater distance from cell towers. - Speed tests show up to 24% faster 5G speeds than previous models, with predominant gains in download speeds across major US networks. - Despite Apple’s in-house modem development, it will continue using Qualcomm 5G modems until at least 2026. Microsoft introduces EvoDiff, a novel protein-generating AI - EvoDiff, a general-purpose framework released by Microsoft, is said to be able to produce “high-fidelity,” “diverse” proteins from a protein sequence. - EvoDiff eliminates what is generally the most time-consuming stage by not requiring any structural information about the target protein, in contrast to other protein-generating frameworks. EvoDiff might be utilized to produce enzymes for novel treatments and drug delivery systems.  Generative AI Increasing Cybersecurity Risks, Warns McAfee CEO - McAfee CEO, Greg Johnson, warns that generative AI (GenAI) is becoming a tool for scammers, elevating cybersecurity risks. - As GenAI enhances productivity and consumer benefits, it also augments sophistication of scams, increasing challenges for consumers online. - Despite risks, GenAI’s integration into everyday life seems inevitable, and Johnson emphasizes the need for vigilant consumer behavior and strong security protocols. Koo, India’s Twitter Alternative, Seeks Strategic Partner as Funding Dries Up - Koo co-founder, Mayank Bidawatka, seeks a partner with ‘distribution strength’ amid a funding gap. - Koo’s approach supports multiple local languages and has attracted Indian politicians and sports personalities. - Despite struggles and fewer than 1 million active users, Bidawatka believes Koo could have surpassed Twitter with additional 6 months. Tech Mahindra and Surance.io Join Forces to Bolster Cybersecurity in Insurance Sector - Tech Mahindra and Surance.io collaborate to provide cyber protection solutions and multilingual tech support for the international insurance industry. - The partnership aims to give insurance clients around-the-clock assistance, AI-based threat detection tools, and guidance to prevent cyber-attacks. - This is part of Tech Mahindra’s strategy to invest in technologies that facilitate digital transformation and meet the needs of evolving insurance customers. Flipkart prepares to launch ‘price lock’ feature in upcoming festive season - Flipkart’s ‘price lock’ feature will allow users to secure a product and its price with a small deposit, shielding from price fluctuations and stock shortages. - Jeyandaran Venugopal, Flipkart’s CPTO, didn’t specify the launch date for this service. - Flipkart’s seller base has increased to 1.4 million, and the company is emphasizing more on customer services. Prompt Engineering offers salaries that can reach Rs 2.77 cr annually - A Google-backed AI company in San Francisco is posting job openings for “Prompt Engineer and Librarian” positions with starting pay of up to $335,000 (Rs 2.77 crore). - This position doesn’t necessarily call for either advanced coding abilities or a degree in computer engineering. Enhancing the capabilities of new AI tools is Prompt engineers’ primary duty. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](

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