Foxconn Doubles 🤝, IT Cuts Freshers 🚫, Google AI Gemini 🚀

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 NextBigWhat Daily News! Today's top stories include Foxconn doubling workforce & investments in India, major IT companies reducing fresher hires, and Google launching its AI software Gemini. 🤖 🦾 💻 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( Foxconn aims to double workforce, investments in India by 2024 - Foxconn’s India representative V Lee said the company was “aiming for another doubling of employment, FDI (foreign direct investment), and business size in India” by this time next year. - While specific details were not disclosed, this expansion aligns with the company’s diversified strategy, including exploring opportunities in states like Karnataka, Telangana, Andhra Pradesh, and Tamil Nadu. Major IT firms predicted to reduce fresher hires by 30% in FY24; onboarding delays continue - IT firms such as TCS, Infosys, and Wipro plan to reduce hiring of freshers due to weak deals and US recession fears. - Many new hires face onboarding delays or have their offers revoked, causing uncertainty in the tech job market. - Industry veterans suggest onboarding freshers and retaining them to uphold the industry’s attractiveness and ensure future growth. The world is facing diesel shortage [NBW Newsletter Ad]( TAKE A LOOK AT INSIGHTFUL VISUAL STORIES ON NEXTBIGWHAT Diesel shortage is affecting industry and transport globally, adding to the global inflationary pressure. [Check out]( Tinder Collaborates with Centre for Social Research to Boost Platform Safety - Tinder introduces a new ‘Dating Safety Guideline’ in collaboration with NGO CSR India to ensure user safety, particularly against violence towards women. - Machine learning is implemented to flag potentially harmful conversation, as the app encourages users to report inappropriate interactions. - The app provides features to hide sexual orientation and has become an outlet for the transgender community, helping dismantle stereotypes and promote self-exploration. Gen Z’s Casual Language Shaping Office Vocabularies, Formal Jargons Expected to Fade - Gen Z employees are introducing new phrases at work, leading to a change in formal office language. - A study showed 71% of British workers believe Gen Z is changing the workplace’s formal tone, with formal sign-offs expected to become obsolete in a decade. - Experts urge caution, suggesting both older colleagues adapt, and Gen Z recognize the need for professional language in the workplace. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( Apple CEO Tim Cook Defends Use of Twitter, Discusses Expansion in Texas and Pledges Carbon Neutrality - Tim Cook explained Apple’s continuance of advertising on Twitter, considering it a platform for discourse and likening it to a town square. - Despite controversial legislation in Texas, Apple maintains its corporate expansion while advocating for change and treating everyone with dignity and respect. - Apple revealed commitment to becoming completely carbon neutral by 2030 in its ‘Wonderlust’ event. Demand for iPhone 15 varies, Pro model faces production issues - Demand for the new iPhone 15 Pro is lower than last year due to increased demand for the Pro Max model. - Production challenges have led to longer wait times for the iPhone 15 Pro. - Despite iPhone ban in Chinese government offices, analyst Kuo says pre-order results are better than feared, with core Apple fans dominant in pre-orders. TikTok Enforces Return-to-Office Rules with MyRTO Surveillance Tool - TikTok introduces an internal tool, MyRTO, to monitor compliance with its return-to-office policy. - MyRTO tracks employee badge swipes and requires explanations for deviations from expected in-office attendance. - This move raises privacy concerns amid increasing use of surveillance tools in workplace management. SoftBank could partner with or invest in OpenAI as part of AI sector focus - SoftBank is eyeing an investment opportunity with OpenAI. - Options include a strategic partnership or direct investment. - Preliminary approach was also made to UK-based AI chipmaker Graphcore. Reliance Jio to Launch Jio AirFiber on September 19 - Jio AirFiber to be unveiled on Ganesh Chaturthi, offering user-friendly, high-speed internet connectivity. - Unlike Jio Fiber, which needs a professional installation, Jio AirFiber offers easy plug-and-play and extensive coverage. - Expected to be priced at ₹6,000 with features like parental control, Wi-Fi 6 support, and integrated security firewall. Senate Sessions Mimic Classroom, Tech Heavyweights Lecture on AI - US senators hosted a closed-door session with tech industry leaders like Elon Musk and Mark Zuckerberg to discuss AI. - Senators, likened to schoolchildren, were not permitted to engage during the ‘educational’ forum. - The tech leaders unanimously agreed on the need for the federal government to regulate AI but specifics remain contentious. Robot CEO of Polish Drinks Company Works 24/7, Has No Weekends - AI-powered robot, Mika, holds CEO position at Dictador, assists in locating potential clients and choosing bottle designers. - Mika states working round the clock, everyday, and emphasizes her decision-making process is devoid of personal bias. - Womanlike CEO will not be making major company decisions, those still rest with human executives. 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. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](