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! Explore the anticipated 7% GDP growth in India, Google's major cookie phase-out, and OpenAI's launch of the GPT Store. ðð»ð¤ Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( India anticipates 7% GDP growth for fiscal year 2024 - Indiaâs GDP for the fiscal year 2023/24 is expected to have grown by 7%, according to the first advance estimates to be released today.
- The Reserve Bank of India revised its growth forecast to 7% last month, up from an initial estimate of 6.5%.
- S&P Global Ratings predicts India will remain the fastest-growing major economy for the next three years, becoming the worldâs third-largest economy by 2030. Survey reveals managers prefer remote work more than employees - Checkr survey shows 68% of managers want to continue remote and hybrid work in 2024, compared to 48% of employees.
- 58% of managers fear return-to-office policies may lead to significant workforce attrition, while only 47% of employees share this concern.
- The trend of senior employees preferring remote work may negatively impact interns and junior employees by creating an isolating office environment and hindering career progression. Transform your 2024 : Build winning habits ! [NBW Newsletter Ad]( 50% Launch Discount ! Win your 2024 ð "We are what we repeatedly do." Reset and Build Better Habits for 2024â! 21-days email based course, No app to download ð [Enroll ð]( Bengaluru womanâs lawsuit against Apple over spilled coffee on MacBook dismissed - A Bengaluru woman sued Apple after her MacBook Pro, damaged by spilled coffee, was not repaired under AppleCare+.
- The court dismissed her case as AppleCare+ policy does not cover damage caused by liquid spills.
- The woman had her laptop repaired at an authorized store, seeking damages, but failed to disclose this in court. Cashfreeâs FY23 revenue reaches Rs 614 Cr despite widening losses - Cashfree, an online payments processor, reported a 75.43% growth in its operating scale in FY23, with revenue reaching Rs 614 crore.
- Despite the revenue growth, the companyâs losses increased to Rs 133 crore due to a surge in employee benefits and payment processing costs.
- Recently, Cashfree received a payment aggregator license from the Reserve Bank of India, which is expected to significantly boost its revenue in the current financial year. Be the smartest thinker in the room with BigIdeas app (delivers bite-sized ideas from world's best podcasts, books.) [App Store]( [Google Play]( Google initiates phase-out of cookies for 30 million Chrome users - Google has begun its plan to phase out cookies by disabling them for 1% of Chrome users, approximately 30 million people.
- The tech giant aims to replace cookies with a new tracking method called âPrivacy Sandboxâ, which stores data on usersâ devices rather than sending it to Google.
- Despite the change, Google is still tracking users, but the new method is considered more private, although not all privacy advocates agree with this assessment. 196 major internet censorship incidents reported globally in 2023 - A report by Top10VPN revealed 196 major self-imposed internet outages across 25 countries in 2023.
- Iraq recorded the highest number of shutdowns, while Manipur, India, had the longest, exceeding 5,000 hours.
- Social networks and messaging services like X, Instagram, TikTok, Facebook, WhatsApp, Telegram, and Signal were frequently targeted, impacting hundreds of millions of people. Qualcomm unveils Snapdragon XR2+ Gen 2 chip with enhanced resolution and performance - Qualcomm introduces the Snapdragon XR2+ Gen 2, offering up to 4.3K resolution per eye at 90 fps, 2.5x GPU performance increase, and 8x better AI performance.
- The new chip is the flagship of Qualcommâs AR/VR/XR platform, surpassing the previous XR2 Gen 2 that provided 3K resolution.
- Qualcomm is partnering with Google, Samsung, HTC Vive, Immersed, and Play for Dream to integrate the new platform into their ecosystems. Gupshup India records 43% revenue increase and 22.5% profit growth in FY23 - Gupshup Indiaâs revenue rose by 43% to Rs 1,619 crore in FY23, with profits increasing by 22.5% to Rs 49 crore.
- The companyâs spending on employee benefits increased by 92% and overall expenditure grew to Rs 1,562 crore.
- Despite a valuation markdown by Fidelity Investments, Gupshup continues to show growth and adaptability in the competitive market. Googleâs DeepMind introduces new techniques for training robots using video and large language models - DeepMindâs AutoRT uses large foundational models and a Visual Language Model (VLM) to improve robotsâ situational awareness and manage multiple robots simultaneously.
- Large language models suggest tasks that can be accomplished by the robots, reducing the need for hard-coding skills.
- The team also introduced RT-Trajectory, which uses video input for robotic learning, doubling the success rate of its previous training method. OpenAI to launch GPT Store for customizable chatbots next week - OpenAIâs GPT Store, a marketplace for customizable versions of ChatGPT, is set to launch next week, offering AI agents that can perform a variety of tasks.
- Despite concerns over monetization and security vulnerabilities, CEO Sam Altman has promised to pay top GPT developers and has addressed major security issues.
- The effectiveness and usefulness of these GPTs compared to ChatGPT is yet to be determined, raising questions about the future of the platform. Googleâs upgraded chatbot Bard Advanced may not be free for all users - Googleâs Bard Advanced, powered by the new Gemini Ultra AI model, may not be freely available to all users.
- Hints of a paid premium tier after a three-month free trial were found in the Bard websiteâs code.
- Itâs unclear if Bard Advanced will be offered as a separate subscription or bundled with Google One, Googleâs subscription service. ChatGPT is developing to become an alternative assistant app on Android - ChatGPT is working on becoming an alternative to Google Assistant on Android smartphones.
- New activity in the latest version of the ChatGPT app suggests support for voice input, similar to Google Assistant.
- The timeline and cost of this feature are unclear, but code in the app suggests it may be linked to a Plus subscription. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](