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Livemint

Livemint

Disney+Hotstar launches new features for mobile users ahead of ICC World Cup

Disney+Hotstar has introduced new features to enhance the viewing experience for mobile users ahead of the ICC Cricket World Cup 2023. These features include an upgraded live feed, optimized data-saving video streaming, and AI-based video clarity improvements. The platform also offers MaxView, allowing users to watch the game in vertical mode. Other features include free badges for non-subscribers, optimized data-saving, and a live feed tab. The ICC Men's Cricket World Cup 2023 begins on October 5th.

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Livemint

Livemint

‘May need to update my avatar,’ says Mark Zuckerberg as he shares selfie

Meta CEO Mark Zuckerberg shared a selfie on Instagram showing his face with bruises, jokingly attributing it to a sparring session. Zuckerberg has a blue belt in Brazilian jiu-jitsu. The post came after Elon Musk teased about a Twitter rival called Threads, created by Meta. This banter has attracted attention on social media. It remains to be seen if the two tech moguls will actually engage in a physical fight.

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Wired

AI Algorithms Are Biased Against Skin With Yellow Hues

Sony researchers have found that common measures of skin tone used to test AI algorithms for bias overlook the contribution of yellow and red hues in human skin. Existing scales that focus on light to dark or white to black fail to capture the full diversity of human skin color. Generative AI systems, image-cropping algorithms, and photo analysis tools all struggle with yellow-toned skin in particular. The researchers suggest a new approach that takes into account both the depth of color and the gradation from yellow to red, potentially addressing bias and underrepresentation in AI systems.

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Wired

Slovakia’s Election Deepfakes Show AI Is a Danger to Democracy

An audio recording, allegedly featuring Michal Šimečka, leader of Slovakia's Progressive Slovakia party, discussing election rigging with a journalist, emerged on Facebook just before Slovakia's elections. Šimečka and the journalist denied its authenticity, and fact-checkers suggested AI manipulation. The incident highlighted vulnerabilities in election integrity and the struggle to combat AI-generated disinformation. It also exposed a loophole in Meta's manipulated-media policy, which focuses on video manipulation, leaving audio manipulation largely unchecked. This incident may serve as a test case for the EU and other nations preparing for upcoming elections, emphasizing the need for improved tools and strategies against AI-generated disinformation.

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Inshorts

Springworks spends ₹40 lakh on offsite trip, CEO says 'Not working remotely to save money'

Springworks, an HR-technology startup, hosted an offsite at Jaipur Marriott Hotel, spending INR 40 lakh. CEO Kartik Mandaville defended their remote work approach, clarifying that it is not solely driven by cost savings but rather to provide a better quality of life for employees. The offsite allowed remote workers to meet in person and engage in team-building activities. Mandaville emphasized that the company's remote work model offers a life where work is just a part of it, debunking the notion that remote work is solely about saving money.

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Economic Times

Economic Times

TikTok to halt transactions on its app in Indonesia from Wednesday

TikTok will halt transactions on its app in Indonesia from Wednesday in compliance with the country's new ban on e-commerce trade on social media. The Indonesian government implemented the ban to protect offline merchants and marketplaces from predatory pricing on social media platforms. TikTok, which has 125 million active monthly users in Indonesia, had planned to invest billions of dollars to build its e-commerce platform TikTok Shop. However, it remains uncertain if TikTok will create a separate e-commerce app or reopen TikTok Shop in the future.

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Economic Times

Economic Times

Zomato shares hit 52-week high of Rs 105.90; m-cap nears $ 11 billion

Food delivery firm Zomato's shares hit a 52-week high of Rs 105.90 on the BSE, with a market capitalization of around $10.8 billion. This surge in share price was driven by the company's first-ever consolidated quarterly net profit and a 71% increase in revenue. Zomato's stock value has surged more than 78% this year, and it comes amid reports of its rival Swiggy planning to go public soon. Swiggy, valued at $10.7 billion, has seen some markdowns from its investors.

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Startup News FYI

Startup News FYI

WhatsApp may soon allow users to choose their username

WhatsApp is reportedly working on a new feature that will allow users to set a username within their profile settings. The feature, which is currently in development, will let users communicate with any user, individual or business, without revealing their phone numbers. This move is seen as a step towards enhancing privacy and security on the platform. In related news, WhatsApp will stop supporting certain outdated smartphones starting from October 24, 2023.

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IndianStartupNews

IndianStartupNews

US-based Vertiv partners with Ambani's JioMart to expand its presence in India

US-based critical digital infrastructure provider, Vertiv, has announced a distribution partnership with Mukesh Ambani's JioMart to expand its e-commerce presence in India. Through this partnership, Vertiv's customers and channel partners will have access to its advanced uninterruptible power supply (UPS) solutions on JioMart's platform. The collaboration aims to deliver efficient and reliable power backup solutions to meet the evolving business needs of Indian customers. JioMart offers a seamless shopping experience with easy product search, convenient payment options, and fast shipping.

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Medial Quiz

Which startup is Ivan Zhao a founder of?

• Notion• MidJourney• Discord• Blind

IndianStartupNews

IndianStartupNews

Roopya serving lenders and LSPs raises Rs 5.09Cr led by 100X.VC

Gurugram-based startup Roopya has raised Rs 5.09 crore in a pre-seed funding round led by 100X.VC. The company plans to use the funds to develop its lending infrastructure and build a data infrastructure for lenders and loan service providers. Roopya offers analytics, infrastructure, and distribution solutions to help lenders and LSPs access risk analytics and state-of-the-art lending infrastructure. The company aims to promote financial inclusion in India.

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LinkedIn

FrontRow shutdown- explained by its founder

The startup FrontRow, focused on hobby learning, experienced a rollercoaster journey over four years. It began with a vision to help people pursue their passions but encountered challenges, including plateaued growth and unsustainable economics. Despite initial success, the company ultimately shut down in October 2022, leading to a period of reflection and learning for its founder. The journey emphasized the importance of believing in the market, prioritizing internal metrics over external validation, and finding truth tellers. The experience highlighted the psychological challenges and complexities of giving up on a venture. Read the source article to understand in depth from the founder itself.

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Money Control

Money Control

upGrad’s Mayank Kumar quits as edtech consortium chairperson, PhysicsWallah's Maheshwari to take over

Mayank Kumar, the co-founder and managing director of upGrad, is stepping down from his role as the chairperson of the India Edtech Consortium (IEC), a self-regulatory body aimed at resolving consumer complaints in the edtech industry. Kumar cited a desire to focus more on operations at upGrad as the reason for his decision. Prateek Maheshwari, co-founder of PhysicsWallah, will replace Kumar as the chairperson. The IEC was formed in 2022 and claims to represent 95% of the Indian learner community.

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Economic Times

Economic Times

Apple enforces new check on apps in China as Beijing tightens oversight

Apple has introduced a requirement for new apps to show proof of a Chinese government license before they can be released on the China App Store. This move aligns Apple with local rivals who have adopted similar policies in compliance with tightening state regulations. The requirement involves submitting an "internet content provider (ICP) filing" when publishing new apps, a system that has been in place for websites operating legally in China since at least 2017. Apple's decision to implement this policy comes as China increases its oversight of mobile apps, with a new rule requiring app stores and developers to submit an "app filing" with business details to regulators.

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OutlookIndia

PrepInsta And Dronacharya Group of Institutions Forge Partnership To Offer Comprehensive Placement Support To Job Aspirants

PrepInsta and the Dronacharya Group of Institutions have entered into a strategic partnership to provide students with placement support and upskilling opportunities. The Memorandum of Understanding (MOU) between the two entities aims to offer over 20,000 students access to industry-specific courses, mock tests, video content, and job updates from various companies. The collaboration seeks to enhance students' employability and strengthen the institute's placement records.

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OutlookIndia

Meesho Makes Platform Non-GST Inclusive; Enabling New Sellers To Come Online

Indian e-commerce platform Meesho has announced its plan to make the platform inclusive for non-GST (goods and services tax) sellers starting from October 1, 2023. This follows a recent announcement by the GST Council allowing e-commerce platforms to onboard non-GST sellers with a turnover of up to INR 40 lakhs. Meesho will provide educational content tailored specifically for non-GST sellers to help them adapt to the e-commerce landscape and scale their businesses rapidly. This move aims to foster inclusivity and promote economic growth in underserved regions of India.

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LinkedIn

LinkedIn Top Startups 2023: The 20 Indian companies on the rise

Despite a challenging year for startups in India marked by funding difficulties and layoffs, there's a silver lining. The country's space tech, AI, edtech, and electric vehicle startups are thriving. LinkedIn's 6th annual Top Startups list showcases 20 innovative Indian companies that have navigated economic challenges and attracted investors and talent. The list serves as a resource for job seekers, offering insights into in-demand roles and skills in these growing startups.

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Livemint

Livemint

31 million Indian users likely to upgrade to 5G smartphones in 2023

According to a report by Ericsson, around 31 million users in India are expected to upgrade to 5G phones in 2023, demonstrating the rapid adoption of ultra high-speed services in the country. The study also found that 5G users in India have higher daily engagement with apps, spending more time on services like video streaming, video calling, mobile gaming, and augmented reality compared to users in other early adopter markets. India's 5G satisfaction levels and perceived availability also surpass those of early adopter markets.

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Money Control

Money Control

PayU India's CEO Anirban Mukherjee elevated to global CEO role

PayU India's CEO, Anirban Mukherjee, has been promoted to the global CEO role in a management reshuffle. In his new position, he will join the Prosus leadership team and oversee the overall business operations of PayU. Mukherjee's appointment comes as PayU focuses on an India-centric strategy and explores opportunities for growth in the digital payments industry. The fintech firm is also planning to list in India next year with a valuation target of $6-6.5 billion. PayU India reported a revenue of $400 million in the last financial year.

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Medial Quiz

Which is the most used UPI app?

• Google Pay• Paytm• PhonePe• AmazonPay

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