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News on Medial
Men Overran a Job Fair for Women in Tech
Wired
·
1y ago
Medial
The annual Grace Hopper Celebration, a conference and career fair aimed at women and non-binary tech workers, was recently disrupted by a significant number of men who attended in search of job opportunities. The event, known as the largest gathering of women in tech, allows aspiring tech workers to network with industry professionals. However, the influx of men at this year's event has raised concerns about limited resources and the ongoing struggle for gender equity in the tech industry.
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Venture capital's steep decline is leaving female startup founders in the cold, new data shows
Business Insider
·
1y ago
Medial
New data from Carta shows that women founders are feeling the impact of the decline in venture capital investment more than men. The data reveals that the share of funding going to women-only teams fell below 3% for the first time in four years. This disparity worsens as companies scale up, with women-only teams receiving less funding in later stages. The data also indicates a decline in the proportion of women founders, with 87% of founders in newly incorporated companies being men.
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Apna.co says women job seekers posted 44 applications every minute in 2023
IndianStartupNews
·
1y ago
Medial
Apna.co, a job and professional networking platform, witnessed a significant rise in women job seekers in 2023, with 23 million job applications from women, averaging 44 applications per minute. This represents a 40% increase in women with graduate degrees or diplomas using the platform. The surge in female applicants was particularly apparent in tier 2 cities, with 6.7 million women from these cities seeking various job roles. The data also revealed a balanced approach among women, with equal interest in flexible work arrangements and full-time roles. Additionally, there has been a shift in career aspirations, with more women applying for higher-salaried positions and managerial roles. This trend is seen as an economic revitalization and has a significant impact on India's GDP growth.
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Don't expect ChatGPT to take the bias out of job recruiting just yet
Business Insider
·
1y ago
Medial
OpenAI's ChatGPT, an AI tool used for resume screening, has been found to exhibit racial bias in favor of Asian applicants over Black job seekers, according to an investigation by Bloomberg. The tool ranked resumes associated with Asian women as the top candidate 17.2% of the time, compared to just 7.6% for resumes associated with Black men. OpenAI suggested that recruiters can manually adjust the tool to mitigate bias, but the report highlights concerns about the potential adverse impact on certain gender and race groups if AI tools are used without additional safeguards.
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Stanley looks to replicate the water-bottle hype among guys
Livemint
·
1y ago
Medial
Stanley, known for its popular vacuum-insulated water bottles, is diversifying its product range to target men. The company has enjoyed significant revenue growth, driven in part by the success of its 40-ounce Quencher, a coveted item among women and tweens. To attract a male audience, Stanley plans to introduce sleeker and subtler water bottle designs, appealing to men who value grooming and appearance. The company's marketing strategy involves leveraging social media and collaborating with influencers, with a particular focus on targeting men through the platforms they engage with most.
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VC funds backing fewer women startups than men-led ones: Smriti Irani
Economic Times
·
1y ago
Medial
Union minister Smriti Irani criticized venture capital funds for not supporting women-led innovative startups and instead favoring those founded by men. Irani highlighted the low risk-taking by VCs for women-led initiatives based on innovation, which ultimately hinders their commercial success. She also reiterated her stance against providing period leave for women in the workplace, citing concerns over privacy and potential discrimination against women. Additionally, Irani emphasized the need for business schools to teach negotiation skills, particularly to female students, and called for greater sensitivity in addressing workplace sexual harassment.
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India’s electronic ambitions ride on young female employees
Economic Times
·
1y ago
Medial
The article discusses the increasing trend of women in the electronics manufacturing sector in India and the benefits it brings to companies. Women are being preferred for assembly line jobs due to their innate learning ability and perseverance. The article highlights the growth potential of the electronics manufacturing sector and the need to prioritize safety and comfort for women employees. Challenges include concentration in lower-skilled roles and societal hurdles. Experts also emphasize the need for upskilling, fair pay, and a safe work environment for women.
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The women in AI making a difference
TechCrunch
·
1y ago
Medial
TechCrunch is launching a series of interviews highlighting women who have made significant contributions to the AI revolution. The goal is to give these women the recognition they deserve in a field predominantly dominated by men. The article acknowledges the gender gap in AI and mentions notable women who have played crucial roles in the development of AI technology. It also addresses the reasons behind the disparity and the need for stronger support, mentorship, and workplace policies to encourage more women to pursue careers in AI. The series aims to inspire change and promote diversity within the AI industry.
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Elon Musk’s quest to make men great again
Livemint
·
11m ago
Medial
Elon Musk has recently been embracing a tough-guy image and promoting a form of masculinity that idolizes power, success, and conquest. He has made controversial comments and jokes that have offended many, especially women. Musk's endorsement of former President Donald Trump and his admiration for strong-man leaders like Hungarian Prime Minister Viktor Orbán demonstrate his affinity for tough leadership. However, he also has limits to his fondness for strong men, as he engaged in a Twitter spat with Venezuelan dictator Nicolás Maduro. Musk's public persona aligns with a political undercurrent in the United States that sees a divide between young men and women on different sides of the political spectrum. Despite facing criticism, Musk remains committed to his vision of masculinity.
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Sudha Murty's bicycle analogy for gender equality: 'men & women are equal but...'
Money Control
·
1y ago
Medial
Author and philanthropist Sudha Murty recently expressed her perspective on gender equality, highlighting the complementary roles of men and women. Murty equated life to a cart or bicycle with two wheels, emphasizing that both genders are necessary for societal progress. She recognized the unique strengths of women, such as linguistic abilities and nurturing qualities, while acknowledging men's differences in emotional quotient (EQ) compared to women. Murty also shared an anecdote about receiving recognition from late President APJ Abdul Kalam for one of her columns.
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Tech Mahindra's On-Campus Placement Terms Raise Eyebrows NIT as Jalandhar Student's Tweet Sparks Controversy
Business Bytes
·
1y ago
Medial
Tech Mahindra's on-campus placement terms have come under scrutiny after a tweet by an NIT Jalandhar student exposed some controversial clauses in the job offer. The tweet revealed that Tech Mahindra proposed an annual salary of Rs 3.25 lakh for standard hires and Rs 5.5 lakh for those passing the "supercoder" selection process. However, it also highlighted conditions such as willingness to work any shift, any day and signing an indemnity bond of Rs 1 lakh for a mandatory two-year service period. This has sparked discussions about work-life balance and fair employment practices in the tech industry.
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