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India is now the second-biggest manufacturing hub for mobile phones due to heavy investment from original equipment manufacturers, original design manufacturers and companies dealing in components and parts, a new report showed on Tuesday. India is expected to export about 22 per cent of its total assembled mobile phones in 2023, according to Counterpoint Research.
Saeed Amidi, founder of Plug and Play, an accelerator platform in Silicon Valley, is also an angel investor and a successful entrepreneur. He was an opening Keynote speaker at CATEALYZE 2023, organized by American Tamil Entrepreneurs’ Association (ATEA). He shared his inspiring journey with the Indian American engineers, venture capitalists, and startup founders on how, and what took him from being a spoilt youngster to a Silicon Valley icon.
Following a year of record-breaking inflation and market turbulence, local tech salaries in the US, including those for fully in-person or hybrid roles, have experienced their most significant year-over-year decline, dropping 3 per cent from $161,000 to $156,000, a new report has revealed.
Cloud major Oracle has announced new capabilities that combine the power of generative AI and voice to help providers focus more on patient engagement, building trust, and improving healthcare.
Governor Gavin Newsom signed an executive order to study the development, use, and risks of artificial intelligence (AI) technology throughout California and to develop a deliberate and responsible process for the evaluation and deployment of AI within the state government.
In another push to its India manufacturing dream, Apple maker Foxconn is all geared to start the local production of the next-generation of iPhone 15 at its Sriperumbudur facility in Tamil Nadu faster than ever, as the company doubles down on the ‘Make in India’ initiative.
Tech companies have laid off 226,000 employees so far this year, almost 40 per cent more than in 2022, a report showed on Tuesday. Although the tech industry has seen a shocking number of job cuts last year, 2023 has been much worse.
Indian American Aaron ‘Ronnie’ Chatterji has stepped down as a White House coordinator at the National Economic Council (NEC), and will return to his post as a business professor at Duke University. Chatterji was appointed by President Joe Biden’s administration in September 2022 for the implementation of the CHIPS and Science Act’s historic $50 billion investment in the semiconductor industry at NEC.
Meta chief executive officer Mark Zuckerberg announced a new feature on WhatsApp, which allows users to send short video messages. Zuckerberg took to his official Facebook handle and shared a demonstration video along with a caption, “New for WhatsApp — we’re adding the ability to instantly record and share a video message in your WhatsApp chats. It’s as easy as sending a quick voice message.”
Even though the Chandrayaan-3 mission is helmed by men, unlike the Chandrayaan-2 mission, a sizable number of women are behind the latest moon mission, said a senior official of Indian Space Research Organization. (ISRO) “There are about 54 female engineers/scientists who worked directly in the Chandrayaan-3 mission. They are associate and deputy project directors and project managers of various systems working at different centres,” a senior official of Indian Space Research Organisation (ISRO) said.
