Scammers Exploit Trust with 76,000 Fraudulent Sites, Targeting Shoppers Worldwide In an alarming revelation, a recent report by The Guardian has unveiled a widespread online scam that has ensnared over 8 lakh individuals globally. Operating through a network of 76,000 counterfeit designer websites, cybercriminals have orchestrated one of the largest online frauds to date, amassing a staggering €50 million in ill-gotten gains. The scam, meticulously orchestrated by individuals believed to be based in China’s Fujian province, has impacted consumers predominantly in the United States and Europe. According to the findings, the elaborate scheme involves the creation of fake online storefronts…
Author: naman.pasricha
Passengers Left Stranded as Senior Crew Members Call in Sick Air India Express, the low-cost subsidiary of Air India, has faced significant disruption with the cancellation of over 80 flights within a short span. The airline attributed this sudden wave of cancellations to a “mass sick leave” among its senior crew members. Passengers, particularly those traveling internationally and domestically, have been left stranded and inconvenienced by this unforeseen event. According to the airline’s spokesperson, the issue arose when a section of the cabin crew reported sick at the last minute, causing delays and cancellations starting from Tuesday night. While the…
Microsoft Ventures into AI Race with MAI-1, Competing Against Tech Giants With a 500 billion Parameter Model, Microsoft Aims to Make Strides in AI Development In a bold move that underscores its commitment to artificial intelligence (AI) development, Microsoft is reportedly forging ahead with the creation of its own AI model, dubbed MAI-1. This initiative signals a significant step for the tech behemoth, positioning it squarely in competition with industry giants such as Google and OpenAI. Overseen by Mustafa Suleyman, a former Google executive who now heads Microsoft’s AI unit, MAI-1 boasts an impressive 500 billion parameters, marking a substantial…
Transforming Professionals for the Age of Intelligent Automation In the heart of India’s tech landscape, a groundbreaking collaboration between the Indian Institute of Science (IISc) and TalentSprint is paving the way for professionals to embrace the future of automation and artificial intelligence (AI). With the relentless march of technology reshaping industries worldwide, the need for skilled professionals to harness the power of intelligent systems has never been more pressing. Driving India’s Technological Revolution Automation, robotics, and AI are no longer distant concepts confined to science fiction; they are the driving forces behind a new era of industrial growth. According to…
Indian Ride-Hailing Giant Enters AI Space with Krutrim Cloud, Aiming to Challenge Global Tech Titans In a bold move into the realm of artificial intelligence (AI), Ola, the renowned Indian ride-hailing company, has unveiled its latest venture: Krutrim Cloud. This ambitious platform promises not only to rival but surpass industry giants like Google and Microsoft in the race for cutting-edge cloud services tailored to the needs of Indian developers. Speaking at a recent event, Bhavish Aggarwal, the visionary founder of Ola, outlined his determination to revolutionize the cloud computing landscape. He emphasized Krutrim Cloud’s commitment to affordability and efficiency, aiming…
India’s Telecom Sector Witnesses Growth, Led by Wireless Broadband Adoption India’s telecom landscape witnessed a notable shift in March 2024 as Reliance Jio and Bharti Airtel marked significant gains in mobile subscribers, while other key players experienced losses. According to the latest report from the Telecom Regulatory Authority of India (Trai), the sector showcased resilience amid competitive dynamics, with wireless broadband continuing its dominance. The Trai report unveiled that India’s total telecom subscriber base reached 1.199 billion in March, signaling a marginal monthly increase of 0.13%. Driving this growth were Reliance Jio and Bharti Airtel, who collectively added over 3.8…
In a landmark move toward sustainability and technological advancement, Microsoft Corporation has entered into an unprecedented clean energy agreement with Brookfield Asset Management’s renewable energy arm. This groundbreaking partnership not only underscores Microsoft’s commitment to environmental stewardship but also positions the tech giant as a frontrunner in clean energy procurement. The Deal Breakdown The agreement entails Brookfield Renewable Partners supplying over 10.5 gigawatts of renewable energy capacity across the United States and Europe, commencing in 2026. To put this into perspective, the magnitude of this renewable energy capacity is equivalent to the output of approximately 10 nuclear power plants. This…
Layoffs in Flutter, Dart, and Python Teams Spark Speculation about Google’s Strategic Shift “As we’ve said, we’re responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” said Google spokesperson Alex García-Kummert. “To best position us for these opportunities, throughout the second half of 2023 and into 2024, a number of our teams made changes to become more efficient and work better, remove layers, and align their resources to their biggest product priorities.” As Google gears up for its annual I/O developer conference this May, the tech giant faces scrutiny and concern following reports of staff layoffs across…
Match Group CEO’s comments on romance scams draw criticism amidst rising concerns over online dating safety. In a recent interview with CBS News, Match Group CEO Bernard Kim stirred controversy with his response to questions about romance scams on popular dating platforms like Match.com and Tinder. While acknowledging the prevalence of romance frauds and expressing empathy towards victims, Kim’s comments have drawn criticism for their seemingly dismissive tone towards those who have fallen victim to such scams. “Look, I mean, things happen in life. That’s really difficult. I feel empathy for things that happen, but our job is to keep…
Invest India Forecasts Remarkable Growth, Predicts $325 Billion E-commerce Market by the End of the Decade India, the vibrant hub of digital innovation, is poised to secure a prominent position in the global e-commerce landscape by 2030. A recent report by Invest India paints a compelling picture of the nation’s digital transformation, projecting a staggering surge in the e-commerce sector, with estimates soaring to a monumental $325 billion. This exponential growth aligns with India’s booming digital economy, forecasted to reach a remarkable $800 billion within the same timeframe. With a colossal internet user base, second only to China, India is…
