“AI Promises Job Cuts and Cost Savings: Sridhar Vembu Sounds the Alarm on What’s Ahead”
"Vembu noted that while vendors promise savings by cutting jobs through AI, the impact has been 'small.'"
Tag: tech
“Surge in Cyber Threats: 51 Billion Web Attacks Target Asia Pacific and Japan in 2024 Amidst Growing AI Integration”
The APJ region faced a 73% rise in web application attacks, reaching 51 billion in 2024, driven by AI use.
Rimigo Secures $550K in Initial Funding to Innovate Travel Tech
Travel-tech company Rimigo has secured $550,000 in a pre-seed funding round co-led by Reazon Capital.
EU Imposes Hefty Fines on Apple and Meta, Enforces Compliance Among Tech Giants
Apple and Meta have been fined hundreds of millions by the EU to enforce compliance with the DMA rules.
Accenture Expands Its Horizons with the Acquisition of TalentSprint from NSE Academy
Accenture has acquired deep tech education company TalentSprint to enhance LearnVantage's growth capabilities.
OpenAI Might Eye Google Chrome If DOJ Mandates Sale, Executive Reveals in Court
In a twist, an OpenAI exec expressed interest in acquiring Chrome if regulators force Google to divest.
Ex-Housing.com Chief Jason Kothari Unveils Innovative Venture Mythik
Jason Kothari launched Mythik, a tech-first venture to share Eastern stories globally through immersive storytelling.
MatBook Secures $750K in Seed Funding Boost
Construction tech startup MatBook has raised $750,000 in a pre-seed funding round led by Seedstars.
Vibrant Ventures: A Recap of This Week’s Major Funding and Acquisitions in Indian Startups (Apr 14 – Apr 19)
During the week, 25 Indian startups raised approximately $62.67 million, including 3 growth-stage deals.
“Charting a New Course: Sridhar Vembu’s Bold Critique of India’s IT Inefficiencies”
Amid this storm, Zoho's Sridhar Vembu called out decades of inefficiencies in the software sector.
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