X social media reveals reporting structure under Elon Musk: CEO Yaccarino

X social media reveals reporting structure under Elon Musk: CEO Yaccarino



X, the social media company formerly known as Twitter, said on Monday that owner Elon Musk will lead the product and engineering teams, while its Chief Executive Linda Yaccarino will lead all other teams including legal and sales.




The company said both Musk and Yaccarino will oversee the trust and safety team, which is responsible for content moderation.

First Published: Jul 31 2023 | 11:18 PM IST



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India’s smartphone market on the mend, Q2 CY23 shipments slip just 3%

India’s smartphone market on the mend, Q2 CY23 shipments slip just 3%


Representative Image (Photo: Bloomberg)


India’s smartphone handset shipments declined just 3 per cent year-on-year (YoY) in the second quarter (Q2) of calendar year 2023 (CY23), according to a report by Counterpoint. 


The premium segment grew 112 per cent YoY during the quarter. Although Samsung pipped Apple in the premium smartphone segment (>Rs 30,000) after one year with a 34 per cent market share, the iPhone maker continued to lead the ultra-premium segment (>Rs 45,000) with a 59 per cent share.

Though overall shipments declined for the fourth consecutive quarter, their magnitude reduced significantly, from 19 per cent YoY in Q1 to 3 per cent in Q2. Pent-up demand and improving macroeconomic conditions helped the market close at less than the expected decline, it added.

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First Published: Jul 31 2023 | 10:56 PM IST



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JioBook: Reliance Retail launches new 4G-enabled JioBook priced at Rs 16,499

JioBook: Reliance Retail launches new 4G-enabled JioBook priced at Rs 16,499



Reliance Retail on Monday announced the launch of JioBook in the Indian market, with a price tag of Rs 16,499 making it one of the most affordable 4G-enabled laptops in the country.


The device, touted as “India’s first learning book”, will be available for purchase starting on August 5. Customers can get their hands on the product at Reliance Digital’s online and offline stores, as well as via e-commerce marketplace Amazon.in.


The company had launched a previous version of the JioBook discreetly in October last year, offering it to a select group of buyers. With the new launch, it is planning to target a wider market.


“We are dedicated to introducing innovative products that empower individuals in their learning journey. The all-new JioBook is our latest offering catering to learners of all ages with its advanced features and seamless connectivity options. We believe JioBook will revolutionise the way people learn, opening new opportunities for personal growth and skill development,” said a Reliance Retail spokesperson.


Despite its slim form, weighing just 990 grams, the laptop promises “superb” performance by way of its 2.0 GHz Octa core processor, 4G-LTE and dual-band Wi-Fi capabilities, 4 GB LPDDR4 RAM, 64 GB storage (expandable up to 256 GB with SD card), Infinity keyboard, and a large multi-gesture trackpad.


The device, which runs Jio’s custom Android-based JioOS, also boasts an 11.6 inch (29.46 cm) anti-glare HD display, a battery back-up of eight hours, and in-built USB, HDMI and audio ports.


“Whether attending online classes, learning to code, or exploring new ventures such as starting a yoga studio or delving into online trading, JioBook provides an exceptional platform for all learning endeavours,” the company said in a statement.


The launch of the JioBook comes nearly a month after the Mukesh Ambani-led firm rolled out its 4G-enabled feature phone, the Jio Bharat V2, priced at Rs 999 in a bid to provide digital freedom in the form of high-quality, affordable data to economically weaker sections.


After selling out the initial 1 million units worth Rs 99 crore, the firm is now reportedly scaling up the distribution of the Jio Bharat V2.



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AWS, Accel announce ML Elevate 2023 to support generative AI startups

AWS, Accel announce ML Elevate 2023 to support generative AI startups



Cloud service provider Amazon Web Services (AWS) and venture capital firm Accel have announced ML Elevate 2023, a six-week accelerator programme aimed to empower startups building generative artificial intelligence (AI) applications.


Generative AI applications have captivated developers and enthusiasts alike with their ability to comprehend and generate realistic conversations, stories, images, videos, and music across diverse domains, according to a statement.


ML Elevate aims to support generative AI startups by providing them access to AI models and tools, business and technical mentorship, curated resources, the AWS Activate programme, and up to USD 200,000 in AWS Credits.


Other benefits include peer support from a community of leading AI and ML (Artificial Intelligence and Machine Learning) startup founders and the opportunity to scale production-ready generative AI applications on Amazon SageMaker JumpStart.


Generative AI startups that have already developed a Minimum Viable Product (MVP) and intend to seek funding in next 12-18 months are eligible to apply.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Jul 31 2023 | 8:27 PM IST



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JioBook: Reliance Retail launches new 4G-enabled JioBook priced at Rs 16,499

Reliance launches laptop-like student-focused JioBook at Rs 16,499



Reliance Retail will start selling its new device, JioBook from August 5, 2023, for Rs 16,499. The device has been designed to focus on students. Users can perform tasks like attending online classes, learning to code, and online trading.


The device has a form factor of a small laptop which has a full keyboard attached to it. It weighs only 990 grams and comes with a slim build and matte finish. The device is powered by a 2.0 GHz octa-core processor and comes supported by 4 GB LPDDR4 RAM and 64 GB internal storage which can be expanded up to 256 GB with an SD card. JioBook also has in-built USB/HDMI ports.


Along with that, the JioBook will also have the option to use 100GB of cloud storage. Reliance is offering one year of cloud storage at no extra cost with Digibox which is the digital cloud storage partner of India for the device.


JioBook has a powerful battery that delivers more than eight hours of battery life, the company said. The device comes with an Anti-glare HD Display.


The company said that the device is aimed at empowering individuals in their learning journey. The all-new JioBook caters to students of all age groups.


The device comes with features like 4G-LTE connectivity and dual-band WiFi capabilities. The device has over 75 keyboard-based shortcuts and features like wireless printing, the company said. With a JioBIAN-ready coding environment, the JioBook allows students to learn to code in various languages like C/C++, Java, Python, and Pearl.


JioBook will be available for purchase from Reliance Digital’s online and offline stores along with the e-shopping platform, Amazon.

First Published: Jul 31 2023 | 5:33 PM IST



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Redmi 12 5G launch event to be held tomorrow, here’s all you need to know

Redmi 12 5G launch event to be held tomorrow, here’s all you need to know


Redmi 12 5G launch event will take place tomorrow in Delhi at 12 pm


Xiaomi’s sub-brand Redmi is set to launch an all-new Redmi 12 5G, and Redmi 12 4G, along with other gadgets like Redmi Watch 3 Active, Redmi earphones, and Xiaomi TV X series at its mega launch event in Delhi on August 1. The smartphone brand will begin the launch event at 12:00 pm on Tuesday.


The china-based smartphone maker is expected to unveil its budget-friendly smartphone Redmi 12 5G, at a starting price of Rs 9,999.


The company has created a dedicated landing page for the Redmi 12 5G, where it has shared some information about the device. The low-range smartphone comes with a curved display with a hole punch cutout at the centre and a crystal design with a dual rear camera unit. It is claimed to come with the biggest display on a Redmi Phone.


Redmi 12 5G specification


According to the dedicated landing page, the smartphone comes with a triple camera sensor on the bank paired with an LED sensor. The Redmi smartphone comes with a 50 MP primary camera with film filters. The device is backed with a 5000 mAH battery.


The device is said to have a 6.7-inch FHD+ display with a refresh rat90Hz and 1080 x 2400, powered by Snapdragon 5G processor, which is paired with the Mali-G52 2EEMC2 GPU.


The device is expected to run on Android 13-based MIUI 14 skin out of the box. The operating system is said to have an intuitive and user-friendly interface bringing enhanced privacy features, better performances, and a host of customisation for a tailored user experience.


The smartphone has a 50 MP main camera with 8MP ultra-wide and a 2MP macro sensor camera. The device also has an 8MP selfie camera on the front for selfies and video calls.


Where to watch the Redmi 12 5G launch event?


The mega launch event of Xiaomi’s product will be live-streamed on the company’s social media platforms, including YouTube and Twitter, at 12 pm.


Redmi 12 5G expected price


The Redmi 12 5G is expected to come in two variants. The device will have 6GB RAM with 128 GB storage which may cost around Rs 9,999. While the other variant of 8GB RAM with 256 GB internal story might price at Rs 13,999.

First Published: Jul 31 2023 | 5:20 PM IST



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