Tech updates for 1st week of October 2022

Tech updates for 1st week of October 2022

Latest trending news about the Gati Shakti, Apple, Facebook, Google Chrome and Bitcoin news.

India has a $1.2 trillion one-stop solution plan to snatch factories from China.

Gati Shakti, which means "speed strength" in Hindi, is a 100-trillion-rupee ($1.2 trillion) megaproject designed to unclog India's infrastructural bottlenecks. Half of all infrastructure projects are delayed, and one in every four goes over budget. The Modi administration is developing a digital platform that will integrate 16 ministries. The platform will provide investors and businesses with a one-stop shop for project design. Project acceleration will provide India with an advantage, especially as China remains mostly isolated from the outside world.

The government would use technology under Gati Shakti to ensure that a newly constructed road is not dug up again. The concept envisions infrastructure development along the lines of what Europe did after the Second World War or what China did between 1980 and 2010. "Choosing India as a manufacturing site will be a sought-after decision for any manufacturer."

iPhone Users in India Will Be Able to Access Airtel's 5G Services Soon: Report

According to Airtel's Chief Technology Officer, Randeep Sekhon, the company has established networks for Apple iPhone users. Airtel is currently offering 5G services in eight cities, including Delhi, Mumbai, Varanasi, and Bangalore.

Apple is currently testing 5G services in India, and iPhone users will soon be able to connect to Airtel's 5G networks. According to Sekhon, Airtel would not send an over-the-air (OTA) update to make 5G work on devices. To activate 5G, the mobile phone manufacturer must instead provide a software upgrade.

Currently, iPhone models in India are unable to connect to the 5G network. According to Apple, iPhone 12 models or later are compatible with the 5G cellular networks of certain carriers. Access to 5G could be unlocked via an over-the-air (OTA) update.

Facebook may quietly sack 12,000 employees, 15% of its workforce: report

As global headwinds and falling ad spending pose serious problems for big tech firms, Meta Platforms is conducting "quiet layoffs" at Facebook to lower its headcount.

Executives across the company were informed that at least 15% of their teams should be labelled as "needs support" in the internal review process. This selected reorganisation suggests that around 15% of the workforce, or approximately 12,000 employees, may be laid off. "This 15% will certainly be put on PIP (performance improvement plan) and let go,"

The decision by Facebook's parent company follows similar actions by other tech giants such as Apple, Microsoft, and Google. To save expenses and maintain operating margins, these companies have frozen recruiting or begun issuing pink slips to employees.

Google Chrome termed ‘most-risky’ browser of 2022: here’s why

The numbers in this study are based on information from the vulnerability database (VulDB). This database aggregated data from January 1 to October 5 and revealed that Google Chrome has already encountered 303 vulnerabilities throughout this 10-month period. Meanwhile, the browser has encountered a total of 3,159 vulnerabilities over its existence.

According to the research, Google Chrome is the only browser that has already been vulnerable to newly discovered vulnerabilities this month. CVE-2022-3318, CVE-2022-3314, CVE-2022-3311, CVE-2022-3309, and CVE-2022-3307 are the new security flaws. According to the study, each of these vulnerabilities has the potential to damage a device's memory. However, these issues may be resolved by updating the Chrome browser to version 106.0.5249.61.

Bitcoin Retains $20,000 Value As New Economic Factors Begin Affecting Risk Assets.

Bitcoin and the broader cryptocurrency market traded flat for most of Thursday but maintained the momentum we've seen in recent days as whales continued reaccumulating BTC in anticipation of a bullish run. Bitcoin's value has risen by 1.4 percent in the previous 24 hours, with its price presently hovering around the $20,350 level on worldwide exchanges, while Indian platforms such as CoinDCX value BTC at $20,998, nearly comparable to where it was on early Wednesday.

Bitcoin is currently trading at $20,363 (about Rs. 16.62 lakh) on worldwide exchanges such as CoinMarketCap, Coinbase, and Binance, while CoinGecko statistics reveals that BTC is now 4.4 percent higher than it was last Thursday.


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