Debangana Ghosh / Moneycontrol:
India’s top five IT services companies, including Infosys and Wipro, collectively saw a decline of 69,167 employees in FY 2024; HCLTech added 1,537 employees — Four out of the five top IT companies including TCS, Infosys, Wipro and Tech Mahindra lost employees both sequentially in Q4 and full year FY24.
Meta, Alphabet, and Snap beat analysts’ estimates in their Q1 results, showing acceleration in advertising growth after struggling to rebound from a dismal 2022 (Ashley Capoot/CNBC)
Ashley Capoot / CNBC:
Meta, Alphabet, and Snap beat analysts’ estimates in their Q1 results, showing acceleration in advertising growth after struggling to rebound from a dismal 2022 — A view of Google Headquarters in Mountain View, California, United States on March 23, 2024. — Advertising is so back.
TikTok users with stigmatized interests or marginalized identities express anxiety over its potential ban, as rebuilding their communities elsewhere may be hard (Washington Post)
Washington Post:
TikTok users with stigmatized interests or marginalized identities express anxiety over its potential ban, as rebuilding their communities elsewhere may be hard — President Biden signed legislation Wednesday that could ban TikTok, leaving users in the United States who have spent years building …
The IRS says it spent $10.5M to develop and $2.4M to run its free tax filing website, used by 140K+ households in 12 states, and claims high user satisfaction (Julie Zauzmer Weil/Washington Post)
Julie Zauzmer Weil / Washington Post:
The IRS says it spent $10.5M to develop and $2.4M to run its free tax filing website, used by 140K+ households in 12 states, and claims high user satisfaction — In its first year, more than 140,000 households in 12 states did their taxes with Direct File — The Biden administration …
EyeEm, the bankrupt photo sharing network acquired by Freepik last year, will license users’ photos to train AI if the images are not deleted within 30 days (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch:
EyeEm, the bankrupt photo sharing network acquired by Freepik last year, will license users’ photos to train AI if the images are not deleted within 30 days — EyeEm, the Berlin-based photo-sharing community that exited last year to Spanish company Freepik after going bankrupt, is now licensing its users’ photos to train AI models.
Mastodon forms a new US non-profit, to receive tax-deductible US donations and in-kind support, with Twitter co-founder Biz Stone and others on its board (Eugen Rochko/Mastodon Blog)
Eugen Rochko / Mastodon Blog:
Mastodon forms a new US non-profit, to receive tax-deductible US donations and in-kind support, with Twitter co-founder Biz Stone and others on its board — As part of our commitment to supporting the growth and operational capabilities of Mastodon, we have established a 501(c)(3) …
Microsoft, Meta, and Alphabet disclosed that they had spent $32B+ combined on data centers and other capital expenses in Q1, as they accelerate AI spending (Karen Weise/New York Times)
Karen Weise / New York Times:
Microsoft, Meta, and Alphabet disclosed that they had spent $32B+ combined on data centers and other capital expenses in Q1, as they accelerate AI spending — The spending that the industry’s giants expect artificial intelligence to require is starting to come into focus — and it is jarringly large.
Trump is using the prospect of a TikTok ban to court younger voters, blaming Biden for setting a ban in motion, as the new law rattles pro-Biden TikTok creators (Akayla Gardner/Bloomberg)
Akayla Gardner / Bloomberg:
Trump is using the prospect of a TikTok ban to court younger voters, blaming Biden for setting a ban in motion, as the new law rattles pro-Biden TikTok creators — Biden’s campaign is making an unprecedented effort to court influencers, even though he signed a bill that could lead to TikTok vanishing in the US.
A look at the rise in video podcasts, as YouTube leads in podcast consumption in the US and companies invest in video to gain new audiences and boost ad revenue (Reggie Ugwu/New York Times)
Reggie Ugwu / New York Times:
A look at the rise in video podcasts, as YouTube leads in podcast consumption in the US and companies invest in video to gain new audiences and boost ad revenue — To some, “video podcasts” are a contradiction in terms. That hasn’t made them any less popular.
Google and Apple use passkeys to capture users by locking credentials into their platforms and have made the UX of passkeys worse than that of password managers (William Brown/Firstyear’s blog-a-log)
William Brown / Firstyear’s blog-a-log:
Google and Apple use passkeys to capture users by locking credentials into their platforms and have made the UX of passkeys worse than that of password managers — At around 11pm last night my partner went to change our lounge room lights with our home light control system.
