Surveillance fears as India concerns new digital IDs in Kashmir | Technological innovation News

University student Mehak is used to regular identification checks by stability forces and officials in Indian-administered Kashmir’s most important town of Srinagar and always carries two varieties of ID. Quickly, she may perhaps need to carry but a further in her purse.

Options for a new spouse and children ID in the disputed Himalayan area have caused confusion and irritation among several inhabitants like Mehak, although rights campaigners panic the programme could direct to elevated surveillance and info hacks.

“Families currently use their ID cards if they want to entry any social welfare programmes. So why is this needed?” mentioned Mehak, 22, who questioned that her very last identify be withheld.

Regional authorities have reported the JK Relatives ID, an 8-digit code assigned to each individual home, would make improvements to accessibility to social welfare added benefits this kind of as subsidised food grains.

It usually means family members will not have to implement for positive aspects below many strategies, as eligibility selections will be automatic centered on the data, claimed Prerna Puri, a commissioner in Indian-administered Kashmir’s data technologies department.

Across India, the federal government is undertaking a broad digitisation push, including well being data, house titles, railway bookings and utility payments, as section of the Electronic India programme aimed at far better governance.

In Indian-administered Kashmir, some see the new spouse and children IDs as portion of a marketing campaign to exert higher management above residents.

The Indian govt led by Primary Minister Narendra Modi withdrew Kashmir’s autonomous status in 2019 and break up the former state into two federal territories, aiming to tighten its grip on the Muslim-greater part area.

Kashmir people are proper to be cautious of the government’s motives, stated Angad Singh Khalsa, an impartial human rights campaigner, as they have been singled out in advance of for larger surveillance on the grounds of countrywide security.

“Even if the federal government intends to supply us with benefits by producing these new IDs, their authoritarian therapy in the direction of the people of Jammu and Kashmir has designed us question their intentions,” he stated.

‘Trust deficit’

Kashmir is claimed in whole but ruled in portion by India and Pakistan, who have fought two wars around the territory.

A crackdown on a well-liked uprising and general public protests towards Indian rule in the area have killed countless numbers of men and women, generally in the 1990s, when the violence peaked.

Since its particular position was revoked, a lot of more civilians, safety personnel and rebels have been killed.

In anticipation of protests immediately after the transfer, the authorities imposed a curfew, minimize the internet for lengthy durations, and tightened protection.

From 2020, the authorities has demanded anyone in Indian-administered Kashmir to implement for domicile certificates that allow for them to vote in area elections, get farmland and homes, and utilize to public universities and for careers.

Many residents, notably Muslims, have not signed up for these certificates, unsure of the ruling Hindu nationalist Bharatiya Janata Party’s

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Apple to bring Chinese suppliers to raise production in India

A amount of Chinese suppliers of Apple Inc. obtained original clearance by Indian governing administration to increase in the country, Bloomberg noted, citing people today common with the matter. The Chinese suppliers, having said that, will need to discover area Indian joint enterprise associates as for each manufacturing rules set in put by New Delhi. Though India is reportedly approving a number of Chinese suppliers, quite a few were rejected, the report explained.

Apple submitted a listing of about 17 suppliers to Indian authorities, and a couple of them were being turned down, at least one particular due to the fact of direct ties to the Chinese govt, one of the individuals common with the make any difference explained to Bloomberg.

The clearance by New Delhi for Chinese suppliers together with household-grown venture companions will aid Apple to diversify its production base away from China.

Who all have been given clearance?

AirPods and Iphone assembler Guangdong-primarily based Luxshare Precision Sector Co. and a unit of Ningbo, China-primarily based Sunny Optical Engineering Team Co. are between the providers getting approval, folks familiar with the subject were quoted as saying by Bloomberg. 

About 14 suppliers are obtaining acceptance from India, right after Apple named them as organizations whose products and services it demands to increase its existence in India, Bloomberg further more quoted the people today as stating. 

Even though the huge majority of Apple products are nevertheless assembled in China, the business has in recent a long time began producing additional of them in India by way of Taiwanese companions.

Apple and other US electronics models are looking for to decrease their reliance on China soon after trade limitations and Covid-similar creation disruptions uncovered the pitfalls of dependence on the nation. 

India’s Key Minister Narendra Modi in his next expression has centered on increasing India’s producing sector, furnishing Production Linked Incentives to mass manufacturers creating their base in India.

Mumbai-centered Tea to plane conglomerate Tata Group, previously supply Apple with components, and India is pushing to increase more community suppliers into the provide chain to improve and diversify its electronics sector. 

India has slice off Chinese corporations from its smartphone economic system after violent clash involving two countries’ troops alongside the Line of True Regulate (LAC) in northernmost India’s japanese Ladakh in June 2020.

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Apple experienced slower headcount progress than tech peers, no layoffs still

An staff cleans a window at Apple Inc.’s new Canton Road keep in the Tsim Sha Tsui district of Hong Kong, China.

Xaume Olleros | Bloomberg | Getty Photos

A lot of of the largest technological innovation providers are laying off employees as fears of a recession rises. But the career cuts appear following a couple of several years of quick growth.

On Wednesday, Microsoft announced it will eliminate 10,000 workers, cutting down its workforce by 5%, and Amazon began conducting layoffs that will eventually slash 18,000 work opportunities.

Microsoft and Amazon are becoming a member of tech market peers together with Alphabet and Meta which have also minimize staff in the latest months.

When every firm is marginally distinctive, most corporations likely by layoffs are blaming macroeconomic conditions and the probability of a foreseeable future recession as the rationale for their belt-tightening.

But an underappreciated component is how fast tech providers ramped up employing in excess of the past two decades.

In 2020, widespread Covid lockdowns built internet purposes additional important to individuals, supercharging company for quite a few tech corporations. As profits and income continued to increase in 2021, they continued to add enormous quantities of staff in the hopes that the results they ended up viewing would come to be a new baseline. It did not work out that way. Development is slowing, and corporations are now obtaining to readjust.

Apple is a key exception: It did not appreciably raise its rate of selecting over the very last two yrs, and also has not announced any layoffs.

A evaluate of SEC filings demonstrates how quickly the other most important tech businesses grew throughout the pandemic.

Microsoft experienced 221,000 whole time workers at the finish of June 2022, the most latest official determine that’s out there. That was a 40,000 worker soar from the identical time in 2021, a 22% percent raise in workers. The year prior to that, Microsoft additional 18,000 personnel, an 11% boost.

In a take note about Microsoft layoffs, Wedbush analyst Dan Ives stated that the tech sector had to spend dollars all through the pandemic to maintain up with elevated demand from customers.

“Redmond required to aggressively employ alongside with the rest of the tech sector and invest funds like 1980’s Rock Stars to keep pace with eye-popping desire,” Ives wrote in a Wednesday observe.

Amazon is more challenging than Microsoft due to the fact it has a enormous hourly workforce for its warehouses, as effectively as the company business personnel witnessed in most tech companies.

Continue to, Amazon grew voraciously in 2021, including 310,000 employment. That adopted an even more substantial expansion in 2020, when it grew in excess of 38% and additional 50 percent a million workers.

In general, Amazon described 1.6 million staff members as of the conclude of December 2021, of which about 300,000 have company careers.

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An Amazon govt claimed that its Covid-period enlargement was just one reason

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New technological know-how has harm pupils, must be restricted in lecture rooms, educator claims

Adding additional engineering to lecture rooms has harm college students additional than served them, a former teacher stated amid speculation about the outcomes artificial intelligence will have on training. 

“We introduce a great deal of technological know-how in the school rooms to correct complications that we see, and inevitably we end up producing far more challenges with the option,” Peter Laffin, the founder of Crush the Higher education Essay and a creating mentor, informed Fox Information. “Generally the treatment is worse than the illness.”

EDUCATOR Explains HOW Technological know-how May well Hurt Education and learning: Look at Below

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Final 7 days, tech company OpenAI unveiled an AI chatbot, ChatGPT, which has stunned users with its advanced features like making university essays for any grade stage, answering open-ended analytical inquiries and crafting jokes, poems and even computer system code. The world wide web is swirling with predictions about the implications of this advanced technological know-how, but at the forefront of Laffin’s issue is the impact it will have on instruction.

“I individually think that we must be proscribing all sorts of technological resources, and this one particular I assume for a really unique reason,” stated Laffin, who was an English instructor of above 10 years. “We want to make certain that we’re teaching youngsters, not just the subject but also values.”

A mock essay prompt inputted into OpenAI’s ChatGPT reveals student’s as younger as middle college age can get gain of this new know-how.
(OpenAI)

Authorities React TO US MATH, Looking through SCORES DIPPING FOR College students Right after COVID-19: ‘DISMAL’

Laffin fears the skill of college students to use AI to finish assignments will further more effects an already struggling U.S. schooling system.

Pandemic-linked remote schooling took a toll learners across the U.S., with 2022 nationwide exam scores exhibiting the major lessen ever in math scores, even though looking through scores dropped to the lowest levels since 1992 for fourth and eighth graders, in accordance to the Nation’s Report Card. 

Previous English trainer Peter Laffin mentioned far more technological innovation in lecture rooms finishes up triggering far more challenges than it allows. 
(Photograph illustration)

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“We introduced a whole lot of technological know-how to training to make our lives simpler. We have been doing that steadily for 20 decades,” Laffin explained. “I think educators would do nicely to talk to them selves, ‘how did any of this profit us? Are our youngsters much more educated now that there is an iPad for every university student in every classroom?’”

“If we can’t say that is been a net favourable, why on earth would we encourage the use of these technologies heading ahead?” he added. 

To observe Laffin’s comprehensive interview, click on right here. 

Ramiro Vargas contributed to this report.

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Amazon get rid of half its worth in 2022 as tech stocks obtained crushed

An Amazon driver hundreds packages into a delivery van at an Amazon shipping and delivery station on November 28, 2022 in Alpharetta, Ga.

Justin Sullivan | Getty Pictures

It was a brutal calendar year for mega-cap tech shares throughout the board. But 2022 was especially tough for Amazon.

Shares of the e-retailer are wrapping up their worst 12 months due to the fact the dot-com crash. The inventory has tumbled 51% in 2022, marking the most important drop because 2000, when it plunged 80%. Only Tesla, down 68%, and Meta, off 66%, have experienced a worse yr amid the most beneficial tech corporations.

Amazon’s current market cap has shrunk to about $834 billion from $1.7 trillion to begin the year. The company fell out of the trillion-greenback club previous month.

Much of Amazon’s misfortunes are tied to the economic climate and macro environment. Soaring inflation and rising interest prices have pushed investors away from advancement and into businesses with higher earnings margins, steady money stream and superior dividend yields.

But Amazon investors have experienced other causes to exit the inventory. The enterprise is contending with slowing sales, as predictions of a sustained post-Covid e-commerce growth did not pan out. At the height of the pandemic, consumers arrived to rely on on line suppliers like Amazon for goods ranging from bathroom paper and deal with masks to patio home furniture. That drove Amazon’s stock to record highs as product sales soared.

As the financial state reopened, shoppers gradually returned to procuring in stores and paying on things like journey and dining establishments, which triggered Amazon’s impressive profits progress to fade. The scenario only worsened at the commence of this yr, as the firm confronted higher charges tied to inflation, the war in Ukraine and provide chain constraints.

Amazon CEO Andy Jassy, who succeeded founder Jeff Bezos at the helm in July 2021, admitted that the firm employed as well lots of workers and overbuilt its warehouse community as it raced to maintain up with pandemic-era demand from customers. It is given that paused or deserted options to open up some new amenities, and its head depend shrank in the 2nd quarter.

Amazon’s 2022 fall vs. Tesla and Meta

Jassy has also embarked on a broad-ranging review of the firm’s charges, ensuing in some programs currently being shuttered and a using the services of freeze across its corporate workforce. Last thirty day period, Amazon started earning what is actually expected to be the biggest company occupation cuts in its history, aiming to lay off as several as 10,000 staff members.

Even Amazon’s cloud computing segment, commonly a refuge for investors, recorded its weakest revenue advancement to day in the 3rd quarter.

On the lookout to 2023, many analysts have minimized their estimates, citing persistent macro headwinds and ongoing softness in on-line retail and cloud computing.

Evercore ISI analyst Mark Mahaney, in a Dec. 18 take note, reduced his 2023

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Tech IPO market collapsed in 2022; next year doesn’t look much better

The Nasdaq MarketSite in New York.

Michael Nagle | Bloomberg | Getty Images

Following a record-smashing tech IPO year in 2021 that featured the debuts of electric car maker Rivian, restaurant software company Toast, cloud software vendors GitLab and HashiCorp and stock-trading app Robinhood, 2022 has been a complete dud.

The only notable tech offering in the U.S. this year was Intel’s spinoff of Mobileye, a 23-year-old company that makes technology for self-driving cars and was publicly traded until its acquisition in 2017. Mobileye raised just under $1 billion, and no other U.S. tech IPO pulled in even $100 million, according to FactSet.

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In 2021, by contrast, there were at least 10 tech IPOs in the U.S. that raised $1 billion or more, and that doesn’t account for the direct listings of Roblox, Coinbase and Squarespace, which were so well-capitalized they didn’t need to bring in outside cash.

The narrative completely flipped when the calendar turned, with investors bailing on risk and the promise of future growth, in favor of profitable businesses with balance sheets deemed strong enough to weather an economic downturn and sustained higher interest rates. Pre-IPO companies altered their plans after seeing their public market peers plunge by 50%, 60%, and in some cases, more than 90% from last year’s highs.

In total, IPO deal proceeds plummeted 94% in 2022 — from $155.8 billion to $8.6 billion — according to Ernst & Young’s IPO report published in mid-December. As of the report’s publication date, the fourth quarter was on pace to be the weakest of the year.

With the Nasdaq Composite headed for its steepest annual slump since 2008 and its first back-to-back years underperforming the S&P 500 since 2006-2007, tech investors are looking for signs of a bottom.

But David Trainer, CEO of stock research firm New Constructs, says investors first need to get a grip on reality and get back to valuing emerging tech companies based on fundamentals and not far-out promises.

As tech IPOs were flying in 2020 and 2021, Trainer was waving the warning flag, putting out detailed reports on software, e-commerce and tech-adjacent companies that were taking their sky-high private market valuations to the public markets. Trainer’s calls appeared comically bearish when the market was soaring, but many of his picks look prescient today, with Robinhood, Rivian and Sweetgreen each down at least 85% from their highs last year.

“Until we see a persistent return to intelligent capital allocation as the primary driver of investment decisions, I think the IPO market will struggle,” Trainer said in an email. “Once investors focus on fundamentals again, I think the markets can get back to doing what they are supposed to do: support intelligent allocation of capital.”

Lynn Martin, president of the New York Stock Exchange, told CNBC’s “Squawk on the Street” last week that she’s “optimistic about 2023” because the “backlog has never been stronger,” and that activity will pick up once

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