Saturday, May 9, 2020

Microsoft starts rolling out a new Reply All Storm Protection feature to Office 365 customers that lets IT staff detect and stop Reply-All email storms (Catalin Cimpanu/ZDNet)

Catalin Cimpanu / ZDNet:
Microsoft starts rolling out a new Reply All Storm Protection feature to Office 365 customers that lets IT staff detect and stop Reply-All email storms  —  Redmond adds protection against massive “Reply-All” email storms after suffering two internal incidents in 2019 and 2020.



17 plans from Airtel, Vodafone-Idea and Reliance Jio that offer 2GB/3GB data per day

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Realme Narzo 10, Narzo 10A Launching on May 11: What We Know So Far

Realme Narzo 10 and Realme Narzo 10A are finally going to be launched on Monday in the country. Owing to the COVID-19 outbreak, the two upcoming Realme phones that were originally supposed to be... https://ift.tt/35N52HI

Mi 10 5G vs Samsung Galaxy S20: What's Different?

Mi 10 5G by Xiaomi has finally made its debut in India. The Xiaomi Mi 10 5G comes in two storage models and is offered in two colour options. Additionally, the phone packs the Qualcomm Snapdragon 865... https://ift.tt/3bjQpws

China-based AI chipmaker Enflame raises $98.6M Series B led by Summitview Capital, with Tencent and others participating (Yupu Li/Pandaily)

Yupu Li / Pandaily:
China-based AI chipmaker Enflame raises $98.6M Series B led by Summitview Capital, with Tencent and others participating  —  China's cloud artificial intelligence-training platform Enflame Technology, backed by Tencent, raised RMB 700 million ($98.6 million) in Series B funding led …



Treasury Prime, which is developing APIs to help banks automate and accelerate certain routine business processes, raises $9M Series A (Alex Wilhelm/TechCrunch)

Alex Wilhelm / TechCrunch:
Treasury Prime, which is developing APIs to help banks automate and accelerate certain routine business processes, raises $9M Series A  —  Treasury Prime, a startup that built software tooling to help banks automate and accelerate routine tasks, announced today that it has closed a $9 million Series …



Friday, May 8, 2020

Facebook finally gets a Dark Mode for the desktop version of the app

It looks like Facebook has finally given users what they’ve been asking for. The social media giant has now rolled out Dark Mode for the desktop version of of the app. Over the years, Dark Mode has been a staple in most mobile apps including Reddit, Youtube and more. But it looks like companies are now rolling out Dark Mode for desktop apps as well. In a statement, Facebook said, “The new immersive layout along with Dark Mode makes viewing videos on Watch a great experience.”

The feature has also been implemented on Facebook Messenger and WhatsApp as well. Dark Mode on the desktop app also changes the look of the app with more streamlined navigation. It features a thinner News Feed and clearer text that is much easier on the eyes. You can check out the image below for a preview of what Dark Mode will look like on your desktop. There is no update on the mobile version of the app yet. 

Here is how you can enable Dark Mode on your desktop app.

Sign in to Facebook normally Click on the arrow on the end of the menu bar next to Help button  Click on the ‘Switch to New Facebook’  option Select Dark Mode in the pop-up message  You can also switch back to normal mode by selecting ‘Switch to Classic Facebook’

In other Facebook-related news, the company has recently invested $5.7 billion in Reliance Jio Platforms. You can read more about that story here. The company also just releases a new video calling app called Messenger Rooms. You can read more about that story, here. Facebook is also looking to take on apps like Twitch with the release of Facebook Gaming. You can read more about that here. 

 

 

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Saudi, US firms eye stakes in Reliance Jio: Report

Two more firms are eyeing a share of Reliance Industries Ltd's $65-billion digital unit Jio Platforms, according to Bloomberg News, setting them up to be a part of a growing list of firms that have recently invested in the Indian company. https://ift.tt/35LbbEi

What recruiters are saying about the tech job market right now

Given the endless drumbeat of layoff announcements — with deep cuts by Airbnb and Uber garnering much of the industry’s attention this week — it’s reasonable to wonder: what happens to all of the talent that’s being laid off? How does the changing supply and demand balance impact pay? Is anyone safe in this market?

Because the questions are top of mind for practically everyone everywhere right now, we reached out to recruiters in the one industry that we know — tech — to ask what they are seeing and what they predict will happen over the next three to six months. Unsurprisingly, they told us they’ve seen a steep drop-off in job searches and loads of salary cuts, but they also say there are silver linings in these turbulent times.

First the bad news, and for the moment, it’s mostly bad news.

Sales and marketing positions — particularly at consumer-facing startups — have been hard hit, and they aren’t coming back any time soon, possibly not even in 2020. Carolyn Betts, the founder of the national recruiting firm Betts Recruiting says when the “coronavirus hit and shelter-in-place notices came out, we saw 80% of our business freeze. And then it went down from there.”

Betts’s bootstrapped recruiting company — which fills sales, marketing and people operations roles — was forced to conduct its own layoffs because of the lost business, shedding 30 percent of its staff and cutting remaining employees’ pay by 20%, although though Betts says a PPP loan has allowed the company to adjust pay upward again by 10%.

In the meantime, she has had a front row to the nearly overnight switch from an employee market where rising salaries and signing bonuses had become routine, to an employer-driven market where candidates get what they get. “There’s so much talent in the market that there are backup candidates for backup candidates.” Indeed, her advice to job candidates right now is to recognize the game has changed and that if pushed, the hiring company might “just move on to the next candidate. Everyone is going to hire within their budgets right now, and they aren’t going to make exceptions for the most part.”

Executive searches are also, predictably, largely frozen right now. So suggests Teri McFadden, a VP of recruiting at the venture firm Norwest Venture Partners, where for nearly 12 years she has helped the firm’s portfolio companies fill key positions.

Before COVID-19 struck the U.S., the firm was staring at roughly “160 open active executive level searches in our portfolio — clearly more than my team at Norwest could handle,” says McFadden. (Like most venture firms, Norwest sometimes retains outside search firms.) Now, that number has fallen by more than half. Some, she says, are “full cancellations,” while “other people are just putting searches on pause to see what happens in the next couple of quarters.”

In the meantime, certain roles have been harder hit than others, says McFadden, who specifically cites marketing groups. She also notes that executive pay at companies that have been impacted most negatively by the coronavirus are coming down, an observation the public has seen play out in company announcement after company announcement in recent weeks. Generally speaking, she suggests, C-suite executives take a 20% reduction in salary while the next level of management takes a 10% pay cut and “anyone below a certain salary level” sees no pay cut. But it varies from company to company.

Even engineers in today’s climate aren’t being spared, suggests Sam Wholley, a longtime partner with the Silicon Valley recruitment firm Riviera Partners, which specializes in engineering, product and design leadership. While new jobs are paying roughly what they did two months ago, both Wholley and McFadden expect the market to soften in the coming months, with pay dropping 10 to 20 percent. (Wholley says pay for engineers was trending this way even before the virus sent everyone running for cover.)

A bigger problem is simple demand and supply. For the first time in more than a decade, the supply of engineering talent may exceed the need for it — or, at least, the ability to pay for it. Asked, for example, whether the younger companies continuing to receive funded might be able to absorb the engineers who’ve been let go by bigger companies, Wholley says that, “unfortunately, I don’t think so, and I don’t think it will be that for a while.” While new companies are always being created, he continues, “It could be up to a year to find that right match.” It might also mean “looking in a different industry or possibly a different geography than they have” looked in the past.

But wait! As promised, the news is not all terrible.

Because much of the tech sector is holding up better than elsewhere, there is still some movement on the hiring front. For her part, Betts says she’s beginning to see companies “up level” their teams, meaning parting ways with “bottom performers and replacing them with talent that has entered the market.” This is particularly the case with industries that “sell into the government, in security, that sell collaboration software, and in healthcare,” she observes.

Betts also notes that some customers in places like Texas where people are re-entering public spaces are “opening up” and starting to strategize about who they want to hire or re-hire.

“A lot of people have received some relief regarding their growth plans,” says Betts, “but it’s May. When things get back [to a more normal state of affairs], [management teams] will be expected to put their foot on the gas to make up for lost time, and no one wants to be caught flat-footed. If you start hiring when everyone says ‘go,’ you missed your head start.”

McFadden and Wholly echoes the point, with Wholley saying that “strong hands are continuing to hire and McFadden offering separately that Norwest is seeing two categories of companies that are “poised to do well long term,” including those focused right now on product development and who have fewer mouths to feed and others that are finding even more demand for their products right now for one reason or another, like software tools made expressly for remote teams and even direct-to-consumer hair colorant companies.

“I think in general,” says McFadden, “companies are beginning to think about what does life look like after COVID-19, and it’s not all doom and gloom.”

Apple to Reopen Some Stores in the US Next Week

Apple on Friday said it will begin gradually reopening its retail shops in the US next week, taking pandemic precautions such as making sure everyone in them wears masks. https://ift.tt/3bdSpGR

Lime's new CEO Wayne Ting, who replaces co-founder Brad Bao, talks about Uber-led $170M investment, consolidating assets from Jump, and weathering the pandemic (Biz Carson/Protocol)

Biz Carson / Protocol:
Lime's new CEO Wayne Ting, who replaces co-founder Brad Bao, talks about Uber-led $170M investment, consolidating assets from Jump, and weathering the pandemic  —  The funding deal announced Thursday “reaffirms that not only Uber but major investors believe in this industry and believe in Lime,” Wayne Ting said.



8 Labs approved for testing PPE Coveralls in India

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Google, Facebook Extend Work-From-Home Plans

Google and Facebook have told most employees to keep working from home for the rest of the year as part of a response by the tech giants to the deadly coronavirus pandemic. https://ift.tt/2LfCCNc

SJM's Ashwani Mahajan raises concern over foreign funded e-pharmacies

Mahajan had shared screenshots that said Aarogya Setu now brings to you online medical consultations, home lab tests and e-pharmacy. https://ift.tt/3fyi3cF https://ift.tt/eA8V8J

US Rule May Allow Huawei and US Firms to Work Together on 5G Standards

The US Department of Commerce is close to signing off on a new rule that would allow US companies to work with China's Huawei Technologies on setting standards for next generation 5G networks, people... https://ift.tt/3beXbUw

Airbnb launches a pilot in NYC, LA, and other cities that lets users to select from a range of boutique hotels alongside private homes in a bid to boost growth (Stephanie Stacey/Financial Times)

Stephanie Stacey / Financial Times : Airbnb launches a pilot in NYC, LA, and other cities that lets users to select from a range of bouti...