Indian IT sector may lose 22 lakh employees by 2025, here's why

The attrition rate in the IT-BPM sector in India is reaching gigantic proportions and up to 22 lakh IT professionals are likely to quit their jobs by 2025, a report has said. https://ift.tt/hfNR5QU

ED seizes Rs 5,551 crore deposits of Chinese mobile company Xiaomi for FEMA violation

The competent authority under the Foreign Exchange Management Act (FEMA) has approved an order of seizure of over Rs 5,551 crore worth of deposits of Chinese mobile phone manufacturer Xiaomi, the highest amount frozen till date in India, the ED said Friday. The Enforcement Directorate (ED) had issued the order of seizure on April 29 under the FEMA and later sent it for approval of the competent authority, as required under the law that regulates foreign exchange violations in the country. https://ift.tt/g1hnp0v

Microsoft confirms two zero-day vulnerabilities in Exchange Server 2013, 2016, and 2019 are being exploited; one researcher suspects a Chinese threat actor (Sergiu Gatlan/BleepingComputer)

Sergiu Gatlan / BleepingComputer:
Microsoft confirms two zero-day vulnerabilities in Exchange Server 2013, 2016, and 2019 are being exploited; one researcher suspects a Chinese threat actor  —  Microsoft has confirmed that two recently reported zero-day vulnerabilities in Microsoft Exchange Server 2013, 2016, and 2019 are being exploited in the wild.

In a closely watched case, a UK coroner rules 14-year-old Molly Russell died by suicide after consuming extensive self-harm material on Instagram and Pinterest (Dan Milmo/The Guardian)

Dan Milmo / The Guardian:
In a closely watched case, a UK coroner rules 14-year-old Molly Russell died by suicide after consuming extensive self-harm material on Instagram and Pinterest  —  Inquest told 14-year-old took her own life while suffering from depression and had interacted with harmful social media content

Amazon rolls out its QVC-style livestream service Amazon Live in India, running ~15 per day hosted by 150+ creators from 10am-1am, covering electronics and more (TechCrunch)

TechCrunch:
Amazon rolls out its QVC-style livestream service Amazon Live in India, running ~15 per day hosted by 150+ creators from 10am-1am, covering electronics and more  —  Amazon has launched a QVC-style livestream shopping in India, the company said Friday, broadening its offerings in the key overseas market …

Bloomberg Intelligence: Apple moving just 10% of its production capacity out of China, where ~98% of iPhones are made, would take around eight years (Bloomberg)

Bloomberg:
Bloomberg Intelligence: Apple moving just 10% of its production capacity out of China, where ~98% of iPhones are made, would take around eight years  —  Supply Lines is a daily newsletter that tracks Covid-19's impact on trade.  Sign up here, and  —  American companies have had a growing list …

Amazon Great Indian Festival sale: Gadgets from Sony, HP, JBL and others you can buy under Rs 999

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Internal Palantir documents detail a plan to deepen its ties to the UK's NHS by buying up smaller rivals, helping avoid scrutiny and increase health data (Olivia Solon/Bloomberg)

Olivia Solon / Bloomberg:
Internal Palantir documents detail a plan to deepen its ties to the UK's NHS by buying up smaller rivals, helping avoid scrutiny and increase health data  —  Palantir Technologies had a secret plan to deepen its relationship with the UK's National Health Service without public scrutiny.

Amazon Festival sale: Minimum Rs 20,000 discount on gaming laptops from Dell, HP, Asus, Lenovo and others

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An Apple support document and compliance page reference an "iPhone 14 Max", suggesting Apple chose the iPhone 14 Plus name at short notice (Sami Fathi/MacRumors)

Sami Fathi / MacRumors:
An Apple support document and compliance page reference an “iPhone 14 Max”, suggesting Apple chose the iPhone 14 Plus name at short notice  —  Newly discovered references to the iPhone 14 Plus as “iPhone 14 Max” on Apple's website suggest this was the name originally intended …

Redmi Pad to launch on October 4 in India

The company took to Twitter to confirm the launch date of the upcoming Redmi Pad. The tablet will be launched on October 4 at 12 noon. As of now, the company has not disclosed the price of the Redmi Pad. https://ift.tt/b7uXgUj

A look at Botometer, which claims to identify the likelihood that a Twitter account is a bot and has been cited by Elon Musk's lawyers in the Twitter lawsuit (Morgan Meaker/Wired)

Morgan Meaker / Wired:
A look at Botometer, which claims to identify the likelihood that a Twitter account is a bot and has been cited by Elon Musk's lawyers in the Twitter lawsuit  —  In the battle over Twitter's future, the number of bots on the platform is a key issue.  Problem is, nobody knows how to count them.

How to recover your hacked Instagram account: A step-by-step guide

There are multiple ways on the website or in the app to secure your account if it has been hacked or taken over by someone else. Some of these recovery procedures might not be available for you depending on the type of account (Private, Public, or Business) you're attempting to recover. However, it is advised by the company to try them all. Here’s a step-by-step guide to help you recover your Instagram account. https://ift.tt/KcLlnbN

The US' candidate to lead the UN's International Telecommunication Union, which sets global tech and telecom standards, beat Russia's by 139 to 25 votes (Clothilde Goujard/Politico)

Clothilde Goujard / Politico:
The US' candidate to lead the UN's International Telecommunication Union, which sets global tech and telecom standards, beat Russia's by 139 to 25 votes  —  BUCHAREST — A top U.S. official won a massive majority to lead the United Nations agency that sets global standards for telecoms and tech infrastructure.

South Korea aims to garner 12 percent of world's EV market by 2030

South Korea seeks to significantly boost production of electric vehicles to more than double domestic carmakers' global market share to 12 per cent by 2030 and to be a global car industry powerhouse, the industry ministry said on Wednesday. https://ift.tt/tFDuW8T