Amazon employees at seven locations in New York, Georgia, California, and Illinois went on strike to advocate for improved benefits, excellent pay, and safer working conditions. Teamsters union members organized the walkout to pressure Amazon into engaging in negotiations and prevent interruptions during the busiest time of year for holiday shopping. Previously, the union had given Amazon until Sunday to agree to contract negotiations.
According to a survey, up to 78% of Indian SMBs who use artificial intelligence (AI) have seen an increase in sales. Salesforce's sixth edition of its 'Small & Medium Business Trends' report, which polled 3,350 SMB executives in 26 countries, revealed an increasing trend of SMBs implementing AI technologies to improve operations and boost profits. 93% of Indian SMBs polled for the report claimed AI had increased their revenue.
Apple has dominated the smartwatch market for many years and is regarded as the industry standard. However, Huawei has emerged as the new leader. In the first nine months of 2024, Huawei surpassed Apple in wrist-worn gadget shipments, including fitness bands and smartwatches. Although Apple continues to dominate the worldwide smartwatch market, the distance is closing. According to critics, Apple must introduce novel concepts and designs to maintain its lead.
NVIDIA's Jetson Orin Nano Super Developer Kit delivers 67 TOPS of AI performance in a compact, $249 package. Ideal for edge computing, it powers real-time applications like robotics and generative AI while reducing infrastructure needs. With NVIDIA AI software support, it redefines accessibility for developers, enabling smarter, efficient solutions in industries like healthcare, manufacturing, and smart cities.
The twin Burdwan districts have recorded MSME investment proposals worth ₹4,650 crore, expected to reach ₹10,000 crore. Over 1,19,703 MSME units are registered, with East Burdwan leading at 69,656 units. New industrial parks in East & West Burdwan, including the ₹75.38 crore Durgapur Industrial Park Phase II and a ₹14.51 crore Salanpur project, promise advanced infrastructure and increased employment.
Small business optimism surged post-election, with 36% expecting economic improvement, despite inflation remaining a top concern. Regulatory compliance costs challenge 51% of owners, impacting growth. Q4 reports show 67% are confident in their business health, while 72% are comfortable with cash flow. Key industries like manufacturing and IT lead revenue and funding, reflecting evolving small business dynamics.
In a recent all-hands meeting, Google CEO Sundar Pichai shared updates about the company's ongoing efforts to improve efficiency. The tech giant has reduced its management positions by 10%. This restructuring has taken place over the past two years as part of Google's broader strategy to streamline operations and remain competitive in an increasingly fast-paced tech landscape. The move is part of Google’s broader push to improve efficiency, a campaign that began in September 2022.
OpenAI made a big announcement for its users in the US and Canada—that they would now be able to talk to ChatGPT even on flip phones and fixed landline phones by dialing 1-800-CHATGPT for up to 15 minutes per month. Users can ask personal queries, and ChatGPT can also help you learn about new phrases in different languages. Users in other countries can now access ChatGPT directly from WhatsApp by texting the phone number 1-800-242-8478.
As expected, Sebi has tightened the regulations governing Initial Public Offerings (IPOs) for SMEs. In its board meeting on Wednesday, the capital market regulator introduced profitability requirements as well as put a cap on shares to be sold through the offer for sale (OFS) route. SMEs will now be required to have an operating profit of at least `1 crore for two out of the last three financial years before filing their DRHP.
The Small Business Check Up Survey Q4 2024 released by the SBE Council reveals how small businesses fared in 2023, which was mixed according to profitability readings for the year. Half (50%) of small business owners say their firms will turn a profit for the year; 71% hold a bleak view about future economic conditions. Their top concerns have remained consistent over the past three quarterly check-up surveys, with inflation topping the list