Working at a startup means crazy working hours, uncertainty, and dealing with a lot of complexity, but at least you will get paid well for it. According to the 20th edition of the Aon Hewitt annual Salary Increase Survey 2015-16, early stage companies and startups will offer the highest salary increase of 15.6 per cent during 2016.
Eminent computer scientist Moshe Vardi predicts that within 30 years, robots will be capable of doing almost any job that a human can. This would threaten over half the world’s population out of jobs. This would be possible due to advances in artificial intelligence (AI) and related technologies.
A recent study by US researchers has found that computer code written by women tends to be rated more highly than that written by men. However, women’s work is more highly-approved if their gender is not mentioned, the study suggested.
The future is well and truly here. EpiBone, a US-based startup, is grow human bones. Recovery in bone fractures is a slow and painful process, and bone grafts from another body run the risk of rejection or disease. EpiBone attempts growing personalised bones in the lab using the patient’s own cells.
E-commerce startup Moglix has announced investment from eminent industrialist Ratan Tata in its venture. The amount has not been disclosed. The NOIDA-based Moglix deals with B2B procurement and supply of industrial products such as power tools, hand tools, adhesives and electrical equipment across several countries.
A G Krishnamurthy, founder of two top brands, Mudra Communications and MICA (formerly Mudra Institute of Communication Ahmedabad) is no more. He breathed his last today in Hyderabad at the age of 73.
Hackers attacked over 20 million accounts on Taobao, the e-commerce website which uses Alibaba’s own cloud computing service, were hacked recently. This translates into one out of every 20 active annual buyers on the site.
In a management reshuffle at Mu Sigma, wife Ambiga Dhiraj has been named CEO in place of husband Dhiraj Rajaram, who becomes the Chairman. Ambiga becomes the first woman CEO of an Indian unicorn.
A study by Deloitte has reported that Uber’s ridesharing service in Australia is delivering benefits to consumers in the form of cheaper, quicker and safer rides as compared to taxi services. The study was commissioned by Uber.