Archives 2023

While most hustle for their paychecks, Steve Ballmer, the former CEO of Microsoft, is set to receive a massive $1 billion in 2024. Ballmer, who is the world’s sixth richest person, owns Microsoft stock and the windfall comes courtesy of the tech giant’s recent bump in quarterly dividends.
Microsoft boosted its quarterly dividend payout to 75 cents a share, or $3 a share annually. Ballmer, with his 4% stake (333.2 million shares as of 2014), will pocket just shy of $1 billion in dividends next year.
The Windows-maker’s dividend track record has shone bright since 2003, making a cut unlikely. Uncle Sam, however, will collect a hefty share of Ballmer’s check. Given his hefty income, Ballmer faces a 20% tax bite on dividends, translating to roughly $200 million going straight to the government.
This may be ‘good news’ for investors across the globe. With Microsoft’s commitment to dividends and the broader market awash in juicy payouts, 2024 might just be the year to grab a slice of the dividend pie.
Ballmer among richest person in the world
Ballmer’s fortune has increased by an estimated $29 billion this year to about $115 billion. This is a few billion less than his former boss Bill Gates who was in fourth position with $121 billion, according to the Bloomberg Billionaires Index in October.
Ballmer joined Microsoft in 1980 as Microsoft co-founder’s assistant. He became Microsoft’s CEO in 2000 and stepped down in 2014. Microsoft paid $2.79 per share in dividends this year, resulting in an annual payment of about $930 million to Ballmer, depending on his ownership.
Berkshire Hathaway also set to gain
Apart from Ballmer’s drop in the dividend ocean, Warren Buffett’s Berkshire Hathaway expects a $6 billion dividend haul, thanks to its diverse portfolio of dividend-paying giants like Chevron, Bank of America, and even Coca-Cola.

Chinese smartphone maker Vivo launched its latest flagship X100 series for its home market in November. The latest lineup includes two models — the Vivo X100 and the X100 Pro smartphones. Both phones feature the Dimensity 9300 chip and a curved-edge OLED display. The company is now reportedly working on the more affordable Vivo X100s smartphone which may be later added to the new series.
Apart from this, Vivo is also reportedly working on the X100 Pro+ model and may launch it soon. The Pro+ variant is likely to be the top-of-the-line variant in the lineup and is expected to feature a 200MP periscope telephoto lens which may support 200x digital zoom.
The company is also expected to hold an event in China in the first quarter of 2024. At this event, Vivo may announce the Vivo X100s and the X100 Pro+ smartphones.
Vivo X100s: What to expect
According to a report by GizmoChina, tipster Digital Chat Station has revealed a few details about the upcoming smartphone on Chinese social media platform Weibo. If the rumours are true, the Vivo X100s won’t have a curved display like the other models in the lineup.

The Vivo X100s is expected to sport a 6.78-inch BOE 8T OLED panel that may support a 1.5K resolution and a 120Hz refresh rate. Under the hood, the X100s may likely pack the same Dimensity 9300 chip as the Vivo X100.

For photography, the X100s is rumoured to house a triple-rear camera setup which may include a 50MP Sony IMX920 main sensor with optical image stabilisation (OIS), paired with another 50MP Samsung JN1 ultrawide lens and a 64MP OmniVision OV64B periscope telephoto lens with 3x optical zoom. The report also claims that the smartphone may inherit the X100’s 32MP front-facing shooter for selfies and video calls.
The smartphone is also likely to pack a 5,000mAh battery unit that may support 120W or 80W fast charging.

Uber has released highlights of its annual data report wherein it talked about the key trends from how India used Uber this year. The report provides insights on the cities with the highest number of Uber rides in 2023, longest Intercity trips by kilometres travelled, popular time of the day, popular day of the week, and the city with the most late-night trips, among other trends.
The year 2023 also saw Indians breaking travel records even as Uber remained the favourite mobility companion. According to the report, Uber trips during the year covered a record 6.8 billion kilometres, which is enough to traverse the entire 6.37-million-kilometre road network in India more than a thousand times over, or nearly thrice every day.
Uber Auto and Uber Go most popular: Uber Auto and Uber Go were the most popular services in the country, with Uber Auto being the favourite among the two.
Cities with the highest number of Uber trips: The cities with the highest number of Uber trips in 2023 are Delhi-NCR, Bangalore, Hyderabad, Mumbai, Pune and Kolkata.
Mumbai beat Delhi-NCR in terms of the most late-night trips booked and Kolkata residents booked Uber the most on the weekends. Residents of Delhi NCR used Uber the most for their work commute, logging the highest number of office-hour trips booked.
Uber booking trends
Most Uber trips were booked between 6 pm and 7 pm and the most popular day of the week for booking an Uber was Saturday.
December has seen the highest number of rides being booked in a single month, with Durga Puja and Christmas weekend being the most popular days in terms of number of trips booked.
Lonavala was the most frequented tourist destination in 2023 and Indians travelled 64 million kilometres in EVs through the year.
The top 5 cities in India in terms of the fastest average speeds clocked on the roads are Chandigarh, Ahmedabad, Delhi-NCR, Lucknow and Mysore.
India’s Top Intercity Routes include:

Top 5 longest Intercity trips by kilometres travelled, including round trips on Intercity:

As far as AI art generators are concerned, not all of them are built the same way. Today, users have a wide range of choices to create their own AI-generated images through platforms such as DALL-E, Midjourney, Stable Diffusion, and even the AI Generative Fill tool in Photoshop. However, mastering these platforms takes time and effort, and getting your desired results without understanding various tools and filters can be tricky. However, if you’re in search of an easy-to-use platform, you would be more benefitted by using Gencraft, a fine Midjourney alternative. It is an AI art generator with a user-centered approach.

Gencraft AI art generator

Gencraft was created by Hive.ai, a US-based AI firm. The platform was designed by Suman Gupta, a product designer at the company. She described the platform in her LinkedIn profile and said, “Throughout the design process, I focused on creating an intuitive and user-friendly interface. I carefully considered user flows, interactions, and visual hierarchies to ensure a seamless and enjoyable experience for all users. Customization and personalization options were a priority, as I wanted to cater to diverse creative needs and foster a sense of creative freedom and expression”.

The platform adheres to this philosophy. Once you enter the website, you get the option to choose between image, video, animation, and editing. While image generation is free (10 prompts a day after registration), other features are only for paid subscribers. For image generation, you can simply click on the option and start typing your prompt. It has both text-to-image and image-to-image functionality. There is also an “enhance prompt” option which automatically improves your prompt to ensure you get the desired result.

Apart from creating your own art, you can also check out what others have created through the Explore page. Free images provided by Gencraft are licensed under Creative Commons and are specifically intended for non-commercial use. Gencraft retains these free images on their servers for a duration of 30 days, after which they are removed.

There are two paid subscription tiers — Starter and Pro. Starter is priced at Rs. 399 a month and lets you use 25 prompts a day. The Pro subscription comes at a price of Rs. 999 a month and lets you generate unlimited images, train your own models, and download 4K images. Both tiers also give you commercial usage access.

Apple has been looking into ways to upgrade its MagSafe charging technology with new features. The iPhone maker is reportedly working on features for its MagSafe chargers which will be able to carry data wirelessly and will also be able to recognise as well as authenticate accessories when they are plugged in.
“Drawbacks” of the existing MagSafe technology
Currently, to charge an iPhone with a MagSafe charger, the device needs to be MagSafe-compatible.Users can also charge their phones with a MagSafe-compatible iPhone case and the phone will still charge through it. However, Apple says that the existing technology faces “some drawbacks”.
According to a report by AppleInsider, a new patent from the company named “Accessory Devices That Communicate With Electronic Devices,” has been approved. This patent lays out the problem and also offers solutions that can make the MagSafe technology smarter.
Apple notes: “For instance, some accessory devices inadvertently form a ‘heat trap’ by virtue of their position on the electronic device. Moreover, advances in processor technology provide faster processing speeds for electronic devices, but generate more heat during operation.”
The company claims that, “several electronic devices” are designed to “throttle down” the processor when they reach a certain temperature. Some devices may even shut themselves down, depending on the device and the temperature.
“Accordingly, some users are required to choose between protecting their electronic device (with the accessory device), or permitting greater processing capabilities (without the accessory device protecting their electronic device),” Apple mentions.
How Apple is planning to improve MagSafe
In the latest patent, Apple has proposed that electronic devices (for example an iPhone) contain “a magnetic field sensor configured to detect a magnetic field from a magnetic assembly external to the housing.” This means iPhones can recognise when there is a MagSafe accessory attached.
Moreover, the iPhone can “compare the magnetic field detected by the magnetic field sensor with a predetermined magnetic field.” Therefore, the iPhone can differentiate between a MagSafe charger and a MagSafe iPhone case.

Knowing the difference, the iPhone’s charging components will be able to switch off charging at different temperatures. This will help in lowering the temperature threshold in situations set for when the iPhone is in a case.
However, the first level of recognition can recognise a case or a bare charger, but may not be able to identify the data that is being passed to it. Apple has also suggested a second level of recognition, in which data is passed through the MagSafe system in an accessory.
Apple says: “The accessory device may further include a wireless communication circuit disposed in the bottom wall. The wireless communication circuit may be configured to transmit information to the portable electronic device subsequent to an authentication based upon the magnetic field vector.”
Apple suggests that the MagSafe accessory may also inform iOS of its tolerances. However, the patent application is more focused about how data can be transmitted.
Once data can be sent via MagSafe, it can open up multiple other areas of utility. This proposal already contains that reference to “an authentication based upon the magnetic field vector,” which Apple can work on further.
The patent suggests that an iPhone may first recognise a nearby MagSafe accessory and then look for any kind of data that could be on it. This data may include identification and with such a system MagSafe can be used as a key.
The report claims that these features may not be limited to the iPhone. Recent rumours have also claimed that the upcoming iPad models may also gain MagSafe support.

Seattle-based ecommerce company Zulily has closed its doors after almost exactly 14 years of trade, blaming a “challenging business environment” for its decision.

The company said that, on December 22, it completed “an orderly wind-down of the business to maximize the recovery for the companies’ creditors.”

Some iPhone users in the US are facing concerns about the Chinese short-form video app TikTok. According to a report by PhoneArena, some TikTok users who access the social media platform from their iPhones have shared their concern on Reddit. Users noted that TikTok is asking users for their iPhone passcode before allowing them to continue to use the app. TikTok has been previously accused of stealing personal data of iPhone users. In August, a report claimed that TikTok’s in-app keyboard on iOS has the capability of stealing personal data you type. This shows how sharing an iPhone’s passcode with TikTok can be ‘dangerous’ for users.
Why TikTok is asking for iPhone passcodes
TikTok hasn’t explained why its iOS app is asking users for their iPhone passcodes. However, the report suggests that a software bug is behind the requests.
How this TikTok issue is affecting iPhone users
An iPhone user took to Reddit to reveal that TikTok stopped sending constant requests for his passcodes once he installed version 32.5.0 of the app for iOS.
On the other hand, several other TikTok users have noted that the app did not stop requesting for their iPhone passcode even after installing the update. Meanwhile, many other users got so frightened by the incident that they changed passwords on important apps including their banking and other financial apps.

Some other users thought deleting the TikTok app might be the easiest thing to stay safe. However, it is important to note that users may risk losing all their saved videos if they delete the TikTok app from the iPhone and reinstall it.
Some Reddit users also offered a temporary workaround to fix the TikTok issue. Meanwhile, some users who tapped the cancel button instead of giving their passcode were also able to continue with their TikTok session.
The report recommends users to try the cancel button when the app asks for their iPhone passcode. If that doesn’t work, users should try updating to version 32.5.0 of TikTok. If that doesn’t work, try to delete the app and reinstall it from the App Store. And if that doesn’t work, try to contact ByteDance.

We’ve all been there – your phone is plugged in, but it’s not charging. Before you panic and rush to the nearest tech support, let’s explore some common issues and simple solutions to get your phone charging again.
Check the charging cable
Make sure that the charging cable you are using to charge the device is not damaged or frayed. Sometimes a damaged cable can be the reason behind the phone not charging.If you have a spare cable, try using that or borrow from someone to check if the phone is alright.
Check the power outlet
Another common reason behind the phone not charging can be due to some issue with the power outlet. Try plugging in some other appliance or device and see if the outlet has the power and the device is working properly.
Clean the charging port
Over time, dust and debris can accumulate in the charging port, preventing a proper connection. Gently clean the port using a small, dry brush or compressed air. Don’t blow into the charging port as it can add moisture and that can cause damage to the device.
Restart your phone
A simple restart can often solve many technical glitches. Power off your phone, wait a few seconds and then turn it back on.
Update software
Ensure your phone’s operating system is up to date. Software issues can impact charging functionality and a system update might contain bug fixes.
Check for background apps
Running multiple apps in the background can strain your phone’s resources, affecting its ability to charge. Close unnecessary apps to free up processing power.
Try a different charger
Your charger may be malfunctioning. If possible, borrow a charger from a friend or family member to see if a different charger solves the problem.
Inspect for water damage
Exposure to moisture can disrupt the charging process. Check for water damage indicators on your phone and, if possible, remove the battery to dry any internal components.

Indian Post Payments Bank is a government-owned bank that offers various services like savings accounts, current accounts, loans, insurance, investment options, post office saving schemes and more.
A message saying that the India Post Payments Bank account will be blocked if the PAN card is not updated has been circulating via SMS and mail.
PIB Fact Check, a platform owned by PIB that busts fake news by checking and presenting facts and figures, has mentioned that the message circulation is “Fake”.
What’s the message?
India Post Payments Bank users are receiving this message — “Dear user, your India post payment bank account has been blocked today please update your PAN Card immediately click here the link-http://surl.li/iccpf”.
These messages often include that the account will get blocked within 24 hours if the PAN card is not updated.
The message is fake
PIB Fact Check has confirmed that these messages are fake. India Post Payments Bank never sends such messages. In addition, the fact check body has advised that users should avoid sharing their personal and bank details with anyone.
What you should do if you receive such a message
If you have an account in India Post Payments Bank and you happen to receive this message, then there are certain things you should do before acting on the received message or clicking on the link provided in it.
It should be noted that the link may be fake or a way for hackers or scammers to gain your personal information including banking details as well as PAN card details which can result in a fraud or money scam in future.
Also, if you have received this message, make sure to check this with the bank first. Also, you can use the app or net banking to verify if your bank account is linked with PAN or not. In case, if it is not, follow the official process to do that. And, if you are not sure, feel free to visit the nearest Indian Post Payments Bank branch.

The hype around OpenAI refuses to die away. It has moved far away from being marked as ‘a trend’ to become an integral part of people’s lives in a very tangible way. In fact, it’s amazing to see the possibilities individuals are exploring to find solutions from the offerings of OpenAI.
Not so interestingly, many people believe this ‘new-tech’ has heralded the end of a tech that was making all the noise not so long back.Hence the frequently asked question, ‘Has OpenAI marked the end of Metaverse?’
What we must remember about technology is that it’s not a zero-sum game; it thrives on collaboration. The coalescence of old and new tech is what makes our reliance on technology a dynamic force. Emerging innovations don’t necessarily render older ones obsolete.
Breaking the myth
A general perception points toward a ‘sudden’ emergence and rise of OpenAI. For decades, Generative AI has been consistently taking steps to find its footing. Machine Learning has already found its way into business processes. So, one would ask, ‘Why did it come today?’
Despite its efficacy, Gen-AI needed something that it until today had struggled to master: context. Unlike human communication, technology thrives on binaries. So, for years, tech developers were busy feeding AI tools, context.
Unlike metaverse, which seemed like a lucrative idea, Gen-AI had a foundation of decades to improve and thrive upon consistently.
Access & Value-Added Responsibility
In terms of technological advancements, there is a verdict usually among the masses that divides them. When Metaverse made its entry, there were skeptics and there were optimists. However, I witnessed during the growth of OpenAI, that the two roles were replaced by: early users and latecomers.
Based on a freemium model, ChatGPT’s easy interface and the ability to excite with results captured the attention of millions on a daily basis. When people witnessed the firsthand experience of automation, it became a revelation for them.
Many saw in it, ease of work, while certain sections were left in a frenzy, ‘What if AI replaces us?’ Nonetheless, this immediacy of returns from AI, compared to the Metaverse, was enough to spark the growth journey for OpenAI.
Community Engagement In A World Seeking AI Solutions
OpenAI actively engaged with its user community for feedback and improvement. This iterative process allowed the system to continuously learn and adapt, making it more valuable and accurate over time.
Moreover, OpenAI’s launch of ChatGPT coincided with a growing demand for AI-driven solutions to streamline work processes and enhance communication. This alignment with current needs in various industries contributed to its rapid growth.
Why ‘AI and Metaverse’ & not ‘AI vs Metaverse’?
I believe Metaverse is yet to find its value and its place. It may at present feel like clay moulded into uneven shapes but with time and resources, it will fall into a shape that fits in.
The ‘AI and Metaverse’ approach acknowledges that AI has a pivotal role to play within the Metaverse framework. The creative front led by AI and automation can seamlessly pivot the virtual world toward being more natural and intelligent.
Similarly, the Metaverse can serve as a valuable testing ground for AI advancements, allowing them to evolve and mature in a context that mirrors the complexities of real-world interactions.
Fostering a collaborative perspective encourages innovation on multiple fronts.
The next step…
In a world where innovation is driven by collaboration, we can witness AI assisting in the creation of personalized and interactive Metaverse environments. Simultaneously, the Metaverse can serve as a fertile ground for AI to grasp and adapt to the intricacies of human behaviour and interaction.
By fostering this harmonious relationship, we set the stage for a technological future that transcends the limitations of individual technologies and embraces their collective potential.
By Piyush Jha, managing director & head – India & APAC, GlobalLogic