The 9th Malaysia Business Events Week (MBEW 2024) will take place from August 19-23 at the Kuala Lumpur Convention Centre, focusing on sustainable practices and technology integration in the business events industry. The event will feature a diverse program with panel discussions, workshops, and the EVENTEXPO 2024, showcasing the latest industry advancements.
India’s railway network is undergoing modernization, with safety being a top priority. The indigenously developed automatic train protection system, ‘Kavach,’ has been deployed across over 1,500 km of track, aiming to prevent accidents and enhance safety. While its current coverage is limited, plans for its expansion on high-traffic routes like Mumbai-Howrah and Delhi-Howrah indicate a focused approach towards safer train travel.
The US stock market experienced a surge on Monday, driven by strong gains in technology companies, pushing the S&P 500 and Nasdaq Composite to record highs. Key tech players like Autodesk, Broadcom, Micron Technology, Apple, and Microsoft contributed to the rally, while GameStop shares saw a significant decline. The bond market also witnessed an increase in yields, reflecting expectations of higher interest rates.
Wells Fargo recently fired over a dozen employees for using ‘mouse jigglers’ to simulate computer activity and appear productive while working remotely. This incident highlights the growing concern about workplace deception and the effectiveness of productivity monitoring tools in remote work environments.
Indian Railways is poised to issue a massive 5,000 crore tender to expedite the implementation of Kavach, an automatic train protection (ATP) system, across 10,000 km of its network. This move aims to bolster safety and prevent accidents like the one in Balasore last year. The tender, which will be split into two parts, is expected to be released in the coming months, marking a substantial expansion from the first Kavach tender in 2021. The system, which prevents accidents caused by human error, has been approved for use by additional vendors, including Japanese firm Kyosan. This initiative will accelerate the rollout of Kavach, with plans to equip the entire 70,000 km railway network within a decade.
US National Security Advisor Jake Sullivan is visiting New Delhi for the second meeting of the initiative on Critical and Emerging Technologies (iCET). His visit comes as the US seeks to deepen its strategic partnership with India amidst growing geopolitical tensions in the region. Sullivan’s discussions with Indian leaders are expected to focus on a range of issues, including technology cooperation, defense collaboration, and the ongoing Israel-Hamas war.
According to a report from Digital Chat Station, the Xiaomi 15 could be the first smartphone to launch with Qualcomm’s upcoming Snapdragon 8 Gen 4 chip. The device is also rumored to sport a 1.5K LTP display, a triple-camera system with a 50-megapixel primary camera, and up to 16GB of RAM and 1TB of storage. The Snapdragon 8 Gen 4 is expected to offer improved performance over its predecessor, but it may also come at a higher cost due to inflation.
Sundar Pichai, the CEO of Google and Alphabet, is a prominent Indian-American figure in the tech industry. Born in India, Pichai has led Google through significant milestones, including the pandemic, mass layoffs, and the rise of artificial intelligence. Pichai’s career journey is marked by key accomplishments, such as the development of Google Chrome and the growth of the Android division. Currently, Pichai oversees Google’s core products and remains a driving force behind the company’s technological advancements.
Prime Minister Narendra Modi expressed his appreciation for the congratulatory message from Microsoft co-founder Bill Gates following his third consecutive term as India’s Prime Minister. Modi recalled their previous conversation regarding the impact of technology in governance and healthcare, as well as India’s commitment to combating climate change and promoting sustainable development. Gates had praised Modi’s contributions to India’s innovation in health, agriculture, women’s empowerment, and digital transformation. The Prime Minister also mentioned their shared goal of improving the lives of people in India and worldwide.
Amadeus and Accor have expanded their partnership, with Accor implementing Amadeus’ Central Reservation System (ACRS) for its global portfolio of properties. The cloud-based technology aims to boost revenues, optimize distribution strategies, and create personalized guest connections. ACRS empowers hotels with cutting-edge technology, including enhanced user experience and simplified daily operations. The collaboration aims to transform the hospitality landscape by offering personalized offers and tailored experiences, ensuring guest satisfaction and loyalty.
