Musk plans Twitter voice calls | EU drafts rules to tighten cybersecurity labels for tech giants

Cisco to begin manufacturing from India in diversification move

Cisco said the move will support the growing demand from customers in India and expand supply chain capabilities. The company did not reveal the investment size, but CEO Chuck Robbins has set a target of $1 billion in domestic production and exports “over the next few years”. The decision followed a meeting between Robbins and Prime Minister Narendra Modi in New Delhi.

India’s PM added the government has been working towards establishing the nation as a global electronics hub, courting suppliers and device assemblers to set up base in the country.

https://www.newsbreak.com/news/3020711470824-cisco-to-manufacture-from-india-in-diversification-move

Twitter plans voice calls and messaging

Owner Elon Musk unveiled new features on the social media platform, including adding calls and encrypted messages. The call feature on Twitter will bring the micro-blogging platform into line with the likes of Meta’s social media applications, Facebook and Instagram, which have similar features.

In a tweet on Tuesday, Musk said, “coming soon will be voice and video chat from your handle to anyone on this platform, so you can talk to people anywhere in the world without giving them your phone number.”

https://www.channelnewsasia.com/business/twitter-voice-video-calls-encrypted-messaging-no-phone-number-elon-musk-3477406

LinkedIn slashes over 700 jobs and axes Chinese-focused app

On Monday the B2B network said that it would cut 716 jobs and was also shutting down its China-focused job app InCareer adding to a swathe of major tech companies that have laid off workers following a bleak global economic outlook.

In a letter to employees, LinkedIn CEO Ryan Roslansky said the move to cut roles in its sales, operations and support teams was aimed at streamlining the company’s operations and would remove layers to help make quicker decisions.

The social media firm added that it would phase out InCareer by 9 August due to fierce competition coupled with a challenging macroeconomic climate.

https://cyprus-mail.com/2023/05/09/linkedin-cuts-over-700-jobs-phases-out-new-app-as-demand-wavers/

EU draft rules tighten cybersecurity labelling for Amazon, Google, Microsoft

Amazon, Alphabet’s Google, Microsoft and other non-European Union cloud service providers looking to secure an EU cybersecurity label to handle sensitive data can only do so via a joint venture with an EU-based company, according to an EU draft document.

The document added that US tech giants and others involved in the venture can only have a minority stake, and employees that have access to EU data would have to undergo specific screening and must be in the 27-country bloc.

While the new provisions underscore EU concerns of interference from non-EU states, they are likely to endure criticism from US tech giants worried about being shut out from the European market.

https://money.usnews.com/investing/news/articles/2023-05-09/eu-draft-rules-propose-tougher-cybersecurity-labelling-rules-for-amazon-google-microsoft