GitHub CEO Thomas Dohmke to step down
Empower your mind, elevate your skills
Thomas Dohmke, chief executive of Microsoft-owned software development platform GitHub , will step down after nearly four years in the role, according to a report by US news website Axios on Monday.Microsoft has not yet named a replacement and will not immediately fill the position.Dohmke joined GitHub in 2018 as vice president for strategic programmes. In 2021, he became chief product officer, serving in that role for just four months before taking over as CEO in November that year.GitHub, acquired by Microsoft in 2018, is a platform that enables developers to create, store, manage and share their code.India has become GitHub's fastest-growing developer community globally. ET reported earlier this year Indians account for 12%, or 18 million, of the 150 million developers on GitHub.Despite this growth, GitHub has revised its forecast for India to overtake the US as the world's largest developer community, pushing the estimate to 2028 from an earlier 2027 projection. The change, it said, is based on 'linear population growth.' Speaking at the ET World Leaders Forum in August last year, Dohmke reiterated his view that India would surpass the US by 2027, driven by the rise of AI. He said tens of millions of developers in India are creating the digital public infrastructure of the future, fuelling economic growth.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Hindu
44 minutes ago
- The Hindu
Taking the bull by its horns
Mumbai's finance community often comes together in ballrooms of five-star hotels and valorises the Indian investor. The financially influential community often speaks in words tinged with nationalistic pride about the continuous increase in registered investors. In 2024-2025, up to 2.09 crore Indians were registered as investors. This number was just 38.5 lakh in 2019-20, before the pandemic. That's a five-fold increase. The suit-clad mutual-fund managers and stock analysts say that this is a reflection of the average Indian's trust in the potential of the nation. Terms like 'financial inclusion' and 'economic democratisation' are often used. In July 2025, the Securities and Exchange Board of India (SEBI), which regulates the capital markets, alleged that Jane Street, an American trading firm, had manipulated the derivatives market, a segment of the financial market. Derivatives are a set of financial products that lock the prices of stocks or indices (groups of stocks such as Nifty 50), for a future date. SEBI halted Jane Street's operations until it paid ₹4,843.7 crore, the profit that the firm had allegedly made. Now, the matter is under investigation. India is the largest derivatives market in the world. In June this year, Reuters quoted the Futures Industry Association as saying that the country 'made up nearly 60% of global equity derivative trading volumes of 7.3 billion in April'. It also said that at least six global trading giants 'are ratcheting up their presence' in India. In September 2024, SEBI brought out a report stating that the aggregate losses from 2022-2024 in the derivatives market were to the tune of ₹1.8 lakh crore. 'Despite consecutive years of losses, more than 75% of those who lost continued trading in F&Os (futures and options, a part of the derivatives market),' the report stated. While there are many reasons for this, analysts say that people look at F&Os for quick returns, since the contracts expire on a weekly or monthly basis, unlike stocks, which are long-term investments. Pump and dump Jane Street, which began operations in 2000 in New York, had a net trading revenue of $10.4 billion as of June 2025, as per Bloomberg, the business news network. Its website claims to have five offices and over 3,000 employees, trading in 45 countries (India is not listed). Nuvama Wealth Management was a company executing Jane Street's trade in India. It is now under the scanner of the Income Tax Department. In April 2024, SEBI carried out an analysis of 'the alleged unauthorised use of their (Jane Street) trading strategies in Indian options markets' and asked the National Stock Exchange to monitor it. Later that year, SEBI issued a circular announcing a series of policy steps to address problems in the derivatives market. These included overtrading in index options on expiry days (Thursdays). Options are financial contracts, a type of derivative. The buyer is simply purchasing the 'option' to buy an underlying asset at a fixed date at a certain price. 'Call options' expect prices to rise, and 'put options' expect prices to fall. SEBI alleged that Jane Street pumped up the price of Bank Nifty — which consists of stocks of 12 large banks — by buying them in the morning. Seeing this, other traders would also buy in, further pushing up the price. The company would simultaneously buy put options on the same stocks/index, which other traders were unaware of. Towards the end of the day, Jane Street would dump the stocks, profiting from the resultant fall. Complexity and drive The complexity of the derivatives market makes it difficult to navigate even for professional traders like Preeti K. Chhabra, founder of Surat-based Trade Delta, a trading firm. 'After having studied the entire subject thoroughly, and trading for nearly one and a half years, I realised that this is a game where nobody knows 100%,' says Chhabra, who started her derivatives trading firm in 2018-19 after almost two decades of working in stock brokerages. Ms. Chhabra began with a capital of ₹90 lakh and lost about half of it in the first few months, she says. Following the loss, she took a year's break to understand the instrument better before she got back to it. She is among the many traders in India who execute futures and options trades for their clients. Social media platforms and even messaging apps like Telegram are rife with futures and options courses for children. In fact, on the days when the Bank Nifty dipped, analysts online gave different reasons for this, not citing possible market manipulation, SEBI said, in its order. Financial influencers are major contributors to financial market education and investment. Street oversmart With a spurt in online trading apps, which charge low commissions, during COVID-19 in 2020, many, including the youth, began accessing financial markets. The entry of new investors at this time drove a bull rally that lasted about four years before the slump to current levels began in September 2024. Bodies like the Association of Mutual Funds in India (AMFI) say that increasing financial literacy and awareness is the reason behind the proliferation. The awareness of financial instruments, however, does not translate into an understanding of markets. In its 2024 report, SEBI said that 43% of the people who had lost money were below the age of 30, and 93% of the people in this age group lost money trading in derivatives. Akshay Chinchalkar is the head of research at Axis Securities and actively writes on the professional-networking platform LinkedIn about market trends. He feels that there is too much information out there, which makes it difficult to separate the knowledge from the noise. 'It makes us ponder whether the sheer volume of analysis directly leads to consistent, profitable F&O trading for everyone,' he says. The Association of National Exchanges Members of India said in early August that it's studying ways of helping people move away from derivative trading. One of the suggestions they made was to increase the barriers to entry, so that uninformed or undercapitalised traders don't lose on a gamble. Markets like South Korea and Singapore have such barriers, the association said at a media briefing. SEBI has taken certain measures to control the enthusiasm, like doing away with weekly expiries of derivative contracts for all indices except the main Nifty 50 and the 30-stock Sensex, expecting that this would reduce speculatory trading. This means that contracts need to be held for longer periods in all other indices. However, a SEBI study showed that 91% of individual traders continued to lose money even after reforms. This was down from 93% before the Jane Street episode.
Time of India
an hour ago
- Time of India
Microsoft sued for killing Windows 10 — could this lawsuit force a shocking U-turn?
Many people are getting ready for change because Windows 10 's official support ends in October 2025, but not everyone is ready to move on. A California resident has filed a lawsuit against Microsoft, claiming that the company's decision will unfairly force millions of people to buy expensive upgrades. The case raises important issues concerning fairness, e-waste, and consumer rights. A California man, Lawrence Klein , is suing Microsoft over its plan to phase out Windows 10 support in October 2025, citing high user numbers, stringent Windows 11 hardware requirements , and potential e-waste, as per a report by TechRadar. What is the big deal about this lawsuit? by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Remember Him? Sit Down Before You See What He Looks Like Now 33 Bridges Undo Klein says that Microsoft's plan to stop support is against consumer and business codes because almost half of all Windows users still depend on the OS. The lawsuit cites recent numbers that show Windows 10 has a market share of about 43%, which is much higher than that of earlier OS versions at the same stage. ALSO READ : Orca attack mystery: What really happened to marine trainer Jessica Radcliffe The lawsuit demands that Microsoft provide free updates until adoption rates drop significantly, arguing that current policies unfairly force costly and unnecessary upgrades, as per a report by TechRadar. Live Events Are Windows 11's hardware rules too harsh? Klein's strongest point is that Microsoft made the hardware requirements for Windows 11 too high. About 240 million devices can't upgrade without being replaced because they don't have TPM 2.0 security chips or some modern CPUs. Some people say that this could lead to millions of still-working PCs being thrown away, which would cause a huge e-waste crisis . Some people think that Microsoft's push for "Copilot+ PCs" is just a thinly veiled way to get people to buy new computers, as per a report by TechRadar. ALSO READ: Betrayal? Outrage erupts as Trump reportedly makes secret Alaska natural resource offer to Putin Is it possible for Microsoft to change its mind? Even if Klein's lawsuit doesn't win, it could put enough public pressure on Microsoft to change its mind. The company has already given in once by offering a free year of extended support if users sync certain settings to OneDrive instead of charging $30, as per a report by TechRadar. But for a lot of people, that's not enough. The lawsuit suggests linking the end of support to adoption rates instead of set deadlines. This could make the transition easier and cut down on upgrades that aren't needed. ALSO READ: Microsoft eyes remote work crackdown, office return could be imminent - here's what it means for staff The Big Picture This case isn't just about keeping an old operating system alive; it's also about finding a balance between being responsible and being creative. If Microsoft sticks to its current plan, millions of people may have to buy expensive new hardware or use systems that aren't safe. If it changes, it could set a standard for how tech companies deal with changes in the future. The lawsuit is already getting people talking more about corporate responsibility, sustainable tech policies, and how much control users should have over their devices, no matter what the court decides. FAQs When will Windows 10 support officially end? Microsoft plans to discontinue support on October 14, 2025. Why is Microsoft being sued? The lawsuit claims that ending support too soon will harm consumers and generate massive e-waste due to strict Windows 11 hardware requirements.
Time of India
2 hours ago
- Time of India
Tablet sales sail smooth on 5G wave; India market grows by 20% QoQ in April-June
New Delhi: India's tablet market grew 20% quarter-on-quarter in the April-June quarter of 2025, driven by greater availability of fifth-generation (5G)-enabled devices and channel expansion by top vendors, according to a report released by CyberMedia Research (CMR). Independence Day 2025 Modi signals new push for tech independence with local chips Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji Subhas Chandra Bose gave India its own currency The report said 5G tablets remained the key growth catalyst, accounting for 95% of shipments year-on-year, as Indians adopt next-generation connectivity. Apple led the tablet market with a 30% volume share as its shipments rose by 10% year-on-year in Q2 2025. The iPhone and iPad maker, however, had a 33% share in the corresponding quarter last year. Apple's performance was "supported by a 78% quarter-on-quarter and 10% year-on-year growth", CMR said, adding that its shipments were driven by a strong demand for the newly launched iPad 11 series, which accounted for 70% of Apple's total shipments during the quarter, alongside improved availability across both online and offline channels. Apple was followed by Samsung with a 27% share, Lenovo (16%), Xiaomi (15%) and OnePlus (6%), according to CMR. For Samsung, its broad portfolio enabled it to sustain performance across both affordable and enterprise segments, while Lenovo benefited from demand in the education segment, and Xiaomi had competitive value-for-money tablet offerings combined with strategic expansion across online and offline retail channels. "India's tablet market is advancing along two complementary growth paths-value-for-money and premium," said Menka Kumari, senior analyst-industry intelligence group (IIG), CMR. "The strong double-digit growth in the value-for-money segment highlights robust demand from students, gig workers and value-conscious users seeking reliable performance, and new compelling Android value-for-money tablets from brands, such as Xiaomi and OnePlus." She added that the premium segment, led by Apple and Samsung, is seeing heightened traction from professionals and "ecosystem loyalists who prioritise seamless integration, security and superior experience". The research firm has forecasted a 10-15% growth for the tablet market in 2025. Canalys has separately forecasted that tablet shipments are expected to contract by 8%. "As we move into the festive quarter-a traditionally strong period for consumer electronics-CMR's analysis points to a sustained momentum and consistent growth, driven by demand from both urban centres and the expanding base of Aspirational India," Kumari said.
