Facebook-owner Meta is set to proceed with company-wide layoffs on February 10, while simultaneously accelerating the hiring of machine learning engineers.
Author: Delshad Irani
Amazon’s ad revenue surged 18%, reaching $17.3 billion in the fourth quarter
“When we look back on this quarter several years from now, I suspect what we’ll most remember is the remarkable innovation delivered across all of our businesses,” said Andy Jassy, President and CEO, Amazon.
ITC to acquire meats startup Prasuma; building a full-stack frozen, chilled and ready-to-cook foods portfolio
This acquisition will further fortify ITC’s presence in these future-facing categories, with current annual market size of over Rs. 10,000 crores and poised for rapid growth in the years ahead.
‘Zomato is an accidental company’: Read Deepinder Goyal’s full letter to shareholders on Zomato’s rebrand to ‘Eternal’
Zomato’s founder Deepinder Goyal said, “This isn’t just a name change; it is a mission statement,” as the board approved the company’s new name – Eternal.
YouTube advertising revenue clocks $10.47 billion in Q4; Parent-firm Alphabet’s AI investments rise
The company reported slower revenue growth across several key segments, including its search business, YouTube advertising, and services division, when compared to the same period last year.
Snap Inc elevates Ajit Mohan to chief business officer to accelerate advertising growth
The former Meta and Hotstar executive will lead Snap’s global advertising efforts, focusing on expanding its presence in the key APAC market.
Gayatri Yadav appointed Group CMO at Reliance Industries
Gayatri Yadav joined Sequoia in 2020 as its Chief Marketing Officer, bringing with her a wealth of experience from her previous role at Star India, where she not only oversaw the marketing division but also served as President of Consumer Strategy & Innovation.
Thomas Cook’s MD and CEO Mahesh Iyer to oversee the Group operations as Madhavan Menon retires as exec chair
Menon joined Thomas Cook India in 2000 as the Executive Director responsible for the Foreign Exchange business and stepped up to the position of Managing Director in January 2006
Sam Altman to meet PM Modi to advocate for OpenAI’s technologies
OpenAI CEO’s visit highlights India’s exploration of global AI partnerships amidst local innovation efforts. MeitY’s S. Krishnan emphasizes the government’s preference for open-source models while engaging with OpenAI.
Kerala Court issues non-bailable warrants against Baba Ramdev and Acharya Balkrishna
The pair faces legal action over alleged misleading advertisements linked to Divya Pharmacy, a subsidiary of Patanjali Ayurved.