Author: Sakina Kheriwala

Gen Z: The $2 trillion force reshaping India’s consumer landscape

With a collective spending power currently at $860 billion, they account for an impressive 43% of India's total consumption. (Image source: zyanya-bmo via Unsplash) )

With 377 million individuals, Gen Z emerges as India’s largest generation, wielding significant purchasing power that demands attention from brands and marketers. A new report from Snap Inc. and Boston Consulting Group reveals insights into their spending behaviours and the transformative impact on the Indian economy.

Upgrad cofounder and MD Mayank Kumar steps down to launch new startup

Coinciding with Mayank Kumar's exit, Upgrad founder and chairman Ronnie Screwvala is stepping up his engagement at the company. (Left to Right: Mayank Kumar, Ronnie Screwvala)

Mayank Kumar’s exit marks a shift at Upgrad as Ronnie Screwvala takes charge, while the edtech unicorn eyes a $50-$60 million funding round at a $2.25 billion valuation.

The New York Times sends ‘cease-and-desist’ notice to AI startup Perplexity

Aravind Srinivas, Cofounder and CEO of Perplexity, highlighted this evolution in consumer behaviour, coining the term "Plexing" to describe the emerging habit of relying on the platform for queries.

The letter accuses Perplexity of copyright violations for using NYT content in AI-generated summaries, escalating concerns over the use of news material by AI companies.

Angel One appoints Arief Mohamed as CBO – Direct Business

With over 16 years of experience in digital commerce and a proven track record of scaling businesses, Arief Mohamed is set to lead Angel One's direct business vertical. (Image source: LinkedIn)

In a strategic move to enhance its leadership team, Angel One Ltd has appointed Arief Mohamad as Chief Business Officer – Direct Business. With over 16 years of experience in digital commerce, Arief is set to drive innovation and growth within the company’s fintech landscape.

GSS 2024 calls for sustainable development of emerging digital tech Standards

Themed "Charting the Next Digital Wave: Emerging Technologies, Innovation, and International Standards," GSS-24 focused on a cohesive approach to the governance and standardization of emerging technologies.

Event paves the way for sustainable development of emerging digital technologies, emphasizing the need for inclusive governance and equitable access across regions.

‘It’s Hyundai, Like Sunday’: A Super Bowl lesson in pronunciation

In the ad, actor Jeff Bridges introduced audiences to the Hyundai Genesis, which had then been crowned the 2009 North American Car of the Year. (Image source: YouTube)

Hyundai’s ads voiced by actor Jeff Bridges tackled the all-too-common mispronunciation of the brand. With a catchy twist, it clarified that it’s “Hyundai, as in Sunday”.

BCCI also considering Singapore as an option for IPL 2024 mega auction

While Singapore has emerged as a new contender, Saudi Arabia remains firmly in the running, with locations such as Riyadh or Jeddah under serious consideration.

With the IPL 2024 mega auction approaching, the BCCI is exploring international venues, including Singapore and Saudi Arabia, as potential hosts for the high-profile event. The auction is expected to be a two-day affair held late in November.

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Global PC market resilient in Q3 2024 with 1% YoY growth amid replacement cycle

The increasing adoption of artificial intelligence (AI) PCs, featuring cutting-edge CPUs from AMD and Intel, is expected to further fuel market growth in the coming quarters. (Image source: Unsplash)

Despite slowing demand in China and Europe, the global PC market sustained steady growth in Q3 2024, with shipments rising by 1% year-over-year. The market anticipates further momentum as replacement demand accelerates before Windows 10 support ends, and AI-powered gain traction.