July 2024 – Page 17 – storyboard18

Microsoft outage hits airlines, stock markets, hospital services globally

Microsoft has said that it was probing into the matter (Photo: Unsplash)

The outage affected Microsoft 365 and Azure cloud services. Microsoft Windows is one of the clients of the CrowdStrike. Whereas Falcon is one of the main products of the CrowdStrike

Mahindra & Mahindra appoints Manjari Upadhye as chief marketing officer – automotive division

Manjari Upadhye started her career at Colgate Palmolive as senior product manager, and went on to work across Ocean Spray Cranberries, PepsiCo, Mondelez International, Danone Dairy and Amazon.

At Welspun World, Manjari Upadhye’s skills ranged across product innovation, strategy, partner relationship management, marketing strategy, team leadership, P&L management and business modeling.

Nazara Technologies faces a potential tax bill of Rs 1,120 crore

Nazara is aiming to identify opportunities within the gaming, esports and adtech arenas internationally particularly with a focus on established gaming IP’s/studios, those advancing in technologies like web3, Virtual Reality, and AI.

The notices, issued on July 16, allege GST liabilities of ₹845.72 crore and ₹274.21 crore respectively, for the period 2017-18 to 2022-23.

Gaming firm Nazara acquires 100% stake in Kiddopia’s Paper Boat Apps with Rs 300 cr investment

Nazara had acquired a 50.01% stake in Kiddopia in 2019

Paper Boat Apps posted a consolidated revenue of Rs 219.4 crore and an EBITDA of Rs 56.1 crore in FY2024

India emerges as 2nd-largest market for Netflix

Netflix reported a revenue of $9.83 billion and operating income of $2.91 billion in Q3 2024

In terms of Indian shows and films, Heeramandi: The Diamond Bazaar show amassed 15 million views globally, followed by Diljeet Dosanjh starrer Amar Singh Chamkila (8.3 million views)

Android case: SC to hear pleas of Google, CCI in September

The HC decision follows the hearing of three petitions against the non-regulation of deepfake technology in the country and the threat of its potential misuse.

Last year, NCLAT had upheld a fine of Rs 1,338 crore against Google for allegedly exploiting its dominant position.

Lodestar UM collaborates with LGBTQIA+ owned businesses for Impact Day

Launched in 2016 under UM's corporate social responsibility unit, Better World, Impact Day reflects the agency’s commitment to its core values of community, curiosity and courage.

In India, Lodestar UM has collaborated with LGBTQIA+ owned businesses such as Kai By Mangi, Dopamore, Arttitty, Sabarshh, Ash.Co, Embarque.co, Queergaon, Astitva Jewelry, Podi Nan Maga, and Scoby Labs.

Tata Digital integrates Tata Shop Share Smile (TSSS) into Tata Neu App

Previously, TSSS offered exclusive deals and discounts on Tata products and services through a separate platform, accounting for over 3 million omnichannel transactions across 30 brands in FY 24.

This move empowers several lakh Tata Group employees across India.

Google-parent Alphabet faces Italian antitrust probe over personal data usage

By launching stores in India, Google aims to replicate Apple's retail strategy

An investigation has been launched into Alphabet over alleged unfair commercial practices which involved users’ personal data.

DoT suspends two telemarketing firms over sending 5.5 cr fraud SMSes

In March 2023, the government extended the Prevention of Money Laundering Act (PMLA) to cover specific activities related to virtual digital assets to combat digital fraud in the sector. (Image source: Unsplash)

The Department of Telecommunications (DoT) has suspended the operations of V-con Intelligent Security (part of the Videocon Group) and OneXtel Media for sending 55.5 million fraudulent SMSes to users since January 2024.