October 2024 – Page 16

Reddit celebrates Diwali with community awards and avatars

Redditors can personalise their virtual identities with new Diwali-inspired avatars featuring unique hairstyles, outfits, and accessories that capture the essence of the festival.

Recently, in February this year, Reddit made its initial public offering (IPO) public in the US.

Canva records $2.5 bn revenue as active users surpass 200 mn worldwide

Users from more than 190 countries have also crafted more than 2.5 billion presentations and 500 million documents. Additionally, usage of Canva’s AI tools has with over 10 billion uses to date.

As Canva doubles down on its investment in India, the country has emerged as its fifth largest market by embracing India’s rich cultural diversity and linguistic nuances.

Moneycontrol Pro celebrates 1 million paying subscribers by ringing opening bell at NSE

With over 1 million subscribers, the platform is on par with globally recognized financial news outlets such as Financial Times and Barrons.

With over 1 million paying subscribers, Moneycontrol Pro cements its position as India’s largest news subscription platform and ranks among the top 15 globally.

Glance partners with Swiggy Instamart to speed up quick commerce

To deliver this experience, Glance leverages Swiggy Instamart’s user behaviour and preference data to create sharply defined audience cohorts, allowing CPG brands to target consumers more effectively. By combining Swiggy’s user affinity signals with Glance’s engagement metrics, this data-driven approach ensures that promotions reach the right audience at the right time, improving purchase intent and conversion rates for brands.

This allows CPG brands on Swiggy Instamart to connect with over 230 million active users from the lock screen of their smartphones.

TRAI releases consultation paper on terms, conditions of network authorisations under Telecom Act

The News Broadcasters and Digital Association (NBDA) warned that while GBBs have the potential to diversify broadcasting, allowing them to operate without a well-defined regulatory structure could undermine competitive fairness.

TRAI (Telecom Regulatory Authority of India) has sought comments from the stakeholders on authorisation for telecom, satellite, cloud-hosted networks under the Telecommunications Act, 2023.

Tier-3 residents most worried about data security: PWC

Only 40% of organisations claim to understand the act. Only 9% of these organisations reported a comprehensive understanding. (Photo: Unsplash)

More than 50% of the consumers surveyed are not aware of their rights, including the right to give or withdraw consent regarding use of personal data.

ICC proposes chair term reforms, greenlights women’s cricket expansion

The ICC greenlit the 2025-2029 Women's Futures Tour Programme (FTP) and calendar, along with updates to the Women's rankings system.

New term limits for ICC Chair and Independent Director could see Jay Shah lead the global cricket body for six years, while women’s cricket gets a boost with new T20 competitions.

Booking.com expands to become a ‘One-Stop Shop’ for travellers; Targets Gen Z, AI integration

Booking.com has witnessed a favorable repeat direct booking behavior from consumers using mobile apps compared to direct bookings on desktop or mobile in the first quarter of 2024 (Image: unsplash)

Booking.com’s first-quarter revenue grew by 17 percent to $4.4 billion, and adjusted EBITDA of about $900 million increased 53% year over year.

Simply Speaking: Shorts #4 – Fencing the Ocean?

The World Wide Web is a scale-free network, dominated by hubs and nodes with a very large number of links. This large-scale topology coexists with numerous small-scale structures that severely limit how much we can explore simply by clicking our way along the links, writes Shubhranshu Singh in this week's Simply Speaking. (Image source: Unsplash)

Finding the larger value makes you explore the parts. Not the other way around, writes Shubhranshu Singh in this week’s Simply Speaking Short.