October 2024 – Page 24

Google leadership reshuffle: Prabhakar Raghavan becomes CTO, Nick Fox takes over Search

Taking the reins from Prabhakar Raghavan in leading Google's Knowledge and Information (K&I) division, which includes Search, Ads, Geo, and Commerce products, will be Nick Fox. (L-R: Prabhakar Raghavan, Nick Fox)

Major leadership changes aim to accelerate AI innovation and technological excellence at Google.

Apple’s Chief People officer Carol Surface resigns

Carol Surface began her career at PepsiCo and also worked at Best Buy.

Previously, Carol Surface was the EVP and chief human resources officer at Medtronic.

India Inc ramps up cybersecurity workforce as data breaches hit record levels

54% of the security leaders identify AI generated attacks as the biggest security risk. (Image: Unsplash)

Bengaluru-based organizations lead in recruiting cyber experts. India’s IT hub accounted for nearly 10% of job listings since September 2023

Supreme Court rules ‘royalty’ imposed by Municipal Corporation is not a ‘tax’

According to Dish TV, levying entertainment tax on the service tax would be constitutionally impermissible.

The apex court set aside the Patna High Court’s decision to refund the ‘royalty’ collected from advertising companies, clarifying that ‘royalty’ and ‘tax’ are distinct in law.

Wipro, Infosys report increased attrition rates in Q2 FY25

Wipro posted a 21 percent rise in net profit to Rs 3,209 crore for the September quarter

In the July-September quarter of FY25, Wipro added a total of 978 employees. Currently, the closing employee count of the company as of 30 September is 233,889

SPNI’s EVP and Business Head Leena Lele Dutta quits, Ambesh Tiwari to take over

Taking over Leena Lele Dutta's responsibilities is Ambesh Tiwari, who recently joined Sony YAY! as Business Operations Head. (L-R: Leena Lele Dutta, Ambesh Tiwari)

As Leena Lele Dutta concludes her successful tenure, SPNI positions itself for the future with new leadership in its thriving kids’ entertainment segment.

Government not exempted from DPDP Act: MeitY | Hoarding collapse in Vasai | Brands return to retro

With these efforts, the IndiaAI Mission aims to strengthen India’s AI ecosystem, making AI development more accessible and efficient for startups and researchers.

Storyboard18 brings you top five news updates from the world of advertising, marketing and business of brands.

MIB, TRAI put weight behind D2M Broadcasting, says trial in progress

In a letter to the Ministry of Information and Broadcasting, AIDCF stated, "Unlike traditional distribution platform operators (DPOs), these services do not seem to be subject to the same regulatory scrutiny, potentially creating an uneven playing field for Pay TV operators.

Prasar Bharati, the public service broadcaster in collaboration with IIT Kanpur and Saankhya Labs, is conducting D2M trials using both high-power and low-power transmitters.

Infosys profits up in Q2, records 4.2% rise in revenue to Rs 40,986 crore

The attrition rate for the quarter on the last twelve-month basis increased 12.9 percent from 12.7 percent in the June quarter.

The company attributed the growth to various factors, including increased traction in generative AI, cost optimization, and the acquisition of In-Tech.

Tata Communications Q2 FY25 profit rises 3% to Rs 227.7 cr; Standalone loss widens

Tata Communications' consolidated EBITDA increased by 10% YoY to Rs 1,117 crore in Q2 FY25

Tata Communications’ standalone profit slipped by 27% on a standalone basis year-on-year, and 66.8% on a quarter-on-quarter basis