April 2025 – Page 13 – storyboard18

OpenAI countersues Elon Musk, accusing the world’s richest person of harassment and sabotage

OpenAI has countersued Elon Musk, accusing him of trying to sabotage the company’s shift to a for-profit model through a campaign of legal and public harassment.

Meta raises concerns over DPDP Act clauses, citing curbs on minor profiling, data localization

Tech giants Google, Meta, YouTube, and Snap have earlier raised similar concerns over the Digital Personal Data Protection Act's restrictions on behavioural tracking.

Social media giant Meta has raised concerns about Digital Personal Data Protection (DPDP) Act, specifically regarding restrictions on the profiling and behavioral tracking of minors, potential data localization requirements, and the necessity of verifiable parental consent.

Federal Bank appoints Virat Diwanji as Head of Consumer Banking amid strategic push for Version 4.0

With Diwanji onboard and Version 4.0 in motion, industry watchers anticipate a dynamic phase of transformation at Federal Bank, particularly in customer-centric offerings and digital expansion.

The appointment of Diwanji, a seasoned banking professional, is seen as a pivotal step in strengthening Federal Bank’s consumer banking vertical as it gears up for rapid scale and innovation.

Myntra’s Chief Product and Technology Officer Raghu Krishnananda steps down

In recent months, Flipkart has seen a string of senior-level exits, while Myntra itself has undergone an organisational restructuring.

Krishnananda’s exit marks the second high-profile departure from the Flipkart Group in recent months.

Shalimar Paints appoints Kuldip Raina as MD & CEO for 3-year term

Raina’s illustrious career includes leadership positions at reputed companies such as Kansai Nerolac Paints, Jubilant Industries, Arvind Brands and ITC Limited.

Raina, who joined Shalimar Paints in May 2022, currently serves as Director – Sales, Marketing, and Strategic Sourcing.

Waking up to sleep economy, brands increase ad spends up to 100%

With sleep quality now widely recognised as a key pillar of health, companies are prioritising advanced sleep products, AI-driven innovations, and omnichannel engagement. (Image source: Unsplash)

As Ikea intensifies its focus on sleep quality in India, homegrown brands are expanding their portfolios with sophisticated, health-centric sleep solutions, including AI-powered products, exclusive retail outlets, and enhanced digital communication.

Maharashtra joins regulatory wave, eyes licensing system for online gaming

Maharashtra’s bold move also shines a light on a deeper structural issue: India’s fragmented regulatory ecosystem. Multiple states are now looking to regulate online gaming industry including Tamil Nadu and Karnataka.

Through this policy, Maharashtra government is aiming for two-pronged goal: protect consumers from fraud and deception, while simultaneously legitimizing a booming sector through legal and economic channels.

Virat Kohli to join athleisure brand Agilitas as Investor

Kohli’s potential investment in Agilitas marks a strategic move into the business side of sport and signals a growing trend of athletes taking active roles in shaping brand narratives and ownership.

Kohli is expected to acquire an equity stake in Agilitas as part of the deal and endorse the brand publicly.

Vantara launches new website with immersive digital experience in wildlife conservation and rescue

With its new digital platform, Vantara hopes to make wildlife conservation more accessible and inspire people around the world to join in its mission to protect nature.

The new website showcases Vantara’s mission through rich storytelling, interactive features, and intuitive design.