Meta layoffs: 3000 employees to lose their jobs as Facebook-owner initiates company-wide layoffs

This round of cuts follows an announcement from CEO Mark Zuckerberg last month, where he outlined plans to raise performance standards and more rapidly eliminate low performers.

Facebook-owner Meta is set to proceed with company-wide layoffs on February 10, while simultaneously accelerating the hiring of machine learning engineers.

WAVES to be held in May first-week in Mumbai, confirms MIB

WAVES will focus on bringing together thought leaders from various domains and aims to foster cross-industry collaborations and drive India's growth in the digital and creative economy. (Image Source: Udit Vani)

Storyboard18 first reported the postponement of the event, which was originally slated to be held in New Delhi from February 5 to February 9, 2025.

NCLAT orders NCLT to decide on BCCI-Byju’s settlement within a week

On 29th January, the NCLT had ordered disciplinary action against Pankaj Srivastava, the Resolution Professional (RP) overseeing Byju’s insolvency proceedings.

The NCLT’s Bengaluru bench admitted BCCI’s insolvency plea against Byju’s parent company, Think & Learn Private Limited, on 16th July last year.

SEBI fines Brightcom Group ₹34 crore for financial misrepresentation

The regulator levied a penalty of ₹15 crore each on Brightcom’s promoters, M Suresh Kumar Reddy and Vijay Kancharla.

Sebi concluded that BGL and its promoters engaged in fraudulent practices, violating the Prohibition of Fraudulent and Unfair Trade Practices (PFUTP) regulations, and took action accordingly.