Meta to deprecate Facebook News tab in Australia, the US

The Mark Zuckerberg-led company said the FTC has failed to meet its burden to present evidence establishing a relevant antitrust market and proving that it has included all reasonable substitute services in its market definition. (Representative image by Dima Solomin via Unsplash)

In early April, Meta will deprecate Facebook News, a dedicated tab for news content, in the United States and Australia, after 80 percent drop in users of News tab. News makes up less than 3 percent of what people around the world see in their Facebook feed.

Elections 2024: Meta’s awareness campaign ‘Know What’s Real’ to tackle misinformation in India

The 'Know What's Real' initiative, spanning eight weeks, is geared towards educating users on identifying and addressing misinformation prevalent on WhatsApp and Instagram. By promoting digital best practices and showcasing available safety tools, Meta hopes to empower its user base in navigating the complex landscape of online information. (Image source: CNBC-TV18)

Meta is also part of the several big tech firms globally who have pledged to help prevent deceptive AI content from interfering with this year’s global elections.

DPIIT’s Rajesh Kumar Singh: This year we will most likely be granting one lakh plus patents

Rajesh Kumar Singh, secretary, Department for Promotion Of Industry And Internal Trade (DPIIT), Ministry Of Commerce And Industry, Government Of India spoke of two sets of funding windows: the Seed Fund Scheme for early stage start-ups, and the Fund Scheme which is channelized through the Small Industry Development Bank of India (SIDBI) that leverages about Rs. 10,000 crores of government funding to various alternative investment funds (AIFs), to support startups that are already established.

At the India Digital Summit (IDS) 2024, Rajesh Kumar Singh, secretary, Department for Promotion Of Industry And Internal Trade (DPIIT), Ministry Of Commerce And Industry, Government Of India in a fireside chat with Prateek Maheshwari, co-chair, India Edtech Consortium and Co-founder, Physics Wallah, touched upon the government’s investment in digital and physical infrastructure, their plans to boost investments in the startup ecosystem and a lot more.

Naukri’s Hitesh Oberoi to new-age entrepreneurs: Generate revenue from customers than relying on investors

“Deep tech start-ups, particularly those leveraging fundamental technologies for innovation, show great promise for the future,” Info Edge's Hitesh Oberoi added, suggesting that tech companies were poised for significant growth.

At the India Digital Summit 2024, Hitesh Oberoi, co-promoter, managing director & chief executive officer of Naukri, spoke on the potential of tech companies, and the journey of Info Edge in a conversation with Neeraj Roy, founder & chief executive officer, Hungama Digital Media.

Google upgrades AI system for advertisers with Gemini models

1.5 Flash excels at summarization, chat applications, image and video captioning, data extraction from long documents and tables, and more. (Representative Image: Lauren Edvalson via Unsplash)

Google announced several new features to help advertisers scale and build high-quality assets — including bringing Gemini AI models into Performance Max.

Former Twitter engineers building AI-powered newsreader called Particle

The company says, Particle Media, Inc.(PMI in short) is intended to redefine the way users consume web contents. It is a technology-driven interest-oriented content portal, “Interest Portal” in short, which facilitates users to efficiently define and explore their interests, evolves users’ interest by continuously learning from their interactions with the contents as well as the social circles, and algorithmically delivers the most personally relevant contents with respect to users’ interests. (Representative Image: Roman Martyniuk via Unsplash)

Particle leverages AI to summarize the news, but also aims to do so in a way that fairly compensates authors and publishers.

Navigating the ever-evolving dynamics of content production for OTT

Alongside viewership growth, there has been a notable increase in ad impressions, with APAC and LATAM still showing triple-digit growth while EMEA experienced a 111% rise in HOV and a 119% increase in ad impressions.(Representative Image: Bastian Riccardi via Unsplash)

In India’s content production landscape, creators and producers often find themselves without
ownership or intellectual property (IP) rights for their work.