Digital – Page 29 – storyboard18

Pritish Nandy Communications unveils new shows despite ₹36.52 lakh Q3 loss

PNC has several new series and films in development at its creative studio. The company remains committed to expanding its storytelling in India and globally, despite the recent financial setbacks.

For Q3, the company reported an income of ₹326.36 lakh but recorded a post-tax loss of ₹36.52 lakh.

Tamil Nadu vs RMG Industry: Fourth legal battle over online gaming restrictions

Haryana cracks down on gambling

TNOGA Chairman Mohammed Nasimuddin had stated that preliminary survey analysis suggests that about 20 percent of students in the state are addicted to online games.

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.

AI-driven national consumer helpline sees exponential growth, enhancing grievance redressal across sectors

With NCH’s AI-driven, sector-specific analysis, these convergence partners can now act more effectively and efficiently in resolving consumer issues, thereby enhancing consumer trust and satisfaction.

Consumers can utilize the National Consumer Helpline via a toll-free number 1915 or on web portal.

Meta rolls out AI-driven tools to revolutionize ad campaign performance

The layoffs have hit Oculus Studios—the arm responsible for virtual and augmented reality gaming on Meta’s Quest headsets.

New enhancements including Opportunity Score, Advantage+ Sales, and Leads campaigns promise real-time insights and full automation for advertisers worldwide.

Amazon’s ad revenue surged 18%, reaching $17.3 billion in the fourth quarter

Amazon Fashion sees surge in GenZ shoppers

“When we look back on this quarter several years from now, I suspect what we’ll most remember is the remarkable innovation delivered across all of our businesses,” said Andy Jassy, President and CEO, Amazon.

‘Zomato is an accidental company’: Read Deepinder Goyal’s full letter to shareholders on Zomato’s rebrand to ‘Eternal’

Zomato’s founder Deepinder Goyal said, “This isn’t just a name change; it is a mission statement,” as the board approved the company’s new name – Eternal.