Media – Page 218 – storyboard18

Elon Musk’s X facing an exodus of employees

A report from Business Insider indicated that the resignations include senior as well as junior employees. The staff began leaving as shortly after X handed bonus checks earlier in November said the report. (Image sourced via Forbes)

The micro-blogging platform is currently operating with a skeleton staff at its office as its advertising division continues to lose money.

IDBI trusteeship files appeal against Subhash Chandra at NCLAT

Zee Entertainment Enterprises Ltd (ZEEL) has reportedly sold its prime real estate asset in Hyderabad’s upscale Jubilee Hills area for Rs 99.3 crore.

The appeal challenges the NCLT Mumbai’s order, which dismissed ITSL’s claim and approved the merger of Zee and Sony.

PIB fact check unit takes down nine YouTube Down channels spreading fake news

Vice will be transitioning to a studio model, following the cancellation of its "Vice News Tonight” TV program and other layoffs before Vice filed for bankruptcy. (Representative Image: Markus Winkler via Unsplash) (Representative Image: Markus Winkler via Unsplash)

Since December 2022, PIB has exposed 26 such YouTube channels which regularly published false information on YouTube.

Central Consumer Protection Authority issues guidelines to provide for the prevention and regulation of dark patterns

As per the guidelines, in case of ambiguity or disputes, the Central Consumer Protection Authority will have the final authority. (Representative Image: Eilis Garvey via Unsplash)

The guidelines are applicable to all platforms offering goods or services in India, including advertisers and sellers.

IPL media rights value to reach $50 billion in 2 decades, predicts league chief

The positive growth in media stocks is not limited to those in the print media. TV companies, cable TV distribution companies and listed multiplex chains have all benefited in the last one year. (Image source: News18)

IPL is the best Make in India brand we can think of post-independence and is the most-watched cricket league in the world, said Arun Dhumal.

Leadership battle in Zee-Sony merger: Will it be Goenka or Singh, given governance & regulatory concerns

In August this year, days after the NCLT (National Company Law Tribunal) approved the Zee-Sony merger, SEBI (Securities and Exchange Board of India) issued an order preventing Goenka and his father Subhash Chandra from assuming any significant management roles in Zee companies or the newly-merged entity. (From left to right: Punit Goenka (Image source: News18 Hindi) and NP Singh)

The fight for the top job in the merged entity puts a question mark on not just the merger details, but also the corporate governance of a listed company.

Cristiano Ronaldo faces lawsuit over association with Binance

With over a billion followers across his various social media accounts, Ronaldo remains the most-followed athlete in the world. (Image sourced via Forbes)

A class-action lawsuit has been filed against CR7 in the USA seeking $1 billion in damages for his association and promotion of Binance.

Elon Musk slams advertisers for pulling out of X

Musk acknowledged the storm, admitting his government commitments have distracted from Tesla operations.

Musk did acknowledge that a continued cold-shoulder from brands could possibly bankrupt X but suggested that people would blame brands for the bankruptcy and not him.