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.

Quint Digital shuts down Hindi website, sells YT channel for Rs 39.5 Lakh

On Friday, Quint Digital Limited completed the acquisition of a 77.5% stake, on a fully diluted basis, in Shvaas Creations Private Limited.

Quint Digital Limited first informed the regulator on June 15, 2024, about discontinuing its Hindi website, stating that The Quint would pivot entirely away from a commoditized news/video offering.

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ED raids Eros International Mumbai office in ₹2,000 crore forex violation case

The investigating agency stated that the probe was initiated based on a Securities and Exchange Board of India (SEBI) investigation into the Eros Group and its promoters

In a statement, the Enforcement Directorate (ED) said the searches were part of an ongoing probe into alleged “fund diversion” by Eros International Media Ltd and other entities within the Eros Group.

Ratan Tata’s will shocks inner circle with Rs 500 crore bequest to a mystery man

It has been revealed that the renowned industrialist has bequeathed a third of his residual assets—estimated by some sources to be in excess of Rs 500 crore—to Mohini Mohan Dutta.

In a stunning revelation, the late Tata Emeritus has allocated a third of his residual assets to Mohini Mohan Dutta—a travel industry entrepreneur whose close ties with the titan were known only to a select few.

Patanjali misleading ads case: Baba Ramdev, Acharya Balkrishna move Kerala Court to recall non-bailable warrant

The arrest warrant was issued against Baba Ramdev and Acharya Balkrishna over them failing to attend a court hearing scheduled earlier this month.

On February 3, Kerala Court issued non-bailable warrants against Baba Ramdev and Acharya Balkrishna over alleged misleading advertisements linked to Divya Pharmacy, a subsidiary of Patanjali Ayurved.

Electric vehicles adex share in auto sector set to climb 50%

The rise in EV advertising can certainly provide a boost to the auto sector’s overall ad spends, say experts.

As competition intensifies, coupled with government incentives and infrastructure development, experts anticipate the battery electric vehicles to help the auto sector ad spends grow substantially, with its share increasing to over 50% in the next two years.