Facebook's parent company Meta announced on Tuesday it will fire another 10,000 people, implementing a second round of jobs cuts after it slashed 11,000 positions in November last year, to improve its financial performance in a "difficult environment". Meta founder Mark Zuckerberg said in a post that overall "we expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven't yet hired." The company has said that in its "Year of Efficiency", the company aims to make itself "a better technology company and to improve our financial performance in a difficult environment so we can execute our long-term vision."
More Indians start car shopping online, pushing automakers and dealers to respond quickly, train staff, and use AI to turn clicks into showroom visits.
US media reports that Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, could be the latest technology giant to downsize its workforce have triggered trepidation among its 300-400 employees in India, according to people familiar with the matter. "We have not heard much about the impact (of downsizing) on India. "It's a wait-and-watch situation. Certainly, there is uncertainty," said a source.
India is seeking either an exemption or a longer timeline on the pharmaceutical tariffs, expected to kick in by July 31.
The young star kid is all set to make his big fat debut in the OTT series, The Ba***ds of Bollywood.
Social media platform Meta has appointed Vikas Purohit as Director of Global Business Group in India to lead the strategy and delivery of the charter that is focused on the country's leading advertisers and agency partners, the company said on Monday. Purohit will report to Arun Srinivas, director and head of ads business for Meta in India, it said in a statement. "I am thrilled to welcome Vikas as he joins our team to shape the role that Meta platforms can play in enabling businesses, supporting India's economic growth, and building the digital advertising ecosystem of the country," Srinivas said.
Reliance holds 67.03% of Jio Platforms Limited and the public listing would provide an exit to many investors.
The Trump administration has announced a massive increase in H-1B visa fees, imposing a $100,000 annual charge that will fundamentally alter how American companies hire skilled foreign workers, particularly impacting Indian IT professionals who comprise the largest group of beneficiaries.
'Techies who did a master's there and moved to US companies look down on Indian companies who they consider as just doing body shopping.'
Reliance Jio, India's biggest telecom operator, is planning to launch an initial public offering (IPO) and listing on bourses in the first half of 2026, billionaire Mukesh Ambani said on Friday. Jio is currently a unit of Reliance Industries Ltd, India's most valuable company.
Reels often induce the FOMO-'Act now!' mentality. But sound investing is about consistency, diversification and a long-term horizon.
'The Bhashini Mission has delivered a working technology at large scale, which is as good as or better than the one with MNC tech giants.'
While India has become the largest data generating nation, and hosts more than 152 data centres, it is fed by only 18 undersea cables.
At 250 million unique visitors a month, MX Player has for long been in the same bracket as YouTube (454 million) and Meta (324 million) in reach.
Shift from producing graduates proficient in analysis and strategy to producing graduates capable of initiating, executing, and scaling impactful actions in real-world environments, points out Ajit Balakrishnan.
Seeking an apology from social media giant Meta for 'tarnishing' India's image, Bharatiya Janata Party MP Nishikant Dubey, who heads the Parliament's Standing Committee on Communications and Information Technology, said on Tuesday that the panel will summon the firm following its chairman's comments that India's ruling dispensation lost the Lok Sabha election last year.
The change comes with a new logo designed like an infinity-shaped symbol, slightly askew, almost like a pretzel.
Facebook parent Meta announced on Wednesday to slash around 11,000 jobs as a part of mass layoffs to cut expenses and transform its business model. As the tech industry is slashing jobs, Meta too announced layoffs. "We are also taking a number of additional steps to become a leaner and more efficient company by cutting discretionary spending and extending our hiring freeze through Q1," said Meta CEO Mark Zuckerberg in a statement on Wednesday.
The Editors Guild of India on Friday said it was 'disturbed' by the recent turn of events with respect to reports published by news portal The Wire on Meta and urged newsrooms to 'resist the temptation of moving fast on sensitive stories'.
Union minister Ashwini Vaishnaw countered Facebook founder Mark Zuckerberg on Monday on his claim that after the COVID-19 pandemic, most incumbent governments, including the one in India, lost elections in 2024, asserting that his statement was 'factually incorrect'.
'Given the proportion of the global leak, it is very likely that the data of Indian citizens might be on the dataset.'
A Reuters report stated that the high-profile meeting reflects Ambani's growing influence in global business and diplomacy. Over the years, Qatar Investment Authority (QIA), the country's sovereign wealth fund, has invested in several Reliance ventures.
The company took action on over 1.95 crore pieces of content on Facebook and 33.9 lakh pieces of content on Instagram, according to the data shared in the report.
When asked about Prahar Janshakti Party leader Bachhu Kadu's hunger strike, Fadnavis said district guardian minister Chandrashekar Bawankule will speak to him.
Facial Recognition Technology will be deployed to counter celebrity-bait scams.
The richest Asian Mukesh Ambani is flying to Doha to meet US President Donald Trump, his second meeting since Trump returned to presidency in January this year.
Meta announced a first-of-its-kind initiative called 'WhatsApp Bharat Yatra', where the company will go to Tier-II and Tier-III cities to provide on-ground, in-person training to small businesses.
More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar.
They don't just want better returns -- they're looking for global opportunities, more variety and smarter ways to grow their money, says Soubho Moulik, CEO, Appreciate.
IIT Kanpur has announced a breakthrough in stealth technology, which would make tanks and fighter aircraft invisible, or near-invisible to enemy radar.
Across the board, brands use influencers like a Bhuvan Bam or Kusha Kapila as the second or third rung of their strategy. The first rung is always a celebrity that has been created outside the Internet, through mainstream media.
US President Donald Trump shared a video link of Prime Minister Narendra Modi's interaction with US-based popular podcaster and computer scientist Lex Fridman on his social media platform Truth Social. During the interaction lasting over three hours, Modi on Sunday said he and Trump connect well as both put their respective countries first and asserted that their mutual trust remained unshaken even when the Republican leader was out of office during Joe Biden's presidency. Modi recalled that during Trump's first term, he ignored security protocol and agreed to Modi's request to take a lap around the stadium hosting the 'Howdy Modi' event in Houston. Modi also lauded Mahatma Gandhi's legacy and described himself as a peacemaker who has nudged both Russian and Ukrainian leaders to come to the negotiating table. In the podcast, Modi also opened up on a host of foreign affairs issues and touched on various aspects of his life journey.
Tech billionaires shadowed US President Donald Trump at the inauguration on Monday.
Billionaire Gautam Adani's younger son Jeet will wed next month in a simple and traditional ceremony, without any pomp and show and celebrity stars. Adani, on Mahakumbh pilgrimage with his family, scorched speculations of a star-studded wedding of his son Jeet with Diva Shah, daughter of Surat diamond merchant Jaimin Shah. "It will be a very simple, traditional marriage... just like common people," he told reporters in Prayagraj.
It was an aha! moment to spot India's leading industrialist at the service at St John's church ahead of Trump's inauguration, and then to see him heading to US Capitol Hill Rotunda for the inauguration in the company of the Big 4 - Tim Cook of Apple, Jeff Bezos of Amazon, Sundar Pichai of Google and Mark Zuckerburg of Meta/Facebook.
Amid challenging market environment, Maruti Suzuki India and Mahindra & Mahindra reported an increase in vehicle dispatches to dealers last month while Tata Motors and Hyundai saw a year-on-year drop in sales.
As per the report released on Monday, the over 26.9 million content pieces actioned by Facebook during September included content related to spam (20.3 million), violent and graphic content (3.4 million), adult nudity and sexual activity (2.4 million), and hate speech (182,200).
News portal The Wire has filed a police complaint against its former consultant Devesh Kumar in connection with a 'fabricated' story related to the BJP's IT department head Amit Malviya, a senior police officer said.
India's demographic advantage and diverse economic landscape position it uniquely to benefit from AI, the Economic Survey for 2024-25 tabled in the Parliament on Friday afternoon asserted. However, achieving these benefits requires significant investments in education and workforce skilling, supported by enabling, insuring, and stewarding institutions, the state of the economy report tabled by Finance Minister Nirmala Sitharaman said.
The Delhi High Court has ordered the removal of a YouTube video by YouTuber Shyam Meera Singh alleging misconduct against spiritual guru Sadhguru's Isha Foundation. The court found the video's title "clickbait" and restrained Singh from further publishing allegations against the foundation. The court also directed X (formerly Twitter), Meta and Google to remove the alleged defamatory content.
