Both sports and digital will drag down the healthy operating margins that entertainment television continues to make.
After job cuts at Twitter, Facebook's parent company Meta is planning to begin "large-scale layoffs" this week in what could be the largest reduction to date at a "major technology corporation in a year that has seen a tech-industry retrenchment," a media report said.
Several users of Meta's Facebook are complaining losing majority of their followers on the social media platform due to unknown reasons. Meta founder and CEO Mark Zuckerberg has lost over 119 million followers which has brought down his follower count to below 10,000.
'If Threads doesn't become a distinct identity, and just a text version in the shadows of Instagram, then it may fizzle out.'
In a post on Truth Social, Trump responded by saying: "FACEBOOK, which has lost Billions of Dollars in value since "deplatforming" your favorite President, me, has just announced that they are reinstating my account. Such a thing should never again happen to a sitting President, or anybody else who is not deserving of retribution."
Call Me Bae is a spirited new addition in guilty pleasures for the fashion-loving, rom-com starved soul, applauds Sukanya Verma.
The Delhi high court has ordered removal of social media posts by Congress leaders Jairam Ramesh, Pawan Khera and Ragini Nayak alleging that veteran journalist Rajat Sharma used 'abusive language' during his show on the Lok Sabha election result day.
Social media giant Meta on Thursday said its India head Ajit Mohan has resigned from the company.
Investors' desire for companies to prioritise returning cash to shareholders through share buybacks, dividends or mergers and acquisitions (M&A) is at the highest level since July 2015, said a survey by BofA Securities (BofA). Nearly 30 per cent of respondents wanted companies to do so. As many as 226 respondents with $572 billion worth of assets under management (AUM) participated in the March fund manager survey (FMS), said BofA.
The clashes broke out this morning when protesters attending a non-cooperation programme to demand the government's resignation faced opposition from the supporters of the Awami League, Chhatra League, and Jubo League activists.
The US market has been a standout performer this year, with the benchmark Standard and Poor's 500 (or simply the S&P 500) gaining over 16 per cent during the first half of calendar year 2023 (CY23) in what was its best first-half show since 2019. By comparison, India's National Stock Exchange Nifty 500 has gained 6.4 per cent. On the surface, it appears that the US markets have done exceedingly well. However, a deeper analysis reveals the gains in the domestic market to be more well-spread.
WhatsApp Pay India Vinay Choletti has resigned just after four months he was elevated to the position, according to his details on a professional social media platform. Choletti's resignation is the fourth high-profile exit in about one and half months from Meta in India after its country head Ajit Mohan stepped down in November. After Mohan, WhatsApp India head Abhijit Bose and Meta India Public Policy Head Rajiv Aggarwal also resigned from the company last month.
The actress has been named as accused number one in the case, allegedly for being the instigator, while Darshan is accused number two, who allegedly executed the murder.
'It was the early days of my 5th standard school vacation, and my mother asked me, 'Robotics classes or swimming classes for the weekends?' I chose robotics classes because technology fascinated me.'
A 14-year-old boy was made to lick shoes and perform 'unnatural sex' on three of his friends, who also recorded the act and put its video on social media, in south Delhi's Hauz Khas area, police said on Monday.
Meta, which owns the popular messaging app, said it has fixed the glitch, and the service was back.
'Today's engineering graduates have to learn the skills to solve problems which is actually a higher order skill.'
The senior IPS officer said that 45 percent of cyber financial frauds taking place in the country are originating from the South East Asia.
Nineteen per cent of global fund managers remain bullish on India, suggests the latest BofA Asia Fund Manager Survey (FMS). A total of 249 panelists with $656 billion worth of assets under management (AUM) participated in the survey between February 2 and 8, BofA said. Two hundred and nine participants with $568 billion AUM responded to the global FMS questions, while 145 participants with $331 billion in AUM responded to the regional fund manager survey (FMS) questions, BofA said.
The government asked digital platforms to provide technical and business process solutions to prevent and weed out misinformation that can potentially harm society and democracy, Union Minister Ashwini Vaishnaw has said.
Entities may be given about a year to tune their systems to comply with norms of Digital Personal Data Protection Act, 2023, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. Speaking to reporters on the sidelines of consultation with the industry, Chandrasekhar said the Data Protection Board and guidelines for the eight rules, including consent management, will be put in place within a month. "Industry wants some more time for age-gating, different timelines for transition for different data fiduciaries.
The government wants a collaborative model with a public-private partnership to fact-check social media content.
'With free software on the Internet and apps, creating a deepfake video can take 3 to 5 minutes. Anyone can make these videos.'
'When Bad Newz was given to me to direct, the first thing I did was go back to my childhood.' 'It's an ode to Hindi cinema.'
'The estimated expenditure is expected to be more than double the Rs 60,000 crore spent in 2019'
The complaint was filed for various offences punishable under sections 420 (cheating), 468 and 469 (forgery), 471 (fraud), 500 (defamation) r/w 120B (criminal conspiracy) and 34 (criminal act) of the Indian Penal Code.
WhatsApp had banned 2.9 million accounts in January, 3.6 million accounts in December and 3.7 million accounts in November.
'This Lok Sabha election is more of a trial for GenAI content.'
On November 10, an FIR was registered under Indian Penal Code sections 465 (punishment for forgery) and 469 (forgery for purpose of harming reputation) and sections 66C and 66E of the Information Technology Act at the Intelligence Fusion and Strategic Operations (IFSO) Unit of the Delhi Police's Special Cell.
Indian shoppers accounted for 13 per cent of the total hours spent by mobile users across the globe on their shopping apps in 2023, next only to China in this regard. According to the "State of Mobile -2024" report released a few days ago by data.ai (previously known as App Annie), which looks into various segments of the app economy across the world, in the last calendar year, users in India collectively spent 12.84 billion hours on shopping apps. This represents an increase of over 73 per cent from the time they spent in 2020 and of more than 3.5 per cent over 2022.
Following their goalless draw against Manchester United, Southampton defender Kyle Walker-Peters was racially abused online and the club notified the police.
The government will investigate a claim that WhatsApp accessed the microphone of smartphone users while the phone was not in use, Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said on Wednesday.
The high court of Karnataka has orally warned Facebook (Meta) that it may order its operations in India to be shut down if it does not cooperate with police investigation over a fake profile.
Just last week, Altman presented OpenAI's new roadmap to enthusiastic developers at the company's inaugural conference.
As large-scale layoffs begin at Facebook's parent company Meta, employees on work visas such as H-1Bs are now faced with uncertainty over their immigration status, with CEO Mark Zuckerberg acknowledging "this is especially difficult if you're here on a visa" and offering support to those impacted. Meta announced that it is laying off 11,000 employees or 13 per cent of its workforce, with Zuckerberg describing it as "some of the most difficult changes we've made in Meta's history." US-based technology companies hire a large amount of H-1B workers, the majority of whom come from countries such as India.
Any candidate who can present a compelling resume is quite likely to outshine others who are in line for the same job, says Raj Tanwar, HR head, Advantage Club, a global employee engagement platform.
Alphabet, the parent company of Google, is likely to join the list of Big Tech companies going for large-scale layoffs. With this, almost the entire universe of FAANG - acronym for Facebook, Amazon, Apple, Netflix and Google - has now come under the layoff turbulence hitting tens of thousands of tech jobs around the world. Reports surfaced on Tuesday about the Mountain View (California)-headquartered tech giant planning to fire around 10,000 employees.
Many ethical, competent corporate leaders aspire to join public life today. However, the transition to politics is far from easy, observes Indrajit Gupta.
The content 'actioned' belonged to categories including bullying and harassment, violent and graphic content, adult nudity and sexual activity, child endangerment, dangerous organisations and individuals, and spam, among others.
The top 25 global technology (tech) firms, including Apple, Microsoft, Amazon, Tencent, Samsung, Oracle, and Accenture, collectively lost over $600 billion in market capitalisation (m-cap) during the July-September quarter (third quarter, or Q3) of calendar year 2023 (CY23), reveals a recent report by GlobalData, a London-based analytics and consulting company.
