BlackRock has again reduced the valuation of its share in edtech firm Byju's - this time to about $1 billion, TechCrunch reported on Friday, citing disclosures made by the US-based asset manager. This is 95 per cent less than its peak valuation of $22 billion in 2022. The markdown comes at a time when the company is facing a multitude of challenges, including securing fresh capital, delays in financial reporting and legal disputes with lenders.
Why Facebook's 22-year-old CEO, Mark Zuckerberg, spurned Yahoo and Viacom to go it alone.
'We must all commit to sharing less nonsense and quarrelling less on social media.' 'We could use that time instead to meeting and speaking to our friends and family instead of 'liking' their posts.' 'Zuckerberg will be the poorer for that, but our lives will be so much richer,' says Rahul Jacob.
Mark Zuckerberg said the company believes in Net neutrality "very strongly".
Google's India-born head Sundar Pichai has come out in support of Muslims saying it is important to have a diverse mix of voices.
Meta Platforms Inc, the parent company of WhatsApp, will partner with Reliance JioMart for a service where WhatsApp users can buy groceries on the messaging platform from the Indian retail firm. Mark Zuckerberg, chief executive officer (CEO) of Meta Platforms, said in a Facebook post, "[I am] Excited to launch our partnership with JioMart in India. "This is our first-ever end-to-end shopping experience on WhatsApp--people can now buy groceries from JioMart right in a chat." "Business messaging is an area with real momentum and chat-based experiences like this will be the go-to way people and businesses communicate in the years to come," he said in an announcement coinciding with the annual general Meeting (AGM) of Reliance Industries the parent company of JioMart.
Internal documents at Facebook show "a struggle with misinformation, hate speech and celebrations of violence" in India, the company's biggest market, with researchers at the social media giant pointing out that there are groups and pages "replete with inflammatory and misleading anti-Muslim content" on its platform, US media reports have said.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Meg Whitman is the wealthiest women in the technology sector.
The Parliamentary Standing Committee on Information Technology, headed by senior Congress leader Shashi Tharoor, had called representatives of Facebook to hear their views "on the subject of safeguarding citizens' rights and prevention of misuse of social/online news media platforms including special emphasis on women security in the digital space," according to agenda of the meeting.
'If Threads doesn't become a distinct identity, and just a text version in the shadows of Instagram, then it may fizzle out.'
Mark Zuckerberg, founder and CEO of Meta, summed it up well as he explained the reason for the company sacking 13 per cent of its employees. He said no one predicted that the boom for digital services during the Covid pandemic would die out. "Many people predicted this would be a permanent acceleration that would continue even after the pandemic ended.
With 1.35 billion users of its Internet social network, Facebook Inc would rank as the world's second-most populous nation if it were a country.
Facebook's Mark Zuckerberg is at the second place.
Google will lay off 12,000 jobs across the globe, its CEO Sundar Pichai announced on Friday, becoming the latest tech giant after Microsoft, Facebook and Amazon to retrench staff en mass amid the global economic downturn. In an email to employees, the Indian-origin CEO said: "I have some difficult news to share. We've decided to reduce our workforce by approximately 12,000 roles." Pichai said the layoffs at Google were carried out after a "rigorous review" of its operations.
Others on the list include Warren Buffett and Astrid Menks.
The hacker group called OurMine Team has been posting messages on Quora through Pichai's account.
Sikka ranks 35th in the list.
Zonel Sougaijam, a 22-year-old civil engineer discovered a WhatsApp bug that violated the privacy of a user.
Mark Zuckerberg said the feature will be coming soon.
The Congress on Friday alleged that Facebook was being used as a weapon by the Bharatiya Janata Party to spread hate and fake news in the country and demanded that a joint parliamentary committee probe be conducted on the issue and laws be enacted to restrict Facebook and WhatsApp.
Here are the few candidates who are in contention for the readers' choice for Time magazine's 'Person of the Year' in 2016.
'Facebook's act is a gross violation of its own policy'
Mark Zuckerberg's pledge on Tuesday to give away most of his Facebook shares, a roughly $45 billion fortune, helps cement his role as one of Silicon Valley's most generous donors.
For well-travelled Modi, the first trip to the U.S. West Coast by an Indian leader in more than 30 years is a chance to get help on his top policy initiatives.
Representatives of Facebook India have been asked to appear on Friday before the Joint Committee on the Personal Data Protection Bill, 2019, chaired by Bharatiya Janata Party MP Meenakshi Lekhi, while Twitter officials are required to appear before the panel on October 28, as per the notice issued by the Lok Sabha Secretariat.
'What has happened at Byju's is no surprise to anyone.'
Google's Larry Page has emerged as the 'business person of the year' for 2014, edging past the likes of Alibaba co-founder Jack Ma and Facebook CEO Mark Zuckerberg, according to Fortune magazine.
The US on Wednesday announced tariffs on six countries, including India, that have imposed or are considering equalisation levy/digital services tax on e-commerce companies but immediately suspended the taxes for up to six months to provide additional time to complete the ongoing multilateral negotiations on international taxation at the OECD and G20. United States Trade Representative (USTR) Katherine Tai, in a statement, announced the conclusion of the one-year Section 301 investigations of Digital Service Taxes (DSTs) adopted by Austria, India, Italy, Spain, Turkey and the UK. "The final determination in those investigations is to impose additional tariffs on certain goods from these countries, while suspending the tariffs for up to 180 days to provide additional time to complete the ongoing multilateral negotiations on international taxation at the OECD and in the G20 process," the statement said.
He said that the whole world being robbed of creativity and ideas because so many people in India are not online.
Reliance chairman Mukesh Ambani has moved 2 ranks ahead this year on the most powerful list.
Every brand and company in India too will soon need a metaverse strategy, notes Sandeep Goyal.
Alibaba founder and executive chairman Jack Ma is this year's biggest financial gainer as the billionaire entrepreneur's fortune has swelled by a whopping $18.5 billion this year to $29.2 billion.
The tech creators, or the ones who made billions, asks Ajit Balakrishnan.
Apple Inc may have the best to offer in the near term.
When Facebook CEO Mark Zuckerberg asked Modi to tell some experiences from his life about his mother, the latter broke down.
From Twitter to Facebook to Spotify, everyone it seems is clambering aboard the social audio bandwagon. Neha Alawadhi reports.
At 21, Kylie Jenner became the youngest billionaire thanks to her make up empire.
Presenting tips and case studies about innovation, management, leadership, growth, technology and investment.
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