Spotify layoffs: Audio streaming service to cut 17% of workforce globally

Spotify India's Amarjit Singh Batra stated, "At Spotify, we are making it easy for them by working on plans and offers which suit everybody. From monthly offers to annual offers, they are priced very competitively. We have offers and products like Duo which is for two people. We have products like family plans which are for multiple people in the household. There are student plans also." (Image source: Moneycontrol)

Spotify layoffs: The company is going for layoffs despite posting a notable operating profit of €32 million in Q3 2023, marking its first profitable quarter in the last two years.

Book My Makeup launches AI-driven social commerce beauty services platform

The brand’s target demographic is Indian women in the age group of 18-24 years, “who prioritise innovation and quality at accessible price points”, he added.(Representative Image: Freestocks via Unsplash)

By embracing technology, Book My Makeup introduces features like augmented reality makeup trials, virtual consultations, and customized beauty recommendations, making beauty services more engaging, personalized, and convenient for users.

Indian advertising industry’s go-to man Shashi Sinha revisits his four-decade long career

Shashi Sinha, CEO of IPG Mediabrands India, gives his distilled take on the report's key findings and what he thinks will be the biggest disruptor for India's media and entertainment industry.

Sinha, who has spent nearly four decades in the advertising industry, is a seasoned professional who has dedicated the majority of his career to a single agency group: Interpublic Group (IPG). The listed American advertising company is the parent of major agencies such as FCB, McCann and IPG Mediabrands, among many others. In a leadership trajectory spanning 25 years, Sinha progressed from being the head of media at FCB Ulka to CEO of all media units under IPG Mediabrands India in 2013.

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.

Subhash Chandra turns 73; a look at his life and times

The Zee-Sony merger announced in December 2021 is set to create a media powerhouse worth $10 billion. (Image sourced via Forbes India)

Under Chandra’s leadership, the Zee TV network has grown exponentially. It today consists of 90 channels that reach around 1.3 billion people spanning 174 countries.

The human mind is the most powerful tool to ever exist: Infosys’ NR Narayana Murthy

For a company like Infosys, the only insurance it has is the ability to innovate. Murthy said that as long as CEOs encourage such thinking among employees, then one need not worry about ChatGPT. (Image sourced from Forbes India and YouTube)

N. R. Narayana Murthy, co-founder and chairman emeritus, Infosys and Nikhil Kamath, co-founder, Zerodha about AI technologies gaining prominence and if and how it will cause a disruption to businesses.