December 2023 – Page 34

Amazon India begins its top level restructuring process: Report

This change is the first in a decade of its existence in India. (Representative Image: Christian Wiediger via Unsplash)

These changes are being initiated at a time when Noor Patel, one of the senior executives at Amazon India who heads category management is shifting her base to the US.

X CEO Linda Yaccarino addresses explicit comments Elon Musk hurled at advertisers

Starlink applied for a global mobile personal communication by satellite services (GMPCS) licence in 2022. With this, it will become the third company – after Jio Satellite Communications and OneWeb – to get this licence. (Image source: Moneycontrol)

Disney, Apple, IBM, Comcast, Warner Bros. Discovery, Paramount Global and Lions Gate Entertainment pulled ads from X earlier in November after Musk said he agreed with a social media post accusing “Jewish communities” of pushing “hatred against whites.

Meta says there’s been no major drawbacks to openly sharing its AI technology

Over the last eight years, Meta says it has rolled out industry-leading transparency tools for ads about elections or politics, developed comprehensive policies to prevent election interference and voter fraud, and built the largest third party fact-checking programme of any social media platform to help combat the spread of misinformation. (Representative Image: Dima Solomin via Unsplash)

Over the past few months, Meta has been releasing open-source versions of its large language models — the technology behind AI chatbots like ChatGPT.

Nykaa’s Falguni Nayar becomes top woman entrepreneur in ‘India’s Top 200 Self-made Entrepreneurs of the Millennia 2023’

Falguni Nayar also spoke about D2C brands and the evolving consumer behavior, stating that “D2C brands have the advantage of being quick-to-market and agile to adapt to changing trends – all while solving real consumer problems." Of the new D2C brands over the last few years - 44 percent have emerged in fashion & beauty. (Representative Image via Moneycontrol)

Kaivalya Vohra, 21, the founder of grocery delivery app Zepto, is the youngest entrepreneur on the list.

Criticality and context of content matters a lot while taking down misinformation from YouTube: Timothy Katz

YouTube is the largest OTT player in India with around 467 million users and a reach of 90 percent. (Representative image by Christian Wiediger via Unsplash)

YouTube is focussing on a four Rs (remove, raise, reduce, reward) framework to ensure the quality and credibility of content on the platform

Disney’s CEO Bob Iger to step down by end of 2026

The biggest concern for the entertainment giant is to figure out Iger’s succession plan. Iger has already extended his tenure by almost two decades.

Bob Iger returned as the CEO of Disney in November 2022, replacing Bob Chapek.

Almost one-in-five of all global mobile subscriptions will be 5G subscriptions by the end of 2023: Report

Total mobile data traffic is estimated to grow threefold between the end of 2023 and end of 2029 - attributed to factors such as improved device capabilities, an increase in data intensive content and continued improvements in the performance of deployed networks. (Representative image by Mika Baumeister via Unsplash)

Smartphone subscriptions in India as a percentage of total mobile subscriptions are expected to grow from 82 percent in 2023 to 93 percent in 2029.

Rapido comes up with “5 Nahi Toh 50” campaign to address frustration of customers

Stills from the ad

The ad campaign, featuring female protagonists, introduces Rapido Auto as the solution in a series of three ads.

November Auto Sales Preview: 2-wheelers to make a comeback, passenger vehicles in slow lane

The downturn was influenced by heavy discounting and selective financing further affected by economic worries and the electoral climate.

The passenger vehicle segment will continue to see muted growth on the back of slower growth in the small car segment, while the two-wheeler wholesale segment is expected to grow 25 percent year-on-year.

Whirlpool Corporation plans to sell up to 24 percent stake in Indian arm next year

Whirlpool Corporation asserted that it continues to see India as a significant marketplace for growth and an integral part of its growth strategy and it "remains committed to expand the business with new product launches and the recently acquired Elica India business." (Image source: Moneycontrol)

On November 30, 2023, Whirlpool Corporation announced its intention to enter into one or more transactions to sell up to 24 percent of its ownership interest in Whirlpool of India Ltd in 2024, the company said in a regulatory filing, which was shared on BSE by Whirlpool of India.