January 2024 – Page 11

McDonald’s India chooses sustainability; repurposes OOH campaign material to make school bags

McDonald’s India North and East is creating out-of-home advertising and recognises that billboard vinyl, which is made of non-biodegradable polymers, contributes significantly to plastic waste.

By partnering with the NGO Child Survival India, McDonald’s has distributed over 2000 upcycled bags to children aged 5 to 18 years.

Samina Hamied to step down from Cipla

Samina Hamied started her career with Goldman Sachs at the investment management division. She rose to become the division’s associate and also looked after consultant relations.

Samina Hamied worked as the executive vice chairperson.

Zee Studios hits pause on new films: Report

But, the two big movies for Zee5 this year, Kangana Ranaut's 'Emergency' and Ajay Devgn's 'Maidaan' are witnessing work moving in full force. Zee5, the OTT platform of Zee, has plans of acquiring more series in regional languages in 2024. (Image source: Moneycontrol)

Following the collapse of the Zee-Sony merger, Zee Studios has hit pause on new films, as per reports.

Digital news publishers body seek regulatory amendments for fair compensation and revenue sharing in India

The amendments, according to Sujata Gupta, secretary at DNPA, would guarantee an opportunity to ensure that any company or Large Language Model (LLM) that uses data also appropriately compensates the sources providing the content or data. (Image Source: Unsplash)

Developments on discussions between the ministry and the digital news publishers’ association were first reported on Storyboard18 in December 2023.

FTC to investigate deals between tech giants and Generative AI companies

The recent decision was taken under the provisions of the Information Technology Act, 2000 in consultation with other Ministries and Departments of the Government of India, and domain experts specializing in media and entertainment, women's rights, and child rights. (Representative Image: Emily Morter via Unsplash)

They included Microsoft and Open AI, Amazon, Alphabet, and Anthropic PBC.

Good Glamm to close its funding round after deal with Karan Johar’s Dharma Productions

Dharma might be the first of many such tie-ups for the nine-year-old Good Glamm. (Image source :Moneycontrol)

The D2C startup, last valued at $1.2 billion in November 2021, is trying to build both its brands and bottom line in its final lap before the IPO.

Flipkart to layoff 1000 employees as part of annual performance review exercise

Krishnamurthy added that the company has no ambitions to be a large payment or fintech company with its financial services foray. (Image source: Flipkart)

Flipkart initiates these performance-based job cost cuts every year and the fresh reduction in workforce is along those lines, too.

Publicis Groupe plans to invest 300mn euros over 3 years to become an “Intelligent System”

The Ministry of Information Technology is actively working alongside all relevant ministries for the project. (Representative image by Steve Johnson via Unsplash)

Publicis is infusing a layer of AI across its platform organization to connect its enterprise knowledge under one entity: CoreAI.

Bhavish Aggarwal’s Ola targets 1 billion customers, to scale up EV 2-wheeler ride-hailing

With this, the company aims to nurture the young and bright minds of our nation that will contribute to India’s journey to becoming a global leader. (Image source: CNBC-TV18)

Bhavish Aggarwal, the Founder of Ola, sees electrification as a game-changer for ride-hailing. He said Ola has already seen early success with the launch of e-bike services in Bengaluru in September, 2023.

Data of 750 million Indian mobile users stolen in alarming cybersecurity breach

The threat actor, CyboDevil, has provided an elusive response regarding the acquisition of the datasets, denying any involvement in a breach and claiming to have obtained the data through undisclosed asset work within law enforcement channels. (Representative Image: Towfiqu barbhuiya via Unsplash)

The database, totalling a staggering 1.8 terabytes, contains sensitive information belonging to 750 million individuals, including names, mobile numbers, addresses, and Aadhaar details. This revelation poses a substantial risk to the security of both individuals and organisations.