Khosrowshahi said that the company had to make some difficult decisions, including layoffs, and had to change its approach and strategy.
Pfizer partners with Publicis; launches AI platform Charlie
With the assistance of Publicis Groupe and the foundational technology of Marcel’s AI platform, Charlie has been designed to serve as a central nucleus for content creation, editing, fact-checking, and legal reviews, BNN Breaking stated.
Aditya Birla Group launches paints business Opus; aims for Rs 10,000 crore gross revenue within 3 years
Kumar Mangalam Birla, chairman of the Aditya Birla Group, said the company aims to secure a profitable second position in the market in the coming years.
Reddit signs $60 million deal allowing Google to train AI models on its content
The expanded partnership with Reddit does not change Google’s use of publicly available, crawlable content for indexing, training, or display in Google products, the search giant said this week.
WPP profits drop as clients in tech cut ad spending; Reports flat Q4 revenues
The tech and digital services sector, which accounts for 17.5 percent of WPP revenues, fell 6.9 percent during 2023.
2023 music genre ad volumes surge by 3 percent: TAM
Reckitt Benckiser and HUL retained their first and second positions as top advertisers for 2023.
Samir Shah: Meet the BBC’s first Indian-origin chairman
The 72-year-old has now been confirmed in the four-year term role and will take charge as the UK’s public broadcaster BBC’s first Indian-origin Chair.
My11Circle, RuPay, Angel One join IPL 2024 sponsor roster
Following Tata Sons’ title win, IPL has added another Rs 1,485 crore in new sponsorships.
Ikea India closes a Mumbai city-format store; cites viabilty issues
The company had opened the store two years ago as a city-format store.
Byju’s founder Byju Raveendran, wife Divya Gokulnath, brother Riju Raveendran, won’t attend EGM: Report
Troubled edtech firm Byju’s founder Byju Raveendran and the company’s other board members Divya Gokulnath and Riju Raveendran, won’t attend EGM called by the company’s investors to oust them.