Digital – Page 6 – storyboard18

Shantanu Deshpande of Bombay Shaving Company says don’t judge Gen Z as ‘flippant and entitled’

The founder highlights a common mistake made by managers, including Deshpande himself, which involves imposing their value system on Gen Z employees.

The founder and CEO of Bombay Shaving Company highlighted common mistakes made by senior individuals in managing and nurturing Gen Z in the workplace, which often leads to inaccurate assessments.

Former Twitter execs, Parag Agarwal sue Elon Musk for over $128 million in severance

The executives said Musk showed “special ire” toward them after he took over Twitter in 2022. Musk also publicly vowed to hold back their severance to recoup about $200 million from the $44 billion deal, according to a lawsuit filed in federal court in northern California. (From left to right: Parag Agarwal and Elon Musk. Image source: Moneycontrol)

The executives said Elon Musk showed “special ire” toward them after he took over Twitter in 2022.

Apple slapped with $2 billion EU antitrust fine, following Spotify complaint

A ruling is likely to take several years and until then, Apple will have to pay the fine and comply with the EU order.

Spotify said, “While we are pleased that this case delivers some justice, it does not solve Apple’s bad behaviour towards developers beyond music streaming in other markets around the world.”

Anupam Mittal asks, “Is Google evil?”, as the battle between Google and Indian app developers rages on

Due to his early and substantial investment, Anupam Mittal eventually became the largest shareholder in Interactive Avenues. Subsequently, Sequoia Capital joined the venture. However, as the landscape grew more competitive over time, distinguishing viable opportunities from the noise became increasingly challenging, necessitating more thoughtful decision-making. (Image source: Moneycontrol)

After calling Google “the new Digital East India Co”, Anupam Mittal has again raised concerns about Google’s treatment of India app developers and the unfair terms it offers, with a question that’s inspired by Google’s famous tagline – Don’t be evil.

Elon Musk suing OpenAI: Vinod Khosla calls it a case of ‘sour grapes’, OpenAI execs’ memo rejects Musk’s claims

The report adds that the lawsuit filed late on Thursday in California Superior Court in San Francisco is a culmination of Musk's long-simmering opposition to the startup he co-founded. OpenAI has since become the face of generative AI, partly due to billions of dollars in funding from Microsoft. Musk went on to found his own artificial intelligence startup, xAI, launched last July. (From left to right: Elon Musk and Vinod Khosla. Image source: Unsplash)

Indian-American billionaire Vinod Khosla has said that Elon Musk suing OpenAI feels like a case of sour grapes.

Advertising spends in India to reach $16-17 bn in FY24: Redseer

Contrary to some assumptions, the majority of traffic to MFA sites is legitimate, with real users visiting these pages rather than bots. (Representative Image: Mathieu Stern via Unsplash)

Digital advertising market in FY2024 is expected to remain muted at a ~6-7 percent growth rate and reach US$ 8.8 – 9.3 bn in the fiscal, with global platforms such as Alphabet and Meta set to moderate their market share from ~62 percent in FY2023 to ~60 percent in FY2024.

IAMAI launches task force to combat Big Tech’s “abuse” of market dominance

In May last year, founders of several Indian startups raised their voices against the Internet and Mobile Association of India (IAMAI), flagging a lack of "credence" and claiming that the industry body was not representing their interests but favouring big tech. (Image source: Unsplash)

Led by Bharat Matrimony’s Janakiraman, industry body IAMAI’s task force will scrutinize Big Tech’s market dominance and advocate for regulations.

Meta shuts News tab in US, Australia; won’t renew news deals with publishers

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)

Meta said news makes up less than 3 percent of what people around the world see in their Facebook feed. It won’t enter into new commercial deals for traditional news content in these countries, and will not offer new Facebook products specifically for news publishers in the future.

Meta to deprecate Facebook News tab in Australia, the US

The Mark Zuckerberg-led company said the FTC has failed to meet its burden to present evidence establishing a relevant antitrust market and proving that it has included all reasonable substitute services in its market definition. (Representative image by Dima Solomin via Unsplash)

In early April, Meta will deprecate Facebook News, a dedicated tab for news content, in the United States and Australia, after 80 percent drop in users of News tab. News makes up less than 3 percent of what people around the world see in their Facebook feed.

AI-led disinformation, Elections: Meta to set up a task force to combat misinformation

Meta also rolled out reels on Facebook in 2022, allowing users to create and watch videos clips from creators. One could also view public reels from Instagram, if the creator chooses to recommend it on Facebook. (Image source: Unsplash)

Meta has also launched a safety campaign ‘Know What’s Real’, in India, to tackle the issue of misinformation online.