Meta has announced the appointment of Sandhya Devanathan as the Vice President of Meta India. Devanathan will focus on bringing the organization’s business and revenue priorities together to serve its partners and clients while continuing to support the long-term growth of Meta’s business and commitment to India, it said inContinue Reading
Confronted by a crypto crisis he helped spark, former FTX.com Chief Executive Officer Sam Bankman-Fried is tweeting through it. On Wednesday, he added a further 18 tweets to a meandering thread he started at the beginning of the week. The posts, published at sporadic intervals, have combined apologies for hisContinue Reading
Bloomberg | | Posted by Yamini C S Fairfax India Holdings Ltd. is considering an initial public offering for Bangalore International Airport Ltd. that could value the asset at about 300 billion rupees ($3.7 billion), according to people familiar with the matter. The Indian arm of Canadian investment group FairfaxContinue Reading
After a spree of layoffs, policy overhauls and controversial changes in the platform, billionaire Elon Musk said on Wednesday that he will “reduce his time at Twitter and eventually find a new leader” to run the social media behemoth. “There’s an initial burst of activity needed post-acquisition to reorganise theContinue Reading
Elon Musk, known for his combative testimony, is set to take the stand in a Delaware court on Wednesday to defend against claims that his $56 billion Tesla Inc pay package was based on easy to achieve performance targets and influence with the board of directors. Tesla shareholder Richard TornettaContinue Reading
Japan-based Softbank has started the process to sell a 4.5 per cent stake in One97 Communications for about USD 200 million (around ₹1,627 crore) in a block deal, according to sources. The development comes immediately after the lock-in period for Paytm’s investors to trade shares ended. Softbank is the secondContinue Reading
The total market size of wood panel industry comprising plywood, MDF, particle boards, laminate is estimated at ₹40,000 crore, according to a PTI report, and Century Plyboards has a 25 per cent share of the organised plywood market. As executive director and director-in-charge of the decorative business of Century PlyboardsContinue Reading
Meta Platform Inc.’s former policy head for India is set to take a similar role at Samsung Electronics Co.’s local unit, people with knowledge of the matter said. Rajiv Aggarwal will take up the position, which entails liaising with and lobbying government officials on domestic policy matters, from December, oneContinue Reading
In 2018, Elon Musk was working through the night and sleeping at Tesla Inc’s factories in California and Nevada as the company struggled to ramp up production of the Model 3. On Monday, Musk said he had worked through the night at Twitter’s San Francisco headquarters and would keep “workingContinue Reading
Everything there is to know about Qualcomm’s next flagship chipset for the Android flagship phones for the new year, is now official. Called the Snapdragon 8 Gen 2, it succeeds the Snapdragon 8+ Gen 1 with extensive use of artificial intelligence (AI), architectural upgrades for the Hexagon processor, faster naturalContinue Reading