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FACEBOOK EXPANSION IN ASIA
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.- TikTok set to lay off 300 employees in content moderation, trust & safety teams: FT reportThe report by the Financial Times also said the ByteDance-owned video platform is looking at technological advances, including working on l...
- Meta’s Asia-Pacific chief quits after a decade-long growth spurtDan Neary, the company’s vice president for the region, assumed the role in 2013 and oversaw the rapid expansion of the company’s user base...
- Razorpay announces international expansion with acquisition of Malaysia's CurlecCurlec builds new-age technology solutions on top of existing payments infrastructure, to make it easier for companies of all sizes, to col...
- Meta to ban all Myanmar-army controlled businesses from platformsThe U.S tech giant had already announced in February it would stop all entities linked to the military, known as the Tatmadaw, from adverti...
- Short-format video app Lomotif ropes in Tarun Katial, Ken Cheung as senior advisorsBoth Katial and Cheung will be advising Lomotif’s senior team on growth and expansion internationally with a focus on enhancing user centri...
- UK fintech firm Revolut names Paroma Chatterjee as India CEOThe six-year-old startup will make a multi-million-pound investment over the next five years and has committed to creating 300 new jobs in ...
- Fitness startup Fittr raises $2 million from SurgeFounded in January 2016, Fittr provides free access to diet and training tools, live fitness sessions with experts, Q&A with coaches, and c...
- Reliance starts WhatApp-based online portal in locked-down IndiaAmbani wants a slice of India’s e-commerce market that is slated to grow to $200 bn by 2027.
- Ambani tops Ma as Asia’s richest after deal with ZuckerbergAmbani’s fortune rose about $4.7 billion to $49.2 billion on Wednesday.
- IAMAI forms committee to promote Augmented and Virtual RealityThe committee is chaired by Namrita Mahindro, Senior General Manager, - Digital Transformation, Mahindra Group and co-chaired by Satyajeet ...
- India exported handcrafted goods worth Rs 1.36 lakh crore in past 4 years: Smriti IraniNew Delhi, Oct 8 () The country exported handcrafted goods worth Rs 1.36 lakh crore in the past four years, Union Minister Smriti Irani sai...
- Pinterest eyes India, SE Asia for global expansionThe San Francisco-based unicorn, valued at over $12 billion, has launched 7 offices across international markets
- Facebook to help small businesses in the country, train half a million Indians by 2020Facebook said that they will provide digital skills and training for people in need of work, advise entrepreneurs how to get started and he...
- Tata Capital to tap young pros to grow personal loan bookAdvances will be Rs 15L, ideal limited to borrowers to be in the 20-35 age group earning a steady salary in a job with a defined career pat...
- Facebook India revenues jump 43 per centHigher digital ad spends help social media giant post revenue of Rs 177 cr, double net profit to Rs 31 cr in FY16.
- Facebook's Asia Pacific marketing head joins Bengaluru-based start-up EdurekaEdureka till date has around 25,000 paid learners and has received about 2.5lakh registrations from around the globe.
- Burberry fashions strategy to target Indian high net worth individualsBurberry is making a concerted effort to reach out to high net worth individuals (HNIs) in India and China
- VC funds infuse $6 mn into KomliDigital media network company Komli Media raised $6 million of venture capital funding from existing investors Nexus Venture Partners, Heli...
- Facebook named world's top social networking siteFacebook has overtaken MySpace to become world's most popular social networking site with 132 mn unique visitors in June. Pick the right co...
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