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META COO RESIGNATION
Prometheus bound: Why xAI cofounder and former OpenAI hand Kyle Kosic is heading to Jeff Bezos’ AI ventureJeff Bezos’ AI venture Project Prometheus has hired Kyle Kosic, a former OpenAI engineer and xAI cofounder, to strengthen its infrastructur...- UPI’s growth pangs, Japan eyes Indian chipsHappy Monday! Yearly growth for UPI is slowing as its user base expands. This and more in today’s ETtech Morning Dispatch.
- Rural fintech’s budget plea; Zoho’s new CEORural fintech startups seek a helping hand from the government through an equity support fund. This and more in today’s ETtech Morning Disp...
- Mark Zuckerberg ditches one-time his most favourite employee and Meta COO, Sheryl Sandberg, blames her for culture issues at the companyIn a meeting with Donald Trump, Mark Zuckerberg reportedly blamed former Meta COO Sheryl Sandberg for the company's cultural issues. This c...
- Allen Institute held talks to acquire Unacademy valuing edtech firm at $800 million in a cut-price deal: sourcesThe Bengaluru-based Unacademy, valued at $3.4 billion in 2021, will likely be merged with Allen; founders expected to exit. The edtech comp...
- CXO-level shifts rearrange top deck at Indian startupsThe world of startups witnessed a series of top-level movements in the first half of 2024, including Naveen Tahilyani taking the helm as CE...
- Karnataka losing out in manufacturing race; CXO churn in startupsNew-age companies are choosing to set up manufacturing facilities in neighboring states like Maharashtra and Tamil Nadu, bypassing Karnatak...
- PhonePe retreats from ecommerce on ONDC; Good Glamm versus IANPhonePe has returned to the drawing board to review its ecommerce strategy. This and more in today’s ETtech Top 5.
- SAP’s incoming chairman Punit Renjen on the India opportunity; Isro sets sights on the sunIncoming SAP chairman Punit Renjen dwells at length on his new role, the opportunities it throws up, and his hopes for a wider collaboratio...
- How ChatGPT maker OpenAI is fuelling a generative AI warIt has been a week of major turmoil for the technology industry with the sudden collapse of Silicon Valley Bank. But amid all the chaos of ...
- 2022 Year in Review | Meet the top free agents in India’s tech & startup sectorAs startups and tech firms started to restructure businesses amidst an uncertain funding environment, several top-level executives exited c...
- Huge incentives planned for electronic components makers; top free agents in India’s tech & startup sectorThe government is drawing up plans for a Rs 10,000-12,000 crore production-linked incentive scheme to encourage makers of high-tech IT and ...
- Are we headed for dotcom bust 2.0?While there’s little doubt the tech world has been in a pandemic-induced, stimulus-funded, number-go-up utopia for the best part of three y...
- Is Meta losing its way?The company is pouring billions into its virtual reality division in hopes of Big-Banging the metaverse into existence, but back in the rea...
- ExpressVPN to shut India servers; Javier Olivan to be Meta’s next COOExpressVPN will remove all its servers in India as it “refuses to participate in the Indian government’s attempts to limit internet freedom...
- Sheryl Sandberg, long Facebook's No. 2 executive, steps downSandberg, 52, has been one of the most influential women in Silicon Valley and her departure comes as the social media juggernaut faces an ...
- India’s war on the internetIn it, IFF highlighted that internet shutdowns are extremely common in India, citing reports by Top10VPN and Access Now, and data from the ...
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