Meta's Cred deal showcases new playbook: take stake, hire the founderMeta is strategically acquiring minority stakes in tech firms and integrating their founders into senior roles, a pattern evident with Cred...
23 Jun, 2026, 05.35 PM IST
Kunal Shah’s WhatsApp coronation is a masterclass in dealmakingShah is stepping down as Cred’s chief executive, with finance and strategy head Miten Sampat taking over on an interim basis. Shah becomes ...
23 Jun, 2026, 01.59 PM IST
Kunal Shah is WhatsApp CEO as Meta leads $900 million financing in CredMeta enters the cap table of fintech co-valued at $4.5 billion post-money; Miten Sampat is interim CEO. The funding comprises about $400 mi...
23 Jun, 2026, 10.12 AM IST
Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...
23 Jun, 2026, 08.53 AM IST
Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...
23 Jun, 2026, 08.07 AM IST
Meta to pause internal mouse-tracking tech while examining data security issuesThe company's announcement follows revelations that sensitive employee data, intended to monitor digital interactions within Meta's inter...
23 Jun, 2026, 07.47 AM IST
Meet Kunal Shah, serial entrepreneur and Meta's pick to lead WhatsAppIndian tech entrepreneur Kunal Shah is set to lead WhatsApp, the world's largest messaging platform, succeeding Will Cathcart. Shah, the fo...
22 Jun, 2026, 10.25 PM IST
'Kunal was the clear choice': Meta's Chris Cox on WhatsApp leadership changeWhatsApp's long-serving chief, Will Cathcart, is moving to a new product development role at Meta after nearly seven years. Cred founder Ku...
22 Jun, 2026, 10.24 PM IST
Family bankruptcy meant Kunal Shah could not afford BTech, studied philosophy and did data entry operator jobs. Cred founder is WhatsApp's new global bossKunal Shah’s journey to becoming Meta’s new global head of WhatsApp is far from the typical startup success story. After his family went ba...
22 Jun, 2026, 09.09 PM IST
Who is Will Cathcart? WhatsApp leader exits after steering it through privacy battles, monetisation pushCathcart’s departure comes at a time when WhatsApp is in the middle of a transition. Under him, the platform recently rolled out Meta’s AI ...
22 Jun, 2026, 08.54 PM IST
Meta AI glasses pilot faces privacy scrutinyPrivacy experts are flagging significant risks with Meta's AI glasses pilot for visually impaired citizens in Gujarat. Concerns centre on p...
20 Jun, 2026, 06.00 AM IST
Meta in India doing what others can’t: Infrastructure head Santosh JanardhanMeta Platforms is set to build significant AI data centre capacity in India. The company is already working on a large data centre in Jamna...
19 Jun, 2026, 03.16 PM IST
Meta signs new AI computing deals with data center firm Crusoe: ReportMeta is under contract to buy computing capacity from Crusoe at two data centers, which are located in Childress, Texas, and Warrenton, Mi...
19 Jun, 2026, 02.17 PM IST
Meta lobbies Congress for protection from child-harm lawsuitsIf adopted by lawmakers and passed into law as part of the Kids Online Safety Act (KOSA) under consideration in the U.S. Senate, such a pro...
19 Jun, 2026, 07.32 AM IST
Meta head of product for 'AI for work' transformation is leaving companyA key Meta executive overseeing AI tool improvements is departing. Emily Dalton Smith was leading efforts to centralise internal AI tools i...
18 Jun, 2026, 09.09 AM IST
Meta head of product for 'AI for work' transformation is leaving companyMeta is hitting a new chapter as Emily Dalton Smith, a key executive with a longstanding history at the company since 2015, exits. Her lead...
18 Jun, 2026, 07.36 AM IST
Creator platform Influish raises pre-seed round at Rs 25 crore valuationCreator platform Influish has secured pre-seed funding at a Rs 25 crore valuation, backed by angel investors. The platform connects creator...
17 Jun, 2026, 06.00 AM IST