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IT rule tweaks only clarificatory, don't expand govt power: MeitY SecretarySocial groups warn oversight of online user content may increase censorship, industry pushes back against mandatory compliance with 'adviso...- Stage set for micro-dramas; WhatsApp’s monetisation bidInvestors are flocking to micro-drama startups as the next big thing in India’s content and entertainment industry. This and more in today’...
- ShareChat CBO Gaurav Jain steps down amid leadership shakeupJain’s departure marks the third high-profile exit from ShareChat this year – the other two to quit the vernacular social media platform we...
- TCS defers wage hikes; Google layoffsTCS is deferring annual salary hikes amid global business headwinds. This and more in today’s ETtech Top 5.
- Meta fires 20 employees over data leaks: ReportAccording to The Verge, employee morale at Meta has taken a hit following CEO Mark Zuckerberg’s policy changes to content moderation. The t...
- Tech layoffs in 2025: Microsoft, Amazon, Indian startups ShareChat, Pocket FM continue job cutsThe tech layoffs can be attributed to factors including market instability, tightened budgets, and the need to adapt to changing industry c...
- Oyo investors sell stake; TikTok’s US ban explainedHappy Thursday! Early investors in Oyo are in talks with a group of family offices to part-sell their stakes. This and more in today’s ETte...
- ShareChat parent Mohalla Tech reports 33% rise in FY24 operating revenue, 67% fall in Ebitda lossesFor the parent firm of the vernacular social media platform ShareChat and short video app Moj, live streaming contributed 56% to total oper...
- NCPCR asks social media platforms to explore ways to protect children onlineThe National Commission for Protection of Child Rights (NCPCR) met with major social media platforms to discuss child safety online. They e...
- ShareChat valuation drops 60% to under $2 billion post new fundingTwitter and Google-backed homegrown social media firm Sharechat has closed $49 million in debt financing through convertible debentures fro...
- Verifying ID for social media use could pose security risk: ExpertsThe Digital Personal Data Protection bill defines children as those below 18 years, which is above the global threshold. Users above 13 yea...
- Homegrown companies on hiring spree as Big Tech sheds talentThough the absolute hiring number is not huge since Indian startups are themselves going through funding woes, the roles span product, grow...
- Three GACs to be led by MEITY, MIB and MHASources told ET that the first committee will be led by the Ministry of Home Affairs and will largely deal with complaints on illegal or cr...
- Recession fears: Tech companies laying off 1,600 workers per day in 2023, and it's increasingThe year 2023 has not been good for tech workers globally as 91 companies have laid off more than 24,000 tech employees in the first 15 day...
- Rise in air travel lifts ride-hailing apps; Karnataka IT minister wants moonlighters to leaveAfter two years of subdued demand in the wake of intermittent lockdowns, the shift to work-from-home, and a general sense of discomfort amo...
- Sharechat asks The Wire to take down story on the Tek Fog appThe Indian social media company has asked The Wire to take down a report that claims Sharechat is used to spread fake news and propaganda.
- Google opposes Facebook-backed proposal for self-regulatory body in India: sourcesAt a closed-door meeting this week, an executive from Alphabet Inc's Google told other attendees the company was unconvinced about the meri...
- ShareChat parent raises $255 million from Google, Times Group, others; valuation jumps to $5 billionExisting backers like Temasek also participated in the latest round, which comes at a time when investors have become skittish amid a fundi...
- Digital Trends of 2022 and beyond!
- BJP Uttar Pradesh, Koo, Indian National Congress-Punjab among top spending pages on Facebook ahead of state electionsAs per data from Facebook's Ad Library- that provides a searchable collection of all ads running across the Facebook platform including Ins...
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