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Minis

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4 reasons you could be getting passed up for promotions, according to an ex-Google recruiter

Nolan Church, a former Google recruiter, shares four key reasons why employees may miss out on promotions.
First, a performance gap can arise from a lack of feedback, so it’s important to actively seek and apply feedback.
Second, promotions may be limited by the absence of suitable roles, especially at higher levels.
Third, budget constraints or business struggles can delay or prevent promotions.
Lastly, not advocating for oneself can be a significant barrier. Employees should regularly communicate their achievements and progress to ensure visibility, especially in remote work environments.

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864 reads

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HRM Asia

49m

Gen Z employees in the Philippines seek purpose and prosperity

Gen Z employees in the Philippines, born between 1995 and 2012, prioritize financial stability and meaningful work that contributes to society.
Unlike Millennials, Gen Z employees focus more on securing their financial future and express a strong sense of duty to their families.
They are driven by the desire to make a positive societal impact through their work, reflecting their value-driven mindset.
Employers can better engage Gen Z employees by addressing their needs for financial security, career development, and a sense of purpose.

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405 reads

Mint

50m

Reddit fixes widespread outage affecting thousands in the US

Reddit claimed to have fixed a software flaw that was preventing tens of thousands of Americans from using the social media site.
The outage started at approximately 3 p.m. ET with around 49,000 reports of platform issues.
Australia's communications minister proposed a law to prohibit children under sixteen from using social media platforms.
Reddit announced its first profit and reported an increase in daily users and revenue in the September quarter.

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619 reads

TechCrunch

50m

OpenAI accidentally deleted potential evidence in NY Times copyright lawsuit

Lawyers for The New York Times and Daily News claim that OpenAI accidentally deleted potentially relevant data in the ongoing copyright lawsuit.
OpenAI agreed to provide virtual machines for the publishers to search for their copyrighted content in its AI training sets.
On November 14, OpenAI engineers erased the publishers' search data stored on one of the virtual machines.
Although some data could be recovered, the folder structure and file names were irretrievably lost, requiring the publishers to recreate their work from scratch.

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437 reads

Inc42

Food Delivery War: Zomato Extends Lead Over Swiggy With 58% Market Share

Zomato maintains its lead in the food delivery market with a 58% market share in Q1 FY25.
Swiggy trails behind with a 42% share in the food delivery market.
Zomato has been consistently gaining market share from Swiggy in the food delivery segment.
Blinkit dominates the quick commerce segment with a 46% market share.

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506 reads

Yourstory

Want to be chief of staff at India's Zomato? CEO says forget salary, pay Rs 20 lakh fee

Zomato CEO Deepinder Goyal is hiring a Chief of Staff without any salary for the first year.
The selected candidate will have to pay Rs 20 lakh as a donation to the company's Feeding India initiative.
Zomato will contribute Rs 50 lakh to a charity of the candidate's choice during the first year.
Job responsibilities include working on various projects and initiatives at Zomato, including Blinkit, District, Hyperpure, and Feeding India.

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637 reads

Inc42

Image Credit: Inc42

Ustraa’s FY24 Loss Widens 25% To INR 50 Cr

Men’s grooming D2C brand Ustraa, owned by VLCC, reported a 25% increase in net loss to INR 50.3 Cr in FY24.
Revenue from operations declined by 2.9% to INR 94 Cr in FY24.
Total expenses rose by 5.1% to INR 144.6 Cr in FY24.
Ustraa managed to reduce advertising and promotional expenses by 64.4% to INR 17.1 Cr in FY24.

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603 reads

ISN

Delhi-based dairy startup Doodhvale Farms raises $3 million in funding

Delhi-based dairy startup Doodhvale Farms has raised $3 million in Series A funding.
The funding round was led by Atomic Capital, along with participation from Singularity Early Growth Opportunities Fund, Bharat Founders Fund, Indigram Lab Foundation, and angel investors.
Doodhvale Farms operates a vertically integrated supply chain, sourcing milk directly from its own livestock farms to ensure fresh, traceable, and antibiotic-free products.
The funding will be used to expand the company's presence, strengthen distribution networks, diversify its product portfolio, and upgrade its technology infrastructure.

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580 reads

Economic Times

Qcomm logistics enabler Blitz raises Rs 51 crore from IvyCap Ventures, others

Quick commerce logistics enabler Blitz has raised Rs 51 crore in series A funding to enhance its 60-minute delivery infrastructure and expand its dark store network.
The funding round was led by IvyCap Ventures and saw participation from existing investors India Quotient and Alteria Capital, as well as notable angels.
Blitz, founded in 2020, focuses on customer satisfaction and operates in 10 cities in India.
The company connects brands and consumers through 60-minute deliveries and same-day shipments from urban warehouses.

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336 reads

ISN

SaaS platform Taqtics raises $1.2 million in a seed round led by Sprout Venture Partners, others

SaaS platform Taqtics has raised $1.2 million in a seed funding round led by Sprout Venture Partners, Capital-A, and Java Capital.
Taqtics will use the funding to enhance its product offerings, integrate AI-driven analytics, and expand into key markets.
The platform streamlines retail and restaurant operations with features such as real-time store audits, employee training and SOP management, visual merchandising tools, and asset management.
Investors believe that Taqtics' tailored solution will play a vital role in scaling operations efficiently in the evolving retail and QSR industries.

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479 reads

Inc42

Swiggy Launches Kitchen Equipment Procurement Service

Swiggy has launched a new service to assist restaurant partners in sourcing kitchen equipment.
The kitchen equipment procurement service connects restaurants with reliable vendors, offering appliances that suit their operational needs.
Restaurant partners can sign up through the Swiggy Owner app or fill out an online form to access the service.
Swiggy's rival, Zomato, has already rolled out a similar restaurant service option earlier this year.

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364 reads

Yourstory

NCLT blocks Aakash’s attempt to change Articles of Association amid BYJU’S issue

The NCLT Bengaluru Bench has ordered Aakash Educational Services Limited (AESL) not to implement any decisions made during an Extraordinary General Meeting concerning the removal of Part-B of its Articles of Association.
The order came in response to a petition filed by Blackstone, a minority investor in AESL, arguing that they were being deprived of their rights.
AESL had planned to remove Part-B of its Articles of Association, which define the rights and responsibilities of shareholders.
The case will be further reviewed on December 19, with objections from the respondents being submitted within three weeks.

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593 reads

Inc42

Zomato Delists Multiple Potentially Fraudulent Single-Dish Restaurants

Zomato has delisted multiple "potentially fraudulent" eateries flagged by users.
Restaurants were able to "game" Zomato's checks using generic food names.
Zomato has strengthened fraud checks and requires FSSAI licence for all listed restaurants.
Zomato has extended its lead over Swiggy with a 58% market share in food delivery.

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518 reads

Yourstory

Image Credit: Yourstory

Nvidia reports 94% jump in revenue to $35.1B in Q3 FY25

US-based chipmaker NVIDIA reports a 94% jump in revenue to $35.1B in Q3 FY25.
The revenue growth was primarily driven by the data center business, which doubled to $30.8B.
Net income soared to $19.31B, more than doubling from the previous year.
NVIDIA projects a revenue of $37.5B for Q4 FY25 and continues to expand its AI infrastructure.

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752 reads

Crypto-News-Flash

Noble Partners with Circle and Ondo Finance After $15M Funding Success

Noble secures $15M Series A funding to enhance stablecoin infrastructure and blockchain integration.
Partnerships with Circle and Ondo Finance expand Noble’s reach in stablecoin and yield-bearing asset innovation.
Noble is quickly increasing its impact through relationships developed with business leaders including Circle, Ondo Finance, Hashnote Labs, and Monerium.
These initiatives fit the continuing global trend of tokenization, which is progressively acknowledged as a transforming agent in the financial industry.

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330 reads

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