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ISN
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Zomato CEO Deepinder Goyal, wife Grecia Munoz delivers food in Gurugram
- Zomato CEO Deepinder Goyal and his wife, Grecia Munoz, worked as delivery agents in Gurugram to understand the challenges faced by delivery agents.
- Goyal shared his experience on Instagram through photos and videos of them delivering food in Zomato uniforms.
- Netizens had mixed reactions, with some praising Goyal's hands-on approach while others saw it as a marketing move.
- Some users urged Goyal to address the challenges faced by delivery agents and make their lives easier.
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Medium
Meta Unveils Movie Gen: AI Tool Creates Realistic Video and Audio Clips
- Meta has developed an AI model called Movie Gen for creating realistic video and audio clips.
- The tool can generate videos up to 16 seconds long and audio up to 45 seconds long.
- Meta claims Movie Gen can rival tools from OpenAI and ElevenLabs.
- Concerns have been raised about unauthorized use and deepfakes in elections.
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4k reads
5
Yourstory
Meet QWR: The startup replacing smartphones with wearable computers
- QWR is a startup aiming to replace smartphones with wearable head-worn computers.
- Founded in 2017, QWR focuses on enterprise applications such as education, healthcare, and defense.
- The company aims to address gaps in the market by offering wearable headsets for various industries.
- QWR aims to become one of the top five wearable tech companies in the next few years.
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979 reads
6
Yourstory
How Bombay Founders Club is transforming Mumbai’s startup scene
- Bombay Founders Club (BFC) is transforming Mumbai's startup scene by creating a supportive community.
- BFC started with six founders and has now grown to over 200 members who gather regularly to connect and support each other.
- The club focuses on providing a space where founders can be themselves, share experiences, and receive guidance.
- BFC aims to change the perception that founders need to relocate to other cities for success, showing that Mumbai has a thriving startup community.
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1.4k reads
4
Inc42
Day After Dubai Court Ruling, Honasa Denies Of Owning Any Asset In UAE
- Honasa Consumer denies owning any asset in UAE after Dubai court ruling.
- Honasa's Dubai subsidiary exempted from the attachment order.
- Ruling came after Honasa's grievance filed against RSM General Trading.
- Honasa plans to file contempt against RSM in Delhi court.
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1.6k reads
7
Startup Pedia
46-YO founder turns 400 of his employees into millionaires by selling his startup for $3.7B
- Jyoti Bansal, founder of AppDynamics, sold his software company to Cisco for $3.7 billion, a deal that made around 400 employees millionaires.
- Despite the financial success, Bansal termed it his "saddest day," revealing he never focused on financial outcomes when starting the company. Founded in 2008, AppDynamics helps enterprises optimize application performance.
- Bansal, a serial entrepreneur with multiple startups, holds over 25 patents and has received numerous awards, including Ernst & Young's Entrepreneur of the Year. He continues to impact the tech industry through his ventures Harness and Traceable AI.
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2k reads
25
Inc42
Image Credit: Inc42
Zomato’s Deepinder Goyal Out Of Shark Tank India As Rival Swiggy Set To Sponsor The Show
- Zomato CEO Deepinder Goyal will not be part of Shark Tank India as Swiggy sponsors the show.
- Swiggy has stipulated that Goyal should not be part of the panel of judges.
- Swiggy plans to sponsor the fourth season of Shark Tank India for INR 25 Cr.
- Swiggy filed its updated draft red herring prospectus for its IPO, which could raise INR 5,000 Cr.
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3.9k reads
27
Yourstory
Nazara’s subsidiary gets interim relief by Calcutta High Court in GST dispute
- Openplay Technologies, a subsidiary of Nazara Technologies, has received interim relief from the Calcutta High Court in a GST dispute.
- Openplay had received a show cause notice from the Director General of GST Intelligence for a liability of Rs 845.72 crore.
- The High Court has directed that no order relating to the demand should be passed without its permission.
- Nazara's subsidiaries argue that the GST calculation method should be based on gross gaming revenue rather than player pool contribution.
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8.8k reads
4
Tech Story
Amazon is expected to cut around 14,000 managerial positions by early 2025 Amazon's Massive Layoff
- In a bold move, Amazon plans to cut around 14,000 managerial roles by early 2025. This decision, orchestrated by CEO Andy Jassy, aims to streamline operations and transcend unnecessary bureaucracy, allowing Amazon to reimagine itself as a more agile organization.
- The layoffs are expected to save between $2.1 billion and $3.6 billion annually, amidst a challenging economic labyrinth and heightened e-commerce competition.
- By reducing management layers, Amazon hopes to intertwine faster decision-making with innovation, creating a verdant future for growth.
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18.1k reads
25
Insider
Steve Jobs once said what he really thinks about consultants — to a group of consultants
- Steve Jobs once criticized consulting in a talk at MIT in 1992.
- He advised consultants to pursue jobs with more ownership and responsibility.
- Jobs believed that consultants miss out on autonomy, learning from mistakes, and growth opportunities.
- His perspective may resonate with younger consultants seeking more meaningful careers.
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2.5k reads
22
Minis
This Rs 65 lakh Google India job offer is going viral and why
- A Google India job offer has gone viral, sparking buzz across social media. Kartik Jolapara, a developer at JP Morgan, shared a post on X (formerly Twitter) highlighting an extraordinary offer made to a candidate without a computer science degree, who graduated from a tier 3 college.
- Despite this non-traditional background, Google offered the individual a Senior Software Engineer position with a Rs 65 lakh salary package. The offer also includes a Rs 9 lakh annual bonus, Rs 19 lakh signing bonus, and Rs 5 lakh relocation bonus, adding to the surprise.
- Reactions online have been mixed, with some users impressed by the offer, while others deem it underwhelming for a candidate with 10 years of experience.
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14.1k reads
55
The New Stack
How Nvidia Scaled Its Cloud Services With KubeVirt
- Nvidia built GeForce NOW, an online gaming service that provides cloud-based GPU-backed gaming PCs to users worldwide.
- GeForce NOW, with 25 million subscribers, needed to scale out its infrastructure and faced challenges with its original VM-based architecture.
- To overcome the scaling issues, Nvidia adopted KubeVirt, an open-source platform that allows running container and virtualization workloads on-premises or in the cloud.
- KubeVirt enabled Nvidia to manage virtual machines (VMs) alongside containers, providing the necessary performance and scalability for its gaming platform.
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1.3k reads
21
Baystreet
Meta Platforms’ Mark Zuckerberg Becomes World’s Second Richest Person
- Mark Zuckerberg, co-founder and CEO of Meta Platforms, has become the world's second richest person.
- Zuckerberg's net worth has reached $206.2 billion, surpassing Jeff Bezos.
- He now trails behind Elon Musk by about $50 billion.
- Zuckerberg's wealth is due to his stake in Meta Platforms, which has seen its stock rise significantly.
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1.2k reads
24
Appleinsider
Image Credit: Appleinsider
Google Gemini e-mail searches arrive ahead of Apple Intelligence
- Google Gemini e-mail searches, powered by AI, are now available on iOS devices.
- Gemini allows users to make queries about their inbox contents and receive answers from AI prompts.
- Gemini can also summarize emails and answer general queries without leaving the app.
- The functionality is being rolled out to iOS Google Workspace users over 15 days.
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838 reads
6
Insider
The September jobs report dashed hopes for another jumbo rate cut next month
- The September jobs report showed strong job growth and a decrease in the unemployment rate.
- The chances of a 50-basis-point rate cut in November by the Federal Reserve significantly dropped after the report.
- Analysts believe that the strong job numbers make an aggressive rate cut harder to justify.
- The report adds to market uncertainty amid the upcoming election, Federal Reserve's next move, and corporate earnings reports.
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