MoS IT Chandrasekhar cautions Zoom CEO Yuan on incorrect map of India

A tweet shared by Yuan showing the top video calling platforms in each country portrayed a map of India in which the union territory of Jammu and Kashmir was not shown.

from Tech-Economic Times https://ift.tt/LoCI6xz

No longer startup, time to grow up

A section of startups with proven growth strategies can also use the downturn in private investment to prepare for listing. Open market appetite will revive, and some companies could see merit in not leaving that money on the table when it does.

from Tech-Economic Times https://ift.tt/v2CGnyp

From IT rule tweaks to Thanos' snap at Twitter, social media hits reset in 2022

The year gave a tonne of new ways for users and platforms to reward creativity, and pay the creators. Tumblr launched tip jar feature and YouTube announced new pathways for creators to make money for their content.

from Tech-Economic Times https://ift.tt/fgtHWS6

FTX customers file class action to lay claim to dwindling assets

The lawsuit is the latest legal effort to lay claim to the dwindling assets of FTX, which is already feuding with liquidators in the Bahamas and Antigua as well as the bankruptcy estate of Blockfi, another failed crypto company.

from Tech-Economic Times https://ift.tt/ZY8wCNy

Startups laid off 18,000 employees in 2022; Udaan, Ola, Oyo saw the most senior-level exits

This time last year, India’s startup ecosystem was counting unicorns. Now, it’s tallying layoffs. According to data compiled for us by Longhouse Consulting, 52 of India’s new-age companies fired almost 18,000 employees between them in 2022. Shockingly, almost half of these took place at just 15 edtech companies as Covid’s retreat battered the sector.

from Tech-Economic Times https://ift.tt/gfMq7en

2022 Year in Review: Udaan, Ola and Oyo log most senior executive exits this year

At least 50 top executives - ranging from C-suite to category and business heads - left Udaan in 2022, as the company grappled with funding and business model issues, even as two of its founders moved away from active roles over the course of the year.

from Tech-Economic Times https://ift.tt/8w91zAg

actyv.ai welcomes Rajeev Mittal and Radhakrishnan as advisors

from Tech-Economic Times https://ift.tt/69oWs05

Lionsgate Play targeting double-digit share in Indian OTT market

Rohit Jain, MD, Lionsgate South Asia, said the Indian SVOD market has 50–60 million paying subscribers, and the number of such customers is expected to rise to 75–80 million in the coming years.

from Tech-Economic Times https://ift.tt/UP9QkW0

ETtech State of Startups Survey 2022; revisit this year’s top-level movements

Indian startups have had a torrid 2022, and it shows. In our annual survey on the state of homegrown startups, which took place during a crippling funding winter this year, 87% of respondents said they would not shy away from shutting down unviable businesses and restructuring their organisations. That’s a sea change from 2021, when ‘growth at any cost’ was the prevailing mantra.

from Tech-Economic Times https://ift.tt/0ZPHxzi

Campaign to educate on online gaming, crypto

New strategy to target various asset classes and cover all Ponzi schemes.

from Tech-Economic Times https://ift.tt/IZYv6GP

ETtech State of Startups Survey: Conserve cash, cut burn, turn profitable

Top founders, investors & internet execs polled amid tech winter. 64% of respondents see funding crunch easing in second half; 87% open to closing unviable businesses .

from Tech-Economic Times https://ift.tt/kqUwjYQ