SoftBank Group, the Japanese conglomerate known for its investments in technology companies, is reportedly considering the launch of credit funds aimed at providing financing options to startups in need of capital. The move comes as SoftBank seeks to diversify its investment offerings and further support the growth and expansion of promising tech ventures. Traditionally, SoftBank …
According to recent reports, The Walt Disney Company has commenced a third round of expected layoffs, resulting in the elimination of over 2,500 additional positions. The ongoing impact of the COVID-19 pandemic on the entertainment industry continues to challenge Disney’s operations, leading to difficult workforce reductions. The latest job cuts come as Disney seeks to …
The Victorian Deputy Privacy Commissioner has raised concerns about the privacy risks associated with employing AI large language models in government work. The growing use of these advanced technologies poses potential challenges to the protection of personal information and individuals’ privacy rights. AI large language models, such as those used in various applications, including chatbots …
Reliance Industries’ e-commerce venture JioMart has recently undertaken a restructuring process that has led to the layoff of over 1,000 employees in its business-to-business (B2B) unit. The move comes as the company seeks to streamline its operations and optimize its workforce in response to evolving market dynamics. JioMart, which was launched by Reliance Industries as …
Ritesh Agarwal, the visionary founder and CEO of OYO, a leading global hospitality company, has garnered significant attention for his entrepreneurial success and innovative business strategies. Aspiring entrepreneurs can draw inspiration from Agarwal’s journey and benefit from his valuable advice on navigating the challenging yet rewarding path of entrepreneurship. Ritesh Agarwal’s entrepreneurial journey serves as …