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News on Medial
PowerPoint software co-creator Dennis Austin dies at 76
Economic Times
·
1y ago
Medial
Dennis Austin, one of the co-creators of PowerPoint, passed away at the age of 76 in the US due to lung cancer that had spread to the brain. He played a pivotal role in developing PowerPoint's direct-manipulation interface, making it user-friendly for creating presentations. Forethought released PowerPoint in 1987, and Microsoft acquired the company shortly after for $14 million. Austin continued to lead its development until his retirement in 1996. PowerPoint is now used to create over 30 million presentations daily.
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Adobe's co-founder John Warnock dies at 82
Livemint
·
1y ago
Medial
John Warnock, Adobe co-founder, passed away at 82. A technology visionary, he co-founded Adobe in 1982, contributing to revolutionary desktop publishing with Adobe PostScript. He received awards including the National Medal of Technology and Innovation, leaving a lasting impact on the industry. His collaboration with Charles Geschke pioneered creativity and innovation.
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ARTEMIS — World’s First Full-Sized & Fastest Humanoid Robot
Inshorts
·
1y ago
Medial
Dennis Hong, the creator of the world's fastest humanoid robot called ARTEMIS, expressed his changing perspective on the future of robots. Developed by the UCLA Samueli School of Engineering, ARTEMIS can run at a speed of 2.1 meters per second. The robot, funded by the U.S. Office of Naval Research and a successful crowdfunding campaign, aims to develop a humanoid robot that surpasses soccer legend Messi. Hong believes India is a prominent tech market due to its passionate and innovative students. The global humanoid robot market is projected to reach $28.7 billion by 2032.
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Table Space co-founder Amit Banerji dies of cardiac arrest
VCCircle
·
7m ago
Medial
Amit Banerji, co-founder, chairman, and CEO of Table Space, a managed workspace provider, passed away at 44 due to a cardiac arrest. Based in Bengaluru, Banerji co-launched Table Space in 2017 after a 13-year tenure at Accenture. Under his leadership, Table Space was targeting a $2.5 billion IPO by 2025. The company has raised $330 million to date and reported significant revenue growth. Banerji's death marks another significant loss among startup founders.
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Freshworks hires ex-Dropbox exec as CEO, founder Mathrubootham to be chairman
VCCircle
·
1y ago
Medial
CRM software maker Freshworks has appointed Dennis Woodside as its new CEO, with founder Girish Mathrubootham becoming the executive chairman. Woodside, who previously held leadership positions at Impossible Foods, Dropbox, and Motorola Mobility, joined Freshworks in 2022 as president. The company's shares fell by around 21% following the announcement. Freshworks, which went public on Nasdaq in 2021, has forecast second quarter revenue between $168 million and $170 million, below market estimates.
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Freshworks appoints Srinivasan Raghavan as chief product officer to drive AI-driven innovation
Economic Times
·
8m ago
Medial
Freshworks, a leading SaaS company, has appointed Srinivasan Raghavan as its new Chief Product Officer (CPO). With extensive experience in the enterprise SaaS industry, Raghavan will be responsible for the product strategy and vision of Freshworks' AI-driven service software. Reporting directly to CEO Dennis Woodside, Raghavan will focus on employee experience, artificial intelligence, and customer experience. Previously, Raghavan served as CPO at RingCentral, launching cloud-based solutions for contact centers, marketing, and sales intelligence. Freshworks, founded in 2010, provides CRM software primarily targeting small and medium businesses, serving more than 68,000 customers globally.
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Freshworks' board reworks CEO Girish Mathrubootham’s stock award
Economic Times
·
1y ago
Medial
Software service provider Freshworks has canceled the performance-based stock award of 6 million shares to its founder and CEO, Girish Mathrubootham. The decision was made due to macroeconomic challenges affecting the company's stock price. While his original stock award has been canceled, Mathrubootham has been allotted stock awards valued at $19 million. Additionally, stock awards have been approved for Freshworks' other executives, including president Dennis Woodside, CFO Tyler Sloat, and CPO Srinivasagopalan Ramamurthy.
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Microsoft Teams, Word, Excel, and more are coming to Apple’s Vision Pro at launch
The Verge
·
1y ago
Medial
Microsoft is set to bring its suite of Microsoft 365 apps, including Word, Excel, PowerPoint, Outlook, OneNote, Loop, and Microsoft Teams, to Apple's Vision Pro headset. Along with these apps, a version of Copilot with AI capabilities will also be available, allowing users to create drafts, summarize documents, and generate PowerPoint presentations using voice commands. While Microsoft Teams on the Vision Pro will support Apple's "persona" feature and offer features like emoji reactions and chat participation, Microsoft Mesh integration won't be available at launch.
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Optimistic despite short term bumps: Freshworks CEO Dennis Woodside
Economic Times
·
1y ago
Medial
Nasdaq-listed Freshworks remains positive about the future of the Software-as-a-Service (SaaS) industry, according to its CEO Dennis Woodside. Despite short-term challenges, Woodside believes in the potential of Artificial Intelligence (AI) and stated that Freshworks already has two AI products being monetized in the market. He expressed optimism about the company's prospects moving forward.
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VC-backed LoanTap's co-founder Vikas Kumar dies in accident
VCCircle
·
3m ago
Medial
Vikas Kumar, co-founder and CTO of LoanTap, tragically died in an accident in Bengaluru. He co-founded LoanTap Financial Technologies in 2016 alongside Satyam Kumar, its current CEO. The fintech company, backed by venture capital firms like 3one4 Capital and Kae Capital, offers personal and MSME loans. Vikas previously co-founded Brainvisa and SME Networks, showcasing a successful entrepreneurial journey. His unexpected passing underscores a series of recent untimely losses in the startup community.
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Building the Backbone of India’s Creator Economy — The CREATE Story
StartupTalky
·
2m ago
Medial
CREATE is a leading creator management company in India, co-founded by Avi Chanodia and Piyush Agarwal, aiming to structure India’s influencer ecosystem. Focusing on more than just management, CREATE builds comprehensive careers for creators, offering services from strategy to monetization. The company emphasizes authentic storytelling and long-term success, co-creating projects and launching new initiatives. As the creator economy grows, CREATE aims to expand regionally and globally, empowering creators as entrepreneurs.
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