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Harsh Dwivedi
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Medial • 1m
Top News of the Day: 1. Amazon's AWS unit CEO, Matt Garman, defended the company's new 5-day-per-week in-office policy, stating that those who disagree can leave. 2. K'taka Protesters Demand Ban On Online Rummy Games 3. Cryptocurrency project Worldcoin, now rebranded as World Network, is moving forward with its plan to scan every human's iris using its orb devices. 4. Byju Raveendran, CEO and founder of Byju's, has denied allegations that he fled to Dubai and plans to revive the edtech company. 5. 8i Ventures has achieved a 12X return on their investment in M2P Fintech, generating 126% of their first fund's corpus with just 10% of its capital. 6. Google CEO Sundar Pichai has announced a leadership reshuffle, with Prabhakar Raghavan, the company's head of advertising and search, moving into a new role as chief technologist. 7. Zomato is planning to raise INR 8,500 Cr (approximately $1 Bn) and restrict foreign institutional investors shareholding to 49%. 8. Bengaluru-based SaaS startup Simplismart has secured $7 million in a Series A funding round led by Accel, with participation from Shastra VC, Titan Capital, and others. 9. Facebook's parent company, Meta, has fired approximately 24 employees in their Los Angeles office for misusing their $25 meal vouchers. 10. Yu Foods Nets $6.5 Mn Led By Ashish Kacholia, Asian Paints Promoter Group 11. Ashneer Grover, former managing director and co-founder of BharatPe, has withdrawn his petition from the National Company Law Tribunal (NCLT) in which he alleged oppressive conduct and mismanagement 12. China-based autonomous driving firm Pony AI, backed by automaker Toyota, has filed for an IPO in the U.S. 13. Reliance Retail Ventures, a top retailer in India, is collaborating with global parenting and children's products specialist, Mothercare, to form a joint venture. 14. During the first 48 hours of the Amazon Great Indian Festival 2024, Amazon Pay UPI saw a 16% year-on-year growth. 15. Fullerton Financial Holdings (FFH) has announced its plan to acquire a majority stake in Lendingkart, a startup in India. Stay Updated. Stay Informed. Stay Ahead. Share the Medial App with your network, colleagues, and friends. Let's brainstorm, discuss together and help each other achieve our goals. And don't forget to rate us on the iOS App Store and Google Play Store to help us reach even more amazing people like you.
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