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Top News of the Day: 1. Zolostays hits Rs 200 Cr revenue in FY24, trims losses 2. The US Securities and Exchange Commission (SEC) has created a task force to develop a regulatory framework for crypto assets, marking a significant policy shift under President Donald Trump's administration. 3. Stripe is laying off 300 employees primarily in product, engineering, and operations roles, despite plans to increase its workforce by 17% to about 10,000 by year-end. 4. Microsoft is no longer the exclusive cloud provider for OpenAI's AI models. OpenAI has secured a major infrastructure deal with SoftBank, Oracle, and others. 5. Deconstruct, a D2C skincare brand, has secured Rs 65 crore ($7.7 million) in funding from L’Oréal’s VC fund BOLD 6. Toothsi parent MakeO reports flat revenue in FY24; losses trim 32% 7. Agro Tech Foods, backed by Samara Capital, is set to acquire Del Monte India's operations from Bharti Enterprises, transforming Del Monte Foods Pvt Ltd into its wholly-owned subsidiary. 8. The joint venture or alliance, called Stargate, will invest $500 billion, at least, in AI infrastructure in the United States, Trump said. 9. Biotech startup Exsure has raised Rs 3 crore in a seed round led by Unicorn India Ventures. 10. Omni-channel healthcare brand Zeelab Pharmacy has raised $2.4 million in its maiden funding round led by OTP Ventures. 11. Healthcare platform Raaz App has raised $1 million in a funding round led by early-stage venture fund Fireside Ventures. 12. YouTuber MrBeast has joined American investors aiming to acquire TikTok's US business amid a 75-day deadline for resolving its ownership to avoid a ban. 13. LinkedIn has appointed Deepak Agarwal as its new Chief AI Officer. Agarwal, returning to LinkedIn after a previous eight-year tenure as VP of AI, aims to advance AI in an ethical, inclusive, and human-centric manner. 14. PharmEasy's three co-founders step down, Siddharth Shah to lead 15. Cancrie, a startup focused on advanced nanocarbon materials for energy storage, has raised $1.2 million in a seed funding round co-led by Roots Ventures and IIMA Ventures. 16. Office space management company Workie has raised Rs 13 crore in equity funding from a distinguished group of investors. 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.