Jack Dorsey’s fintech company plans to cut 10% of staff – Firstpost

Block Inc, the fintech giant led by Twitter co-founder Jack Dorsey, is reportedly preparing to lay off hundreds of staff as part of a sweeping effort to streamline operations and regain investor confidence amid uneven performance and rising cost pressures. The San Francisco-based fintech group Block Inc, led by Jack Dorsey, is bracing for a significant […]

Czech PM supports curbs on children’s social media use – Firstpost

Czech Prime Minister Andrej Babis supported the ban of social media by children under 15, after similar announcements were made by the European nations. Governments and regulators worldwide are looking at the impact of children’s screen time on their development and mental wellbeing. Czech Prime Minister Andrej Babis said on Sunday he was in favour of […]

EU orders Meta to give rival AI chatbots access to WhatsApp – Firstpost

The EU executive told Meta to give rival AI chatbots access to WhatsApp after a probe found the US giant to be in breach of the bloc’s competition rules. The tech giant rejected the commission’s preliminary findings. The EU executive on Monday told Meta to give rival chatbots access to WhatsApp after an antitrust probe found […]

UK tech firm plans to cut 1,000 jobs in latest cost-saving drive – Firstpost

British supermarket technology giant Ocado Group is reportedly preparing a major round of layoffs that could affect up to 1,000 employees. While the company is yet to announce the fresh wave of layoffs, the move reportedly tighten spending and refocus its operations amid challenging market conditions. The UK-based Ocado Group is planning to reduce its global […]

Who is behind Sarvam AI? Meet Pratyush Kumar and Vivek Raghavan, the duo redefining India’s AI future – Firstpost

India’s homegrown AI startup Sarvam AI has captured global attention after its model, Sarvam Vision, outperformed heavyweights like Google’s Gemini and OpenAI’s ChatGPT in Optical Character Recognition (OCR) benchmarks. But behind this remarkable success lies a story of innovation, ambition, and two visionary minds determined to build sovereign AI for India. When it comes to artificial […]