What’s the news: Facebook India head Ajit Mohan, who joined the company in January 2019, has resigned and will be leading `Snap's Asia Pacific Region next, he said in a post. Manish Chopra, director and head of partnerships at Meta India, will take over as the interim head, Reuters reported. "When I took on this role, my objective was to build a team and a company that would be a valuable ally to India and play a useful role in fuelling its economic and social transformation. This is exactly what we have managed to do in the last four years." — Ajit Mohan In an internal communication sent to Snap employees, Snap Inc CEO Evan Spiegel said Mohan will be a member of Snap's executive team and report to Chief Operation Officer Jerry Hunter, Economic Times reported. Here's an excerpt from the internal communication: “Ajit will provide in-market leadership, lead cross-functional efforts across the region, oversee all local operations, and lead our go-to-market strategy. He's a talented and well respected executive with a breadth of experience that will serve our community and partners in wonderful ways!” Nicola Mendelsohn, Vice President, Global Business Group, Meta, said: “Over the last four years, he has played an important role in shaping and scaling our India operations so they can serve many millions of Indian businesses, partners and people” In the fiscal year 2021-22, Facebook India Online Services (FIOS), Meta’s Indian subsidiary, registered a 74% year-on-year (YoY) growth in its advertising business. Work resume Before…
- China state-backed hacking groups reportedly targeted India and other countries; here’s what we don’t know February 23, 2024
- Microsoft Announces Automation of Risk Identification Process for Generative AI Systems February 23, 2024
- IRCTC announces tie-up with Swiggy for food delivery services February 23, 2024
- MoS IT Rajeev Chandrasekhar accuses Google’s chatbot Gemini of violating IT Rules February 23, 2024
- Google releases open-source AI model called Gemma February 23, 2024
The Minister's response came after an X user posted answers generated by Gemini regarding Prime Minister Narendra Modi.
Vaishnaw said that in the next five years, there will be significant disruptions in the way telecom technology operates.
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...
The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...
Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...
Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...
RBI Deputy Governor Rabi Shankar called for self-regulation in the fintech sector, but here's why we disagree with his stance.
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...