Andrew Bosworth, who heads Facebook's AR/VR efforts, including products like its Oculus Quest VR headset, will take over the role of chief technology officer in 2022, Mike Schroepfer says in a post on the social media website.
The Azim Premji-backed company has started talks with private equity funds and a deal is expected to be signed by early November.
The estimate is based on the recruitments done by these companies till the end of August and their hiring plans for the rest of the year.
ET had reported last week that Tata’s unit, Tata Digital, is also finalising plans to launch a new ecommerce platform exclusively to sell beauty and cosmetics products.
The GST Council has said that food delivery platforms such as Swiggy and Zomato should cough up 5% GST, just like restaurants. The tax for the platforms will come into effect from January next year.
In the run-up to the ET Startup Awards 2021 jury meeting on September 24, ETtech will bring you what the jury members expect in a winner.
This award will recognise the startup that best embodies the 'double bottomline' model that combines profits and public good.
