Tata-backed Cult.fit looking at IPO in 12-18 months

The company - which counts Tata Digital and Zomato as investors - is doubling down on its core fitness and fitness products business for now.

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Drivetrain AI raises $15 million in fresh funding round

Founded in 2021 by Alok Goel, Tarkeshwar Thakur, and Saurav Bhagat, Drivetrain AI helps businesses gauge their current health and forecast the future impact of their actions, allowing them to make better decisions in real time.

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Google rolls out Gmail redesign on iOS settings

The 'Notifications' section has high-level controls, whereas the 'Inbox' and 'Compose and Reply' sections are quite simple. Lastly, there is a 'General' section.

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YouTube expands audio and podcast advertising for brands

The announcements come as the advertising industry has struggled amid record-high inflation and supply-chain disruptions, which have caused some brands to pull back on marketing budgets.

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Microsoft continues layoffs, sacks nearly 1,000: report

The company has confirmed the ‘role eliminations’. This is the third round of layoffs at Microsoft in four months. In July, the Big Tech firm fired nearly 1% of its 180,000-strong workforce across offices and product divisions as part of a ‘realignment’.

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Rules need to be calibrated to address risks from big tech

“The key paradigmatic shift in the regulatory approach towards addressing the risks from bigtechs lies in calibrating the regulatory frameworks with a mix of entity and activity based rules,” the paper said, suggesting formation of holding companies involved in financial activities, and promoting activity specific licenses.

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Flood of freshers at IT’s Big Four; Byju’s raises $250M, eyes $500M more

As of the second quarter, IT companies have not indicated any major change in their fresher intake plans for the year except TCS, which has upgraded its fresher hiring guidance from 40,000 to 47,000.

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