The idea of creating an SRO was mooted by the RBI governor in March. But more than a month since, the companies haven’t been able to proceed beyond initial discussions to band together and get the groundwork laid out.
The company is looking for high-growth, high-margin businesses to pursue as it plans to close all 68 of its physical bookstores, pop-up shops and "4-star" stores in the United States and United Kingdom.
The company has launched a startup leadership programme to be pursued in an offline campus in Bengaluru and will kickstart with a founding cohort of 60 hand-picked students.
Snap Inc's cofounder & CEO spoke exclusively to ETtech about growth in the Indian market, leadership changes here, and focus on monetisation and regulations around Artificial Intelligence. This and more in today’s edition of the ETtech Morning Dispatch.
It’s not clear if 10X AD will lead an investor consortium of family offices and ultra-high-net-worth individuals in Abu Dhabi or go it alone and invest $150-200 million
The announcement came at Snap's annual Partner Summit. The company aims to use the technology to speed up its development of augmented reality (AR) features, or computerized images overlayed on top of photos and videos of the real world.
Snap’s Spotlight also competes with YouTube's Shorts, while another global rival TikTok, owned by China’s ByteDance, is banned in India.
