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Meta announces 11k or 13% workforce cut

Meta Platforms Inc said on Wednesday it would cut more than 11,000 jobs, or 13 percent of its workforce, in one of the year's biggest layoffs as the Facebook parent battles soaring costs from its push into the metaverse amid a weak adve...

Twitter to introduce ‘official’ label for verified accounts

Billionaire Elon Musk's social media platform Twitter will introduce an ‘Official’ label for select verified accounts, including major media outlets and governments when it launches its new $8 premium subscription product, its ea...

‘Sita Ramam’ to stream on Disney+ Hotstar on Nov. 18

The Hindi version of the Telugu blockbuster ‘Sita Ramam’ is set to premiere on Disney+Hotstar on November 18, the streamer announced Wednesday.

Starring Dulquer Salmaan, Rashmika Mandann...

Netflix mulling foray in live sports b’cast, says WSJ report

Netflix Inc. is exploring investments in live sports broadcasting and has recently bid for the streaming rights for sports leagues, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

The company recently bid for the streaming rights for the ATP tenni...

Tabu, Kareena Kapoor and Kriti Sanon to star in ‘The Crew’

Tabu, Kareena Kapoor and Kriti Sanon are all set to star in ‘The Crew’ Kareena had earlier stated that she is set to collaborate with Rhea Kapoor for a film that revolves around three women.

The film was officially announced Wednesday. Titled ‘The Crew’, the film will be produced by

India unveils liberalised uplink, downlink norms for TV channels

India on Wednesday unveiled revised and liberalised uplinking and downlinking guidelines for satellite television channels that allows Indian teleports to uplink foreign channels and scraps permission for live telecast of events --- demands that the broadcast industry has been making for many years.

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!