More Senior Executives Quit Even As Snapdeal Founders Claim Support For Snapdeal 2.0

More Senior Executives Quit Even As Snapdeal Founders Claim Support For Snapdeal 2.0

Snapdeal’s steady exodus of senior executives has continued even a week after it announced its ambitious turnaround plan. Rahul Ganjoo, Vice President, Programme Management and Arvind Heda, Vice President, Technology (Data Platform) have now resigned, sources told Economic Times. The day Snapdeal announced Snapdeal 2.0, Product VP Pradeep Desai, Engineering VP Viraj Chatterjee and IT head Gaurav Gupta had turned in their papers. A day later, Business head of FMCG Digvijay Ghosh and Business head of general merchandise…

Game Of Thrones’ New Episode Leaked Worldwide, Star India Takes Responsibility

Game Of Thrones’ New Episode Leaked Worldwide, Star India Takes Responsibility

Star India appears to have gone above and beyond its promise to stream Game of Thrones at the same time in India as the rest of the world — it’s gone ahead and leaked and episode three days before its official release. The new Game of Thrones episode — the fourth in its seventh season — has been leaked online, and the source of the leak was Star India, HBO has confirmed. The episode, which…

An Ola Employee Has Been Arrested For Building An App That Illegally Accessed Aadhar Data

An Ola Employee Has Been Arrested For Building An App That Illegally Accessed Aadhar Data

An Ola employee has been arrested by the Bangalore police for illegally accessing and exposing confidential Aadhar data. Abhinav Srivastav, who worked for Ola in its head office in Koramangla, had created an app called “Aadhar e-KYC” in January this year. Srivastav, 31, was allegedly illegally accessing Aadhar-related information hosted on National Informatics Centre server, and was using it to support the app. The police say the app was exposing citizens’ private data to the public. “Aadhaar related…

Angry Indians Are Now Giving One Star Ratings To An App That They Think Caused Mumbai Teen’s Suicide

Angry Indians Are Now Giving One Star Ratings To An App That They Think Caused Mumbai Teen’s Suicide

An innocuous children’s game is the latest target of the ire of angry online Indians. Blue Whale Simulator 3D, a relatively unknown app which lets children control their own blue whale while swimming around the ocean, has been mistaken for the Blue Whale game, which allegedly caused the death of a Mumbai teen this week. Hundreds of angry Indians are now hitting the game with one-star reviews and harsh reviews on the Play Store. The…

Snapdeal’s Turnaround Plan Is Being Ridiculed By Its Investors And Employees Alike

Snapdeal’s Turnaround Plan Is Being Ridiculed By Its Investors And Employees Alike

Snapdeal might want to chart a new, profitable path with Snapdeal 2.0, but its senior executives don’t seem particularly enthused about the plan. Snapdeal’s heads of product, engineering and technology have all quit just a day after the founders had launched Snapdeal 2.0. Product VP Pradeep Desai, Engineering VP Viraj Chatterjee and IT head Gaurav Gupta have turned in their papers immediately after Snapdeal announced its restructuring. These aren’t the only senior executives to quit…

Paytm To Take On WhatsApp, Will Launch Its Own Messaging Service

Paytm To Take On WhatsApp, Will Launch Its Own Messaging Service

Paytm and Whatsapp started off as very different companies. WhatsApp was founded in 2009 as a chat application; Paytm was founded in 2010 as a payments company. But through a long circuitous route that has spanned nearly a decade, both are converging on one single aim — to marry chat and payments. While WhatApp has been looking to integrate UPI payments into its app that’ll allow people to send and receive money, it now turns out…

Snapdeal Now Asking Employees To Leave With One Month’s Pay, 80% Of Staff Could Be Cut

Snapdeal Now Asking Employees To Leave With One Month’s Pay, 80% Of Staff Could Be Cut

Snapdeal’s smaller investors are already peeved about the company having decided to not pursue a deal with Flipkart; its employees might just end up being even more unhappy. Snapdeal is now asking several of its employees to leave immediately with just one month’s pay and one month in severance, Economic Times has reported. This is less than what employees had been offered in February when Snapdeal had conducted its last round of layoffs — Snapdeal had…

Snapdeal Investor “Extremely Disappointed”, Says Founders Acted Against Interests of Investors And Employees

Snapdeal Investor “Extremely Disappointed”, Says Founders Acted Against Interests of Investors And Employees

    Snapdeal’s decision to end all talks of acquisitions and mergers hasn’t gone down with one of its earliest backers. Kalaari Capital’s Vani Kola has torn into Snapdeal’s founders for deciding to end all strategic talks. “I’m extremely disappointed and shocked (with) the founders and their disregard for investors’ and employee’s interests,” she told ET Now. Kola also said that the decision was taken without her consent. “I had no prior information of this….

Snapdeal Not Merging With Flipkart, Will Work On Developing Itself As An Independent Entity

Snapdeal Not Merging With Flipkart, Will Work On Developing Itself As An Independent Entity

The longest will they-won’t they in recent memory in the Indian startup ecosystem has ended, and two of the biggest startups in the country won’t be joining forces. Snapdeal has announced that that it won’t be getting acquired by Flipkart. “We will be continuing the Snapdeal journey as an independent company,” said the Snapdeal founders in an email to their employees. “Over the last few months, our company has been engaged in strategic discussions with…

Facebook Shuts Down Its AI Bots After They Start Speaking In A Language Humans Can’t Understand

Facebook Shuts Down Its AI Bots After They Start Speaking In A Language Humans Can’t Understand

Earlier this week, Mark Zuckerberg and Elon Musk had locked horns over exactly the sort of topic that one would imagine billionaire technocrats discuss in their spare time — whether advanced AI would ultimately destroy humanity. Elon Musk has been telling anyone who’d listen how Artificial Intelligence would become so smart as to render humans useless. Zuckerberg didn’t seem to agree, saying that certain “naysayers” were coming up with doomsday scenarios. Musk had then shot back,…

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