Tag: facebook

US-India Strategic Partnership Forum Announces Additions to Its Global Board of Directors

The US-India Strategic Partnership Forum (USISPF) has announced that six new business and former government leaders have been inducted into the Washington, D.C.-based advocacy group that champions stronger US-India bilateral commercial and strategic ties. The new leaders have joined as members of the USISPF Board of Directors, Advisors to the Board, and members of the…

Instacart appoints Carolyn Everson as President

Instacart, an online grocery platform in North America, has announced that it has appointed Carolyn Everson as President, effective September 7, 2021. Everson brings with her a 30-year proven track record of leading at-scale, global consumer technology teams with a focus on growing global partnerships, business development and pioneering advertising platforms. As President, Everson will…

Marne Levine appointed first Chief Business Officer of Facebook

Facebook Inc has appointed Marne Levine, vice president of global partnerships, as the social media giant’s first chief business officer, according to Reuters report. Levine said she will oversee Facebook’s advertising business and global partnerships, in a post. She will report to Chief Operating Officer Sheryl Sandberg. In Levine’s over a decade-long stint at the company, she has served…

Cloud communication platform Exotel raises 45 crores in funding

Exotel has announced a fresh infusion of 45 crores from A91 Partners, Blume Ventures and a panel of angel investors. The angel investors include Binny Bansal (Co-founder of Flipkart), Vikas Choudhury (President of Reliance Jio), Deep Kalra (CEO, MakeMyTrip), Rohan Angrish (Head, ICICI Labs engineering) among others. Additionally, Anand Chandrasekaran, former Facebook and Snapdeal product leader, is joining Exotel as an advisor and…

Meesho secures $300 million from SoftBank Vision Fund

Indian-origin social commerce platform – Meesho has announced that the company had raised $300 million from SoftBank Vision Fund. Existing investors – Facebook, Prosus Ventures, Venture Highway, Shunwei Capital and Knollwood Investment also participated in the latest financing round of Meesho. Speaking on the investment, founder and CEO of Meesho – Vidit Aatrey said, “We are…

Uber tells employees to work from home till mid-September

Ride-hailing major Uber has extended work-from-home policy for its employees till September 13, as California continues to show a dramatic decline in the number of Covid-19 cases, according to IANS report. Uber is also encouraging employees to get vaccinated when it’s possible to do so, reports TechCrunch. “In considering the extension, we took into account…

Facebook appoints its first chief compliance officer amid ongoing scrutiny

ViacomCBS Inc’s top compliance official, Henry Moniz, is moving to Facebook Inc as the social media platform’s first chief compliance officer, as Facebook faces scrutiny from regulators and lawmakers, according to Reuters report. “We are pleased to confirm that Henry Moniz will be joining Facebook to lead our strategy and execution of compliance matters in…

Simplilearn announces Collaboration with Facebook

Simplilearn, online bootcamp for digital economy skills training, has announced its collaboration with Facebook to integrate the Facebook Blueprint Digital Marketing Associate Certification into its Digital Marketing courses. As part of this collaboration, Simplilearn will make a Facebook Blueprint certification exam voucher available to graduates of  Simplilearn’s Digital Marketing Specialist Program and the PG Program in Digital…

Facebook’s advertising integrity chief Rob Leathern resigns

Rob Leathern, Facebook Inc’s chief of advertising integrity, who handled the company’s ad products around sensitive subjects such as politics and coronavirus misinformation, departed this week, according to Reuters report. Rob Leathern, director of product management, said earlier this month on Facebook’s internal network that he would be leaving the company on Dec. 30. His…

Facebook Acquires Kustomer for $1 Billion

Facebook announced they were acquiring Kustomer, a startup company that specialises in customer-service platforms. The deal was for just over $1 billion according to a report of The Wall Street Journal Brad Birnbaum, CEO, Kustomer, said – “Throughout the last five years, we have had the opportunity to power the customer experiences of many of…

Facebook to acquire CRM startup Kustomer

Facebook has reached an agreement to acquire Kustomer, a top-rated CRM that enables businesses to effectively manage all customer interactions across channels. Kustomer helps businesses automate repetitive tasks so their agents can maximize the time and quality of interactions with customers.  With this acquisition, Facebook can improve its offerings for businesses that have a presence…

Facebook India names Arun Srinivas as Director of Global Business Group

Facebook said it has named Arun Srinivas as the Director of Global Business Group. Srinivas will lead the strategy and delivery of the India Marketing Solutions charter. Srinivas has 24 years of leadership experience in sales and marketing with leading companies. Facebook said Srinivas’ appointment comes after a series of senior and leadership recruitments in…