iWorld
Q India Launches Mobile App Targeting 300M+ Smartphone Audience in India
MUMBAI: QYOU Media (TSXV:QYOU; OTCQB: QYOUF), announced today its launch of the Q India mobile app on the Google Play store. Featuring content from top local creators and talent, the direct-to-consumer app significantly expands Q India’s footprint within India, and to the additional tens of millions of expatriate fans of Indian-created content globally.
The mobile app market has exploded worldwide, with India surpassing the US in mobile app downloads, and now second only to China. The Q India app, available globally through the Google Play Store, will allow users access to the channel’s 24/7 linear stream of premium digital-first content from India’s top creators, along with individual video on-demand offerings of all episodes.
Curt Marvis, CEO and Co-Founder of QYOU Media, commented: “India is one of the fastest growing mobile markets in the world and provides the perfect opportunity for us to launch a new, youth-oriented mobile app that taps into this. We know from working with leading digital creators in India – like Culture Machine, Pocket Aces, The Comic Wallah and others – that there is a real appetite from young Indians for content that reflects local themes and culture. Q India is fast becoming recognized as having the best of this content all in one place, and now with the app we are also enabling audiences that have grown-up watching online video on a daily basis to access their favorite curated content on their favored devices.”
The launch follows on from the appointment earlier this year of former president of Sony Pictures Worldwide Networks, Andy Kaplan, as Non-Executive Chairman of Board of Directors of QYOU India Pvt (QYOU India). It also adds to the 230 million+ consumers on mobile and TV that are already engaging with QYOU’s curated content through partnerships with leading TV and mobile providers in the region.
iWorld
Meta plans 8,000 layoffs in new AI-led restructuring wave
First phase from May 20 may cut 10 per cent workforce amid AI pivot.
MUMBAI: At Meta, the future may be artificial but the cuts are very real. The social media giant is reportedly preparing a fresh round of layoffs, with an initial wave expected to impact around 8,000 employees as it doubles down on its artificial intelligence ambitions. According to a Reuters report, the first phase of job cuts is slated to begin on May 20, targeting roughly 10 per cent of Meta’s global workforce. With nearly 79,000 employees on its rolls as of December 31, the move marks one of the company’s most significant workforce reductions in recent years.
And this may only be the beginning. Sources indicate that additional layoffs are being planned for the second half of the year, although the scale and timing remain fluid, likely to be shaped by how Meta’s AI capabilities evolve in the coming months. Earlier reports had suggested that total cuts in 2026 could reach 20 per cent or more of its workforce.
The restructuring comes as chief executive Mark Zuckerberg continues to steer the company towards an AI-first operating model, committing hundreds of billions of dollars to the transition. Internally, this shift is already visible: teams within Reality Labs have been reorganised, engineers have been moved into a newly formed Applied AI unit, and a Meta Small Business division has been created to align with broader structural changes.
The trend is hardly isolated. Across the tech sector, companies are trimming headcount while investing aggressively in automation. Amazon, for instance, has reportedly cut around 30,000 corporate roles nearly 10 per cent of its white-collar workforce citing efficiency gains driven by AI. Data from Layoffs.fyi shows over 73,000 tech employees have already lost jobs this year, compared with 153,000 in all of 2024.
For Meta, the move echoes its earlier “year of efficiency” in 2022–23, when about 21,000 roles were eliminated amid slowing growth and market pressures. This time, however, the backdrop is different. The company is financially stronger, generating over $200 billion in revenue and $60 billion in profit last year, with shares up 3.68 per cent year-to-date though still below last summer’s peak.
That contrast underlines the shift underway. These layoffs are less about survival and more about reinvention. As Meta restructures itself around AI from autonomous coding agents to advanced machine learning systems, the question is no longer whether the company will change, but how many roles will be left unchanged when it does.
