iWorld
4K content, TV and OTT players: Why India needs to take note
MUMBAI: Here’s why Indian OTT players, TV broadcasters and content creators need to take 4K seriously. A new research report Digital TV & Video: Network and OTT Strategies 2016-2021 from Juniper Reseatch has predicted that 4K OTT services will attract over 189 million unique users globally by 2021, up from just 2.3 million this year, driven by greater content availability and compatible devices.
While connected TVs will be the dominant platform, viewership will take place through a range of devices, including smartphones, tablets and PCs.
The report points out that a large part of the adoption will take place in the US, as an increasing amount of viewers there take to 4K internet TV and video content watching taking number of the tribe up to 1 in 10 by 2021 as against the 1 in 500 consuming it, there will be offtake in India too. With the dropping of bandwidth and data costs courtesy telecom price wars, and the spread of 4G LTE, India which is a mobile rich country, should see increasing video – even 4K – being consumed on the go on hand held devices and at home.
The new research found that although YouTube, Netflix and Amazon already offer some 4K video, network providers have been waiting for a critical mass of content to become available before launching their own 4K offer. However, 2016 has seen roll-out of a number of new 4K offerings, such as the launch of the Sky Q 4K service in the UK, coupled with new hardware launches to provide a means of streaming online 4K content.
Indeed, device compatibility in the past has proved to be a significant barrier for online 4K video.
Research author Lauren Foye explained: ‘The popularity of online video has seen the use of set-top boxes from vendors such as Roku and Amazon soar. However, delivery mechanisms for content have seen slower adoption, as the availability of 4K capable streaming devices is limited. New device launches, such as the 4K capable Xbox One S this month, among others, are likely to spur a boost in 4K usage.’
Juniper is cautiously optimistic about the progress of 8K. Whilst there is one commercially available 8K TV currently on the market (priced at $133,000), 8K content is a long way from becoming mainstream. In a similar form to 4K, Juniper sees 8K smart TVs emerging first, followed by streaming devices and set-top boxes, making this a drawn out process.
With Japan seeking to broadcast the 2020 Olympics in 8K, the industry is likely to use this as an opportunity to drive sales of 8K smart TVs. Juniper forecasts that 8K smart TV shipments will grow more than threefold between 2020 and 2021, to reach over 400,000 per annum by the end of the forecast period.
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.
