iWorld
RunnTV crosses 50 thousands app downloads
Mumbai: RunnTV, the Indian FAST (Free Ad-Supported Streaming Television) based content streaming platform targeting only Indian audiences, has achieved a benchmark by surpassing 50,000 downloads in a short timeframe while targeting only selective Indian cities. This response underscores RunnTV’s relevance and experience for OTT users in India.
Since its launch in November 2023, RunnTV has built and captivated audiences with its curated content and experience delivered with user-friendly interface, and innovative features. The app’s instant appeal to a broad audience can be attributed to RunnTV’s aim to deliver high-quality entertainment experience that caters to the evolving preferences of today’s digital audience.
RunnTV is targeting the emerging and high growth FAST market in India. This initial response to RunnTV clearly highlights the void and a need for a free TV platform with great user experience and good content without any clutter created with a dump of available free content. RunnTV will soon be available on Smart TVs and other aggregator platforms.
OTT App Name stands out with its features, such as mentioning any unique features which have garnered positive feedback from users and contributed to the app’s rapid growth.
Runn TV founder & CEO Manish Sinha said, “We are thrilled to have reached the milestone of 50,000 downloads in such a short span. This achievement is a testament to our RunnTV team’s dedication to delivering exceptional entertainment and streaming experience. We are grateful to our users for their support and trust in our platform, this is definitely a great start to our vision to make RunnTV the Entertainment Experience Destination for Indians across the globe.”
As RunnTV continues to evolve and expand its channels and content offerings, the company is optimistic to provide an entertainment experience that brings many firsts to the Indian OTT audience.
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.
