Author: Arabian Media staff

Following the completion of an $8.4 billion merger earlier this month, Skydance Media and Paramount Global are now a new company called Paramount, a Skydance Corporation — and layoffs are reportedly on the horizon for the new entity.The newly formed company, which oversees media assets like CBS, MTV, and Comedy Central, is now preparing to cut jobs across its business, according to Variety.The layoffs are expected to occur by early November, when Paramount is scheduled to report third-quarter earnings, impacting around 2,000 to 3,000 jobs. The company is aiming for $2 billion in annual cost savings. Related: Paramount Global Is…

Elon Musk’s X social media platform, formerly Twitter, has reportedly reached a tentative settlement in a $500 million class-action lawsuit over severance pay, the New York Times reports.The suit stems from when Musk took over Twitter in 2022; he cut more than 80% of the staff (around 6,000 employees). Many laid-off employees sued, claiming they were owed severance. Now, almost three years after the firings, X Corp has settled, though the terms have not been disclosed.Related: Gen Z Is Redefining the Workplace — and Companies Must Adapt or Face Losing TalentOral arguments in the case were scheduled to begin on…

E-commerce major Amazon India on Monday announced the expansion of ‘Project Ashray’, launching 40 more rest centres for all delivery partners across the country in collaboration with Hindustan Petroleum Corporation Limited (HPCL).Ashray centres are dedicated rest stops for delivery associates, offering air-conditioned seating, clean drinking water, mobile charging points, washrooms, and first-aid kits.With the latest addition, Amazon now operates 65 Ashray centres across 13 cities, including 24 in Delhi-NCR.Amazon aims to set up 100 such centres by the end of 2025.”These Ashray centres address the everyday challenges delivery partners face while navigating bustling traffic and extreme weather conditions,” said Salim…

Opinions expressed by Entrepreneur contributors are their own. When business leaders consider brand building, they often think of traditional promotion, like print and digital advertising, or maybe a well-placed radio commercial to attract their target audience. They spend massive amounts of ad dollars to build brand awareness. But for most private businesses, brand building isn’t about throwing more money at advertising. It’s about creating an organization that engages, delivers on promise, and perhaps most of all, provides exceptional customer experience.According to a recent PwC Future of Customer Experience Survey, 65% of customers say a positive experience with a brand is…

CredRight, a non-banking financial company that lends to India’s smallest business owners, has raised $10 million in a Series B round led by Abler Nordic, with participation from existing investors Michael & Susan Dell Foundation and Unleash Capital. The investment is Abler Nordic’s first from its new Fund V. CredRight said it will use the capital to expand its loan book, upgrade its technology platform, and extend its reach across Tier II to Tier IV towns. Abler Nordic will become the company’s largest equity investor and “work with the management to scale operations, strengthen governance, and deepen impact,” according to…

Tom’s of Maine. Ben & Jerry’s. Annie’s. Burt’s Bees. Bob’s Red Mill. Mike’s Hot Honey.In the packaged goods industry, many founders name their companies after themselves — but why? And is there unique value to it?Serial entrepreneur Mark Samuel has an answer, and it’s why he’s launching a new snack brand called Mark’s Snacks. To him, it’s all about radical accountability. “When your name is on the bag, there’s no hiding,” he says. “I can’t cut corners because it reflects directly on me and my family.” Samuels has become a recognizable voice in the CPG (consumer packaged goods) industry. He…

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Running a business today often means juggling marketing, client communication, and internal planning, and each of those tasks benefits from clear, professional visuals. Hiring a designer every time you need an infographic, chart, or logo is costly, while DIY solutions can eat up hours that should be spent on running the business.InfographsAI is a more efficient path. This AI-powered tool generates polished infographics,…

In the early 2000s, Sal Longo was an 18-year-old student working as a weekend delivery guy for a daycare’s lone bounce house, which he rented out as a side hustle. By his early 20s, he’d taken the reins and turned his small side hustle into a successful seasonal business. But after a hard pivot during the pandemic, Longo led his company, Busy Bee Jumpers, to become a thriving professional franchise operation focused on high-margin core rentals — bounce houses, water slides, obstacle courses and tents — delivered with a tech-tight, community-driven playbook.In this Q&A, Longo walks through the college-to-ownership handoff,…

Vedanta group firm Hindustan Zinc Ltd is actively exploring opportunities in rare earth elements and seeking global partners for AI and drone-based exploration of critical minerals, Chairperson Priya Agarwal Hebbar said on Monday.Addressing the shareholders during the 59th Annual General Meeting, Hebbar said, “Further, we are actively pursuing exploration opportunities in copper, lithium, nickel, cobalt, potash, and rare earth elements, while also looking at neodymium from monazite, antimony, graphite, and germanium.”Rare earth elements are essential to modern technology. From smartphones and electric vehicles to wind turbines, defence systems, and advanced electronics, these minerals are the backbone of both civilian and…

Opinions expressed by Entrepreneur contributors are their own. I’ll never forget the day I quit my job to pursue my startup full time.My manager’s office was two floors above mine. The morning I decided to give my notice, I took the stairs. Turns out, two floors is a lot of time to think. Was I making a mistake? Had I lost my mind? My legs felt leaden as I climbed, and by the time I reached the top, my heart was pounding in my chest — and not just because of the stairs.Making the leap into entrepreneurship will never not…