Zetwerk Manufacturing Business Limited has secured approval from the Securities and Exchange Board of India for its proposed initial public offering. With this, the company has crossed an important regulatory milestone in its journey towards a stock market debut. The proposedIPOis expected to comprise a fresh issue of equity shares and an offer for sale by existing shareholders, although the final issue size and valuation will be determined through the book-building process. Moving on, doomscrolling is taking away hours of users’ time and the European Union thinks that’s a bad idea. It has accused Meta ofbreachingits social media law by designing Facebook and Instagram to get users hooked, and demanded it disable “key addictive features” like infinite scrolling. Meta now has the chance to respond and defend itself before the commission issues its final decision, which could result in a fine worth up to 6% of the company's global annual revenue, per aPTIreport. Meanwhile, India’s government said it has received WhatsApp's reply to the notice on 'username' feature and is examining it,PTIreported citing sources. The development follows anoticethat was issued to the Meta-owned messaging platform last Wednesday. The Centre had questioned WhatsApp's proposed username feature, raising concerns over online fraud, phishing, and digital arrest scams. Elsewhere,Fidji Simo, CEO of Applications at OpenAI, said she is stepping down from her full-time executive position at the AI major to prioritise her personal health. In today’s newsletter, we will talk about Here’s your trivia for today: What famous landmark in Arizona, US, was discovered by Garcia Lopez De Cardenas in 1540? Techsparks 2026, YourStory’s flagship technology summit, is around the corner. And, YourStory is inviting applications from startups for Tech30 2026. This year's summit is centred on the theme ‘The New Tech Order’, reflecting a shift as Indian deeptech moves from early promise to real-world impact. Every year, Tech30 identifies 30 early-stage startups building breakthrough technologies out of India. The 2026 cohort will be unveiled at TechSparks 2026 from October 13-15. For years, online shopping portals have relied on deep discounts to pull customers during festive season sales. A new report suggests that early planning, real-time inventory visibility and faster fulfillment are as important as discounts. The Festive Readiness Report 2026 released by AI-native retail technology company Fynd, was based on data between March 2025 and June 2026 across Amazon, Flipkart, Myntra, AJIO, Nykaa, and JioMart What famous landmark in Arizona, US, was discovered by Garcia Lopez De Cardenas in 1540? We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail[email protected]. If you don’t already get this newsletter in your inbox,sign up here. For past editions of the YourStory Buzz, you can check ourDaily Capsule page here.
