LinkedIn Fined ₹27 Lakhs! Satya Nadella Among 9 Penalized for Ownership Rule Violations
LinkedIn India, along with CEO Satya Nadella and eight others, were fined ₹27 lakh by the Indian government for violating ownership rules. This comes after Microsoft acquired LinkedIn in 2016. The fines target a lack of transparency regarding the company’s true beneficial owners.
CONTENTS:
- Find me remote marketing job, 10+ lakh annually
- AI tailors cover letters, saves time
- LinkedIn India fined for ownership rules
Find me remote marketing job, 10+ lakh annually
LinkedIn Fined ₹27 Lakhs
LinkedIn, which is owned by Microsoft, has introduced new AI-driven features aimed at simplifying the job search process. These tools, accessible to premium users regardless of their job search status, include personalized resume creation, AI-guided cover letters, and more intuitive job searches. Rather than using basic keywords, users can now specify detailed job preferences in a conversational manner. For instance, they can request jobs like “Find me a remote marketing position offering an annual salary of at least Rs 10,00,000.”
AI tailors cover letters, saves time
Following the prompt input, LinkedIn’s AI will promptly display job listings that align with your specified criteria, streamlining the process of discovering suitable opportunities. These enhancements are integral to LinkedIn’s broader strategy of leveraging AI to support its global community of 1 billion users. The platform initiated testing AI tools last year aimed at facilitating optimal matches between job seekers and employers.
Furthermore, the AI can create customized cover letters by analyzing your experience and the particular job you are interested in. This capability is designed to save you considerable time and streamline the application process, particularly when applying for multiple roles concurrently.
LinkedIn India fined for ownership rules
Recently, the Ministry of Corporate Affairs imposed fines on LinkedIn India, Satya Nadella, and eight others for violating the significant beneficial owner regulations outlined in the Companies Act. Satya Nadella serves as the CEO of Microsoft, which acquired LinkedIn, the professional networking platform, in December 2016.
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