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Tubi welcomes new Indian-American CEO

Acquired by Fox for $440 million in 2020, Tubi also surpassed PlutoTV, Peacock and HBO Max in total TV viewing minutes…reports Asian Lite News

Indian-American Anjali Sud will take over as the new Chief Executive Officer of Tubi, Fox Corporation’s free ad-supported streaming service, from September 1.

Sud, who recently stepped down as CEO of Vimeo after nine years, will succeed Farhad Massoudi, Tubi’s founder and chief executive.

“We are witnessing a seismic shift in where and how content will be consumed, and I believe that Tubi can become the destination for the next generation of audiences,” Sud said in a statement.

“The future of streaming TV is free, and I am excited to join the Tubi team to help shape the next wave of entertainment, by giving all people access to all the world’s stories. Tubi is doing things differently in a space that is being imminently disrupted, and that is my kind of opportunity,” she added.

Sud’s appointment comes as Tubi recently became the most watched free ad-supported TV streaming service in the US, with the streamer reporting 64 million monthly active users, according to Nielsen.

Acquired by Fox for $440 million in 2020, Tubi also surpassed PlutoTV, Peacock and HBO Max in total TV viewing minutes.

Tubi is at the core of FOX’s digital business unit, Tubi Media Group, led by Paul Cheesbrough, which includes Tubi, AdRise, Blockchain Creative Labs and Credible, as well as the digital platforms and teams that underpin FOX’s wider digital business in news, sports and entertainment.

In her new role, Sud will be reporting to Cheesbrough, who called the new CEO a “highly accomplished executive in the technology and media industry with a passion and track record for strategic disruption and authentic leadership”.

“As Tubi continues to scale and solidify its momentum as the most watched free TV and movie streaming service in the US, she is the perfect candidate to lead Tubi into a new era of creativity, growth and market leadership,” Cheesbrough said in a release shared by the company.

Under Sud’s leadership as CEO of Vimeo, the platform established itself as the home for video creators and professionals worldwide, building a thriving community of over 300 million users and generating scaled revenue growth and significant cash flow.

Before her tenure at Vimeo, Sud held positions in finance, media and e-commerce at Time Warner and Amazon.

ALSO READ-Indian American honored as ”Healthcare Innovation Champion”

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-Top News India News USA

Indian American honored as ”Healthcare Innovation Champion”

Bera, being a first-generation American, has taken up the cause of bolstering investment in global health innovation and actively opposed budget cuts to crucial funds that aid in combating future pandemics. These efforts led to him being honored with the distinguished 2021 Congressional Champion Award…reports Asian Lite News

Ami Bera, an Indian-American Congressman, was honored with the Champion of Healthcare Innovation Award for his unwavering commitment to promoting accessible and excellent healthcare services in the United States.

Bera, the longest-serving Indian-American Representative inCongress, was felicitated during Healthcare Leadership Council Innovation Expo 23 in Washington D.C. last week.

“Honored to receive the Champion of Healthcare Innovation Award… As a doctor, I’m committed to working to ensure that every American has access to high-quality, affordable health care,” Bera wrote on Twitter.

Bera was first elected to represent Sacramento County in November 2012, and since then has served the community for more than two decades as a doctor, first as Sacramento County’s Chief Medical Officer, and then as a Clinical Professor of Medicine at UC Davis, where he taught the next generation of doctors to care for their patients.

As a first generation American, Bera has championed efforts to strengthen investment in global health innovation and fought proposed cuts to vital funds that help fight future pandemics, which won him the 2021 Congressional Champion Award.

He introduced the Healthcare Innovation Act, which gives states the tools to experiment with new ways to get more Americans enrolled in health insurance thus lowering costs for all as more are enrolled.

Bera has also been an unwavering champion for women’s healthcare, and received the Planned Parenthood’s Champions for Women’s Health Award in 2015 for his leadership in advancing access to reproductive healthcare.

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2 Indian-Americans among Money magazine’s top 50 changemakers

As the director of the government’s CFPB, Chopra, 40, is tasked with protecting families from deceptive and abusive financial practices….reports Asian Lite News

Two Indian-Americans are among Money magazine’s 50 influential figures from entertainment, media, business, investing, politics, etc, who are shaping Americans’ finances.

Rohit Chopra, head of the Consumer Financial Protection Bureau (CFPB) and Gaurav Sharma of New York-based fintech firm Capitalize, have been recognised for offering “unique perspective on the gaps within our financial systems – and how they’re working to improve the future for everyday consumers”.

As the director of the government’s CFPB, Chopra, 40, is tasked with protecting families from deceptive and abusive financial practices.

Appointed by US President Joe Biden in 2021, “Chopra has already made an outsized impact on the wallets of Americans by helping overhaul how medical debt affects our credit, reduce ‘junk fees’ charged by banks, and more,” says Money.

As Director, Chopra is also a member of the Board of Directors of the Federal Deposit Insurance Corporation and the Financial Stability Oversight Council.

“As far as financial regulators go, 40-year-old Chopra is young, though he’s certainly not inexperienced. In fact, he’s a bit of a financial Forrest Gump,” the Money said.

During his tenure at the Federal Trade Commission starting 2018, Chopra successfully worked to strengthen sanctions against repeat offenders, to reverse the agency’s reliance on no-money, no-fault settlements in fraud cases, and to halt abuses of small businesses. Prior to his government service, Chopra worked at McKinsey & Company, the global management consultancy, where he worked in the financial services, health care, and consumer technology sectors.

Gaurav Sharma
Rahul Chopra

Chopra holds a BA from Harvard University and an MBA from the Wharton School at the University of Pennsylvania.An Australian by birth, Sharma is the CEO and Co-Founder of Capitalize — a venture-backed fintech company in New York focused on the retirement savings market. Before founding Capitalize, Sharma worked for JP Morgan, UBS, Morgan Stanley, and Greenlight Capital.

After seeing how hard it is for most people to understand their retirement accounts, he decided to build a company that makes it easier.

“Really honored to be recognized by @Money as one of 50 Changemakers for 2023 – and flattered to be alongside some amazing innovators,” Sharma tweeted.

Initially, Sharma wanted Capitalize just to solve the problem of finding an old account and getting the money easily into an individual retirement account. Looking forward, though, “our bigger mission is helping the issue of saving for retirement,” Sharma told Money.

ALSO READ: Indian American appointed Tufts University President

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-Top News India News

Jaishankar meets Latin American, Caribbean group

Jaishankar is to meet with General Assembly President Csaba Korisi this evening…reports Asian Lite News

India’s External Affairs Minister S. Jaishankar began his whirlwind diplomacy here on Monday with a meeting with the head of the Latin American and Caribbean group and geared up for meetings with seven Foreign Ministers.

Argentina’s Foreign Minister Santiago Cafiero, who is the President pro tempore of the Community of Latin American and Caribbean States (CELAC), was the first on Jaishankar’s schedule.

At their meeting, they reviewed India-CELAC cooperation and agreed to work closely on Covid pandemic economic recovery on trade, commerce, agriculture, food and energy security, health, vaccine production and logistics, according to India’s External Affairs Ministry.

Also at the meeting were Foreign Ministers Mario Adolfo Bucaro Flores of Guatemala and Amery Browne of Trinidad and Tobago.

Jaishankar, in a tweet, thanked them “for ideas that we will take forward together” in an area where India has boosted its diplomacy.

He later met Foreign Ministers Olta Xhacka of Albania and Ian Borg of Malta during his morning schedule.

Jaishankar is to meet with General Assembly President Csaba Korisi this evening.

Before that, he will hold a trilateral meeting with his UAE and French counterparts, Zayed Al Nahyan and Catherine Colonna, respectively, in an emerging cooperative arrangement of the three countries.

In July, officials from the foreign ministries of the three countries met to discuss cooperation in the Indo-Pacific region, humanitarian assistance and disaster relief, regional connectivity, multilateral cooperation, innovation and startups, and supply chain resilience.

In his afternoon schedule, Jaishankar is to meet bilaterally with al Nahyan and Foreign Ministers Sameh Shoukry of Egypt, Retno Marsudi of Indonesia, and Bruno Rodriguez Parrilla, of Cuba, and Ethiopia’s Deputy Prime Minister Demeke Mekonnen, who also holds the foreign ministry portfolio.

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