BUSINESS
Nazara subsidiary Sportskeeda buys Pro Football Network to bolster its US presence
Pro Football Network's acquisition marks the beginning of Sportskeeda's journey in creating a comprehensive portfolio of sports media brands, said CEO Ajay Pratap Singh.
TECHNOLOGY
Amazon aims to expand its Fire TV business in India through partnerships
A key feature that could be a differentiator for Fire TV is DTH set-top box integration, which allows consumers to switch between DTH TV channels and video streaming apps with a single remote.
BUSINESS
WinZO debuts $50 million fund to back gaming, interactive entertainment startups
WinZO plans to invest at least $10 million of the fund in US-based interactive entertainment startups.
BUSINESS
Pac-Man, Elden Ring publisher Bandai Namco backs SuperGaming
SuperGaming is building an ambitious made-in-India battle royale title called Indus, that is heavily inspired by Indian culture and mythology
BUSINESS
ChatGPT Plus is now available in India for a monthly fee of $20
ChatGPT Plus will give subscribers priority access to new features and improvements, such as the recently unveiled GPT-4 AI language model.
BUSINESS
SVB fallout: Nazara Tech's subsidiaries transfer most of its cash deposits to external bank accounts
Nazara Technologies had earlier disclosed that Kiddopia Inc and Mediawrkz Inc held an cumulative cash balance of $7.75 million at the crisis-hit bank that suddenly collapsed late last week.
BUSINESS
Influencer marketing platform One Impression raises $10 mn from Krafton-led funding round
One Impression aims to build a full-stack influencer marketing platform that will help businesses plan and drive their influencer campaigns at scale.
BUSINESS
Exclusive: Mobile Premier League launches its NFT marketplace GGX
Mobile Premier League's NFT marketplace launch comes amid a busy cricketing season in the country and a legal dispute with a rival.
BUSINESS
SVB fallout: Nazara Tech to further diversify its cash reserves, says CEO
Nazara Technologies disclosed on March 12 that two of its step down subsidiaries operating in the United States - Kiddopia Inc and Mediawrkz Inc - held an cumulative cash balance of $7.75 million in the Silicon Valley Bank (SVB)
BUSINESS
Exclusive: Meta mulls a Twitter competitor codenamed ‘P92’ that will be interoperable with Mastodon
P92 team wants to use data of all Instagram users regardless of their participation in the new platform being planned by Meta, according to sources
BUSINESS
Disney+ Hotstar to stop streaming HBO shows from March 31
Disney CEO Bob Iger had announced plans to cut $5.5 billion in costs in February 2022. This includes about $3 billion in non-sports related content and $2.5 billion in non-content related costs.
BUSINESS
YouTube to offer generative AI tools to creators in coming months: Neal Mohan
YouTube chief Neal Mohan also previews new short video and podcasting features that will be introduced later in 2023, besides plans to expand its subscriptions business.
BUSINESS
Google's third-party billing system ‘violates CCI’s order’; exploring all avenues to challenge it: ADIF
Google is updating the Google Play payments policy to allow app developers offer an alternate billing system for in-app purchases to consumers within India from April 26.
BUSINESS
How Meta plans to integrate generative AI in Instagram, WhatsApp? Mark Zuckerberg gives a glimpse
Mark Zuckerberg said they are looking into text-based experiences such as WhatsApp and Messenger chat, images such as "creative Instagram filters and ad formats," and "video and multi-modal experiences."
BUSINESS
Ashneer Grover's Third Unicorn plans to enter cricket fantasy sports with CrickPe
The move comes ahead of the marquee Indian Premier League (IPL) tournament which is set to begin from March 31, 2023.
TECHNOLOGY
We will likely see a killer AI app later this year, says Nothing’s Carl Pei
Carl Pei says they are already making all their phones locally and exploring whether they can make other products in the country.
BUSINESS
Google to allow app developers to offer third-party billing in India from April 26, 2023
The move is part of sweeping changes Google will be making to its Android and Play business to comply with the CCI's directives
BUSINESS
Ex-Nazara CEO Manish Agarwal's Web3 gaming firm raises $20M funding; acquires IndiGG
The fundraise was led by Accel, with participation from investors such as Prosus Ventures, Courtside Ventures, and Nexus Venture Partners. It values the company at Rs 1,200 crore on a fully diluted basis.
BUSINESS
Meta Verified vs Twitter Blue: How do they stack up against each other
Meta is currently testing whether users are willing to pay for features such as account verification, weeks after Twitter introduced similar plans
BUSINESS
Meta announces Twitter Blue-like paid verification subscription service
Meta's paid verification system will be available for a monthly fee of $11.99 on the web and $14.99 on iOS.
BUSINESS
Neal Mohan becomes YouTube chief: 10 things to know about the Indian American CEO
Neal Mohan is taking over as YouTube head from Susan Wojcicki whose departure marks an end of an era at the Google-owned video sharing platform
TECHNOLOGY
Meta steps it up, to integrate generative AI features with Instagram, Facebook
The AI-driven tech will span formats such as text, photos and videos and platforms, including Facebook and Instagram, helping people be more creative and share in new ways
BUSINESS
Meta chief business officer Marne Levine to step down
This development comes on heels of Meta CEO Mark Zuckerberg's comments on making the company a more stronger and nimble organisation, terming 2023 as the "year of efficiency"
BUSINESS
Disney+ Hotstar loses 3.8 million paid subscribers in its biggest quarterly decline to date
Disney+ Hotstar's paid member base dropped 6 percent to 57.5 million for the quarter. This comes amid a major reorganisation at the media and entertainment giant under the recently reinstated CEO Bob Iger
