TECHNOLOGY
Reddit to open an office in Bengaluru, hire local teams amid India push
Sources said that Reddit is building out a team that can help deliver culturally relevant local experiences in the country, similar to a few other markets.
TECHNOLOGY
India tops Snapchat's AR lens charts; developer community up 50% in 2 years: Bobby Murphy
India is Snap's second-largest market for the AR developer community. A few developers are already building experiences for the Spectacles AR glasses that run on Snap OS.
BUSINESS
Tamil Nadu's new rules for real-money games: Blank hours, mandatory KYC norms, ban on minors, more
real-money gaming platforms have to impose 'blank hours' between midnight and 5 am, disabling login during these restricted five hours.
ENTERTAINMENT
Amazon MX Player bets on shoppable videos to drive growth in India as competition intensifies
Amazon MX Player is a key part of the online retail giant’s strategy to boost its digital advertising revenue in the country.
BUSINESS
Krafton partners Kuku FM to expand BGMI universe with audiobook
Krafton has announced an audiobook adaptation of BGMI, 'BGMI: Lone Survivor', one of the first adaptations of a video game IP into an audiobook in the country
TECHNOLOGY
Google parent to spend $75 billion in 2025 to accelerate its AI efforts
Alphabet CEO Sundar Pichai praised DeepSeek but emphasised that Gemini offers some of the most efficient models, including Gemini Flash 2.0 and Flash Thinking 2.0
BUSINESS
Snapchat parent elevates Ajit Mohan as chief business officer
Ajit Mohan will be responsible for growing Snap's advertising business across all regions and leading the social media company's revenue product and business operations organisations
TECHNOLOGY
Spotify CEO Daniel Ek: Confident India will be a substantial business in the long term
Spotify reported its first full year of profitability in 2024 since its launch in 2008. Daniel Ek stated that 2025 will be the year of 'accelerated execution,' with a focus on doubling down on music-related experiences.
BUSINESS
Netflix bets on high-profile shows, films to attract Indian consumers amid rising competition
Netflix has unveiled its 2025 lineup of movies and TV series for the Indian market, which is emerging as a crucial region for its future growth.
BUSINESS
Nazara Tech's Nodwin to acquire StarLadder for Rs 46.75 crore to ramp up esport events
Nazara Tech's esports subsidiary Nodwin Gaming has sought to expand its offerings in India and international markets through a series of acquisitions and investments over the past few years.
STARTUP
Ashneer Grover’s reality show, Titan Story to headline Amazon MX Player's 100 series lineup for 2025
Amazon MX Player unveiled its 2025 lineup of over 100 new shows, which will include 40 new Hindi originals and returning seasons of prominent TV series.
TECHNOLOGY
Meta's Threads now has over 320 million monthly active users, says Mark Zuckerberg
Threads has been adding new features to draw users from X while fending off competition from emerging social platforms such as Bluesky in recent months
TECHNOLOGY
Meta to pour hundreds of billions into AI infrastructure as Zuckerberg shrugs off DeepSeek threat
Meta plans to launch Llama 4 with natively multimodal and agentic capabilities in the forthcoming months. The firm also expects Meta AI to reach 1 billion users in 2025
TECHNOLOGY
Meta to spend up to $65 billion for big AI push in 2025
Meta plans to spend on building infrastructure, including data centers, to power its AI offerings, as the battle for supremacy intensifies among the tech giants.
BUSINESS
NCLAT grants WhatsApp a reprieve from CCI's data-sharing ban order
In November, CCI had directed WhatsApp not to share user data collected on its platform with other Meta products or companies for advertising purposes for five years.
TECHNOLOGY
Davos 2025: AI will be a major growth driver for Mahindra Group, says Anish Shah
Mahindra Group has a team of about 250 to 300 people focused just on artificial intelligence, said managing director and CEO Anish Shah at World Economic Forum in Davos
DAVOS-SUMMIT
Davos 2025: India story growing from strength to strength, says Mahindra Group's Anish Shah
Donald Trump taking over as the United States president creates a fair degree of de-globalisation but also brings a sense of optimism, the Mahindra and Mahindra group CEO has said
BUSINESS
Netflix adds record 18.9 million subscribers in Q4 to go past 300-million milestone
Netflix added 4.94 million subscribers in the Asia-Pacific region, which includes India, taking the subscriber base to 57.5 million in the geography
BUSINESS
Davos 2025: India fifth preferred investment destination among global CEOs due to regulatory complexity, PwC execs say
Indian CEOs are, however, optimistic about their prospects in 2025, buoyed by expectations of higher global economic growth this year
BUSINESS
Nazara Technologies secures Rs 495 Cr funding from Mithun Sacheti & Arpit Khandelwal-led entity; open offer launched
Plutus Wealth Management founder Arpit Khandelwal and CaratLane co-founder Mithun Sacheti-led entities have announced an open offer to acquire another 26% stake in Nazara Technologies.
TECHNOLOGY
Ban Ki Baat: Will India or Trump define the next chapter in the TikTok saga
When India banned TikTok in June 2020, Meta's Instagram and Google's YouTube gained big time. Will it be the same with the US suspension?
STARTUP
Skill gaming firm Head Digital Works's FY24 revenue jumps 31% to Rs 1,378 Crore
Head Digital Works, the owner of A23 Rummy and A23 Poker, made a profit of Rs 72 crore in FY24. This was despite the higher GST burden from the 28% tax slab introduced in October 2023.
BUSINESS
Pocket FM to lay off 75 employees amid push for profitability
The app claims to have more than 200 million listeners who have streamed more than 100 billion minutes of content, with an average daily listening time of over 115 minutes.
BUDGET
Budget 2025: Real-money gaming firms seek redressal of tax issues, rationalisation of policies
The real-money gaming industry is hoping for a resolution of the retrospective taxation issues and lower GST rates to sustain the sector's growth
